7198 Loon Point Drive Sw

Kensington, MN
$ 309,000 Beds 1 Baths 1 Sq 896 Virtual Tour
Monthly Estimate* How much can I afford?

Start Living the Lake Life Now — Build Your Dream Home Later! Here’s a rare opportunity to get on the lake without waiting to build! Situated on .97 acres with an impressive 182 feet of shoreline on Lake Oscar, this unique property is ready to enjoy year-round today, with plenty of room to build your dream lake home in the future. Even better, the lot has already been cleared and the hard work is done, giving you a beautiful, ready-to-build setting when the time is right. Enjoy the property now while you plan your future lake home — without starting from scratch. The 28x32 insulated and heated garage has been thoughtfully set up for comfortable year-round use, featuring a 3/4 bath, kitchenette with refrigerator, sink, counters and microwave, plus an all-in-one washer/dryer. A drilled well and holding tank septic system are already in place, giving you the essentials to start enjoying your property right away. Spend your weekends on the water, use it as your year-round lake getaway, or make it your home base while planning the lake home you’ve always wanted. With nearly an acre of land, 182 feet of shoreline and beautiful westerly-facing views, you’ll have a front-row seat to spectacular Minnesota sunsets. The dock is included, so bring the boat, fishing gear and lake toys and start enjoying Lake Oscar from day one. The lot is cleared, the essentials are in place and the lake is waiting — live simply now, dream big for later!

Single Family

  • Price
  • $ 309,000
  • City
  • Kensington
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • DOUGLAS
  • Half Bathrooms
  • 0
  • Area
  • Loon Point
  • Lot Size
  • 0.97 Acres
  • Zip
  • 56343
  • Sqr Footage
  • 896
  • Year Built
  • 2021
  • Taxes
  • $ 1868
  • Style
  • Single Family
  • MLS#
  • 7131649
Listed By: Coldwell Banker Crown Realtors
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 896
Sewer Holding Tank
Heating Forced Air
Cooling Window Unit(s)
Roof Age 8 Years or Less,Asphalt
Pool Features None
Construction Materials Block
Year Built 2021
Electric 200+ Amp Service
View West
Levels One
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front
Accessibility No Stairs Internal
County Douglas
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Loon Point
Directions From Alexandria take Hwy 27 West,left onto CR-7,right onto Loon Point Drive.
City Kensington
High School District Alexandria
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 1868
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Kensington

Interior Features

Basement None
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 896
3/4 Baths 1
Laundry Features Main Level
Total Bedrooms 1
Total Baths 1
Bath Desc Main Floor 3/4 Bath
Dining Room Description Living/Dining Room
Foundation Dimensions 28x32
Fuel Propane
Waterfront Feet 182

Exterior Features

Fencing None
Parking Features Gravel
Lot Features Accessible Shoreline,Tree Coverage - Medium
Water Source Drilled
Lot Size Area 0.97
Building Area Total 896
Lot Dimensions 155x282x182x219
Waterfront Y/N Yes
Foundation Area 896
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/26/2026 Listed $325,000
9/14/2026 5% - $309,000

Property vs Zip Code Average in 56343

Price
AVG $520K
$310K
Taxes
AVG $3,194
$1,868
Year Built
AVG 1988
2021
Visits
AVG 28
8
Data Provided by Inside Real Estate®

7198 Loon Point Drive Sw Kensington, MN is a Single Family Home for sale at $309000 with 896 sqft and a lot size of 0.97 Acres Acre(s). 7198 Loon Point Drive Sw Kensington has 1 bedrooms, 1 baths and was built in 2021. The property's zip code is 56343 which is in Kensington, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.