Prior Lake Real Estate
← All Prior Lake listings
ActiveWaterfront

5488 Fairlawn Shores Trail SE

Prior Lake, MN 55372

$2,650,000
4 bd·4 ba·4,496 sqft·59 days active
Listed by RE/MAX PreferredMLS #7071358Active
5488 Fairlawn Shores Trail SE, Prior Lake, MN photo 15488 Fairlawn Shores Trail SE, Prior Lake, MN photo 25488 Fairlawn Shores Trail SE, Prior Lake, MN photo 35488 Fairlawn Shores Trail SE, Prior Lake, MN photo 45488 Fairlawn Shores Trail SE, Prior Lake, MN photo 55488 Fairlawn Shores Trail SE, Prior Lake, MN photo 65488 Fairlawn Shores Trail SE, Prior Lake, MN photo 75488 Fairlawn Shores Trail SE, Prior Lake, MN photo 85488 Fairlawn Shores Trail SE, Prior Lake, MN photo 95488 Fairlawn Shores Trail SE, Prior Lake, MN photo 105488 Fairlawn Shores Trail SE, Prior Lake, MN photo 115488 Fairlawn Shores Trail SE, Prior Lake, MN photo 12
Show all 82 photos ↓
5488 Fairlawn Shores Trail SE, Prior Lake, MN photo 135488 Fairlawn Shores Trail SE, Prior Lake, MN photo 145488 Fairlawn Shores Trail SE, Prior Lake, MN photo 155488 Fairlawn Shores Trail SE, Prior Lake, MN photo 165488 Fairlawn Shores Trail SE, Prior Lake, MN photo 175488 Fairlawn Shores Trail SE, Prior Lake, MN photo 185488 Fairlawn Shores Trail SE, Prior Lake, MN photo 195488 Fairlawn Shores Trail SE, Prior Lake, MN photo 205488 Fairlawn Shores Trail SE, Prior Lake, MN photo 215488 Fairlawn Shores Trail SE, Prior Lake, MN photo 225488 Fairlawn Shores Trail SE, Prior Lake, MN photo 235488 Fairlawn Shores Trail SE, Prior Lake, MN photo 245488 Fairlawn Shores Trail SE, Prior Lake, MN photo 255488 Fairlawn Shores Trail SE, Prior Lake, MN photo 265488 Fairlawn Shores Trail SE, Prior Lake, MN photo 275488 Fairlawn Shores Trail SE, Prior Lake, MN photo 285488 Fairlawn Shores Trail SE, Prior Lake, MN photo 295488 Fairlawn Shores Trail SE, Prior Lake, MN photo 305488 Fairlawn Shores Trail SE, Prior Lake, MN photo 315488 Fairlawn Shores Trail SE, Prior Lake, MN photo 325488 Fairlawn Shores Trail SE, Prior Lake, MN photo 335488 Fairlawn Shores Trail SE, Prior Lake, MN photo 345488 Fairlawn Shores Trail SE, Prior Lake, MN photo 355488 Fairlawn Shores Trail SE, Prior Lake, MN photo 365488 Fairlawn Shores Trail SE, Prior Lake, MN photo 375488 Fairlawn Shores Trail SE, Prior Lake, MN photo 385488 Fairlawn Shores Trail SE, Prior Lake, MN photo 395488 Fairlawn Shores Trail SE, Prior Lake, MN photo 405488 Fairlawn Shores Trail SE, Prior Lake, MN photo 415488 Fairlawn Shores Trail SE, Prior Lake, MN photo 425488 Fairlawn Shores Trail SE, Prior Lake, MN photo 435488 Fairlawn Shores Trail SE, Prior Lake, MN photo 445488 Fairlawn Shores Trail SE, Prior Lake, MN photo 455488 Fairlawn Shores Trail SE, Prior Lake, MN photo 465488 Fairlawn Shores Trail SE, Prior Lake, MN photo 475488 Fairlawn Shores Trail SE, Prior Lake, MN photo 485488 Fairlawn Shores Trail SE, Prior Lake, MN photo 495488 Fairlawn Shores Trail SE, Prior Lake, MN photo 505488 Fairlawn Shores Trail SE, Prior Lake, MN photo 515488 Fairlawn Shores Trail SE, Prior Lake, MN photo 525488 Fairlawn Shores Trail SE, Prior Lake, MN photo 535488 Fairlawn Shores Trail SE, Prior Lake, MN photo 545488 Fairlawn Shores Trail SE, Prior Lake, MN photo 555488 Fairlawn Shores Trail SE, Prior Lake, MN photo 565488 Fairlawn Shores Trail SE, Prior Lake, MN photo 575488 Fairlawn Shores Trail SE, Prior Lake, MN photo 585488 Fairlawn Shores Trail SE, Prior Lake, MN photo 595488 Fairlawn Shores Trail SE, Prior Lake, MN photo 605488 Fairlawn Shores Trail SE, Prior Lake, MN photo 615488 Fairlawn Shores Trail SE, Prior Lake, MN photo 625488 Fairlawn Shores Trail SE, Prior Lake, MN photo 635488 Fairlawn Shores Trail SE, Prior Lake, MN photo 645488 Fairlawn Shores Trail SE, Prior Lake, MN photo 655488 Fairlawn Shores Trail SE, Prior Lake, MN photo 665488 Fairlawn Shores Trail SE, Prior Lake, MN photo 675488 Fairlawn Shores Trail SE, Prior Lake, MN photo 685488 Fairlawn Shores Trail SE, Prior Lake, MN photo 695488 Fairlawn Shores Trail SE, Prior Lake, MN photo 705488 Fairlawn Shores Trail SE, Prior Lake, MN photo 715488 Fairlawn Shores Trail SE, Prior Lake, MN photo 725488 Fairlawn Shores Trail SE, Prior Lake, MN photo 735488 Fairlawn Shores Trail SE, Prior Lake, MN photo 745488 Fairlawn Shores Trail SE, Prior Lake, MN photo 755488 Fairlawn Shores Trail SE, Prior Lake, MN photo 765488 Fairlawn Shores Trail SE, Prior Lake, MN photo 775488 Fairlawn Shores Trail SE, Prior Lake, MN photo 785488 Fairlawn Shores Trail SE, Prior Lake, MN photo 795488 Fairlawn Shores Trail SE, Prior Lake, MN photo 805488 Fairlawn Shores Trail SE, Prior Lake, MN photo 815488 Fairlawn Shores Trail SE, Prior Lake, MN photo 82
Contact

