$699,950

402 Lake St Waconia, MN 55387

$8,312
Closing credit¹
2 beds
1 full
1,200 sqft
$583 / sqft
Condo

Property details

About 402 Lake St

Discover lakefront living nestled in the heart of Waconia, where lakeside living meets modern comfort! This property offers a low maintenance lifestyle and boasts stunning views of Lake Waconia and Coney Island! As you step through the front door, you are greeted by a warm and inviting atmosphere, featuring an open-concept layout that seamlessly blends style and functionality. The spacious living area, adorned with large windows, floods the space with natural light while providing breathtaking views. Imagine cozy evenings spent here, with the gentle sounds of water lapping at the shore in the background. The gourmet kitchen is a chef’s paradise, equipped with modern appliances, ample counter space, and a charming breakfast nook perfect for morning coffee with a view. Retreat to the primary suite, complete with a large private bathroom and balcony that overlooks the water—perfect for unwinding after a long day. The additional bedroom offers a versatile space, providing plenty of room for guests, a home office, or creative pursuits. Step outside to your own outdoor oasis! The lakeside green space is perfect for summer barbecues, relaxing with friends and family or simply enjoying the fresh air. With direct access to the lake, you can spend your days kayaking, fishing, or soaking up the sun on the shore. Located in a friendly community, this property is just a stone’s throw away from charming downtown Waconia, where you’ll find delightful shops, restaurants, and seasonal events. Whether you’re seeking a permanent residence or a weekend getaway, this property provides the perfect balance of tranquility and convenience. Don’t miss your chance to own this lakeside gem. Schedule a viewing today and start living the life you’ve always dreamed of!

Highlights

Home typeCondominium
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,200 sqft
Year built1984
ParkingGarage Door Opener, Heated Garage, Underground
MLS #6741420
Garage1 space
WaterfrontWater Access, Dock, Lake Front

Summary

  • Full Bathrooms: 1
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Oven, Washer
  • Basement: No
  • Total Bedroom Count: 2
  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Garage Door Opener, Heated Garage, Underground
  • Waterfront: Water Access, Dock, Lake Front
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $699,950
  • Price/SqFt: $583
  • HOA Amount: $500 Monthly
  • Directions: North on main. West on Lake.
  • Year Built: 1984
  • Living Area: 1,200 SqFt
  • MLS Number: 6741420
  • MLS Name: NORTHSTAR
  • Office Name: RE/MAX Advantage Plus

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402 Lake St, Waconia, MN 55387 - aerial view of a nearby body of water

$699,950

402 Lake St

$8,312

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

6

Southview Elementary School

Public District KG-5

0.7 mi

225 W 4th St

6

Bayview Elementary School

Public District KG-5

0.7 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. Typical income of Waconia, MN residents is between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

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

Frequently asked questions

About 402 Lake St

The listing price of 402 Lake St property is $699,950.

The property 402 Lake St is a condo located in Waconia, Minnesota, 55387.

Active Listing: 402 Lake St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 402 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 402 Lake St has 2 bedrooms and 2 bathrooms.

The property 402 Lake St is 1,200 SqFt (source: MLS/tax record).

The year of construction for 402 Lake St is 1984.

This home is located at 402 Lake St in Waconia, MN and zip code 55387. This 1,200 square foot home was built in 1984. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $699,950.

In May 2025 more than 4 listings in Waconia, MN were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 7 were sold below. The number of listings in Waconia, MN increased by 5.8% between April and May 2025. While the average time on the market in May 2025 was 23 days, the median list price was $469,910.

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

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