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60340 Maverick Ct, Madison Lake, MN, 56063

4beds
3baths
4,061sqft
$899,000
$221price/sqft
$5,779/moest. monthly cost
$231,160/yrincome needed

About This Home

You'll marvel at this stunning 4-bedroom, 3-bathroom home nestled on a large scenic lot on beautiful Lake Washington with Lake access. This property delivers the kind of lakeside living most people only dream about. Inside you'll discover gorgeous wood floors and a kitchen that means business, featuring a spacious island with elegant Cambria countertops and a double gas oven that will make holiday cooking feel like a breeze. The walk-in pantry ensures you will never run out of storage space, no matter how ambitious your grocery hauls get. The main level offers two generously sized bedrooms, including a primary suite with a luxurious walk-in shower. A convenient main floor laundry room complete with sink and closet keeps daily chores effortlessly manageable. Head downstairs to find two additional bedrooms, a bathroom, a large great room perfect for entertainment or a family gatherings. There's also a large storage room and a cold storage room for all your preserving needs. The home also features an Iron Curtain water filtration system for pristine water quality. Outside, the yard has been meticulously landscaped, the maintenance-free deck overlooks breathtaking views of Lake Washington, while shared lakefront access invite endless summer adventures. There's plenty of room for lake toys and more in this four-plus garage stalls with heated floors, heated sidewalks and a partially heated driveway to conquer those Minnesota winters. With two-zone heating and cooling throughout, comfort follows you from room to room. Schedule your private showing today and make lake life living yours.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

8/10
5/10
6/10

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 2011

Materials

  • Roof: Asphalt
  • Construction materials: Frame/Wood,Cement Board

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Washer,Electric Water Heater,Water Softener Owned
  • Laundry features: Washer/Dryer Hookups,Main Level

Basement

  • Has basement: Yes
  • Basement: Egress Windows,Finished,Walk-Out Access,Concrete,Full,Walk-out

Bedroom

  • Level: Main
  • Area: 168

Bedroom1

  • Level: Main
  • Area: 224

Bedroom2

  • Level: Lower
  • Area: 266

Bedroom3

  • Level: Lower
  • Area: 182

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 2
  • 1/4 bathrooms: 1
  • Main level bathrooms: 3
  • Main level bedrooms: 4

Dining Room

  • Features: Combine with Kitchen,Eat-in Kitchen,Formal Dining Room
  • Level: Main
  • Area: 192

Features

  • Broadband Available,Ceiling Fan(s),Eat-In Kitchen,Kitchen Center Island,Natural Woodwork,Vaulted Ceiling(s),Walk-In Closet(s),Central Vacuum,Bath Description: 3/4 Basement,3/4 Primary,Main Floor Full Bath,Private Primary,Main Floor Bedrooms
  • Flooring: Hardwood,Tile
  • Fireplace features: Living Room
  • Fireplace: Yes
  • Finished area below ground: 1,754
  • Finished area above ground: 1,999

Heating & Cooling

  • Heating features: Fireplace(s),Forced Air,Geothermal,Floor Furnace,Natural Gas
  • Cooling features: Central Air,Geothermal

Interior Area

  • Total structure area: 3,753
  • Total interior livable area: 4,061 sqft

Kitchen

  • Level: Main
  • Area: 221

Living Room

  • Level: Main
  • Area: 408

Property

Accessibility

  • Accessibility features: Partially Wheelchair,Roll in Shower

Details

  • Parcel number: r37.05.19.227.037
  • Other equipment: Air to Air Exchange,Water Filtration System
  • Foundation area: 2391

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Porch
  • Exterior features: Boat Slip,Dock
  • On waterfront: Yes
  • Waterfront features: Shared
  • Waterbody name: Washington
  • Frontage type: Waterfront
  • Frontage length: Water Frontage: 100

Lot

  • Lot size: 0.61 Acres
  • Features: Accessible Shoreline,Irregular Lot,Landscaped,Ravine,Tree Coverage - Medium,Paved
  • Lot size dimensions: 159 x 80 x 119 x 100 x 143 x 33

Parking

  • Total spaces: 4
  • Parking features: Concrete,RV Access/Parking,Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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 WaveVery High
  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Winter Weather
Hail
Drought
Heat Wave
Tornado

FEMA Declared Disasters in Blue Earth 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 $4,545$54,540
Home Insurance *$232$2,784
Property Taxes $660$7,920
Electricity $342$4,110
Total$5,779$69,348
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$198,137/yr
40% on housing$173,370/yr
45% on housing$154,106/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: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$221This listing

vs Other Active Listings

Avg $/sqft

ZIP 56063$195
Blue Earth County$134

vs Homes Sold Last Month

Median $/sqft

ZIP 56063
Blue Earth County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-01Listed for sale$920,000

For Sale by Agent

AgentRICH DRAHEIM
BrokerageWeichert REALTORS, Community Group

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