15255 Flag Avenue S, Prior Lake, MN 55372

New Listing
$875,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,161 Lot Size (sq. ft.): 418,612 Status: Active
Current Price: $875,000 List Date: 4/09/2026 Last Modified: 4/10/2026

Overview

Description

Rarely does a property like this come to market. Set on nearly two acres, this private peninsula on Cates Lake offers over 700 feet of shoreline and stunning 270-degree panoramic water views. Enjoy the ultimate Northwoods lifestyle with the convenience of in-town living just minutes from shops, dining, and schools. This thoughtfully designed 3-bedroom home with a dedicated office is ideal for year-round enjoyment. Summer days are spent swimming off the dock, paddleboarding across calm waters, or relaxing in the screened gazebo as the sun sets. Entertain with ease on the expansive deck, while fall brings vibrant color reflections across the lake. In winter, embrace broomball on the ice and direct access to snowmobiling right from your property. Inside, a fully remodeled gourmet kitchen anchors the home—featuring striking Calacatta quartz countertops and backsplash, under-cabinet lighting, a 6-burner gas range with vent hood, and an impressive eight-foot island designed for gathering. The sunroom with gas fireplace provides a warm, inviting space to take in peaceful sunrise views year-round. A rare opportunity to own a legacy property offering privacy, panoramic views, and an unmatched lake lifestyle—all in a convenient location.

Open Houses

Listing Details MLS# 7032427

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
2
Road Btwn WF & Home?
No
Waterfront Frontage
700
Waterfront Present
Yes
Year Built
1986
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Bath Half
Yes
Main Floor Total SqFt
1919
Above Grd Total SqFt
1919
Below Grd Total SqFt
1242
Total SqFt
3161
Total Finished Sqft
3041.00
FireplaceYN
Yes
Lake/Waterfront Name
Cate's or Hidden
Style
(SF) Single Family
Foundation Size
1919
Garage Stalls
3
Lot Dimensions
334x959x1214x336
Acres
9.61
Assessment Pending
No
Bath Three Quarters
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Appliances: Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Basement: Concrete Block Bath Description: Full Jack & Jill; Main Floor 1/2 Bath; Full Primary; Private Primary; Bathroom Ensuite Construction Materials: Block Construction Status: Previously Owned Dining Room Description: Kitchen/Dining Room Electric: Circuit Breakers Elevation Highpoint to Waterfront Slope: Level Existing Financing: Conventional Exterior: Brick/Stone; Stucco Family Room Characteristics: Family Room Fireplace Characteristics: Gas Burning; Wood Burning Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Laundry: Main Level Lock Box Type: Supra Lot Description: Accessible Shoreline; Tree Coverage - Heavy Outbuildings: Gazebo Road Frontage: City Street; Curbs; Paved Streets Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: Main Floor Laundry Stories: Four or More Level Split Water: City Water/Connected Waterfront View: East

Contract Information

Contingency
None
Original List Price
875000
ListPrice
875000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
15255
Street Name
Flag
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Prior Lake
County
Scott
State
MN
Zip Code
55372
Complex/Dev/Subdivision
Cates Country Estates

Assessments

Tax With Assessments
7688
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1919
Finished SqFt Below Ground
1122

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
4-10

Lake Details

Lake Acres
27
Lake Depth
No

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
SPAAR
Supra
Yes

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
22x31
Garage Square Feet
655

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
SUBDIVISIONNAME CATES COUNTRY ESTATES LOT 011 SUBDIVISIONCD 26029
Listing City
Prior Lake
Map Page
161
Municipality
Savage
School District
Prior Lake-Savage Area Schools
School District Phone
952-226-0000
DNR Lake ID#
70001800
DNR Lake Classification
Natural Environment
Zip Plus 4
2121
Property ID Number
260290140
Tax Year
2025
Tax Amount
7688
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Rarely does a property like this come to market. Set on nearly two acres, this private peninsula on Cates Lake offers over 700 feet of shoreline and stunning 270-degree panoramic water views. Enjoy the ultimate Northwoods lifestyle with the convenience of in-town living just minutes from shops, dining, and schools. This thoughtfully designed 3-bedroom home with a dedicated office is ideal for year-round enjoyment. Summer days are spent swimming off the dock, paddleboarding across calm waters, or relaxing in the screened gazebo as the sun sets. Entertain with ease on the expansive deck, while fall brings vibrant color reflections across the lake. In winter, embrace broomball on the ice and direct access to snowmobiling right from your property. Inside, a fully remodeled gourmet kitchen anchors the home—featuring striking Calacatta quartz countertops and backsplash, under-cabinet lighting, a 6-burner gas range with vent hood, and an impressive eight-foot island designed for gathering. The sunroom with gas fireplace provides a warm, inviting space to take in peaceful sunrise views year-round. A rare opportunity to own a legacy property offering privacy, panoramic views, and an unmatched lake lifestyle—all in a convenient location.
Directions
Hwy 13 to 152nd St W, left to Flag Ave S, right to home.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Refrigerator
Yes
Washer
Yes

Basement

Concrete Block
Yes

Bath Description

Full Jack & Jill
Yes
Main Floor 1/2 Bath
Yes
Full Primary
Yes
Private Primary
Yes
Bathroom Ensuite
Yes

Construction Materials

Block
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Kitchen/Dining Room
Yes

Electric

Circuit Breakers
Yes

Elevation Highpoint to Waterfront Slope

Level
Yes

Existing Financing

Conventional
Yes

Exterior

Brick/Stone
Yes
Stucco
Yes

Family Room Characteristics

Family Room
Yes

Fireplace Characteristics

Gas Burning
Yes
Wood Burning
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Lake Front
Yes

Laundry

Main Level
Yes

Lot Description

Accessible Shoreline
Yes
Tree Coverage - Heavy
Yes

Outbuildings

Gazebo
Yes

Patio, Porch and Deck Features

Deck
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes
Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Special Search

Main Floor Laundry
Yes

Stories

Four or More Level Split
Yes

Water

City Water/Connected
Yes

Waterfront View

East
Yes

Room Information

Deck Dimensions: 18x14 Level: Main Dining Room Dimensions: 11x8 Level: Main Family Room Dimensions: 17x15 Level: Basement First (1st) Bedroom Dimensions: 20x15 Level: Upper Four Season Porch Dimensions: 13x10 Level: Main Gazebo Dimensions: 12x12 Level: Main Kitchen Dimensions: 15x19 Level: Main Laundry Dimensions: 9x7 Level: Main Living Room Dimensions: 11x22 Level: Main Office Dimensions: 11x11 Level: Main Second (2nd) Bedroom Dimensions: 15x14 Level: Lower Third (3rd) Bedroom Dimensions: 18x13 Level: Lower

Documents

Listing Office: Edina Realty, Inc.
IDX
Last Updated: April - 10 - 2026
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