16551 Franklin Trail SEPrior Lake, MN 55372
$330,000
3 bedrooms · 2 bathrooms · 1,845 finished sq ft · 0.27 acre lot
About this home
Welcome to this 3-bedroom, 2-bath home in a convenient Prior Lake location, offering 1,845 finished square feet of comfortable living space. The main level features a bright living room, a kitchen with white cabinetry, a peninsula for extra counter space and a window over the sink, and an adjoining dining area with plenty of natural light. Two bedrooms and an updated full bath with a crisp tile surround and modern vanity complete this level. Downstairs, the spacious lower level is made for gathering, with a large family room anchored by a gas fireplace, a separate rec room or flex space with its own brick hearth, a third bedroom, and a 3/4 bath. A walkout from the lower level leads to a patio and a fully fenced, private backyard surrounded by beautiful mature trees, a great setting for fires, gardening, and outdoor entertaining. A 2-car attached garage with workshop space adds everyday convenience, and the unfinished laundry and mechanical room offers additional storage space. With room to spread out inside and out, this home is ready for its next owner to make it their own. Plus, enjoy an unbeatable location within walking distance of downtown Prior Lake, Lakefront Park, Charlie’s On Prior, and the lake itself, with great restaurants, shopping, parks, beaches, and all that Prior Lake has to offer.
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 1976
- Bedrooms
- 3
- Bathrooms
- 2
- Finished sq ft
- 1,845
- Lot
- 0.27 acres
- Garage
- 2 stalls
- Basement
- Walk-Out Access, Finished, Full
- Heating
- Natural Gas, Forced Air, Fireplace(s)
- Cooling
- Central Air
- Property taxes
- $4,356 a year
- Listed
- October 13, 2026
- MLS number
- 7146257
Listing courtesy of Keller Williams Preferred Rlty (Cedar Haven Real Estate Group). MLS #7146257.
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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.
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, 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.
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How it compares
16551 Franklin Trail SE, Prior Lake, MN 55372 is a 3-bedroom single-family home built in 1976, listed for $330,000 on October 13, 2026 by Keller Williams Preferred Rlty. That is in the lower quarter of the 52 single-family homes for sale in Prior Lake right now (median $699,900; $179 per square foot here against $208 for the group). That works out to $179 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 9:09 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Prior Lake community guideSchools, commutes, parks, home values and local stories.
- Prior Lake housing market, September 2026Homes sold for a median $500,000 over 12 months (+2.3%), 62 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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