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  • $2,650,000

    5488 Fairlawn Shores Trl SE, Prior Lake, MN 55372

    4beds
    4,496sqft
    : 
    $17,037/mo
    Get pre-qualified
    Single Family
    Built in 2006
    0.56 Acres Lot
    $-- Zestimate®
    $589/sqft
    $-- HOA

    What's special

    Large center islandPergola-covered patioWarm architectural detailsCovered porchesStone pathsGenerous lotEstablished gardens
    Some lake homes are defined by the house. At 5488 Fairlawn Shores Trail, the entire property sets it apart. Set on .56 acres along Lower Prior Lake, the home is surrounded by mature trees, established gardens, stone paths, covered porches, and outdoor spaces that lead naturally toward the shoreline. The setting offers privacy, usable land, and a depth of character that is increasingly difficult to find on the lake. That character dates back to 1872, when the original cottage was built by a Civil War veteran. Although the cottage is no longer standing, parts of its history remain throughout the property. Stones from the original rock foundation were preserved and used to build the backyard fire pit. Redwood wall paneling from the cottage was incorporated into the current home. Photographs of the original cottage are displayed inside, along with the veteran’s preserved military pouch. Near the driveway, a streetlamp salvaged from London after World War II adds another unexpected piece of history. The current traditional farmhouse-style home was designed to respect what came before. Inside, the main level includes a welcoming living room with a wood-burning fireplace, custom built-ins, and warm architectural details. The adjoining sunroom frames panoramic views of Lower Prior Lake, while the kitchen offers custom cabinetry, granite countertops, a large center island, and an open connection to the dining and living areas. Covered front and lakeside porches provide comfortable spaces for morning coffee, summer dinners, and evening views across the water. Upstairs, the private primary suite captures elevated lake views and includes a spacious walk-in closet and a bath with dual vanities and a tiled walk-in shower. Additional bedrooms, well-designed bathrooms, and upper-level laundry create a practical layout for family and guests. The walkout lower level includes a large family room and flexible finished spaces for an office, gym, hobbies, or overnight visitors, with direct access to the backyard and shoreline. Outside, established gardens, a pergola-covered patio, the historic stone fire pit, and multiple gathering areas make the grounds feel like an extension of the home. Set between the home and the water’s edge, the Lakeside Retreat features French doors, stained glass, a loft, and a private deck overlooking the lake. The generous lot also offers long-term flexibility to expand the home while preserving the property’s privacy and character. This lake property is not limited by its current footprint. It is a rare opportunity to create a custom estate with multiple possibilities for future expansion. 5488 Fairlawn Shores Trail is more than a lake house. It is a home, a shoreline, and a piece of Lower Prior Lake history brought together in one remarkable property.
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    913
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    41
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    Zillow last checked:

    Listing updated:

    Listed by:

