Prior Lake Real EstateMark Gores · RE/MAX Advantage Plus
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15283 Edgewater Circle NE

Prior Lake, MN 55372

$2,300,000
4 bd·3 ba·3,354 sqft·1 day active
Listed by Coldwell Banker RealtyMLS #7153005Active
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Set on one of Lower Prior Lake’s most exceptional lakefront lots, this meticulously maintained walkout rambler presents a rare opportunity on highly sought-after Martinson Island. With 131 feet of pristine shoreline, a flat and expansive .57-acre lot, and breathtaking east-facing big-water views, the setting is truly the centerpiece of this remarkable property. Lovingly cared for by its original owners for more than 40 years, the home offers 4 bedrooms, 3 bathrooms, a 3-car garage, and desirable main-level living. Quality craftsmanship, generous living spaces, and timeless character provide the opportunity to enjoy the home as it is, thoughtfully remodel, or create an entirely new lakefront estate designed around this irreplaceable setting. From peaceful sunrises over the water to the expansive lakeside yard and panoramic views, this is the kind of property that rarely becomes available on Prior Lake. A true generational opportunity to secure an extraordinary piece of Lower Prior Lake lakeshore—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 →

The numbers

List price vs Prior Lake median
336% above
The 6-month median sale price across Prior Lake is $527,500.
Price per square foot
$686/sq ft
Property taxes (2025)
$17,692/yr
That’s 0.8% of the list price. Prior Lake homes sold since 2023 average 0.84%.
HOA
None on record
44.9% of Prior Lake homes sold since 2023 carry an HOA.

These comparisons come from closed sales on this site’s market pages. They aren’t an estimate of what this home is worth.

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 October 1, 2026 at 5:00 AM. 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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