Prior Lake Real Estate
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4060 Grainwood Trail NE

Prior Lake, MN 55372

$995,000
4 bd·4 ba·2,530 sqft·4 days active
Listed by RE/MAX Advantage PlusMLS #7101231ActiveFull MLS record →
4060 Grainwood Trail NE, Prior Lake, MN photo 14060 Grainwood Trail NE, Prior Lake, MN photo 24060 Grainwood Trail NE, Prior Lake, MN photo 34060 Grainwood Trail NE, Prior Lake, MN photo 44060 Grainwood Trail NE, Prior Lake, MN photo 54060 Grainwood Trail NE, Prior Lake, MN photo 64060 Grainwood Trail NE, Prior Lake, MN photo 74060 Grainwood Trail NE, Prior Lake, MN photo 84060 Grainwood Trail NE, Prior Lake, MN photo 94060 Grainwood Trail NE, Prior Lake, MN photo 104060 Grainwood Trail NE, Prior Lake, MN photo 114060 Grainwood Trail NE, Prior Lake, MN photo 12
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There's something special about spending the day on Prior Lake, pulling your boat into your own dock, and ending the evening on the patio as the sun sets over the water. This beautifully updated twin home makes that lifestyle surprisingly attainable. Set on a protected bay with calm water and a sandy beach, it's the perfect place to swim from shore, launch the paddleboard, or simply relax by the lake. With affordable association dues covering lawn care and snow removal, you can spend more time enjoying the lake and less time maintaining the property. Inside, the home has been extensively refreshed with a complete remodel of the upper level, including three beautifully renovated bathrooms, stylish finishes, and new flooring throughout. Four spacious bedrooms, including an oversized guest room and a generous primary suite with a flexible sitting area or office, provide plenty of space for family and friends. Whether you're looking for a full-time home, a weekend escape, or a place to lock up and head south for the winter, this is one of the best opportunities to own lakefront on Prior Lake.

The facts

Property type
Twin Home
Year built
1985
Finished sqft
2,530
Lot size
0.07 acres
Garage
2 spaces
Levels
Two
Basement
None
Heating
Forced Air
Cooling
Central Air
Fireplaces
1
School district
Prior Lake-Savage Area Schools

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

Room by room

RoomLevelSize
Living RoomMain23x12
Dining RoomMain17x13
KitchenMain12x12
FoyerMain12x12
Sun RoomMain9x13
BedroomUpper21x13
Bedroom 2Upper13x12
Bedroom 3Upper16x9
Bedroom 4Upper24x20

Room dimensions in feet, as submitted to the MLS.

On Upper Prior

LakefrontAssociation Access, Deeded Access, Lake View
Lake size
386 acres
Max depth
50 ft
DNR class
General Development

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

How the numbers sit

List price vs Prior Lake median
93% above
The 6-month median sale price across Prior Lake is $515,000.
Price per square foot
$393/sqft
Grainwood closed sales average $399/sqft.
Property taxes (2026)
$6,718/yr
That is 0.7% of the list price. Prior Lake homes sold since 2023 average 0.83%.
HOA
$250/mo
Includes beach access, lawn care, maintenance grounds, snow removal. 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 4060 Grainwood Trail NE
Every photo, complete listing details, showing requests, and saved searches.
Listings courtesy of NorthstarMLSBroker Reciprocity

Source. Listing courtesy of RE/MAX Advantage Plus 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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