$1,200,000
OPEN SUN 12PM - 2PM $75K PRICE DROP

7525 Territory Pass Lakeville, MN 55044

Credit River Area

Estimated payment $7,656/month

Total Views 2,677
5 Beds
4.5 Baths
5,070 Sq Ft
$237 Price per Sq Ft

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.

Listing Agent

Nicolas Tetner

Northstar Real Estate Associates Listed on: 06/19/2026

Northstar Real Estate Associates

Open House Schedule

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,086

Year Built

Built in 2006

Lot Details

0.75 Acres

HOA Fees

$310 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Outside Features: Stone, Cement Board, Shakes
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 2
  • Water Source: Shared System, Well
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 3649
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: 4097
  • Property Sub Type: Detached

Interior Features

  • Basement: Drain Tiled, Drainage System, Finished, Full, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Primary Bedroom
  • Living Area: 5070
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1421
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 2

Exterior Features

  • Roof: Age 8 Years or Less, Asphalt
  • Fencing: Invisible
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Insulated Garage

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: Mound Septic, Shared Septic
  • Electric: Circuit Breakers
  • Fuel: Electric, Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Other
  • Phone: 9522244777
  • Association Fee: 310
  • Association: Yes
  • Amenities Unit: Ceiling Fan(s), Deck, Exercise Room, Hardwood Floors, Hot Tub, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Patio, Porch, Panoramic View, Sauna, Security System, In-Ground Sprinkler, Tile Floors, Vaulted Ceiling(s), Walk-In Closet

Association/Amenities

  • HOA Management Co: Sharper Management

Schools

  • Junior High Dist: Lakeville
  • SchoolDistrictPhone: 9522322000

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 132x220x165x220
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 040990160
  • Tax Annual Amount: 9086
  • TaxWithAssessments: 9086

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

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
Source: Public Records

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
Source: NorthstarMLS

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 --
Source: Public Records

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: Public Records

Source: NorthstarMLS

MLS Number: 7095969

NorthstarMLS

APN: 4-099-016-0

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