537 Markgrafs Lake Alcove, Woodbury, MN 55129

$339,900
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,474 Lot Size (sq. ft.): 2,614 Status: Active
Current Price: $339,900 List Date: 3/03/2026 Last Modified: 4/11/2026

Overview

Description

This move-in ready 2BR/2BA home offers the ease of one-level living in the highly desirable Spinnaker Cove neighborhood, just steps from Markgrafs Lake and miles of scenic private walking trails. The completely updated kitchen shines with granite countertops, a stylish backsplash, stainless steel appliances, updated lighting, and fresh paint. Major updates include a new roof (2025), washer and dryer (2024), and water softener (2024), offering peace of mind for years to come. The spacious main living area features vaulted ceilings and an open, airy feel that flows seamlessly into a sun-filled sunroom with expansive windows providing incredible natural light. From there, step out to the patio-a perfect outdoor retreat. The private primary suite offers a generous bedroom and a beautifully renovated ensuite bath with a tiled walk-in shower. The second bedroom is ideal for guests or a home office and is conveniently located adjacent to a full-tiled bathroom. An oversized two-car garage provides excellent storage and convenience. Enjoy maintenance-free living within walking distance to shopping, dining, parks, trails, and all the amenities Woodbury has to offer. This is the one you’ve been waiting for—don’t miss out!

Listing Details MLS# 7029886

General Property Information

Assoc Mgmt Co. Phone #
952-922-5575
Association Fee Frequency
Monthly
Association Mgmt Co. Name
Gassen Management
Common Wall
Yes
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Waterfront Present
No
Year Built
1997
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Main Floor Total SqFt
1474
Above Grd Total SqFt
1474
Total SqFt
1474
Total Finished Sqft
1474.00
FireplaceYN
No
Style
(TH) Side x Side
Foundation Size
1474
Power Company
Xcel Energy
Association Fee
360
Garage Stalls
2
Acres
0.06
Assessment Pending
No
Number of Fireplaces
0
Lot Dimensions
No
Bath Half
0
Bath Quarter
0
Below Grd Total SqFt
0

Property Features

Accessible: No Stairs External; No Stairs Internal Air Conditioning: Central Air Amenities Unit: Cable; In-Ground Sprinkler; Main Floor Primary Bedroom; Natural Woodwork; Patio; Primary Bedroom Walk-In Closet; Sun Room; Vaulted Ceiling(s); Walk-In Closet Approved Financing: FHA Association Fee Includes: Building Exterior; Hazard Insurance; Lawn Care; Outside Maintenance; Professional Mgmt; Sanitation; Snow Removal Basement: None Bath Description: Main Floor 3/4 Bath; Main Floor Full Bath; 3/4 Primary; Private Primary Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Informal Dining Room; Living/Dining Room Electric: Circuit Breakers Exterior: Brick/Stone; Vinyl Fencing: None Foundation: Slab Fuel: Natural Gas Heating: Forced Air Laundry: Main Level Lock Box Type: Supra Lot Description: Tree Coverage - Light Pool Description: None Road Frontage: Curbs; Paved Streets Roof: Age 8 Years or Less Sellers Terms: Cash; Conventional Sewer: City Sewer/Connected Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite Stories: One Townhouse Characteristics: End Unit; No Interior Stairs; Single-Level; Street-Level Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
355000
ListPrice
339900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
537
Street Name
Markgrafs Lake Alcove
Postal City
Woodbury
County
Washington
State
MN
Zip Code
55129

Assessments

Tax With Assessments
3002
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1474

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
418
Garage Square Feet
415

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
Yes
Legal Description
SUBDIVISIONNAME MARKGRAFS LK CRTS AND CLBS 2ND LOT 4 BLOCK 10 SUBDIVISIONCD 72993 (CIC#89-TENTH SUPP-CREATED 4-11-97 REC'D PLAT 72407)
Listing City
Woodbury
Map Page
124
Municipality
Woodbury
School District
Stillwater
School District Phone
651-351-8301
Property ID Number
0202821320129
Tax Year
2026
Tax Amount
2954
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
This move-in ready 2BR/2BA home offers the ease of one-level living in the highly desirable Spinnaker Cove neighborhood, just steps from Markgrafs Lake and miles of scenic private walking trails. The completely updated kitchen shines with granite countertops, a stylish backsplash, stainless steel appliances, updated lighting, and fresh paint. Major updates include a new roof (2025), washer and dryer (2024), and water softener (2024), offering peace of mind for years to come. The spacious main living area features vaulted ceilings and an open, airy feel that flows seamlessly into a sun-filled sunroom with expansive windows providing incredible natural light. From there, step out to the patio-a perfect outdoor retreat. The private primary suite offers a generous bedroom and a beautifully renovated ensuite bath with a tiled walk-in shower. The second bedroom is ideal for guests or a home office and is conveniently located adjacent to a full-tiled bathroom. An oversized two-car garage provides excellent storage and convenience. Enjoy maintenance-free living within walking distance to shopping, dining, parks, trails, and all the amenities Woodbury has to offer. This is the one you’ve been waiting for—don’t miss out!
Directions
From I94, S on Woodbury Dr, E on Markgrafs Lake Dr, Left on Markgrafs Lake Alcove to home

Accessible

No Stairs External
Yes
No Stairs Internal
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Cable
Yes
In-Ground Sprinkler
Yes
Main Floor Primary Bedroom
Yes
Natural Woodwork
Yes
Patio
Yes
Primary Bedroom Walk-In Closet
Yes
Sun Room
Yes
Vaulted Ceiling(s)
Yes
Walk-In Closet
Yes

Approved Financing

FHA
Yes

Association Fee Includes

Building Exterior
Yes
Hazard Insurance
Yes
Lawn Care
Yes
Outside Maintenance
Yes
Professional Mgmt
Yes
Sanitation
Yes
Snow Removal
Yes

Basement

None
Yes

Bath Description

Main Floor 3/4 Bath
Yes
Main Floor Full Bath
Yes
3/4 Primary
Yes
Private Primary
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes
Informal Dining Room
Yes
Living/Dining Room
Yes

Electric

Circuit Breakers
Yes

Exterior

Brick/Stone
Yes
Vinyl
Yes

Fencing

None
Yes

Foundation

Slab
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

Main Level
Yes

Lock Box Type

Supra
Yes

Lot Description

Tree Coverage - Light
Yes

Patio, Porch and Deck Features

Patio
Yes

Pool Description

None
Yes

Restriction/Covenants

Mandatory Owners Assoc
Yes
Pets - Cats Allowed
Yes
Pets - Dogs Allowed
Yes

Road Frontage

Curbs
Yes
Paved Streets
Yes

Roof

Age 8 Years or Less
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer/Connected
Yes

Special Search

All Living Facilities on One Level
Yes
Main Floor Bedroom
Yes
Main Floor Laundry
Yes
Main Floor Primary
Yes
Primary Bdr Suite
Yes

Stories

One
Yes

Townhouse Characteristics

End Unit
Yes
No Interior Stairs
Yes
Single-Level
Yes
Street-Level
Yes

Water

City Water/Connected
Yes

Room Information

Dining Room Dimensions: 12 x 12 Level: Main First (1st) Bedroom Dimensions: 15 x 14 Level: Main Kitchen Dimensions: 16 x 14 Level: Main Laundry Dimensions: 9 x 8 Level: Main Living Room Dimensions: 15 x 15 Level: Main Second (2nd) Bedroom Dimensions: 12 x 12 Level: Main
Listing Office: Edina Realty, Inc.
IDX
Last Updated: April - 11 - 2026
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