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.
Active
$850,000
20 Lake Ave, Madison Lake, MN 56063
5beds
4,158sqft
Est.:
Residential
Built in 1994
0.61 Acres Lot
$-- Zestimate®
$204/sqft
$-- HOA
What's special
Two cozy fireplacesFinished lower-level family roomCentral airExpansive custom-built residence
- 27 days |
- 668 |
- 14 |
Zillow last checked: 8 hours ago
Listing updated: December 08, 2025 at 03:07pm
Listed by:
Moe Mossa 888-490-1268,
Savvy Avenue, LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6816426
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 3
- 3/4 bathrooms: 3
Bedroom
- Level: Main
- Area: 104 Square Feet
- Dimensions: 13x8
Bedroom 2
- Level: Upper
- Area: 286 Square Feet
- Dimensions: 22x13
Bedroom 3
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 4
- Level: Upper
- Area: 165 Square Feet
- Dimensions: 15x11
Bedroom 5
- Level: Basement
- Area: 72 Square Feet
- Dimensions: 9x8
Dining room
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Family room
- Level: Basement
- Area: 589 Square Feet
- Dimensions: 31x19
Kitchen
- Level: Main
- Area: 297 Square Feet
- Dimensions: 27x11
Laundry
- Level: Main
- Area: 49 Square Feet
- Dimensions: 7x7
Living room
- Level: Main
- Area: 384 Square Feet
- Dimensions: 32x12
Other
- Area: 24 Square Feet
- Dimensions: 4x6
Other
- Level: Main
- Area: 266 Square Feet
- Dimensions: 19x14
Utility room
- Level: Basement
- Area: 429 Square Feet
- Dimensions: 39x11
Walk in closet
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12x10
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned
Features
- Basement: Full
- Number of fireplaces: 2
- Fireplace features: Gas, Living Room, Primary Bedroom
Interior area
- Total structure area: 4,158
- Total interior livable area: 4,158 sqft
- Finished area above ground: 2,772
- Finished area below ground: 1,386
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Concrete, Garage Door Opener, Heated Garage, Insulated Garage, Storage
- Garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Grab Bars In Bathroom
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Has view: Yes
- View description: Bay, Lake
- Has water view: Yes
- Water view: Bay,Lake
- Waterfront features: Lake Front, Lake Bottom(Sand)
- Frontage length: Water Frontage: 90
Lot
- Size: 0.61 Acres
- Dimensions: 280 x 80
- Features: Accessible Shoreline
Details
- Additional structures: Workshop
- Foundation area: 1386
- Parcel number: R140535301019
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential
Materials
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1994
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Madison Lake
Financial & listing details
- Price per square foot: $204/sqft
- Tax assessed value: $624,300
- Annual tax amount: $10,426
- Date on market: 11/13/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Listed for sale | $850,000$204/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6816426 Report a problem | ||
| 11/11/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/23/2025 | Listed for sale | $850,000-5.5%$204/sqft |
Source: Owner Report a problem | ||
| 8/27/2023 | Listing removed | -- |
Source:  RASM #7032317 Report a problem | ||
| 6/15/2023 | Price change | $899,000-5.3%$216/sqft |
Source: RASM #7032317 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,402 +28.2% | $624,300 +0.3% |
| 2023 | $8,114 +10.1% | $622,500 +14.8% |
| 2022 | $7,368 +5.7% | $542,400 +13.2% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$5,129/mo
Principal & interest
$4137
Property taxes
$694
Home insurance
$298
Climate risks
Neighborhood: 56063
Nearby schools
GreatSchools rating
- 8/10Eagle Lake Elementary SchoolGrades: K-5Distance: 4.9 mi
- 5/10Prairie Winds Middle SchoolGrades: 6-8Distance: 8.7 mi
- 6/10Mankato East Senior High SchoolGrades: 9-12Distance: 8.3 mi
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