Skip main navigation
Off market
  • $491,500

    516 Point Ave, Madison Lake, MN 56063

    2beds
    2,584sqft
    SingleFamily
    Built in 1990
    8,276 Square Feet Lot
    $491,500 Zestimate®
    $190/sqft
    $2,548 Estimated rent

    Home value

    $491,500

    $462,000 - $526,000

    $2,548/mo

    Zestimate® history
    Loading...

    Owner options

    List your home for rent

    $2,548/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,548/mo

    Rent Zestimate®

    Refinance and save

    $3,027/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $3,027/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Great opportunity awaits on this year round walkout rambler home with lakeshore on both sides! Inside the home, you'll find two bedrooms (including a large master bedroom that faces the lake), an open floor plan with vaulted ceilings, kitchen with a large center island and breakfast nook, 4 season porch with access to the deck, spacious living room and half bath. You have beautiful lake views from almost every room in the home. The lower level family room is an open space fit for entertaining with it's wet bar, and recreational space that flows right into the 3 season porch that goes right out to the lake. Finishing off the lower level is a bedroom, 3 4 bath, non-conforming bedroom and laundry utility room that has access to the garage. Schedule your showing today!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Solar
    Cooling
    • Other
    Appliances
    • Included: Dishwasher, Dryer, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Carpet
    • Basement: Finished
    Interior area
    • Total interior livable area: 2,584 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Wood
    Lot
    • Size: 8,276 sqft
    Details
    • Parcel number: R140534476002

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Foundation: Wood
    • Roof: Asphalt
    Condition
    • Year built: 1990

    Community & neighborhood

    Location
    • Region: Madison Lake

    Price history

    DateEventPrice
    11/20/2024Listing removed$420,000+5.8%$163/sqft
    Source: RASM #7028375 Report a problem
    11/20/2023Listing removed--
    Source: RASM #7028375 Report a problem
    11/23/2021Sold$397,000-5.5%$154/sqft
    Source: Public Record Report a problem
    10/15/2021Pending sale$420,000$163/sqft
    Source: Weichert Pro #7028375 Report a problem
    10/15/2021Contingent$420,000$163/sqft
    Source: RASM #7028375 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,076 +13%$466,000 +30.7%
    2023$4,494 +11.3%$356,500 +13.9%
    2022$4,038 +3.7%$313,100 +13.4%

    Find assessor info on the county website

    Neighborhood: 56063

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Mankato #77

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $491,500
    2% more
    +$9,830
    With Zillow Showcase(estimated)
    $501,330