Rarely does a property like this come to market. Set on nearly two acres, this private peninsula on Cates Lake offers over 700 feet of shoreline and stunning 270-degree panoramic water views. Enjoy the ultimate Northwoods lifestyle with the convenience of in-town living just minutes from shops, dining, and schools. This thoughtfully designed 3-bedroom home with a dedicated office is ideal for year-round enjoyment. Summer days are spent swimming off the dock, paddleboarding across calm waters, or relaxing in the screened gazebo as the sun sets. Entertain with ease on the expansive deck, while fall brings vibrant color reflections across the lake. In winter, embrace broomball on the ice and direct access to snowmobiling right from your property. Inside, a fully remodeled gourmet kitchen anchors the home—featuring striking Calacatta quartz countertops and backsplash, under-cabinet lighting, a 6-burner gas range with vent hood, and an impressive eight-foot island designed for gathering. The sunroom with gas fireplace provides a warm, inviting space to take in peaceful sunrise views year-round. A rare opportunity to own a legacy property offering privacy, panoramic views, and an unmatched lake lifestyle—all in a convenient location.
Closed
$941,000
15255 Flag Ave S, Prior Lake, MN 55372
3beds
3,161sqft
Single Family
Built in 1986
9.61 Acres Lot
$944,900 Zestimate®
$298/sqft
$4,026 Estimated rent
Home value
$944,900
$898,000 - $992,000
$4,026/mo
Zestimate® history
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$5,846/mo
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jeff W Young 612-618-8363,
Edina Realty, Inc.
Bought with:
Ryan Mooney
Pemberton RE
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7032427
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 300 Square Feet
- Dimensions: 20x15
Bedroom 2
- Level: Lower
- Area: 210 Square Feet
- Dimensions: 15x14
Bedroom 3
- Level: Lower
- Area: 234 Square Feet
- Dimensions: 18x13
Deck
- Level: Main
- Area: 252 Square Feet
- Dimensions: 18x14
Dining room
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11x8
Family room
- Level: Basement
- Area: 255 Square Feet
- Dimensions: 17x15
Other
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Other
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Kitchen
- Level: Main
- Area: 285 Square Feet
- Dimensions: 15x19
Laundry
- Level: Main
- Area: 63 Square Feet
- Dimensions: 9x7
Living room
- Level: Main
- Area: 242 Square Feet
- Dimensions: 11x22
Office
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
- Laundry: Main Level
Features
- Basement: Block
- Number of fireplaces: 2
- Fireplace features: Gas, Wood Burning
Interior area
- Total structure area: 3,161
- Total interior livable area: 3,161 sqft
- Finished area above ground: 1,919
- Finished area below ground: 1,122
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
- Details: Garage Dimensions (22x31)
Accessibility
- Accessibility features: None
Features
- Levels: Four or More Level Split
- Patio & porch: Deck
- Has view: Yes
- View description: East
- Waterfront features: Lake Front, Waterfront Elevation(4-10)
- Frontage length: Water Frontage: 700
Lot
- Size: 9.61 Acres
- Dimensions: 334 x 959 x 1214 x 336
- Features: Accessible Shoreline, Tree Coverage - Heavy
Details
- Additional structures: Gazebo
- Foundation area: 1919
- Parcel number: 260290140
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: No
- Year built: 1986
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Prior Lake
- Subdivision: Cates Country Estates
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/8/2026 | Sold | $941,000+7.5%$298/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7032427 Report a problem | ||
| 4/17/2026 | Pending sale | $875,000$277/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7032427 Report a problem | ||
| 4/13/2026 | Listing removed | $875,000$277/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7032427 Report a problem | ||
| 4/9/2026 | Listed for sale | $875,000+47.1%$277/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7032427 Report a problem | ||
| 9/11/2020 | Sold | $595,000-0.8%$188/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5573575 Report a problem | ||
| 7/23/2020 | Pending sale | $599,900$190/sqft |
Source: Bridge Realty, LLC #5573575 Report a problem | ||
| 5/29/2020 | Listed for sale | $599,900$190/sqft |
Source: Bridge Realty, LLC #5573575 Report a problem | ||
| 7/23/2019 | Listing removed | $599,900$190/sqft |
Source: Bridge Realty, LLC #5265938 Report a problem | ||
| 7/19/2019 | Listed for sale | $599,900+33.3%$190/sqft |
Source: Bridge Realty, LLC #5265938 Report a problem | ||
| 4/8/2016 | Sold | $450,000-4.2%$142/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4641117 Report a problem | ||
| 2/9/2016 | Pending sale | $469,900$149/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4641117 Report a problem | ||
| 1/23/2016 | Price change | $469,900-4.1%$149/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4641117 Report a problem | ||
| 10/21/2015 | Listed for sale | $489,900-10.8%$155/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4641117 Report a problem | ||
| 4/9/2015 | Listing removed | $549,000$174/sqft |
Source: Add-Vantage Realty MN BPO/REO #4568480 Report a problem | ||
| 3/6/2015 | Price change | $549,000-3.5%$174/sqft |
Source: Add-Vantage Realty MN BPO/REO #4568480 Report a problem | ||
| 12/14/2014 | Price change | $569,000-1.7%$180/sqft |
Source: Brownstone Marketing, dba True Life Real Estate Solutions #4527431 Report a problem | ||
| 9/13/2014 | Listed for sale | $579,000$183/sqft |
Source: Brownstone Marketing, dba True Life Real Estate Solutions #4527431 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,688 +4.9% | $719,100 +6.1% |
| 2024 | $7,332 +2.4% | $677,800 +4.3% |
| 2023 | $7,158 -0.2% | $649,900 |
| 2022 | $7,172 +6.5% | $649,900 +15.3% |
| 2021 | $6,732 +5.4% | $563,800 +17.8% |
| 2020 | $6,390 | $478,800 |
| 2019 | $6,390 +4.5% | $478,800 |
| 2018 | $6,116 -5.7% | -- |
| 2016 | $6,484 | -- |
| 2014 | $6,484 | -- |
| 2013 | -- | $376,700 |
| 2012 | -- | $376,700 -11.9% |
| 2011 | $6,544 -1.8% | $427,400 -10.2% |
| 2010 | $6,666 -2.2% | $475,800 -5% |
| 2009 | $6,814 +10.7% | $500,800 |
| 2008 | $6,158 +11.9% | -- |
| 2007 | $5,502 +16.5% | -- |
| 2006 | $4,722 +20.5% | -- |
| 2005 | $3,918 +6.4% | -- |
| 2004 | $3,684 +12.8% | -- |
| 2003 | $3,266 +16.2% | -- |
| 2002 | $2,810 -23.4% | -- |
| 2001 | $3,670 | -- |
Find assessor info on the county website
Neighborhood: 55372
Nearby schools
GreatSchools rating
- 6/10Hamilton Ridge Elementary SchoolGrades: K-5Distance: 0.7 mi
- 8/10Hidden Oaks Middle SchoolGrades: 6-8Distance: 0.7 mi
- 9/10Prior Lake High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$944,900
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Estimated market value
$944,900
- Minnesota
- Scott County
- Prior Lake
- 55372
- 15255 Flag Ave S
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