$6,151 Closing Credit¹
#6630339, Listing Office: Coldwell Banker River Valley, REALTORS
3118 Salem Point Dr SW Rochester, MN 55902
$4,900,000 List price
4 beds
3 full, 2 partial
10,807 sqft
$453 / sqft
House
Property details
About 3118 Salem Point Dr SW
Exquisite doesn't begin to describe this amazing custom designed and build home with over $6.5 million spent at time of build. The detail and craftsmanship throughout this home will delight you as you walk through this amazing lakefront home. You will enjoy all the fabulous finishes and unique amenities thom offers: large 2 story entry, coffered, lighted and beamed ceilings, gourmet main kitchen, plus a complete impressive butlers area with full 2nd kitchen, pantry, laundry with office area. The large formal living room with built-ins, fireplace and ample size for a grand piano. The great room with 2 story ceiling and windows. Entertain in the amazing lower level with if full wet bar including all appliances, game room, theater room, large family room, workout room, plus an outstanding office of your dreams that could be the 4th bedroom. The outside won’t disappoint with the front fountains, heater driveway, large deck and large patios with amazing views of Bamber Lake.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Radiant Floor
StatusActive
CoolingCentral Air, Zoned
Size10,807 sqft
BasementYes
Year built2004
ParkingConcrete, Floor Drain, Garage Door Opener, Heated Garage, Insulated Garage, Tuckunder Garage
MLS #6508201
Garage3 spaces
WaterfrontLake Front
FireplaceAmusement Room, Family Room, Gas, Living Room, Primary Bedroom, Other
ViewBay
Summary
- MLS Number: 6508201
- MLS Name: NORTHSTAR
- Office Name: RE/MAX Results
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$4,900,000
3118 Salem Point Dr SW
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 26, 2017 | Home Sold | $1,980,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $2,908,800 | $35,844 |
| 2021 | $2,264,800 | $35,844 |
| 2020 | $2,072,600 | $33,160 |
| 2019 | $2,029,300 | $33,844 |
| 2017 | $2,091,100 | $35,970 |
History based on county public records data.
Nearby schools
9
Byron Intermediate School
Public District 3-5
6.3 mi
•501 10th Ave NE
7
Bear Cave Intermediate School
Public District 3-5
9.6 mi
•1021 10th St NW
5
Kasson-Mantorville Elementary School
Public District PK-4
11.8 mi
•604 16th St NE
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 $178,972. The majority of Rochester, MN residents have income $200k+ annually. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
3%
<35k
20%
35k-100k
37%
100k-200k
40%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
11%
Single, No Kids
2%
Single, with Kids
46%
Married, No Kids
41%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
13%
12-17 yrs old
8%
18-34 yrs old
50%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Figure Skating
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Kmart
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Rochester, MN
About 3118 Salem Point Dr SW
This home is located at 3118 Salem Point Dr SW in Rochester, MN and zip code 55902. This 10,807 square foot home was built in 2004. Features: 4 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $4,900,000.
While more than 14 listings in Rochester, MN in January 2025 were sold above asking price, there were more than 19 listings sold at asking price, and more than 40 were sold below. Between December and January 2025, Rochester, MN real estate market has seen decrease in the number of listings by 2.7%. In January 2025 median list price was $327,166 and the average listing age was 52 days.
From Rocket Homes Real Estate and based on county public records data.