Prior Lake Homes under $400,000

Welcome to Prior Lake, Minnesota – a charming lakeside community nestled in the heart of Scott County. Known for its picturesque landscapes and friendly atmosphere, Prior Lake offers residents a unique blend of small-town charm and modern conveniences. With its stunning lake views, abundant parks, and vibrant local culture, this city is perfect for families, outdoor enthusiasts, and anyone looking to enjoy a serene lifestyle just a short drive from the Twin Cities.

For those seeking affordable housing options, Prior Lake has a fantastic selection of homes priced under $400,000. Whether you’re a first-time homebuyer, looking to downsize, or searching for a family-friendly abode, you’ll find a diverse array of properties that cater to various tastes and needs. From cozy single-family homes to spacious townhouses, there’s something for everyone in this welcoming community.

The real estate market in Prior Lake is thriving, with homes featuring modern amenities, beautiful backyards, and proximity to excellent schools and recreational facilities. Imagine waking up to the gentle sounds of nature, taking a stroll along the scenic shores of Prior Lake, or enjoying a weekend at one of the many local parks. With a strong sense of community and an abundance of outdoor activities, this city is an ideal place to call home.

Explore the opportunities that Prior Lake has to offer, and discover why so many families are choosing to make this vibrant city their home. With homes under $400,000, your dream of owning a piece of this beautiful lakeside paradise is closer than ever!

Newest Prior Lake Homes under $400,000

$360,000

3 Beds ⋅ 2 Baths ⋅ 7154792 MLS

Full Photos to follow Tuesday 10/6, with showings beginning Thursday 10/8. Charming 3-bedroom, 2-bath split-level home offering the perfect blend of comfort, space, and outdoor enjoyment! Inside, you'll find an open and airy floor plan filled with natural light, hardwood flooring, and living areas ideal for everyday living and entertaining. The fully fenced backyard is a true highlight and plenty of space to enjoy the outdoors. Complete with a 2-car attached garage and located close to parks, schools, and local amenities, this move-in-ready home is one you won't want to miss!

4189 Pleasant Street SE, Prior Lake

Listing courtesy of National Realty Guild.

$375,000

3 Beds ⋅ 3 Baths ⋅ 7144643 MLS

15469 Fish Point Road - tons of character and updates throughout! The kitchen features stainless steel appliances, painted cabinetry, subway tile and butcher block countertops. All 3 bedrooms are upstairs and feature a unique bath combination for multiple users. The finished lower level adds another living space, an updated bathroom, laundry, and a cedar sauna. Outside you have a large deck, a wooded backyard, established gardens, boulder landscaping and a fire pit. Cedar siding. Brick accents. Vaulted ceilings. Maple hardwood floors. A full height bay window. Wood detailing. Mature trees. 3 Bedrooms | 2.5 Bathrooms | 2+ Car Garage + Additional Parking on large concrete driveway. All centrally located in Prior Lake, near paths, schools, shopping, and commute routes.

15469 Fish Point Road SE, Prior Lake

Listing courtesy of RE/MAX Preferred.

$349,900

3 Beds ⋅ 2 Baths ⋅ 7153884 MLS

Charming 3BD/2BA rambler set on a spacious half-acre lot in Prior Lake! This well-maintained home offers two bedrooms on the main level plus a third down, giving you flexible living options for family, guests, or a home office. The open kitchen flows into a comfortable living area, while a cozy knotty-pine sunroom adds warmth and character, perfect for morning coffee or unwinding after a long day. Downstairs, the finished lower level includes an updated bathroom and a versatile flex room ready to become a home gym, office, or playroom. Outside, enjoy an expansive backyard with a patio for entertaining, an attached 2-car garage, and a large storage shed offering extra room for tools, toys, or hobbies. With privacy, space, and flexibility throughout, this is a rare find. Move-in ready and waiting for you!

17181 Panama Avenue, Prior Lake

Listing courtesy of Coldwell Banker Realty.

