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
... (Read more) 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 adds another unexpected piece of history.
The current traditional farmhouse style home was designed to respect what came before. The main level features a welcoming living room with a wood burning fireplace, custom built ins, and warm architectural details. The adjoining sunroom frames panoramic views of Lower Prior Lake, while the kitchen features custom cabinetry, granite countertops, a large center island, and an open connection to the dining and living areas. Covered porches at the front of the home and along the lakeside create comfortable spaces for morning coffee, summer dinners, and evening views across the water.
Upstairs, the private primary suite captures elevated lake views and includes a spacious walk in closet and a bathroom with dual vanities and a tiled walk in shower. Additional bedrooms, well designed bathrooms, and upper level laundry provide a practical layout for family and guests.
The walkout lower level features a large family room and flexible finished spaces that can serve as an office, gym, hobby area, or accommodations for overnight visitors. It also provides direct access to the backyard and shoreline.
Outside, established gardens, a pergola covered patio, the historic stone fire pit, and multiple gathering areas allow the grounds to feel like a natural extension of the home. Positioned between the home and the water’s edge, the Lakeside Retreat features French doors, stained glass, a loft, and a private deck overlooking the lake.
The generous lot also provides long term flexibility to expand the home while preserving the property’s privacy and character. This lake property is not limited by its current footprint. It presents a rare opportunity to create a custom estate with multiple possibilities for future expansion.
5488 Fairlawn Shores Trail is more than a lake house. It is a home, a shoreline, and a piece of Lower Prior Lake history brought together in one remarkable property.
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 Name | Dimensions | Level |
|---|---|---|
| Amusement Room | 35x17 | Lower |
| Deck | 14x10 | Main |
| Dining Room | 14x14 | Main |
| Exercise Room | 13x12 | Lower |
| First (1st) Bedroom | 16x13 | Upper |
| Fourth (4th) Bedroom | 14x12 | Lower |
| Foyer | 12x6 | Main |
| Living Room | 20x15 | Main |
| Primary Bath | 10x10 | Upper |
| Office | 10x8 | Main |
| Pantry (Walk-In) | 8x5 | Main |
| Porch | 14x13 | Main |
| Second (2nd) Bedroom | 11x11 | Upper |
| Third (3rd) Bedroom | 15x11 | Upper |
| Other | 17x14 | Main |
| Kitchen | 13x16 | Main |
| Storage Room | 26x10 | Lower |
| Sun Room | 13x12 | Main |
Documents

Listing Office: RE/MAX Preferred
Last Updated: September - 22 - 2026
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Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal.
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Floorplan Layout Fairlawn.pdf ›