20374 Kensington WayLakeville, MN 55044
$484,900
5 bedrooms · 4 bathrooms · 2,806 finished sq ft · 0.346 acre lot
About this home
Beautiful two story home showcasing warm, inviting spaces and a thoughtful blend of updates and classic comfort. The main level features a bright living room with large windows, a cozy fireplace with built-ins, and seamless flow into the dining area- perfect for everyday living and entertaining. The kitchen offers ample cabinetry, stainless appliances, granite countertops, walk-in-pantry, and a functional layout with window views of the spacious backyard. Upstairs, you’ll find four well sized bedrooms, all equipped with ceiling fans, great natural light and clean, neutral finishes. The primary suite includes its own private bath with dual sinks, and generous walk-in closet. The three additional bedrooms provide additional space for family, guests, or a home office with a full bathroom to service all. The finished lower level adds valuable living space with a large family room that can accommodate various furniture arrangements, a flex space, the 5th bedroom, and 3/4 bath. The lower level is ideal for movie nights, hosting guests, or creating a dedicated entertainment zone. Outside, the home features a beautifully maintained exterior with roof, siding, and windows that reflect thoughtful upkeep. The deck off the kitchen along with the large patio and pergola, provide multiple areas to gather and entertain or relax. The backyard is so large and offers space for garden beds and other outdoor projects. A heated two car garage with epoxy flooring is a nice upgrade that offers durability and convenience year-round & note a parking pad on side of garage that provides additional parking space. Set in a quiet neighborhood near Lake Marion, parks, trails, and shopping, this home offers a perfect mix of comfort, room to grow, and easy access to daily amenities. This is a fantastic home that is move-in-ready!
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 1994
- Bedrooms
- 5
- Bathrooms
- 4
- Finished sq ft
- 2,806
- Lot
- 0.346 acres
- Garage
- 2 stalls
- Basement
- Block, Finished, Storage Space, Sump Pump
- Heating
- Natural Gas, Forced Air, Fireplace(s)
- Cooling
- Ceiling Fan(s), Central Air
- Property taxes
- $4,598 a year
- Listed
- August 25, 2026
- MLS number
- 7131657
Listing courtesy of Coldwell Banker Realty (Patricia Schmidt-Iverson). MLS #7131657.
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How it compares
20374 Kensington Way, Lakeville, MN 55044 is a 5-bedroom single-family home built in 1994, listed for $484,900 on August 25, 2026 by Coldwell Banker Realty. That is in the middle range of the 181 single-family homes for sale in Lakeville right now (median $599,000; $173 per square foot here against $203 for the group). That works out to $173 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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