Prior Lake Real Estate
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15438 Forsythe Road SE

Prior Lake, MN 55372

$1,650,000
4 bd·3 ba·3,000 sqft·77 days active
Listed by Aspire RealtyMLS #7056375ActiveFull MLS record →
15438 Forsythe Road SE, Prior Lake, MN photo 115438 Forsythe Road SE, Prior Lake, MN photo 215438 Forsythe Road SE, Prior Lake, MN photo 315438 Forsythe Road SE, Prior Lake, MN photo 415438 Forsythe Road SE, Prior Lake, MN photo 515438 Forsythe Road SE, Prior Lake, MN photo 615438 Forsythe Road SE, Prior Lake, MN photo 715438 Forsythe Road SE, Prior Lake, MN photo 815438 Forsythe Road SE, Prior Lake, MN photo 915438 Forsythe Road SE, Prior Lake, MN photo 1015438 Forsythe Road SE, Prior Lake, MN photo 1115438 Forsythe Road SE, Prior Lake, MN photo 12
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Nestled in the highly sought-after Candy Cove on Lower Prior Lake, this exceptional lakeside property offers the perfect blend of privacy, space, and luxury lake living. Situated on a spacious 0.66-acre lot with 115 feet of sandy shoreline, the property features a rare flat yard to the lake, creating an ideal setting for entertaining, relaxing, and enjoying everything lake life has to offer. Located in a quiet no-wake cove, you’ll enjoy calm waters, added privacy, and a peaceful atmosphere while still having easy access to the open waters of Lower Prior Lake. The expansive lot offers abundant parking and plenty of outdoor space for guests, recreation, and lakeside gatherings. Inside, the home offers over 3,000 finished square feet with 4 bedrooms and 3 bathrooms, featuring a layout designed for both everyday comfort and entertaining. The gourmet kitchen is perfectly positioned on the main level, creating an ideal flow for hosting and gathering, and is outfitted with high-end Miele and Viking appliances that elevate both style and functionality. Large windows throughout the living spaces bring in natural light and showcase beautiful lake views. The spacious primary suite offers a private retreat complete with a large bathroom and generous walk-in closet. Additional features include a premium Finlandia sauna with room for multiple guests, offering the perfect place to unwind after a day on the lake. Whether enjoying summer days on the sandy beach, boating from your private dock, or taking in peaceful evenings by the water, this property captures the very best of Lower Prior Lake living — all just minutes from Prior Lake’s dining, shopping, parks, and top-rated schools.

The facts

Property type
Single Family
Year built
1968
Finished sqft
3,000
Lot size
0.66 acres
Garage
2 spaces
Levels
More Than 2 Stories
Basement
Block, Finished
Heating
Forced Air
Cooling
Central Air
Fireplaces
3
School district
Prior Lake-Savage Area Schools

Bathrooms: 2 full, 1 three-quarter.

Room by room

RoomLevelSize
Living RoomLower
Dining RoomLower
BedroomUpper
Bedroom 2Main
Bedroom 3Main
Bedroom 4Main
Athletic CourtLower
Bar/Wet Bar RoomLower
Family RoomLower
BathroomUpper
BathroomLower
BathroomMain
DeckUpper
DeckMain
LaundryUpper
LaundryLower

Room dimensions in feet, as submitted to the MLS.

On Lower Prior

Lakefront
Shoreline
115 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 Shangri-La median
263% above
The 6-month median sale price in Shangri-La is $455,000.
Price per square foot
$550/sqft
Shangri-La closed sales average $334/sqft.
Property taxes (2026)
$14,185/yr
That is 0.9% 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 15438 Forsythe Road SE
Every photo, complete listing details, showing requests, and saved searches.
Listings courtesy of NorthstarMLSBroker Reciprocity

Source. Listing courtesy of Aspire 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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