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$527,500 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 2.25 Acres
  • Updated 5 days ago
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Remarkable opportunity to design and build a dream home at The Peninsula at Lake O'Dowd development. Featuring 14 heavily wooded homesites, The Peninsula offers the perfect combination of privacy on a fully recreational lake along with stunning luxury homes from an award winning firm: Sustainable 9 Design + Build. This lot features 804 feet of lakeshore along with options for installing a dock on either the west or east side of the lot. Depending upon the final design of the home, there's a possibility for a lookout or walkout lower level. Land and build packages start at $2.0m.

Full Property Details for 981 Peninsula Point Rd

General

  • Price: $527,500
  • HOA FEE: $59/month
  • Taxes: $6,066 (2026)
  • Status: Active
  • Type: Lots/Land
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7043256
  • Updated: 3/26/2026
  • Added to Site: 5 day(s) ago

Location

  • County: Scott
  • Township: Shakopee
  • Subdivision: Westridge Lake Estates 3rd Add
  • Driving Directions: W 150th Street to Westridge Dr, North to Vista Ridge Ln, East/Right to Peninsula Point Road, North to Property

School Information

  • School District: 2235 - Shakopee
  • High School District: Shakopee

Community

  • Community Name: The Peninsula at Lake O'Dowd
  • Association: Yes
  • Assoc. Name: Westridge Lake Estates
  • Assoc. Fees Include: Other

Utilities

  • Utility Description: Broadband Available, Broadband Connected, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Private Septic Available, Shared Well Ava

Structural Information

  • Builder: SUSTAINABLE 9 DESIGN & BUILD

Lot Features

  • Lot Size (Acres): 2.25
  • Lot Dimensions: 278 x 431 x 129 x 511
  • Frontage: City Street, Cul-de-Sac, Curbs, No Outlet/Dead End, Paved Streets, Street Lights
  • Development Status: Finished Lot(s)
  • Zoning: Residential-Single Family
  • Lot Description: Island/Peninsula, Heavy Tree Coverage, Underground Utilities

Water Features

  • Water Front Desc.: Lakefront
  • Water Front Feet: 804
  • Water Front Elev.: 26-40
  • Lake Front: Yes
  • Lake Bottom: Reeds, Sand, Soft

Financial Considerations

  • Association Fee: $59
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $6,066
  • Tax Year: 2026

Disclosures and Reports

  • Legal Description: SECTION 30 TOWNSHIP 115 RANGE 022 SUBDIVISIONNAME WESTRIDGE LAKE ESTATES 3RD ADDN LOT 002 BLOCK 003 SUBDIVISIONCD 27412
  • CC&Rs: Yes
  • Restrictions: Closed
  • Inclusions: Easements, Platted, Survey, Survey Stakes
  • Property ID: 274120120

Listed by Harker & Woods

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— 981 Peninsula Point Rd —

  • Harker & Woods

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

Request a Quote

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

Schools serving 981 Peninsula Point Rd

School District:Shakopee Public School District
NameGradesDistance
Sweeney Elementary School
1001 Adams Street South, Shakopee, MN 55379
K-53.6 mi
Shakopee West Junior High School
200 10th Avenue East, Shakopee, MN 55379
6-83.4 mi
Shakopee Senior High School
100 17th Avenue West, Shakopee, MN 55379
9-123.2 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 981 Peninsula Point Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/26/2026
Listed
$527,500
27.11%
MLS
4/28/2022
Sold
$415,000
—
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 981 Peninsula Point Rd

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,744
—
$460,700
-2%
2024
$5,744
-2%
$470,200
5%
2023
$5,872
—
$447,700
—
2022
$5,844
10%
$447,700
17%
2021
$5,320
-10%
$383,600
7%
2020
$5,896
—
$359,600
-3%
2020
$5,896
76%
$371,500
90%
2019
$3,344
-3%
$195,800
—
2018
$3,456
2%
$195,800
—
2017
$3,390
-4%
$195,800
—
2016
$3,518
16%
$195,800
—
2015
$3,044
-8%
$195,800
—
2014
$3,304
-4%
$195,800
—
2013
$3,446
—
$195,800
—
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 Harker & Woods

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981 Peninsula Point Road, Shakopee, MN 55379 (MLS# 7043256) is a Lots/Land property with a lot size of 2.25 acres. 981 Peninsula Point Road is currently listed for $527,500 and was received on March 26, 2026. Want to learn more about 981 Peninsula Point Road? Do you have questions about finding other Lots/Land real estate for sale in Shakopee? You can browse all Shakopee real estate or contact a Coldwell Banker agent to request more information.

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