A Rare Investment and Flexible Living Opportunity! This is more than a home—it's a property that adapts to changing lifestyles. Whether your buyers are searching for an investment property, vacation rental, or flexible residence with future income potential, this exceptional property deserves a closer look.
Less than ten years old, and just 35 miles from Rochester and 45 minutes to South Saint Paul, this exceptional home is the only newer property located just a few blocks from downtown Lake City, offering the convenience of walking to local restaurants, parks, the marina, scenic trails, waterfront attractions, and charming shops—a lifestyle that is truly unmatched.
519 N. Lakeshore Drive was intentionally created with adaptable living in mind. The home's unique layout allows owners to enjoy shared spaces while maintaining independence. With a private lower-level entrance, two rear exterior doors, and an interior staircase that locks from both levels, the home can function as one spacious residence or provide two distinct living areas whenever life calls for a little extra separation.
Inside, expansive windows frame breathtaking views of Lake Pepin and Maiden Rock Bluff, filling the home with natural light and offering front-row seats to soaring bald eagles, passing sailboats, cruise ships, barges, and the changing beauty of every season. Three of the home's five generously sized bedrooms enjoy spectacular lake views, creating peaceful retreats.
The open-concept main level was designed for gathering. The spacious kitchen features a large center island, custom backsplash, espresso soft-close Thomasville cabinetry, and beautiful Austin Antico Silver granite countertops throughout with warm white, silver, black, and copper tones. Whether hosting dinners, celebrating life's milestones, or enjoying everyday life, this space naturally becomes the heart of the home.
Additional flexibility includes a generous mudroom and laundry area, plus a main-floor 'flex' room that can easily serve as a fifth bedroom, nursery, or private space for those who prefer main-level living.
Outdoor living is just as inviting, with two spacious decks, a screened front porch, a private lower-level patio, mature perennial and pollinator gardens, and multiple places to relax while taking in panoramic lake views. The oversized 3½-car garage and expansive off-street parking provide room for multiple vehicles, recreational equipment, an RV, or a fishing boat—another uncommon feature in this highly desirable neighborhood.
Beyond its beauty, this home was custom built with long-term comfort and efficiency in mind. Modern construction, with a poured concrete foundation and James Hardie siding, a $26,000 solar energy system, and numerous recent updates help keep maintenance low and utility costs remarkably affordable while providing peace of mind for years to come.
For those who want to live close without sacrificing personal space, few homes offer this level of flexibility. 519 N. Lakeshore Drive offers a rare combination of thoughtful design, modern comfort, low maintenance, stunning lake views, and an exceptional location—making it one of Lake City's most unique homes.
Active
Price cut: $99K (8/24)
$500,000
519 N Lakeshore Dr, Lake City, MN 55041
5beds
3,112sqft
Single Family
Built in 2017
8,755 Square Feet Lot
$-- Zestimate®
$161/sqft
$-- HOA
What's special
- 64 days
- 1,004
- 43
Zillow last checked:
Listing updated:
Listed by:
Lisa J Zmuda 810-357-8404,
Lakes Sotheby's International Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7098642
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Bedroom
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 2
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13x12
Bedroom 3
- Level: Upper
- Area: 130 Square Feet
- Dimensions: 13x10
Bedroom 4
- Level: Upper
- Area: 180 Square Feet
- Dimensions: 15x12
Bedroom 5
- Level: Basement
- Area: 180 Square Feet
- Dimensions: 15x12
Bathroom
- Level: Main
- Area: 80 Square Feet
- Dimensions: 10x08
Bathroom
- Level: Basement
- Area: 81 Square Feet
- Dimensions: 09x09
Other
- Level: Upper
- Area: 70 Square Feet
- Dimensions: 10x07
Family room
- Level: Basement
- Area: 160 Square Feet
- Dimensions: 20x08
Great room
- Level: Main
- Area: 160 Square Feet
- Dimensions: 16x10
Kitchen
- Level: Main
- Area: 176 Square Feet
- Dimensions: 16x11
Mud room
- Level: Main
- Area: 36 Square Feet
