18510 Pheasant Ridge Rd Prior Lake, MN 55372
Estimated payment $4,870/month
Total Views
8,626
5
Beds
3.5
Baths
3,821
Sq Ft
$203
Price per Sq Ft
Highlights
- Multiple Garages
- RV Access or Parking
- 85,813 Sq Ft lot
- Kenwood Trail Middle School Rated A
- River View
- Deck
About This Home
Welcome to your dream home in the highly sought-after Credit River location! This 5-bedroom, 4-bathroom single-level ranch, situated on 1.97 acres, offers the perfect blend of luxury, privacy, and convenience. Nestled just minutes from major retail, yet far enough to embrace the serenity of nature, this property backs to the scenic Credit River, providing a peaceful retreat.
Designed for effortless single-level living—a rare find—this home features 3 spacious bedrooms on the main level, complemented by vaulted ceilings that enhance the open, airy feel. The lower level boasts tall ceilings, two additional bedrooms, ideal for guests or family. Enjoy the spacious living room and multiple recreational spaces in the lower level which is a walkout, flooded with natural light as you overlook the wetland. With 2 separate heated garages, both accessible from the main and lower levels, this home offers unmatched versatility for car enthusiasts, hobbyists, storage and beyond!
Recent upgrades elevate this home’s appeal: new countertops (2023), a new furnace/heat pump (2024), a new water heater (2023), and a state-of-the-art water treatment system including a Kinetico softener, iron filter, sediment filter, and reverse osmosis (2023). A new well pipe and pressure pump (2023) ensure reliable water supply, while an EV charger with an off-peak program adds modern efficiency.
Located in the Lakeville School District, this property combines rural charm with urban accessibility. Don’t miss the chance to own this meticulously maintained, move-in-ready home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,080
Year Built
- Built in 1997
Lot Details
- 1.97 Acre Lot
- Lot Dimensions are 410x233x197x181x109
- Street terminates at a dead end
Parking
- 4 Car Attached Garage
- Multiple Garages
- Heated Garage
- Tuck Under Garage
- Insulated Garage
- Garage Door Opener
- RV Access or Parking
Home Design
- Architectural Shingle Roof
Interior Spaces
- 1-Story Property
- Central Vacuum
- Family Room
- Living Room with Fireplace
- Recreation Room
- River Views
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Trash Compactor
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Sump Pump
- Drain
- Basement Storage
- Natural lighting in basement
Eco-Friendly Details
- Air Exchanger
Outdoor Features
- Deck
- Patio
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heat Pump System
- 200+ Amp Service
- Private Water Source
- Well
- Septic System
Community Details
- No Home Owners Association
- Valley Oaks 1St Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 040310370
Map
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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 | $7,080 | $616,800 | $253,100 | $363,700 |
| 2024 | $7,350 | $584,700 | $232,000 | $352,700 |
| 2023 | $7,532 | $587,100 | $232,300 | $354,800 |
| 2022 | $5,934 | $609,700 | $199,600 | $410,100 |
| 2021 | $5,820 | $437,400 | $146,000 | $291,400 |
| 2020 | $6,224 | $418,000 | $128,500 | $289,500 |
| 2019 | $5,890 | $427,900 | $136,900 | $291,000 |
| 2018 | $5,650 | $0 | $0 | $0 |
| 2016 | $6,440 | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Pending | -- | -- | -- |
| 06/24/2025 06/24/25 | Price Changed | $775,000 | -2.5% | $203 / Sq Ft |
| 06/12/2025 06/12/25 | For Sale | $795,000 | -- | $208 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $500 | None Listed On Document | |
| Deed | $700,000 | -- | |
| Warranty Deed | $32,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $560,000 | New Conventional | |
| Previous Owner | $415,500 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $15,000 | Future Advance Clause Open End Mortgage | |
| Closed | -- | No Value Available |
Source: Public Records
Similar Homes in Prior Lake, MN
Source: NorthstarMLS
MLS Number: 6733425
APN: 4-031-037-0
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