Beautiful 5-bedroom, 4-bath lake home on Madison Lake featuring a walkout basement and an ideal west-side location near Mankato. Situated on blacktop roads with easy access year-round, this property offers the perfect balance of lake living and convenience. Enjoy a prime location on the lake with stunning views, great water access, and quick access to shopping, dining, and everything Mankato has to offer. Spacious, functional, and designed for comfortable lake living, this home is perfect as a year-round residence or weekend getaway.
Sold-inner office
$870,000
22271 Lakewood Dr, Madison Lake, MN 56063
5beds
3,726sqft
Single Family Residence
Built in 1990
0.5 Acres Lot
$872,900 Zestimate®
$233/sqft
$3,260 Estimated rent
Home value
$872,900
$821,000 - $934,000
$3,260/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Scott Borgmeier,
Bh Realty Group
Bought with:
Scott Borgmeier
Bh Realty Group
Source: RASM,MLS#: 7040398
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 4
- Main level bedrooms: 5
Dining room
- Features: Formal Dining Room, Informal Dining Room
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Water Heater, Water Softener Owned
Features
- Ceiling Fan(s), Eat-In Kitchen, Vaulted Ceiling(s), Bath Description: 3/4 Primary, Full Basement, 3+ Same Floor Bedrooms(L)
- Flooring: Hardwood
- Windows: Skylight(s)
- Basement: Finished,Walk-Out Access,Block,Full
Interior area
- Total structure area: 2,868
- Total interior livable area: 3,726 sqft
- Finished area above ground: 1,932
- Finished area below ground: 936
Property
Parking
- Total spaces: 4
- Parking features: Concrete, Attached, Garage Door Opener
- Attached garage spaces: 4
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Patio
- Exterior features: Dock
- On waterfront: Yes
- Waterfront features: Lake Front
- Body of water: Madison
- Frontage type: Waterfront
Lot
- Size: 0.5 Acres
- Dimensions: 220 x 100
- Features: Paved
Details
- Additional structures: Boat House
- Foundation area: 1794
- Parcel number: Parcel ID R39.10.03.451.002
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame/Wood, Steel Siding
- Roof: Asphalt
Condition
- Year built: 1990
Utilities & green energy
- Sewer: City
- Water: Private
Community & HOA
Location
- Region: Madison Lake
Financial & listing details
- Price per square foot: $233/sqft
- Tax assessed value: $624,600
- Annual tax amount: $6,466
- Date on market: 6/24/2026
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Sold | $870,000+16958.8%$233/sqft |
Source:  RASM #7040398 Report a problem | ||
| 2/1/2017 | Sold | $5,100-99%$1/sqft |
Source: Public Record Report a problem | ||
| 10/27/2016 | Sold | $510,000$137/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,296 +7.9% | $624,600 -4.3% |
| 2024 | $5,834 +4.4% | $652,400 +6.1% |
| 2023 | $5,590 +9.6% | $615,000 +6.1% |
| 2022 | $5,100 +3.7% | $579,900 +19% |
| 2021 | $4,920 +3.5% | $487,500 +9.3% |
| 2020 | $4,752 | $446,200 |
| 2019 | $4,752 +4.6% | $446,200 +6.2% |
| 2018 | $4,544 +6% | $420,200 +2.9% |
| 2017 | $4,288 +10.2% | $408,200 +5.9% |
| 2016 | $3,892 +10093.8% | $385,600 -2.7% |
| 2015 | $38 -99.1% | $396,500 -0.6% |
| 2014 | $4,420 | $398,700 -11.8% |
| 2013 | -- | $452,000 |
| 2012 | -- | $452,000 -1.7% |
| 2011 | -- | $460,000 |
| 2010 | -- | $460,000 |
Find assessor info on the county website
Neighborhood: 56063
Nearby homes
- $624,7003 bd2 ba1.5k sqft22275 Lakewood Dr, Madison Lake, MN 56063Off Market
- $629,2004 bd1 ba2.1k sqft22265 Lakewood Dr, Madison Lake, MN 56063Off Market
- $739,5004 bd2 ba1.3k sqft22261 Lakewood Dr, Madison Lake, MN 56063Off Market
- $647,0003 bd3 ba1.5k sqft22279 Lakewood Dr, Madison Lake, MN 56063Off Market
- $585,7004 bd1 ba1.5k sqft22251 Lakewood Dr, Madison Lake, MN 56063Off Market
- $747,1003 bd3 ba2.6k sqft22285 Lakewood Dr, Madison Lake, MN 56063Off Market
- $589,3002 bd1 ba1.5k sqft22291 Lakewood Dr, Madison Lake, MN 56063Off Market
- $1,056,8001 bd5 ba2.3k sqft22247 Lakewood Dr, Madison Lake, MN 56063Off Market
Nearby schools
GreatSchools rating
- 9/10Eagle Lake Elementary SchoolGrades: K-5Distance: 3.8 mi
- 6/10Prairie Winds Middle SchoolGrades: 6-8Distance: 7.1 mi
- 6/10Mankato East Senior High SchoolGrades: 9-12Distance: 7.5 mi
Schools provided by the listing agent
- High: Mankato East
- District: Mankato #77
Source: RASM. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$872,900
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- Minnesota
- Blue Earth County
- Madison Lake
- 56063
- 22271 Lakewood Dr
Nearby cities
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