16497 Franklin Trail SE - Photo 1
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16497 Franklin Trail SE
16497 Franklin Trail SE
16497 Franklin Trail SE
16497 Franklin Trail SE
16497 Franklin Trail SE

16497 Franklin Trail SE, Prior Lake, MN 55372 - MLS# 7150399

MLS® #: 7150399|Days on Market: 29|Listed: Sep 29, 2026

$369,900

$379,900↓ 2.6%
Bedrooms
3
Bathrooms
2
Square Feet
1,800
Acres
0.309
Year Built
1979
Property Type
Residential
Heating
Natural Gas
Cooling
Ceiling Fan(s), Central Air, Ductless
Garages
2
Days on Market
29
School District
719 - Prior Lake-Savage Area Schools

*****Seller is offering $8,000 toward Buyer’s closing costs, subject to lender approval, plus a one-year home warranty. Seller will also do a one year-1% buy down on the interest rate for the first year.

*****

Welcome to a home full of warmth, character, and easy one-level living! This custom-built, three-bedroom, two-bath rambler offers a versatile layout with vaulted, wood-beamed ceilings and a striking two-sided Chicago brick gas fireplace that brings a cozy feel to the living spaces. The open living and dining area makes gathering easy, while the inviting hearth room off the kitchen offers space for dining, relaxing, or a second sitting area.

The kitchen features brushed granite countertops, appliances and a garbage disposal updated in 2023, and generous cabinet storage. A wall of east-facing windows, a long built-in bench, and access to the patio create a welcoming connection to the outdoors. Enjoy the spacious, fenced backyard backing to green space, with room to garden, gather around the firepit, or simply unwind.

Thoughtful improvements include a natural gas boiler installed in 2021, a water heater replaced in December 2021, updated flooring in the living room and back bedroom, front picture and kitchen windows replaced in September 2025, a new chimney in 2024, and a new shed in 2025. A water softener was installed in 2026, and a mini-split is planned for the third bedroom before closing. Main-level laundry and an oversized two-car garage add everyday convenience. With its distinctive character and comfortable spaces, this Prior Lake home is a lovely alternative to townhome living!

16497 Franklin Trail SE, Prior Lake, MN 55372

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Interior Information

AppliancesDishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener Owned
CoolingCentral Air, Ductless Mini-Split
HeatingBoiler
FuelNatural Gas
Fireplaces1
Fireplace FeaturesTwo Sided, Family Room, Gas, Living Room
LaundryMain Level
Dining RoomInformal Dining Room, Living/Dining Room, Separate/Formal Dining Room
Interior AmenitiesCeiling Fan(s), Kitchen Window, Main Floor Primary Bedroom, Patio, Paneled Doors, Porch, Tile Floors, Vaulted Ceiling(s), Washer/Dryer Hookup, Walk-In Closet
AccessibilityNo Stairs External, No Stairs Internal

Size & Levels

LevelsOne
Total Finished Sq Ft1,800 sq ft
Above Grade Finished1,800 sq ft
Main Level Finished1,800 sq ft

Bathrooms

Full Baths2
Bathroom DetailsMain Floor 3/4 Bath, Main Floor Full Bath, Walk-In Shower Stall

Rooms

Main Level Rooms

Living Room19' x 15'
Family Room18' x 18'
Kitchen15' x 8'
Bedroom14' x 11'
Bedroom 213' x 10'
Bedroom 312' x 12'
Laundry8' x 7'
Patio18' x 12'

Exterior & Parking

ExteriorStone, Steel Siding
RoofAge 8 Years or Less
FoundationBlock
Patio / PorchFront Porch, Patio
Garage Stalls2
Garage Size24x22 (550 sq ft)
ParkingAttached Garage, Concrete, Garage Door Opener

Lot & Utilities

Property SubtypeSingle Family
Lot Size0.309 acres
Lot Dimensions90x168
Lot DescriptionTree Coverage - Light
ZoningResidential-Single Family
SubdivisionBorgerding 2nd Add
TownshipPrior Lake
CountyScott
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street
FencingChain Link, Full
Other StructuresStorage Shed

Financial & Tax Information

Annual Taxes$3,786
Tax Year2025
Tax w/ Assessments$3,786
Assessment PendingNo
Parcel Number250230040
Financing OptionsConventional, VA, FHA, Cash
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 2000-2009, about 77% of occupied homes are owner-occupied, and the average commute is 23 minutes.

Cost of Ownership

Median home value

$385,400

Lower than the Prior Lake median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$3,897/yr

Lower than the Prior Lake median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$2,308/mo

Lower than the Prior Lake median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$745/mo

Lower than the Prior Lake median

Median monthly housing costs for owners without a mortgage.

Median rent

$1,365/mo

Lower than the Prior Lake median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

77%

Lower than Prior Lake overall

The share of occupied homes lived in by their owners.

Median year built

2001

Similar to the Prior Lake median

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

Home age by decade

The share of homes built during each period.

  • 2010-201912%
  • 2000-200941%
  • 1990-199922%
  • 1980-19899%
  • 1970-197910%

Types of homes

The share of housing units in each building type.

  • Single-family detached47%
  • Townhome / attached28%
  • 5+ units21%

Getting Around

Average commute

23 min

Lower than the Prior Lake 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 alone66%
  • Carpool8%
  • Work from home24%

Homes with broadband

93%

Similar than Prior Lake 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

Prior Lake-Savage Area Schools

This home is in the Hamilton Ridge Elementary School, Prior Lake-Savage Middle School and Prior Lake High School attendance areas of Prior Lake-Savage Area Schools.

Elementary

Hamilton Ridge Elementary School

Grades K-5 · 2.1 mi away

Enrollment
586
Students per teacher
15.4

8100 157th St, Savage, MN 55378

(952) 226-0000

Middle

Prior Lake-Savage Middle School

Grades 6-8 · 1 mi away

Enrollment
2,025
Students per teacher
19.5

15855 Fish Point Rd, Prior Lake, MN 55372

(952) 226-0700

High

Prior Lake High School

Grades 9-12 · 2.3 mi away

Enrollment
2,856
Students per teacher
20.7

7575 150th St W, Savage, MN 55378

(952) 226-8600

School assignments can change. Verify enrollment with Prior Lake-Savage 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: RE/MAX Advantage Plus
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.