Waterfront

Prior Lake, MN Waterfront Land for Sale

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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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Land, Prior Lake, MN
Updated: Jul 30
Land, Prior Lake, MN

21567 Vergus Avenue, Prior Lake, MN 55372

$345,000
6.05 AC lot
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Waterfront Land Parcel
Waterfront Land Parcel

1XX Malibu Avenue, Prior Lake, MN 55372

$2,975,000

Waterfront land parcel accessed via County Road 10 and Malibu Avenue directions from Highway 13.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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 Land with South-Facing Shoreline
Waterfront Land with South-Facing Shoreline

4877 Island View Drive, Mound, MN 55364

$849,000
0.18 AC lot

Build-ready waterfront lot with 80 feet of south-facing shoreline and city sewer and water available.

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Land, Excelsior, MN
Land, Excelsior, MN

Meadville Street, Excelsior, MN 55331

$5,299,000
0.40 AC lot

Waterfront Land · 0.40 Acres

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Buildable Waterfront Residential Lot
Buildable Waterfront Residential Lot

185 Lakeview Avenue, Excelsior, MN 55331

$499,000

Buildable residential lot offers slab-on-grade homesite across the street from Lake Minnetonka.

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Waterfront Lagoon Land Lot
Waterfront Lagoon Land Lot

4720 Lagoon Dr, Mound, MN 55364

$750,000

Waterfront land on a Lake Minnetonka lagoon with an existing set of older pilings.

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Prior Lake, MN Waterfront Land Market Trends and Statistics

Explore 3 waterfront land for sale in Prior Lake, MN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 304,049 square feet of properties for sale, with an estimated market value of $4,310,000.

Sale prices for water rights properties in Prior Lake, MN start at $345,000, averaging $1,436,666, and reaching up to $2,975,000 — 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

Residential land & home lots 8
Commercial land 3
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 $1.4M

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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