$875,000

4287 Grainwood Cir NE Prior Lake, MN 55372

Estimated payment $5,548/month

Total Views 1,402
3 Beds
2 Baths
2,069 Sq Ft
$423 Price per Sq Ft

Highlights

  • Lake Front
  • Beach Access
  • Deck
  • Jeffers Pond Elementary School Rated A
  • Newly Remodeled
  • No HOA

About This Home

Located on a quiet bay (Grainwood) of Lower Prior Lake - minutes from two area beaches, this 3-bedroom, 2-bath retreat offers the rare opportunity to own a slice of lake life with amazing potential. More cabin than castle, it’s a place where simplicity meets serenity—whether you're seeking a cozy weekend getaway, full-time home, or a canvas for your dream remodel. Inside, you'll find plenty of charm. Two bedrooms on
the main level with a 3/4 bath and the lower level bedroom is around the corner from a large jacuzzi tub (3/4 bath.) The lower level is meant for gatherings! Large open family room that is open from a full kitchenette with brand new full-sized appliances. The layout invites natural light and lake breezes, while the outdoor space is perfect for morning coffee, evening bonfires, and everything in between. There will be sand at your feet by the dock (with boat lift!) as an added treat for getaways. The owners took special care of the property and have upgraded the water heater, AC and even have a brand new backup generator. Whether you keep this wonderful property as it is, update it for modern living, or build something totally new, this property is ready to reflect your vision. Come see what life could look like on the bay!

Listing Agent

Teya Young

Real Broker, LLC Listed on: 09/04/2025

Real Broker, LLC

Co-Listing Agent

John Leonard

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,814

Year Built

  • Built in 1990 | Newly Remodeled

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 50x162x178x50
  • Lake Front

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Lake Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Grainwood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 250330120

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,814

Year Built

Built in 1990 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: City Water/Connected
  • Year Built: 1990
  • Above Grade Finished Sq Ft: 1018
  • Water Body Name: Lower Prior
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • InternetOptions: Cable
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Finished, Sump Basket, Walkout
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Other, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Living Area: 2069
  • Fireplace: No
  • Below Grade Finished Sq Ft: 1051
  • Basement YN: Yes
  • Dining Room Type: Living Room, Kitchen, Bedroom 1, Bedroom 2, Deck, Family Room, Bedroom 3, Informal Dining Room

Beds/Baths

  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age Over 8 Years, Asphalt
  • Fencing: None
  • View: Bay, Lake, West
  • ConstructionMaterialsDesc: Block,Frame
  • PatioPorchType: Composite Decking,Deck
  • Lake Acres: 956
  • Lake Bottom: Sand
  • LakeChain: N

Garage/Parking

  • Parking Features: Attached Garage, Asphalt
  • Garage Square Feet: 557

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Electric: Circuit Breakers
  • Fuel: Natural Gas
  • Power Company: Xcel Energy

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Balcony,Ceiling Fan(s),Deck,Dock,Kitchen Window,Main Floor Primary Bedroom,Other,Security System,Skylight,Boat Slip,Tile Floors

Schools

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

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 50X162X178X50
  • Lot Size Sq Ft: 8712
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Seasonal

Building Info

  • Construction Materials: Other

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 250330120
  • Tax Annual Amount: 9814
  • TaxWithAssessments: 9814.0000

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 $9,814 $985,000 $833,800 $151,200
2024 $9,938 $939,100 $794,100 $145,000
2023 $9,056 $931,700 $794,100 $137,600
2022 $9,302 $890,900 $709,000 $181,900
2021 $8,318 $762,300 $614,300 $148,000
2020 $7,898 $680,700 $536,900 $143,800
2019 $7,726 $630,500 $491,400 $139,100
2018 $6,374 $0 $0 $0
2016 $5,354 $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 For Sale $875,000 -- $423 / Sq Ft
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $350,000 New Conventional
Source: Public Records

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Source: NorthstarMLS

MLS Number: 6774763

NorthstarMLS

APN: 25-033-012-0