Questions about this home?

Reach Mark Gores of RE/MAX Advantage Plus directly, or set up a time to see it.

Want to know what this one sells for?

The list price is what the seller hopes for. Leave your name and email, and Mark Gores of RE/MAX Advantage Plus will send you the sold price when this home closes, along with a few recent sales nearby.

One email when it closes. No drip campaign, no list.

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.

The facts

Property type
Single Family
Year built
2006
Finished sqft
4,496
2,835 above grade, 1,661 below
Lot size
0.56 acres
Garage
2 spaces
Levels
Two
Basement
Finished, In-Floor Heat, Walkout
Heating
Forced Air, Fireplace(s), In-Floor Heating
Cooling
Central Air
Fireplaces
1
School district
Prior Lake-Savage Area Schools

Bathrooms: 1 full, 2 three-quarter, 1 half.

Room by room

RoomLevelSize
FoyerMain12x6
OfficeMain10x8
Living RoomMain20x15
Sun RoomMain13x12
Dining RoomMain14x14
PorchMain14x13
Pantry (Walk-In)Main8x5
WorkshopMain17x14
BedroomUpper16x13
Bedroom 2Upper11x11
Bedroom 3Upper15x11
Primary BathroomUpper10x10
Walk-In ClosetUpper10x9
Amusement RoomLower35x17
Exercise RoomLower13x12
Bedroom 4Lower14x12
StorageLower26x10
DeckMain14x10
KitchenMain13x16

Room dimensions in feet, as submitted to the MLS.

On Lower Prior

Lakefront
Shoreline
117 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
492% above
The 6-month median sale price in Shangri-La is $448,000.
Price per square foot
$589/sqft
Shangri-La closed sales average $325/sqft.
Property taxes (2026)
$20,676/yr
That is 0.8% of the list price. Prior Lake homes sold since 2023 average 0.84%.
HOA
None on record
43.1% 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

Listings courtesy of NorthstarMLSBroker Reciprocity

Source. Listing courtesy of RE/MAX Preferred via NorthstarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 26, 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.

Consumer use. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID Data may be subject to an end user license agreement prescribed by the applicable MLS, as amended from time to time.

Broker Reciprocity. This site is operated by Mark Gores, a licensed real estate agent affiliated with RE/MAX Advantage Plus. This listing is displayed under Broker Reciprocity and is represented by the brokerage named above, which may not be RE/MAX Advantage Plus. If you believe any information on this page is inaccurate, please report it through the contact page and we will flag it for correction.

DMCA

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: [email protected].

“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.”