$389,900

4 Beds ⋅ 3 Baths ⋅ 7152466 MLS

Beautifully updated 4 bedroom END UNIT townhome in the heart of Prior Lake. All the major appliances and mechanicals have been updated for you. This townhome has soaring 2 story vaulted ceilings in the great room, with an open floorplan that includes your informal dining room, kitchen and deck areas all on the main level. The upper level has three large bedrooms, a spacious primary suite with a gorgeous updated en suite bathroom, another updated full bath and loft. The lower level walks out to a private patio and has another family room, bedroom, storage area and is roughed in for an additional bath. You will enjoy close proximity to downtown shopping and restaurants, The Wilds Golf Club, Mystic Lake Casino, and walking paths to Spring Lake Regional Park and Three Rivers Park. Wonderful cul-de-sac location on a quiet street within Glynwater West.

15567 Brookside Lane NW, Prior Lake

Listing courtesy of Re/Max Advantage Plus.

$399,000

4 Beds ⋅ 2 Baths ⋅ 7151267 MLS

Welcome to this spacious split-level home perched on a hill in a quiet cul-de-sac within the Prior Lake school district. Kitchen has granite countertops and stainless steel appliances and there is plenty of space to add an island or rolling prep table to create even more counter space. The kitchen opens to a generous main living area featuring a decorative wood-accent ceiling. Three bedrooms and a full updated bathroom are conveniently located on the upper level, while the lower level offers a fourth bedroom, another updated bathroom (3/4), and two adjoining living spaces with plenty of flexibility for a family room, recreation area, or home office. From the kitchen area, sliding patio doors lead to steps down to the large, level, fully fenced backyard, complete with a storage shed and plenty of room to play, garden, or entertain. Clean and move-in ready, this home also offers opportunities to make it your own with a future deck or lower-level wet bar. Kitchen appliances are approximately four years old, and the washer and dryer are newer. Don’t miss this opportunity to own a solid home in the Prior Lake school district for under $400,000!

16980 Blind Lake Trail SE, Prior Lake

Listing courtesy of RE/MAX Results.

$379,900

3 Beds ⋅ 2 Baths ⋅ 7152016 MLS

A double lot, three garage spaces, and Prior Lake within walking distance. At 16282 West Avenue SE, mature trees shade a generous yard with fruit trees, grapevines, and room to garden or entertain. A one-car attached garage handles everyday parking, while the heated 24-by-26-foot detached garage offers space for a workshop, vehicles, or a space to store all of your toys. An outdoor shed adds room for tools, and storage on both the upper and lower levels helps keep everything else organized. Inside, a bright living room leads to a dining area with glass-front corner built-ins. The kitchen offers ample cabinetry and opens to a backyard patio, while the lower-level recreation room has a bar area and space to entertain. Spend the day in the garden or workshop, then head out on foot to Prior Lake, Lakefront Park, or nearby dining and entertainment. This well-maintained home gives you room to enjoy both what’s at home and what’s just down the street.

16282 West Avenue SE, Prior Lake

Listing courtesy of RE/MAX Results.

$379,900

3 Beds ⋅ 2 Baths ⋅ 7150399 MLS

Welcome to a home full of warmth, character, and easy one-level living! This custom-built, three-bedroom, two-bath rambler offers a versatile layout with vaulted, wood-beamed ceilings and a striking two-sided Chicago brick gas fireplace that brings a cozy feel to the living spaces. The open living and dining area makes gathering easy, while the inviting hearth room off the kitchen offers space for dining, relaxing, or a second sitting area. The kitchen features brushed granite countertops, appliances and a garbage disposal updated in 2023, and generous cabinet storage. A wall of east-facing windows, a long built-in bench, and access to the patio create a welcoming connection to the outdoors. Enjoy the spacious, fenced backyard backing to green space, with room to garden, gather around the firepit, or simply unwind. Thoughtful improvements include a natural gas boiler installed in 2021, a water heater replaced in December 2021, updated flooring in the living room and back bedroom, front picture and kitchen windows replaced in September 2025, a new chimney in 2024, and a new shed in 2025. A water softener was installed in 2026, and a mini-split is planned for the third bedroom before closing. Main-level laundry and an oversized two-car garage add everyday convenience. With its distinctive character and comfortable spaces, this Prior Lake home is a lovely alternative to townhome living!

16497 Franklin Trail SE, Prior Lake

Listing courtesy of RE/MAX Advantage Plus.

$325,000

4 Beds ⋅ 3 Baths ⋅ 7150635 MLS

7510 Hampton Lane, Prior Lake

Listing courtesy of USA Dream Home Realty Inc.

