new - 6 days on rocket

114 Bay Dr, Le Ray Twp, MN, 56063

$550,000

Home List Price

$6,531*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
3,000 SqFt
$183/SqFt
House

Location

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114 Bay Dr, Madison Lake$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Heated Garage, Insulated Garage
Attached Garage4 spaces
Year BuiltNew Const., 2025
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontLake Front
ViewLake, Panoramic
MLS #6635711
StatusActive

About 114 Bay Dr

Presenting a new construction on a rare and highly coveted lot/property on Madison Lake—an expansive 2.3-acre buildable lot offering 400 feet of lakeshore. Located in Dauks East Bay Estates, this unparalleled parcel provides an ideal canvas for the creation of a private lakeside estate.

Property Details

Property Features

Property Information:

  • Year Built: 2025
  • Living Area: 3,000 SqFt

Listing Office:

  • Office Name: Home Found Group of Minnesota LLC

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake, Panoramic

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Heated Garage, Insulated Garage

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Hwy 60 W to Oriole Rd to Lake View Rd to E Bay Drive

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $183/SqFt
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Housing Market Comparison

See how this home compares to others in Madison Lake, MN.

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Madison Lake, MN

City

Med. List Price

$345.9K

Med. Price/SqFt

$208

Avg. Days On Market

190

# of Sold Homes

1

114 Bay Dr vs Madison Lake

6 DAYS ON ROCKET

-184 Days

$550,000

+$204K More

$183/SqFt

-$26 Less

KEY TAKEAWAY

This property is $204K more than the Median List Price and $26/SqFt less than other homes in Madison Lake, MN.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6635711

Listing Office:

  • Office Name: Home Found Group of Minnesota LLC

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Last updated on: 12/3/2024, 11:52:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3796193
9
/10

  • Eagle Lake Elementary School

  • 500 Le Sueur Ave

  • 4.96 miles

  • Public District Grades EE-5

school-card-donut-3796194
8
/10

  • JWP Elementary School

  • 110 E 3rd St

  • 6.67 miles

  • Public District Grades EE-6

school-card-donut-3796195
6
/10

  • St. Clair Elementary School

  • 121 Main St W

  • 8.29 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,646. Residents of Madison Lake, MN typically earn between $35k-100k each year. Residents typically live in married, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 114 Bay Dr

What is the listing price of this property?

The listing price of 114 Bay Dr property is $550,000.

What type of property is this?

The property 114 Bay Dr is a house located in Le Ray Twp, Minnesota, 56063.

Is this property for sale now?

Active Listing: 114 Bay Dr is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 114 Bay Dr has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 114 Bay Dr is 3,000 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 114 Bay Dr is 2025.

Rocket Homes›Minnesota›Blue Earth County›Madison Lake›56063›114 Bay Dr

This home is located at 114 Bay Dr in Le Ray Twp, MN and zip code 56063. This 3,000 square foot home was built in 2025. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $550,000.

In November 2024 in Madison Lake, MN there were 18.2% more homes for sale than in October 2024. In November 2024 median list price was $345,950 and the average listing age was 190 days.

From Rocket Homes Real Estate and based on county public records data.

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