519 N Lakeshore Drive, Lake City, MN 55041

New Listing
$729,000
Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 3,112 Lot Size (sq. ft.): 8,712 Status: Coming Soon
Current Price: $729,000 List Date: 6/26/2026 Last Modified: 6/26/2026

Overview

Description

This is your rare opportunity to own a beautifully updated modern lake house which combines energy-aware construction, quality finishes, flexible living spaces, with outstanding income potential. Even more impressive, it is the only home (less than ten years old) which is located just a few blocks from the downtown businesses, parks, marina, paths, waterfront attractions, and local restaurants offering a lifestyle that is nearly impossible to find in Lake City. Designed for comfortable everyday living and entertaining, 519 N Lakeshore Drive features stunning multi-level Lake Pepin views including the backdrop of Maiden Rock Bluff. It also boasts of multiple outdoor living spaces (two decks and a porch) and a versatile lower-level suite ideal for guests or can be used as a furnished vacation rental. The property has been registered as a short-term rental with the city, the Chamber of Commerce, Google/Airbnb and has a strong history as a successful STR property, creating an excellent opp ...

Listing Details MLS# 7098642

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
2017
Yearly/Seasonal
Yearly
Zoning
Shoreline, Residential-Single Family
Bath Full
Yes
Bath Three Quarters
2
Main Floor Total SqFt
1106
Above Grd Total SqFt
2112
Below Grd Total SqFt
1000
Total SqFt
3112
Total Finished Sqft
3112.00
FireplaceYN
Yes
Lake/Waterfront Name
Pepin
Style
(SF) Single Family
Foundation Size
1144
Garage Stalls
3
Lot Dimensions
75x117
Acres
0.2
Assessment Pending
Unknown
Bath Half
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air; Zoned Amenities Unit: Cable; Ceiling Fan(s); Ethernet Wired; Kitchen Center Island; Local Area Network; Main Floor Primary Bedroom; Panoramic View; Patio; Porch; Security Lights; Walk-In Closet; Washer/Dryer Hookup; Other Appliances: Cooktop; Dishwasher; Disposal; Dryer; Electronic Air Filter; Energy Star Appliances; Microwave; Range; Refrigerator; Washer Basement: Full; Storage Space; Other Bath Description: Main Floor 3/4 Bath; Upper Level 3/4 Bath; Full Basement Construction Materials: Frame Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Informal Dining Room Electric: 200+ Amp Service; Circuit Breakers Elevation Highpoint to Waterfront Slope: Gradual Exterior: Engineered Wood Family Room Characteristics: 2 or More; 2 Story/High/Vaulted Ceilings; Family Room; Great Room; Lower Level; Main Level Fencing: Partial; Wood Fireplace Characteristics: Gas Burning Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air Internet Options: Cable; DSL Laundry: Laundry Closet; Main Level Lock Box Type: Combo Lot Description: Public Transit (w/in 6 blks); Underground Utilities Outbuildings: Additional Garage Parking Characteristics: Garage Door Opener; Gravel Lot; Other Pool Description: None Road Frontage: City Street; Highway; Paved Streets Roof: Age Over 8 Years; Architectural Shingle; Metal Second Unit: Easily Divided; Existing In-Law w/Bath Sellers Terms: Cash; Conventional Sewer: City Sewer - In Street Special Search: 3 BR on One Level; All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary Stories: Two Water: City Water - In Street Waterfront Type: Lake View Waterfront View: Panoramic

Contract Information

Contingency
None
Original List Price
729000
ListPrice
729000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
519
Street Direction Prefix
N
Street Name
Lakeshore
Street Suffix
Drive
Postal City
Lake City
County
Wabasha
State
MN
Zip Code
55041
Complex/Dev/Subdivision
Lake City

Assessments

Tax With Assessments
5892
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2112
Finished SqFt Below Ground
1000

More Information

Lake Details

Lake Acres
25215
Lake Depth
60

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
26x37
Garage Square Feet
962
Garage Door Opener
Yes
Gravel Lot
Yes
Other
Yes

Power Production

Annual Power Production Status
Estimated
Power Production Size
8
Power Production Type
Solar
Year Installed
2021

