An exceptional 2021-built custom modern luxury estate offering 4,798 sq ft of impeccably designed living space on 2.48 private acres featuring vaulted main-level ceilings, a show-stopping chef's kitchen with a secret hidden walk-in pantry. Upstairs, you will find a lavish primary suite with vaulted ceilings, dual walk-in closets, and spa-inspired bathroom. Two additional bedrooms upstairs each with their own private ensuites. Laundry conveniently located upstairs as well. Lower level features polished concrete heated floors, large recreation room, wet bar rough-in, 4th bedroom and a 3/4 bath + 2 storage spaces. A 4-car heated & insulated garage with floor drains, a sprawling lot primed for a pool, sport court, and/or outbuilding! This property sits atop a hill and has unbelievable sunset views out of every window! Full image gallery coming June 3rd! You won't want to miss this one! Note: If you're doing a drive-by, avoid road closures by coming down Panama from the North! There will NOT be an Open House. Private showings only.
Closed
$1,050,000
18819 Panama Ave, Prior Lake, MN 55372
5beds
4,747sqft
Single Family
Built in 2021
2.5 Acres Lot
$1,057,900 Zestimate®
$221/sqft
$6,708 Estimated rent
Home value
$1,057,900
$1.01M - $1.11M
$6,708/mo
Zestimate® history
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$6,708/mo
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$5,297/mo
Est. payment
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$5,297/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Trent Zimmer 612-758-0760,
Keller Williams Select Realty
Bought with:
Matt Schafer
RE/MAX Advantage Plus
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7080754
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 2
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 320 Square Feet
- Dimensions: 20x16
Bedroom 2
- Level: Upper
- Area: 182 Square Feet
- Dimensions: 14x13
Bedroom 3
- Level: Upper
- Area: 196 Square Feet
- Dimensions: 14x14
Bedroom 4
- Level: Lower
- Area: 210 Square Feet
- Dimensions: 15x14
Bedroom 5
- Level: Main
- Area: 221 Square Feet
- Dimensions: 17x13
Dining room
- Level: Main
- Area: 200 Square Feet
- Dimensions: 20x10
Family room
- Level: Lower
- Area: 400 Square Feet
- Dimensions: 20x20
Great room
- Level: Main
- Area: 260 Square Feet
- Dimensions: 20x13
Kitchen
- Level: Main
- Area: 200 Square Feet
- Dimensions: 20x10
Laundry
- Level: Upper
Recreation room
- Level: Lower
- Area: 320 Square Feet
- Dimensions: 20x16
Storage
- Level: Lower
Storage
- Level: Lower
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Dishwasher, Disposal, Double Oven, Dryer, Electronic Air Filter, Humidifier, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Rented
- Laundry: Gas Dryer Hookup, Laundry Room, Sink, Upper Level, Washer Hookup
Features
- Basement: Daylight,Drain Tiled,Egress Window(s),Finished,Full,Storage Space,Sump Basket,Sump Pump,Tile Shower
- Number of fireplaces: 1
- Fireplace features: Electric, Family Room, Living Room
Interior area
- Total structure area: 4,920
- Total interior livable area: 4,747 sqft
- Finished area above ground: 3,498
- Finished area below ground: 1,249
Property
Parking
- Total spaces: 4
- Parking features: Attached, Asphalt, Electric Vehicle Charging Station(s), Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage
- Attached garage spaces: 4
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Pool features: None
- Fencing: None
Lot
- Size: 2.5 Acres
- Dimensions: 210 x 507 x 214 x 507
Details
- Foundation area: 1422
- Parcel number: 119140190
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Concrete, Frame
- Roof: Age 8 Years or Less,Architectural Shingle,Asphalt
Condition
- New construction: No
- Year built: 2021
Utilities & green energy
- Gas: Natural Gas
- Sewer: Septic System Compliant - Yes
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Prior Lake
Financial & listing details
- Price per square foot: $221/sqft
- Tax assessed value: $971,400
- Annual tax amount: $8,626
- Date on market: 5/26/2026
- Cumulative days on market: 19 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2026 | Sold | $1,050,000-2.3%$221/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7080754 Report a problem | ||
| 6/24/2026 | Pending sale | $1,075,000$226/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7080754 Report a problem | ||
| 6/5/2026 | Listed for sale | $1,075,000+7.5%$226/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7080754 Report a problem | ||
| 3/26/2025 | Sold | $1,000,000-6.5%$211/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6675566 Report a problem | ||
| 3/3/2025 | Pending sale | $1,070,000$225/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6675566 Report a problem | ||
| 3/1/2025 | Listing removed | $1,070,000$225/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6675566 Report a problem | ||
| 2/25/2025 | Listed for sale | $1,070,000-7%$225/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6675566 Report a problem | ||
| 8/24/2024 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6571300 Report a problem | ||
| 7/19/2024 | Listed for sale | $1,150,000$242/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6571300 Report a problem | ||
| 8/24/2023 | Listing removed | -- |
Source: NorthstarMLS as distributed by MLS GRID #6374389 Report a problem | ||
| 5/30/2023 | Listed for sale | $1,150,000$242/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6374389 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,120 +3% | $971,400 +2.1% |
| 2024 | $7,884 +10% | $951,000 +7.1% |
| 2023 | $7,168 | $888,300 +6.4% |
| 2022 | -- | $835,200 +518.7% |
| 2021 | $1,566 -5.1% | $135,000 |
| 2020 | $1,650 | $135,000 |
| 2019 | $1,650 -4.1% | $135,000 |
| 2018 | $1,720 +38.7% | -- |
| 2016 | $1,240 | -- |
| 2014 | $1,240 | -- |
| 2013 | -- | $170,100 |
| 2012 | -- | $170,100 |
| 2011 | $2,362 +1.5% | $170,100 -10.9% |
| 2010 | $2,328 +42.8% | $190,900 +37.3% |
| 2009 | $1,630 +86.1% | $139,000 |
| 2008 | $876 +21.3% | -- |
| 2007 | $722 +21.1% | -- |
| 2006 | $596 +33% | -- |
| 2005 | $448 +31.8% | -- |
| 2004 | $340 +45.3% | -- |
| 2003 | $234 +36% | -- |
| 2002 | $172 +10.3% | -- |
| 2001 | $156 | -- |
Find assessor info on the county website
Neighborhood: 55372
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Nearby schools
GreatSchools rating
- 7/10Five Hawks Elementary SchoolGrades: K-5Distance: 2.2 mi
- 8/10Hidden Oaks Middle SchoolGrades: 6-8Distance: 3.5 mi
- 9/10Prior Lake High SchoolGrades: 9-12Distance: 4.6 mi
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Estimated market value
$1,057,900
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Estimated market value
$1,057,900
- Minnesota
- Scott County
- Prior Lake
- 55372
- 18819 Panama Ave
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