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Tower Place Condominiums

Tower Place Condominiums

Tower Place Condominiums
Condominium Building
The Costar Building Rating

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

4680 Tower St SE
Prior Lake, MN 55372
69 Units
3 Stories
1988 Year Built
$117K - $206K Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Fitness Center
  • Hidden Oaks Middle School Rated A-
  • Heated In Ground Pool
  • Community Pool
  • Elevator
  • Balcony

Suburban comfort in Prior Lake

Tower Place Condominiums, completed in 1988, offers a blend of suburban tranquility and community living in Prior Lake, Minnesota. This three-story complex houses 69 units, providing residents with a range of living options from cozy one-bedrooms to spacious three-bedroom layouts. Situated in a quiet neighborhood, the condominium complex strikes a balance between peaceful residential living and convenient access to local amenities. The building's design, while not architecturally remarkable, focuses on functionality and comfort for its residents.

Versatile layouts to suit various lifestyles

Tower Place Condominiums offers a diverse range of floor plans to accommodate different needs and preferences. The units span from compact 591 square foot one-bedrooms to generous 1,325 square foot three-bedroom layouts. One-bedroom units, priced around $120,000, provide an efficient living space with one bathroom, ideal for singles or couples. Two-bedroom units, varying from 591 to 1,325 square feet, offer more spacious living areas with one to two bathrooms, and are priced between $133,750 and $145,000. For those requiring more space, three-bedroom units range from 1,134 to 1,325 square feet with two bathrooms, also priced around $120,000. Many units have been thoughtfully updated over the years. Residents can enjoy modern touches such as stainless steel appliances, open kitchen layouts with ample counter space and breakfast bars, and newer cabinets. Some units boast elegant laminate cherry hardwood floors and solid white enameled doors, adding a touch of sophistication. Master bedrooms in select units feature walk-in closets, providing ample storage space. Many condos include private decks or balconies, offering serene views of the surrounding wooded areas or the community pool, perfect for relaxation or outdoor dining. In-unit laundry is a standard feature, with some units equipped with brand new washers and dryers. For year-round comfort, units come with central air conditioning, and some have additional window AC units. The bathrooms in many units have been remodeled, featuring walk-in showers with tile surrounds. Monthly HOA fees range from $400 to $600, covering a comprehensive list of services including electricity, gas, hazard insurance, heating, lawn care, professional management, trash removal, snow removal, water, and access to shared amenities. This all-inclusive fee structure allows for easier budgeting and a worry-free living experience for residents.

Community-focused amenities for active living

Tower Place Condominiums offers a range of amenities designed to enhance the living experience of its residents. The centerpiece is the heated outdoor pool, providing a refreshing retreat during warmer months. Surrounding the pool area is a patio and shelter for outdoor events, creating an ideal space for community gatherings and social interactions. For fitness enthusiasts, the condominium complex features a well-equipped exercise room, allowing residents to maintain their workout routines without leaving the premises. The community room serves as a versatile space for various activities and events. It includes a full kitchen and a cozy fireplace, making it perfect for larger gatherings or community functions. Security is a priority at Tower Place, with the building featuring controlled access for residents' peace of mind. Elevators provide convenient access to all floors, ensuring comfort for residents of all ages and abilities. One of the most appreciated amenities is the heated underground parking, a valuable feature during Minnesota's harsh winters. Each unit is allocated a parking space, and additional storage lockers are available, providing extra space for residents' belongings. The building is pet-friendly, with cats allowed, making it an attractive option for animal lovers. The combination of these amenities creates a comfortable and convenient living environment, fostering a sense of community among residents while catering to their diverse needs and lifestyles.

