$324,320Average Value$213Average Price per Sq Ft42Homes For Sale
Lake City offers peaceful, small-town living by Lake Pepin
Lake City is a riverside community by Lake Pepin, which sits on the Mississippi River and is the birthplace of water skiing. The small city is also home to many waterfront parks and beaches for water sports like boating and fishing, while sports tournaments and riverfront festivities make the community an ideal location for water living. Golf also has a prominent presence in the city, and the community is surrounded by golf courses and country clubs. In addition, the city’s historic district has a large selection of 19th-century buildings, while many contemporary shops and eateries dot the city’s waterfront
Many of the homes in Lake City are surrounded by large trees.
Learn more about the beginnings of water skiing in Lake City at Ohuta Park.
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From historic homes to new developments in Lake City
Homebuyers can find a large collection of 19th-century homes in the city. Many historic properties have Queen Anne, colonial and Folk Victorian influences or feature an eclectic mix of workers cottages. Other housing styles include 1950s to 1970s ranch-styles, Cape Cods and split-levels. New developments from the 21st century are often designed with contemporary ranch and New Traditional elements. The median sale price is approximately $300,000, which is below the national median of around $400,000. Single-family properties start around $150,000 and can go up to $350,000. Newer houses tend to be priced slightly higher and can go between $440,000 and $650,000, and custom-built waterfront properties can list over $1 million. Mobile homes are typically around $20,000 to $135,000. Townhouses are between $240,000 and $400,000, and waterfront condominiums can sell from $260,000 to over $450,000.
The homes near downtown Lake City come in a variety of historic architectural styles.
Newer ranch style homes offer one-level living in Lake City.
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Water recreation in Lake City is within arm's reach
Considered the gateway to Lake Pepin, which is the largest lake on the Mississippi River, water recreation at Lake City is a staple way of life. Residents can go boating, fishing, swimming, paddling, sailing, kayaking and water skiing, and then dock their boats at Lake City Marina. Overlooking Lake Pepin, the waterfront Hok-Si-La Park is over 250 acres and offers campgrounds, cabins and a public swimming beach. Home to many summer festivals like the Lake City Market by the Lake and Water Ski Days, Ohuta Park has the Riverwalk Trail, a modern playground and a beach. Those into golfing can play a round at one of the many courses in the city, including The Jewel Golf Club and Lake City Golf, both of which are open to the public. Residents can also explore over 14 miles of hiking trails, go bird watching or wildflower hunting at Frontenac State Park.
Campers and residents enjoy hiking at Hok Si La Park.
Lake City residents take advantage of life on Lake Pepin.
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Shopping and dining options along the waterfront
The city’s waterfront is dotted with shops, restaurants and local establishments. Kelly’s Lake House Bar & Grill offers waterfront dining with classic American fare. Port 104 has tavern eats, a bowling alley and events like different themed parties and live music nights. Popular boutiques include Lake Pepin Pearl Button Company and Treats & Treasures, which has a selection of clothing, sweets, gifts and souvenirs. People can get groceries at Lake City Fresh Market, and Walmart is about 15 miles away in Red Wing.
Kelly's Lake House Bar & Grill is a favorite local eatery that can be visited by boat.
Lake City residents enjoy shopping at Lake Pepin Pearl Button Co.
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Schools in Lake City's public school system
Lake City Public Schools serves the city. Bluff View Elementary serves students from kindergarten through sixth grade and gets a B-minus score from Niche. Lincoln High School teaches grades seven to 12 and has a B-minus. Lincoln High has partnered with Rochester Community and Technical College, Winona State University and Luther College to provide students with college credit courses. For private schooling, families may also consider the K-8 St. John's Lutheran School.
Bluff View Elementary School has a large recess area for students to play.
Lincoln Secondary School is a public high school located in Lake City, Minnesota.
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Waterfront festivals and sports races in the city
A wide variety of events take place in Lake City. The city’s chamber of commerce sponsors an annual golf tournament in the summer, and there’s a grand fireworks show over the city’s riverfront on Independence Day. Lake City Fall Fest has five weeks of fall activities like cider and spirit tastings, haunted trails and a family zone with fun games and activities. Float a Palooza, one of the city’s biggest beach parties, takes place at Ohuta Beach Park with a floating and paddleboarding race, food trucks and kids' entertainment. Other events include fishing, sailing and ice fishing contests,
Residents enjoy visiting the beach at Ohuta Park year-round.
Play the Hale Irwin designed The Jewel, a top rated course in Lake City.
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Distance to Red Wing and Rochester
U.S. Highways 61 and 63 pass through the city. Residents can call Hiawathaland Transit to schedule a bus ride within Goodhue and Wabasha counties. The closest Amtrak station is in Red Wing, which is about 15 miles northwest and has connections to Minneapolis. Rochester International Airport is approximately 45 miles away, and Mayo Clinic Health System - Lake City is located right in the city center.
Written By
Christina Xu
Photography Contributed By
Tyler McNair
Video By
Daniel Quattro
Interested in learning more about homes in this area?
Reach out to
Chad Carpenter,
an experienced agent in this area.
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On average, homes in Lake City, MN sell after 58 days on the market compared to the national average of 58 days. The median sale price for homes in Lake City, MN over the last 12 months is $320,000, up 6% from the median home sale price over the previous 12 months.
