A Rare Investment and Flexible Living Opportunity! This is more than a home?it's a property that adapts to changing lifestyles. Whether your buyers are searching for an investment property, vacation rental, or flexible residence with future income potential, this exceptional property deserves a closer look.Less than ten years old, and just 35 miles from Rochester and 45 minutes to South Saint Paul, this exceptional home is the only newer property located just a few blocks from downtown Lake City, offering the convenience of walking to local restaurants, parks, the marina, scenic trails, waterfront attractions, and charming shops?a lifestyle that is truly unmatched.519 N. Lakeshore Drive was intentionally created with adaptable living in mind. The home's unique layout allows owners to enjoy shared spaces while maintaining independence. With a private lower-level entrance, two rear exterior doors, and an interior staircase that locks from both levels, the home can function as one spacious residence or provide two distinct living areas whenever life calls for a little extra separation.Inside, expansive windows frame breathtaking views of Lake Pepin and Maiden Rock Bluff, filling the home with natural light and offering front-row seats to soaring bald eagles, passing sailboats, cruise ships, barges, and the changing beauty of every season. Three of the home's five generously sized bedrooms enjoy spectacular lake views, creating peaceful retreats.The open-concept main level was designed for gathering. The spacious kitchen features a large center island, custom backsplash, espresso soft-close Thomasville cabinetry, and beautiful Austin Antico Silver granite countertops throughout with warm white, silver, black, and copper tones. Whether hosting dinners, celebrating life's milestones, or enjoying everyday life, this space naturally becomes the heart of the home.Additional flexibility includes a generous mudroom and laundry area, plus a main-floor 'flex' room that can easily serve as a fifth bedroom, nursery, or private space for those who prefer main-level living.Outdoor living is just as inviting, with two spacious decks, a screened front porch, a private lower-level patio, mature perennial and pollinator gardens, and multiple places to relax while taking in panoramic lake views. The oversized 3½-car garage and expansive off-street parking provide room for multiple vehicles, recreational equipment, an RV, or a fishing boat?another uncommon feature in this highly desirable neighborhood.Beyond its beauty, this home was custom built with long-term comfort and efficiency in mind. Modern construction, with a poured concrete foundation and James Hardie siding, a $26,000 solar energy system, and numerous recent updates help keep maintenance low and utility costs remarkably affordable while providing peace of mind for years to come.For those who want to live close without sacrificing personal space, few homes offer this level of flexibility. 519 N. Lake
519 N Lakeshore Drive | MLS# 7098642
This single family home located at 519 N Lakeshore Drive, Lake City, MN 55041 is currently listed for sale with an asking price of $729,000. This property was built in 2017 and has 5 bedrooms and 3 full baths with 3112 sq. ft. N Lakeshore Drive is located in the Lake City subdivision within the Lake City school district. Search Lake City real estate on apeters.counselorrealty.com today.
Roof Type: Age Over 8 Years, Architectural Shingle, Metal
Stories: 2.0
Taxes: $5,892
Year Built: 2017
Feature Descriptions
Additional Living Info.: 3 BR on One Level, All Living Facilities on One Level, Main Floor Primary, Main Floor Bedroom, Main Floor Laundry
Additional Structures: Garage(s)
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Electronic Air Filter, ENERGY STAR Qualified Appliances, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Bath: Full Basement, Main Floor 3/4 Bath, Upper Level 3/4 Bath
Bathrooms 3/4: 2
Bathrooms Full: 1
Days on Site: 13
Dining: Eat In Kitchen, Informal Dining Room
Down Payment Resource: Yes
Exterior: Frame
Fencing: Partial, Wood
Fireplace: Gas
Foundation Size: 1144
Lot: Public Transit (w/in 6 blks), Underground Utilities
Lot Dimensions: 75x117
Parcel#: R220112600
Parking: Detached Garage, Concrete, Electric, Garage Door Opener, Gravel, Other
Sewer: City Sewer - In Street
Special View Info: Lake View
Topography: Solar Oriented
Water: City Water - In Street
Water Features: Lake View
Room Sizes
Bar/Wet Bar Room: 10x07
Bathroom: 10x08
Bathroom: 09x09
Family Room: 20x08
Bedroom 5: 15x12
Bedroom: 13x11
Bedroom 4: 15x12
Great Room: 16x10
Kitchen: 16x11
Mud Room: 06x06
Bedroom 2: 13x12
Bedroom 3: 13x10
Utility Room: 18x09
Walk-In Closet: 13x05
Local Schools
School District: Lake City
Listed By / Shown By
Listed By
Agency Name: Lakes Sotheby's International Realty Agency Phone: 952-230-3101
Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 07/10/2026. The listing information on this page last changed on 07/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/10/2026 12:48:51 AM EST) or RMLS-MN MLS (last updated Fri 07/10/2026 12:02:28 AM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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519 N Lakeshore Drive | MLS# 7098642
This single family home located at 519 N Lakeshore Drive, Lake City, MN 55041 is currently listed for sale with an asking price of $729,000. This property was built in 2017 and has 5 bedrooms and 3 full baths with 3112 sq. ft. N Lakeshore Drive is located in the Lake City subdivision within the Lake City school district. Search Lake City real estate on apeters.counselorrealty.com today.