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8728 N Bay Drive, Chanhassen, MN 55317

$450,000

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,924 Lot Size (sq. ft.): 3,049 Status: Active

Current Price: $450,000 List Date: 5/06/2026 Last Modified: 6/15/2026

Overview

Description

Welcome home to this exceptional detached townhome in the heart of Chanhassen, where low-maintenance living meets an incredible lakeside lifestyle. Enjoy private beach access to beautiful Lake Riley, complete with kayak rentals and the rare opportunity to secure one of three boat slips available through a community lottery. Spend your summers on the water and your evenings relaxing in your own peaceful retreat. Inside, this thoughtfully designed 3-bedroom, 2-bath home offers a spacious open-concept main level with soaring ceilings, luxury vinyl plank flooring, and a cozy gas fireplace that anchors the living area. The bright white kitchen features stainless steel appliances, abundant cabinetry, and seamless flow into the dining space — ideal for both everyday living and entertaining. Step out from the dining room onto the large, maintenance-free deck, the perfect setting for morning coffee, summer grilling, or gathering with friends. Upstairs, you’ll find two generously sized bedro ... (Read more)

Listing Details MLS# 7068627

General Property Information

Assoc Mgmt Co. Phone #: 612-381-8600
Association Fee Frequency: Monthly
Association Mgmt Co. Name: Cities Management
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Road Btwn WF & Home?: Yes
Waterfront YN: No
Year Built: 1998
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: Yes
Main Floor Total SqFt: 596
Above Grd Total SqFt: 1328
Below Grd Total SqFt: 596
Total SqFt: 1924
Total Finished Sqft: 1918.00
FireplaceYN: Yes
Lake/Waterfront Name: Riley
Style: (TH) Detached
Foundation Size: 1192
Association Fee: 230
Garage Stalls: 2
Lot Dimensions: Common
Acres: 0.07
Assessment Pending: No
Bath Half: 0
Bath Quarter: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Shared: Beach; Dock Amenities Unit: Deck; Kitchen Window; Vaulted Ceiling(s) Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Association Fee Includes: Beach Access; Dock; Lawn Care; Professional Mgmt; Sanitation; Shared Amenities; Snow Removal Assumable Loan: Not Assumable Basement: Egress Windows Bath Description: Upper Level Full Bath; 3/4 Basement Construction Status: Previously Owned Dining Room Description: Kitchen/Dining Room; Living/Dining Room Exterior: Brick/Stone; Vinyl Family Room Characteristics: Main Level Fencing: None Fireplace Characteristics: Gas Burning; Living Room Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Lot Description: Accessible Shoreline; Tree Coverage - Light Parking Characteristics: Garage Door Opener Road Frontage: Curbs; Paved Streets Road Responsibility: Association Maintained Road Roof: Architectural Shingle Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Three Level Split Townhouse Characteristics: Multi-Level Water: City Water/Connected

Contract Information

Contingency: Inspection
Original List Price: 450000
ListPrice: 450000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 8728
Street Direction Prefix: N
Street Name: Bay
Street Suffix: Drive
Postal City: Chanhassen
County: Carver
State: MN
Zip Code: 55317
Complex/Dev/Subdivision: North Bay 2nd Add

Assessments

Tax With Assessments: 4168
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1328
Finished SqFt Below Ground: 590

More Information

Lake Details

Lake Acres: 296
Lake Depth: 49

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 432
Garage Door Opener: Yes

Public Survey Info

Range#: 23
Section#: 13
Township#: 116

Office/Member Info

Association: SPAAR

Location, Tax and Other Information

AssocFeeYN: Yes
Legal Description: SUBDIVISIONNAME NORTH BAY 2ND ADDITION LOT 007 BLOCK 003 SUBDIVISIONCD 25554 SECTION 13 TOWNSHIP 116 RANGE 023
Listing City: Chanhassen
Map Page: 132
Municipality: Chanhassen
School District: Eastern Carver County Schools
School District Phone: 952-556-6100
DNR Lake ID#: 10000200
DNR Lake Classification: Recreational Development
Zip Plus 4: 7624
Property ID Number: 255540370
Tax Year: 2024
Tax Amount: 4168
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Welcome home to this exceptional detached townhome in the heart of Chanhassen, where low-maintenance living meets an incredible lakeside lifestyle. Enjoy private beach access to beautiful Lake Riley, complete with kayak rentals and the rare opportunity to secure one of three boat slips available through a community lottery. Spend your summers on the water and your evenings relaxing in your own peaceful retreat. Inside, this thoughtfully designed 3-bedroom, 2-bath home offers a spacious open-concept main level with soaring ceilings, luxury vinyl plank flooring, and a cozy gas fireplace that anchors the living area. The bright white kitchen features stainless steel appliances, abundant cabinetry, and seamless flow into the dining space — ideal for both everyday living and entertaining. Step out from the dining room onto the large, maintenance-free deck, the perfect setting for morning coffee, summer grilling, or gathering with friends. Upstairs, you’ll find two generously sized bedrooms and a full bathroom. The finished lower level expands your living space with a third bedroom, a ¾ bath, and an additional family room — perfect for movie nights, a play area, workout space, or home office. The large garage offers plenty of storage space along with durable, sleek epoxy flooring ideal for keeping everything organized while adding a polished finish. With private lake access, versatile living spaces, quality finishes, and true move-in-ready appeal, this home delivers comfort, convenience, and the best of Minnesota lake living all in a prime Chanhassen location. Your lake lifestyle starts here.
Directions: Lyman Blvd E to Lakeview N to North Bay Drive to home on left.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Shared

Beach: Yes
Dock: Yes

Amenities Unit

Deck: Yes
Kitchen Window: Yes
Vaulted Ceiling(s): Yes

Appliances

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

Association Fee Includes

Beach Access: Yes
Dock: Yes
Lawn Care: Yes
Professional Mgmt: Yes
Sanitation: Yes
Shared Amenities: Yes
Snow Removal: Yes

Assumable Loan

Not Assumable: Yes

Basement

Egress Windows: Yes

Bath Description

Upper Level Full Bath: Yes
3/4 Basement: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Kitchen/Dining Room: Yes
Living/Dining Room: Yes

Exterior

Brick/Stone: Yes
Vinyl: Yes

Family Room Characteristics

Main Level: Yes

Fencing

None: Yes

Fireplace Characteristics

Gas Burning: Yes
Living Room: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Lot Description

Accessible Shoreline: Yes
Tree Coverage - Light: Yes

Patio, Porch and Deck Features

Deck: Yes

Restriction/Covenants

Architecture Committee: Yes
Mandatory Owners Assoc: Yes
Pets - Cats Allowed: Yes
Pets - Dogs Allowed: Yes
Pets - Number Limit: Yes
Rental Restrictions May Apply: Yes

Road Frontage

Curbs: Yes
Paved Streets: Yes

Road Responsibility

Association Maintained Road: Yes

Roof

Architectural Shingle: Yes

Sellers Terms

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

Sewer

City Sewer/Connected: Yes

Stories

Three Level Split: Yes

Townhouse Characteristics

Multi-Level: Yes

Water

City Water/Connected: Yes

Room Information

Room Name	Dimensions	Level
Deck	20x12	Main
Dining Room	10x10	Main
Family Room	17x11	Lower
First (1st) Bedroom	19x12	Upper
Kitchen	12x10	Main
Living Room	17x14	Main
Second (2nd) Bedroom	14x11	Upper
Third (3rd) Bedroom	11x11	Lower

Listing Office: Edina Realty, Inc.

Last Updated: June - 15 - 2026

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