31795 Lakeway Drive NE
Cambridge, MN, 55008 $ 449,900
Bedrooms3 Baths2.0 Sq 1,696 Monthly Estimate*
$ 3,107
for $449,900 with 3 bedrooms and 2 full baths. This 1,696 square foot home was built in 1997 on a lot size of 1.3.
Lake living with channel access to Fannie Lake! Meticulously maintained three-level split set on a beautifully landscaped 1.3 acre lot with inviting outdoor spaces, thoughtful updates, and convenient lake access. Enjoy the outdoors from the welcoming covered front porch, natural flagstone patio, covered grilling area, above-ground pool with deck and locking gate, and spacious yard. Lake Fannie access is via a walkway to an open-water channel, offering quick and convenient access to the main lake. The property also offers direct access to the snowmobile trail system. An oversized two-car garage with side-enclosed carport, built-in shelving, attic storage, heavy insulated garage doors, and a dedicated camper/RV parking pad provide excellent parking and storage flexibility. Inside, hardwood floors on the main level lead into the inviting living room, featuring a resurfaced gas fireplace with built-in shelving on both sides. The kitchen offers stainless steel appliances, eat-in dining space, new countertops and matching backsplash, an extra-deep sink, reverse osmosis system, microwave, and walkout access to the yard and patio. Upstairs are three bedrooms, including a primary bedroom with convenient walkthrough access to a remodeled bathroom featuring a new vanity and extra-deep soaking tub. The finished lower level adds flexible living space with a spacious family room, remodeled 3/4 bathroom with new vanity and walk-in shower, office nook, laundry with both gas and electric available for the dryer, and walkout access to the natural flagstone patio. The home has been continuously updated and thoughtfully maintained, with improvements including new exterior doors and heavy insulated garage doors (2020), Karastan carpet upstairs and downstairs, roof and gutters with guards (2022), well cleaning, sterilization and new pump (2023), and a new front entry door (2026). Additional features include natural gas, an owned water softener (2025), updated water heater, organized closets throughout, and abundant garage storage. The private backyard with a living wall of evergreens on both sides providing year-round privacy, mature landscaping, lake access via the channel, outdoor amenities, and multiple gathering spaces create an appealing setting for enjoying all four seasons. A well-cared-for property offering a combination of lake access, spacious grounds, extensive updates, and versatile living and storage areas.
See more
FeaturesGeneralLiving Area 1696
Sewer Private Sewer
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less Asphalt Pitched
Appliances Dishwasher Dryer Gas Water Heater Water Filtration System Microwave Range Refrigerator Stainless Steel Appliances Washer Water Softener Owned
HOA Fee 0
Garage Spaces 2
Pool Features Above Ground Outdoor
Construction Materials Block Frame
Year Built 1997
Electric Circuit Breakers
View See Remarks
Levels Three Level Split
Property Subtype Single Family
Tax Year 2026
Waterfront Features Channel Shore
Accessibility None
County Isanti
New Construction N
Property Type Residential
HOA N
Contingency None
Subdivision Name Lakeway 2nd Addition
Full Baths 1
Directions From Cambridge~Hwy 65 South to Hwy 43 {313 Av} East to Xylite St North to Lakeway East to home
City Cambridge
High School District Cambridge-Isanti
Zoning Description Residential-Single Family
Lot Size Units Acres
Carport Spaces 1
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2852
Additional Parcels Y/N N
Virtual Tour https://my.matterport.com/show/?m=NgJ8Q24dhGf&brand=0&mls=1&
Standard Status Pending
Lender Owned No
Amenities Unit Ceiling Fan(s) Deck Hardwood Floors Kitchen Center Island Kitchen Window Natural Woodwork Patio Porch Security System Tile Floors Vaulted Ceiling(s) Washer/Dryer Hookup
See more
InteriorBasement Block Drain Tiled Finished Sump Basket Sump Pump Walkout
Total Fireplaces 1
Fireplace Features Gas Living Room
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 1126
Half Baths 0
1/4 Baths 0
3/4 Baths 1
Laundry Features In Basement Electric Dryer Hookup Gas Dryer Hookup Laundry Room Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 570
Total Baths 2
Bath Desc 3/4 Basement Upper Level Full Bath Primary Walk-Thru
Dining Room Description Kitchen/Dining Room
Fuel Natural Gas
Garage Dimensions 25x23
Garage Square Feet 575
See more
ExteriorParking Features Attached Garage Carport Gravel
Lot Features Tree Coverage - Medium
Water Source Well
Lot Size Area 1.3
Building Area Total 2252
Lot Dimensions 70x65x487x159x539
Waterfront Y/N N
Foundation Area 1146
Road Frontage Type County Road Paved Streets
See more
* Excluded FeaturesList Bycarstensen.chuck@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,107
- Monthly Property Taxes
- $238
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbySingle family listings in Cambridge, MN
Average List Price $384,757
Percent of Sale Price 14%
About Cambridge, MN 8,886 Population
46% Since 2002
$ 50,188 Median Income
37.02 Median Age
31% Households with Children
Trends Information provided by ATTOM Data Solutions.
708273 Elementary School
708283 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/4/2026 | $449,900 | | Listed Price |