Waterfront

Prior Lake, MN Waterfront Land for Sale

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Lakefront Residential Building Lot
Updated: Feb 12
Lakefront Residential Building Lot

21567 Vergus Avenue, Prior Lake, MN 55372

$375,000
6.05 AC lot
6+ acre lakefront lot with waterfront feature: lake
Southern exposure and western sunsets
Natural gas available
Private, peaceful setting for designing and building a custom home
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Lake Shore Buildable Land Parcel
Updated: Apr 29, 2025
Lake Shore Buildable Land Parcel

Bass St., Prior Lake, MN 55372

$990,000
0.93 AC lot
Two parcels (259350410 and 250430050) being combined into one large buildable lot
Approx. 1 acre of land with 723 (+/-) feet of private lake shore on Prior Lake
Land offers views to the north, west, and south
Property borders multiple bays, including quiet Sunfish Bay
Land borders an expansive city park and is near walking trails and Lakefront Park
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Prior Lake, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Waterfront Residential Development Lot
Waterfront Residential Development Lot

4877 Island View Drive, Mound, MN 55364

$869,000
0.18 AC lot

Build a lakeshore home on a small lot with south-facing shoreline and city sewer and water available.

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Waterfront Residential Buildable Lot
Waterfront Residential Buildable Lot

To Be Determined 232nd St W, Faribault, MN 55021

$175,000
1.70 AC lot

Build a lake home on a Cannon Lake lot with significant shoreline for water access and outdoor living.

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Wooded Walk-Out Lake View Lot
Wooded Walk-Out Lake View Lot

5123 Waterbury Road, Mound, MN 55364

$189,900
0.26 AC lot

Build on a wooded walk-out lot with seasonal Lake Minnetonka views and utilities ready for permitting.

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Buildable Waterfront-Adjacent Lot
Buildable Waterfront-Adjacent Lot

17001 Elmore Avenue, Faribault, MN 55021

$199,000
6.24 AC lot

Surveyed and septic design completed for a lake-area homesite.

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Prior Lake, MN Waterfront Land Market Trends and Statistics

Explore 2 waterfront land for sale in Prior Lake, MN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,365,000.

Sale prices for water rights properties in Prior Lake, MN start at $375,000, averaging $682,500, and reaching up to $990,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 9
Residential land & home lots 8
Waterfront Land 2

Demographics Overview

Population 84K
Population Growth (5Y) +6.6%
Median Household Income $122,650
College Educated 58.2%

High-Yield Neighborhoods for Investment

Identify Prior Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55372 $682.5K

Taxes & Financing

Tax Rate (average for all types) 2.45%
Property Tax per SF $20.62 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Scott County

New Delisted

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