16609 Markley Lake Dr SE Prior Lake, MN 55372
Estimated payment $5,189/month
Highlights
- Lake Front
- 34,412 Sq Ft lot
- No HOA
- Hidden Oaks Middle School Rated A-
- Deck
- Game Room
About This Home
Presenting this stunning 5-bedroom, 4-bathroom home nestled in the serene neighborhood of Prior Lake. Spanning an impressive 4300sq.ft, this home offers a unique blend of comfort, elegance and lakeside living. Built in the year 2016, the property is situated on a well-manicured lot and is just a stone's throw away from renowned schools, parks, dining, and shopping destinations.
One of the highlights of the home is the private lake accompanied by picturesque walking trails, promising a tranquil escape in your very own backyard. A state-of-the-art sprinkler system, powered by the lake pump, ensures your landscape remains lush while saving you a significant sum every summer season.
The home features an oversized 3-car garage with custom built overhead storage. The garage is complete with epoxy floors, heating, and a floor drain, providing ample space and comfort for your vehicles.
Inside, you'll find a delightful 3-season porch screened for your comfort, providing a perfect space to enjoy your morning coffee or unwind in the evening. The property also boasts a professionally constructed retaining wall with a built-in fire pit, offering an ideal spot for outdoor entertainment.
The home is equipped with a 3-zone heating and AC system, ensuring optimal climate control on each floor. This is a home that truly caters to a sophisticated and comfortable lifestyle.
Don't miss out on this opportunity to enjoy all the luxuries of lake life in a peaceful, friendly neighborhood. Whether you're seeking a family home or an investment opportunity, this property is a gem in the thriving Prior Lake community.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,564
Year Built
- Built in 2016
Lot Details
- 0.79 Acre Lot
- Lot Dimensions are 97x367
- Lake Front
Parking
- 3 Car Attached Garage
- Heated Garage
- Insulated Garage
- Garage Door Opener
Interior Spaces
- 2-Story Property
- Family Room with Fireplace
- Home Office
- Game Room
- Screened Porch
- Utility Room Floor Drain
Kitchen
- Double Oven
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Drain
- Natural lighting in basement
Outdoor Features
- Deck
- Patio
Additional Features
- Air Exchanger
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Markley Lake Woods Subdivision
Listing and Financial Details
- Assessor Parcel Number 255150200
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,564 | $816,700 | $191,900 | $624,800 |
| 2024 | $8,410 | $820,000 | $191,900 | $628,100 |
| 2023 | $8,098 | $786,500 | $183,600 | $602,900 |
| 2022 | $7,560 | $782,500 | $179,600 | $602,900 |
| 2021 | $7,486 | $638,300 | $135,900 | $502,400 |
| 2020 | $8,128 | $620,800 | $119,800 | $501,000 |
| 2019 | $8,100 | $643,600 | $142,800 | $500,800 |
| 2018 | $8,210 | $0 | $0 | $0 |
| 2016 | $284 | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Pending | -- | -- | -- |
| 07/31/2025 07/31/25 | For Sale | $839,900 | -- | $194 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $608,742 | Land Title Inc | |
| Limited Warranty Deed | $120,900 | Land Title Inc |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $49,700 | Credit Line Revolving | |
| Open | $540,000 | New Conventional | |
| Closed | $147,000 | Stand Alone Second | |
| Closed | $417,000 | New Conventional |
Source: NorthstarMLS
MLS Number: 6764480
APN: 25-515-020-0
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