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Lakefront Plaza

Lakefront Plaza

Lakefront Plaza
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

16154 Main Ave SE
Prior Lake, MN 55372
91 Units
3 Stories
2003 Year Built
$217K - $348K Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • Fitness Center
  • Hidden Oaks Middle School Rated A-
  • On-Site Retail
  • Planned Social Activities
  • Elevator
  • 4 min walk to Lakefront Park

Convenient Living in Downtown Prior Lake

Lakefront Plaza is a three-story condominium building located in the heart of downtown Prior Lake. Completed in 2003, this mixed-use structure features commercial spaces on the ground floor and 91 residential units on the upper floors. Each unit comes with a small balcony, offering residents a cozy outdoor space to enjoy the urban views. The building's straightforward design focuses on functionality and convenience, making it a practical choice for those seeking a comfortable living environment in a vibrant community.

Diverse Layouts with Modern Features

Lakefront Plaza offers a range of floor plans to suit different needs, from one-bedroom units starting at 671 square feet to spacious two-bedroom units up to 1,700 square feet. One-bedroom units typically feature one to one and a half bathrooms and range in price from $222,500 to $340,311.25. These units are designed with modern living in mind, boasting luxury vinyl plank flooring, updated kitchens with granite countertops, stylish tile backsplashes, and newer stainless steel appliances. Many one-bedroom units also include a private porch, perfect for enjoying the urban scenery. The two-bedroom units, ranging from 887 to 1,525 square feet, offer one to two bathrooms and are priced between $312,500 and $350,000. These units often feature expansive owner’s suites with walk-in closets and private bathrooms, some with double vanities. The second bedrooms are versatile, ideal for guests or as a home office. In-unit laundry and ample storage space add to the convenience. Many units provide beautiful views of Lakefront Park, enhancing the living experience with a touch of nature.

Comprehensive Amenities for Comfortable Living

Lakefront Plaza is equipped with a variety of amenities designed to enhance residents' quality of life. The building features a well-equipped exercise room, a media room, and a car wash bay for added convenience. For those who enjoy hands-on activities, there is a wood shop available. The community room with a full kitchen is perfect for hosting gatherings, while the guest suites provide comfortable accommodations for visitors. Residents can also take advantage of the common deck with BBQs, ideal for socializing and enjoying the outdoors. The building includes a library and a game room, offering spaces for relaxation and entertainment. Heated underground parking and storage lockers ensure that residents' vehicles and belongings are secure and easily accessible. On-site retail spaces add to the convenience, with various businesses providing essential services right within the building.

Vibrant Community with Abundant Amenities

Located in the lively community of Prior Lake, Lakefront Plaza offers residents easy access to a variety of local attractions and amenities. The neighborhood is known for its small-town atmosphere and is anchored by two recreational lakes, making it a popular destination for boating, jet skiing, and enjoying public beaches. Lakefront Park, just a short walk away, is a hub of activity with trails, tennis and Pickleball courts, ice rinks, a sledding hill, playgrounds, fishing docks, and kayak rentals. The park also hosts events like the Lakefront Music Fest and DecemBRRR Dazzle, bringing the community together throughout the year. Downtown Prior Lake is home to a range of dining and shopping options. Perron's Sul Lago offers an elegant dining experience with steak, pasta, and seafood, while Charlie's on Prior provides a casual setting with tacos and lake views. The Prior Lake Farmers Market operates year-round, offering fresh produce and local goods. Essentials like Target and Hy-Vee are conveniently located nearby, ensuring that residents have everything they need within easy reach. The area is also served by the top-ranked Prior Lake-Savage Area Schools, making it an attractive location for families.

Accessible Transportation Options

Lakefront Plaza is well-connected to various transportation options, making it easy for residents to navigate the area. The building is somewhat walkable, with several amenities and services within a short distance. For those who rely on public transportation, the Co Rd 21 (Eagle Creek) & Main Ave NW bus stop is just a five-minute walk away, offering routes like the Apple Valley-Burnsville-Prior Lake/Mystic and Prior Lake-Shakopee-Minneapolis lines. Additional bus stops, such as S Park Dr & HWY 13 Frontage Rd SE and Mystic Lake Bus Entrance, are a short drive away, providing further connectivity. For air travel, Minneapolis-St Paul International Airport is approximately 21 miles away, a convenient 30-minute drive. The area is also very bikeable, with well-maintained paths and trails that make cycling a viable option for getting around. Heated underground parking at Lakefront Plaza ensures that residents' vehicles are protected from the elements, adding to the overall convenience of living in this well-situated community.

Building Details

Recreation

  • Fitness Center
  • Trails

Amenities

  • On-Site Retail
  • Planned Social Activities
  • 24 Hour Access

Parking

  • 1 Garage Space Per Unit
  • 1 Car Garage
  • Guest Parking

Condo Association

  • $415 Monthly HOA Fees
  • Monthly HOA Fees Range from $352 - $466
  • Association fees include maintenance structure, cable TV, controlled access, hazard insurance, lawn care, ground maintenance, professional mgmt, trash, sewer, snow removal
  • Association One Association, Phone Number (833) 737-8663
  • Cic 1121 Lakefront Plaza Condo Subdivision
  • Smoking Allowed in Building

Building Design

  • Fire Sprinkler System
  • Low-Rise Condominium
  • Elevator

Unit Features

  • Washer and Dryer Hookup
  • Balcony

Unit Information

Date
09/30/2024
02/26/2025
10/01/2024
05/02/2024
09/26/2024
04/10/2025
04/15/2024
Beds
1 Bed
1 Bed
1 Bed
1 Bed
2 Beds
1 Bed
1 Bed
Baths
1 Bath
1 Bath
1 Bath
1 Bath
2 Baths
1 Bath
1 Bath
Sq Ft
850
805
805
850
1,397
1,048
1
Price
$240,000
$220,000
$250,000
$222,500
$350,000
$275,000
Est. Value
$216,762
Price / Sq Ft
$282 / Sq Ft
$273 / Sq Ft
$311 / Sq Ft
$262 / Sq Ft
$251 / Sq Ft
$262 / Sq Ft
$216,762 / Sq Ft

Unit Size and Value Ranges

Studio Units
Sq Ft Range
110
Est. Values
None Available
1 Bedroom Units
Sq Ft Range
671 - 1,700
Est. Values
$216,762 - $337,385
2 Bedroom Units
Sq Ft Range
887 - 1,525
Est. Values
$257,530 - $348,097
All Units
Sq Ft Range
110 - 1,700
Est. Values
$216,762 - $348,097

Map

Area Factors

Low Crime

Crime Score®

2 / 10

Bikeable

Bike Score®

62 / 100

Somewhat Walkable

Walk Score®

63 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

72 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$188K - $303K
Range of Taxes in Building
$27 - $3,552
Range of Taxes per Sq Ft
$0.02 - $2.44

Property Tax History

Source: Public Records

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