Nearly 6,000 Finished Sq Ft on 2.5 Private Acres in Central Lakeville — Priced to Invest!! This is the Lakeville property that shouldn't exist at this price. 5 bedrooms. 5 bathrooms. Nearly 6,000 finished square feet of brick-front living on 2.5 private acres — not 30 minutes outside of town, but in Lakeville, minutes from top-rated schools, dining, and shopping. At under $170 per square foot, this home is priced well below the Lakeville market average — and it sits on acreage that, on its own, carries significant value in today's land-scarce market. The bones here are exceptional. A 35-year architectural roof (8 years in), LP SmartSide siding (3 yo), dual-zone HVAC (1 unit is newer), a road-grade driveway, irrigation system(irrigation system runs from the well, the house is city water/sewer), and a finished insulated 3-car garage with high ceilings built for more than just parking. Inside, vaulted ceilings and hardwood floors anchor a main-level layout where every daily living function is on one floor. The walkout lower level is built for entertaining — a large wet bar, generous gathering space, and room to grow. This home is being offered at a price that gives its next owner real room to personalize and add value. Bring your vision for the kitchen. Reimagine the primary bath. Update finishes to your taste — and know that the structural investments, the mechanicals, and the acreage have already been handled. You're not buying a fixer. You're buying a canvas with a foundation that most new builds can't match — at a price per square foot that new construction in Lakeville can't touch. Properties with this combination of space, land, and location don't come to market often. When they do, they don't come at this number.
Based on the average sale price from the Faribault, MN office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
18685 Highview Avenue Lakeville, MN is a Single Family Home for sale at $998500 with 5877 sqft and a lot size of 2.498 Acres Acre(s). 18685 Highview Avenue Lakeville has 5 bedrooms, 4 baths and was built in 1996. The property's zip code is 55044 which is in Lakeville, MN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
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