18685 Highview AvenueLakeville, MN 55044
$998,500
5 bedrooms · 5 bathrooms · 5,889 finished sq ft · 2.498 acre lot
About this home
Nearly 6,000 Finished Sq Ft on 2.5 Private Acres in Central Lakeville — Priced to Invest!! This is the Lakeville property that shouldn't exist at this price. 5 bedrooms. 5 bathrooms. Nearly 6,000 finished square feet of brick-front living on 2.5 private acres — not 30 minutes outside of town, but in Lakeville, minutes from top-rated schools, dining, and shopping. At under $170 per square foot, this home is priced well below the Lakeville market average — and it sits on acreage that, on its own, carries significant value in today's land-scarce market. The bones here are exceptional. A 35-year architectural roof (8 years in), LP SmartSide siding (3 yo), dual-zone HVAC (1 unit is newer), a road-grade driveway, irrigation system(irrigation system runs from the well, the house is city water/sewer), and a finished insulated 3-car garage with high ceilings built for more than just parking. Inside, vaulted ceilings and hardwood floors anchor a main-level layout where every daily living function is on one floor. The walkout lower level is built for entertaining — a large wet bar, generous gathering space, and room to grow. This home is being offered at a price that gives its next owner real room to personalize and add value. Bring your vision for the kitchen. Reimagine the primary bath. Update finishes to your taste — and know that the structural investments, the mechanicals, and the acreage have already been handled. You're not buying a fixer. You're buying a canvas with a foundation that most new builds can't match — at a price per square foot that new construction in Lakeville can't touch. Properties with this combination of space, land, and location don't come to market often. When they do, they don't come at this number.
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 1996
- Bedrooms
- 5
- Bathrooms
- 5
- Finished sq ft
- 5,889
- Lot
- 2.498 acres
- Garage
- 3 stalls
- Basement
- Walk-Out Access, Finished, Full
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air, Zoned
- Property taxes
- $10,646 a year
- Listed
- July 15, 2026
- MLS number
- 7109430
Listing courtesy of Compass (Cynthia Novacek). MLS #7109430.
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How it compares
18685 Highview Avenue, Lakeville, MN 55044 is a 5-bedroom single-family home built in 1996, listed for $998,500 on July 15, 2026 by Compass. That is in the upper quarter of the 181 single-family homes for sale in Lakeville right now (median $599,000; $170 per square foot here against $203 for the group). That works out to $170 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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