19 days on rocket

700 Central Point Rd, Lake City, MN, 55041

$1,500,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath
2,644 SqFt
$567/SqFt
House

Location

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700 Central Point Rd, Lake City$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Electric, Garage Door Opener, Heated Garage, Insulated Garage, RV Access/Parking, Storage
Attached Garage2 spaces
Year Built2021
HeatingDuctless, Forced Air, Fireplace(s), Humidity Control
CoolingCentral Air, Ductless
BasementYes
WaterfrontDock, Lake Front, Lake, River Front, River View
FireplaceCirculating, Gas, Living Room
ViewCity Lights, Lake, Panoramic, River
MLS #6617858
StatusActive

About 700 Central Point Rd

Exquisite Beachfront Lake Home on Lake Pepin! Enjoy your own dream lakefront retreat with this stunning, custom-built home on the shores of Lake Pepin along the Mississippi River. This home was completed in 2021. Situated in beautiful Lake City, this timeless 3-bedroom, 3-bathroom home offers spectacular views of the lake, river, and surrounding bluffs. Direct access to all is provided by your own private 70 ft of sandy beach. This meticulously designed property boasts an open floor plan with large stunning windows throughout, allowing for abundant natural light and breathtaking scenic views. One highlight is the three glass garage doors facing the lake that open up into a spacious patio facing the lake—perfect for entertaining! The property also includes two additional garage doors providing access along a private drive and some additional parking. Every detail of this home speaks to modern luxury: from the high-end furniture and fixtures to the granite countertops, custom cabinetry, and high-end appliances. The property is fully furnished and move-in ready with beautiful flooring, elegant lighting, and a home stereo system with surround sound, making it the perfect space for relaxation or hosting guests. On your beach, you’ll find your own private first-class custom dock system, complete with solar-powered lights and a 7,000 lb. capacity boatlift. Whether you’re watching the sunrise over the lake, admiring the passing boats, fishing off your own dock, or enjoying the abundant wildlife, this home offers a unique connection to nature all year round; eagles, pelicans and miscellaneous birds as well as summer and winter fishing! In the winter, cozy up and enjoy the beauty and serenity of the quiet lake. This one-of-a-kind lakefront property offers unparalleled gorgeous views and amenities. Don’t miss out on the chance to call this elegant beachfront home yours!

Property Details

Property Features

Property Information:

  • Year Built: 2021
  • Living Area: 2,644 SqFt

Listing Office:

  • Office Name: Lakeshore Real Estate Krage & Associates, LLC.

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Double Oven, Dryer, ENERGY STAR Qualified Appliances, Humidifier, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Oven, Washer, Water Softener, Wine Cooler
  • Basement: Yes
  • Fireplace: Circulating, Gas, Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Dock, Lake Front, Lake, River Front, River View
  • View: City Lights, Lake, Panoramic, River

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Electric, Garage Door Opener, Heated Garage, Insulated Garage, RV Access/Parking, Storage

Virtual/3D Tour

  • Virtual Tour: 700 Central Point Rd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Some Trees

Utilities

Utilities Information:

  • Heating: Ductless, Forced Air, Fireplace(s), Humidity Control
  • Cooling: Central Air, Ductless

School Info

Assigned Schools Information:

  • Lincoln Secondary School, Public District Grades 7-12
  • Bluff View Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: Hwy 61 to Lake City, turn on Central Point Rd by Kelly's Lake House & the Willows., private drive to the house, next to the condo association's brown fence on the right side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $567/SqFt

Tax Information:

  • Annual Amount: $3,580
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lake City, MN.

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Lake City, MN

City

Med. Sold Price

$307K

Med. Price/SqFt

$173

Avg. Days On Market

49

# of Sold Homes

12

700 Central Point Rd vs Lake City

19 DAYS ON ROCKET

-30 Days

$1,500,000

+$1.1M More

$567/SqFt

+$393 More

KEY TAKEAWAY

This property is $1.1M more than the Median Sold Price and $393/SqFt more than other homes in Lake City, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6617858

Listing Office:

  • Office Name: Lakeshore Real Estate Krage & Associates, LLC.

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Last updated on: 11/4/2024, 11:52:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 09, 2021Home Sold
$83,324

Tax History

YEARPROP. TAXASSESSMENT
2021$3,580$248,200
2020$3,620$248,200
2018$3,762$247,800
2017$3,756$247,000

History based on county public records data.

Payment Calculator

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1935293
6
/10

  • Bluff View Elementary School

  • 1156 W Lakewood Ave

  • 2.04 miles

  • Public District Grades PK-6

High School

school-card-donut-1935294
6
/10

  • Lincoln Secondary School

  • 300 S Garden St

  • 1.69 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,430. The majority of Lake City, MN residents have income between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 700 Central Point Rd

What is the listing price of this property?

The listing price of 700 Central Point Rd property is $1,500,000.

What type of property is this?

The property 700 Central Point Rd is a house located in Lake City, Minnesota, 55041.

Is this property for sale now?

Active Listing: 700 Central Point Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 700 Central Point Rd are:
Bluff View Elementary School: GreatSchools Rating 6/10
Lincoln Secondary School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,580 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 9, 2021 for $83,324. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 700 Central Point Rd has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 700 Central Point Rd is 2,644 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 700 Central Point Rd is 2021.

Rocket Homes›Minnesota›Wabasha County›Lake City›55041›700 Central Point Rd

This home is located at 700 Central Point Rd in Lake City, MN and zip code 55041. This 2,644 square foot home was built in 2021. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 16, 2024 and is currently priced at $1,500,000.

In October 2024, from all listings sold in Lake City, MN there were more than 1 sold above asking price, over 8 sold below and more than 3 were sold right at the asked price. The number of homes for sale in Lake City, MN increased by 14.6% between September 2024 and October 2024. The median list price of listings available in October 2024 was $307,000, while the average time on the real estate market was 49 days.

From Rocket Homes Real Estate and based on county public records data.

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