$1,225,000

15267 Fairbanks Trail NE Prior Lake, MN 55372

Estimated payment $7,608/month

Total Views 970
4 Beds
3 Baths
2,858 Sq Ft
$429 Price per Sq Ft

Highlights

  • 58 Feet of Waterfront
  • Beach Access
  • Family Room with Fireplace
  • Jeffers Pond Elementary School Rated A
  • Lake View
  • No HOA

About This Home

Enjoy life on Lower Prior Lake! This well-maintained home is perfectly situated on Grainwood Bay, just
before Martinson Island-offering stunning views, a wraparound deck, and direct backyard access to the lake. Inside, you'll find hardwood floors, large windows, and multiple sliding glass doors that bring the outdoors in.
The main level includes a bedroom, full bath, and laundry just off the 3-car garage. Upstairs, the loft and spacious primary suite offer panoramic lake views, a walk-in closet, and a luxurious bath with soaker tub and walk-in shower.
The walkout lower level features a second gas fireplace, wet bar, two bedrooms, and another full
bath-plus two more sliding doors that open to a lakeside patio. Whether you're relaxing or ready to launch your boat, this is lake living at its best!

Listing Agent

Jeff Young

Edina Realty, Inc. Listed on: 09/05/2025

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,814

Year Built

  • Built in 1995

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 58x115x51x145
  • 58 Feet of Waterfront
  • Lake Front

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Lake Views

Kitchen

  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Window Egress

Additional Features

  • Beach Access
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Maple Park Shore Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 250360120

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,814

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: City Water/Connected
  • Year Built: 1995
  • Above Grade Finished Sq Ft: 1682
  • Water Body Name: Lower Prior
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Egress Window(s), Finished, Walkout
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Living Room
  • Living Area: 2858
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1176
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Kitchen, Family Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Laundry

Beds/Baths

  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • PoolFeatures: None
  • Fencing: None
  • View: Bay, Lake, West
  • PatioPorchType: Deck,Patio
  • Lake Acres: 956
  • Lake Bottom: Sand
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 15-26
  • Waterfront Frontage: 58

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener
  • Garage Square Feet: 630

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s),Deck,Dock,Hardwood Floors,Kitchen Window,Patio,Panoramic View,Boat Slip,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup

Schools

  • Junior High Dist: Prior Lake-Savage Area Schools
  • SchoolDistrictNumber: 719
  • SchoolDistrictPhone: 952-226-0000

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 58x115x51x145
  • Lot Size Sq Ft: 7405.2
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Some Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: Unknown
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Vinyl Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 250360120
  • Tax Annual Amount: 11814
  • TaxWithAssessments: 11814.0000

Multi Family

  • WaterfrontFeatures: Dock, Lake Front, Lake View

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,750 $1,124,300 $676,700 $447,600
2024 $11,814 $1,073,800 $644,500 $429,300
2023 $10,662 $1,051,800 $644,500 $407,300
2022 $10,096 $985,000 $575,400 $409,600
2021 $9,396 $809,400 $479,300 $330,100
2020 $9,180 $744,100 $418,900 $325,200
2019 $8,854 $702,600 $383,400 $319,200
2018 $9,738 $0 $0 $0
2016 $7,600 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $1,225,000 -- $429 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $30,000 Credit Line Revolving
Closed $120,000 Credit Line Revolving
Closed $443,000 New Conventional
Closed $450,000 New Conventional
Closed $150,000 Credit Line Revolving
Closed $125,000 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6774639

NorthstarMLS

APN: 25-036-012-0