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$899,900 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 3,134 Sq. Ft.
  • 2 Car Garage
  • Updated 2 days ago
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Location. Location. Location. Don't miss this highly sought-after lakeside property offering main-level living at its finest- and a Lake Riley lifestyle to match. This beautifully updated 3BD/3BA townhome checks every box for the buyer ready to right-size without compromise. The open main level is light and bright, featuring a stunning kitchen, spacious family room, sun-drenched sunroom, private office, large mudroom, and dedicated laundry room that make daily life a breeze. The generous main-floor primary suite offers a private bath with separate tub and shower, plus his-and-her closets. Recent upgrades include brand-new wide-plank oak hardwood floors, new carpet throughout, and fresh interior paint - truly move-in ready. The walk-out lower level adds two additional bedrooms, a full bath, a large family room, and an impressive rec space with generous storage - an often-overlooked necessity, and this one delivers. The Lakeside community is one of the most coveted addresses in the area, with residents enjoying all the benefits of Lake Riley living: deeded lake access, dock and pontoon use, stunning community room, business center, fitness center, and a beautiful pool. Step outside and you're moments from Riley Lake Park - a beloved destination offering a sandy beach with lifeguarded swim area, sand volleyball courts, a playground, picnic shelters, a fishing pier, a public boat launch, basketball courts, and tennis and pickleball courts. The park connects directly to the Minnesota River Bluff LRT Regional Trail- a premier regional trail system perfect for walking, running, and biking year-round. The location couldn't be more convenient: quick access to Hwy 212 puts downtown Minneapolis and MSP International Airport within easy reach. Everyday essentials are minutes away, with Cub Foods, Lunds & Byerlys, Lakewinds Food Co-op, ALDI, and Target all close by, plus an abundance of dining, shopping, and services throughout Chanhassen and the surrounding southwest metro. The next chapter starts here.

Full Property Details for 8736 Lake Riley Dr

General

  • Price: $899,900
  • HOA FEE: $732/month
  • Taxes: $8,164 (2025)
  • Status: Active
  • Type: Townhouse
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7039537
  • Updated: 3/27/2026
  • Added to Site: 4 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Family Room, Gas
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Washer

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Dining Room: Informal Dining Room
  • Formal Dining Room: Informal Dining Room
  • Laundry: Laundry Room, Main Level, Laundry Room, Main Level

Additional Information

  • Amenities: Ceiling Fan(s), Deck, French Doors, Hardwood Floors, Kitchen Center Island, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Patio, Paneled Doors, Porch, In-Ground Sprinkler, Sun Room, Washer/Dryer Hookup, Walk-In Closet
  • Shared Amenities: Beach, Dock, Other
  • Shared Pool: Yes
  • Pool: Yes
  • Pool Description: Below-Ground, Shared

Exterior

  • Porch/Patio/Deck: Front Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached Garage, Driveway - Other Surface, Garage Door Opener

Location

  • County: Carver
  • Township: Chanhassen
  • Subdivision: Lakeside Second Add
  • Driving Directions: Hwy 212 W to 101 S to Lyman Blvd east to Lake Riley Dr to home.

School Information

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

Community

  • Association: Yes
  • Assoc. Name: Gassen
  • Assoc. Fees Include: Beach Access, Dock, Hazard Insurance, Lawn Care, Other, Maintenance Grounds, 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.: Finished, Concrete, Sump Pump, Walk-Out
  • Foundation Size: 1757
  • Disability Access: None
  • Square Feet: 3,134
  • Above Ground: 1,913 Sq. Ft.
  • Below Ground: 1,757 Sq. Ft.
  • Finished Down/Base.: 3,670 Sq. Ft.
  • Year Built: 2013

Lot Features

  • Lot Size (Acres): 0.08
  • Lot Dimensions: 38 x 104 x 38 x 104
  • Frontage: Curbs, Paved Streets, Sidewalks, Street Lights
  • Zoning: Residential-Single Family
  • Lot Description: Light Tree Coverage

Water Features

  • Water Front Desc.: Association Access, Deeded Access, Shared

Financial Considerations

  • Association Fee: $732
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $8,164
  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: SUBDIVISIONNAME LAKESIDE SECOND ADDITION LOT 002 BLOCK 009 SUBDIVISIONCD 25425 SECTION 24 TOWNSHIP 116 RANGE 023
  • Property ID: 254250190

Listed by Edina Realty, Inc.

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— 8736 Lake Riley Dr —

  • Edina Realty, Inc.

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NMLS#: 1598647

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Schools serving 8736 Lake Riley 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
6-83.1 mi
Chanhassen High School
2200 Lyman Boulevard, Chanhassen, MN 55317
9-122.6 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 8736 Lake Riley Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/27/2026
Listed
$899,900
67.3%
MLS
2/27/2014
Sold
$537,900
—
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 8736 Lake Riley Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,164
6%
$750,500
1%
2024
$7,712
2%
$739,700
5%
2023
$7,578
—
$707,700
1%
2023
$7,578
8%
$703,400
18%
2021
$7,014
—
$597,100
4%
2021
$7,014
2%
$573,500
—
2020
$6,854
1%
$573,500
5%
2019
$6,764
-1%
$546,000
1%
2018
$6,848
3%
$538,500
7%
2017
$6,642
-3%
$503,200
—
2016
$6,864
-2%
$503,200
-4%
2015
$6,984
174%
$524,800
265%
2014
$2,546
-20%
$143,900
-17%
2013
$3,164
—
$172,600
—
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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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8736 Lake Riley Drive, Chanhassen, MN 55317 (MLS# 7039537) is a Townhouse property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 8736 Lake Riley Drive is currently listed for $899,900 and was received on March 27, 2026. Want to learn more about 8736 Lake Riley 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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