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  • Price cut: $99K (8/24)
    $500,000

    519 N Lakeshore Dr, Lake City, MN 55041

    5beds
    3,112sqft
    : 
    $3,150/mo
    Get pre-qualified
    Single Family
    Built in 2017
    8,755 Square Feet Lot
    $-- Zestimate®
    $161/sqft
    $-- HOA

    What's special

    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.
    62 days
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    967
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    39
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    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#: 7098642MLS Logo

      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

        DateEventPrice
        8/24/2026Price change$500,000-16.5%$161/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7098642 Report a problem
        8/18/2026Price change$599,000-7.7%$192/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7098642 Report a problem
        8/3/2026Price change$649,000-7.2%$209/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7098642 Report a problem
        7/20/2026Price change$699,000-4.1%$225/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7098642 Report a problem
        7/7/2026Listed for sale$729,000+110.1%$234/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7098642 Report a problem
        6/25/2020Sold$347,000-0.8%$112/sqft
        Source: NorthstarMLS as distributed by MLS GRID #5470151 Report a problem
        6/25/2020Listed for sale$349,900$112/sqft
        Source: Keller Williams Realty Integrity Realty WI/MN #5470151 Report a problem
        5/22/2020Pending sale$349,900$112/sqft
        Source: Keller Williams Rlty Integrity* #5470151 Report a problem
        3/17/2020Price change$349,900-2.8%$112/sqft
        Source: Keller Williams Rlty Integrity* #1539351 Report a problem
        2/10/2020Price change$359,900+5.9%$116/sqft
        Source: Keller Williams Rlty Integrity* #5470151 Report a problem
        12/26/2019Price change$339,900-2.9%$109/sqft
        Source: Owner Report a problem
        11/20/2019Price change$350,000-2.8%$112/sqft
        Source: Owner Report a problem
        10/14/2019Price change$359,900-4%$116/sqft
        Source: Featherstone Real Estate, LLC #5233762 Report a problem
        5/20/2019Listed for sale$375,000+715.2%$121/sqft
        Source: Featherstone Real Estate, LLC #5233762 Report a problem
        1/14/2019Listing removed$1,600$1/sqft
        Source: Owner Report a problem
        1/11/2019Listed for rent$1,600$1/sqft
        Source: Owner Report a problem
        9/23/2015Sold$46,000+31.4%$15/sqft
        Source: NorthstarMLS as distributed by MLS GRID #5076344 Report a problem
        8/27/2015Listed for sale$34,999$11/sqft
        Source: Nielson Construction & RE Services, LLC #4065301 Report a problem
        8/25/2015Pending sale$34,999$11/sqft
        Source: Nielson Construction & RE Services, LLC #4065301 Report a problem
        8/14/2015Listed for sale$34,999$11/sqft
        Source: Nielson Construction & RE Services, LLC #4065301 Report a problem

        Public tax history

        YearProperty taxesTax 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

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        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 55041

        Getting around

        52 / 100
        Somewhat Walkable

        Nearby schools

        GreatSchools rating

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