15153 Cates Lake Dr, Prior Lake, MN, 55372
About This Home
A masterful blend of luxury and timeless elegance awaits just moments from the shores of Prior Lake. This exquisitely remodeled residence is perfectly positioned to capture both privacy and convenience, with the lake’s vibrant amenities only minutes away. Set on serene grounds with a lush backyard and expansive private deck, the home invites seamless indoor–outdoor living. Every detail of the remodel reflects a commitment to craftsmanship and sophistication, showcasing traditional architectural lines softened with a warm, welcoming spirit. Inside, over 2,444 square feet of refined living space unfolds with effortless grace. The open layout is anchored by an inviting living room with a dramatic see-through fireplace, a sophisticated informal dining area, and a versatile office or den. The interiors balance understated elegance with everyday comfort, creating an atmosphere of tranquility and style. The renovation leaves nothing untouched: new furnace and AC, new roof, new appliances, new cabinetry, new countertops, new doors, new water heater, new flooring, and a striking double-sided gas fireplace. The breakfast bar and spacious deck make the home as ideal for grand entertaining as it is for intimate gatherings. Designed with convenience in mind, the residence offers true main-level living, complete with a generous mudroom and laundry area. Every element has been curated to provide a sanctuary that is both timeless and turnkey.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1997
Materials
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Block
Bedroom
- Level: Main
- Area: 196
- Dimensions: 14x14
Bedroom2
- Level: Main
- Area: 120
- Dimensions: 10x12
Bedroom3
- Level: Lower
- Area: 144
- Dimensions: 12 x 12
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Family Room
- Level: Lower
- Area: 336
- Dimensions: 24x14
Features
- Number of fireplaces: 1
- Fireplace features: Double Sided,Gas
- Finished area below ground: 800
- Finished area above ground: 1,632
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 2,550
- Total interior livable area: 2,550 sqft
Kitchen
- Level: Main
- Area: 96
- Dimensions: 12x8
Laundry
- Level: Main
- Area: 72
- Dimensions: 12x6
Living Room
- Level: Main
- Area: 378
- Dimensions: 21x18
Office
- Level: Main
- Area: 120
- Dimensions: 12x10
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 262580090
- Zoning description: Residential-Single Family
- Foundation area: 1632
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
Lot
- Lot size: 10,018 sqft
- Features: Tree Coverage - Medium
- Lot size dimensions: 139 x 21 x 139 x 111
Parking
- Total spaces: 2
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
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
- Cold Wave
- Hail
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Scott County and Minnesota
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,098 | $25,176 |
| Home Insurance * | $225 | $2,700 |
| Property Taxes | $362 | $4,344 |
| Electricity | $215 | $2,580 |
| Total | $2,900 | $34,800 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-13 | Price change | $424,950 |
| 2026-03-03 | Listed for sale | $439,950 |
| 2026-03-02 | Listing removed | $444,950 |
| 2025-12-22 | Price change | $444,950 |
| 2025-10-17 | Price change | $454,950 |
| 2025-09-04 | Listed for sale | $464,950 |
| 2023-05-25 | Sold | $301,201 |
| 2011-09-06 | Sold | $300,000 |
| 2005-03-29 | Sold | $300,000 |
| 2003-04-03 | Sold | $301,500 |
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