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746 Peninsula Point Rd, Shakopee, MN, 55379

5beds
5baths
6,227sqft
$2,250,000
$361price/sqft
$15,463/moest. monthly cost
$618,520/yrincome needed

About This Home

Modern and stylish vibes meet breathtaking lakefront living! An extraordinary, 5-bed / 5 bath, modern home offering a stunning shoreline with picturesque views and tons wooded privacy on a spectacular 1.28 acres. The Peninsula on Lake O’Dowd is a true hidden gem, perfectly placed to bask in southern sunshine and soak up stunning views of the south bay. Meticulously built in 2020 by award winning green builder, Sustainable 9 Design + Build. No element was overlooked in this light-filled, two-story home with striking floor-to-ceiling windows. Contemporary high-end kitchen with adjoining, walk-in custom pantry. Stylish open shelving, private game room, relaxing screened porch, great outdoor spaces including a deck and patio with unlimited serene, lake views. Luxurious, primary suite features a stunning walk-in shower, floating, double sink vanity, and a spacious walk-in closet. Amusement room with sleek concrete floors and custom walk-up bar. Massive, interior sport court is ready to provide a lifetime of fun right in the comforts of home - basketball, climbing wall and attached exercise room. One-of-a-kind murals throughout blend a sense of calm with a playful spirit. It’s truly a rare, distinctive home where bold industrial design meets classic, timeless style. Lake O’Dowd is a fully recreational lake well-known for its incredible ski course, great fishing, and easy access to Stonebrooke golf course located on the north end of the lake. Cast a line, hit the greens, kick back, and live in comfort and style! This is truly a unique and incredible lake property!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

5/10
7/10

Construction

Condition

  • Year built: 2020

Materials

  • Roof: Age 8 Years or Less,Flat,Rubber
  • Construction materials: Concrete,Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Dishwasher,Disposal,Dryer,Exhaust Fan,Freezer,Humidifier,Water Filtration System,Water Osmosis System,Microwave,Range,Refrigerator,Tankless Water Heater,Wall Oven,Washer,Water Softener Owned
  • Laundry features: Laundry Room,Upper Level

Basement

  • Has basement: Yes
  • Basement: Daylight,Drain Tiled,Egress Window(s),Finished,Full,Concrete,Sump Pump

Bedroom

  • Level: Upper
  • Area: 299
  • Dimensions: 23x13

Bedroom2

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

Bedroom3

  • Level: Upper
  • Area: 156
  • Dimensions: 13x12

Bedroom4

  • Level: Upper
  • Area: 144
  • Dimensions: 12x12

Bedroom5

  • Level: Lower
  • Area: 238
  • Dimensions: 14x17

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 2
  • 3/4 bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 198
  • Dimensions: 18x11

Family Room

  • Level: Lower
  • Area: 324
  • Dimensions: 18x18

Features

  • Number of fireplaces: 1
  • Fireplace features: Gas,Living Room
  • Finished area below ground: 2,052
  • Finished area above ground: 4,030

Heating & Cooling

  • Heating features: Boiler,Forced Air,Fireplace(s),In-Floor Heating,Radiant
  • Cooling features: Central Air

Interior Area

  • Total structure area: 6,227
  • Total interior livable area: 6,227 sqft

Kitchen

  • Level: Main
  • Area: 240
  • Dimensions: 20x12

Laundry

  • Level: Upper
  • Area: 110
  • Dimensions: 11x10

Living Room

  • Level: Main
  • Area: 306
  • Dimensions: 18x17

Loft

  • Level: Upper
  • Area: 210
  • Dimensions: 15x14

Other

  • Level: Lower
  • Area: 616
  • Dimensions: 28x22

Other

  • Level: Lower
  • Area: 180
  • Dimensions: 18x10

Sun Room

  • Level: Upper
  • Area: 180
  • Dimensions: 18x10

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 274120020
  • Zoning description: Residential-Single Family
  • Foundation area: 2197

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Deck,Patio,Screened
  • Fencing: None
  • Has view: Yes
  • View description: Bay,East,Lake,Panoramic,South
  • Has water view: Yes
  • Water view: Bay,Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Lake Bottom(Soft)
  • Frontage length: Water Frontage: 333

Lot

  • Lot size: 1.28 Acres
  • Features: Island/Peninsula,Tree Coverage - Medium
  • Lot size dimensions: 310 x 294

Parking

  • Total spaces: 3
  • Parking features: Attached,Concrete,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

  • Strong Wind
    Strong WindVery High
  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Tornado
Hail
Heat Wave
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 $11,377$136,524
Home Insurance *$1,174$14,088
Property Taxes $2,387$28,644
Electricity $525$6,302
Total$15,463$185,556
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$530,160/yr
40% on housing$463,890/yr
45% on housing$412,346/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

$361This listing

vs Other Active Listings

Avg $/sqft

ZIP 55379$173
Scott County$207

vs Homes Sold Last Month

Median $/sqft

ZIP 55379$198
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
2026-03-11Listed for sale$2,500,000
2026-03-11Listing removed$2,750,000
2025-10-15Listed for sale$2,750,000
2025-10-15Listing removed$2,750,000
2025-09-15Price change$2,750,000
2025-07-22Listed for sale$2,990,000
2020-07-07Sold$2,641,372
2019-11-12Sold$350,000
2018-02-02Listing removed$999,000
2017-08-08Listed for sale$999,000

For Sale by Agent

AgentZach Skattum
BrokerageRE/MAX Advantage Plus

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