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  • $1,950,000

    208 E Lake St, Waconia, MN 55387

    4beds
    4,055sqft
    Single Family
    Built in 2009
    0.35 Acres Lot
    $1,950,400 Zestimate®
    $481/sqft
    $3,894 Estimated rent

    Home value

    $1,950,400

    $1.85M - $2.05M

    $3,894/mo

    Zestimate® history
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    $9,853/mo

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    What's special

    Exceptional Lake Waconia waterfront home offering expansive lake views, generous entertaining spaces, and a highly functional layout designed for year-round lake living. The home features comfortable one-level living with a main-floor primary suite, executive office, main-floor laundry, and open-concept gathering spaces oriented toward the lake. Walls of windows bring in natural light and water views, while the great room with extensive trim carpentry and built-ins connects seamlessly to the expansive lakeside deck. The spacious primary suite includes a walk-in closet and spa-style bath with soaking tub, separate shower, and dual vanities. The gourmet kitchen features a large center island, granite countertops, high-end appliances, a walk-in pantry, and an informal dining area. The walkout lower level is designed for entertaining with large recreation spaces, a full second kitchen with wet bar, game area, and direct access to the lakeside patio and shoreline. Outside, extensive landscaping and multiple outdoor living spaces are designed to maximize the Lake Waconia lifestyle. Enjoy easily accessible dockage for boating, fishing, and recreation, along with a lakeside cabana ideal as a hangout space, bunk room, or entertaining retreat. The property also offers convenient access to nearby restaurants, marinas, parks, and trails, all just steps from downtown Waconia. Additional highlights include geothermal heating, in-floor heat in the lower level, and extensive garage space featuring a rare 30x24 garage setup on two levels for vehicles, boats, lake toys, and storage.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dan Hollerman 952-292-1200,

    Compass

    Bought with:

    Steve Weinzierl

    RE/MAX Advantage Plus

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7046735MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 252 Square Feet
    • Dimensions: 18X14
    Bedroom 2
    • Level: Lower
    • Area: 168 Square Feet
    • Dimensions: 14X12
    Bedroom 3
    • Level: Lower
    • Area: 154 Square Feet
    • Dimensions: 14X11
    Bedroom 4
    • Level: Lower
    • Area: 110 Square Feet
    • Dimensions: 11X10
    Deck
    • Level: Main
    • Area: 333 Square Feet
    • Dimensions: 37X9
    Dining room
    • Level: Main
    • Area: 187 Square Feet
    • Dimensions: 17X11
    Family room
    • Level: Lower
    • Area: 304 Square Feet
    • Dimensions: 19X16
    Game room
    • Level: Lower
    • Area: 187 Square Feet
    • Dimensions: 17X11
    Garage
    • Level: Lower
    • Area: 720 Square Feet
    • Dimensions: 30X24
    Kitchen
    • Level: Main
    • Area: 165 Square Feet
    • Dimensions: 15X11
    Kitchen
    • Level: Lower
    • Area: 144 Square Feet
    • Dimensions: 16X9
    Laundry
    • Level: Main
    • Area: 54 Square Feet
    • Dimensions: 9X6
    Living room
    • Level: Main
    • Area: 323 Square Feet
    • Dimensions: 19X17
    Office
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13X10
    Storage
    • Level: Lower
    • Area: 32 Square Feet
    • Dimensions: 8X4
    Utility room
    • Level: Lower
    • Area: 117 Square Feet
    • Dimensions: 13X9
    Heating
    • Geothermal, In-Floor Heating
    Cooling
    • Central Air
    Appliances
    • Included: Chandelier, Dishwasher, Dryer, Exhaust Fan, Microwave, Other, Range, Refrigerator, Stainless Steel Appliance(s), Washer
    • Laundry: Laundry Room, Main Level
    Features
    • Basement: Daylight,Egress Window(s),Finished,Full,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Gas
    Interior area
    • Total structure area: 4,198
    • Total interior livable area: 4,055 sqft
    • Finished area above ground: 2,116
    • Finished area below ground: 1,939

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Heated Garage, Insulated Garage, Multiple Garages
    • Attached garage spaces: 3
    • Details: Garage Dimensions (30X24)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Composite Decking, Deck, Front Porch, Patio
    • Pool features: None
    • Fencing: None
    • Has view: Yes
    • View description: Bay, North, Panoramic
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Dock, Lake Front
    • Frontage length: Water Frontage: 55
    Lot
    • Size: 0.35 Acres
    • Dimensions: 55 x 200
    • Features: Accessible Shoreline
    Details
    • Foundation area: 2082
    • Parcel number: 750504440
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Frame
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 2009

    Utilities & green energy

    • Electric: Circuit Breakers, Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: City Lts Of Waconia
    HOA
    • Has HOA: No
    Location
    • Region: Waconia

    Financial & listing details

    • Price per square foot: $481/sqft
    • Tax assessed value: $1,450,800
    • Annual tax amount: $21,110
    • Date on market: 5/8/2026
    • Cumulative days on market: 66 days

    Price history

    DateEventPrice
    8/12/2026Sold$1,950,000-2.3%$481/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7046735 Report a problem
    7/16/2026Pending sale$1,995,000$492/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7046735 Report a problem
    7/3/2026Price change$1,995,000-9.3%$492/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7046735 Report a problem
    5/11/2026Listed for sale$2,200,000+31.3%$543/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7046735 Report a problem
    7/15/2021Sold$1,675,000$413/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5757039 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,488 +4.3%$1,450,800 +6.1%
    2024$18,682 +21.3%$1,367,100 +0.6%
    2023$15,404 +32.1%$1,358,700 +16.8%
    2022$11,660 -1%$1,163,600 +49.4%
    2021$11,778 +11.7%$778,800 +0.5%
    2020$10,542 +4.5%$775,200 +7.4%
    2019$10,088 $721,700 +6.2%
    2017$10,088 -6.3%$679,400 -6.5%
    2016$10,770 $726,900 +12.9%
    2015$10,770 +13.4%$643,700 +5.5%
    2014$9,496 +4%$610,100
    2013$9,130 +10.3%$610,100 +6.5%
    2012$8,274 +80.7%$572,700
    2011$4,580 -15.2%$572,700
    2010$5,404 +2%--
    2009$5,300 +9.6%$419,100 +1.8%
    2008$4,836 $411,800 -0.8%
    2007-- $415,261 +0.8%
    2005-- $412,014 +18.1%
    2004-- $348,962
    2002-- --
    2001$2,737 +1.5%--
    2000$2,697 --
    Find assessor info on the county website

    Neighborhood: 55387

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,950,400
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    Estimated market value
    $1,950,400