7525 Territory Pass Lakeville, MN 55044
Credit River AreaEstimated payment $7,656/month
Highlights
- Fireplace in Primary Bedroom
- Vaulted Ceiling
- The kitchen features windows
- Lake Marion Elementary School Rated A
- Mud Room
- 3 Car Attached Garage
About This Home
Welcome to 7525 Territory Pass, a stunning executive 2-story home in The Territory, one of Lakeville's premier luxury communities. Situated on an expansive South-facing lot with panoramic country views, this beautiful home offers 5,070 finished square feet for everyday living, entertaining and fitness. A dramatic 2-story vaulted foyer welcomes you inside, where you will find a formal living room and dining room, private main-level office, spacious great room, chef's kitchen with abundant cabinetry, large center island and prep space with breakfast bar seating flanked by an informal dinning area. Mudroom offers lockers and storage bench adjoined by a main-level laundry room including additional storage. Upstairs, you will find 3 large bedrooms where 2 are connected by a shared bathroom and 1 with its' own private bathroom. You will also find an elevated primary owner's suite that includes a fireplace, dual walk-in closets and a spa-inspired bathroom. Downstairs, you will find a large entertainment room, bathroom and a fitness-enthusiast dream that includes an exercise/cardio room, sauna, weight-lifting space and a hot tub just outside under the expansive deck. Don't forget to review the Home Upgrades supplement to see all the additional hightlights that were added to this impressive home. Enjoy the unmatched lifestyle of The Territory with exclusive access to the Lodge Park clubhouse, outdoor pool, splash pad, multiple playgrounds and miles of scenic walking and biking trails including the community's iconic covered bridge. Just minutes from Lakeville's premier parks, lakes, golf courses, shopping, dining and major commuter routes, this exceptional property offers the perfect blend of luxury, comfort, convenience and community.
Open House Schedule
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Sunday, August 9, 202612:00 to 2:00 pm8/9/2026 12:00:00 PM +00:008/9/2026 2:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,086
Year Built
- Built in 2006
Lot Details
- Lot Dimensions are 132x220x165x220
- Property has an invisible fence for dogs
HOA Fees
- $310 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Insulated Garage
- Garage Door Opener
Home Design
- Combination Foundation
- Shake Siding
- Stone Exterior Construction
- Cement Board or Planked
Interior Spaces
- 2-Story Property
- Vaulted Ceiling
- Gas Fireplace
- Mud Room
- Family Room with Fireplace
- 2 Fireplaces
Kitchen
- Eat-In Kitchen
- Built-In Oven
- Range
- Microwave
- Dishwasher
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Drainage System
- Sump Pump
- Drain
Eco-Friendly Details
- Air Exchanger
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Vented Exhaust Fan
- Shared Water Source
- Well
- Water Softener is Owned
- Shared Septic
Community Details
- Sharper Management Association, Phone Number (952) 224-4777
- Territory 2Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 040990160
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $9,086 | $934,000 | $227,500 | $706,500 |
| 2025 | $8,686 | $851,900 | $227,500 | $624,400 |
| 2024 | $9,000 | $803,800 | $203,900 | $599,900 |
| 2023 | $8,520 | $806,800 | $203,900 | $602,900 |
| 2022 | $7,612 | $781,800 | $190,000 | $591,800 |
| 2021 | $7,320 | $663,100 | $141,500 | $521,600 |
| 2020 | $7,628 | $633,500 | $123,100 | $510,400 |
| 2019 | $7,148 | $627,900 | $123,100 | $504,800 |
| 2018 | $6,752 | $0 | $0 | $0 |
| 2016 | $5,846 | $0 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/23/2026 07/23/26 | Price Changed | $1,200,000 | -5.9% | $237 / Sq Ft |
| 06/19/2026 06/19/26 | For Sale | $1,275,000 | -- | $251 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $675,900 | Edina Realty Title Inc | |
| Warranty Deed | $750,000 | -- | |
| Warranty Deed | $6,380,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $510,400 | New Conventional | |
| Closed | $30,000 | Credit Line Revolving | |
| Closed | $540,720 | New Conventional | |
| Previous Owner | $122,900 | Credit Line Revolving | |
| Previous Owner | $417,000 | New Conventional | |
| Previous Owner | $600,000 | New Conventional |
Source: NorthstarMLS
MLS Number: 7095969
APN: 4-099-016-0
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Ask me questions while you tour the home.