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5432 Lake Ave, Shoreview, MN, 55126

4beds
4baths
5,642sqft
$2,995,000
$531price/sqft
$20,367/moest. monthly cost
$814,680/yrincome needed

About This Home

Rare opportunity to build your custom dream home with HANSON BUILDERS on this exceptional TURTLE LAKE homesite, featuring 100' of pristine lakeshore and breathtaking panoramic water views. Nestled on a picturesque setting, this premier lake lot offers the perfect backdrop for enjoying spectacular sunsets and the peaceful beauty of lakeside living. Design a home tailored to your lifestyle and personalize every detail to create a one of a kind retreat. Hanson Builders provides an exceptional custom home experience with a streamlined, client-focused building process, including the convenient online Buildertrend platform to keep homeowners informed and engaged throughout every stage of construction. This is a rare opportunity to build on one of the area's most coveted lakefront settings. Conveniently located with quick access to 35W and 694, shops and restaurants. Don't miss your chance to create the lake home you've always dreamed of on beautiful Turtle Lake.

Getting Around

8
WalkingCar-Dependent
0
TransitNo Nearby Transit
35
BikeSomewhat Bikeable

Schools

8/10
8/10
Chippewa Middle SchoolGrades 6-81.4 mi
10/10

Construction

Condition

  • Year built: 2026

Materials

  • Roof: Age 8 Years or Less,Asphalt,Pitched

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Range,Refrigerator,Washer,Water Softener Owned
  • Laundry features: Electric Dryer Hookup,Laundry Room,Main Level,Sink,Upper Level,Washer Hookup

Basement

  • Basement: None

Bedroom

  • Level: Main
  • Area: 238
  • Dimensions: 17x14

Bedroom2

  • Level: Upper
  • Area: 238
  • Dimensions: 17x14

Bedroom3

  • Level: Upper
  • Area: 196
  • Dimensions: 14x14

Bedroom4

  • Level: Upper
  • Area: 238
  • Dimensions: 17x14

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 1
  • 3/4 bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 172.5
  • Dimensions: 15x11.5

Family Room

  • Level: Upper
  • Area: 594
  • Dimensions: 27x22

Features

  • Number of fireplaces: 2
  • Fireplace features: Gas,Living Room,Stone
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 5,642

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,642
  • Total interior livable area: 5,642 sqft

Kitchen

  • Level: Main
  • Area: 308
  • Dimensions: 22x14

Living Room

  • Level: Main
  • Area: 340
  • Dimensions: 20x17

Study

  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Sun Room

  • Level: Main
  • Area: 285
  • Dimensions: 19x15

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 113023220040
  • Zoning description: Residential-Single Family
  • Foundation area: 2826

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Patio
  • Has view: Yes
  • View description: Lake,Panoramic
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Waterfront Elevation(0-4),Lake Bottom(Excellent Sand)
  • Frontage length: Water Frontage: 100

Lot

  • Lot size: 0.43 Acres
  • Features: Accessible Shoreline,Tree Coverage - Medium
  • Lot size dimensions: 100 x 187

Parking

  • Total spaces: 3
  • Parking features: Attached,Asphalt,Floor Drain,Garage,Garage Door Opener,Heated Garage,Insulated Garage
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Tornado
Heat Wave
Inland Flooding
Winter Weather

FEMA Declared Disasters in Ramsey County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $15,144$181,728
Home Insurance *$1,718$20,616
Property Taxes $3,030$36,360
Electricity $475$5,710
Total$20,367$244,404
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$698,297/yr
40% on housing$611,010/yr
45% on housing$543,120/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$531This listing

vs Other Active Listings

Avg $/sqft

ZIP 55126$194
Ramsey County$165

vs Homes Sold Last Month

Median $/sqft

ZIP 55126$200
Ramsey County$198

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-22Price change$1,350,000
2026-06-21Listed for sale$2,995,000
2025-12-01Sold$1,326,000
2025-11-10Pending sale$1,249,900
2025-11-07Listed for sale$1,249,900
2020-12-01Sold$800,000
2020-10-19Pending sale$800,000
2020-09-27Listed for sale$800,000
2003-07-18Sold$637,000
2003-02-28Sold$611,000
2001-09-11Sold$583,000

For Sale by Agent

AgentLucas K Hanson
BrokerageEdina Realty, Inc.

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