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16584 Klamath Terrace, Lakeville, MN 55044

New Listing

$1,599,900

Virtual Tour

https://wellcomemat.com/embed/5anu5ee4badd1mlej?mls=1

Virtual Tour

https://media.wonoverimages.com/videos/019e7909-25d0-72be-80e8-8cd2e241c484

Elegant home sits at the end of cul-de-sac with it's own 275 feet of lakeshore out back

Living room / Great room with gas fireplace, sweeping views of trees and the lake

Lake view from the moment you step in the front door

Dining room has view of the lake and pool

Spacious 4-season porch is climate controlled with it's own fireplace and mini-split

4-season porch has new LVP, new mini-split and is climate controlled for all weather

Primary bedroom suite has lake and treetop views

Windows, fireplace, expansive primary bedroom

Main floor deck, great lake views, new maintentance free boards

Main floor deck w new maintenance free boards

New concrete drive is appealing and welcoming

View looking back at the house from the lake

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Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 8,074 Lot Size (sq. ft.): 136,343 Status: Active

Current Price: $1,599,900 List Date: 5/30/2026 Last Modified: 6/04/2026

Overview

Description

Lakefront living at its finest, this one-of-a-kind luxury home features stunning views from every room, an inviting pool, stone fire pit area, privacy, and soft modern architecture. It is both impressive and comfortable at the same time. Set on more than 3 acres with 329 feet of shoreline, this custom-built executive Tom Mihm home was originally designed as the builder’s personal residence — and it shows in the exceptional layout, quality craftsmanship, and incredible connection to the lake from nearly every room. With over 7,500 finished square feet, home highlights include a 2 story great room, high vaulted ceilings, expansive picture windows, kitchen island, four fireplaces, and incredible entertaining space. Fresh interior and exterior paint, new hardwood and LVP flooring, a new roof, updated landscaping, and new concrete driveway and front porch add to the home’s refreshed appeal. Relaxation and enjoyment is amplified with the new whole house Sonos S2 sound system. R ... (Read more) Lakefront living at its finest, this one-of-a-kind luxury home features stunning views from every room, an inviting pool, stone fire pit area, privacy, and soft modern architecture. It is both impressive and comfortable at the same time. Set on more than 3 acres with 329 feet of shoreline, this custom-built executive Tom Mihm home was originally designed as the builder’s personal residence — and it shows in the exceptional layout, quality craftsmanship, and incredible connection to the lake from nearly every room. With over 7,500 finished square feet, home highlights include a 2 story great room, high vaulted ceilings, expansive picture windows, kitchen island, four fireplaces, and incredible entertaining space. Fresh interior and exterior paint, new hardwood and LVP flooring, a new roof, updated landscaping, and new concrete driveway and front porch add to the home’s refreshed appeal. Relaxation and enjoyment is amplified with the new whole house Sonos S2 sound system. Recently updated, the kitchen has a large center island and opens naturally into multiple living and dining spaces, including a renovated four-season porch with new mini-split that overlooks the pool and lake. Upstairs, the primary suite includes its own fireplace, elegant bath, and peaceful panoramic lake views. The walkout lower level was made for fun, featuring a media room with projector, retractable screen, Sonos sound, and a custom TV wall with three picture-in-picture TVs — perfect for game days, movie nights, or hosting friends and family. There's also a wet bar, pool table, space for the ping pong table, game table, and work-out room. Outside, there's a new hot tub, new firepit, new maintenance-free deck boards, and an awesome pool with slide, diving board, and plenty of patio space for sunbathing, making it easy to enjoy the property year-round. Additional features include a Jack and Jill bath connecting two upper-level bedrooms, a spacious main floor laundry room, and abundant lower-level storage space that is rarely found in lake homes of this size. Whether spending quiet mornings on the water, swimming and fishing off the shoreline, or taking the boat over to community favorite restaurant, The Chart House, for dinner or events, the lifestyle here is just as exceptional as the home itself. The lake is ideal for kayaking, canoeing, swimming, fishing, and small 10hp motorized boats, offering a quieter and more relaxed lake experience. Location is close to everything, but feels perfectly secluded in a friendly, upscale neighborhood. Come see for yourself all that this amazing home has to offer!

