Date
Details
Price
Change
Source
6/26/2026
Listed
$410,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$410,000 Just Listed
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Property Description
First Time to Market in 25 years for this one owner home! Inside and out, you will be wowed by the updates, care, and thoughtful design of this incredible Big Lake home! This spacious 5-bedroom home offers 3 bedrooms up and 2 bedrooms in the lower level (all with new carpet in 2025). Every space has been designed with function in mind, offering smart organization and places where everything has a purpose. The exterior is built for everyday living and entertaining with a 3-car heated and insulated garage (2022), privacy fence, irrigation system (2021), sport court (every kid's dream!), firepit area, and a stunning two-tier deck system. The main deck measures approximately 45' x 15' with an additional 52' x 6' deck area creating the perfect outdoor flow. Major updates include (2023) full roof replacement with west-side siding and gutters, and furnace and A/C replacement (2024). Inside, the spacious entry welcomes you with beautiful real 3/4" dark oak hardwood floors. The main floor laundry room features a barn door, built-in storage, and brand-new 2026 washer and dryer. The kitchen is a showstopper with a wraparound bank of windows, pantry, SS appliances (2020), and gorgeous deep black granite countertops (2020). A convenient patio door off the dining provides direct access to the side deck and backyard. The lower level offers a large 30' x 22' family room - with feature wall and recessed lighting. A lower-level bedroom with kitchenette adds flexibility for guests, extended stays, or multi-purpose living. Walk to the nearby neighborhood park and enjoy easy access to Big Lake, Lakeside Park, shopping, and dining. This is more than a home - it's a place to Gather. Play. Live. Schedule your private showing today and experience this home firsthand.
Full Property Details
Full Property Details for 5574 Inverness Way
General
- Price: $410,000
- Taxes: $4,656 (2026)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7099852
- Updated: 6/27/2026
- Added to Site: 4 day(s) ago
Interior
- Appliances: Air-To-Air Exchanger, Dishwasher, Dryer, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Dining Room: Kitchen/Dining Room
- Formal Dining Room: Kitchen/Dining Room
- Laundry: Main Level, Main Level
Additional Information
- Amenities: Deck, Hardwood Floors, In-Ground Sprinkler, Vaulted Ceiling(s), Washer/Dryer Hookup
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 3
- Parking Features: Attached Garage, Asphalt, Heated Garage, Insulated Garage
Location
- County: Sherburne
- Township: Big Lake
- Subdivision: Mcdowall Oaks Second Add
- Driving Directions: Hwy 10 to CR 81 (N), Right on 206th (CTY RD 73), Right on Highland Trail, Left on Inverness Way.
School Information
- School District: 727 - Big Lake
- High School District: Big Lake
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Basement: Yes
- Finished basement: Yes
- Basement Desc.: Daylight/Lookout Windows, Drain Tiles, Egress Window(s), Finished
- Foundation Size: 1387
- Roof: Age 8 Years or Less, Asphalt
- Disability Access: None
- Square Feet: 2,579
- Above Ground: 1,387 Sq. Ft.
- Below Ground: 1,312 Sq. Ft.
- Finished Down/Base.: 2,699 Sq. Ft.
- Year Built: 2001
Additional Structures
- Other Structures: Storage Shed
Lot Features
- Lot Size (Acres): 0.26
- Lot Dimensions: 81 x 145 x 77 x 143
- Frontage: City Street, Paved Streets
- Zoning: Residential-Single Family
- Lot Description: Medium Tree Coverage
- Fencing (Description): Full, Wood
Financial Considerations
- Tax Amount: $4,656
- Tax Year: 2026
Disclosures and Reports
- Legal Description: LOT 3, BLK 2
- Property ID: 65005040215
Listed by Realty ONE Group Choice
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— 5574 Inverness Way —
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NMLS#: 1598647
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Schools
Schools serving 5574 Inverness Way
School District:Big Lake Public School District
| Name | Grades | Distance |
|---|---|---|
Independence Elementary School, Big Lake, MN 701 Minnesota Avenue, Big Lake, MN 55309 | 3-5 | 2.2 mi |
Liberty Elementary School 17901 205th Avenue Northwest, Big Lake, MN 55309 | K-2 | 2.3 mi |
Big Lake Middle School 601 Minnesota Avenue, Big Lake, MN 55309 | 6-8 | 2 mi |
Big Lake Senior High School 501 Minnesota Avenue, Big Lake, MN 55309 | 9-12 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5574 Inverness Way
Tax History
Tax History for 5574 Inverness Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,656
3%
$363,600
1%
2023
$4,532
8%
$358,300
-1%
2023
$4,198
—
$361,200
7%
2023
$4,198
7%
$337,300
31%
2022
$3,936
8%
$258,200
13%
2020
$3,638
6%
$227,521
8%
2019
$3,432
5%
$210,844
10%
2018
$3,260
6%
$191,115
10%
2017
$3,076
—
$173,130
-1%
2016
$3,074
9%
$174,100
4%
2015
$2,816
8%
$168,000
14%
2014
$2,596
—
$147,000
-14%
2013
$2,606
—
$170,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5574 Inverness Way
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5574 Inverness Way, Big Lake, MN 55309 (MLS# 7099852) is a Single Family property with 5 bedrooms, 1 full bathroom and 1 partial bathroom. 5574 Inverness Way is currently listed for $410,000 and was received on June 26, 2026. Want to learn more about 5574 Inverness Way? Do you have questions about finding other Single Family real estate for sale in Big Lake? You can browse all Big Lake real estate or contact a Coldwell Banker agent to request more information.