15255 Flag Avenue S, Prior Lake, MN 55372

$941,000
3
BD
3
BA
3,041
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$941,000
List Price
$875,000
Days on Market
61
Closing Date
Jun 08, 2026
MLS#
7032427
Status
CLOSED
Type
Single Family Residential
Bedrooms
3
Bathrooms
3
Living Area
3,041
Acres
9.61
Subdivision
Cates Country Estates
Year Built
1986

Property Description

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.

Additional Information

Subtype
Single Family
School District
Prior Lake-Savage Area Schools
Appliances
Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Tax Year
2025
Waterfront Features
Lake Front
Fuel
Natural Gas
Lot Description
Accessible Shoreline, Tree Coverage - Heavy
Water Body Name
Cate's or Hidden
Sewer
City Sewer/Connected
Roof
Age 8 Years or Less, Asphalt
Air Conditioning
Central Air
Heating
Forced Air
Water
City Water/Connected
Out Buildings
Gazebo
Basement
Block
Parking
Attached Garage
Garage Spaces
3

The most accurate online home estimate

Why should I get my free home value report?

A home value report is a more accurate assessment of your home's current market value.

Boardwalk Premier Realty homes estimator evaluates your homes total package, including,

Location, Condition, and current market conditions. 

Find out How much your home worth?

Sell my home fast.

Cash offers.

No obligation property value check.

...get instant property value now! 

 

We can help you get where you want to be fast.

 

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Edina Realty, Inc..

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.