Date
Details
Price
Change
Source
11/13/2025
Listed
$850,000
—
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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1/88
$850,000
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Property Description
RARE LAKE GEM! Prime Location & Amazing Value on Sought-After Madison Lake. Welcome to your dream home on Lake Avenue! This expansive, custom-built residence offers a rare combination of space, luxury, and prime location in the desirable Madison Lake area. Designed for the large family or the enthusiastic host, this home truly stands out in the neighborhood. The Highlights: Over 90 Feet of Surveyed Lakeshore! The water is calling! 88' of Hewitt Roll-a-dock with bench included. Lakeshore Improvement READY for Spring: Don't wait for permits! A full lakeshore update permit has already been pulled for next Spring. The property was recently surveyed by ISG (Summer 2025) for a clear, worry-free closing. 5 Bedrooms | 6 Bathrooms (3 Full, 3 Three-Quarter) 4,192 Square Feet of spacious living area 0.61 Acre Lot 2-Car Detached Garage 1-Car Detached Garage Built in 1994 A Home Designed for Entertainment and Comfort: Step inside and discover the grandeur of 14 total rooms, ready to accommodate every facet of your life. The heart of the home is centered around comfort, featuring two cozy fireplaces-one in the main living room for gatherings and a private one in the Master Suite for a luxurious retreat. The enormous square footage ensures no one is left wanting for space. The basement is designed for functionality and fun, boasting a finished lower-level family room , along with a full, partially finished area, egress windows, and ample storage space. Premium Features & Mechanics: This home is move-in ready with modern comforts, including Central Air and Forced Air Heating fueled by Natural Gas. The kitchen is equipped with a full suite of essential appliances: Cooktop, Wall Oven, Refrigerator, Dishwasher, Microwave, and an Exhaust Fan/Hood.
Full Property Details
Full Property Details for 20 Lake Ave
General
- Price: $850,000
- Taxes: $10,426 (2025)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 6816426
- Updated: 12/12/2025
- Added to Site: 65 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Gas, Living Room, Primary Bedroom
- Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 3
- 3/4 Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Dining Room: Informal Dining Room, Kitchen/Dining Room
- Formal Dining Room: Informal Dining Room, Kitchen/Dining Room
Additional Information
- Amenities: Ceiling Fan(s), Dock, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Paneled Doors, Porch, Security System, Boat Slip, Tile Floors, Washer/Dryer Hookup, Wet Bar
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Detached Garage, Asphalt, Concrete, Garage Door Opener, Heated Garage, Insulated Garage, Storage
Location
- County: Blue Earth
- Township: Madison Lake
- Driving Directions: Property can be entered from the north on Hwy 60 or from the south on Lake Ave. The driveway does go conveniently through the property.
School Information
- School District: 2262 - Mankato
- High School District: Mankato
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
- Basement Desc.: Full
- Foundation Size: 1386
- Roof: Age Over 8 Years, Asphalt
- Disability Access: Grab Bars In Bathroom
- Square Feet: 4,158
- Above Ground: 2,772 Sq. Ft.
- Below Ground: 1,386 Sq. Ft.
- Year Built: 1994
Additional Structures
- Other Structures: Garage(s), Workshop
Lot Features
- Lot Size (Acres): 0.612
- Lot Dimensions: 280 x 80
- Frontage: City Street
- Zoning: Residential-Single Family
- Lot Description: Accessible Shoreline
Water Features
- Water Front Desc.: Lakefront
- Water Front Feet: 90
- Lake Front: Yes
- Lake Bottom: Sand
Financial Considerations
- Tax Amount: $10,426
- Tax Year: 2025
- Terms: Conventional, FHA, Cash, Other
Disclosures and Reports
- Legal Description: AUD PLAT OF PT OF LOT 4 E80' OF W94' OF LT 8 & TR LYG & ADJ LT 8 35-109-25 PT GL4 S OF LAKE AV 000 000 00
- Property ID: R140535301019
Listed by Savvy Avenue, LLC
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Listing agent
— 20 Lake Ave —
Savvy Avenue, LLC
NMLS#: 1598647
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Schools
Schools serving 20 Lake Ave
School District:Mankato Public School District
| Name | Grades | Distance |
|---|---|---|
Eagle Lake Elementary School 500 Le Sueur Avenue, Eagle Lake, MN 56024 | K-5 | 4.9 mi |
Prairie Winds Middle School 1200 Prairie Winds Drive, Mankato, MN 56001 | 6-8 | 8.7 mi |
Mankato East Senior High School 2600 Hoffman Road, Mankato, MN 56001 | 9-12 | 8.3 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 20 Lake Ave
Tax History
Tax History for 20 Lake Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,426
—
$702,300
12%
2024
$10,402
49%
$624,300
30%
2021
$6,970
-14%
$479,200
-23%
2023
$8,114
—
$622,500
15%
2023
$8,114
29%
$542,400
20%
2020
$6,294
1%
$451,700
2%
2019
$6,218
3%
$441,300
—
2018
$6,036
9%
$441,300
6%
2017
$5,538
—
$418,100
—
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 20 Lake Ave
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- Single Family
- Active
- Updated 9 days ago
- 6Beds
- 4Total Baths
- 4,528Sq. Ft.
Listed by RE/MAX Results
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 2,402Sq. Ft.
Listed by Action Realty of Mankato
- Single Family
- Active
- Updated 5 hours ago
- 3Beds
- 2Total Baths
- 2,300Sq. Ft.
Listed by Travis Senenfelder (651) 216-9466
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,250Sq. Ft.
Listed by Weichert, REALTORS- Heartland
- Single Family
- Active
- Updated 5 hours ago
- 4Beds
- 3Total Baths
- 2,655Sq. Ft.
Listed by Century 21 Atwood
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 1,716Sq. Ft.
Listed by Century 21 Atwood
- Commercial
- Active
- Updated 4 days ago
- 20,634Sq. Ft.
- 1.04Acres
Listed by Century 21 Atwood
- Single Family
- Active
- Updated 2 days ago
- 5Beds
- 5Total Baths
- 4,823Sq. Ft.
Listed by Century 21 Atwood
- Single Family
- Active
- Updated 3 days ago
- 3Beds
- 1Total Bath
- 1,283Sq. Ft.
Listed by Action Realty of Mankato
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- Single Family
- Closed
- 4Beds
- 3Total Baths
- 3,878Sq. Ft.
Listed by Edina Realty, Inc.
Sold by RE/MAX Advantage Plus
Sold by RE/MAX Advantage Plus
- Single Family
- Closed
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 2,702Sq. Ft.
Listed by JBeal Real Estate Group
Sold by True Real Estate
Sold by True Real Estate
- Single Family
- Closed
- Updated 10 days ago
- 4Beds
- 4Total Baths
- 3,280Sq. Ft.
Listed by RE/MAX Dynamic Agents
Sold by True Real Estate
Sold by True Real Estate
20 Lake Avenue, Madison Lake, MN 56063 (MLS# 6816426) is a Single Family property with 5 bedrooms, 3 full bathrooms and 3 partial bathrooms. 20 Lake Avenue is currently listed for $850,000 and was received on November 13, 2025. Want to learn more about 20 Lake Avenue? Do you have questions about finding other Single Family real estate for sale in Madison Lake? You can browse all Madison Lake real estate or contact a Coldwell Banker agent to request more information.