Public Survey Info

Range#
12
Section#
5
Township#
111

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
SECT-05 TWP-111 RANGE-012 LAKE CITY LOT-003 BLOCK-153 & ELY1/2 OF LOT 2 BLK 153
Listing City
Lake City
Map Page
999
Municipality
Lake City
School District
Lake City
School District Phone
651-345-2198
DNR Lake ID#
25000100
DNR Lake Classification
General Development
Zip Plus 4
1365
Property ID Number
R220112600
Tax Year
2026
Tax Amount
5892
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
This is your rare opportunity to own a beautifully updated modern lake house which combines energy-aware construction, quality finishes, flexible living spaces, with outstanding income potential. Even more impressive, it is the only home (less than ten years old) which is located just a few blocks from the downtown businesses, parks, marina, paths, waterfront attractions, and local restaurants offering a lifestyle that is nearly impossible to find in Lake City. Designed for comfortable everyday living and entertaining, 519 N Lakeshore Drive features stunning multi-level Lake Pepin views including the backdrop of Maiden Rock Bluff. It also boasts of multiple outdoor living spaces (two decks and a porch) and a versatile lower-level suite ideal for guests or can be used as a furnished vacation rental. The property has been registered as a short-term rental with the city, the Chamber of Commerce, Google/Airbnb and has a strong history as a successful STR property, creating an excellent opportunity for supplemental income. The open-concept kitchen showcases a large center island, custom backsplash, and the entire home is fitted with espresso soft-close Thomasville cabinetry. A spacious main-floor entry, convenient laundry/mud room area, and flexible den/office provide additional functionality, with the office easily serving as a main-floor bedroom if desired. Three of the five generously sized bedrooms capture beautiful lake views, soaring bald eagles, and abundant natural light. The kitchen and baths throughout the home have antique silver granite-style (black, silver and copper on a warm white backdrop). Outside, you'll find extensive deck space for relaxing and watching the water (sailboats, barges, cruise ships) and hundreds of migratory bird species, a screened front porch, mature perennial and pollinator gardens, a 3½-car garage, and ample off-street parking with room for an RV or a fishing boat—another rarity in this highly desirable area. With modern construction, lake views (but not lake front taxes), energy-efficient solar power, income-producing potential, and a walkable downtown location unlike any other newer home in Lake City, this property offers a truly exceptional and one-of-a-kind ownership opportunity.
Directions
From the Twin Cities - S. on State Hwy 61 to Lake City. Home is on right, one house off of the intersection of N. lakeshore Dr. and Jewell Street across from Gold Star Mothers Park. From Winona, take State Hwy 61 N. to Lake City - the intersection of N. Lakeshore Dr/Jewell St. Home is on the left.

Accessible

None
Yes

Air Conditioning

Central Air
Yes
Zoned
Yes

Amenities Unit

Cable
Yes
Ceiling Fan(s)
Yes
Ethernet Wired
Yes
Kitchen Center Island
Yes
Local Area Network
Yes
Main Floor Primary Bedroom
Yes
Panoramic View
Yes
Patio
Yes
Porch
Yes
Security Lights
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes
Other
Yes

Appliances

Cooktop
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Electronic Air Filter
Yes
Energy Star Appliances
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Basement

Full
Yes
Storage Space
Yes
Other
Yes

Bath Description

Main Floor 3/4 Bath
Yes
Upper Level 3/4 Bath
Yes
Full Basement
Yes

Construction Materials

Frame
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes
Informal Dining Room
Yes

Electric

200+ Amp Service
Yes
Circuit Breakers
Yes

Elevation Highpoint to Waterfront Slope

Gradual
Yes

Exterior

Engineered Wood
Yes

Family Room Characteristics

2 or More
Yes
2 Story/High/Vaulted Ceilings
Yes
Family Room
Yes
Great Room
Yes
Lower Level
Yes
Main Level
Yes

Fencing

Partial
Yes
Wood
Yes

Fireplace Characteristics

Gas Burning
Yes

Foundation

Poured Concrete
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Cable
Yes
DSL
Yes

Laundry

Laundry Closet
Yes
Main Level
Yes

Lock Box Type

Combo
Yes

Lot Description

Public Transit (w/in 6 blks)
Yes
Underground Utilities
Yes

Outbuildings

Additional Garage
Yes

Patio, Porch and Deck Features

Covered
Yes
Deck
Yes
Enclosed
Yes
Front Porch
Yes
Screened
Yes

Pool Description

None
Yes

Road Frontage

City Street
Yes
Highway
Yes
Paved Streets
Yes

Roof

Age Over 8 Years
Yes
Architectural Shingle
Yes
Metal
Yes

Second Unit

Easily Divided
Yes
Existing In-Law w/Bath
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

City Sewer - In Street
Yes

Special Search

3 BR on One Level
Yes
All Living Facilities on One Level
Yes
Main Floor Bedroom
Yes
Main Floor Laundry
Yes
Main Floor Primary
Yes

Stories

Two
Yes

Water

City Water - In Street
Yes

Waterfront Type

Lake View
Yes

Waterfront View

Panoramic
Yes

Room Information

Room Name Dimensions Level
Bar/Wet Bar Room 10x07 Upper
Bathroom 10x08 Main
Bathroom 09x09 Basement
Family Room 20x08 Basement
Fifth (5th) Bedroom 15x12 Basement
First (1st) Bedroom 13x11 Main
Fourth (4th) Bedroom 15x12 Upper
Great Room 16x10 Main
Kitchen 16x11 Main
Mud Room 06x06 Main
Second (2nd) Bedroom 13x12 Upper
Third (3rd) Bedroom 13x10 Upper
IDX
Listing Office: Lakes Sotheby's International Realty
Last Updated: June - 26 - 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.