Dave Ramsey Endorsed Local Provider for 15+ years

Keller Williams Preferred Realty(612) 843-9620Join HHG

1 / 28

18685 Highview AvenueLakeville, MN 55044

$998,500

5 bedrooms · 5 bathrooms · 5,889 finished sq ft · 2.498 acre lot

Schedule a showing

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

Broker ReciprocityListing courtesy of Compass (Cynthia Novacek). MLS #7109430.

© 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

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

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.

Get pre-approved with Ken Rife

See it on the map

Free account

Keep looking at homes

You’ve viewed 7 homes. Sign up free to see every home, save favorites and get new listings first. No spam.

Rather talk to a person? Call or text (612) 843-9620.

Save this home

We’ll keep your saved homes together and let you know if the price changes. No spam.