3D tour
$5,224 Closing Credit¹
#6628867, Listing Office: Schurhammer Real Estate, LLC
$1,100,000 List price
402 Franklin St Lake City, MN 55041
$10,000
Closing credit¹
3 beds
2 full
3,295 sqft
$334 / sqft
House
Property details
About 402 Franklin St
Discover the perfect blend of contemporary design and lakeside tranquility in this exceptional 3-bedroom 4-bath home just steps from the beach and marina. With breathtaking views, thoughtfully designed spaces, and luxurious finishes throughout, this property is a true standout.The expansive main level features soaring 10-foot ceilings and 8-foot custom doors, creating a bright and airy atmosphere. The chef’s kitchen is beautifully appointed with granite countertops, new stainless steel appliances (2023), a spacious island, and a wet bar complete with a built-in ice maker and beverage refrigerator. Perfect for entertaining, the lower level features a full bar with double ovens, a dishwasher, a refrigerator, and a custom built-in water feature that adds a sophisticated touch.The primary suite is a private retreat, offering a generous living area and serene lake views. Outdoor living is unparalleled with a two-tiered patio designed to showcase stunning sunrises and sunsets, complemented by a custom gas fireplace and torch lighting for a warm and inviting ambiance. A heated tandem garage adds convenience, while recent updates, including a new roof, furnace, water heater, and appliances (2023), ensure modern efficiency and peace of mind.Located in one of the best spots in town and not in a flood zone, this remarkable home offers a rare opportunity for luxury lakefront living. Schedule your private tour today.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size3,295 sqft
BasementYes
Year built2007
ParkingAttached Garage, Concrete, Heated Garage, Insulated Garage, Tandem
MLS #6657229
Attached garage1 space
WaterfrontLake Front, Lake, River Front, River View
FireplaceGas, Primary Bedroom
ViewPanoramic
Virtual tour
Summary
- MLS Number: 6657229
- MLS Name: NORTHSTAR
- Office Name: Lakeshore Real Estate Krage & Associates, LLC.
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$1,100,000
402 Franklin St
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
6
Bluff View Elementary School
Public District PK-6
1.1 mi
•1156 W Lakewood Ave
7
Pepin Elementary School
Public District PK-6
5.9 mi
•510 Pine St
7
Plum City Elementary School
Public District PK-5
13.0 mi
•621 Main St
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 $46,875. Typical income of Lake City, MN residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
38%
<35k
54%
35k-100k
5%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
43%
Single, No Kids
9%
Single, with Kids
35%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
5%
12-17 yrs old
19%
18-34 yrs old
36%
35-64 yrs old
29%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
PGA/LPGA
NASCAR
Where do the neighbors shop?
Stein Mart
Dollar General
Kmart
Where do the neighbors go to eat?
Bob Evans
Cracker Barrel
Arbys
What do the neighbors drive?
Buick
Lincoln
Ram
What do the neighbors listen to?
Adult Standards
News/Talk/Information
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 402 Franklin St
This home is located at 402 Franklin St in Lake City, MN and zip code 55041. This 3,295 square foot home was built in 2007. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $1,100,000.
In February 2025 more than 0 listings in Lake City, MN were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 2 were sold below. The number of listings in Lake City, MN increased by 14.7% between January and February 2025. Listings spent 54 days on the market in February 2025, and had a median list price of $302,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.