Exceptional opportunity on Lake Sarah! With 122 feet of gently sloping, south-facing shoreline, this lot offers incredible sun exposure, panoramic lake views, and the perfect setting for your dream home. The current structure—used as a rental for the past 10 years—is in rough condition and likely a remodel or rebuild, making this an ideal canvas for new construction.
Whether you're envisioning a luxurious lakeside retreat or a modern custom build, this rare lot offers unmatched potential on one of the area's most desirable recreational lakes. Bring your builder or contractor and unlock the full value of this prime lakeshore property!
Closed
$655,000
5491 Lake Sarah Heights Dr, Loretto, MN 55357
4beds
2,602sqft
Single Family Residence
Built in 1971
0.5 Acres Lot
$671,600 Zestimate®
$252/sqft
$3,883 Estimated rent
Home value
$671,600
$618,000 - $732,000
$3,883/mo
Zestimate® history
Owner options
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$3,883/mo
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$3,883/mo
Rent Zestimate®
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$4,216/mo
Est. payment
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$4,216/mo
Est. payment
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List your homeWhat's special
South-facing shorelinePanoramic lake viewsIncredible sun exposure
Zillow last checked:
Listing updated:
Listed by:
Jeff W Young 612-618-8363,
Edina Realty, Inc.
Bought with:
Joseph Lomando
JPW Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6742609
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Bedroom
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12x15
Bedroom 2
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11x13
Bedroom 3
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Bedroom 4
- Level: Lower
- Area: 231 Square Feet
- Dimensions: 11x21
Other
- Level: Lower
- Area: 132 Square Feet
- Dimensions: 11x12
Dining room
- Level: Main
- Area: 110 Square Feet
- Dimensions: 10x11
Family room
- Level: Main
- Area: 360 Square Feet
- Dimensions: 15x24
Kitchen
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Living room
- Level: Main
- Area: 322 Square Feet
- Dimensions: 14x23
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Range, Refrigerator
Features
- Basement: Finished
- Number of fireplaces: 2
- Fireplace features: Family Room, Living Room
Interior area
- Total structure area: 2,602
- Total interior livable area: 2,602 sqft
- Finished area above ground: 1,356
- Finished area below ground: 1,246
Property
Parking
- Total spaces: 3
- Parking features: Attached
- Attached garage spaces: 3
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
- Patio & porch: Deck, Patio
- Has view: Yes
- View description: Lake, Panoramic, South
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Waterfront Elevation(4-10)
- Frontage length: Water Frontage: 122
Lot
- Size: 0.5 Acres
- Dimensions: 122L x 195 x 189 x 110
- Features: Tree Coverage - Medium
Details
- Foundation area: 1356
- Parcel number: 0111824230007
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Age Over 8 Years
Condition
- New construction: No
- Year built: 1971
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: Well
Community & HOA
Community
- Subdivision: Beamish Shores 2nd Add
HOA
- Has HOA: No
Location
- Region: Loretto
Financial & listing details
- Price per square foot: $252/sqft
- Tax assessed value: $670,100
- Annual tax amount: $7,916
- Date on market: 7/3/2025
- Cumulative days on market: 31 days
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2025 | Sold | $655,000-9.7%$252/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6742609 Report a problem | ||
| 8/2/2025 | Pending sale | $725,000$279/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6742609 Report a problem | ||
| 7/21/2025 | Price change | $725,000-3.3%$279/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6742609 Report a problem | ||
| 7/3/2025 | Listed for sale | $750,000+59.6%$288/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6742609 Report a problem | ||
| 8/15/2008 | Sold | $470,000-14.5%$181/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #1531582 Report a problem | ||
| 9/17/2003 | Sold | $550,000$211/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,916 +11.7% | $670,100 +3.2% |
| 2024 | $7,089 +1.1% | $649,100 +7.8% |
| 2023 | $7,014 +1.2% | $602,000 +6% |
| 2022 | $6,927 +7.3% | $568,000 +12.3% |
| 2021 | $6,456 +9.3% | $506,000 +8.6% |
| 2020 | $5,909 -8.5% | $466,000 +13.4% |
| 2019 | $6,456 +9.3% | $411,000 +5.7% |
| 2018 | $5,909 +0.3% | $389,000 +9% |
| 2017 | $5,893 +4.9% | $357,000 +7.2% |
| 2016 | $5,619 +3.4% | $333,000 |
| 2015 | $5,437 +23.3% | $333,000 +7.8% |
| 2014 | $4,411 -2.6% | $309,000 -6.6% |
| 2013 | $4,526 -14.5% | $331,000 -18.9% |
| 2012 | $5,294 +3.2% | $408,000 -1% |
| 2011 | $5,132 -6.9% | $412,000 -9.3% |
| 2010 | $5,513 -19.5% | $454,000 -18.9% |
| 2009 | $6,844 +6.2% | $560,000 +14.5% |
| 2006 | $6,445 +10.2% | $488,900 +15% |
| 2005 | $5,848 +13.2% | $425,200 +15% |
| 2004 | $5,165 +7% | $369,800 +12% |
| 2002 | $4,826 -53% | $330,200 |
| 2001 | $10,258 | -- |
Find assessor info on the county website
Neighborhood: 55357
Nearby homes
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Nearby schools
GreatSchools rating
- 9/10Delano Elementary SchoolGrades: PK-3Distance: 5.5 mi
- 10/10Delano Senior High SchoolGrades: 7-12Distance: 5.7 mi
- 9/10Delano Middle SchoolGrades: 4-6Distance: 5.7 mi
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Estimated market value
$671,600
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Estimated market value
$671,600
- Minnesota
- Hennepin County
- Independence
- 55357
- 5491 Lake Sarah Heights Dr
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