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3649 Lerive WayChaska, MN 55318

$2.7 million

5 bedrooms · 5 bathrooms · 8,238 finished sq ft · 0.98 acre lot

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About this home

Exceptional custom-built estate on Lake Bavaria, offering a private one-acre setting, expansive lake views, and beautifully designed spaces for everyday living and unforgettable entertaining. Built by On the Level, this five-bedroom, five-bath four car garage home features over 8,300 finished square feet with exquisite woodwork, detailed ceilings, custom built-ins and stone fireplaces throughout. An impressive foyer opens to a light-filled great room with richly finished ceiling beams and walls of windows overlooking the lake. The beautifully appointed kitchen features a generous center island, extensive cabinetry, double wall ovens and an adjoining hearth room. Elegant formal dining and a spacious screened porch provide inviting settings for gatherings in every season. A main-floor office with substantial woodwork and library shelving offers a distinguished private workspace. The luxurious primary suite enjoys a private lakeside balcony, spacious dressing room and beautifully appointed bath with a soaking tub and separate shower. An expansive bonus room adds flexibility for recreation, hobbies or exercise. The walkout lower level is designed for entertaining, featuring a custom wet bar, billiards area, stone fireplace, 900-bottle wine cellar and dedicated home theater. Outside, a saltwater pool, expansive patio and beautifully landscaped grounds create a remarkable lakeside retreat. Enjoy generous lawn space, a peaceful shoreline sitting area and a dock on Lake Bavaria. Additional unfinished space offers room for future expansion. An extraordinary combination of craftsmanship, privacy and lakefront living.

Home facts

Home type
Condo
Style
Single Family Residence
Year built
2010
Bedrooms
5
Bathrooms
5
Finished sq ft
8,238
Lot
0.98 acres
Garage
4 stalls
Basement
Walk-Out Access, Finished, Full, Daylight
Heating
Natural Gas, Forced Air, Radiant
Cooling
Ceiling Fan(s), Central Air
Property taxes
$32,814 a year
HOA / association fee
$52
Listed
September 14, 2026
MLS number
7114875

Broker ReciprocityListing courtesy of Edina Realty, Inc. (Jack W Barkley). MLS #7114875.

© 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 8:18 PM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.

How it compares

3649 Lerive Way, Chaska, MN 55318 is a 5-bedroom condo built in 2010 on Lake Bavaria, listed for $2.7 million on September 14, 2026 by Edina Realty, Inc.. That is in the upper quarter of the 74 condos for sale in Chaska right now (median $527,400; $328 per square foot here against $207 for the group). That works out to $328 per finished square foot.

Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 8:18 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

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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 and the association fee as listed (assumed monthly). Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.

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