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  • $850,000

    4287 Grainwood Cir NE, Prior Lake, MN 55372

    3beds
    2,069sqft
    Single Family Residence
    Built in 1990
    8,712 Square Feet Lot
    $848,100 Zestimate®
    $411/sqft
    $2,784 Estimated rent

    Home value

    $848,100

    $789,000 - $907,000

    $2,784/mo

    Zestimate® history
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    What's special

    Boat liftLarge jacuzzi tubPlenty of charmLake breezesOutdoor spaceOpen family roomNatural light
    Located on a quiet bay (Grainwood) of Lower Prior Lake - minutes from two area beaches, this 3-bedroom, 2-bath retreat offers the rare opportunity to own a slice of lake life with amazing potential. More cabin than castle, it’s a place where simplicity meets serenity—whether you're seeking a cozy weekend getaway, full-time home, or a canvas for your dream remodel. Inside, you'll find plenty of charm. Two bedrooms on the main level with a 3/4 bath and the lower level bedroom is around the corner from a large jacuzzi tub (3/4 bath.) The lower level is meant for gatherings! Large open family room that is open from a full kitchenette with brand new full-sized appliances. The layout invites natural light and lake breezes, while the outdoor space is perfect for morning coffee, evening bonfires, and everything in between. There will be sand at your feet by the dock (with boat lift!) as an added treat for getaways. The owners took special care of the property and have upgraded the water heater, AC and even have a brand new backup generator. Whether you keep this wonderful property as it is, update it for modern living, or build something totally new, this property is ready to reflect your vision. Come see what life could look like on the bay!

    Zillow last checked:

    Listing updated:

    Listed by:

    Teya Young 952-393-6839,

    Real Broker, LLC,

    Twin Cities Home Group 952-324-0015

    Bought with:

    Jeff W Young

    Edina Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6774763MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • 3/4 bathrooms: 2
    Bedroom
    • Level: Main
    • Area: 182 Square Feet
    • Dimensions: 14x13
    Bedroom 2
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Bedroom 3
    • Level: Lower
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Deck
    • Area: 182 Square Feet
    • Dimensions: 14x13
    Family room
    • Level: Lower
    • Area: 351 Square Feet
    • Dimensions: 27x13
    Informal dining room
    • Level: Main
    • Area: 90 Square Feet
    • Dimensions: 9x10
    Kitchen
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Kitchen
    • Level: Lower
    • Area: 90 Square Feet
    • Dimensions: 10x9
    Living room
    • Level: Main
    • Area: 225 Square Feet
    • Dimensions: 15x15
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Other, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
    • Laundry: Lower Level, Sink
    Features
    • Basement: Block,Finished,Sump Basket,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 2,069
    • Total interior livable area: 2,069 sqft
    • Finished area above ground: 1,018
    • Finished area below ground: 1,051

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Asphalt
    • Attached garage spaces: 2
    • Details: Garage Dimensions (21x26)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Composite Decking, Deck
    • Fencing: None
    • Has view: Yes
    • View description: Bay, Lake, West
    • Has water view: Yes
    • Water view: Bay,Lake
    • Waterfront features: Dock, Lake Front, Lake View, Lake Bottom(Sand)
    Lot
    • Size: 8,712 Square Feet
    • Dimensions: 50 x 162 x 178 x 50
    • Features: Accessible Shoreline, Tree Coverage - Medium
    Details
    • Foundation area: 1029
    • Parcel number: 250330120
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Frame
    • Roof: Age Over 8 Years,Asphalt
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Electric: Circuit Breakers, Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Grainwood Park
    HOA
    • Has HOA: No
    Location
    • Region: Prior Lake

    Financial & listing details

    • Price per square foot: $411/sqft
    • Tax assessed value: $985,000
    • Annual tax amount: $9,814
    • Date on market: 9/4/2025
    • Cumulative days on market: 13 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    10/20/2025Sold$850,000-2.9%$411/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6774763 Report a problem
    9/17/2025Pending sale$875,000$423/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6774763 Report a problem
    9/4/2025Listed for sale$875,000$423/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6774763 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,814 -1.2%$985,000 +4.9%
    2024$9,938 +9.7%$939,100 +0.8%
    2023$9,056 -2.6%$931,700 +4.6%
    2022$9,302 +11.8%$890,900 +16.9%
    2021$8,318 +5.3%$762,300 +20.9%
    2020$7,898 $630,500
    2019$7,898 +2.2%$630,500
    2018$7,726 +44.3%--
    2016$5,354 --
    2014$5,354 --
    2013-- $422,100
    2012-- $422,100 -7.5%
    2011$5,876 +0.6%$456,300 -7.9%
    2010$5,840 +2.8%$495,400 -0.7%
    2009$5,682 +11.9%$499,000
    2008$5,078 +9.7%--
    2007$4,628 +7.8%--
    2006$4,294 +2.6%--
    2005$4,184 +7%--
    2004$3,912 +21.5%--
    2003$3,220 +19%--
    2002$2,706 -29.9%--
    2001$3,860 --
    Find assessor info on the county website

    Neighborhood: 55372

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $848,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $848,100