Open Houses

Tomorrow, 1:00 pm - 3:00 pm

Listing Details MLS# 7082814

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: Yes
New Development: No
Number of Fireplaces: 4
Road Btwn WF & Home?: No
Waterfront Frontage: 275
Waterfront Present: Yes
Year Built: 1991
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Bath Three Quarters: Yes
Bath Half: Yes
Main Floor Total SqFt: 3371
Above Grd Total SqFt: 5509
Below Grd Total SqFt: 2565
Total SqFt: 8074
Total Finished Sqft: 7574.00
FireplaceYN: Yes
Lake/Waterfront Name: Kingsley
Style: (SF) Single Family
Foundation Size: 2575
Power Company: Dakota Electric Association
Garage Stalls: 3
Lot Dimensions: 442x45x431x522
Acres: 3.13
Assessment Pending: No
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Deck; Dock; French Doors; Hardwood Floors; Hot Tub; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Natural Woodwork; Panoramic View; Patio; Porch; Primary Bedroom Walk-In Closet; Security System; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Wet Bar Appliances: Air-To-Air Exchanger; Central Vacuum; Cooktop; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer; Water Filtration System Basement: Drain Tiled; Full; Kitchenette Bath Description: Double Sink; Full Jack & Jill; Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement; Jetted Tub; Separate Tub & Shower Construction Status: Previously Owned Dining Room Description: Breakfast Area; Separate/Formal Dining Room Elevation Highpoint to Waterfront Slope: Gradual Exterior: Stucco Family Room Characteristics: 2 or More; 2 Story/High/Vaulted Ceilings; Entertainment/Media Center; Family Room; Great Room; Lower Level; Main Level Fireplace Characteristics: Amusement Room; Gas Burning; Living Room; Primary Bedroom Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Lake Details: Reeds; Sand; Soft Laundry: Laundry Room; Main Level Lock Box Type: Supra Lot Description: Accessible Shoreline Parking Characteristics: Finished Garage; Heated Garage; Insulated Garage Pool Description: Below Ground; Heated Road Frontage: City Street; Cul De Sac; Paved Streets; Storm Sewer Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Architectural Shingle; Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA; Other Sewer: City Sewer/Connected Special Search: 3 BR on One Level; Main Floor Laundry; Primary Bdr Suite Stories: Two Water: City Water/Connected Waterfront View: Lake; Panoramic

Contract Information

Contingency: None
Original List Price: 1599900
ListPrice: 1599900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 16584
Street Name: Klamath
Street Suffix: Terrace
Postal City: Lakeville
County: Dakota
State: MN
Zip Code: 55044
Complex/Dev/Subdivision: Kingsley Cove

Additional Parcels Information

Property ID #2: 225472012120

Assessments

Tax With Assessments: 14746
Assessment Balance: 0

More Information

Building Information

Finished SqFt Above Ground: 5009
Finished SqFt Below Ground: 2565

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet: 40+

Lake Details

Lake Acres: 75
Lake Depth: No
Reeds: Yes
Sand: Yes
Soft: Yes

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: MAAR
Supra: Yes

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 31x45
Garage Square Feet: 1000
Finished Garage: Yes
Heated Garage: Yes
Insulated Garage: Yes

