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Off market
  • $786,700

    22317 Lakewood Dr, Madison Lake, MN 56063

    3beds
    2,320sqft
    SingleFamily
    Built in 1991
    1.02 Acres Lot
    $786,700 Zestimate®
    $339/sqft
    $2,697 Estimated rent

    Home value

    $786,700

    $724,000 - $858,000

    $2,697/mo

    Zestimate® history
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    $2,697/mo

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    Rent Zestimate®

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    $4,915/mo

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    $4,915/mo

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    What's special

    Madison Lake home with beautiful lake views from nearly all rooms! You'll enjoy the options for entertainment and privacy that the outdoor space offers with extensive decking on the main level and off the master-bedroom as well as a lower level patio. The 150' of lakeshore (in a desired MadLake bay) is easily accessed from the yard; you'll find mature landscaping/trees/terracing on the 1-acre lot ensuring privacy for the owners. You'll have your own personal retreat spot with inspiring sunrises, small wooded area, fishing from the dock, vineyard, and perennial flower beds. Lakewood Dr is a paved road and gives quick access to Mankato (<15 min to Hilltop shopping). A 3-car garage, storage shed, stand-alone deck at bluffs' edge, and remodeled boathouse/bunk house with large window are also amenities. The main level includes the following: spacious entry, bedroom (currently used as office), open large living/dining/kitchen area focused on the decks/lake, kitchen includes stainless appliances/granite countertop/island/hardwood floors, bath (¾ bath allows 1-level living to be possible with office being used as bdrm space). The upper level includes the following: master suite facing the lake with private deck, private bath, large walk-in closet and private sitting/family area with fireplace (room easily converted to a 5th bedroom), guest bedroom and full guest bathroom with laundry area. Current owners added an adorable mother-in-law apt in the lower-level with great lake views and walk-out space; it has its own private entrance/laundry/garage access. It's perfect for additional income or for extended visitors. Storage areas throughout the home are generous. You'll find 3 fireplaces: in the sitting room/family area off the master bedroom, in the living room, and in the lower level family/living room. Because of the number of oversized patio doors throughout all three levels, the beautiful lake views and sunlight become part of the welcoming interior spaces! Recent improvements: high efficiency/2-zone furnace (2018), water heater (2017), roof (2016), reverse osmosis unit, solar panels (free electric & annual production credit paymt), new ext paint. NOTE:Buyer also has the option to purchase the adjoining wooded outlot.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet, Hardwood, Laminate
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,320 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Attached
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 1.02 Acres
    Details
    • Parcel number: R391003401001

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    Materials
    • Frame
    • Foundation: Masonry
    • Roof: Asphalt
    Condition
    • Year built: 1991

    Utilities & green energy

    • Sewer: City

    Community & HOA

    Location
    • Region: Madison Lake

    Financial & listing details

    • Price per square foot: $339/sqft
    • Tax assessed value: $686,400
    • Annual tax amount: $11,074

    Price history

    DateEventPrice
    8/27/2020Sold$568,500-5.2%$245/sqft
    Source: Public Record Report a problem
    7/2/2020Price change$599,900-6.3%$259/sqft
    Source: JBEAL REAL ESTATE GROUP #7024563 Report a problem
    6/23/2020Listed for sale$639,900+124.5%$276/sqft
    Source: Owner Report a problem
    6/6/2019Listing removed$1,150
    Source: Owner Report a problem
    5/6/2019Listed for rent$1,150+5.5%
    Source: Owner Report a problem
    7/1/2018Listing removed$1,090
    Source: Owner Report a problem
    5/30/2018Listed for rent$1,090
    Source: Owner Report a problem
    5/27/2011Sold$285,000$123/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #1496674 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,074 +4.5%$686,400 -7.8%
    2024$10,596 +24%$744,600 +6.2%
    2023$8,546 +7.2%$700,900 +5.5%
    2022$7,970 +3.9%$664,600 +20.1%
    2021$7,672 -0.2%$553,400 +7.8%
    2020$7,688 $513,500
    2019$7,688 +3.3%$513,500 +7.1%
    2018$7,440 +3.1%$479,500 +2.8%
    2017$7,218 +5.8%$466,300 +6%
    2016$6,822 +10115.6%$439,900 +2.4%
    2015$67 -98.8%$429,400
    2014$5,534 $429,400 -23.8%
    2013-- $563,800
    2012-- $563,800 +0.1%
    2011-- $563,100
    2010-- $563,100
    Find assessor info on the county website

    Neighborhood: 56063

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Mankato #77

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $786,700
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    +$15,734
    With Zillow Showcase(estimated)
    $802,434