7198 Loon Point Drive SW, Kensington, MN 56343 (MLS# 7131649)

7198 Loon Point Drive SW, Kensington, MN 56343

$299,000
Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 896 Lot Size (sq. ft.): 42,253 Status: Pending
Current Price: $299,000 List Date: 8/26/2026 Last Modified: 10/07/2026

Overview

Description

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 ge ...

Listing Details MLS# 7131649

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Road Btwn WF & Home?
No
Waterfront Frontage
182
Waterfront YN
Yes
Year Built
2021
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Three Quarters
Yes
Main Floor Total SqFt
896
Above Grd Total SqFt
896
Total SqFt
896
Total Finished Sqft
896.00
FireplaceYN
No
Lake/Waterfront Name
Oscar
Style
(SF) Single Family
Foundation Size
896
Lot Dimensions
155x282x182x219
Acres
0.97
Assessment Pending
No

Property Features

Accessible: No Stairs Internal Air Conditioning: Window Unit(s) Basement: None Bath Description: Main Floor 3/4 Bath Construction Materials: Block Construction Status: Previously Owned Dining Room Description: Living/Dining Room Electric: 200+ Amp Service Elevation Highpoint to Waterfront Slope: Gradual Exterior: Engineered Wood Fencing: None Foundation: Concrete Block Fuel: Propane Heating: Forced Air Internet Options: Fiber Optic Lake Details: Sand Laundry: Main Level Lock Box Type: Combo Lot Description: Accessible Shoreline; Tree Coverage - Medium Parking Characteristics: Gravel Lot Pool Description: None Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: Holding Tank Stories: One Water: Drilled Waterfront Type: Lake Front Waterfront View: West

Contract Information

Off Market Date
2026-10-07
Contingency
None
Original List Price
325000
ListPrice
299000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
7198
Street Name
Loon Point
Street Suffix
Drive
Street Direction Suffix
SW
Postal City
Kensington
County
Douglas
State
MN
Zip Code
56343
Complex/Dev/Subdivision
Loon Point

Assessments

Tax With Assessments
1868

Basement

Foundation Dimensions
28x32

More Information

Building Information

Finished SqFt Above Ground
896

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
4-10

Lake Details

Lake Acres
1231
Lake Depth
25

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
39
Section#
9
Township#
127

Room Information

Room Name Dimensions Level
Other 28 x 32 Main
IDX
Listing Office: Coldwell Banker Crown Realtors
Last Updated: October - 07 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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