$498,000

301 Lake St Waconia, MN 55387

$5,914
Closing credit¹
3 beds
1 full
1,538 sqft
$324 / sqft
House

Property details

About 301 Lake St

Location, Location, Location! This classic two story is located just steps from Lake Waconia and across the street from Lola's Lakehouse. You will enjoy lake views of popular Lake Waconia all year round and can utilize the boat launch directly across the street making it very convenient for lake access without the taxes! Inside you will notice the beautifully updated kitchen with dark cabinets, granite counters, stainless steel appliances, and tile floors. The main level also offers a bedroom with builts ins, nicely updated full bathroom, mudroom, and large lakeside living room where you will have lake views all year round through the large picture window! Upstairs has two large bedrooms, and a large loft area, all with new carpeting. Outside you will find a large, maintenance free deck with retractable awning, firepit area, and extra parking in front of the large garage. The 3 stall garage is finished and heated and perfect for your boat, toys, tools and shop projects. Another nice feature is the city owned lot to the west which offers privacy rather than another home. If you are looking for the an updated property with the ability to feel like lake living and close proximity to downtown Waconia, this is the one for you!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,538 sqft
BasementYes
Year built1904
ParkingDetached, Asphalt, Shared Driveway, Garage Door Opener, Heated Garage, Insulated Garage
MLS #6679975
Garage3 spaces
WaterfrontLake

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener
  • Basement: Yes
  • Total Bedroom Count: 3
  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached, Asphalt, Shared Driveway, Garage Door Opener, Heated Garage, Insulated Garage
  • Waterfront: Lake
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $498,000
  • Price/SqFt: $323
  • HOA Amount: $0
  • Lot: Many Trees
  • Directions: Hwy 5 West to Olive St, North to Lake St, East to Home.
  • Year Built: 1904
  • Living Area: 1,538 SqFt
  • MLS Number: 6679975
  • MLS Name: NORTHSTAR
  • Office Name: RE/MAX Advantage Plus

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301 Lake St, Waconia, MN 55387 - view of front of house featuring a porch, a shingled roof, a front lawn, a garage, and view of scattered trees

$498,000

301 Lake St

$5,914

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

6

Southview Elementary School

Public District KG-5

0.6 mi

225 W 4th St

6

Bayview Elementary School

Public District KG-5

0.6 mi

24 S Walnut St

9

Laketown Elementary School

Public District KG-5

0.9 mi

960 Airport Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $54,915. Most Waconia, MN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

33%
<35k
39%
35k-100k
26%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

48%
Single, No Kids
6%
Single, with Kids
28%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
15%
18-34 yrs old
41%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • NASCARNASCAR
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Old NavyOld Navy
  • Dick's Sporting GoodsDick's Sporting Goods
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • ArbysArbys
  • Bob EvansBob Evans

What do the neighbors drive?

  • GMCGMC
  • BuickBuick
  • LexusLexus

What do the neighbors listen to?

  • New CountryNew Country
  • Adult HitsAdult Hits
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 301 Lake St

The listing price of 301 Lake St property is $498,000.

The property 301 Lake St is a house located in Waconia, Minnesota, 55387.

Active Listing: 301 Lake St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 301 Lake St are: Southview Elementary School (GreatSchools Rating 6/10), Bayview Elementary School (GreatSchools Rating 6/10), Laketown Elementary School (GreatSchools Rating 9/10), Waconia Middle School (GreatSchools Rating 6/10), Cologne Academy (GreatSchools Rating 10/10), Grandview Middle School (GreatSchools Rating 8/10), Waconia High School (GreatSchools Rating 6/10), Waconia Learning Center (GreatSchools Rating 5/10), Central High School (GreatSchools Rating 8/10).

The property at 301 Lake St has 3 bedrooms and 1 bathroom.

The property 301 Lake St is 1,538 SqFt (source: MLS/tax record).

The year of construction for 301 Lake St is 1904.

This home is located at 301 Lake St in Waconia, MN and zip code 55387. This 1,538 square foot home was built in 1904. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since May 23, 2025 and is currently priced at $498,000.

While more than 4 listings in Waconia, MN in May 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 7 were sold below. The inventory of homes for sale in Waconia, MN between April and May 2025 increased by 5.8%. In May 2025, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $469,910.

From Rocket Homes Real Estate and based on county public records data.

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