Listed at
$2,650,000
$589/sqft

Fair Lawn Shores

5488 Fairlawn Shores Trail, Prior Lake, MN, 55372
4  Bedrooms4  Bathrooms4,496  Square Feet0.56  Acres
Days on market60
Year built2006
Garage spaces2
TypeResidential
Est. $76,500buyer credit when you buy with SODL
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About this home

Some lake homes are defined by the house. At 5488 Fairlawn Shores Trail, it is the entire property that sets this home apart. Situated on .56 acres along Lower Prior Lake, the home is surrounded by mature trees, established gardens, stone paths, covered porches, and outdoor spaces that lead naturally toward the shoreline. The setting provides privacy, usable land, and a depth of character that is increasingly difficult to find on the lake. That character dates back to 1872, when the original cottage was built by a Civil War veteran. Although the cottage is no longer standing, pieces of its history remain throughout the property. Stones from the original rock foundation were preserved and used to create the backyard fire pit. Redwood wall paneling from the cottage was incorporated into the current home. Photographs of the original cottage are displayed inside, along with the veteran’s preserved military pouch. Near the driveway, a streetlamp salvaged from London after World War II adds another unexpected piece of history. The current traditional farmhouse style home was designed to respect what came before. The main level features a welcoming living room with a wood burning fireplace, custom built ins, and warm architectural details. The adjoining sunroom frames panoramic views of Lower Prior Lake, while the kitchen features custom cabinetry, granite countertops, a large center island, and an open connection to the dining and living areas. Covered porches at the front of the home and along the lakeside create comfortable spaces for morning coffee, summer dinners, and evening views across the water. Upstairs, the private primary suite captures elevated lake views and includes a spacious walk in closet and a bathroom with dual vanities and a tiled walk in shower. Additional bedrooms, well designed bathrooms, and upper level laundry provide a practical layout for family and guests. The walkout lower level features a large family room and flexible finished spaces that can serve as an office, gym, hobby area, or accommodations for overnight visitors. It also provides direct access to the backyard and shoreline. Outside, established gardens, a pergola covered patio, the historic stone fire pit, and multiple gathering areas allow the grounds to feel like a natural extension of the home. Positioned between the home and the water’s edge, the Lakeside Retreat features French doors, stained glass, a loft, and a private deck overlooking the lake. The generous lot also provides long term flexibility to expand the home while preserving the property’s privacy and character. This lake property is not limited by its current footprint. It presents a rare opportunity to create a custom estate with multiple possibilities for future expansion. 5488 Fairlawn Shores Trail is more than a lake house. It is a home, a shoreline, and a piece of Lower Prior Lake history brought together in one remarkable property.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built2006
LevelsTwo
Living area4,496 sqft
Above-grade finished2,835 sqft
Below-grade finished1,661 sqft
Lot size0.56 acres (111x242x117(L)x205)
Days on market60
ListedJul 30, 2026
MLS #NST7071358
CountyScott
SubdivisionFair Lawn Shores
Parcel #250310061

Facts & features

Interior

Bedrooms
4
Bathrooms
4
Bath breakdown
1 full / 2 3/4 / 1 half
Heating
Forced Air, Fireplace(s), In-Floor Heating
Cooling
Central Air
Appliances
Dishwasher, Disposal, Dryer, Range, Refrigerator, Stainless Steel Appliances, Washer

Property

Levels / stories
Two
Garage
2 spaces · 29x25 · 725 sqft
Parking features
Attached Garage, Asphalt
Patio & porch
Deck, Front Porch, Porch, Screened
Exterior features
Cement Board
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Poured Concrete · 1,921 sqft
Roof
Age Over 8 Years, Asphalt
Year built
2006

Utilities

Water
City Water - In Street
Sewer
City Sewer - In Street
Fuel
Natural Gas

Community & HOA

Subdivision
Fair Lawn Shores
HOA
No HOA
School district
719 - Prior Lake-Savage Area Schools
High school district
Prior Lake-Savage Area Schools

Financial & listing details

Annual tax
$20,676 (2026)
Listed
Jul 30, 2026
Days on market
60
Manufactured home
Yes

Interior details

Total bathrooms4
Full baths1
3/4 baths2
Half baths1
1/4 baths0
BasementFinished, In-Floor Heat, Walkout
HeatingForced Air, Fireplace(s), In-Floor Heating
CoolingCentral Air
Fireplaces1
LaundryLaundry Closet, Upper Level
AppliancesDishwasher, Disposal, Dryer, Range, Refrigerator, Stainless Steel Appliances, Washer
DiningEat In Kitchen, Kitchen/Dining Room
AmenitiesDeck, Hardwood Floors, Kitchen Center Island, Primary Bedroom Walk-In Closet, Natural Woodwork, Porch, Panoramic View, Sun Room, Tile Floors, Washer/Dryer Hookup, Walk-In Closet
AccessibilityNone
Special features2nd Floor Laundry, 3 BR on One Level

Exterior & lot

ExteriorCement Board
RoofAge Over 8 Years, Asphalt
FoundationPoured Concrete
Foundation area1,921 sqft
Patio/porchDeck, Front Porch, Porch, Screened
Road frontageCity Street, Paved Streets
ZoningResidential-Single Family

Utilities

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

Parking & garage

ParkingAttached Garage, Asphalt
Garage spaces2
Garage size725 sqft

Financial details

Annual taxes$20,676
Tax year2026
Taxes w/ assessments20676
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District719 - Prior Lake-Savage Area Schools
District number719
District phone9522260000
High schoolPrior Lake-Savage Area Schools
SODL flat fee brokerage
$76,500Estimated buyer credit
SODL platform fee $3,000Your buyer credit $76,500

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

$16,533/mo
Principal & interest$13,927
Property taxes$1,723
Home insurance (est.)$883
%
$530,000
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

5488 Fairlawn Shores Trail, Prior Lake, MN, 55372

Listing information

MLS #NST7071358
StatusActive
Last updatedSep 22, 2026, 4:59 PM
Originally listedJul 30, 2026, 10:58 AM
Listing officeRE/MAX Preferred

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.