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Listing Details

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5488 Fairlawn Shores Trail SE
Prior Lake, MN 55372
FOR
SALE
$2,650,000
Active
4
Beds
4
Baths
2
Garage
4,496
Sqft
2006
Yr. Built
MLS# 7071358
Cumulative Days on Market: 41 · Includes prior listings · Currently listed since 07/30/26 · Data provided by the MLS.

Property Description

Some lake homes are defined by the house. At 5488 Fairlawn Shores Trail, the entire property sets it apart. Set 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 offers 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, parts of its history remain throughout the property. Stones from the original rock foundation were preserved and used to build 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. Inside, the main level includes 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 offers custom cabinetry, granite countertops, a large center island, and an open connection to the dining and living areas. Covered front and lakeside porches provide 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 bath with dual vanities and a tiled walk-in shower. Additional bedrooms, well-designed bathrooms, and upper-level laundry create a practical layout for family and guests. The walkout lower level includes a large family room and flexible finished spaces for an office, gym, hobbies, or overnight visitors, with direct access to the backyard and shoreline. Outside, established gardens, a pergola-covered patio, the historic stone fire pit, and multiple gathering areas make the grounds feel like an extension of the home. Set 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 offers 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 is 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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Property Highlights

Property Type
Residential
Property Sub Type
Single Family
Bedrooms
4
Total Bathrooms
4
Living Area
4,496 Sqft
Price / Sqft
$589
Year Built
2006
Water Body Number
70002600
Lake Class
General Development

Location

City/Township
Prior Lake
View
Panoramic
Subdivision
Fair Lawn Shores
County
Scott
Zoning Description
Residential-Single Family

Lake/Waterfront Information

Water Body Name
Lower Prior
Lake Acres
956
Lake Depth
60
Water Front (feet)
117
Waterfront Features
Lake Front
Lake Chain
N
Lake Class
General Development
Water Body Number
70002600

Property Details

Price
$2,650,000
Property Type
Residential
Property Sub Type
Single Family

Building

Levels
Two
Total Area
4,496

Community

Local Schools

School District
Prior Lake-Savage Area Schools

Interior Features

Bedrooms and Bathrooms

Total Bathrooms
4
Full Bathrooms
1
1/2 Bathrooms
1
3/4 Bathrooms
2
Bedrooms
4

Rooms and Basement

Has Basement
Yes
Basement Features
Finished, In-Floor Heat, Walkout

Area and Spaces

Living Area
4,496 Sqft
Above Grade Finished Area
2,835
Below Grade Finished Area
1,661

Appliances

Appliances
Dishwasher, Disposal, Dryer, Range, Refrigerator, Stainless Steel Appliances, Washer

Interior Features

Laundry Features
Laundry Closet, Upper Level
Accessibility Features
None
Fireplace Features
Living Room, Wood Burning Stove

Heating and Cooling

Heating Features
Forced Air, Fireplace(s), In-Floor Heating
Has Fireplace
Yes
Fireplaces
1

Building Details

Construction

Year Built
2006
Foundations
Poured Concrete

Materials

Roof
Age Over 8 Years, Asphalt

Terms

Terms

Contingency
None

Taxes

Tax

Tax (Annual)
$20,676

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

Sewer
City Sewer - In Street
Water Source
City Water - In Street

Lot

Lot Size
0.56
Lot Dimensions
111x242x117(L)x205
Road Frontage
City Street, Paved Streets

Exterior Features

Exterior Features
Cement Board

Parking

Garage Capacity
2
Parking Features
Attached Garage, Asphalt

Pool Features

Pool Features
None
Listed by RE/MAX Preferred
Listing Data last updated 09/10/2026 04:40 am
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Property History

2 days ago
Property information last updated
41 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 41 days (includes prior listings) · Currently listed since July 30, 2026. Data provided by the MLS.

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5488 Fairlawn Shores Trail SE - MLS#7071358 - $2,650,000
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