Lori Gustafson

33497 Cobalt Circle Nw

Cambridge, MN
$ 565,000 Beds 2 Baths 2.5 Sq 1,590
Monthly Estimate* How much can I afford?

Welcome to your dream retreat on the pristine shores of Spectacle Lake. This stunning, fully remodeled lakehome has been rebuilt from the ground up with every detail upgraded, including new windows, spray foam insulation, electrical, flooring, and a gorgeous kitchen and bathrooms finished with elegant Corian countertops. Inside, soaring vaulted ceilings, a cozy fireplace, heated tile entryway, and in-floor heat set the tone for the warmth and quality found throughout. The open-concept layout frames breathtaking lake views through expansive lakeside windows, while beautiful French doors lead to a spacious primary suite with a walk-in closet and private en-suite bath. Original reclaimed hardwood floors add a character and charm that simply can't be replicated. Currently configured as a spacious one-bedroom to suit the current owner's needs, this home can be converted to a two-bedroom prior to closing upon buyer's request — giving you the flexibility to move in with the layout that works best for you. This is a rare opportunity to own an exceptional home on one of the finest spring-fed, crystal-clear lakes in the area.

Single Family

  • Price
  • $ 565,000
  • City
  • Cambridge
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • ISANTI
  • Half Bathrooms
  • 1
  • Area
  • Aud Sub Div 14 Spec Lake Poin
  • Lot Size
  • 0.18 Acres
  • Zip
  • 55008
  • Sqr Footage
  • 1,590
  • Year Built
  • 1955
  • Taxes
  • $ 4462
  • Style
  • Single Family
  • MLS#
  • 7078910
Listed By: Worth Clark Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1590
Sewer Private Sewer
Heating Fireplace(s),In-Floor Heating
Cooling None
Roof Age 8 Years or Less
Appliances Dishwasher,Dryer,Water Filtration System,Range,Refrigerator,Stainless Steel Appliances,Washer,Water Softener Owned,Wine Cooler
Year Built 1955
Electric 200+ Amp Service
View Lake,North,Panoramic
Levels One
Property Subtype Single Family
Tax Year 2025
Waterfront Features Lake Front,Lake View
Accessibility Doors 36 +
County Isanti
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Aud Sub Div 14 Spec Lake Poin
Other Structures Storage Shed
Full Baths 2
Directions From Hwy 47,head west on County Road 37 (331st Ave NW). Turn right (north) on Cobalt Dr NW,then take a right at the Y onto Cobalt Cir NW. The property will be on your right.
City Cambridge
High School District Cambridge-Isanti
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4462
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Cambridge

Interior Features

Basement Finished,In-Floor Heat,Walkout
Total Fireplaces 1
Fireplace Features Free Standing,Gas,Living Room
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1076
Half Baths 1
Laundry Features Main Level
Total Bedrooms 2
Below Grade Finished Area 514
Total Baths 3
Bath Desc 3/4 Basement,Main Floor Full Bath
Fuel Natural Gas
Waterfront Feet 58

Exterior Features

Fencing Chain Link,Full,Privacy
Parking Features Gravel
Water Source Private,Well
Lot Size Area 0.18
Building Area Total 1674
Lot Dimensions 117 x 58 x 129 x 60
Waterfront Y/N Yes
Foundation Area 1076

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
Agent Photo

Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/22/2026 Listed $575,000
7/9/2026 2% - $565,000

Property vs Zip Code Average in 55008

Price
AVG $380K
$570K
Taxes
AVG $2,565
$4,462
Year Built
AVG 2004
1955
Visits
AVG 122
81
Data Provided by Inside Real Estate®

Areas That We Cover

33497 Cobalt Circle Nw Cambridge, MN is a Single Family Home for sale at $565000 with 1590 sqft and a lot size of 0.18 Acres Acre(s). 33497 Cobalt Circle Nw Cambridge has 2 bedrooms, 2 baths and was built in 1955. The property's zip code is 55008 which is in Cambridge, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

By pressing Contact Me, you agree that Weichert® may contact you via phone about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our Privacy Policy