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$355,000 Just Listed

  • For Sale
  • Active
  • Townhouse
  • 2 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,474 Sq. Ft.
  • 2 Car Garage
  • Updated 4 hours ago
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This move-in ready 2BR/2BA home offers the ease of one-level living in the highly desirable Spinnaker Cove neighborhood, just steps from Markgrafs Lake and miles of scenic private walking trails. The completely updated kitchen shines with granite countertops, a stylish backsplash, stainless steel appliances, updated lighting, and fresh paint. Major updates include a new roof (2025), washer and dryer (2024), and water softener (2024), offering peace of mind for years to come. The spacious main living area features vaulted ceilings and an open, airy feel that flows seamlessly into a sun-filled sunroom with expansive windows providing incredible natural light. From there, step out to the patio-a perfect outdoor retreat. The private primary suite offers a generous bedroom and a beautifully renovated ensuite bath with a tiled walk-in shower. The second bedroom is ideal for guests or a home office and is conveniently located adjacent to a full-tiled bathroom. An oversized two-car garage provides excellent storage and convenience. Enjoy maintenance-free living within walking distance to shopping, dining, parks, trails, and all the amenities Woodbury has to offer. This is the one you've been waiting for-don't miss out!

Full Property Details for 537 Markgrafs Lake Alcove

General

  • Price: $355,000
  • HOA FEE: $360/month
  • Taxes: $2,954 (2026)
  • Status: Active
  • Type: Townhouse
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7029886
  • Updated: 3/4/2026
  • Added to Site: 1 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

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

Additional Information

  • Amenities: Cable, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Natural Woodwork, Patio, In-Ground Sprinkler, Sun Room, Vaulted Ceiling(s), Walk-In Closet

Exterior

  • Porch/Patio/Deck: Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 418
  • Garage Spaces: 2
  • Parking Features: Attached Garage, Asphalt

Location

  • County: Washington
  • Township: Woodbury
  • Driving Directions: From I94, S on Woodbury Dr, E on Markgrafs Lake Dr, Left on Markgrafs Lake Alcove to home

School Information

  • School District: 2291 - Stillwater
  • High School District: Stillwater

Community

  • Association: Yes
  • Assoc. Name: Gassen Management
  • Assoc. Fees Include: Building Exterior, Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Management, Sanitation, 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

  • Foundation Size: 1474
  • Roof: Age 8 Years or Less
  • Disability Access: No Stairs External, No Stairs Internal
  • Square Feet: 1,474
  • Above Ground: 1,474 Sq. Ft.
  • Finished Down/Base.: 1,474 Sq. Ft.
  • Year Built: 1997

Lot Features

  • Lot Size (Acres): 0.067
  • Frontage: Curbs, Paved Streets
  • Zoning: Residential-Single Family
  • Lot Description: Light Tree Coverage

Financial Considerations

  • Association Fee: $360
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $2,954
  • Tax Year: 2026
  • Terms: Conventional, Cash

Disclosures and Reports

  • Legal Description: SUBDIVISIONNAME MARKGRAFS LK CRTS AND CLBS 2ND LOT 4 BLOCK 10 SUBDIVISIONCD 72993 (CIC#89-TENTH SUPP-CREATED 4-11-97 REC'D PLAT 72407)
  • Property ID: 202821320129

Listed by Edina Realty, Inc.

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— 537 Markgrafs Lake Alcove —

  • Edina Realty, Inc.

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NMLS#: 1598647

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

Schools serving 537 Markgrafs Lake Alcove

School District:Stillwater Area Public School District
NameGradesDistance
Lake Elmo Elementary School
11030 Stillwater Boulevard, Lake Elmo, MN 55042
PK-54.3 mi
Oak-Land Middle School
820 Manning Avenue North, Lake Elmo, MN 55042
6-82.3 mi
Stillwater Area High School
5701 Stillwater Boulevard, Stillwater, MN 55082
9-126.6 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 537 Markgrafs Lake Alcove Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/03/2026
Listed
$355,000
7.25%
MLS
3/31/2023
Sold
$331,000
—
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 537 Markgrafs Lake Alcove

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,002
—
$317,100
-8%
2025
$3,002
10%
$343,500
11%
2023
$2,732
—
$309,300
13%
2023
$2,732
5%
$273,500
7%
2021
$2,610
4%
$256,300
5%
2020
$2,508
-16%
$243,300
—
2019
$2,986
-4%
$242,600
6%
2018
$3,116
40%
$228,200
22%
2017
$2,224
1%
$187,400
2%
2016
$2,198
2%
$183,000
1%
2015
$2,160
15%
$180,700
31%
2014
$1,874
—
$138,400
—
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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537 Markgrafs Lake Alcove, Woodbury, MN 55129 (MLS# 7029886) is a Townhouse property with 2 bedrooms, 1 full bathroom and 1 partial bathroom. 537 Markgrafs Lake Alcove is currently listed for $355,000 and was received on March 03, 2026. Want to learn more about 537 Markgrafs Lake Alcove? Do you have questions about finding other Townhouse real estate for sale in Woodbury? You can browse all Woodbury real estate or contact a Coldwell Banker agent to request more information.

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