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  • $540,000

    8508 Waters Edge Dr, Chanhassen, MN 55317

    5beds
    3,364sqft
    Single Family
    Built in 1957
    0.74 Acres Lot
    $540,000 Zestimate®
    $161/sqft
    $3,547 Estimated rent

    Home value

    $540,000

    $513,000 - $567,000

    $3,547/mo

    Zestimate® history
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    What's special

    Welcome home to this absolutely stunning 5-bedroom, 3-bathroom property ideally situated just off Lake Susan, offering beautiful lake views and a peaceful setting. This home has been thoughtfully updated and meticulously maintained, making it truly move-in ready. The main level is designed for both everyday living and entertaining, featuring a fully remodeled kitchen, formal dining room, inviting living room, and a spacious family room—all seamlessly connected to create an open, functional flow. You’ll appreciate the many recent updates, including new flooring, modern light fixtures, a newer furnace, new water heater, new water softener, and a new air exchanger—providing both style and peace of mind. Nestled on a quiet dead-end street, this home offers privacy while still being conveniently located near parks, trails, and outdoor recreation. A rare opportunity to enjoy updated living with lake views in a serene, sought-after location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joseph Lomando 612-849-3693,

    JPW Realty

    Bought with:

    David R Bialke

    Keller Williams Realty Integrity Lakes

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7025421MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Bedroom 2
    • Level: Upper
    • Area: 210 Square Feet
    • Dimensions: 15x14
    Bedroom 3
    • Level: Upper
    • Area: 196 Square Feet
    • Dimensions: 14x14
    Bedroom 4
    • Level: Upper
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bedroom 5
    • Level: Lower
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Dining room
    • Level: Main
    • Area: 169 Square Feet
    • Dimensions: 13x13
    Family room
    • Level: Main
    • Area: 325 Square Feet
    • Dimensions: 25x13
    Family room
    • Level: Lower
    • Area: 285 Square Feet
    • Dimensions: 19x15
    Kitchen
    • Level: Main
    • Area: 180 Square Feet
    • Dimensions: 15x12
    Laundry
    • Level: Lower
    • Area: 182 Square Feet
    • Dimensions: 14x13
    Living room
    • Level: Main
    • Area: 220 Square Feet
    • Dimensions: 20x11
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Gas Water Heater, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
    • Laundry: In Basement
    Features
    • Basement: Block,Daylight,Egress Window(s),Finished,Full
    Interior area
    • Total structure area: 3,364
    • Total interior livable area: 3,364 sqft
    • Finished area above ground: 2,210
    • Finished area below ground: 1,154

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Asphalt, Shared Driveway, Garage Door Opener
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (28x24)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake View
    Lot
    • Size: 0.74 Acres
    • Dimensions: 154 x 307 x 53 x 58 x 214
    • Features: Tree Coverage - Medium
    Details
    • Foundation area: 1254
    • Parcel number: 257870010
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Block
    • Roof: Age Over 8 Years
    Condition
    • New construction: No
    • Year built: 1957

    Utilities & green energy

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

    Community & HOA

    Community
    • Subdivision: Slathar Add
    HOA
    • Has HOA: No
    Location
    • Region: Chanhassen

    Financial & listing details

    • Price per square foot: $161/sqft
    • Tax assessed value: $447,700
    • Annual tax amount: $4,462
    • Date on market: 4/2/2026
    • Cumulative days on market: 10 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    6/22/2026Sold$540,000+8%$161/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7025421 Report a problem
    4/20/2026Pending sale$499,900$149/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7025421 Report a problem
    4/10/2026Listed for sale$499,900+5.2%$149/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7025421 Report a problem
    3/28/2024Sold$475,000-1%$141/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6488405 Report a problem
    2/28/2024Pending sale$479,900$143/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6488405 Report a problem
    2/12/2024Listed for sale$479,900$143/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6488405 Report a problem
    12/15/2023Listing removed--
    Source: Zillow Rentals Report a problem
    12/13/2023Listing removed--
    Source: NorthstarMLS as distributed by MLS GRID #6417749 Report a problem
    11/10/2023Price change$3,999-11.1%$1/sqft
    Source: Zillow Rentals Report a problem
    10/31/2023Listed for rent$4,499$1/sqft
    Source: Zillow Rentals Report a problem
    10/17/2023Price change$479,900-2%$143/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6417749 Report a problem
    9/27/2023Price change$489,900-2%$146/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6417749 Report a problem
    8/16/2023Listed for sale$499,900+85.1%$149/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6417749 Report a problem
    1/12/2023Sold$270,000+114.3%$80/sqft
    Source: Public Record Report a problem
    9/9/1998Sold$126,000$37/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,462 +12.6%$447,700 +2.7%
    2024$3,964 +17.5%$436,000 +12.8%
    2023$3,374 +7.5%$386,500 +15.2%
    2022$3,140 +44.6%$335,500 +20.7%
    2021$2,172 -2.5%$277,900 +35.6%
    2020$2,228 +1.5%$205,000
    2019$2,196 $205,000 +8%
    2017$2,196 -9.6%$189,800 +9.6%
    2016$2,428 $173,100 -0.6%
    2015$2,428 +7.5%$174,200 +16.2%
    2014$2,258 -1.5%$149,900 -12.7%
    2013$2,292 +0.3%$171,700 +2.2%
    2012$2,286 +0.7%$168,000 -2.8%
    2011$2,270 +3%$172,800
    2010$2,204 -0.3%--
    2009$2,210 -2.5%$192,900 -1.2%
    2008$2,266 $195,300 -1.8%
    2007-- $198,837 +4.9%
    2005-- $189,483 +1.4%
    2004-- $186,875
    2002-- --
    2001$2,305 +4.7%--
    2000$2,201 --
    Find assessor info on the county website

    Neighborhood: 55317

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $540,000
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    Estimated market value
    $540,000