Welcome to the Fraser by Robert Thomas Homes, a move-in ready rambler in the desirable Ritter Meadows community of Lakeville. Offering the ease of main-level living along with a finished walkout lower level, this home provides the perfect balance of comfort, space, and low-maintenance living.
Imagine starting your day with coffee on the deck, enjoying peaceful views from the walkout lower level, and ending the evening gathered with family and friends in the spacious living areas. With three bedrooms and three bathrooms, there's plenty of room for guests, hobbies, and everyday life.
Beyond the home itself, Ritter Meadows offers a lifestyle centered around convenience and recreation. Enjoy quick access to shopping, dining, entertainment, and major freeways, while nearby Lake Marion and Antlers Park provide opportunities for outdoor adventures and year-round enjoyment. The homeowners association takes care of lawn care, snow removal, garbage, and recycling, allowing you to spend more time doing what you love and less time on home maintenance.
If you're looking for a beautifully finished home that's ready now, the Fraser at Ritter Meadows offers an exceptional opportunity to enjoy easy living in one of Lakeville's most desirable communities.
Active with contingency
Price cut: $34.9K (6/9)
$499,900
20263 Keystone Ave, Lakeville, MN 55044
3beds
2,120sqft
Single Family
Built in 2025
4,356 Square Feet Lot
$-- Zestimate®
$236/sqft
$198/mo HOA
What's special
Beautifully finished homeMain-level livingFinished walkout lower levelMove-in ready rambler
- 216 days |
- 378 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Kelli A Keith 952-208-2073,
Robert Thomas Homes, Inc.,
Kyle C Krecklow 651-238-5550
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6826602
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Bedroom
- Level: Main
Bedroom 2
- Level: Main
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Dishwasher, Disposal, Exhaust Fan, Microwave, Range, Stainless Steel Appliance(s), Water Softener Owned
- Laundry: Laundry Closet, Main Level
Features
- Basement: Drain Tiled,Finished,Concrete,Sump Basket,Sump Pump,Walk-Out Access
- Number of fireplaces: 1
Interior area
- Total structure area: 2,120
- Total interior livable area: 2,120 sqft
- Finished area above ground: 1,216
- Finished area below ground: 904
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
Lot
- Size: 4,356 Square Feet
- Dimensions: 46 x 95
- Features: Sod Included in Price
Details
- Foundation area: 1216
- Parcel number: 226415105010
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: Yes
- Year built: 2025
Details
- Builder name: ROBERT THOMAS HOMES INC
Utilities & green energy
- Electric: 200+ Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Ritter Meadows
HOA
- Has HOA: Yes
- Services included: Lawn Care, Professional Mgmt, Sanitation, Snow Removal
- HOA fee: $198 monthly
- HOA name: First Service Residential
- HOA phone: 952-277-2700
Location
- Region: Lakeville
Financial & listing details
- Price per square foot: $236/sqft
- Tax assessed value: $13,000
- Annual tax amount: $98
- Date on market: 12/12/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Price change | $499,900-6.5%$236/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6826602 Report a problem | ||
| 4/10/2026 | Price change | $534,750-0.7%$252/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6826602 Report a problem | ||
| 3/6/2026 | Price change | $538,285+0.7%$254/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6826602 Report a problem | ||
| 1/8/2026 | Price change | $534,285+0.2%$252/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6826602 Report a problem | ||
| 12/12/2025 | Listed for sale | $533,285$252/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6826602 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $98 | $13,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 55044
Nearby schools
GreatSchools rating
- 7/10Lake Marion Elementary SchoolGrades: K-5Distance: 2.2 mi
- 7/10Kenwood Trail Middle SchoolGrades: 6-8Distance: 1.7 mi
- 10/10Lakeville South High SchoolGrades: 9-12Distance: 1.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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