$1,599,900

16584 Klamath Terrace, Lakeville, MN 55044

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$1,599,900

16584 Klamath Terrace Lakeville, MN 55044 - Kingsley

For Sale MLS# 7082814

5 beds 4 baths 7,574 sq ft Single Family

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Data current as of 08/06/2026 16:38:09

Details for 16584 Klamath Terrace

MLS# 7082814

Description for 16584 Klamath Terrace, Lakeville, MN, 55044 - Kingsley


Lakefront living at its finest, this one-of-a-kind luxury home features stunning views from every room, an inviting pool, stone fire pit area, privacy, and soft modern architecture. It is both impressive and comfortable at the same time. Set on more than 3 acres with 329 feet of shoreline, this custom-built executive Tom Mihm home was originally designed as the builder’s personal residence — and it shows in the exceptional layout, quality craftsmanship, and incredible connection to the lake from nearly every room.With over 7,500 finished square feet, home highlights include a 2 story great room, high vaulted ceilings, expansive picture windows, kitchen island, four fireplaces, and incredible entertaining space.  Fresh interior and exterior paint, new hardwood and LVP flooring, a new roof, updated landscaping, and new concrete driveway and front porch add to the home’s refreshed appeal. Relaxation and enjoyment is amplified with the new whole house Sonos S2 sound system. Recently updated, the kitchen has a large center island and opens naturally into multiple living and dining spaces, including a renovated four-season porch with new mini-split that overlooks the pool and lake. Upstairs, the primary suite includes its own fireplace, elegant bath, and peaceful panoramic lake views. The walkout lower level was made for fun, featuring a media room with projector, retractable screen, Sonos sound, and a custom TV wall with three picture-in-picture TVs — perfect for game days, movie nights, or hosting friends and family. There's also a wet bar, pool table, space for the ping pong table, game table, and work-out room. Outside, there's a new hot tub, new firepit, new maintenance-free deck boards, and an awesome pool with slide, diving board, and plenty of patio space for sunbathing, making it easy to enjoy the property year-round.Additional features include a Jack and Jill bath connecting two upper-level bedrooms, a spacious main floor laundry room, and abundant lower-level storage space that is rarely found in lake homes of this size.Whether spending quiet mornings on the water, swimming and fishing off the shoreline, or taking the boat over to community favorite restaurant, The Chart House, for dinner or events, the lifestyle here is just as exceptional as the home itself. The lake is ideal for kayaking, canoeing, swimming, fishing, and small 10hp motorized boats, offering a quieter and more relaxed lake experience. Location is close to everything, but feels perfectly secluded in a friendly, upscale neighborhood. Come see for yourself all that this amazing home has to offer!

Listing Information


Property Type: Residential, Single Family

Status: Active

Bedrooms: 5

Bathrooms: 4

Lot Size: 3.13 Acres

Square Feet: 7,574 sq ft

Year Built: 1991

Foundation: 2,575 sq ft

Garage: Yes

Stories: 2 Stories

Subdivision: Kingsley Cove

County: Dakota

Days On Market: 10

Construction Status: Previously Owned

School Information


District: 194 - Lakeville

Room Information


Main Floor

Dining Room: 14x13

Family Room: 23x19

Four Season Porch: 20x11

Kitchen: 24x15

Living Room: 21x16

Office: 15x12

Upper Floor

Bedroom 1: 26x20

Bedroom 2: 17x11

Bedroom 3: 14x12

Lower Floor

Amusement Room: 24x24

Bedroom 4: 15x15

Bedroom 5: 14x13

Billiard Room: 16x13

Media Room: 18x16

Bathrooms

Full Baths: 2

3/4 Baths: 1

1/2 Baths: 1

Additonal Room Information

Family: 2 or More,2 Story/High/Vaulted Ceilings,Entertainment/Media Center,Family Room,Great Room,Lower Level,Main Level

Dining: Breakfast Area,Separate/Formal Dining Room

Laundry: Laundry Room, Main Level

Bath Description: Double Sink,3/4 Basement,Full Jack & Jill,Full Primary,Jetted Tub,Main Floor 1/2 Bath,Private Primary,Separate Tub & Shower,Upper Level Full Bath

Interior Features


Square Footage above: 5,009 sq ft

Square Footage below: 2,565 sq ft

Appliances: Water Filtration System, Stainless Steel Appliances, Refrigerator, Microwave, Wall Oven, Washer, Water Softener - Owned, Central Vacuum, Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan/Hood

Basement: Drain Tiled, Full, Finished (Livable), Kitchenette, Daylight/Lookout Windows, Walkout

Fireplaces: 4, Amusement Room, Gas Burning, Living Room, Primary Bedroom

Additional Interior Features: Kitchen Window, Hardwood Floors, Natural Woodwork, Security System, Wet Bar, Kitchen Center Island, French Doors, Vaulted Ceiling(s), Walk-In Closet, Tile Floors, Primary Bdr Suite, 3 BR on One Level, Main Floor Laundry

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Cooling: Central

Heating: Natural Gas, Fireplace, Forced Air

Exterior / Lot Features


Attached Garage: Attached Garage

Garage Spaces: 3

Parking Description: Driveway - Concrete, Heated Garage, Insulated Garage, Attached Garage, Finished Garage, Garage Dimensions - 31x45, Garage Sq Ft - 1000.

Exterior: Stucco

Roof: Architectural Shingle, Asphalt Shingles, Age 8 Years or Less

Pool: Heated, Below Ground, Outdoor

Lot View: Lake,Panoramic

Lot Dimensions: 442x45x431x522

Zoning: Residential-Single Family

Additional Exterior/Lot Features: Porch, Panoramic View, Patio, Hot Tub, Deck, Dock, Accessible Shoreline, In-Ground Sprinkler, Road Frontage - Storm Sewer, Paved Streets, Cul De Sac, City

Waterfront Details


Boat Facilities: Boat Facilities

Standard Water Body: Kingsley

DNR Lake ID: 19003000

Water Front Features: Lake Front

Water Frontage Length: 275 Ft.

Lake Acres: 75

Lake Bottom: Reeds,Sand,Soft

Waterfront Slope: Gradual

Driving Directions


From 35W, take Exit 86 for Cty Rd 46 - go West. Continue on 162nd St W. Take Klamath Trail to Klamath Terrace to home at the end of the cul-de-sac.

Financial Considerations


Tax/Property ID: 224186001060

Tax Amount: 14746

Tax Year: 2026

HomeStead Description: Homesteaded

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

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