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16497 Franklin Trail SEPrior Lake, MN 55372

$369,900

3 bedrooms · 2 bathrooms · 1,800 finished sq ft · 0.309 acre lot

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About this home

*****Seller is offering $8,000 toward Buyer’s closing costs, subject to lender approval, plus a one-year home warranty. Seller will also do a one year-1% buy down on the interest rate for the first year. ***** Welcome to a home full of warmth, character, and easy one-level living! This custom-built, three-bedroom, two-bath rambler offers a versatile layout with vaulted, wood-beamed ceilings and a striking two-sided Chicago brick gas fireplace that brings a cozy feel to the living spaces. The open living and dining area makes gathering easy, while the inviting hearth room off the kitchen offers space for dining, relaxing, or a second sitting area. The kitchen features brushed granite countertops, appliances and a garbage disposal updated in 2023, and generous cabinet storage. A wall of east-facing windows, a long built-in bench, and access to the patio create a welcoming connection to the outdoors. Enjoy the spacious, fenced backyard backing to green space, with room to garden, gather around the firepit, or simply unwind. Thoughtful improvements include a natural gas boiler installed in 2021, a water heater replaced in December 2021, updated flooring in the living room and back bedroom, front picture and kitchen windows replaced in September 2025, a new chimney in 2024, and a new shed in 2025. A water softener was installed in 2026, and a mini-split is planned for the third bedroom before closing. Main-level laundry and an oversized two-car garage add everyday convenience. With its distinctive character and comfortable spaces, this Prior Lake home is a lovely alternative to townhome living!

Home facts

Home type
Single-family home
Style
Single Family Residence
Year built
1979
Bedrooms
3
Bathrooms
2
Finished sq ft
1,800
Lot
0.309 acres
Garage
2 stalls
Basement
None
Heating
Natural Gas
Cooling
Ceiling Fan(s), Central Air, Ductless
Property taxes
$3,786 a year
Listed
September 29, 2026
MLS number
7150399

Broker ReciprocityListing courtesy of RE/MAX Advantage Plus (Joel Lambert). MLS #7150399.

© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.

Broker ReciprocityThe 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, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 3, 2026 at 10:01 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.

How it compares

16497 Franklin Trail SE, Prior Lake, MN 55372 is a 3-bedroom single-family home built in 1979, listed for $369,900 on September 29, 2026 by RE/MAX Advantage Plus. That is in the lower quarter of the 52 single-family homes for sale in Prior Lake right now (median $699,900; $206 per square foot here against $208 for the group). That works out to $206 per finished square foot.

Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

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