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  • $875,000

    8551 Summit Oaks Bay, Savage, MN 55378

    5beds
    3,916sqft
    Single Family
    Built in 1998
    0.76 Acres Lot
    $874,900 Zestimate®
    $223/sqft
    $4,560 Estimated rent

    Home value

    $874,900

    $831,000 - $919,000

    $4,560/mo

    Zestimate® history
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    What's special

    Covered patioWarm gas fireplacesSpacious livingCustom built-in cabinetrySoaking tubWelcoming in-ground swimming poolOpen-concept kitchen
    This stunning lakeshore rambler combines spacious living, scenic beauty, and exceptional amenities in one remarkable property. Nestled on picturesque Cates Lake, this home offers a nature lover’s retreat with opportunities for canoeing, kayaking, and paddleboarding right from your backyard. Boasting nearly 4,000 finished square feet, the home features 5 bedrooms with an office (legal 6th bedroom), and 3.5 bathrooms, including a luxurious primary en suite bath complete with a soaking tub, and separate walk-in shower. Three bedrooms are located on the main level, with two additional bedrooms and office on the lower level, Designed for both everyday comfort and entertaining, the home offers both formal and informal dining spaces, along with an open-concept kitchen featuring a convenient counter breakfast bar. Enjoy expansive living and family rooms, each accented with warm gas fireplaces and custom built-in cabinetry, as well as a lower level wet bar. Take in breathtaking lake and wooded views from the inviting 3-season porch or large deck overlooking the beautifully landscaped lot. The walkout lower level leads to a covered patio and an impressive stamped concrete entertaining area surrounding the welcoming in-ground swimming pool — perfect for enjoying summer days with family and friends. Additionally you will find a spacious 3 car garage, plenty of storage, and it is Ideally located near parks, schools, shopping, and major freeways, this home offers the perfect balance of privacy, recreation, and convenience. Opportunities like this are rare — few homes can match this combination of lakeshore living, space, and value.

    Zillow last checked:

    Listing updated:

    Listed by:

    Troy F. Scott 612-644-7964,

    RES Realty

    Bought with:

    Benjamin Lucius

    Keller Williams Realty Integrity Lakes

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7081943MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 221 Square Feet
    • Dimensions: 17 X 13
    Bedroom 2
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13 x 11
    Bedroom 3
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13 x 11
    Bedroom 4
    • Level: Lower
    • Area: 195 Square Feet
    • Dimensions: 15 X 13
    Bedroom 5
    • Level: Lower
    • Area: 143 Square Feet
    • Dimensions: 13 x 11
    Deck
    • Level: Main
    • Area: 300 Square Feet
    • Dimensions: 20 x 15
    Dining room
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13 x 12
    Family room
    • Level: Lower
    • Area: 756 Square Feet
    • Dimensions: 36 X 21
    Informal dining room
    • Level: Main
    • Area: 196 Square Feet
    • Dimensions: 14 x 14
    Kitchen
    • Level: Main
    • Area: 196 Square Feet
    • Dimensions: 14 x 14
    Living room
    • Level: Main
    • Area: 285 Square Feet
    • Dimensions: 19 x 15
    Office
    • Level: Lower
    • Area: 165 Square Feet
    • Dimensions: 15 X 11
    Patio
    • Level: Lower
    • Area: 168 Square Feet
    • Dimensions: 14 x 12
    Other
    • Level: Main
    • Area: 168 Square Feet
    • Dimensions: 14 x 12
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Double Oven, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned
    • Laundry: Laundry Room, Main Level, Sink
    Features
    • Basement: Finished,Full,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Family Room, Gas, Living Room
    Interior area
    • Total structure area: 4,616
    • Total interior livable area: 3,916 sqft
    • Finished area above ground: 2,316
    • Finished area below ground: 1,600

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached
    • Attached garage spaces: 3
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Deck, Front Porch, Patio, Screened
    • Has private pool: Yes
    • Pool features: In Ground, Heated, Outdoor Pool
    • Fencing: Partial,Split Rail
    • Has view: Yes
    • View description: South, West
    • Waterfront features: Lake Front, Waterfront Elevation(40+)
    • Frontage length: Water Frontage: 100
    Lot
    • Size: 0.76 Acres
    • Dimensions: 95 x 340 x 98 x 362
    • Features: Accessible Shoreline, Tree Coverage - Heavy
    Details
    • Foundation area: 2302
    • Parcel number: 262560540
    • 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: 1998

    Utilities & green energy

    • Electric: Fuses
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: West Summit Oaks
    HOA
    • Has HOA: No
    Location
    • Region: Savage

    Financial & listing details

    • Price per square foot: $223/sqft
    • Tax assessed value: $753,100
    • Annual tax amount: $8,982
    • Date on market: 5/28/2026
    • Cumulative days on market: 20 days

    Price history

    DateEventPrice
    8/13/2026Sold$875,000-2.7%$223/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7081943 Report a problem
    6/17/2026Pending sale$899,000$230/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7081943 Report a problem
    6/4/2026Price change$899,000-2.8%$230/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7081943 Report a problem
    5/28/2026Listed for sale$925,000+159.8%$236/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7081943 Report a problem
    7/13/1998Sold$356,062+314.5%$91/sqft
    Source: Public Record Report a problem
    3/2/1998Sold$85,900$22/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,314 +4%$753,100 +16%
    2024$7,030 +2.4%$649,100 +3.6%
    2023$6,862 +0.8%$626,600
    2022$6,808 +1.7%$626,600 +16.1%
    2021$6,692 +1.5%$539,600 +9.2%
    2020$6,596 $494,200
    2019$6,596 +1.7%$494,200
    2018$6,486 -3.7%--
    2016$6,732 --
    2014$6,732 --
    2013-- $436,600
    2012-- $436,600 -6.3%
    2011$7,136 +5.9%$466,100 -3.1%
    2010$6,738 -7.3%$480,900 -9%
    2009$7,268 -2.9%$528,400
    2008$7,484 -2.7%--
    2007$7,692 +7.6%--
    2006$7,148 +3.5%--
    2005$6,906 -3.2%--
    2004$7,136 +5.7%--
    2003$6,754 +21.8%--
    2002$5,544 -21.5%--
    2001$7,066 --
    Find assessor info on the county website

    Neighborhood: 55378

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $874,900
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    Estimated market value
    $874,900