Active

Price cut: $1.6M (6/22)

$2,995,000

5432 Lake Ave, Shoreview, MN 55126

4beds

5,642sqft

$19,610/mo

Get pre-qualified

Single Family

Built in 2026

0.43 Acres Lot

$2,895,600 Zestimate^®

$531/sqft

$-- HOA

What's special

Rare opportunity to build your custom dream home with HANSON BUILDERS on this exceptional TURTLE LAKE homesite, featuring 100' of pristine lakeshore and breathtaking panoramic water views. Nestled on a picturesque setting, this premier lake lot offers the perfect backdrop for enjoying spectacular sunsets and the peaceful beauty of lakeside living. Design a home tailored to your lifestyle and personalize every detail to create a one of a kind retreat. Hanson Builders provides an exceptional custom home experience with a streamlined, client-focused building process, including the convenient online Buildertrend platform to keep homeowners informed and engaged throughout every stage of construction. This is a rare opportunity to build on one of the area's most coveted lakefront settings. Conveniently located with quick access to 35W and 694, shops and restaurants. Don't miss your chance to create the lake home you've always dreamed of on beautiful Turtle Lake.

69 days
1,249
29

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4
Full bathrooms: 1
3/4 bathrooms: 2
1/2 bathrooms: 1

Bedroom

Level: Main
Area: 238 Square Feet
Dimensions: 17x14

Bedroom 2

Level: Upper
Area: 238 Square Feet
Dimensions: 17x14

Bedroom 3

Level: Upper
Area: 196 Square Feet
Dimensions: 14x14

Bedroom 4

Level: Upper
Area: 238 Square Feet
Dimensions: 17x14

Dining room

Level: Main
Area: 172.5 Square Feet
Dimensions: 15x11.5

Family room

Level: Upper
Area: 594 Square Feet
Dimensions: 27x22

Kitchen

Level: Main
Area: 308 Square Feet
Dimensions: 22x14

Living room

Level: Main
Area: 340 Square Feet
Dimensions: 20x17

Study

Level: Main
Area: 132 Square Feet
Dimensions: 12x11

Sun room

Level: Main
Area: 285 Square Feet
Dimensions: 19x15

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Sink, Upper Level, Washer Hookup

Features

Basement: None
Number of fireplaces: 2
Fireplace features: Gas, Living Room, Stone

Interior area

Total structure area: 5,642
Total interior livable area: 5,642 sqft
Finished area above ground: 5,642
Finished area below ground: 0

Property

Parking

Total spaces: 3
Parking features: Attached, Asphalt, Floor Drain, Garage, Garage Door Opener, Heated Garage, Insulated Garage
Attached garage spaces: 3
Has uncovered spaces: Yes
Details: Garage Dimensions (34x22), Garage Door Height (8), Garage Door Width (16)

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Patio & porch: Patio
Pool features: None
Has view: Yes
View description: Lake, Panoramic
Has water view: Yes
Water view: Lake
Waterfront features: Lake Front, Waterfront Elevation(0-4), Lake Bottom(Excellent Sand)
Frontage length: Water Frontage: 100

Lot

Size: 0.43 Acres
Dimensions: 100 x 187
Features: Accessible Shoreline, Tree Coverage - Medium

Details

Foundation area: 2826
Parcel number: 113023220040
Zoning description: Residential-Single Family

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family

Materials

Roof: Age 8 Years or Less,Asphalt,Pitched

Condition

New construction: No
Year built: 2026

Utilities & green energy

Electric: Circuit Breakers, 200+ Amp Service
Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected, Well

Community & HOA

Community

Subdivision: LARSON'S TURTLE LAKE

HOA

Has HOA: No

Location

Region: Shoreview

Financial & listing details

Price per square foot: $531/sqft
Tax assessed value: $1,093,400
Annual tax amount: $16,894
Date on market: 6/21/2026

Estimated market value

$2,895,600

$2.75M - $3.04M

$5,520/mo

Price history

Date	Event	Price
6/22/2026	Price change	$1,350,000-54.9%$239/sqft
Source: NorthstarMLS as distributed by MLS GRID #7096505 Report a problem
6/21/2026	Listed for sale	$2,995,000+125.9%$531/sqft
Source: NorthstarMLS as distributed by MLS GRID #7092062 Report a problem
12/1/2025	Sold	$1,326,000+6.1%$235/sqft
Source: NorthstarMLS as distributed by MLS GRID #6813776 Report a problem
11/10/2025	Pending sale	$1,249,900$222/sqft
Source: NorthstarMLS as distributed by MLS GRID #6813776 Report a problem
11/7/2025	Listed for sale	$1,249,900+56.2%$222/sqft
Source: NorthstarMLS as distributed by MLS GRID #6813776 Report a problem
12/1/2020	Sold	$800,000$142/sqft
Source: NorthstarMLS as distributed by MLS GRID #5664955 Report a problem
10/19/2020	Pending sale	$800,000$142/sqft
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5664955 Report a problem
9/27/2020	Listed for sale	$800,000+25.6%$142/sqft
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #5664955 Report a problem
7/18/2003	Sold	$637,000+4.3%$113/sqft
Source: Public Record Report a problem
2/28/2003	Sold	$611,000+4.8%$108/sqft
Source: Public Record Report a problem
9/11/2001	Sold	$583,000$103/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$13,586 +2.2%	$1,093,400 +15.6%
2024	$13,294 +10.6%	$945,500
2023	$12,018 +1.1%	$945,500 +8.1%
2022	$11,890 +2.2%	$874,400 +11.8%
2021	$11,634 -3%	$782,200
2020	$11,996 +33.9%	$782,200 +18.7%
2019	$8,958	$659,100
2018	$8,958 -0.5%	$659,100 +10%
2017	$9,006	$599,200
2016	$9,006 +2.2%	--
2015	$8,812 -11.9%	$562,800
2014	$10,004 -0.8%	--
2013	$10,080 -9.6%	--
2012	$11,154 -21.6%	--
2011	$14,230	--
2010	--	--
2009	$14,488 +23.2%	--
2008	$11,756 +9.9%	--
2007	$10,694 +24.2%	--
2006	$8,612 +16.9%	--
2005	$7,368 +11.6%	--
2004	$6,600 +19.3%	--
2003	$5,534 +4.2%	--
2002	$5,310 -27.6%	--
2001	$7,332 +8.4%	--
2000	$6,764	--