Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $20,768 (2025).

Does this home have a garage?

Yes, this home has a 3-car garage.

How long has this property been on the market?

This property has been listed for 222 days.

Listed at

$3,395,000

$794/sqft

5112 S Lakeshore Drive

5112 S Lakeshore Drive, Independence, MN, 55359

5 Bedrooms5 Bathrooms4,274 Square Feet2.12 Acres

Days on market222

Year built1991

Garage spaces3

TypeResidential

Est. $98,850buyer credit when you buy with SODL

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About this home

Stunning peninsula property on Lake Independence with over 700 feet of shoreline on 2.12 private acres. This extensively remodeled two-story home showcases thoughtful design, high-end finishes, and panoramic lake views at every turn. Highlights include a new 46’x36’ pole barn, geothermal system, inviting outdoor living spaces with a screened porch and expansive low-maintenance decking, plus a private beach with a waterfront shed for storage. Located in the award-winning Orono School District, this is a rare opportunity to own a distinguished legacy lakeshore estate.

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Home facts

Property typeResidential

Property subtypeSingle Family

Year built1991

LevelsTwo

Living area4,274 sqft

Above-grade finished2,948 sqft

Below-grade finished1,326 sqft

Lot size2.12 acres (Irregular)

Days on market222

ListedFeb 18, 2026

MLS #NST7022851

CountyHennepin

Parcel #1311824430002

Facts & features

Interior

Bedrooms: 5
Bathrooms: 5
Bath breakdown: 2 full / 1 3/4 / 2 half
Heating: Forced Air, Geothermal
Cooling: Central Air, Geothermal
Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories: Two
Garage: 3 spaces · 35x24 · 825 sqft
Parking features: Attached Garage, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage
Patio & porch: Composite Decking, Deck, Porch, Rear Porch, Screened
Other structures: Pole Building, Storage Shed
View: East, Lake, North, Panoramic, West

Construction

Property type: Residential
Property subtype: Single Family
Foundation: 1,474 sqft
Roof: Age 8 Years or Less, Architectural Shingle, Asphalt
Year built: 1991

Utilities

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

Community & HOA

HOA: No HOA
School district: Orono

Financial & listing details

Annual tax: $20,768 (2025)
Listed: Feb 18, 2026
Days on market: 222 · 59 cumulative
Manufactured home: Yes

Interior details

Total bathrooms5

Full baths2

3/4 baths1

Half baths2

1/4 baths0

BasementDaylight/Lookout Windows, Walkout

HeatingForced Air, Geothermal

CoolingCentral Air, Geothermal

Fireplaces1

LaundryLower Level, Laundry Room

AppliancesDishwasher, Disposal, Dryer, Exhaust Fan, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer

DiningBreakfast Area, Eat In Kitchen, Informal Dining Room, Living/Dining Room

AmenitiesBalcony, Ceiling Fan(s), Deck, Dock, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Natural Woodwork, Porch, Panoramic View, Security System, Boat Slip, In-Ground Sprinkler

AccessibilityNone

Special features4 BR on One Level, Primary Bdr Suite, Renovated

Exterior & lot

RoofAge 8 Years or Less, Architectural Shingle, Asphalt

Foundation area1,474 sqft

Patio/porchComposite Decking, Deck, Porch, Rear Porch, Screened

Lot featuresIrregular Lot, Island/Peninsula, Tree Coverage - Medium

Road frontageCity Street, Cul De Sac, Paved Streets

Road responsibilityPublic Maintained Road

ZoningResidential-Single Family

Utilities

Water sourceWell

SewerCity Sewer/Connected

FuelNatural Gas

Parking & garage

ParkingAttached Garage, Asphalt, Garage Door Opener, Heated Garage, Insulated Garage

Garage spaces3

Garage size825 sqft

Financial details

Annual taxes$20,768

Tax year2025

Taxes w/ assessments20768

Assessment pendingNo

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District number1252

District phone9524498305

High schoolOrono

SODL flat fee brokerage

$98,850Estimated buyer credit

SODL platform fee $3,000Your buyer credit $98,850

Buyer-side commission

3.0%

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

$20,705/mo

Principal & interest$17,842

Property taxes$1,731

Home insurance (est.)$1,132

Down payment

$679,000

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

5112 S Lakeshore Drive, Independence, MN, 55359

Street View

Listing information

MLS #NST7022851

StatusActive

Last updatedApr 14, 2026, 7:12 PM

Originally listedFeb 18, 2026, 9:30 AM

Listing officeColdwell Banker Realty

Co-listing officeColdwell Banker Realty

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