16553 Northwood Road NW - Photo 1
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16553 Northwood Road NW
16553 Northwood Road NW
16553 Northwood Road NW
16553 Northwood Road NW
16553 Northwood Road NW

16553 Northwood Road NW, Prior Lake, MN 55372 - MLS# 7160648

MLS® #: 7160648|Days on Market: 15|Listed: Oct 13, 2026

$2,200,000

Bedrooms
4
Bathrooms
4
Square Feet
4,000
Acres
0.69
Year Built
1968
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Ceiling Fan(s), Central Air
Garages
4
Days on Market
15
School District
719 - Prior Lake-Savage Area Schools

A rare opportunity on Prior Lake! This property at 16553 Northwood Road NW can be purchased individually or together with the neighboring lakefront home at 16565 Northwood Road NW, creating a unique opportunity for a family compound with two homes side by side.

Enjoy lake living at its best on Prior Lake! With 50 feet of shoreline (or 100 feet, with both homes!), a beautifully manicured sandy beach, and panoramic lake views, this property is all about making the most of life on the water. The sandy beach extends right into the lake, creating a wonderful spot to swim and relax, while the included dock makes getting out on the water easy. There is no association for beach use - it is privately owned and part of the property. Outside, you’ll also find a new maintenance-free deck, a pickleball court, and updated landscaping throughout. A hand-cut slate walkway leads down to the beach, passing a massive fire pit with room for people to gather and enjoy the setting. Plus, there is an outdoor audio system with speakers at the deck, at the fire pit, and at the beach.

Inside, the home offers 4,000 finished square feet with vaulted ceilings, abundant natural light, and beautiful lake views. The main level features a spacious kitchen with a pantry, dining and living areas, and a three-sided gas fireplace that brings the spaces together. Three bedrooms are located on the main level, including the primary suite with a walk-in closet, along with a convenient main-level laundry room.

The walkout lower level adds even more room to spread out, with a family room, bedroom, bathroom, wet bar, and an enormous soundproof recreation room with its own separate entrance. Whether you envision a game room, music studio, private guest space, or another flexible-use area, the possibilities are exciting. The space was previously used as a recording studio, and could be converted back. The current owners have made it a destination for fun, with space for games like ping pong and air hockey.

A four-car garage and storage shed provide plenty of room for vehicles, lake gear, and everything in between. Recent improvements include a new roof, chimney, deck, two AC units, reverse osmosis system, and carpet. Additional highlights include two water heaters, city-water irrigation, a security system, and large TVs throughout the home that are included in the sale. There is a Wi-Fi booster that keeps you connected all the way down to the lake. With the legal lot extending to the water and the dock included, this is a special opportunity to enjoy a well-appointed lakefront property with room to relax, entertain, and make lasting memories.

16553 Northwood Road NW, Prior Lake, MN 55372

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Interior Information

BasementEgress Window(s), Finished, Walkout
AppliancesDishwasher, Water Osmosis System, Microwave, Range, Refrigerator
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
Fireplaces2
Fireplace FeaturesTwo Sided, Family Room, Gas, Living Room
LaundryLaundry Room, Main Level
Dining RoomInformal Dining Room
Interior AmenitiesCeiling Fan(s), Deck, Dock, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Security System, In-Ground Sprinkler, Vaulted Ceiling(s), Wet Bar

Size & Levels

LevelsOne
Total Finished Sq Ft4,194 sq ft
Above Grade Finished2,109 sq ft
Below Grade Finished1,891 sq ft
Main Level Finished2,109 sq ft

Bathrooms

3/4 Baths3
1/2 Baths1
Bathroom Details3/4 Basement, 3/4 Primary, Main Floor 1/2 Bath, Main Floor 3/4 Bath

Rooms

Main Level Rooms

Living Room24' x 21'
Dining Room13' x 10'
Kitchen19' x 17'
Bedroom17' x 11'
Bedroom 213' x 10'
Bedroom 311' x 9'

Lower Level Rooms

Family Room33' x 24'
Bedroom 415' x 12'
Recreation Room35' x 18'

Exterior & Parking

ExteriorVinyl
RoofAge 8 Years or Less
FoundationBlock
Patio / PorchComposite Decking, Deck
Garage Stalls4
ParkingDetached Garage

Lot & Utilities

Property SubtypeSingle Family
Lot Size0.69 acres
Lot Dimensions128x448x61x362
Lot DescriptionAccessible Shoreline
ZoningResidential-Single Family
SubdivisionNorthwood
TownshipPrior Lake
CountyScott
SewerCity Sewer/Connected
WaterCity Water/Connected
Other StructuresStorage Shed
WaterfrontLake Front

Financial & Tax Information

Annual Taxes$14,440
Tax Year2026
Tax w/ Assessments$14,440
Assessment PendingNo
Parcel Number251410060
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 86% of occupied homes are owner-occupied, and the average commute is 27 minutes.

Cost of Ownership

Median home value

$538,600

Higher than the Prior Lake median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$5,618/yr

Higher than the Prior Lake median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$2,903/mo

Higher than the Prior Lake median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$763/mo

Lower than the Prior Lake median

Median monthly housing costs for owners without a mortgage.

Median rent

$2,086/mo

Higher than the Prior Lake median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

86%

Similar than Prior Lake overall

The share of occupied homes lived in by their owners.

Median year built

2004

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.

  • 2020 or later3%
  • 2010-201922%
  • 2000-200942%
  • 1990-199913%
  • 1980-19897%
  • 1970-19797%

Types of homes

The share of housing units in each building type.

  • Single-family detached68%
  • Townhome / attached20%
  • 5+ units12%

Getting Around

Average commute

27 min

Higher 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 alone69%
  • Carpool10%
  • Work from home20%

Homes with broadband

95%

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 Jeffers Pond Elementary, Prior Lake-Savage Middle School and Prior Lake High School attendance areas of Prior Lake-Savage Area Schools.

Elementary

Jeffers Pond Elementary

Grades PK-5 · 2 mi away

Enrollment
487
Students per teacher
17.4

14800 Jeffers Pass NW, Prior Lake, MN 55372

(952) 226-0600

Middle

Prior Lake-Savage Middle School

Grades 6-8 · 2.8 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 · 4.1 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: Real Broker, LLC
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.