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$875,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 3,041 Sq. Ft.
  • 3 Car Garage
  • Updated 23 hours ago

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

Saturday 4/11 1:00 PM - 3:00 PM

15255 Flag Avenue S,Prior Lake, MN 55372

15255 Flag Avenue SPrior LakeMN55372

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  • Open House: 11:00 AM - 12:30 PM

    Sunday 4/12 11:00 AM - 12:30 PM

    15255 Flag Avenue S,Prior Lake, MN 55372
    15255 Flag Avenue SPrior LakeMN55372
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Rarely does a property like this come to market. Set on nearly two acres, this private peninsula on Cates Lake offers over 700 feet of shoreline and stunning 270-degree panoramic water views. Enjoy the ultimate Northwoods lifestyle with the convenience of in-town living just minutes from shops, dining, and schools. This thoughtfully designed 3-bedroom home with a dedicated office is ideal for year-round enjoyment. Summer days are spent swimming off the dock, paddleboarding across calm waters, or relaxing in the screened gazebo as the sun sets. Entertain with ease on the expansive deck, while fall brings vibrant color reflections across the lake. In winter, embrace broomball on the ice and direct access to snowmobiling right from your property. Inside, a fully remodeled gourmet kitchen anchors the home-featuring striking Calacatta quartz countertops and backsplash, under-cabinet lighting, a 6-burner gas range with vent hood, and an impressive eight-foot island designed for gathering. The sunroom with gas fireplace provides a warm, inviting space to take in peaceful sunrise views year-round. A rare opportunity to own a legacy property offering privacy, panoramic views, and an unmatched lake lifestyle-all in a convenient location.

Full Property Details for 15255 Flag Ave S

General

  • Price: $875,000
  • Taxes: $7,688 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7032427
  • Updated: 4/9/2026
  • Added to Site: 2 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Gas, Wood-Burning
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Rooms

Bathrooms

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

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Dining Room: Kitchen/Dining Room
  • Formal Dining Room: Kitchen/Dining Room
  • Laundry: Main Level, Main Level

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 22 x 31
  • Garage Spaces: 3
  • Parking Features: Attached Garage

Location

  • County: Scott
  • Township: Savage
  • Subdivision: Cates Country Estates
  • Driving Directions: Hwy 13 to 152nd St W, left to Flag Ave S, right to home.

School Information

  • School District: 2232 - Prior Lake-Savage Area Schools
  • High School District: Prior Lake-Savage Area Schools

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

  • Exterior Const.: Block
  • Basement: Yes
  • Basement Desc.: Block
  • Foundation Size: 1919
  • Roof: Age 8 Years or Less, Asphalt
  • Disability Access: None
  • Square Feet: 3,041
  • Above Ground: 1,919 Sq. Ft.
  • Below Ground: 1,242 Sq. Ft.
  • Finished Down/Base.: 3,161 Sq. Ft.
  • Year Built: 1986

Additional Structures

  • Other Structures: Gazebo

Lot Features

  • Lot Size (Acres): 9.61
  • Lot Dimensions: 334 x 959 x 1214 x 336
  • Frontage: City Street, Curbs, Paved Streets
  • Zoning: Residential-Single Family
  • Lot Description: Accessible Shoreline, Heavy Tree Coverage

Water Features

  • Water Front Desc.: Lakefront
  • Water Front Feet: 700
  • Water Front Elev.: 4-10
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $7,688
  • Tax Year: 2025
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: SUBDIVISIONNAME CATES COUNTRY ESTATES LOT 011 SUBDIVISIONCD 26029
  • Property ID: 260290140

Listed by Edina Realty, Inc.

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— 15255 Flag Ave S —

  • Edina Realty, Inc.

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NMLS#: 1598647

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NMLS#: 1598647

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Find the right home insurance for your new home!

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 15255 Flag Ave S

School District:Prior Lake-Savage Area Schools
NameGradesDistance
Hamilton Ridge Elementary School
8100 157th Street, Savage, MN 55378
K-50.7 mi
Hidden Oaks Middle School
15855 Fish Point Road, Prior Lake, MN 55372
6-80.7 mi
Prior Lake High School
7575 150th Street West, Savage, MN 55378
9-120.7 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 15255 Flag Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/09/2026
Listed
$875,000
47.06%
MLS
9/11/2020
Sold
$595,000
—
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 15255 Flag Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,332
—
$719,100
6%
2024
$7,332
2%
$677,800
4%
2023
$7,158
—
$649,900
—
2022
$7,172
7%
$649,900
15%
2021
$6,732
5%
$563,800
18%
2020
$6,390
—
$478,800
-7%
2020
$6,390
4%
$516,800
19%
2019
$6,116
-5%
$436,000
—
2018
$6,454
-3%
$434,500
-6%
2017
$6,674
3%
$463,000
5%
2016
$6,484
-2%
$441,100
—
2015
$6,598
1%
$441,100
8%
2014
$6,544
6%
$409,800
9%
2013
$6,148
—
$376,700
—
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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Listed by Edina Realty, Inc.

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15255 Flag Avenue S, Prior Lake, MN 55372 (MLS# 7032427) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 15255 Flag Avenue S is currently listed for $875,000 and was received on April 08, 2026. Want to learn more about 15255 Flag Avenue S? Do you have questions about finding other Single Family real estate for sale in Prior Lake? You can browse all Prior Lake real estate or contact a Coldwell Banker agent to request more information.

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