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$499,900 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 6 Beds
  • 2 Partial Baths
  • 1,992 Sq. Ft.
  • 3 Car Garage
  • Updated 6 days ago
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OPPORTUNITY KNOCKS! Designed and built as an "Assisted Living Facility" in a wonderful Lakeville Community! Unique layout with separation of bedrooms for the occupants privacy and convenience. The center kitchen was designed for serving occupants with efficiency. Wheel chair living with roll in showings, doors 36+, halls 42+, ceiling lift, and ramp in the 3 car garage for easy access. The 6 bedrooms all on main level. This can be converted to a single family home for anyone with a special needs family member. Across the street from a park with playground equipment. The unfinished walkout basement has multiple possibilities--future family room, 2 bedrooms or offices, a rough in bathroom and area for a kitchenette. Great location! Just 1/2 to Cedar Ave. and 10 minutes to downtown Lakeville with its theatre, restaurants., and more. 12 minutes to Lake Marion.

Full Property Details for 7166 205th St W

General

  • Price: $499,900
  • Taxes: $6,135 (2025)
  • Status: Pending
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7037007
  • Updated: 4/2/2026
  • Added to Site: 27 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Eat-in kitchen: Yes
  • Dining Room: Eat-In Kitchen
  • Formal Dining Room: Eat In Kitchen
  • Laundry: Main Level, Main Level

Additional Information

  • Amenities: Main Floor Primary Bedroom, Porch, In-Ground Sprinkler, Washer/Dryer Hookup

Exterior

  • Porch/Patio/Deck: Front Porch

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Parking Features: Attached Garage, Concrete, Garage Door Opener

Location

  • County: Dakota
  • Township: Lakeville
  • Subdivision: Spyglass 2nd Add
  • Driving Directions: Cedar Ave S to 205th St. East to home

School Information

  • School District: 934 - Farmington
  • High School District: Farmington

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Fireplace(s)
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Exterior Const.: Block
  • Basement: Yes
  • Basement Desc.: Block, Daylight/Lookout Windows, Drain Tiles, Egress Window(s), Full, Sump Pump, Unfinished, Walk-Out
  • Foundation Size: 1992
  • Roof: Age 8 Years or Less
  • Disability Access: Doors 36"+, Fully Wheelchair, Grab Bars In Bathroom, Hallways 42"+, Door Lever Handles, Wheelchair Ramp(s), Roll-In Shower
  • Square Feet: 1,992
  • Above Ground: 1,992 Sq. Ft.
  • Below Ground: 1,992 Sq. Ft.
  • Finished Down/Base.: 3,984 Sq. Ft.
  • Year Built: 2010

Lot Features

  • Lot Size (Acres): 0.266
  • Lot Dimensions: irregular
  • Frontage: City Street
  • Zoning: Residential-Single Family
  • Lot Description: Light Tree Coverage

Financial Considerations

  • Tax Amount: $6,135
  • Tax Year: 2025
  • Terms: Conventional Rehab, Cash

Disclosures and Reports

  • Legal Description: SPYGLASS 2ND ADDITION 2 2
  • Property ID: 227145102020

Listed by Re/Max Advantage Plus

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— 7166 205th St W —

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Schools serving 7166 205th St W

School District:Farmington Area Public Schools
NameGradesDistance
Meadowview Elementary School, Farmington, MN
6100 195th Street West, Farmington, MN 55024
K-51.4 mi
Robert Boeckman Middle School
800 Denmark Avenue, Farmington, MN 55024
6-83 mi
Farmington High School
20655 Flagstaff Avenue, Farmington, MN 55024
9-120.3 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 7166 205th St W Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/20/2026
Listed
$499,900
68.22%
MLS
8/26/2020
Sold
$297,179
—
Public Record
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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 7166 205th St W

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,160
—
$473,300
-1%
2024
$5,160
1%
$479,100
2%
2022
$5,114
—
$469,600
21%
2023
$5,114
5%
$387,600
—
2022
$4,882
-6%
$388,800
1%
2020
$5,174
5%
$383,800
5%
2019
$4,949
3%
$365,000
5%
2018
$4,809
—
$346,900
3%
2017
$4,806
-3%
$335,700
1%
2016
$4,954
9%
$332,600
2%
2015
$4,529
3%
$326,700
8%
2014
$4,407
—
$301,500
5%
2013
$4,406
—
$286,700
—
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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7166 205th Street W, Lakeville, MN 55044 (MLS# 7037007) is a Single Family property with 6 bedrooms, 0 full bathrooms and 2 partial bathrooms. 7166 205th Street W is currently listed for $499,900 and was received on March 13, 2026. Want to learn more about 7166 205th Street W? Do you have questions about finding other Single Family real estate for sale in Lakeville? You can browse all Lakeville real estate or contact a Coldwell Banker agent to request more information.

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