$385,000
PENDING

2575 Waterfall Way NW Prior Lake, MN 55372

Estimated payment $2,767/month

Total Views 14,859
3 Beds
3.5 Baths
2,492 Sq Ft
$154 Price per Sq Ft

Highlights

  • Deck
  • 1 Fireplace
  • Stainless Steel Appliances
  • Jeffers Pond Elementary School Rated A
  • Home Office
  • 2 Car Attached Garage

About This Home

Golf and Lake-Lovers, TAKE NOTICE! The second you step inside this immaculate townhome with massive “wow-factor” windows and vaulted ceilings, settled a block behind hole #4 in the highly sought-after Wild’s Golf Club neighborhood, you’ll know with absolute certainty that the perfect home DOES exist!

Boasting nearly 2,500 sq. ft. of living space, with 3 bedrooms on one level, 4 bathrooms, a 2-car garage, and gorgeous natural sunlight throughout, this rare gem seriously has it all! The home’s main floor is the epitome of open-floor-plan living, with a stunning living room, dining area overlooking the back porch, and a spacious kitchen, complete with stainless steel appliances, tons of cabinet space, and a cozy breakfast bar. The upstairs primary suite is an absolute dream, with a spa-worthy ensuite bathroom, and spacious walk-in closet. The lower level’s sprawling recreation room features a beautiful gas fireplace and plenty of space to take in a family movie night, or enjoy your favorite hobbies.

Nearby Meadows at Mystic Lake Golf Course, Dakotah Sports & Fitness, Mystic Lake (the Lake!), as well as Mystic Lake Casino & Hotel, are all within walking distance, or a quick drive down the street. Easy access to Highways 13 and 169, 30-minutes from downtown Minneapolis, and 20-minutes from MSP Airport. Target, HyVee, Cub Foods, and Fresh Thyme are all within a 10-minute drive, making it a breeze to check things off your grocery and to-do lists. Tons of delectable restaurant options are also close by, with local favorites such as McCoy’s Copper Pint, Bravi’s Craft Mexican Kitchen, and Charlie’s On Prior.

These new digs are truly a step above the rest - come see it in all its glory for yourself!

Listing Agent

Hillary Slama

Engel & Volkers Prior Lake Listed on: 04/29/2025

Engel & Volkers Prior Lake

Co-Listing Agent

Kyle Mack

Engel & Volkers Minneapolis Downtown

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,543

Year Built

  • Built in 2005

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 86x26
  • Zero Lot Line

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Home Office

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Drainage System
  • Drain
  • Natural lighting in basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Cable TV Available

Community Details

  • Association fees include maintenance structure, hazard insurance, lawn care, ground maintenance, professional mgmt, trash, shared amenities, snow removal
  • Community Association Group Association, Phone Number (651) 882-0400
  • Wensmann 4Th Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 254181270

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,543

Year Built

Built in 2005

Lot Details

0

HOA Fees

$345 per month

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Townhouse Side x Side
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: City Water/Connected
  • Fee Frequency: Monthly
  • Year Built: 2005
  • Above Grade Finished Sq Ft: 1765
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Drainage System, Finished, Full, Walkout
  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Fireplace Features: Gas
  • Living Area: 2492
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 727
  • Basement YN: Yes
  • Dining Room Type: Living Room, Bedroom 3, Bedroom 2, Foyer, Kitchen, Family Room, Primary Bathroom, Dining Room, Deck, Office, Bedroom 1

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • PoolFeatures: None
  • Fencing: None
  • PatioPorchType: Deck

Garage/Parking

  • Parking Features: Attached Garage, Asphalt, Garage Door Opener, Guest Parking
  • Garage Square Feet: 418
  • Garage Door Height: 7

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Structure, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Shared Amenities, Snow Removal
  • Phone: 651-882-0400
  • Association Fee: 345
  • Association: Yes
  • Amenities Unit: Cable,Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Center Island,Local Area Network,Primary Bedroom Walk-In Closet,Natural Woodwork,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet

Association/Amenities

  • HOA Management Co: Community Association Group

Schools

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

Lot Info

  • PropertyAttachedYN: Yes
  • Lot Size: 86x26
  • Lot Size Sq Ft: 2178
  • Land Lease: No
  • Lot Features: Some Trees, Zero Lot Line
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Brick/Stone, Metal Siding, Vinyl Siding

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 254181270
  • Tax Annual Amount: 3543
  • TaxWithAssessments: 3570.0000

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 $3,570 $394,300 $111,100 $283,200
2024 $3,670 $379,200 $106,800 $272,400
2023 $3,582 $371,100 $104,700 $266,400
2022 $3,328 $374,300 $106,400 $267,900
2021 $3,282 $301,100 $76,200 $224,900
2020 $3,544 $291,700 $69,300 $222,400
2019 $3,452 $301,400 $63,000 $238,400
2018 $3,716 $0 $0 $0
2016 $3,318 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Pending -- -- --
05/12/2025 05/12/25 Price Changed $385,000 -2.5% $154 / Sq Ft
05/01/2025 05/01/25 For Sale $395,000 -- $159 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $302,900 Results Title
Interfamily Deed Transfer -- Attorney
Warranty Deed $249,900 Trademark Title Services Inc
Warranty Deed $159,080 --
Warranty Deed $287,035 --
Warranty Deed $67,890 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $293,813 New Conventional
Previous Owner $25,000 Credit Line Revolving
Previous Owner $156,966 FHA
Previous Owner $272,683 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6711479

NorthstarMLS

APN: 25-418-127-0