Listed at
$824,999
$247/sqft

Pheasant Ridge 3rd Add

315 William Lake Shore Drive, Waconia, MN, 55387
5  Bedrooms5  Bathrooms3,342  Square Feet0.56  Acres
Days on market1
Year built1997
Garage spaces3
HOA / month$500
TypeResidential
Est. $21,750buyer credit when you buy with SODL
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About this home

Enjoy lakeshore living on the quiet channel of private Lake Burandt in Waconia. This 5-bedroom, 5-bath home has been completely remodeled inside since the current owners purchased it along with all new windows, creating a beautiful and comfortable space with plenty of room for family and friends. The main level features a stunning gourmet kitchen and a spacious layout that overlooks beautiful year-round lake views. Upstairs, you'll find three bedrooms, including a spacious owner's suite with a private bath and long lake views. The walkout lower level offers even more living space with a large family room and two additional bedrooms, each with an adjoining 3/4 bath. A 16x20 maintenance-free Floe dock and deck with automated leveling were added in 2023, making it easy to enjoy the lake throughout the seasons. Conveniently located in Waconia, with restaurants, shopping, medical facilities, breweries, wineries, and Lake Waconia all nearby.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1997
LevelsModified Two Story
Living area3,342 sqft
Above-grade finished2,220 sqft
Below-grade finished1,122 sqft
Lot size0.56 acres (115x219x115x208)
Days on market1
ListedSep 17, 2026
MLS #NST7131003
CountyCarver
SubdivisionPheasant Ridge 3rd Add
Parcel #753470170

Facts & features

Interior

Bedrooms
5
Bathrooms
5
Bath breakdown
2 full / 2 3/4 / 1 half
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned

Property

Levels / stories
Modified Two Story
Garage
3 spaces · 675 sqft
Parking features
Attached Garage, Asphalt, Garage Door Opener
Patio & porch
Deck, Front Porch
Exterior features
Vinyl
Other structures
Storage Shed

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 1,369 sqft
Roof
Age Over 8 Years
Year built
1997

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

Subdivision
Pheasant Ridge 3rd Add
HOA
$500/annual
HOA name
Pheasant Ridge Channel Association
HOA phone
6122804380
HOA includes
Shared Amenities
School district
110 - Waconia

Financial & listing details

Annual tax
$8,821 (2026)
Tax with assessments
8856
Listed
Sep 17, 2026
Days on market
1
Manufactured home
Yes

Interior details

Total bathrooms5
Full baths2
3/4 baths2
Half baths1
1/4 baths0
BasementDrain Tiled, Finished, Sump Pump, Walkout
HeatingForced Air
CoolingCentral Air
Fireplaces1
AppliancesDishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener Owned
DiningInformal Dining Room, Kitchen/Dining Room, Separate/Formal Dining Room
AmenitiesDeck, Dock, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet
AccessibilityNone

Exterior & lot

ExteriorVinyl
RoofAge Over 8 Years
FoundationBlock
Foundation area1,369 sqft
Patio/porchDeck, Front Porch
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Asphalt, Garage Door Opener
Garage spaces3
Garage size675 sqft

Financial details

Annual taxes$8,821
Tax year2026
Taxes w/ assessments8856
Assessment pendingNo
HOA fee$500
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District110 - Waconia
District number110
District phone9524420600
High schoolWaconia
SODL flat fee brokerage
$21,750Estimated buyer credit
SODL platform fee $3,000Your buyer credit $21,750

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

$5,846/mo
Principal & interest$4,336
Property taxes$735
Home insurance (est.)$275
HOA fees$500
%
$165,000
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

315 William Lake Shore Drive, Waconia, MN, 55387

Listing information

MLS #NST7131003
StatusActive
Last updatedSep 28, 2026, 10:07 AM
Originally listedSep 28, 2026, 12:00 AM
Listing officeRE/MAX Advantage Plus

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.