This phenomenal property in the country awaits at 26180 Panama Ave., approximately nine miles south of Prior Lake. You’re welcomed to the meticulously maintained 9.83 acres in Cedar Lake Township by a picturesque pond with soothing waterfall along the asphalt driveway. The one-owner property includes the 2,600-finished-square-foot home with an oversized two-car attached garage; a 44’ x 54’ pole building with Wirsbo in-floor heat, two 12’ x 14’ overhead doors and a 10' x 10' door; and a 1,564 square-foot workshop (864 square feet are heated) and three-stall garage; (9 garage doors total!). On the main level the kitchen was renovated with cherry cabinets, granite countertops, tile backsplash and stainless-steel appliances. Gorgeous red birch wood flooring provides eye-catching ambiance to the main level. From the kitchen and informal dining room French doors lead to a knotty-cedar tongue and groove sunroom with windows on three sides, and access to the maintenance-free deck through sliding doors. Three bedrooms on the main level, including a primary suite with remodeled ¾ bath. An additional full bath is on the main level. There’s ample room for entertaining in the walkout lower level with a large family room anchored by a stone, gas fireplace. The lower level also includes a fourth bedroom with lookout windows, and additional room for storage. Home has James Hardie siding; Renewal by Andersen windows throughout.
Active
Price cut: $46K (9/30)
$899,000
26180 Panama Ave, Webster, MN 55088
4beds
2,551sqft
Single Family
Built in 1974
9.83 Acres Lot
$-- Zestimate®
$352/sqft
$-- HOA
What's special
- 102 days
- 1,093
- 68
Zillow last checked:
Listing updated:
Listed by:
Carolyn Madson 612-201-6223,
Edina Realty, Inc.,
Jessica (Lamker) Thue 952-380-7091
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7100277
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Bedroom
- Level: Main
- Area: 168 Square Feet
- Dimensions: 12x14
Bedroom 2
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Bedroom 3
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Bedroom 4
- Level: Lower
- Area: 132 Square Feet
- Dimensions: 11x12
Deck
- Level: Main
- Area: 432 Square Feet
- Dimensions: 16x27
Family room
- Level: Lower
- Area: 234 Square Feet
- Dimensions: 18x13
Foyer
- Level: Main
- Area: 70 Square Feet
- Dimensions: 7x10
Informal dining room
- Level: Main
- Area: 165 Square Feet
- Dimensions: 15x11
Kitchen
- Level: Main
- Area: 255 Square Feet
- Dimensions: 15x17
Living room
- Level: Main
- Area: 200 Square Feet
- Dimensions: 10x20
Recreation room
- Level: Lower
- Area: 351 Square Feet
- Dimensions: 27x13
Storage
- Level: Lower
- Area: 322 Square Feet
- Dimensions: 14x23
Sun room
- Level: Main
- Area: 196 Square Feet
- Dimensions: 14x14
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: In Basement, Electric Dryer Hookup, Lower Level
Features
- Basement: Block,Daylight,Drain Tiled,Finished,Full,Storage Space,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas, Stone
Interior area
- Total structure area: 3,013
- Total interior livable area: 2,551 sqft
- Finished area above ground: 1,628
- Finished area below ground: 923
Video & virtual tour
Property
Parking
- Total spaces: 9
- Parking features: Attached, Detached Garage, Asphalt, Floor Drain, Heated Garage, Insulated Garage, Multiple Garages, RV Access/Parking
- Attached garage spaces: 9
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
- Patio & porch: Composite Decking
- Pool features: None
Lot
- Size: 9.83 Acres
- Dimensions: 1296 x 329 x 1297 x 330
- Features: Tree Coverage - Medium
Details
- Additional structures: Garage(s), Pole Building, Workshop
- Foundation area: 1544
- Parcel number: 039270190
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Frame
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Electric: Service - 60 Amp, 100 Amp Service, 200+ Amp Service, Power Company: Minnesota Valley Electric Co-op
- Gas: Natural Gas
- Sewer: Septic System Compliant - Yes, Tank with Drainage Field
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Webster
Financial & listing details
- Price per square foot: $352/sqft
- Tax assessed value: $717,500
- Annual tax amount: $5,463
- Date on market: 7/2/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Price change | $899,000-4.9%$352/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7100277 Report a problem | ||
| 9/10/2026 | Price change | $945,000-5%$370/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7100277 Report a problem | ||
| 8/11/2026 | Price change | $995,000-9.5%$390/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7100277 Report a problem | ||
| 7/5/2026 | Listed for sale | $1,100,000$431/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7100277 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $5,490 +30.5% | $717,500 +4.7% |
| 2025 | $4,206 -5.2% | $685,600 +21.7% |
| 2024 | $4,436 -7.5% | $563,300 -5.3% |
| 2023 | $4,798 +3.2% | $595,100 -0.9% |
| 2022 | $4,650 +11% | $600,700 +20% |
| 2021 | $4,188 -1.5% | $500,600 +16.9% |
| 2020 | $4,252 | $428,200 |
| 2019 | -- | $428,200 |
| 2018 | -- | -- |
| 2016 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 55088
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