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  • $410,000

    5574 Inverness Way, Big Lake, MN 55309

    5beds
    2,579sqft
    Single Family
    Built in 2001
    0.26 Acres Lot
    $410,300 Zestimate®
    $159/sqft
    $2,567 Estimated rent

    Home value

    $410,300

    $390,000 - $431,000

    $2,567/mo

    Zestimate® history
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    What's special

    Privacy fenceSport courtFirepit areaLower-level bedroom with kitchenetteSmart organizationStunning two-tier deck system
    First Time to Market in 25 years for this one owner home! Inside and out, you will be wowed by the updates, care, and thoughtful design of this incredible Big Lake home! This spacious 5-bedroom home offers 3 bedrooms up and 2 bedrooms in the lower level (all with new carpet in 2025). Every space has been designed with function in mind, offering smart organization and places where everything has a purpose. The exterior is built for everyday living and entertaining with a 3-car heated and insulated garage (2022), privacy fence, irrigation system (2021), sport court (every kid’s dream!), firepit area, and a stunning two-tier deck system. The main deck measures approximately 45’ x 15’ with an additional 52’ x 6’ deck area creating the perfect outdoor flow. Major updates include (2023) full roof replacement with west-side siding and gutters, and furnace and A/C replacement (2024). Inside, the spacious entry welcomes you with beautiful real 3/4" dark oak hardwood floors. The main floor laundry room features a barn door, built-in storage, and brand-new 2026 washer and dryer. The kitchen is a showstopper with a wraparound bank of windows, pantry, SS appliances (2020), and gorgeous deep black granite countertops (2020). A convenient patio door off the dining provides direct access to the side deck and backyard. The lower level offers a large 30’ x 22’ family room — with feature wall and recessed lighting. A lower-level bedroom with kitchenette adds flexibility for guests, extended stays, or multi-purpose living. Walk to the nearby neighborhood park and enjoy easy access to Big Lake, Lakeside Park, shopping, and dining. This is more than a home — it’s a place to Gather. Play. Live. Schedule your private showing today and experience this home firsthand.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Morehead 763-218-4495,

    Realty ONE Group Choice

    Bought with:

    Tou Thao

    Partners Realty Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7099852MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 196 Square Feet
    • Dimensions: 14x14
    Bedroom 2
    • Level: Upper
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Bedroom 3
    • Level: Upper
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Bedroom 4
    • Level: Lower
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Bedroom 5
    • Level: Lower
    • Area: 220 Square Feet
    • Dimensions: 22x10
    Deck
    • Level: Upper
    • Area: 675 Square Feet
    • Dimensions: 45x15
    Dining room
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Family room
    • Level: Lower
    • Area: 660 Square Feet
    • Dimensions: 30x22
    Kitchen
    • Level: Main
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Laundry
    • Level: Main
    • Area: 100 Square Feet
    • Dimensions: 10x10
    Living room
    • Level: Upper
    • Area: 216 Square Feet
    • Dimensions: 18x12
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Air-To-Air Exchanger, Dishwasher, Dryer, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
    • Laundry: Main Level
    Features
    • Basement: Daylight,Drain Tiled,Egress Window(s),Finished
    • Has fireplace: No
    Interior area
    • Total structure area: 2,699
    • Total interior livable area: 2,579 sqft
    • Finished area above ground: 1,387
    • Finished area below ground: 1,192

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Asphalt, Heated Garage, Insulated Garage
    • Attached garage spaces: 3
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Four or More Level Split
    • Patio & porch: Deck
    • Fencing: Full,Wood
    Lot
    • Size: 0.26 Acres
    • Dimensions: 81 x 145 x 77 x 143
    • Features: Tree Coverage - Medium
    Details
    • Additional structures: Storage Shed
    • Foundation area: 1387
    • Parcel number: 65005040215
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Roof: Age 8 Years or Less,Asphalt
    Condition
    • New construction: No
    • Year built: 2001

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Mcdowall Oaks Second Add
    HOA
    • Has HOA: No
    Location
    • Region: Big Lake

    Financial & listing details

    • Price per square foot: $159/sqft
    • Tax assessed value: $363,600
    • Annual tax amount: $4,656
    • Date on market: 6/26/2026
    • Cumulative days on market: 6 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/21/2026Sold$410,000$159/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7099852 Report a problem
    7/2/2026Pending sale$410,000$159/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7099852 Report a problem
    6/26/2026Listed for sale$410,000+127.9%$159/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7099852 Report a problem
    12/20/2001Sold$179,900$70/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,498 -0.8%$349,774 +1.7%
    2024$4,532 +8%$343,997 -3.5%
    2023$4,198 +6.7%$356,468 +7.9%
    2022$3,936 +4.7%$330,417 +35.3%
    2021$3,760 +3.4%$244,198 +7.3%
    2020$3,638 -3.2%$227,521 -6.3%
    2019$3,760 +3.4%$242,900 +6.7%
    2018$3,638 +6%$227,600 +8.6%
    2017$3,432 +5.3%$209,500 +8.5%
    2016$3,260 +6.1%$193,000 +10.9%
    2015$3,074 $174,100 +3.6%
    2014$3,074 +18.4%$168,000 +14.3%
    2013$2,596 -0.2%$147,000 -1%
    2012$2,601 +3.5%$148,500 -1.4%
    2011$2,513 +2.7%$150,600 -17.7%
    2010$2,448 -11.4%$183,000 -11.1%
    2009$2,764 -4.3%$205,900 -9.3%
    2008$2,888 +5.6%$226,900 +4.2%
    2007$2,734 +2.1%$217,700 +4.4%
    2006$2,679 +3.9%$208,600 +7.1%
    2005$2,577 +1.7%$194,800 +4.6%
    2004$2,535 +2%$186,300 +6.4%
    2003$2,485 +1265.3%$175,100 +1246.9%
    2002$182 +684.5%$13,000 +983.3%
    2001$23 $1,200
    Find assessor info on the county website

    Neighborhood: 55309

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $410,300
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    Estimated market value
    $410,300