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402 N Franklin Street

Lake City, MN 55041

3 beds
4 baths
3,295 sqft
5,793 sqft lot
$303 per sqft
2007 build
– on site

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Discover the perfect blend of contemporary design and lakeside tranquility in this exceptional 3-bedroom 4-bath home just steps from the beach and marina. With breathtaking views, thoughtfully designed spaces, and luxurious finishes throughout, this property is a true standout.The expansive main level features soaring 10-foot ceilings and 8-foot custom doors, creating a bright and airy atmosphere. The chef’s kitchen is beautifully appointed with granite countertops, new stainless steel appliances (2023), a spacious island, and a wet bar complete with a built-in ice maker and beverage refrigerator. Perfect for entertaining, the lower level features a full bar with double ovens, a dishwasher, a refrigerator, and a custom built-in water feature that adds a sophisticated touch.The primary suite is a private retreat, offering a generous living area and serene lake views. Outdoor living is unparalleled with a two-tiered patio designed to showcase stunning sunrises and sunsets, complemented by a custom gas fireplace and torch lighting for a warm and inviting ambiance. A heated tandem garage adds convenience, while recent updates, including a new roof, furnace, water heater, and appliances (2023), ensure modern efficiency and peace of mind.Located in one of the best spots in town and not in a flood zone, this remarkable home offers a rare opportunity for luxury lakefront living. Schedule your private tour today.

Listing courtesy of NORTHSTAR / Nancy Denzer / Lakeshore Real Estate Krage & Associates, LLC.

Last checked: Checking… • Last updated Apr 4, 2025 •

MLS# 6657229 —

The Building

Year Built:

2007
New Construction:

false
Age Of Property:

18
Construction Materials:

Brick/Stone, Fiber Cement
Construction Materials Desc:

Concrete,Frame,Stone
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1165.0000
Basement:

Daylight/Lookout Windows, Egress Window(s), Finished, Full
Basement:

true
Foundation Area:

1165
Manufactured Home:

No
Building Area Total:

3495
Above Grade Finished Area:

2330
Below Grade Finished Area:

965

Interior

Dining Room Description:

Breakfast Bar,Informal Dining Room
Fireplace:

true
Fireplaces Total:

2
Fireplace Features:

Gas, Primary Bedroom
Amenities:

Ceiling Fan(s),Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Panoramic View,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup

Room Dimensions

Living Area:

3295

Location

Directions:

From HWY 61 heading South, take left on Park Street, Right on Franklin. Home is on the left.
Latitude:

44.45262
Longitude:

-92.268614

The Property

Parcel Number:

R220017703
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Irregular Lot
Lot Size Area:

0.13
Lot Size Dimensions:

irregular
Lot Size SqFt:

5793.48
Lot Size Units:

Acres
View:

Panoramic
Lake Chain:

N
Lake Acres:

25215
Lake Depth:

60
Water Body Name:

Pepin
Road Between Waterfront and Home:

Yes
Road Frontage Type:

City Street, Curbs, Paved Streets
Road Responsibility:

Public Maintained Road
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

8168
Tax With Assessments:

8168.0000

Beds

Bedrooms Total:

3

Baths

Total Baths:

4
Bath Description:

Private Primary
Full Baths:

2
Three Quarter Baths:

2

The Listing

Heating & Cooling

Heating:

Forced Air
Cooling:

Central Air

Utilities

Electric:

Circuit Breakers, 150 Amp Service
Sewer:

City Sewer/Connected

Appliances

Appliances:

Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Rented, Wine Cooler

Schools

High School District:

Lake City

The Community

Subdivision Name:

Lake City
Waterfront:

true
Waterfront Features:

Lake Front, Lake View, River Front, River View
Association:

false
Association Amenities:

In-Ground Sprinkler System
Assessment Pending:

No

Parking

Parking Features:

Attached Garage, Concrete, Heated Garage, Insulated Garage, Tandem
Garage Spaces:

1
Garage SqFt:

525

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Utility Costs

$146/mo.

Estimate provided by ClearlyEnergy

View a full report

Sale history

Date	Event	Source	Price	% Change
4/4/25 Apr 4, 2025	Sold	NORTHSTAR	$1,000,000	-9.1%
3/20/25 Mar 20, 2025	Pending	NORTHSTAR	$1,100,000
2/5/25 Feb 5, 2025	Listed / Active	NORTHSTAR	$1,100,000

House Sold on 4/4/2025

$1,000,000

Listing provided by broker:

Nancy Denzer

Lakeshore Real Estate Krage & Associates, LLC.

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Listing Courtesy of: NORTHSTAR and Lakeshore Real Estate Krage & Associates, LLC..

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. 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.

402 N Franklin Street

Lake City, MN 55041