7242 205th Street W

Lakeville, MN
$ 698,000 Beds 5 Baths 3.5 Sq 4,405
Monthly Estimate* How much can I afford?

Finally, the Lakeville pool home you have been waiting for! Remember when it was 100 degrees this summer? Here is the cure, and better yet, it has been COMPLETELY remodeled from top to bottom, inside and out with on-trend styles and quality materials/worksmanship. LP smartside all around, a 400 sq ft maintenance free deck, new roof and more await you at this large footprint 2 sotry walkout home in the demanded Spyglass neighborhood. Better than new at a far superior price per sq ft. Situated on a quiet street on a large .41 acre corner lot just steps from the park and with no neighbors, but rather a large pond across the street. Expansive backyard with a full maintenance free fence offering privacy. Boulder retaining walls, 3 stall garage and extra parking space on the side of the garage. Inside, bright and refreshed spaces greet you. Gleaming real hardwood floors, both formal and informal spaces, upgraded kitchen with large island, quartz counters, stainless appliances and a farmhouse sink with window enjoying views of the backyard and pool. Handy, spacious mudroom. Ready for all seasons, with heated and insulated garage plus 3 cozy gas fireplaces - 1 on each level, including a stylish shiplap clad 2-sided fireplace in the glorious, oversized owner's suite (that also features a spa like bath and ENORMOUS walk in closet off the bathroom). 4 total bedrooms upstairs with walk-in closets. The walkout lower level has an additional guest suite, large rec room, plenty of storage and steps out to sprawling patio leading to the private, in-ground, heated pool (with brand new liner). An uncommon price tag for a home of this caliber and features. Easy access to Cedar Ave and all the amenities of downtown Lakeville. 100% turn-key ready for the next owner to entertain, relax, and enjoy stress-free, as all major maintenance/big ticket items have been done to better-than-new standards. Hurry in to this rare find and enjoy the swan song of summer from from the water of your new oasis.

Single Family

  • Price
  • $ 698,000
  • City
  • Lakeville
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • DAKOTA
  • Half Bathrooms
  • 1
  • Area
  • Spyglass 2nd Add
  • Lot Size
  • 0.41 Acres
  • Zip
  • 55044
  • Sqr Footage
  • 4,405
  • Year Built
  • 2005
  • Taxes
  • $ 8186
  • Style
  • Single Family
  • MLS#
  • 7133080
Listed By: RE/MAX Results
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 4405
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Asphalt,Pitched
Appliances Dishwasher,Dryer,Gas Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer,Water Softener Owned
Garage Spaces 3
Pool Features Below Ground,Heated
Year Built 2005
Levels Two
Property Subtype Single Family
Tax Year 2026
Waterfront Features Pond
Accessibility None
County Dakota
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Spyglass 2nd Add
Full Baths 2
Directions Cedar ave to 202nd St. Ea to Gallifrey Way. South,road bends right and turns into 205th St W. Home is on left after park and across from the pond.
City Lakeville
High School District Farmington
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 8186
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Balcony,Ceiling Fan(s),Deck,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Paneled Doors,Porch,In-Ground Sprinkler,Tile Floors
PostalCity Lakeville

Interior Features

Basement Daylight/Lookout Windows,Drainage System,Finished,Full,Storage Space,Sump Pump,Walkout
Total Fireplaces 3
Fireplace Features Two Sided,Family Room,Gas,Primary Bedroom
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 3130
Half Baths 1
3/4 Baths 1
Laundry Features Laundry Room,Upper Level
Total Bedrooms 5
Below Grade Finished Area 1275
Total Baths 4
Bath Desc 3/4 Basement,Double Sink,Full Primary,Private Primary,Main Floor 1/2 Bath,Separate Tub & Shower,Upper Level Full Bath,Jetted Tub
Dining Room Description Breakfast Area,Informal Dining Room,Separate/Formal Dining Room
Fuel Natural Gas
Garage Square Feet 630

Exterior Features

Fencing Composite,Full,Privacy
Parking Features Attached Garage,Asphalt,Finished Garage,Heated Garage,Insulated Garage
Lot Features Corner Lot
Water Source City Water/Connected
Lot Size Area 0.41
Building Area Total 4645
Lot Dimensions 139x232x183
Waterfront Y/N No
Foundation Area 1515
Road Frontage Type City Street
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/31/2026 Listed $698,000

Property vs Zip Code Average in 55044

Price
AVG $680K
$700K
Taxes
AVG $4,535
$8,186
Year Built
AVG 2014
2005
Visits
AVG 207
38
Data Provided by Inside Real Estate®

7242 205th Street W Lakeville, MN is a Single Family Home for sale at $698000 with 4405 sqft and a lot size of 0.41 Acres Acre(s). 7242 205th Street W Lakeville has 5 bedrooms, 3 baths and was built in 2005. 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.