$279,900
●
Land -
Active
38812 Outback Drive
Laporte, MN 56461
Studio
0 Bath
$1,405
Est. Monthly
About This Property
Rare opportunity to own nearly 8 acres with an impressive 631 feet
of frontage on beautiful Alice Lake in Hubbard County. This unique
property offers exceptional privacy, mature surroundings, and
plenty of space to create your own Northwoods lake retreat. With no
designated public boat launch on Alice Lake, enjoy a quieter, more
private lake setting while still having your own extensive
shoreline.
Whether you're looking for a private recreational getaway, future building site, or a unique piece of Minnesota lakefront property with substantial acreage and shoreline, this is an opportunity that's hard to duplicate.
Alice Lake is home to Minnesota's historic 2-lb., 13-oz. state-record bluegill, caught in 1948 according to the MN DNR.
Whether you're looking for a private recreational getaway, future building site, or a unique piece of Minnesota lakefront property with substantial acreage and shoreline, this is an opportunity that's hard to duplicate.
Alice Lake is home to Minnesota's historic 2-lb., 13-oz. state-record bluegill, caught in 1948 according to the MN DNR.
Unit Size
-
Days on Market
-
Land Size
7.91 acres
Price per sqft
-
Property Type
Land
Property Taxes
$30
HOA Dues
-
Year Built
-
Listed By
Kari Francois
LPT Realty, LLC
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 2 months ago (RMLS #NST7145738)
Price History
Property Highlights
Exterior Details
Waterfront Features: Lake Front
Lot Size Area: 7.91
Lot Size Units: Acres
Lot Size Acres: 7.91
Lot Size Square Feet: 344559.6
Lot Size Dimensions: 645x600x471x631
Financial Details
Tax Annual Amount: $356
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Hubbard
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Listed by: Kari Francois, LPT Realty, LLC
Last Updated: 2 months ago
Data Source: RMLS, MLS# NST7145738
Last Updated: 2 months ago
Data Source: RMLS, MLS# NST7145738
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Lee Chuan Lin are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers. Lee Chuan Lin is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Lee Chuan Lin, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers' personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Some IDX listings have been excluded from this website. Data last updated: 2026-10-20.
Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
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Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.
By searching, you agree to the EULA Terms Agreement.
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