Beachfront Condo on Beautiful Lake PepinWake up to spectacular sunrises and panoramic lake views from this beautifully renovated 2-bedroom, 2-bath condominium. Perfectly positioned on the shores of Lake Pepin, this home offers effortless waterfront living with resort-style amenities. The completely remodeled kitchen features new appliances, white cabinetry, and solid surface countertops. The
Welcome to carefree condo living in the heart of picturesque Lake City with breathtaking views of beautiful Lake Pepin. This immaculate 1,513 sq. ft. condo offers the perfect blend of comfort, convenience, and lifestyle. The thoughtfully designed open-concept layout features a spacious kitchen and inviting living area ideal for entertaining, relaxing, or simply enjoying the stunning scenery
Beautifully renovated 1899 'Vintage Historical' home! A must see to appreciate all the care and meticulous work completed to modernize this home, yet preserving much of the intended character of the late 19th Century! 'MINT' condition home, located on the original main 'stage coach' line of the horse and buggy times but, still with a partial view of Lake Pepin! Only a short 1 1/2 block to the
Wake up to ever-changing views of beautiful Lake Pepin in this exceptional beachfront condo. Enjoy watching eagles soar, wildlife along the shoreline, and all the serenity lakefront living provides.Spacious, Thoughtfully Designed LayoutThis zero-entry, two-level home offers 3 bedrooms, 3 baths, and a walkout lower level with direct access to the beach and grounds—perfect for hosting
Beachfront Condo on Beautiful Lake PepinWake up to spectacular sunrises and panoramic lake views from this beautifully renovated 2-bedroom, 2-bath condominium. Perfectly positioned on the shores of Lake Pepin, this home offers effortless waterfront living with resort-style amenities. The completely remodeled kitchen features new appliances, white cabinetry, and solid surface countertops. The
Dreaming of life on one of Southeast Minnesota’s premier golf courses? This home delivers with sweeping bluff and golf course views. Step inside, zero entry thresh hold, to an open-concept living space designed for both comfort and connection. Zero Entry Thresh hold. The kitchen is the heart of the home, featuring granite countertops, a spacious center island with seating, corner pantry, and
Located on a quiet cul-de-sac in the Jewel subdivision, this 5-bedroom home offers a clean, modern layout with standout views of Sugarloaf. Built in 2015 and set on a 0.38-acre lot, it checks the boxes for both functionality and setting. The main level features three bedrooms, including a primary suite with a walk-in closet and private 3⁄4 bath with double sinks, along with convenient main floor
Welcome to 31770 Lakeview Drive -- A 4 bedroom home set on a spacious 1-acre lot with scenic views of the Mississippi River. The main level offers three bedrooms, including a primary suite with a full bath, plus the convenience of main floor laundry. Vaulted ceilings and a gas fireplace create an open, comfortable living space. The kitchen walks out to a deck overlooking the large backyard and
This beautifully designed one-year-old home in The Jewel offers the perfect blend of style, comfort, and functionality. Featuring 3 bedrooms and 2 bathrooms, including a spacious primary en-suite, the thoughtfully designed layout provides both privacy and open-concept living. The primary suite is tucked away on one side of the home, while two additional bedrooms and a full bath are located on the
MOTIVATED SELLER! MOVE IN READY. Excellent Value! Comfortable living in this spacious 3 Bedroom, 3 Bath Townhome. New furnace is 2023 & new central air conditioner 2025. Lots of natural daylight on both floors. Nice size rooms and tall ceiling. Open Living space for Kitchen, Dining, Foyer & Living Room. Enjoy the cozy atmosphere relaxing in front of the gas fireplace. Oak hardwood floors.
Pride of ownership shines throughout this well-maintained 3-bedroom, 2-bath rambler offering over 1,500 square feet of open, inviting living space with all living facilities on the main level. The open-concept layout features solid wood cabinetry in the kitchen, seamless flow for everyday living and entertaining, and a spacious family room addition complete with a cozy gas fireplace and built-in
High Point Land Company is proud to present Alaskan Guest Suites, a rare opportunity to acquire an established hospitality property overlooking the breathtaking waters of Lake Pepin in Lake City, Minnesota. Situated along the highly traveled Highway 61 corridor, this income-producing property offers a unique combination of immediate cash flow, operational flexibility, and long-term real estate
51.25 Acres of mostly AG Land. 13.5 Acre parcel was approved for a residence at one time but is currently in pasture or hay. Land is leased and all 2025 crops & hay, belong to Seller and Tenant. There are 4 parcel id numbers: 321200161, 321200150, 320241700, 321200130
Spacious building site in the Oakhurst Subd. in the Jewel Development. Bring your own builder and enjoy this is exciting opportunity to build your dream home near hole #16 with stunning bluff views. Enjoy the assets on one of Southeastern Minnesota's premier golf courses. The location's proximity to surrounding areas offers convenience and access to a variety of amenities and attractions. The
Charming 3+ Bedroom Home in the Heart of Lake City, MinnesotaExperience the best of Lake City living in this well-appointed 3+ bedroom, 2-bathroom home with a detached one-car garage. Nestled just steps from downtown, this property offers the perfect blend of comfort and convenience.Wake up to glimpses of the stunning Lake Pepin right from your front door — one of the widest points on the
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