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I have put together an interactive map showing all Lake Carlos real estate currently for sale in the Alexandria, Minnesota MLS. Click and drag to move the map around and if then click on the yellow signs to see a picture of the lakefront home or lot. There is a link below the photos for the listing details. [Link: view a larger version of this map of real estate with lakeshore on Carlos]
View real estate for sale on Lake Carlos in a larger map
Today from 1-3 I'll be hosting an Open House at 5660 East Lake Carlos Drive so please stop by and check out the view from this home. I will have a few copies of the newest Artful Living for you to take home as well.
Also, there is a new listing on Lake Ida this week of note. It is on Pilgrim Point and it isn't very often that properties on it are for sale. Fabulous lakeshore.
Best wishes to everyone for a fun and safe Memorial Day weekend. The keyword is safe. I just had a reminder of the fragility of life.
Towards the end of a jog this morning, I was heading west on 10th Avenue in Alexandria. There aren't any stops for the east/west traffic but there is stop sign at all the cross streets. I observed an elderly driver driving south around 40 mph and she flew right past the stop sign. A couple in a SUV was driving east on 10th and they were about 1/4 block away from her. Had the timing been different, they would have been seriously injured or worse. It was a sobering observation for me and one more reminder to live each day to the fullest and to always be vigilant. And with that, I am off to the lake and am going to spend a little extra time today sitting in an Adirondack chair staring at the waves.
This morning, I arbitrarily labeled lakes over a thousand acres as "large" for the Alexandria, Minnesota area.
I have listed all lakefront real estate currently for sale on these "large" lakes from the lowest list price, a bare lot with access on Lake Ida, to highest, a six bedroom home on Lake Le Homme Dieu.
Obviously, the Golden Globes Nomination Committee wasn't aware of my newest video for this home on Lake Carlos (5660 E Lake Carlos Dr, Alexandria, MN).
Toni McCarten of McCarten Design in Alexandria, Minnesota has been the reigning champion in design on Alexandria's Chain of Lakes for quite some time. The properties she has touched either have the highest sale prices and/or are some, if not all, of the sweetest destinations on The Chain. She has done it again. Late Monday morning I was at my office editng video of acreage on Latoka and my iPhone buzzed. It was Toni and she asked if I'd like to meet her at her most recent project on Lake Carlos. So, Tuesday afternoon I was fortunate enough to spend an hour and a half with Toni as my guide. She has done it again and this one might be the best yet. The 644 square foot lakeside deck had me at hello.
If I have piqued your interest, send me a message or give me a call as I can supply more details and arrange a private tour (yes, it is for sale).
Early yesterday afternoon, Deb Powell and I were on the east side of Lake Carlos to look at a lake property and we passed by one of her listings (6470 E. Lake Carlos Drive) during the drive. Each time I pass this property, I like it more and more. A distinguishing feature is the lot size (1.08 acres). The picture that I have embedded was taken from E. Lake Carlos Drive and in the distance, you can see the home and the lake. Besides the lot size, it has level lakeshore, attractive
neighboring homes, an expansive lake view and yes, a nice home too (3 bedrooms with an office but the office is currently being used as a fourth bedroom). You can see photos and details at a web-site for this property at OnLakeCarlos.com.
Yesterday, I decided to pick a lake and look at the lake home and lake condos/townhomes that sold in 2008 to see what the seller's annualized return ended up being. Keep in mind that the numbers I found don't take into account money spent on improvements, sweat equity and selling fees. It also may be the case that the sellers overpaid, paid market value or got a screaming deal.
I chose one of my favorite lakes, Lake Carlos, which as of October 23rd, has had 6 closed sales within the Greater Alexandria Area MLS since January 1, 2008.
The average annual return for these Lake Carlos properties was 7.91% and the average total return was 227.6%. On average, the properties were owned for 10.33 years. The median for years owned was 9.34 years, 9% for annualized return and 133.96% for total return.
A Lakehomes.com agent in our Alexandria office, Deb Powell, has a new lakefront listing on the east side of Lake Carlos (list price of $569,000). The lot is 1.08 acres but the size is deceiving to most people when they drive by it.
As you will see in the aerial from the Douglas County web-site, the lake lot is quite deep and has two points of entry. The driveway that runs perpendicular to the lake may be removed but there is an easement for the driveway that runs parallel to the Lake Carlos.
The lakeshore is level and sandy. In 2004, the neighboring home to the right sold for $750,000.
To view an aerial of each of one of these sold lake properties, just click the address and look for my mouse pointer in the image.
Copyright © 2009 craigmische.com. Craig Mische is a licensed real estate broker in the State of Minnesota.
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