Lakeside living with small-town charm

Tower Place Condominiums is situated in the heart of Prior Lake, a vibrant suburban community known for its picturesque lakes and small-town atmosphere. The city, home to around 29,000 residents, offers a perfect blend of natural beauty and modern conveniences. Prior Lake is anchored by two recreational lakes, providing ample opportunities for water activities and lakeside relaxation. The neighborhood surrounding Tower Place Condominiums is characterized by its tranquil, wooded setting. Many units in the complex offer beautiful views of the surrounding greenery, creating a serene living environment. Within walking distance, residents can find several parks that showcase the area's natural beauty. Woodridge Park and Timbercrest Park are both less than a mile away, offering green spaces for outdoor recreation. For more extensive outdoor activities, The Ponds park is about a mile from the condominium. This neighborhood park features ball courts, sports fields, an archery range, natural areas, and trails. It's an ideal spot for residents who enjoy a variety of outdoor pursuits, from baseball and basketball to hiking and nature observation. Downtown Prior Lake, with its quaint charm, is easily accessible from Tower Place Condominiums. Here, residents can explore local shops, restaurants, and community events. The Prior Lake Farmers Market, offering both indoor and outdoor vending options, is a popular destination for fresh, local produce and artisanal goods. For everyday necessities, several options are conveniently located near the condominium. Lunds & Byerlys Prior Lake, a moderate-priced grocery store with a 4.2 out of 5 rating, is just a 10-minute walk away. For those who prefer to drive, Fresh Thyme Market and Hy-Vee are both within a 5-mile radius, offering additional grocery shopping options. Dining options in the area cater to various tastes and budgets. Within walking distance, residents can find familiar fast-food options like Dairy Queen Grill & Chill and McDonald's. For those seeking local flavors, Wampach's Restaurant, an established diner offering familiar American fare and breakfast, is about 11 miles away. The neighborhood is served by the highly-rated Prior Lake-Savage Area Schools district. Five Hawks Elementary School, with a GreatSchools rating of 7 out of 10, is just a mile away. For middle and high school students, Hidden Oaks Middle School and Prior Lake High School are both within a 4-mile radius, boasting impressive Niche ratings of A and A- respectively. Overall, the neighborhood surrounding Tower Place Condominiums offers a balanced lifestyle, combining the tranquility of suburban living with easy access to outdoor recreation, local amenities, and quality education, all within the charming context of Prior Lake.

Car-centric suburb with growing transit options

Transportation in Prior Lake primarily revolves around personal vehicles, reflecting its suburban nature. The area surrounding Tower Place Condominiums is largely car-dependent, with most errands and activities requiring a car. However, the city is making strides to improve alternative transportation options for residents. For those who rely on public transit, there are bus options available, albeit limited. The nearest bus stop is located about a mile from the condominium, at Co Rd 21 (Eagle Creek) & Main Ave NW. This stop is serviced by two transit lines: the Apple Valley-Burnsville-Prior Lake/Mystic Lake line and the Prior Lake-Shakopee-Minneapolis line. These routes provide connections to neighboring communities and downtown Minneapolis, offering an alternative for commuters or those looking to explore the wider Twin Cities area. Cycling is becoming an increasingly viable option in Prior Lake. The area around Tower Place Condominiums is considered bikeable, with some bike infrastructure. While not extensive, there are bike lanes and paths in certain areas, allowing residents to use bicycles for some trips, particularly for recreation or short commutes. For longer trips or air travel, the Minneapolis-St Paul International Airport is approximately 22 miles away, typically a 35-minute drive depending on traffic conditions. This proximity provides convenient access for both domestic and international travel. The condominium's location offers easy access to major roads, facilitating car travel to various parts of the Twin Cities metro area. The heated underground parking provided by Tower Place Condominiums is particularly valuable during Minnesota's harsh winters, allowing residents to avoid scraping ice and snow off their vehicles. While the area is primarily designed for car use, ongoing developments in public transit and cycling infrastructure suggest a gradual shift towards more diverse transportation options. For now, residents of Tower Place Condominiums who prefer or require alternatives to driving may need to plan their trips more carefully, but can still access various parts of the Twin Cities metro area through a combination of available transit options.

Available Condos

No units matching this criteria are available right now.

Building Details

Recreation

  • Fitness Center
  • Heated In Ground Pool
  • Community Pool

Amenities

  • 24 Hour Access

Parking

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

Condo Association

  • $552 Monthly HOA Fees
  • Monthly HOA Fees Range from $387 - $682
  • Association fees include hazard insurance, heating, lawn care, ground maintenance, professional mgmt, trash, security, shared amenities, snow removal
  • Association One Association, Phone Number (833) 737-8663
  • Cic 1151 Tower Place Condo Subdivision

Building Design

  • Low-Rise Condominium
  • Elevator

Unit Features

  • Washer and Dryer Hookup
  • Balcony

Unit Information

Unit
221
Beds
2 Beds
Baths
2 Baths
Sq Ft
1,135
Price
$129,900
Price / Sq Ft
$114 / Sq Ft
List Date
03/11/2025

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
591 - 939
Est. Values
$117,058 - $175,714
2 Bedroom Units
Sq Ft Range
591 - 1,325
Est. Values
$128,976 - $205,647
3 Bedroom Units
Sq Ft Range
1,134 - 1,325
Est. Values
$153,909 - $199,775
All Units
Sq Ft Range
591 - 1,325
Est. Values
$117,058 - $205,647

Map

Area Factors

Low Crime

Crime Score®

2 / 10

Somewhat Bikeable

Bike Score®

40 / 100

Car-Dependent

Walk Score®

39 / 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®

76 / 100

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Air Pollution®

N/A / 10

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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
$114K - $167K
Range of Taxes in Building
$900 - $1,652
Range of Taxes per Sq Ft
$1.03 - $1.73

Property Tax History

Source: Public Records

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