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3129 Vale Cir SW, Prior Lake, MN, 55372

2beds
2baths
1,770sqft
$850,000
$480price/sqft
$5,633/moest. monthly cost
$225,320/yrincome needed

About This Home

Discover a rare opportunity to own 1.67 private acres with navigable waterfront access in the heart of Prior Lake. Built in 2021 by Key Land Homes, this custom single-level residence offers 2 bedrooms, 2 bathrooms, and an oversized 2-car garage, blending modern construction with an incredible natural setting. Situated on the waterway connecting Spring Lake and Upper Prior Lake, this unique property includes the ability to install a private dock, providing direct boat access to Prior Lake for endless days of boating, fishing, watersports, and sunset cruises right from your own backyard. Surrounded by mature trees, the home offers exceptional privacy and an "Up North" feel while remaining just minutes from shopping, dining, schools, and all the conveniences of Prior Lake. The current owners have thoughtfully created a Well-manicured trail throughout the property, allowing you to enjoy peaceful walks, wildlife, and your own secluded retreat in every season. Inside, you'll appreciate the quality craftsmanship and thoughtful design of this nearly new home, featuring an open-concept layout, abundant natural light, and comfortable main-level living. Whether you're entertaining guests, relaxing after a day on the lake, or exploring your own wooded acreage, this property delivers a lifestyle that is incredibly difficult to find. Property Highlights • Built in 2021 by Key Land Homes • 2 bedrooms | 2 bathrooms • Oversized 2-car garage • 1.67-acre wooded lot • Waterway frontage with dock • Direct boating access to Upper Prior Lake • Mature trees providing outstanding privacy • Private walking trails throughout the property • "Up North" atmosphere just minutes from city conveniences • A rare combination of newer construction, acreage, waterfront access, and an unbeatable Prior Lake location. This is a one-of-a-kind property offering the best of lake living, privacy, and modern comfort—all in the heart of Prior Lake. The lower level of this home has 1,888 Square footage to be finished, which could include up to 4 bedroom or a combination of 2 bedrooms, an office and a family room. In addition, the lower level also has a rough in Full Bathroom. The possibilities are endless to make this home your own.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
32
BikeSomewhat Bikeable

Schools

7/10
8/10
9/10
Prior Lake High SchoolGrades 9-124.3 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2021

Materials

  • Roof: Age 8 Years or Less,Asphalt,Pitched
  • Construction materials: Block,Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Cooktop,Dishwasher,Disposal,Dryer,Exhaust Fan,Humidifier,Microwave,Refrigerator,Stainless Steel Appliance(s),Washer,Water Softener Owned
  • Laundry features: Gas Dryer Hookup,Laundry Room,Main Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Block,Daylight,Drain Tiled,Egress Window(s),Full,Sump Basket,Sump Pump,Unfinished

Bedroom

  • Level: Main
  • Area: 280
  • Dimensions: 14x20

Bedroom2

  • Level: Main
  • Area: 169
  • Dimensions: 13x13

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 286
  • Dimensions: 11x26

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,770

Garage

  • Level: Main
  • Area: 638
  • Dimensions: 29x22

Heating & Cooling

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

Interior Area

  • Total structure area: 3,658
  • Total interior livable area: 1,770 sqft

Kitchen

  • Level: Main
  • Area: 198
  • Dimensions: 11x18

Laundry

  • Level: Main
  • Area: 35
  • Dimensions: 7x5

Living Room

  • Level: Main
  • Area: 437
  • Dimensions: 19x23

Other

  • Level: Lower
  • Area: 1888
  • Dimensions: 59x32

Walk In Closet

  • Level: Main
  • Area: 42
  • Dimensions: 7x6

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 251330392
  • Zoning description: Residential-Single Family
  • Foundation area: 1888

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: None
  • Has view: Yes
  • View description: North,Lake
  • Has water view: Yes
  • Water view: Lake
  • Waterfront features: Creek/Stream,Lake View,Waterfront Elevation(10-15),Lake Bottom(Gravel)

Lot

  • Lot size: 1.47 Acres
  • Features: Accessible Shoreline,Tree Coverage - Medium
  • Lot size dimensions: 42 x 120 x 123 x 51 x 42 x 43 x 58 x 64 x 246 x 239 x 134 x 232

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 WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Heat Wave
Tornado
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 $4,298$51,576
Home Insurance *$461$5,532
Property Taxes $704$8,448
Electricity $170$2,050
Total$5,633$67,596
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$193,131/yr
40% on housing$168,990/yr
45% on housing$150,213/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

$480This listing

vs Other Active Listings

Avg $/sqft

ZIP 55372$243
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
2026-08-02Listed for sale$850,000
2020-07-15Sold$310,000

New Construction

AgentJames S Gilbertson
BrokerageEdina Realty, Inc.

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