Public Survey Info

Range#: 21
Section#: 02
Township#: 114

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: KINGSLEY COVE 6 1
Listing City: Lakeville
Map Page: 162
Municipality: Lakeville
School District: Lakeville
School District Phone: 952-232-2000
DNR Lake ID#: 19003000
DNR Lake Classification: Natural Environment
Zip Plus 4: 8425
Property ID Number: 224186001060
Tax Year: 2026
Tax Amount: 14746
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Lakefront living at its finest, this one-of-a-kind luxury home features stunning views from every room, an inviting pool, stone fire pit area, privacy, and soft modern architecture. It is both impressive and comfortable at the same time. Set on more than 3 acres with 329 feet of shoreline, this custom-built executive Tom Mihm home was originally designed as the builder’s personal residence — and it shows in the exceptional layout, quality craftsmanship, and incredible connection to the lake from nearly every room. With over 7,500 finished square feet, home highlights include a 2 story great room, high vaulted ceilings, expansive picture windows, kitchen island, four fireplaces, and incredible entertaining space. Fresh interior and exterior paint, new hardwood and LVP flooring, a new roof, updated landscaping, and new concrete driveway and front porch add to the home’s refreshed appeal. Relaxation and enjoyment is amplified with the new whole house Sonos S2 sound system. Recently updated, the kitchen has a large center island and opens naturally into multiple living and dining spaces, including a renovated four-season porch with new mini-split that overlooks the pool and lake. Upstairs, the primary suite includes its own fireplace, elegant bath, and peaceful panoramic lake views. The walkout lower level was made for fun, featuring a media room with projector, retractable screen, Sonos sound, and a custom TV wall with three picture-in-picture TVs — perfect for game days, movie nights, or hosting friends and family. There's also a wet bar, pool table, space for the ping pong table, game table, and work-out room. Outside, there's a new hot tub, new firepit, new maintenance-free deck boards, and an awesome pool with slide, diving board, and plenty of patio space for sunbathing, making it easy to enjoy the property year-round. Additional features include a Jack and Jill bath connecting two upper-level bedrooms, a spacious main floor laundry room, and abundant lower-level storage space that is rarely found in lake homes of this size. Whether spending quiet mornings on the water, swimming and fishing off the shoreline, or taking the boat over to community favorite restaurant, The Chart House, for dinner or events, the lifestyle here is just as exceptional as the home itself. The lake is ideal for kayaking, canoeing, swimming, fishing, and small 10hp motorized boats, offering a quieter and more relaxed lake experience. Location is close to everything, but feels perfectly secluded in a friendly, upscale neighborhood. Come see for yourself all that this amazing home has to offer!
Directions: From 35W, take Exit 86 for Cty Rd 46 - go West. Continue on 162nd St W. Take Klamath Trail to Klamath Terrace to home at the end of the cul-de-sac.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Deck: Yes
Dock: Yes
French Doors: Yes
Hardwood Floors: Yes
Hot Tub: Yes
In-Ground Sprinkler: Yes
Kitchen Center Island: Yes
Kitchen Window: Yes
Natural Woodwork: Yes
Panoramic View: Yes
Patio: Yes
Porch: Yes
Primary Bedroom Walk-In Closet: Yes
Security System: Yes
Tile Floors: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet: Yes
Wet Bar: Yes

Appliances

Air-To-Air Exchanger: Yes
Central Vacuum: Yes
Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes
Water Filtration System: Yes

Basement

Drain Tiled: Yes
Full: Yes
Kitchenette: Yes

Bath Description

Double Sink: Yes
Full Jack & Jill: Yes
Main Floor 1/2 Bath: Yes
Upper Level Full Bath: Yes
Full Primary: Yes
Private Primary: Yes
3/4 Basement: Yes
Jetted Tub: Yes
Separate Tub & Shower: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Breakfast Area: Yes
Separate/Formal Dining Room: Yes

Elevation Highpoint to Waterfront Slope

Gradual: Yes

Exterior

Stucco: Yes

Family Room Characteristics

2 or More: Yes
2 Story/High/Vaulted Ceilings: Yes
Entertainment/Media Center: Yes
Family Room: Yes
Great Room: Yes
Lower Level: Yes
Main Level: Yes

Fireplace Characteristics

Amusement Room: Yes
Gas Burning: Yes
Living Room: Yes
Primary Bedroom: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Lake/Waterfront

Lake Front: Yes

Laundry

Laundry Room: Yes
Main Level: Yes

Lot Description

Accessible Shoreline: Yes

Patio, Porch and Deck Features

Composite Decking: Yes
Covered: Yes
Deck: Yes
Enclosed: Yes
Front Porch: Yes
Patio: Yes
Porch: Yes
Rear Porch: Yes
Wrap Around: Yes

Pool Description

Below Ground: Yes
Heated: Yes

Road Frontage

City Street: Yes
Cul De Sac: Yes
Paved Streets: Yes
Storm Sewer: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes
Architectural Shingle: Yes
Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
Other: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Special Search

3 BR on One Level: Yes
Main Floor Laundry: Yes
Primary Bdr Suite: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Waterfront View

Lake: Yes
Panoramic: Yes

Room Information

Room Name	Dimensions	Level
Amusement Room	24x24	Lower
Billiard Room	16x13	Lower
Dining Room	14x13	Main
Family Room	23x19	Main
Fifth (5th) Bedroom	14x13	Lower
First (1st) Bedroom	26x20	Upper
Four Season Porch	20x11	Main
Fourth (4th) Bedroom	15x15	Lower
Kitchen	24x15	Main
Living Room	21x16	Main
Media Room	18x16	Lower
Office	15x12	Main
Second (2nd) Bedroom	17x11	Upper
Third (3rd) Bedroom	14x12	Upper

Documents

16584 Klamath Terrace Recent Updates.pdf ›

Listing Office: Realty Exchange

Last Updated: June - 04 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.