- Dimensions: 06x06
Utility room
- Level: Basement
- Area: 162 Square Feet
- Dimensions: 18x09
Walk in closet
- Level: Basement
- Area: 65 Square Feet
- Dimensions: 13x05
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air, Zoned
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Electronic Air Filter, ENERGY STAR Qualified Appliances, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: Laundry Closet, Main Level
Features
- Basement: Finished,Full,Other,Storage Space
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 3,112
- Total interior livable area: 3,112 sqft
- Finished area above ground: 2,112
- Finished area below ground: 1,000
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Detached Garage, Concrete, Electric, Garage Door Opener, Gravel, Other
- Garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Dimensions (26x37)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Enclosed, Front Porch, Screened
- Pool features: None
- Fencing: Partial,Wood
- Has view: Yes
- View description: Panoramic, Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake View
Lot
- Size: 8,755 Square Feet
- Dimensions: 75 x 117
- Features: Near Public Transit
- Topography: Solar Oriented
Details
- Additional structures: Garage(s)
- Foundation area: 1144
- Parcel number: R220112600
- Zoning description: Shoreline,Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Frame
- Roof: Age Over 8 Years,Architectural Shingle,Metal
Condition
- New construction: No
- Year built: 2017
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Gas: Natural Gas
- Sewer: City Sewer - In Street
- Water: City Water - In Street
- Utilities for property: Underground Utilities
Community & HOA
Community
- Subdivision: Lake City
HOA
- Has HOA: No
Location
- Region: Lake City
Financial & listing details
- Price per square foot: $161/sqft
- Tax assessed value: $457,400
- Annual tax amount: $5,892
- Date on market: 6/26/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Price change | $500,000-16.5%$161/sqft |
Source: | ||
| 8/18/2026 | Price change | $599,000-7.7%$192/sqft |
Source: | ||
| 8/3/2026 | Price change | $649,000-7.2%$209/sqft |
Source: | ||
| 7/20/2026 | Price change | $699,000-4.1%$225/sqft |
Source: | ||
| 7/7/2026 | Listed for sale | $729,000+110.1%$234/sqft |
Source: | ||
| 6/25/2020 | Sold | $347,000-0.8%$112/sqft |
Source: | ||
| 6/25/2020 | Listed for sale | $349,900$112/sqft |
Source: Keller Williams Realty Integrity Realty WI/MN #5470151 Report a problem | ||
| 5/22/2020 | Pending sale | $349,900$112/sqft |
Source: Keller Williams Rlty Integrity* #5470151 Report a problem | ||
| 3/17/2020 | Price change | $349,900-2.8%$112/sqft |
Source: Keller Williams Rlty Integrity* #1539351 Report a problem | ||
| 2/10/2020 | Price change | $359,900+5.9%$116/sqft |
Source: Keller Williams Rlty Integrity* #5470151 Report a problem | ||
| 12/26/2019 | Price change | $339,900-2.9%$109/sqft |
Source: Owner Report a problem | ||
| 11/20/2019 | Price change | $350,000-2.8%$112/sqft |
Source: Owner Report a problem | ||
| 10/14/2019 | Price change | $359,900-4%$116/sqft |
Source: Featherstone Real Estate, LLC #5233762 Report a problem | ||
| 5/20/2019 | Listed for sale | $375,000+715.2%$121/sqft |
Source: Featherstone Real Estate, LLC #5233762 Report a problem | ||
| 1/14/2019 | Listing removed | $1,600$1/sqft |
Source: Owner Report a problem | ||
| 1/11/2019 | Listed for rent | $1,600$1/sqft |
Source: Owner Report a problem | ||
| 9/23/2015 | Sold | $46,000+31.4%$15/sqft |
Source: | ||
| 8/27/2015 | Listed for sale | $34,999$11/sqft |
Source: Nielson Construction & RE Services, LLC #4065301 Report a problem | ||
| 8/25/2015 | Pending sale | $34,999$11/sqft |
Source: Nielson Construction & RE Services, LLC #4065301 Report a problem | ||
| 8/14/2015 | Listed for sale | $34,999$11/sqft |
Source: Nielson Construction & RE Services, LLC #4065301 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,518 +0.6% | $457,400 +7.9% |
| 2024 | $5,486 -2.3% | $423,800 +2.8% |
| 2023 | $5,614 +8.7% | $412,200 +21% |
| 2022 | $5,164 +11.5% | $340,600 |
| 2021 | $4,632 +2.3% | $340,600 +11.5% |
| 2020 | $4,526 +7.3% | $305,600 +5.6% |
| 2019 | $4,220 | $289,300 +10.4% |
| 2018 | $4,220 +842% | $262,000 -0.5% |
| 2017 | $448 -58.2% | $263,200 |
| 2016 | $1,072 | -- |
| 2015 | $1,072 -0.4% | -- |
| 2012 | $1,076 | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment







