2575 Waterfall Way NW Prior Lake, MN 55372
Property details
About 2575 Waterfall Way NW
Golf and Lake-Lovers, TAKE NOTICE! The second you step inside this immaculate townhome with massive “wow-factor” windows and vaulted ceilings, settled a block behind hole #4 in the highly sought-after Wild’s Golf Club neighborhood, you’ll know with absolute certainty that the perfect home DOES exist! Boasting nearly 2,500 sq. ft. of living space, with 3 bedrooms on one level, 4 bathrooms, a 2-car garage, and gorgeous natural sunlight throughout, this rare gem seriously has it all! The home’s main floor is the epitome of open-floor-plan living, with a stunning living room, dining area overlooking the back porch, and a spacious kitchen, complete with stainless steel appliances, tons of cabinet space, and a cozy breakfast bar. The upstairs primary suite is an absolute dream, with a spa-worthy ensuite bathroom, and spacious walk-in closet. The lower level’s sprawling recreation room features a beautiful gas fireplace and plenty of space to take in a family movie night, or enjoy your favorite hobbies. Nearby Meadows at Mystic Lake Golf Course, Dakotah Sports & Fitness, Mystic Lake (the Lake!), as well as Mystic Lake Casino & Hotel, are all within walking distance, or a quick drive down the street. Easy access to Highways 13 and 169, 30-minutes from downtown Minneapolis, and 20-minutes from MSP Airport. Target, HyVee, Cub Foods, and Fresh Thyme are all within a 10-minute drive, making it a breeze to check things off your grocery and to-do lists. Tons of delectable restaurant options are also close by, with local favorites such as McCoy’s Copper Pint, Bravi’s Craft Mexican Kitchen, and Charlie’s On Prior. These new digs are truly a step above the rest - come see it in all its glory for yourself!
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Dryer, Humidifier, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener
- Basement: Yes
- Fireplace: Gas
- Total Bedroom Count: 3
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached Garage, Asphalt, Garage Door Opener, Guest Parking
- Heating: Forced Air
- Cooling: Central Air
- List Price: $395,000
- Price/SqFt: $158
- HOA Amount: $345
- HOA Frequency: Monthly
- Annual Tax Amount: $3,670
- Tax Year: 2024
- Lot: Few Trees, Zero Lot Line
- Directions: 169 to County Road 83, south to Wilds Path, east to Cougar, right on Wilds Drive and immediate right on Waterfall Way.
- Year Built: 2005
- Living Area: 2,492 SqFt
- MLS Number: 6711479
- MLS Name: NORTHSTAR
- Office Name: Engel & Volkers Prior Lake
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$395,000
2575 Waterfall Way NW
$4,691
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 01, 2020 | Home Sold | $302,900 |
| Sep 17, 2015 | Home Sold | $249,900 |
| Aug 06, 2010 | Home Sold | $159,080 |
| Aug 16, 2005 | Home Sold | $287,035 |
| Aug 16, 2005 | Home Sold | $67,890 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $379,200 | $3,670 |
| 2023 | $371,100 | $3,582 |
| 2022 | $374,300 | $3,328 |
| 2021 | $301,100 | $3,282 |
| 2019 | $291,286 | $3,544 |
| 2018 | $272,200 | $3,452 |
| 2017 | $281,400 | $3,716 |
History based on county public records data.
Nearby schools
8
Jeffers Pond Elementary School
Public District KG-5
1.4 mi
•14800 Jeffers Pass NW
7
Sun Path Elementary School
Public District KG-5
2.5 mi
•2250 17th Ave E
5
Eagle Creek Elementary School
Public District KG-5
2.8 mi
•6855 Woodward Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $116,885. The majority of Prior Lake, MN residents have income between $35k-100k annually. The most common type of family is married, with kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Figure Skating
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Express/Express For Men
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Buick
What do the neighbors listen to?
Adult Hits
Oldies- Adult Standards
Frequently asked questions
About 2575 Waterfall Way NW
The listing price of 2575 Waterfall Way NW property is $395,000.
The property 2575 Waterfall Way NW is a townhouse located in Prior Lake, Minnesota, 55372.
Active Listing: 2575 Waterfall Way NW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 2575 Waterfall Way NW are: Jeffers Pond Elementary School (GreatSchools Rating 8/10), Sun Path Elementary School (GreatSchools Rating 7/10), Eagle Creek Elementary School (GreatSchools Rating 5/10), East Middle School (GreatSchools Rating 4/10), Hidden Oaks Middle School (GreatSchools Rating 6/10), West Middle School (GreatSchools Rating 5/10), Shakopee High School (GreatSchools Rating 6/10), Prior Lake-Savage Area Area Learning Center (GreatSchools Rating 3/10), Prior Lake High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $3,670 (source: MLS/based on county public records data).
The last sale was on October 1, 2020 for $302,900 (source: MLS/tax record).
The property at 2575 Waterfall Way NW has 3 bedrooms and 2 full and 1 half bathrooms.
The property 2575 Waterfall Way NW is 2,492 SqFt (source: MLS/tax record).
The year of construction for 2575 Waterfall Way NW is 2005.
This home is located at 2575 Waterfall Way NW in Prior Lake, MN and zip code 55372. This 2,492 square foot home was built in 2005. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $395,000.
In March 2025, from all listings sold in Prior Lake, MN there were more than 7 sold above asking price, over 15 sold below and more than 7 were sold right at the asked price. The number of listings in Prior Lake, MN increased by 40% between February and March 2025. In March 2025, listings were on the market for 57 days. During the same period, the median list price in this real estate market was $495,000.