Recently Listed Open House 10/18 11am - 12:30pm
16551 Franklin Trail SE
Prior Lake, MN, 55372 $ 330,000
Bedrooms3 Baths2.0 Sq 1,845 Monthly Estimate*
$ 2,279
for $330,000 with 3 bedrooms and 2 full baths. This 1,845 square foot home was built in 1976 on a lot size of 0.27.
Welcome to this 3-bedroom, 2-bath home in a convenient Prior Lake location, offering 1,845 finished square feet of comfortable living space. The main level features a bright living room, a kitchen with white cabinetry, a peninsula for extra counter space and a window over the sink, and an adjoining dining area with plenty of natural light. Two bedrooms and an updated full bath with a crisp tile surround and modern vanity complete this level. Downstairs, the spacious lower level is made for gathering, with a large family room anchored by a gas fireplace, a separate rec room or flex space with its own brick hearth, a third bedroom, and a 3/4 bath. A walkout from the lower level leads to a patio and a fully fenced, private backyard surrounded by beautiful mature trees, a great setting for fires, gardening, and outdoor entertaining. A 2-car attached garage with workshop space adds everyday convenience, and the unfinished laundry and mechanical room offers additional storage space. With room to spread out inside and out, this home is ready for its next owner to make it their own. Plus, enjoy an unbeatable location within walking distance of downtown Prior Lake, Lakefront Park, Charlie’s On Prior, and the lake itself, with great restaurants, shopping, parks, beaches, and all that Prior Lake has to offer.
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Open House
10/18/2026 11:00 AM - 12:30 PM
16551 Franklin Trail SE Prior Lake, MN
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralLiving Area 1845
Sewer City Sewer/Connected
Heating Forced Air Fireplace(s)
Cooling Central Air
Appliances Dishwasher Dryer Microwave Range Refrigerator Washer
HOA Fee 0
Garage Spaces 2
Year Built 1976
Levels Split Entry (Bi-Level)
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Scott
New Construction N
Property Type Residential
HOA N
Contingency None
Subdivision Name Prior South
Full Baths 1
Directions 169 South exit MN-13/Savage take MN-13 S ramp turn left onto Franklin Trail SE to property.
City Prior Lake
High School District Prior Lake-Savage Area Schools
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 4356
Additional Parcels Y/N N
Virtual Tour https://tours.spacecrafting.com/n-v7gqw4
Standard Status Active
Lender Owned No
Amenities Unit Deck Kitchen Window
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InteriorBasement Finished Full Walkout
Total Fireplaces 1
Fireplace Features Family Room Gas
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 1020
Half Baths 0
1/4 Baths 0
3/4 Baths 1
Total Bedrooms 3
Below Grade Finished Area 825
Total Baths 2
Bath Desc 3/4 Basement Main Floor Full Bath
Dining Room Description Eat In Kitchen Informal Dining Room
Fuel Natural Gas
Garage Dimensions 26x22
Garage Square Feet 596
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ExteriorFencing Chain Link Full
Parking Features Attached Garage Garage Door Opener
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.27
Building Area Total 2016
Lot Dimensions 84x159x73x149
Waterfront Y/N N
Foundation Area 996
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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* Excluded FeaturesList ByKeller Williams Preferred RltyBroker
sara@cedarhavenmn.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,279
- Monthly Property Taxes
- $363
- 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 Prior Lake, MN
Average List Price $1,013,344
Percent of Sale Price 207%
About Prior Lake, MN 26,307 Population
58% Since 2002
$ 99,811 Median Income
40.74 Median Age
38% Households with Children
Trends Information provided by ATTOM Data Solutions.
3065252 Elementary School
3065289 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/13/2026 | $330,000 | | Listed Price |