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20374 Kensington Way, Lakeville, MN 55044

$499,950

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 2,976 Lot Size (sq. ft.): 14,810 Status: Active

Current Price: $499,950 List Date: 5/14/2026 Last Modified: 7/15/2026

Overview

Description

This move-in-ready two-story home offers space, style, and thoughtful updates throughout. With 5 bedrooms and 4 bathrooms, there’s room for everyone to spread out and enjoy. The upper level features four bedrooms, including a spacious primary retreat with a private ¾ bath and dual vanity. Downstairs, the finished lower level is designed for flexibility—perfect for guests, a home office, or movie nights—with an additional bedroom, ¾ bath, and generous living area. Recent exterior improvements including new siding, roof, and windows add lasting value and curb appeal. The heated two-car garage with epoxy flooring is ideal for Minnesota winters, while the expansive flat backyard creates the perfect setting for entertaining, gardening, or simply relaxing outdoors. Conveniently located near Lake Marion with quick freeway access, you’ll love being close to parks, shopping, restaurants, and everyday amenities.

Open Houses

Tomorrow, 12:00 pm - 2:00 pm

Listing Details MLS# 7071304

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Waterfront YN: No
Year Built: 1994
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Bath Three Quarters: Yes
Bath Half: Yes
Main Floor Total SqFt: 982
Above Grd Total SqFt: 1994
Below Grd Total SqFt: 982
Total SqFt: 2976
Total Finished Sqft: 2976.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 982
Garage Stalls: 2
Lot Dimensions: 111x127x130x127
Acres: 0.34
Assessment Pending: No
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Deck; Kitchen Center Island; Kitchen Window; Porch; Primary Bedroom Walk-In Closet; Washer/Dryer Hookup Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Basement: Concrete Block; Drain Tiled; Egress Windows; Sump Pump Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary; 3/4 Basement Construction Materials: Block; Frame Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room; Living/Dining Room; Separate/Formal Dining Room Exterior: Brick/Stone; Cement Board; Vinyl Family Room Characteristics: Lower Level Fireplace Characteristics: Gas Burning; Living Room Foundation: Concrete Block Fuel: Electric; Natural Gas Heating: Forced Air Laundry: Gas Dryer Hookup; Laundry Room; Main Level; Sink; Washer Hookup Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 559000
ListPrice: 499950
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 20374
Street Name: Kensington
Street Suffix: Way
Postal City: Lakeville
County: Dakota
State: MN
Zip Code: 55044
Complex/Dev/Subdivision: Marion Village 2nd Add

Assessments

Tax With Assessments: 5052
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1994
Finished SqFt Below Ground: 982

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 484

Public Survey Info

Range#: 21
Section#: 25
Township#: 114

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: MARION VILLAGE 2ND ADD 17 4
Listing City: Lakeville
Map Page: 176
Municipality: Lakeville
School District: Lakeville
School District Phone: 952-232-2000
Zip Plus 4: 5950
Property ID Number: 224754604170
Tax Year: 2026
Tax Amount: 4623
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: This move-in-ready two-story home offers space, style, and thoughtful updates throughout. With 5 bedrooms and 4 bathrooms, there’s room for everyone to spread out and enjoy. The upper level features four bedrooms, including a spacious primary retreat with a private ¾ bath and dual vanity. Downstairs, the finished lower level is designed for flexibility—perfect for guests, a home office, or movie nights—with an additional bedroom, ¾ bath, and generous living area. Recent exterior improvements including new siding, roof, and windows add lasting value and curb appeal. The heated two-car garage with epoxy flooring is ideal for Minnesota winters, while the expansive flat backyard creates the perfect setting for entertaining, gardening, or simply relaxing outdoors. Conveniently located near Lake Marion with quick freeway access, you’ll love being close to parks, shopping, restaurants, and everyday amenities.
Directions: From I35 take exit 81 (CR-70) and head East; turn Left onto Kensington Blvd; turn Right onto Kensington Way

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Deck: Yes
Kitchen Center Island: Yes
Kitchen Window: Yes
Porch: Yes
Primary Bedroom Walk-In Closet: Yes
Washer/Dryer Hookup: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Basement

Concrete Block: Yes
Drain Tiled: Yes
Egress Windows: Yes
Sump Pump: Yes

Bath Description

Main Floor 1/2 Bath: Yes
Upper Level Full Bath: Yes
Full Primary: Yes
Private Primary: Yes
3/4 Basement: Yes

Construction Materials

Block: Yes
Frame: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Eat In Kitchen: Yes
Informal Dining Room: Yes
Kitchen/Dining Room: Yes
Living/Dining Room: Yes
Separate/Formal Dining Room: Yes

Exterior

Brick/Stone: Yes
Cement Board: Yes
Vinyl: Yes

Family Room Characteristics

Lower Level: Yes

Fireplace Characteristics

Gas Burning: Yes
Living Room: Yes

Foundation

Concrete Block: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Laundry

Gas Dryer Hookup: Yes
Laundry Room: Yes
Main Level: Yes
Sink: Yes
Washer Hookup: Yes

Patio, Porch and Deck Features

Deck: Yes
Front Porch: Yes
Patio: Yes

Sewer

City Sewer/Connected: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Room Information

Room Name	Dimensions	Level
Dining Room	13x12	Main
Family Room	21x15	Lower
First (1st) Bedroom	15x13	Upper
Flex Room	11x11	Lower
Fourth (4th) Bedroom	12x11	Upper
Informal Dining Room	10x14	Main
Kitchen	14x12	Main
Living Room	14x14	Main
Second (2nd) Bedroom	13x10	Upper
Third (3rd) Bedroom	11x10	Upper

Listing Office: Green Tree Realty

Last Updated: July - 15 - 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.