519 N Lakeshore Drive, Lake City, MN

$500,000 - Lake Pepin

5

Beds

3

Baths

3,112

Square feet

0.20

Acres

About 519 N Lakeshore Drive

A Rare Investment and Flexible Living Opportunity! This is more than a home—it's a property that adapts to changing lifestyles. Whether your buyers are searching for an investment property, vacation rental, or flexible residence with future income potential, this exceptional property deserves a closer look. Less than ten years old, and just 35 miles from Rochester and 45 minutes to South Saint Paul, this exceptional home is the only newer property located just a few blocks from downtown Lake City, offering the convenience of walking to local restaurants, parks, the marina, scenic trails, waterfront attractions, and charming shops—a lifestyle that is truly unmatched. 519 N. Lakeshore Drive was intentionally created with adaptable living in mind. The home's unique layout allows owners to enjoy shared spaces while maintaining independence. With a private lower-level entrance, two rear exterior doors, and an interior staircase that locks from both levels, the home can function as one spacious residence or provide two distinct living areas whenever life calls for a little extra separation. Inside, expansive windows frame breathtaking views of Lake Pepin and Maiden Rock Bluff, filling the home with natural light and offering front-row seats to soaring bald eagles, passing sailboats, cruise ships, barges, and the changing beauty of every season. Three of the home's five generously sized bedrooms enjoy spectacular lake views, creating peaceful retreats. The open-concept main level was designed for gathering. The spacious kitchen features a large center island, custom backsplash, espresso soft-close Thomasville cabinetry, and beautiful Austin Antico Silver granite countertops throughout with warm white, silver, black, and copper tones. Whether hosting dinners, celebrating life's milestones, or enjoying everyday life, this space naturally becomes the heart of the home. Additional flexibility includes a generous mudroom and laundry area, plus a main-floor 'flex' room that can easily serve as a fifth bedroom, nursery, or private space for those who prefer main-level living. Outdoor living is just as inviting, with two spacious decks, a screened front porch, a private lower-level patio, mature perennial and pollinator gardens, and multiple places to relax while taking in panoramic lake views. The oversized 3½-car garage and expansive off-street parking provide room for multiple vehicles, recreational equipment, an RV, or a fishing boat—another uncommon feature in this highly desirable neighborhood. Beyond its beauty, this home was custom built with long-term comfort and efficiency in mind. Modern construction, with a poured concrete foundation and James Hardie siding, a $26,000 solar energy system, and numerous recent updates help keep maintenance low and utility costs remarkably affordable while providing peace of mind for years to come. For those who want to live close without sacrificing personal space, few homes offer this level of flexibility. 519 N. Lakeshore Drive offers a rare combination of thoughtful design, modern comfort, low maintenance, stunning lake views, and an exceptional location—making it one of Lake City's most unique homes.

Features of 519 N Lakeshore Drive

MLS® # 7098642
Price $500,000
Bedrooms 5
Bathrooms 3.00
Full Baths 1
Square Footage 3,112
Finished SQFT 3,112
Acres 0.20
Year Built 2017
Type Single Family
Sub-Type Residential
Status Active
Contingency Type None
Lake Name Lake Pepin

Community Information

Address 519 N Lakeshore Drive
Subdivision Lake City
City Lake City
County Wabasha
State MN
Zip Code 55041

Amenities

Parking Detached Garage, Concrete, Electric, Garage Door Opener, Gravel, Other
# of Garages 3
View Panoramic
Is Waterfront No
Waterfront Lake View
Has Pool No
Pool None

Interior

Appliances Cooktop, Dishwasher, Disposal, Dryer, Electronic Air Filter, ENERGY STAR Qualified Appliances, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Heating Forced Air, Fireplace(s)
Cooling Central Air, Zoned
Fireplace Yes
# of Fireplaces 1
Has Basement Yes
Basement Finished, Full, Other, Storage Space

Exterior

Exterior Features Engineered Wood
Lot Description Public Transit (w/in 6 blks), Underground Utilities
Roof Age Over 8 Years, Architectural Shingle, Metal
Construction Frame

School Information

District Lake City

Additional Information

Zoning Shoreline,Residential-Single Family
Foreclosure No
Short Sale No
Taxes $5,892
Tax Year 2026
Office Lakes Sotheby's International Realty

Listing Details

OfficeLakes Sotheby's International Realty

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