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5338 Lemley Cir SE, Prior Lake, MN, 55372

3beds
2baths
2,152sqft
$450,000
$209price/sqft
$3,034/moest. monthly cost
$121,360/yrincome needed

About This Home

Summer is calling and buyers looking for lake-lifestyle on Lower Prior Lake will enjoy all 5338 Lemley Circle SE, Prior Lake, has to offer. Association maintained two acres of common area with private sandy beach, firepit, covered picnic area and private boat launch. With the association, buyer will enjoy an immediate boat slip and dock. The home has three bedrooms, two baths and a two-car garage on .43 acre. Touches of mid-century modern features include a brick wall in living room, original hardwood floors in upper-level bedrooms, and original bathroom tile and lighting. The lake-facing sunroom is accessed through French doors and includes a gas fireplace, bay windows and built-in cabinetry. New flooring in main and lower level of home. Laundry room, a ¾ bath, and utilities are also in the lower level that walks out to the backyard.

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

8/10
7/10
9/10
Prior Lake High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1964

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Dryer,Refrigerator,Wall Oven,Washer
  • Laundry features: In Basement,Gas Dryer Hookup,Lower Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Block,Finished,Walk-Out Access

Bedroom

  • Level: Upper
  • Area: 154
  • Dimensions: 14x11

Bedroom2

  • Level: Upper
  • Area: 165
  • Dimensions: 11x15

Bedroom3

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

Bedrooms & Bathrooms

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

Family Room

  • Level: Lower
  • Area: 325
  • Dimensions: 25x13

Features

  • Number of fireplaces: 2
  • Fireplace features: Family Room,Gas,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 424
  • Finished area above ground: 1,487

Heating & Cooling

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

Interior Area

  • Total structure area: 2,152
  • Total interior livable area: 2,152 sqft

Kitchen

  • Level: Main
  • Area: 121
  • Dimensions: 11x11

Laundry

  • Area: 112
  • Dimensions: 16x7

Living Room

  • Level: Main
  • Area: 273
  • Dimensions: 21x13

Sun Room

  • Level: Main
  • Area: 264
  • Dimensions: 22x12

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 250550170
  • Zoning description: Residential-Single Family
  • Foundation area: 1184

Features

  • Levels: Three Level Split
  • Pool features: None
  • Patio & porch: Front Porch,Patio
  • Fencing: None
  • Has view: Yes
  • View description: Lake,North,West
  • Has water view: Yes
  • Water view: Lake
  • Waterfront features: Association Access,Lake View

Lot

  • Lot size: 0.43 Acres
  • Features: Tree Coverage - Medium
  • Lot size dimensions: 109 x 216 x 65 x 217

Parking

  • Total spaces: 2
  • Parking features: Attached,Asphalt,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Strong Wind
    Strong WindVery High
  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Tornado
Heat Wave
Inland Flooding
Lightning
Winter Weather

FEMA Declared Disasters in Scott 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 $2,275$27,300
Home Insurance *$244$2,928
Property Taxes $334$4,008
Electricity $181$2,178
Total$3,034$36,408
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$104,022/yr
40% on housing$91,020/yr
45% on housing$80,906/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: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: -2.2%
-2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$209This listing

vs Other Active Listings

Avg $/sqft

ZIP 55372$246
Scott County$207

vs Homes Sold Last Month

Median $/sqft

ZIP 55372$231
Scott County$204

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
2026-05-07Price change$545,000
2026-04-16Price change$575,000
2026-03-31Listed for sale$610,000

For Sale by Agent

AgentCarolyn Madson
BrokerageEdina Realty, Inc.

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