18423 Italy AvenueLakeville, MN 55044
$489,900
5 bedrooms · 3 bathrooms · 3,133 finished sq ft · 0.999 acre lot
About this home
The Perfect Blend of Country Space & City Convenience. A thoughtfully designed home with an addition that adds a huge Upstairs Primary Suite with plenty of space to unwind, design your dream closet, and create a true master sanctuary. The spiral staircase leads from the primary suite to the basement entertainment room. If you have thought of going off-grid, come and make this one your own! This home is situated on a rare, almost one-acre lot in the heart of Lakeville and offers the space, privacy, and peaceful lifestyle you’ve been searching for. It is on a small dirt road off of 185th Street, has a well and septic (no water bill), and space for a huge garden. Bird watching and wildlife abound! This home features 4 bedrooms upstairs and one downstairs, a three-season porch ready for you to finish, a deck off the garage, third family room area, and a downstairs bathroom all ready for your finishing touches. The oversized 2-car garage, walkout basement and built in shelving in the living room just add to the charm of this country home. Many big-ticket structural upgrades have already been completed within the last three years including newer roof and durable, freshly painted siding. Majority of the windows have been recently replaced. The septic system is working but will need replacement due to the age. Location is everything! This property feeds into some of the highest-rated schools in the state, making it an incredible long-term investment for your family.
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 1965
- Bedrooms
- 5
- Bathrooms
- 3
- Finished sq ft
- 3,133
- Lot
- 0.999 acres
- Garage
- 2 stalls
- Basement
- Walk-Out Access, Finished, Full
- Heating
- Natural Gas, Forced Air
- Cooling
- Ceiling Fan(s), Central Air
- Property taxes
- $4,918 a year
- Listed
- September 30, 2026
- MLS number
- 7152619
Listing courtesy of Friemann Real Estate Services, Inc (Brenda R Hanson). MLS #7152619.
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How it compares
18423 Italy Avenue, Lakeville, MN 55044 is a 5-bedroom single-family home built in 1965, listed for $489,900 on September 30, 2026 by Friemann Real Estate Services, Inc. That is in the middle range of the 181 single-family homes for sale in Lakeville right now (median $599,000; $156 per square foot here against $203 for the group). That works out to $156 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.
The location
- Lakeville community guideSchools, commutes, parks, home values and local stories.
- Lakeville housing market, September 2026Homes sold for a median $510,000 over 12 months (+2.0%), 58 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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