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  • $510,000

    338 William Lake Shore Dr, Waconia, MN 55387

    5beds
    3,136sqft
    Residential
    Built in 1994
    0.41 Acres Lot
    $513,800 Zestimate®
    $163/sqft
    $3,044 Estimated rent

    Home value

    $513,800

    $478,000 - $555,000

    $3,044/mo

    Zestimate® history
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    What's special

    Screened porchBreakfast bar seatingInviting front porchLight-filled main levelOpen layoutTop-of-the-line appliancesLarge deck
    Classic, meticulously maintained two-story in the heart of Waconia offering space, flexibility, and an ideal location. An inviting front porch welcomes you into a light-filled main level with an open layout and large living room windows. The spacious kitchen features abundant cabinet and counter space, top-of-the-line appliances, breakfast bar seating, and a built-in command center perfect for everyday organization. The informal dining area flows seamlessly to a screened porch and large deck, plus an additional lower lever paver patio, ideal for relaxing or entertaining. A flexible main-level room serves perfectly as a bedroom or office, with a nearby full bath. Upstairs you’ll find three bedrooms and a full bath. The finished walk-out lower level offers even more living space, including a fifth bedroom, bath, and laundry room with chute. New carpet and paint add a fresh feel, while the south-facing backyard provides great natural light. Oversized heated and insulated 3-car garage with built-ins and backyard access. Highly desirable neighborhood close to Brook Peterson Park, the library, County Fairgrounds and downtown Waconia!

    Zillow last checked:

    Listing updated:

    Listed by:

    Bruce and Sue Wolf 612-720-1296,

    Edina Realty, Inc.,

    Andrew J Wolf 952-451-8161

    Bought with:

    Lindsey Hagen

    HomeFront Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7022308MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 196 Square Feet
    • Dimensions: 14x14
    Bedroom 2
    • Level: Upper
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bedroom 3
    • Level: Upper
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bedroom 4
    • Level: Upper
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Bedroom 5
    • Level: Lower
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Deck
    • Level: Main
    • Area: 280 Square Feet
    • Dimensions: 20x14
    Dining room
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Family room
    • Level: Main
    • Area: 252 Square Feet
    • Dimensions: 18x14
    Family room
    • Level: Lower
    • Area: 476 Square Feet
    • Dimensions: 34x14
    Kitchen
    • Level: Main
    • Area: 192 Square Feet
    • Dimensions: 16x12
    Laundry
    • Level: Lower
    • Area: 119 Square Feet
    • Dimensions: 7x17
    Patio
    • Level: Lower
    • Area: 520 Square Feet
    • Dimensions: 40x13
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Double Oven, Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
    Features
    • Basement: Block,Drain Tiled,Full,Storage Space,Sump Basket,Sump Pump,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 3,136
    • Total interior livable area: 3,136 sqft
    • Finished area above ground: 2,016
    • Finished area below ground: 1,120

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Concrete, Heated Garage, Insulated Garage
    • Attached garage spaces: 3
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Front Porch, Screened
    Lot
    • Size: 0.41 Acres
    • Features: Tree Coverage - Medium
    Details
    • Foundation area: 1120
    • Parcel number: 753470220
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Residential
    Materials
    • Frame
    • Roof: Age Over 8 Years,Asphalt,Pitched
    Condition
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Pheasant Ridge 3rd Add
    HOA
    • Has HOA: No
    Location
    • Region: Waconia

    Financial & listing details

    • Price per square foot: $163/sqft
    • Tax assessed value: $474,100
    • Annual tax amount: $5,812
    • Date on market: 2/17/2026
    • Cumulative days on market: 4 days

    Price history

    DateEventPrice
    3/20/2026Sold$510,000+3%$163/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7022308 Report a problem
    2/22/2026Pending sale$495,000$158/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7022308 Report a problem
    2/17/2026Listed for sale$495,000$158/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7022308 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,812 +2.8%$474,100 +2.2%
    2024$5,656 +1.6%$464,100
    2023$5,568 +9.8%$464,100 -0.9%
    2022$5,070 +5.4%$468,500 +28%
    2021$4,810 +9%$365,900 +6.5%
    2020$4,412 +19%$343,600 +4.9%
    2019$3,708 +1103.9%$327,400 +19.1%
    2017$308 -84.4%$274,900 -2.8%
    2016$1,971 $282,800 +6.4%
    2015$1,971 +17.7%$265,900 +20.2%
    2014$1,674 -47.8%$221,300 -6.7%
    2013$3,204 -0.6%$237,200 +7.2%
    2012$3,224 -2.9%$221,200 -8.7%
    2011$3,320 +8.7%$242,400
    2010$3,054 -0.1%--
    2009$3,056 -8.7%$276,500 -5.8%
    2008$3,346 $293,500 +0.7%
    2007-- $291,472 +2.9%
    2005-- $283,286 +1.9%
    2004-- $277,981
    2002-- --
    2001$3,757 -3%--
    2000$3,873 --
    Find assessor info on the county website

    Neighborhood: 55387

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $513,800
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    Estimated market value
    $513,800