Discover the perfect blend of contemporary design and lakeside tranquility in this exceptional 3-bedroom 4-bath home just steps from the beach and marina. With breathtaking views, thoughtfully designed spaces, and luxurious finishes throughout, this property is a true standout.The expansive main level features soaring 10-foot ceilings and 8-foot custom doors, creating a bright and airy atmosphere. The chef’s kitchen is beautifully appointed with granite countertops, new stainless steel appliances (2023), a spacious island, and a wet bar complete with a built-in ice maker and beverage refrigerator. Perfect for entertaining, the lower level features a full bar with double ovens, a dishwasher, a refrigerator, and a custom built-in water feature that adds a sophisticated touch.The primary suite is a private retreat, offering a generous living area and serene lake views. Outdoor living is unparalleled with a two-tiered patio designed to showcase stunning sunrises and sunsets, complemented by a custom gas fireplace and torch lighting for a warm and inviting ambiance. A heated tandem garage adds convenience, while recent updates, including a new roof, furnace, water heater, and appliances (2023), ensure modern efficiency and peace of mind.Located in one of the best spots in town and not in a flood zone, this remarkable home offers a rare opportunity for luxury lakefront living. Schedule your private tour today.
Closed
$1,000,000
402 N Franklin St, Lake City, MN 55041
3beds
3,495sqft
Single Family
Built in 2007
5,793 Square Feet Lot
$1,032,300 Zestimate®
$286/sqft
$3,203 Estimated rent
Home value
$1,032,300
Estimated sales range
Not available
$3,203/mo
Zestimate® history
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Custom gas fireplaceContemporary designBreathtaking viewsTwo-tiered patioLakeside tranquilityPrimary suiteNew stainless steel appliances
Zillow last checked:
Listing updated:
Listed by:
Nancy Denzer 651-380-2656,
Lakeshore Real Estate Krage & Associates, LLC.
Bought with:
Vicki Krage
Lakeshore Real Estate Krage & Associates, LLC.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6657229
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 2
Bedroom
- Level: Upper
- Area: 497.2 Square Feet
- Dimensions: 22.6x22
Bedroom 2
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 3
- Level: Upper
- Area: 176.4 Square Feet
- Dimensions: 14x12.6
Dining room
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Family room
- Level: Lower
- Area: 583.2 Square Feet
- Dimensions: 21.6x27
Kitchen
- Level: Main
- Area: 218.4 Square Feet
- Dimensions: 13x16.8
Kitchen 2nd
- Level: Lower
- Area: 238.5 Square Feet
- Dimensions: 15.9x15
Living room
- Level: Main
- Area: 559.3 Square Feet
- Dimensions: 23.5x23.8
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Rented, Wine Cooler
- Laundry: In Hall, Upper Level, Washer Hookup
Features
- Basement: Daylight,Egress Window(s),Finished,Full
- Number of fireplaces: 2
- Fireplace features: Gas, Primary Bedroom
Interior area
- Total structure area: 3,495
- Total interior livable area: 3,495 sqft
- Finished area above ground: 2,330
- Finished area below ground: 965
Property
Parking
- Total spaces: 1
- Parking features: Attached, Concrete, Heated Garage, Insulated Garage, Tandem Garage
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Has view: Yes
- View description: Panoramic, Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Lake View
Lot
- Size: 5,793 Square Feet
- Features: Irregular Lot
Details
- Foundation area: 1165
- Parcel number: R220017703
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Concrete, Frame, Stone
Condition
- New construction: No
- Year built: 2007
Utilities & green energy
- Electric: Circuit Breakers, 150 Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Lake City
HOA
- Has HOA: No
- Amenities included: In-Ground Sprinkler System
Location
- Region: Lake City
Financial & listing details
- Price per square foot: $286/sqft
- Tax assessed value: $638,500
- Annual tax amount: $8,168
- Date on market: 2/5/2025
- Cumulative days on market: 44 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/4/2025 | Sold | $1,000,000-9.1%$286/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6657229 Report a problem | ||
| 3/20/2025 | Pending sale | $1,100,000$315/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6657229 Report a problem | ||
| 2/5/2025 | Price change | $1,100,000+10%$315/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6657229 Report a problem | ||
| 1/21/2025 | Pending sale | $999,999$286/sqft |
Source: Owner Report a problem | ||
| 12/16/2024 | Listed for sale | $999,999$286/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,206 +0.5% | $638,500 +6.7% |
| 2024 | $8,168 +0.9% | $598,400 +3.6% |
| 2023 | $8,092 +4.3% | $577,500 +14.9% |
| 2022 | $7,758 -2% | $502,600 |
| 2021 | $7,920 -0.8% | $502,600 -0.8% |
| 2020 | $7,984 +0.9% | $506,700 -0.4% |
| 2019 | $7,912 | $508,500 +3.5% |
| 2018 | $7,912 +0.4% | $491,100 -0.3% |
| 2017 | $7,878 -3.7% | $492,800 |
| 2016 | $8,182 | -- |
| 2015 | $8,182 +5.1% | -- |
| 2012 | $7,788 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Neighborhood: 55041
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Nearby schools
GreatSchools rating
- 5/10Bluff View Elementary SchoolGrades: PK-6Distance: 1.2 mi
- 7/10Lincoln SecondaryGrades: 7-12Distance: 0.5 mi
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Estimated market value
$1,032,300
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Estimated market value
$1,032,300
- Minnesota
- Wabasha County
- Lake City
- 55041
- 402 N Franklin St
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