$379,000

3 Beds ⋅ 3 Baths ⋅ 7148910 MLS

Welcome to this beautifully maintained end-unit townhome, where thoughtful updates and inviting spaces come together in a bright, welcoming setting. The open main level features a spacious kitchen with quartz countertops, updated tile backsplash, soft-close cabinetry and drawers, brushed slate stainless steel appliances, and a gas range. Large windows bring abundant natural light into the living room, where a cozy gas fireplace creates a warm gathering space. A surround sound stereo system adds to the entertainment experience. Step outside to the impressive 20x10 patio, offering a wonderful outdoor space for morning coffee, grilling, entertaining or relaxing at the end of the day. The patio overlooks a natural setting with wildflowers and wooded surroundings, creating a peaceful backdrop. An upgraded electrical setup is in place for a future hot tub installation. Upstairs, you'll find three bedrooms, a generous loft and conveniently located laundry. A brand-new LG front-load washer and dryer have never been used and are ready for their first load. The spacious primary bedroom features a stylish geometric accent wall and a walk-in closet with a custom organizer system and under-cabinet lighting. A secondary bedroom also offers a walk-in closet with a custom organizer system and under-cabinet lighting. The fully finished garage is insulated and heated and features durable epoxy flooring. With abundant natural light, thoughtful upgrades and inviting indoor and outdoor spaces, this end-unit home offers comfort, functionality and plenty of room to enjoy. Mortgage savings may be available for buyers of this listing.

5840 Moonlight Way NE, Prior Lake

Listing courtesy of Redfin Corporation.

$325,000

3 Beds ⋅ 3 Baths ⋅ 7140945 MLS

Super clean and easy to show, spacious and updated 3BR townhome with soaring ceilings, deck with views of wooded lot. Luxury vinyl plank flooring in foyer, kitchen, dining and living rooms. Silouette blinds on large custom living room window. Dining has patio door to deck for morning coffee or grilling with friends. Center island has raised counter for barstool seating. Stainless steel appliances and great counter space. Upper bedrooms with new carpet, primary BR with private 3/4 bath and walk-in closet. Upper level also has full bath. Lower level with BR, 3/4 bath and family room with a walk-out patio door. Quiet area, great highway access, close to schools and shopping. Don't miss this one!

14252 Parkview Lane NW, Prior Lake

Listing courtesy of RE/MAX Preferred.

$374,900

3 Beds ⋅ 1 Baths ⋅ 7147057 MLS

Incredible location just steps from Lower Prior Lake with deeded lake access! This updated 3-bedroom, 1-bath rambler offers comfortable one-level living in a setting that's hard to beat. Hardwood floors flow throughout the kitchen and living room, while all three bedrooms feature new carpet. The updated kitchen includes a new backsplash and an oversized window above the sink that fills the space with natural light. Step outside to enjoy the private backyard surrounded by mature trees, a spacious deck with a built-in grill, and the added privacy of backing to Heatherton Ridge Park. Ideally located near both Lower and Upper Prior Lake, with easy access to miles of trails, parks, shopping, dining, and more. A wonderful opportunity to enjoy the Prior Lake lifestyle with lake access right outside your door!

14393 Watersedge Trail NE, Prior Lake

Listing courtesy of Re/Max Advantage Plus.

$355,000

4 Beds ⋅ 2 Baths ⋅ 7142860 MLS

Enjoy the space to spread out in this Prior Lake home, set on a generously sized and nicely landscaped lot. Inside, large windows fill the home with natural light, while updated flooring and fresh paint create a bright, updated feel throughout. Two bedrooms are located on the main level, with two more in the finished lower level along with a large family room for additional everyday living space. Out back, the deck steps down to a concrete patio, giving you two levels of outdoor space to use and enjoy. A second concrete patio at the front of the home adds another inviting spot to relax. The attached garage offers added storage space, and a separate storage shed provides even more room for tools, lawn equipment, and seasonal items. With four bedrooms, a finished lower level, and plenty of usable space inside and out, this home gives you room to settle in and make it your own.

5512 Woodside Road SE, Prior Lake

Listing courtesy of Kris Lindahl Real Estate.

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