Brainerd Lakes · Minnesota
Lake Margaret homes for sale
2 lakefront homes are for sale on Lake Margaret (Gull Lake Chain), from $799,900 to $1,799,900. In the last 12 months, 5 lakefront homes sold for a median $600,000.
Updated November 10, 2026 from NorthstarMLS. Lake facts from the Minnesota DNR.
- 251acres
- 5.5miles of shoreline
- CassCounty
- 11022200DNR lake number
Minnesota DNR Hydrography. Depth, water clarity and fish: DNR LakeFinder for Lake Margaret.
Recently sold
What lake homes on Lake Margaret sold for
Lakefront sales in the last 3 years, newest first, from NorthstarMLS.
| Month | Homes sold | Median sale price | Highest sale |
|---|---|---|---|
| Jul 2026 | 3 | $535,000 | $1,260,000 |
| Jun 2026 | 1 | $600,000 | $600,000 |
| Apr 2026 | 1 | $1,690,000 | $1,690,000 |
| Sep 2025 | 1 | $610,000 | $610,000 |
| Aug 2025 | 1 | $540,000 | $540,000 |
| Jun 2025 | 2 | $800,000 | $1,000,000 |
| Apr 2025 | 1 | $1,500,000 | $1,500,000 |
| Feb 2025 | 1 | $1,125,000 | $1,125,000 |
| Jan 2025 | 1 | $775,000 | $775,000 |
| Oct 2024 | 1 | $525,000 | $525,000 |
| Jul 2024 | 2 | $537,500 | $575,000 |
| Jun 2024 | 2 | $1,694,500 | $1,899,000 |
| May 2024 | 1 | $1,500,000 | $1,500,000 |
| Apr 2024 | 1 | $665,000 | $665,000 |
$340,000 sold Jul 28, 20268221 Kraemer Lane #202, Lake Shore, MN 56468
MLS #7072353 · Listing courtesy of eXp Realty
$535,000 sold Jul 27, 20268182 County 78 #201, Nisswa, MN 56468MLS #6402484 · Listing courtesy of Your Home Sold Guaranteed Realty Exclusive
$1,260,000 sold Jul 10, 20261519 Allen A Dale Way Way, Nisswa, MN 56468MLS #6764077 · Listing courtesy of LPT Realty, LLC.
$600,000 sold Jun 18, 20268124 Channel View #418, Nisswa, MN 56468MLS #7055125 · Listing courtesy of Coldwell Banker Realty
$1,690,000 sold Apr 7, 20268821 Interlachen Road, Nisswa, MN 56468MLS #7028941 · Listing courtesy of RE/MAX Results - Nisswa
$610,000 sold Sep 12, 20258182 County 78 #102, Lake Shore, MN 56468MLS #6763940 · Listing courtesy of Edina Realty, Inc.
$540,000 sold Aug 15, 20258124 Channel View #207, Lake Shore, MN 56468MLS #6768344 · Listing courtesy of Pro Realty Solutions
$1,000,000 sold Jun 26, 20258607 Nottingham Road, Nisswa, MN 56468MLS #6601749 · Listing courtesy of North Pointe Realty Advantage
$600,000 sold Jun 3, 2025Lot 11 Judys Way, Lake Shore, MN 56468MLS #6702958 · Listing courtesy of RE/MAX Results - Nisswa
$1,500,000 sold Apr 28, 20258245 Kraemer Lane, Lake Shore, MN 56468MLS #6706514 · Listing courtesy of Northland Sotheby's International Realty
$1,125,000 sold Feb 19, 20258077 County 78, Nisswa, MN 56468MLS #6617214 · Listing courtesy of Positive Realty- $775,000 sold Jan 6, 20258639 Nottingham Road, Nisswa, MN 56468MLS #6642887 · Listing courtesy of Kurilla Real Estate LTD
- $525,000 sold Oct 18, 20248221 Kraemer Lane #102, Lake Shore, MN 56468MLS #6573637 · Listing courtesy of Kurilla Real Estate LTD
- $575,000 sold Jul 15, 20248124 Channel View #314, Nisswa, MN 56468MLS #6541102 · Listing courtesy of Northland Sotheby's International Realty
- $500,000 sold Jul 11, 20248124 Channel View #418, Lake Shore, MN 56468MLS #6533297 · Listing courtesy of Positive Realty
- $1,490,000 sold Jun 13, 20241519 Allen A Dale Way, Lake Shore, MN 56468MLS #6533792 · Listing courtesy of Kurilla Real Estate LTD
- $1,899,000 sold Jun 7, 20241611 Portview Road, Lake Shore, MN 56468MLS #6523714 · Listing courtesy of RE/MAX Results - Nisswa
- $1,500,000 sold May 30, 20248398 Judys Way, Lake Shore, MN 56468MLS #6498056 · Listing courtesy of Northland Sotheby's International Realty
- $665,000 sold Apr 1, 20248182 County 78 #402, Lake Shore, MN 56468MLS #6452358 · Listing courtesy of RE/MAX Advantage Plus
This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.
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 Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.
Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 10, 2026 at 8:53 AM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.
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Quick answers
Lake Margaret questions
How many homes are for sale on Lake Margaret?
2 lakefront homes are for sale on Lake Margaret (Gull Lake Chain), from $799,900 to $1,799,900. In the last 12 months, 5 lakefront homes sold for a median $600,000.
How big is Lake Margaret?
251 acres with 5.5 miles of shoreline, according to the Minnesota DNR (lake number 11022200, listed as Margaret), in Cass County.