550 Eldo Lane SW Alexandria, MN 56308
For Sale MLS# 6752719
3 beds 3 baths 2,560 sq ft Single Family
Details for 550 Eldo Lane SW
MLS# 6752719
Description for 550 Eldo Lane SW, Alexandria, MN, 56308
Home & Investment Opportunity!Discover the perfect blend of comfort, versatility, and investment potential with this beautiful 10-acre property—just 1 mile from Latoka Beach and 4 miles from downtown Alexandria. Whether you choose to enjoy the acreage as a private retreat or subdivide it into lots to offset your home cost, this property offers exceptional value.Step inside to find a thoughtfully designed home featuring three cozy bedrooms, three bathrooms, a dedicated home office, and convenient main-level laundry. Multiple living spaces—three inviting family and gathering areas—provide the ideal setting for both quiet relaxation and lively entertaining.Recent updates add peace of mind, including new LP SmartSide siding, a durable steel roof, and spacious decks—all completed within the last five years. Enjoy the warmth of a main-level fireplace, a new propane furnace, or the optional wood furnace for efficient, comfortable heating. The home is also equipped with an ozone water filtration system for clean, high-quality water throughout.For horse enthusiasts, the property includes a fully equipped three-stall paddock opening onto 2.5 acres of fenced pasture—perfect for grazing and riding. An additional 5-acre grass hay field supports hobby farming or self-sufficiency goals.Experience the best of both worlds: the peace of country living with easy access to town conveniences. Picture morning walks through your acreage, afternoons spent riding, and evenings relaxing on the deck overlooking your land. If you would rather have a main-level garage this property has the space to add on this additional convenience.Don’t miss this rare opportunity to own a turnkey hobby farm and investment property in a highly desirable location near Alexandria.
Listing Information
Property Type: Residential, Single Family
Status: Active
Bedrooms: 3
Bathrooms: 3
Lot Size: 10 Acres
Square Feet: 2,560 sq ft
Year Built: 1983
Foundation: 1,684 sq ft
Garage: Yes
Stories: 1 Story
County: Douglas
Days On Market: 151
Construction Status: Previously Owned
School Information
District: 206 - Alexandria
Room Information
Main Floor
Bathroom:
Bathroom:
Bathroom: 7.6x7.10
Bedroom 1: 12x19
Bedroom 2: 13.7x12.8
Bedroom 3: 12x12.8
Dining Room: 13.6x16
Kitchen:
Laundry:
Laundry:
Living Room: 13.6x20
Living Room:
Lower Floor
Family Room: 14x32
Office: 19x12
Utility Room: 12x32
Bathrooms
Full Baths: 1
1/2 Baths: 2
Additonal Room Information
Dining: Separate/Formal Dining Room
Laundry: Main Level
Bath Description: 1/2 Primary,Main Floor 1/2 Bath,Main Floor Full Bath
Interior Features
Square Footage above: 1,684 sq ft
Square Footage below: 876 sq ft
Basement: Sump Pump, Walkout, Finished (Livable)
Fireplaces: 1, Wood Burning
Utilities
Water: Well
Sewer: Septic System Compliant - Yes, Private
Cooling: Central
Heating: Fireplace, Forced Air, Propane, Wood, Wood Stove
Exterior / Lot Features
Attached Garage: Attached Garage
Garage Spaces: 2
Parking Description: Attached Garage, Garage Dimensions - 24x26, Garage Sq Ft - 624.0
Exterior: Engineered Wood
Zoning: Other,Residential-Single Family
Fencing: Electric
Out Buildings: Tack Room, Other
Driving Directions
Alexandria: Head west on 3rd Ave W (County Highway 82). Turn left onto Latoka Drive SW. Turn right onto Latoka Beach Road SW. Turn left onto Eldo Lane SW.Continue to 550 Eldo Lane SW, which will be on your left.
Financial Considerations
Tax/Property ID: 271290250
Tax Amount: 2922
Tax Year: 2025
HomeStead Description: Homesteaded
A broker reciprocity listing courtesy: Alex Brokers Realty, LLC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively 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. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 550 Eldo Lane SW
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 550 Eldo Lane SW
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The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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