Prior Lake, MN Lake Property For Sale (50 Real Estate Listings)
Prior Lake, MN Real Estate Statistics
| Average Price | $1.2M |
|---|---|
| Lowest Price | $640 |
| Highest Price | $48.9M |
| Total Listings | 195 |
| Avg. Price/SQFT | $987 |
Property Types (active listings)
As of October 21, 2025 there are 50 active Prior Lake, MN lake property listings for sale with an average listing price of $1,723,752. The highest-priced waterfront listing is $17,900,000, while the lowest priced waterfront listing can be purchased for $260,600. Prior Lake, MN lakeshore listings have an average price of $589 per square foot, based on listings with an average of 3.7 bedrooms, 3.3 bathrooms, and 2,927 square feet of living space.
Prior Lake Waterfront Real Estate - Lake Homes & Lake Lots For Sale
Located just southwest of Minneapolis, Prior Lake, MN is a bustling community known for its picturesque scenery and excellent recreational opportunities. At the heart of this community lies Prior Lake itself, a sprawling body of water covering over 1,300 acres. If you're considering purchasing a lake home on Prior Lake, here's what you need to know.
Facts and Statistics:
Upper and Lower Prior Lake are highly sought-after destinations for those looking for a lake home or cabin in the Twin Cities area. Here are some facts and statistics about the lake that you may find useful:
- Prior Lake is a deep, natural lake with a maximum depth of 60 feet.
- The lake has an average depth of 17 feet and covers over 1,300 acres.
- Lower Prior Lake is connected to the smaller Upper Prior Lake via a narrow channel.
- The lake is home to several species of fish, including walleye, northern pike, largemouth bass, and crappie.
- Prior Lake has several public beaches and boat launches, as well as several parks and trails for hiking and biking.
Purchasing a Lake Home on Prior Lake:
If you're considering purchasing a lake home or waterfront lot on Prior Lake, there are several things to keep in mind. First and foremost, it's important to work with a knowledgeable real estate agent at LakePlace.com who can help you navigate the local market and find the perfect property to suit your needs.
One of the most important factors to consider when purchasing a lake home on Prior Lake is location. The lake is divided into several different bays, each with its unique features and amenities. For example, the Lower Prior Lake is home to several marinas, restaurants, and other commercial amenities, while the Upper Prior Lake is quieter and more secluded, offering a more serene atmosphere.
Another important factor to consider is the size and type of property you're looking for. Lake homes on Prior Lake range from cozy cabins to luxurious estates, and there are options available for a variety of budgets and preferences. It's essential to determine what features and amenities are most important to you, whether it's a private dock, a spacious deck, or a gourmet kitchen.
It's also important to consider the upkeep and maintenance of a lake home on Prior Lake. Lakefront properties require regular maintenance to prevent damage from the water and weather. Be sure to budget for regular maintenance and repairs to keep your lake home in top condition.
Ultimately, purchasing a lake home on Prior Lake can be an excellent investment in your quality of life. With easy access to some of the best recreational opportunities in the Twin Cities area, as well as stunning natural scenery, Prior Lake is the perfect place to escape from the stresses of everyday life and enjoy the beauty of nature. So why not start exploring the local real estate market today and find the lake home of your dreams?