1702 N Lakeshore Drive # 3
Lake City, MN, 55041 $ 404,900
Bedrooms2 Baths2.0 Sq 1,224 Monthly Estimate*
$ 2,797
for $404,900 with 2 bedrooms and 2 full baths. This 1,224 square foot home was built in 2002 on a lot size of 0.024.
Enjoy low maintenance living in this beautifully updated 2 bedroom, 2 bathroom condo located in the heart of Lake City, positioned above Kelly’s Lake House Bar and Grill along the Mississippi River and Lake Pepin. Easy parking adds to the convenience of enjoying everything this river town has to offer. The main level features an open living space filled with natural light with large windows and sliding doors leading to a private balcony with unmatched views overlooking the water. A beautiful corner gas fireplace anchors the living room, while the updated kitchen includes new lighting and newer appliances, including an induction range, microwave, dishwasher, and refrigerator. The adjacent dining area is well suited for everyday living or entertaining. A main level bedroom and full bathroom, along with in unit laundry, add flexibility and convenience. The upper level is dedicated to a spacious primary bedroom retreat with vaulted ceilings and a private ensuite bathroom, offering a comfortable and private space to unwind. Recent updates include a new furnace, new air conditioning, and two smart TVs. Boat dock access provides the opportunity to keep your boat nearby during the season, with dining, shopping, and entertainment just steps away. Year round recreation is easily accessible, from summer boating to hiking, snowmobiling, cross country skiing, and downhill skiing. Located within a short drive of popular restaurants and day trip destinations throughout the Lake Pepin and Wabasha areas, this unique property provides flexibility for personal use or potential rental opportunities. Dock access is available for temporary tie up while spending time at the condo, with nearby marina options for longer term boat storage.
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Single Family Pending(CC) Low Rise (3- Levels)
FeaturesGeneralLiving Area 1224
Sewer City Sewer/Connected
Heating Forced Air Fireplace(s)
Cooling Central Air
Roof Age Over 8 Years
Appliances Dishwasher Disposal Electric Water Heater Range Refrigerator Stainless Steel Appliances Water Softener Owned
HOA Fee 480
Garage Spaces 0
Association Fee Includes Beach Access Building Exterior Cable TV Dock Lawn Care Maintenance Grounds Parking Snow Removal
Year Built 2002
View Lake River
Levels More Than 2 Stories
Unit Number 3
Property Subtype (CC) Low Rise (3- Levels)
Tax Year 2025
Waterfront Features Lake Front Lake View
Accessibility None
Assoc Fee Paid Per Monthly
County Goodhue
New Construction N
Property Type Residential
Association Amenities Beach Dock
HOA Y
Contingency None
Subdivision Name Watermans Town Homes
Full Baths 0
Directions Hwy 61 to Lake City turn left on Central Point Rd.
City Lake City
Association Name SELF MANAGED
High School District Lake City
Zoning Description Residential-Single Family
Lot Size Units Acres
Carport Spaces 0
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 5420
Additional Parcels Y/N N
Standard Status Pending
Lender Owned No
Amenities Unit City View Primary Bedroom Walk-In Closet Main Floor Primary Bedroom Paneled Doors Panoramic View Tile Floors Washer/Dryer Hookup Walk-In Closet
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InteriorBasement Other
Total Fireplaces 1
Fireplace Features Gas Living Room
Basement (Y/N) N
Fireplace Y/N Y
Above Grade Finished Area 1224
Half Baths 0
1/4 Baths 0
3/4 Baths 2
Laundry Features Laundry Closet In Unit
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 2
Bath Desc Private Primary Main Floor 3/4 Bath Upper Level 3/4 Bath
Dining Room Description Informal Dining Room Kitchen/Dining Room Living/Dining Room
Fuel Natural Gas
Garage Dimensions 0
Garage Square Feet 0
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ExteriorParking Features Parking Lot
Water Source City Water/Connected
Lot Size Area 0.024
Building Area Total 1224
Lot Dimensions 1x1x1
Waterfront Y/N Y
Foundation Area 840
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* Excluded FeaturesList Byrobin@gwaltneygroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,797
- Monthly Property Taxes
- $452
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Lake City, MN
Average List Price $467,611
Percent of Sale Price 15%
About Lake City, MN 7,928 Population
6% Since 2002
$ 58,565 Median Income
46.45 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
709452 Elementary School
709308 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/29/2026 | $404,900 | -2.41% | Price Down |
| 4/11/2026 | $414,900 | -5.06% | Price Down |
| 1/31/2026 | $437,000 | | Listed Price |