$1,000,000
PENDING

16501 Sage Way NW Shakopee, MN 55379

Estimated payment $6,015/month

Total Views 4,133
5 Beds
3.5 Baths
4,328 Sq Ft
$231 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront Community
  • 29,185 Sq Ft lot
  • Jeffers Pond Elementary School Rated A
  • Lake View
  • Deck

About This Home

Stunning, fully reimagined five-bedroom, four-bath luxury renovation by Martha O'Hara Interiors in sought-after Spring Lake Estates, with deeded Spring Lake access and private dock slip No. 1. The home sits on a private wooded two-thirds-acre lot with lake views and is the result of a down-to-the-studs custom renovation. Bathed in natural light, the open plan blends style and function with a chef's kitchen; great room with gas fireplace; formal dining and sitting rooms. The sunroom, with near-floor-to-ceiling windows opens to an entertainer's deck with wood burning fireplace, sitting area, grill and spiral stairs to the yard. Upstairs, four bedrooms include a serene primary suite with spa-like bath, dual walk-ins, and large bonus room. The walk-out lower level adds a fifth bedroom., family room, wet bar, office with gas fireplace, game room, and ample storage. Private patio, wooded yard, and proximity to Spring Lake Regional Park and trails make this home a perfect retreat for any family or family to be.

Listing Agent

Heidi Barcelow

Edina Realty, Inc. Listed on: 08/26/2025

Edina Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,404

Year Built

  • Built in 2007

Lot Details

  • 0.67 Acre Lot
  • Partially Fenced Property

HOA Fees

  • $96 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Flex
  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Free Standing Fireplace
  • Stone Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Home Office
  • Bonus Room
  • Lake Views

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deck

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 254400300

Community Details

Overview

  • Association fees include beach access, dock, professional mgmt, trash
  • Gassen Association, Phone Number (952) 922-5515
  • Stemmer Ridge Subdivision

Recreation

  • Waterfront Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,404

Year Built

Built in 2007

Lot Details

0

HOA Fees

$96 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2007
  • Above Grade Finished Sq Ft: 3034
  • Water Body Name: Spring
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Free Standing, Gas, Living Room, Stone
  • Living Area: 4328
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1294
  • Basement YN: Yes
  • Dining Room Type: Living Room, Dining Room, Sun Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bonus Room, Family Room, Flex Room, Office, Deck

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less
  • PoolFeatures: None
  • Fencing: Partial
  • PatioPorchType: Composite Decking,Deck,Patio
  • Lake Bottom: Sand
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Beach Access, Dock, Professional Mgmt, Trash
  • Phone: 952-922-5515
  • Association Fee: 96
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s),Deck,Exercise Room,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,Paneled Doors,Panoramic View,Boat Slip,Sun Room,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet

Association/Amenities

  • HOA Management Co: Gassen

Schools

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

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 0
  • Lot Size Sq Ft: 29185.2
  • Land Lease: No
  • Lot Features: Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Shake Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 254400300
  • Tax Annual Amount: 7404
  • TaxWithAssessments: 7404.0000

Multi Family

  • WaterfrontFeatures: Association Access, Deeded Access, 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 $7,404 $522,400 $247,100 $275,300
2024 $7,412 $708,400 $247,100 $461,300
2023 $7,106 $691,400 $247,100 $444,300
2022 $6,544 $685,100 $247,100 $438,000
2021 $6,088 $554,700 $194,300 $360,400
2020 $6,164 $512,200 $153,600 $358,600
2019 $6,160 $499,800 $133,600 $366,200
2018 $5,560 $0 $0 $0
2016 $5,620 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2025 10/15/25 Pending -- -- --
10/05/2025 10/05/25 Off Market $1,000,000 -- --
08/28/2025 08/28/25 For Sale $1,000,000 +29.4% $231 / Sq Ft
06/15/2023 06/15/23 Sold $773,000 -2.1% $179 / Sq Ft View Prior Sale
05/05/2023 05/05/23 Pending -- -- --
04/12/2023 04/12/23 For Sale $789,900 -- $183 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Deed $773,000 --
Warranty Deed $518,575 --
Warranty Deed $9,543,067 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $753,000 New Conventional
Closed -- No Value Available
Source: Public Records

Source: NorthstarMLS

MLS Number: 6696037

NorthstarMLS

APN: 25-440-030-0