Lori Gustafson

1406 Balsam Lane

Nisswa, MN
$ 299,900 Beds 1 Baths 1 Sq 786
Monthly Estimate* How much can I afford?

Tucked among the trees on 1.1 acres in Lakeshore, this charming cottage offers an inviting way to enjoy life near Gull Lake. Located just off Interlachen Road, the home feels peaceful and private while keeping boating, dining, and year-round recreation close at hand. Gull Lake public access is just down the road, with local favorites including Cowboys and Zorbaz nearby. Inside, original woodwork, vintage details, and a cozy living room fireplace give the home a warmth and character that newer homes simply can’t recreate. Original oak flooring remains beneath the current flooring in the living room and bedroom, offering even more potential to bring its timeless cottage style to life. The home features one bedroom and one bath, along with a lower-level room currently used as an additional bedroom. With the right offer, the seller is willing to finish out the basement and install an egress window in that space. Recent improvements include a roof and HVAC system within the past five years, a new on-demand water heater, and a fireplace converted to electric. Outside, the level, open yard is surrounded by mature trees and includes a fenced garden, greenhouse, patio, and detached one-car garage. Comfortable as a year-round home yet perfectly suited for an affordable cabin retreat, this is a rare opportunity to stay close to the action of the Gull Lake Chain while still having room, privacy, and a quiet place to unwind. It may also offer short-term rental potential, subject to applicable regulations and buyer verification. Professional photography coming soon—stay tuned for a closer look at all the charm this Lakeshore cottage has to offer!

Single Family

  • Price
  • $ 299,900
  • City
  • Nisswa
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • CASS
  • Half Bathrooms
  • 0
  • Area
  • Tingdale Bros Sherwood Forest On Gull Lake
  • Lot Size
  • 1.1 Acres
  • Zip
  • 56468
  • Sqr Footage
  • 786
  • Year Built
  • 1970
  • Taxes
  • $ 816
  • Style
  • Single Family
  • MLS#
  • 7138630
Listed By: LPT Realty, LLC.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 786
Sewer Tank with Drainage Field
Heating Forced Air,Fireplace(s)
Cooling Window Unit(s)
Roof Age 8 Years or Less
Appliances Dishwasher,Electric Water Heater,Water Filtration System,Microwave,Range,Refrigerator
Garage Spaces 1
Year Built 1970
Electric Circuit Breakers
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Cass
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Tingdale Bros Sherwood Forest On Gull Lake
Other Structures Garage(s),Greenhouse,Storage Shed
Directions 371 North to west on Hwy 77. Right on Balsam to property on the right
City Nisswa
High School District Brainerd
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 816
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Hardwood Floors
PostalCity Nisswa

Interior Features

Basement Block,Egress Window(s),Finished
Total Fireplaces 1
Fireplace Features Electric
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 786
3/4 Baths 1
Laundry Features Electric Dryer Hookup,Lower Level
Total Bedrooms 1
Total Baths 1
Bath Desc Main Floor 3/4 Bath
Dining Room Description Eat In Kitchen
Foundation Dimensions 25 x 19
Fuel Natural Gas
Garage Dimensions 20 x 18
Garage Square Feet 360

Exterior Features

Parking Features Detached Garage,Gravel
Water Source Drilled
Lot Size Area 1.1
Building Area Total 1143
Lot Dimensions 150x200x200x100x212
Waterfront Y/N No
Foundation Area 480
Road Frontage Type City Street
Road Responsibility Public Maintained Road

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
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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

9/8/2026 Listed $299,900

Property vs Zip Code Average in 56468

Price
AVG $820K
$300K
Taxes
AVG $3,149
$816
Year Built
AVG 2006
1970
Visits
AVG 250
19
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

1406 Balsam Lane Nisswa, MN is a Single Family Home for sale at $299900 with 786 sqft and a lot size of 1.1 Acres Acre(s). 1406 Balsam Lane Nisswa has 1 bedrooms, 1 baths and was built in 1970. The property's zip code is 56468 which is in Nisswa, 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

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