Why Live in Cobblestone Lake
Cobblestone Lake in Apple Valley is a neighborhood characterized by its diverse architectural styles and well-maintained properties. Homes here, primarily built in the early 2000s, include Craftsman, American Foursquares, colonial revivals, bungalows, and ranch-style designs. The area features both single-family homes and townhouses, with the latter having more availability. Yards are generally small but tidy, with single-family homes offering enough space for a patio. The neighborhood is centered around Cobblestone Lake, where residents enjoy a 1.5-mile paved trail, canoeing, kayaking, and year-round fishing. A community pool and a gazebo by the lake provide additional recreational options. While local businesses are limited, regional chains like Caribou Coffee, Crisp & Green, and Crooked Pine Ale meet daily needs. Essential stores such as Hy-Vee and Target are just a mile away. The neighborhood is served by Independent School District 196, with highly rated schools including Highland Elementary, East Lake Elementary, Scott Highlands Middle School, and Eastview High School. For transportation, residents rely on cars with quick access to I-35 and Minnesota State Highway 3, and the Minnesota Valley Transit Authority offers bus services to downtown, the airport, and Mall of America. Minneapolis-St. Paul International Airport is 17 miles away, and M Health Fairview Ridges Hospital is 7 miles away. The crime rate in Cobblestone Lake is lower than the national average, contributing to its appeal as a residential area.
Frequently Asked Questions
Is Cobblestone Lake a good place to live?
Cobblestone Lake is a good place to live. Cobblestone Lake is considered somewhat walkable and somewhat bikeable. Cobblestone Lake is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Cobblestone Lake has 2 parks for recreational activities. It has a median age of 40. The average household income is $152,400 which is above the national average. College graduates make up 56.2% of residents. A majority of residents in Cobblestone Lake are home owners, with 35.1% of residents renting and 64.9% of residents owning their home. A
local real estate agent serving Cobblestone Lake can help you decide if this neighborhood is the right one for you. Learn more on our
Cobblestone Lake neighborhood guide.
Is Cobblestone Lake, MN a safe neighborhood?
Cobblestone Lake, MN is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Cobblestone Lake?
The median home price in Cobblestone Lake is $424,900. If you put a 20% down payment of $85,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,200 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $94K a year to afford the median home price in Cobblestone Lake. The average household income in Cobblestone Lake is $152K.
What are the best public schools in Cobblestone Lake?
The best public schools that serve Cobblestone Lake are:
What are the best private schools in Cobblestone Lake?
The best private schools that serve Cobblestone Lake are:
- First Baptist School has a B+ Niche grade, a student teacher ratio of 15:1 and an average review score of 4.0.
What are the most popular zip codes in Cobblestone Lake, Apple Valley, MN?
What are the most popular neighborhoods near Cobblestone Lake, Apple Valley, MN?
Are home prices dropping in Cobblestone Lake?
Yes, home prices in Cobblestone Lake are down 9% in the last 12 months.
Home Trends in Cobblestone Lake, MN
On average, homes in Cobblestone Lake, Apple Valley sell after 294 days on the market compared to the national average of 70 days. The median sale price for homes in Cobblestone Lake, Apple Valley over the last 12 months is $379,900, down 16% from the median home sale price over the previous 12 months.
Median Sale Price
$379,900
Median Single Family Sale Price
$379,900
Average Price Per Sq Ft
$202
Number of Homes for Sale
0
Last 12 months Home Sales
55
Median List Price
$424,900
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-16%