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Pending
  • Price cut: $205K (7/3)
    $1,995,000

    208 E Lake St, Waconia, MN 55387

    4beds
    4,055sqft
    : 
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    Single Family
    Built in 2009
    0.35 Acres Lot
    $1,942,900 Zestimate®
    $492/sqft
    $-- HOA

    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.
    71 days
    |
    1,975
    |
    47
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Dan Hollerman 952-292-1200,

    Compass

    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: $492/sqft
      • Tax assessed value: $1,450,800
      • Annual tax amount: $21,110
      • Date on market: 5/8/2026
      • Cumulative days on market: 69 days

        Estimated market value

        $1,942,900

        $1.85M - $2.04M

        $3,633/mo

        Price history

        DateEventPrice
        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

        Monthly payment

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 55387

        Getting around

        52 / 100
        Somewhat Walkable
        28 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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