18685 Highview Avenue - Photo 1
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18685 Highview Avenue
18685 Highview Avenue
18685 Highview Avenue
18685 Highview Avenue
18685 Highview Avenue

18685 Highview Avenue, Lakeville, MN 55044 - MLS# 7109430

MLS® #: 7109430|Days on Market: 106|Listed: Jul 15, 2026

$998,500

Bedrooms
5
Bathrooms
5
Square Feet
5,877
Acres
2.498
Year Built
1996
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Central Air, Zoned
Garages
3
Days on Market
106
School District
194 - Lakeville

Nearly 6,000 Finished Sq Ft on 2.5 Private Acres in Central Lakeville — Priced to Invest!!

This is the Lakeville property that shouldn't exist at this price.

5 bedrooms. 5 bathrooms. Nearly 6,000 finished square feet of brick-front living on 2.5 private acres — not 30 minutes outside of town, but in Lakeville, minutes from top-rated schools, dining, and shopping. At under $170 per square foot, this home is priced well below the Lakeville market average — and it sits on acreage that, on its own, carries significant value in today's land-scarce market.

The bones here are exceptional. A 35-year architectural roof (8 years in), LP SmartSide siding (3 yo), dual-zone HVAC (1 unit is newer), a road-grade driveway, irrigation system(irrigation system runs from the well, the house is city water/sewer), and a finished insulated 3-car garage with high ceilings built for more than just parking. Inside, vaulted ceilings and hardwood floors anchor a main-level layout where every daily living function is on one floor. The walkout lower level is built for entertaining — a large wet bar, generous gathering space, and room to grow.

This home is being offered at a price that gives its next owner real room to personalize and add value. Bring your vision for the kitchen. Reimagine the primary bath. Update finishes to your taste — and know that the structural investments, the mechanicals, and the acreage have already been handled. You're not buying a fixer. You're buying a canvas with a foundation that most new builds can't match — at a price per square foot that new construction in Lakeville can't touch.

Properties with this combination of space, land, and location don't come to market often. When they do, they don't come at this number.

18685 Highview Avenue, Lakeville, MN 55044

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Interior Information

BasementEgress Window(s), Finished, Full, Walkout
AppliancesDishwasher, Disposal, Microwave, Range, Refrigerator, Stainless Steel Appliances
CoolingCentral Air, Zoned
HeatingForced Air
FuelNatural Gas
Fireplaces2
Fireplace FeaturesGas
LaundryMain Level
Dining RoomEat In Kitchen, Separate/Formal Dining Room

Size & Levels

LevelsTwo
Total Finished Sq Ft5,877 sq ft
Above Grade Finished3,839 sq ft
Below Grade Finished2,038 sq ft
Main Level Finished2,038 sq ft

Bathrooms

Full Baths3
3/4 Baths1
1/2 Baths1
Bathroom DetailsDouble Sink, Bathroom Ensuite, Full Basement, His and Her Closets, Main Floor 1/2 Bath, Main Floor Full Bath, Upper Level Full Bath, Jetted Tub

Rooms

Main Level Rooms

Living Room19' x 17'
Family Room23' x 18'
Dining Room15' x 14'
Kitchen15' x 11'
Bedroom16' x 16'
Laundry17' x 7'

Upper Level Rooms

Bedroom 215' x 13'
Bedroom 315' x 13'
Bedroom 415' x 11'
Bedroom 511' x 11'

Lower Level Rooms

Family Room32' x 22'
Amusement Room49' x 19'
Bonus Room44' x 13'

Exterior & Parking

ExteriorStone, Engineered Wood
RoofAge 8 Years or Less, Asphalt
FoundationPoured Concrete
Patio / PorchDeck, Patio
Garage Stalls3
Garage Size43x26 (1,118 sq ft)
ParkingAttached Garage, Asphalt

Lot & Utilities

Property SubtypeSingle Family
Lot Size2.498 acres
Lot Dimensions423x257
ZoningResidential-Single Family
SubdivisionNinth Elementary Add
TownshipLakeville
CountyDakota
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street
Other StructuresStorage Shed

Financial & Tax Information

Annual Taxes$10,646
Tax Year2026
Tax w/ Assessments$10,646
Assessment PendingNo
Parcel Number225145001010
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1990-1999, about 97% of occupied homes are owner-occupied, and the average commute is 23 minutes.

Cost of Ownership

Median home value

$543,500

Higher than the Lakeville median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$5,550/yr

Higher than the Lakeville median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$2,785/mo

Higher than the Lakeville median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$891/mo

Higher than the Lakeville median

Median monthly housing costs for owners without a mortgage.

Median rent

$3,041/mo

Higher than the Lakeville median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

97%

Higher than Lakeville overall

The share of occupied homes lived in by their owners.

Median year built

1999

Similar to the Lakeville median

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 2010-201927%
  • 2000-200921%
  • 1990-199938%
  • 1980-198911%

Types of homes

The share of housing units in each building type.

  • Single-family detached94%
  • Townhome / attached6%

Getting Around

Average commute

23 min

Similar to the Lakeville median

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone63%
  • Work from home33%

Homes with broadband

99%

Similar than Lakeville overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Lakeville Area Schools

This home is in the Highview Elementary School, Century Middle School and Lakeville North High attendance areas of Lakeville Area Schools.

Elementary

Highview Elementary School

Grades K-5 · 0.1 mi away

Enrollment
658
Students per teacher
18.8

18600 Huntley Trail, Lakeville, MN 55044

(952) 232-2400

Middle

Century Middle School

Grades 6-8 · 0.9 mi away

Enrollment
950
Students per teacher
19

18610 Ipava Ave, Lakeville, MN 55044

(952) 232-2301

High

Lakeville North High

Grades 9-12 · 1.3 mi away

Enrollment
1,871
Students per teacher
22.8

19600 Ipava Ave, Lakeville, MN 55044

(952) 232-3600

School assignments can change. Verify enrollment with Lakeville Area Schools.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

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Listed by: Compass
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.