Prior Lake Real Estate
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15283 Edgewater Circle NE

Prior Lake, MN 55372

$2,300,000
4 bd·3 ba·3,354 sqft·63 days active
Listed by Coldwell Banker RealtyMLS #6814638ActiveFull MLS record →
15283 Edgewater Circle NE, Prior Lake, MN photo 115283 Edgewater Circle NE, Prior Lake, MN photo 215283 Edgewater Circle NE, Prior Lake, MN photo 315283 Edgewater Circle NE, Prior Lake, MN photo 415283 Edgewater Circle NE, Prior Lake, MN photo 515283 Edgewater Circle NE, Prior Lake, MN photo 615283 Edgewater Circle NE, Prior Lake, MN photo 715283 Edgewater Circle NE, Prior Lake, MN photo 815283 Edgewater Circle NE, Prior Lake, MN photo 915283 Edgewater Circle NE, Prior Lake, MN photo 1015283 Edgewater Circle NE, Prior Lake, MN photo 1115283 Edgewater Circle NE, Prior Lake, MN photo 12
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Available for the first time in over 40 years, this meticulously maintained walkout rambler is set on one of the most coveted trophy lots on Prior Lake—offering the rare opportunity to enjoy as-is, remodel, or build your dream lakefront estate. Featuring 131 feet of pristine shoreline on Lower Prior Lake and positioned on a flat, expansive .57-acre lot, the property offers breathtaking east-facing sunrise views year-round. Located on highly sought-after Martinson Island, it provides a rare blend of prestige and convenience. Built in 1986 and lovingly cared for by its original owners, the home offers 4 bedrooms, 3 bathrooms, a 3-car garage, and desirable main-level living. Rich in quality craftsmanship and timeless vintage character, the residence is solid, spacious, and thoughtfully designed. While the home itself is impressive, the true centerpiece is the extraordinary lot, panoramic water views, and irreplaceable setting. This is a rare generational opportunity to secure one of Prior Lake’s most remarkable lakefront properties—just minutes from shopping, dining, Minneapolis, Saint Paul, Minneapolis–Saint Paul International Airport, Flying Cloud Airport, Mystic Lake Casino Hotel, Canterbury Park, and multiple premier golf courses.

The facts

Property type
Single Family
Year built
1986
Finished sqft
3,354
1,874 above grade, 1,480 below
Lot size
0.57 acres
Garage
3 spaces
Levels
One
Basement
Block, Drain Tiled, Finished, Kitchenette, Storage Space, Sump Basket, Walkout
Heating
Forced Air
Cooling
Central Air
Fireplaces
2
School district
Prior Lake-Savage Area Schools

Bathrooms: 1 full, 2 three-quarter.

Room by room

RoomLevelSize
Living RoomMain22x15
KitchenMain14x14
Informal Dining RoomMain11x14
Dining RoomMain11x15
LaundryMain13x8
BedroomMain12x17
Bedroom 2Main13x11
Bedroom 3Lower12x15
Bedroom 4Lower11x13
Family RoomLower22x15
Recreation RoomLower16x15
Kitchen- 2ndLower5x9
Game RoomLower11x14
Mud RoomLower7x15
StorageLower19x9
Utility RoomLower21x11

Room dimensions in feet, as submitted to the MLS.

On Lower Prior

Lakefront
Shoreline
131 ft
Lake size
956 acres
Max depth
60 ft
DNR class
General Development

Lake-by-lake pricing and the Prior Lake waterfront premium →

How the numbers sit

List price vs Raspberry Ridge median
369% above
The 6-month median sale price in Raspberry Ridge is $490,000.
Price per square foot
$686/sqft
Raspberry Ridge closed sales average $227/sqft.
Property taxes (2025)
$17,692/yr
That is 0.8% of the list price. Prior Lake homes sold since 2023 average 0.83%.
HOA
None on record
43.5% of Prior Lake homes sold since 2023 carry an HOA.

Comparisons use closed-sale medians computed from the NorthstarMLS feed for this site’s market pages. They describe the market, not the value of this home.

The neighborhood

What did homes near this one actually sell for?

List prices are asking numbers. The sold prices in the MLS are the real ones. Leave your name and email, and Mark Gores of RE/MAX Advantage Plus will pull the recent sales around this home and send them to you personally.

One email with the numbers. No drip campaign, no list.

Full MLS record for 15283 Edgewater Circle NE
Every photo, complete listing details, showing requests, and saved searches.
Listings courtesy of NorthstarMLSBroker Reciprocity

Source. Listing courtesy of Coldwell Banker Realty via NorthstarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of July 2, 2026 at 5:00 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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