For saleReduced $10,000 from $499,000Virtual tour

$489,000

3 beds2,193 sq ft0.59 acres

12754 Knollwood DriveBaxter, MN 56425

Homes, condos and townhomes · MLS 12001334 · Listed 19 days ago (Oct 10, 2026)

Perch · Lake or reservoir · Direct parcel frontage · Waterfront details

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For sale: Listed and available according to the MyStateMLS feed.

About this property

Enjoy Perch Lake Living in the Heart of Baxter! Here's your opportunity to enjoy the best of both worlds, lake living with the convenience of being close to everything Baxter and the Brainerd Lakes Area have to offer. This 3-bedroom, 2-bath home offers comfortable living spaces on both levels. The main level features a welcoming living area, kitchen and dining space, while the finished lower level provides additional room to relax, entertain or gather with family and friends. A gas fireplace adds warmth and character. Step outside and let the Perch Lake setting become the highlight. Enjoy beautiful lake views, time on the water, evenings outdoors and the changing Minnesota seasons from your own backyard. The approximately .59-acre lot offers a wonderful combination of mature surroundings and space to enjoy. Additional features include an attached 2-car garage, city water and sewer, natural gas and a convenient Baxter location near shopping, dining, schools, trails and area recreation. A rare opportunity to combine an in-town location with the lifestyle of living on the lake...come experience Perch Lake!

Description provided by the listing brokerage.

MLS-reported waterfront

Waterfront details

The listing represents the offered parcel itself as adjoining the water. This is what the listing reports, not a survey or a title finding.

Relationship to the water
Direct parcel frontage
Water body
Perch (as reported)Name as reported by the listing (not matched to a mapped water body)
Frontage length
"100" (unit not stated)
Water access arrangement
Not provided. Ask the listing agent.
Docks, slips, lifts, moorings
Not provided. Ask the listing agent.
Dock depth
Not provided. Ask the listing agent.
Shoreline
Not provided. Ask the listing agent.
Seasonal or tidal conditions
Not provided. Ask the listing agent.
Boating limits (bridges, depth, open-water access)
Not provided. Ask the listing agent.
Why this is listed as waterfront
  • WaterfrontYN “Yes”: The listing is marked waterfront.
  • WaterfrontFeatures “Lake Front”: Includes a "… Front" value describing frontage.
  • PropertyTypeDetail “house”: Property form used to read the frontage relationship.

Classified from fields in the MyStateMLS listing data. It has not been independently verified, and it is not a survey, title examination or legal determination of shoreline or access rights. Rules version 2026-10-29.1. How we classify waterfront

Something wrong with this classification? Report a waterfront classification issue. Questions about frontage, docks or access are best answered by Diane Pogatchnik of Your Home Sold Guaranteed Realty Exclusive.

Facts

List price
$489,000
Original list price
$499,000
Status
For sale
Property type
House
Bedrooms
3
Full baths
1
Half baths
1
Interior area
2,193 sq ft
Lot size
0.59 acres
Year built
1972
Stories
1
Garage spaces
2
County
Crow Wing County
MLS number
12001334
Annual property tax (2026)
$5,462

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.

Features

Interior

  • Master Downstairs

Appliances

  • Stainless Steel Appliance(s)
  • Range
  • Microwave
  • Water Heater
  • Dryer
  • Dishwasher

Flooring

  • Laminate
  • Carpet

Basement

  • Finished

Heating

  • Forced Air
  • Natural Gas

Parking

  • Driveway

Construction

  • Vinyl Siding

Roof

  • Asphalt

Water

  • Public (Water Source)

Sewer

  • Other

Virtual tours

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Baxter.

Price and status history

  • Original list price reported by the brokerage: $499,000

Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.

Estimate a monthly payment

$97,800
Illustrative. Replace with a quote from your lender.
From the listing (tax year 2026). Taxes can change after a sale.
Get a quote; rates vary widely by location.
Manufactured homes on a leased lot.
Applied only while the loan is over 80% of the price. Illustrative.

Estimated monthly payment

$3,069 per month

Principal and interest$2,473
Property tax$455
Homeowners insurance$142
Loan amount$391,200
Total interest over the term$498,954

An estimate for comparison only, not a loan offer or approval. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.

Questions to ask before you buy

Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.

  1. Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
  2. Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
  3. What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
  4. How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
  5. What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
  6. What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
  7. How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
  8. How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
  9. What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.

Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)

Guides and next steps

Listing courtesy of Your Home Sold Guaranteed Realty Exclusive. Listing agent: Diane Pogatchnik. Listings provided by MyStateMLS.

Listing last updated by the brokerage Oct 20, 2026, 3:05 PM UTC. Waterfront Homes last received MyStateMLS data Oct 29, 2026, 8:31 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.