Prior Lake Real Estate
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ActiveWaterfront

8792 154th Street W

Prior Lake, MN 55372

$699,000
4 bd·2 ba·3,429 sqft·5 days active
Listed by Keller Williams Premier RealtyMLS #7145559Active

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Amazing one-story home on Cates Lake offering nearly an acre, over 100 feet of lake frontage, two incredible outdoor decks and more than 3,400 finished square feet! Enjoy a MASSIVE 24x20 composite deck overlooking the backyard and lake, plus a separate lakefront deck right at the water’s edge. This home has so much to offer with an open floor plan, expansive living spaces, sun-filled rooms and incredible lake views. The main level features gorgeous hardwood floors, a spacious family room with stone-surround fireplace, kitchen with granite countertops and stainless appliances, and an oversized primary suite with sitting area and beautiful backyard views. Outside, enjoy tiered landscaping, gardens and an incredible backyard with plenty of room for entertaining, recreation or quiet enjoyment. The lower level offers even more space with a large family room and brick-surround gas fireplace, laundry/craft room, workshop, spa/hot tub room and 3-season porch. Add in tons of storage, multiple storage sheds and a 2-car garage, and this is a property with space to spread out, inside and out. Your opportunity for lakefront living starts here!

The facts

Property type
Single Family
Year built
1970
Finished sqft
3,429
2,029 above grade, 1,400 below
Lot size
0.88 acres
Garage
2 spaces
Levels
One
Basement
Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Tile Shower, Walkout
Heating
Baseboard, Boiler, Forced Air, Hot Water
Cooling
Central Air
Fireplaces
2
School district
Prior Lake-Savage Area Schools

Bathrooms: 1 full, 1 three-quarter.

Room by room

RoomLevelSize
Living RoomMain22x20
Dining RoomMain12x10
KitchenMain18x12
Family RoomMain22x12
BedroomMain14x12
Bedroom 2Main23x13
DeckMain24x20
FoyerMain6x10
Bedroom 3Lower14x10
Bedroom 4Lower14x12
Family RoomLower22x13
SaunaLower22x12
WorkshopLower14x10
PorchLower22x18
LaundryLower15x12
DeckMain18x16

Room dimensions in feet, as submitted to the MLS.

On Cate's or Hidden

Lakefront
Shoreline
100 ft
Lake size
27 acres
DNR class
Natural Environment

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

How the numbers sit

List price vs Prior Lake median
33% above
The 6-month median sale price across Prior Lake is $525,000.
Price per square foot
$204/sqft
Property taxes (2026)
$7,178/yr
That is 1% 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.

Listings courtesy of NorthstarMLSBroker Reciprocity

Source. Listing courtesy of Keller Williams Premier Realty via NorthstarMLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of September 21, 2026 at 1:22 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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