    Chris P Rooney 952-234-1232,

    RE/MAX Preferred

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7071358MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 1
      • 3/4 bathrooms: 2
      • 1/2 bathrooms: 1
      Bedroom
      • Level: Upper
      • Area: 208 Square Feet
      • Dimensions: 16x13
      Bedroom 2
      • Level: Upper
      • Area: 121 Square Feet
      • Dimensions: 11x11
      Bedroom 3
      • Level: Upper
      • Area: 165 Square Feet
      • Dimensions: 15x11
      Bedroom 4
      • Level: Lower
      • Area: 168 Square Feet
      • Dimensions: 14x12
      Primary bathroom
      • Level: Upper
      • Area: 100 Square Feet
      • Dimensions: 10x10
      Other
      • Level: Lower
      • Area: 595 Square Feet
      • Dimensions: 35x17
      Deck
      • Level: Main
      • Area: 140 Square Feet
      • Dimensions: 14x10
      Dining room
      • Level: Main
      • Area: 196 Square Feet
      • Dimensions: 14x14
      Exercise room
      • Level: Lower
      • Area: 156 Square Feet
      • Dimensions: 13x12
      Foyer
      • Level: Main
      • Area: 72 Square Feet
      • Dimensions: 12x6
      Kitchen
      • Level: Main
      • Area: 208 Square Feet
      • Dimensions: 13x16
      Living room
      • Level: Main
      • Area: 300 Square Feet
      • Dimensions: 20x15
      Office
      • Level: Main
      • Area: 80 Square Feet
      • Dimensions: 10x8
      Other
      • Level: Main
      • Area: 40 Square Feet
      • Dimensions: 8x5
      Porch
      • Level: Main
      • Area: 182 Square Feet
      • Dimensions: 14x13
      Storage
      • Level: Lower
      • Area: 260 Square Feet
      • Dimensions: 26x10
      Sun room
      • Level: Main
      • Area: 156 Square Feet
      • Dimensions: 13x12
      Walk in closet
      • Level: Upper
      • Area: 90 Square Feet
      • Dimensions: 10x9
      Workshop
      • Level: Main
      • Area: 238 Square Feet
      • Dimensions: 17x14
      Heating
      • Forced Air, Fireplace(s), In-Floor Heating
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Stainless Steel Appliance(s), Washer
      • Laundry: Laundry Closet, Upper Level
      Features
      • Basement: Finished,Walk-Out Access
      • Number of fireplaces: 1
      • Fireplace features: Living Room, Wood Burning Stove
      Interior area
      • Total structure area: 4,496
      • Total interior livable area: 4,496 sqft
      • Finished area above ground: 2,835
      • Finished area below ground: 1,661

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Asphalt
      • Attached garage spaces: 2
      • Details: Garage Dimensions (29x25)
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Front Porch, Porch, Screened
      • Pool features: None
      • Has view: Yes
      • View description: Panoramic
      • Waterfront features: Lake Front
      • Frontage length: Water Frontage: 117
      Lot
      • Size: 0.56 Acres
      • Dimensions: 111 x 242 x 117(L) x 205
      Details
      • Additional structures: Bunk House
      • Foundation area: 1921
      • Parcel number: 250310061
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Roof: Age Over 8 Years,Asphalt
      Condition
      • New construction: No
      • Year built: 2006

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: City Sewer - In Street
      • Water: City Water - In Street

      Community & HOA

      Community
      • Subdivision: Fair Lawn Shores
      HOA
      • Has HOA: No
      Location
      • Region: Prior Lake

      Financial & listing details

      • Price per square foot: $589/sqft
      • Tax assessed value: $1,777,100
      • Annual tax amount: $20,676
      • Date on market: 7/30/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/30/2026Listed for sale$2,650,000+625.1%$589/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7071358 Report a problem
        3/24/2021Sold$365,454$81/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$19,074 -0.7%$1,777,100 +5.2%
        2024$19,210 +11.1%$1,689,800 +2%
        2023$17,284 -1.5%$1,657,000 +7.3%
        2022$17,550 +8.2%$1,543,800 +14.9%
        2021$16,220 +2%$1,344,100 +16.4%
        2020$15,908 $1,155,200
        2019$15,908 +3.6%$1,155,200
        2018$15,352 +21.1%--
        2016$12,680 --
        2014$12,680 --
        2013-- $883,200
        2012-- $883,200 +2.6%
        2011$12,560 +1.4%$860,700 -5.5%
        2010$12,392 +2.2%$910,700 -1.4%
        2009$12,128 +17.6%$923,400
        2008$10,312 +32.4%--
        2007$7,790 +8%--
        2006$7,212 +42.7%--
        2005$5,054 +7.5%--
        2004$4,702 +4.6%--
        2003$4,494 +20.3%--
        2002$3,736 -26.6%--
        2001$5,090 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 55372

        Getting around

        1 / 100
        Car-Dependent
        21 / 100
        Somewhat Bikeable

        Nearby schools

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