5488 Fairlawn Shores Trail SE, Prior Lake, MN 55372 (MLS# 7071358)

5488 Fairlawn Shores Trail SE, Prior Lake, MN 55372

$2,650,000
Property Type: Residential Bedrooms: 4 Baths: 4 Square Footage: 4,496 Lot Size (sq. ft.): 24,394 Status: Active
Current Price: $2,650,000 List Date: 7/30/2026 Last Modified: 9/22/2026

Overview

Description

Some lake homes are defined by the house. At 5488 Fairlawn Shores Trail, it is the entire property that sets this home apart. Situated on .56 acres along Lower Prior Lake, the home is surrounded by mature trees, established gardens, stone paths, covered porches, and outdoor spaces that lead naturally toward the shoreline. The setting provides privacy, usable land, and a depth of character that is increasingly difficult to find on the lake. That character dates back to 1872, when the original cottage was built by a Civil War veteran. Although the cottage is no longer standing, pieces of its history remain throughout the property. Stones from the original rock foundation were preserved and used to create the backyard fire pit. Redwood wall paneling from the cottage was incorporated into the current home. Photographs of the original cottage are displayed inside, along with the veteran’s preserved military pouch. Near the driveway, a streetlamp salvaged from London after World War II a ...

Listing Details MLS# 7071358

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Waterfront Frontage
117
Waterfront YN
Yes
Year Built
2006
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
2
Bath Half
Yes
Main Floor Total SqFt
1667
Above Grd Total SqFt
2835
Below Grd Total SqFt
1661
Total SqFt
4496
Total Finished Sqft
4496.00
FireplaceYN
Yes
Lake/Waterfront Name
Lower Prior
Style
(SF) Single Family
Foundation Size
1921
Garage Stalls
2
Lot Dimensions
111x242x117(L)x205
Acres
0.56
Assessment Pending
No

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Deck; Hardwood Floors; Kitchen Center Island; Natural Woodwork; Panoramic View; Porch; Primary Bedroom Walk-In Closet; Sun Room; Tile Floors; Walk-In Closet; Washer/Dryer Hookup Appliances: Dishwasher; Disposal; Dryer; Range; Refrigerator; Washer Basement: In-Floor Heat Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath; 3/4 Primary; 3/4 Basement Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Kitchen/Dining Room Exterior: Cement Board Family Room Characteristics: Family Room; Lower Level Fireplace Characteristics: Living Room Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air; In-Floor Heating Laundry: Laundry Closet; Upper Level Outbuildings: Bunk House Pool Description: None Road Frontage: City Street; Paved Streets Roof: Age Over 8 Years; Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer - In Street Special Search: 2nd Floor Laundry; 3 BR on One Level Stories: Two Water: City Water - In Street Waterfront Type: Lake Front Waterfront View: Panoramic

Contract Information

Contingency
None
Original List Price
2650000
ListPrice
2650000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5488
Street Name
Fairlawn Shores
Street Suffix
Trail
Street Direction Suffix
SE
Postal City
Prior Lake
County
Scott
State
MN
Zip Code
55372
Complex/Dev/Subdivision
Fair Lawn Shores

Assessments

Tax With Assessments
20676

Building Information

Finished SqFt Above Ground
2835
Finished SqFt Below Ground
1661

More Information

Lake Details

Lake Acres
956
Lake Depth
60

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
29x25
Garage Square Feet
725

Room Information

Room NameDimensionsLevel
Amusement Room35x17Lower
Deck14x10Main
Dining Room14x14Main
Exercise Room13x12Lower
First (1st) Bedroom16x13Upper
Fourth (4th) Bedroom14x12Lower
Foyer12x6Main
Living Room20x15Main
Primary Bath10x10Upper
Office10x8Main
Pantry (Walk-In)8x5Main
Porch14x13Main
Second (2nd) Bedroom11x11Upper
Third (3rd) Bedroom15x11Upper
Other17x14Main
Kitchen13x16Main
Storage Room26x10Lower
Sun Room13x12Main
IDX
Listing Office: RE/MAX Preferred
Last Updated: September - 22 - 2026
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