Listed at
$320,000
$150/sqft

Homestead Ridge 2nd Add

1497 Homestead Street, Shakopee, MN, 55379
4  Bedrooms2  Bathrooms2,130  Square Feet0.206  Acres
Days on market77
Year built1996
Garage spaces3
TypeResidential
Est. $6,600buyer credit when you buy with SODL
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About this home

Charming Shakopee Home with Incredible Potential. Welcome to 1497 Homestead Street, a fantastic opportunity located in the highly desirable Homestead Ridge 2nd Addition of Shakopee. Nestled on a generous 0.20-acre lot home offers excellent square footage, a functional layout, and a prime location just minutes from local amenities, parks, and easy highway access. With a total of 4 bedrooms and 2 bathrooms distributed across two spacious levels, this property is the perfect canvas for equity builders, investors, or anyone looking to customize their next home exactly to their taste. Key Property Features: Main Level Living: Features a bright and airy main living room, an open kitchen space, and an adjacent dining area, creating on ideal flow for entertaining. Two well-proportioned bedrooms are located on the upper level alongside an additional two bedrooms on the lower level. Bonus Spaces: Enjoy the convenience of a lower-level family room perfect for movie nights or recreation, plus an attached screened porch to enjoy Minnesota summers. Includes an attached, spacious 3-car garage (30x22) providing plenty of room for vehicles, tools, and toys.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1996
LevelsSplit Entry (Bi-Level)
Living area2,130 sqft
Above-grade finished1,130 sqft
Below-grade finished1,000 sqft
Lot size0.206 acres (75.0x120.0)
Days on market77
ListedJul 14, 2026
MLS #NST7109167
CountyScott
SubdivisionHomestead Ridge 2nd Add
Parcel #271980090

Facts & features

Interior

Bedrooms
4
Bathrooms
2
Bath breakdown
1 full / 1 3/4
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer

Property

Levels / stories
Split Entry (Bi-Level)
Garage
3 spaces · 30x22 · 660 sqft
Parking features
Attached Garage, Asphalt
Patio & porch
Front Porch, Rear Porch, Screened
Exterior features
Vinyl
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Frame
Foundation
Block · 1,122 sqft
Roof
Age Over 8 Years
Year built
1996

Utilities

Water
City Water - In Street
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers, 100 Amp Service

Community & HOA

Subdivision
Homestead Ridge 2nd Add
HOA
No HOA
School district
720 - Shakopee
High school district
Shakopee

Financial & listing details

Annual tax
$4,248 (2026)
Listed
Jul 14, 2026
Days on market
77 · 2 cumulative
Special listing conditions
Short Sale
Short sale potential
Yes
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementFinished, Full, Walkout
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryIn Basement, Gas Dryer Hookup, Lower Level, Laundry Room, Washer Hookup
AppliancesDishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer
DiningKitchen/Dining Room
AmenitiesPorch, Vaulted Ceiling(s), Washer/Dryer Hookup
AccessibilityNone

Exterior & lot

ExteriorVinyl
RoofAge Over 8 Years
FoundationBlock
Foundation area1,122 sqft
Patio/porchFront Porch, Rear Porch, Screened
Road frontageCity Street, Curbs, Paved Streets
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water - In Street
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Asphalt
Garage spaces3
Garage size660 sqft

Financial details

Annual taxes$4,248
Tax year2026
Taxes w/ assessments4248
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleYes
ForeclosureNo

Schools

District720 - Shakopee
District number720
District phone9524965006
High schoolShakopee
SODL flat fee brokerage
$6,600Estimated buyer credit
SODL platform fee $3,000Your buyer credit $6,600

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$2,142/mo
Principal & interest$1,682
Property taxes$354
Home insurance (est.)$107
%
$64,000
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

1497 Homestead Street, Shakopee, MN, 55379

Listing information

MLS #NST7109167
StatusActive
Last updatedJul 30, 2026, 7:32 PM
Originally listedJul 15, 2026, 12:00 AM
Listing officeColdwell Banker Realty

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.