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$475,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 3 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,918 Sq. Ft.
  • 2 Car Garage
  • Updated 3 hours ago

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Open House: 1:00 PM - 3:00 PM

Sunday 2/22 1:00 PM - 3:00 PM

8728 N Bay Drive,Chanhassen, MN 55317

8728 N Bay DriveChanhassenMN55317

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Welcome home to this exceptional detached townhome in the heart of Chanhassen, where low-maintenance living meets an incredible lakeside lifestyle. Enjoy private beach access to beautiful Lake Riley, complete with kayak rentals and the rare opportunity to secure one of three boat slips available through a community lottery. Spend your summers on the water and your evenings relaxing in your own peaceful retreat. Inside, this thoughtfully designed 3-bedroom, 2-bath home offers a spacious open-concept main level with soaring ceilings, luxury vinyl plank flooring, and a cozy gas fireplace that anchors the living area. The bright white kitchen features stainless steel appliances, abundant cabinetry, and seamless flow into the dining space - ideal for both everyday living and entertaining. Step out from the dining room onto the large, maintenance-free deck, the perfect setting for morning coffee, summer grilling, or gathering with friends. Upstairs, you'll find two generously sized bedrooms and a full bathroom. The finished lower level expands your living space with a third bedroom, a ¾ bath, and an additional family room - perfect for movie nights, a play area, workout space, or home office. The large garage offers plenty of storage space along with durable, sleek epoxy flooring ideal for keeping everything organized while adding a polished finish. With private lake access, versatile living spaces, quality finishes, and true move-in-ready appeal, this home delivers comfort, convenience, and the best of Minnesota lake living all in a prime Chanhassen location. Your lake lifestyle starts here.

Full Property Details for 8728 N Bay Dr

General

  • Price: $475,000
  • HOA FEE: $230/month
  • Taxes: $4,168 (2024)
  • Status: Active
  • Type: Townhouse
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6804405
  • Updated: 2/18/2026
  • Added to Site: 5 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas, Living Room
  • Appliances: Dishwasher, Disposal, Dryer, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Dining Room: Kitchen/Dining Room, Living/Dining Room
  • Formal Dining Room: Kitchen/Dining Room, Living/Dining Room

Additional Information

  • Amenities: Deck, Kitchen Window, Vaulted Ceiling(s)
  • Shared Amenities: Beach, Dock

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached Garage, Garage Door Opener

Location

  • County: Carver
  • Township: Chanhassen
  • Subdivision: North Bay 2nd Add
  • Driving Directions: Lyman Blvd E to Lakeview N to North Bay Drive to home on left.

School Information

  • School District: 686 - Eastern Carver County Schools
  • High School District: Eastern Carver County Schools

Community

  • Association: Yes
  • Assoc. Name: Cities Management
  • Assoc. Fees Include: Beach Access, Dock, Lawn Care, Professional Management, Sanitation, Shared Amenities, Snow Removal

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, Egress Window(s), Finished
  • Foundation Size: 1192
  • Roof: Architectural Shingle
  • Disability Access: None
  • Square Feet: 1,918
  • Above Ground: 1,328 Sq. Ft.
  • Below Ground: 596 Sq. Ft.
  • Year Built: 1998

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Dimensions: Common
  • Frontage: Curbs, Paved Streets
  • Zoning: Residential-Single Family
  • Lot Description: Accessible Shoreline, Light Tree Coverage

Water Features

  • Water Front Desc.: Deeded Access

Financial Considerations

  • Association Fee: $230
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $4,168
  • Tax Year: 2024
  • Terms: Conventional, VA, FHA, Cash

Disclosures and Reports

  • Legal Description: SUBDIVISIONNAME NORTH BAY 2ND ADDITION LOT 007 BLOCK 003 SUBDIVISIONCD 25554 SECTION 13 TOWNSHIP 116 RANGE 023
  • Property ID: 255540370

Listed by Edina Realty, Inc.

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Listing agents

— 8728 N Bay Dr —

  • Edina Realty, Inc.

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Schools serving 8728 N Bay Dr

School District:Eastern Carver County Public Schools
NameGradesDistance
Chanhassen Elementary School
7600 Laredo Drive, Chanhassen, MN 55317
K-51.5 mi
Pioneer Ridge Middle School
1085 Pioneer Trail, Chaska, MN 55318
6-83 mi
Chanhassen High School
2200 Lyman Boulevard, Chanhassen, MN 55317
9-122.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8728 N Bay Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/18/2026
Listed
$475,000
13.64%
MLS
5/01/2023
Sold
$418,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8728 N Bay Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,168
-1%
$457,900
12%
2024
$4,204
2%
$409,400
—
2023
$4,120
—
$408,400
1%
2023
$4,120
13%
$404,100
24%
2021
$3,638
3%
$325,600
8%
2020
$3,536
—
$300,700
5%
2019
$3,528
1%
$286,300
4%
2018
$3,504
21%
$276,200
28%
2017
$2,906
-5%
$216,200
-2%
2016
$3,064
8%
$220,700
4%
2015
$2,850
8%
$212,600
20%
2014
$2,644
1%
$176,700
-6%
2013
$2,608
—
$187,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Edina Realty, Inc.

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8728 N Bay Drive, Chanhassen, MN 55317 (MLS# 6804405) is a Townhouse property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 8728 N Bay Drive is currently listed for $475,000 and was received on February 13, 2026. Want to learn more about 8728 N Bay Drive? Do you have questions about finding other Townhouse real estate for sale in Chanhassen? You can browse all Chanhassen real estate or contact a Coldwell Banker agent to request more information.

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