$850,000
20 Lake Avenue Madison Lake, MN 56063 - Madison Lake
For Sale MLS# 6816426
5 beds 6 baths 4,158 sq ft Single Family
Details for 20 Lake Avenue
MLS# 6816426
Description for 20 Lake Avenue, Madison Lake, MN, 56063 - Madison Lake
RARE LAKE GEM! Prime Location & Amazing Value on Sought-After Madison Lake. Welcome to your dream home on Lake Avenue! This expansive, custom-built residence offers a rare combination of space, luxury, and prime location in the desirable Madison Lake area. Designed for the large family or the enthusiastic host, this home truly stands out in the neighborhood. The Highlights: Over 90 Feet of Surveyed Lakeshore! The water is calling! 88' of Hewitt Roll-a-dock with bench included. Lakeshore Improvement READY for Spring: Don't wait for permits! A full lakeshore update permit has already been pulled for next Spring. The property was recently surveyed by ISG (Summer 2025) for a clear, worry-free closing. 5 Bedrooms 6 Bathrooms (3 Full, 3 Three-Quarter) 4,192 Square Feet of spacious living area 0.61 Acre Lot 2-Car Detached Garage 1-Car Detached Garage Built in 1994 A Home Designed for Entertainment and Comfort: Step inside and discover the grandeur of 14 total rooms, ready to accommodate every facet of your life. The heart of the home is centered around comfort, featuring two cozy fireplaces—one in the main living room for gatherings and a private one in the Master Suite for a luxurious retreat. The enormous square footage ensures no one is left wanting for space. The basement is designed for functionality and fun, boasting a finished lower-level family room , along with a full, partially finished area, egress windows, and ample storage space. Premium Features & Mechanics: This home is move-in ready with modern comforts, including Central Air and Forced Air Heating fueled by Natural Gas. The kitchen is equipped with a full suite of essential appliances: Cooktop, Wall Oven, Refrigerator, Dishwasher, Microwave, and an Exhaust Fan/Hood.
Listing Information
Property Type: Residential, Single Family
Status: Active
Bedrooms: 5
Bathrooms: 6
Lot Size: 0.61 Acres
Square Feet: 4,158 sq ft
Year Built: 1994
Foundation: 1,386 sq ft
Garage: Yes
Stories: 2 Stories
County: Blue Earth
Days On Market: 110
Construction Status: Previously Owned
School Information
District: 77 - Mankato
Room Information
Main Floor
Bedroom 1: 13x8
Dining Room: 14x12
Kitchen: 27x11
Laundry: 7x7
Living Room: 32x12
Three Season Porch: 19x14
Upper Floor
Bedroom 2: 22x13
Bedroom 3: 12x11
Bedroom 4: 15x11
Walk-In Closet: 12x10
Lower Floor
Bedroom 5: 9x8
Family Room: 31x19
Utility Room: 39x11
Bathrooms
Full Baths: 3
3/4 Baths: 3
Additonal Room Information
Other: Pantry (Walk-In) (4x6)
Family: Lower Level,Main Level
Dining: Informal Dining Room,Kitchen/Dining Room
Bath Description: 3/4 Basement,Full Primary,Main Floor 3/4 Bath,Main Floor Full Bath,Private Primary,Upper Level 3/4 Bath,Upper Level Full Bath
Interior Features
Square Footage above: 2,772 sq ft
Square Footage below: 1,386 sq ft
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan/Hood, Microwave, Range, Refrigerator, Wall Oven, Washer, Water Softener - Owned
Basement: Full
Fireplaces: 2, Gas Burning, Living Room, Primary Bedroom
Accessibility: Grab Bars In Bathroom
Additional Interior Features: Ceiling Fan(s), Washer/Dryer Hookup, Security System, Kitchen Window, Hardwood Floors, Main Floor Laundry, Main Floor Bedroom, Wet Bar, Kitchen Center Island, Paneled Doors, Tile Floors
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Cooling: Central
Heating: Forced Air, Natural Gas
Exterior / Lot Features
Garage Spaces: 2
Parking Description: Storage, Garage Door Opener, Heated Garage, Insulated Garage, Driveway - Asphalt, Driveway - Concrete, Detached Garage, Garage Sq Ft - 691.0
Exterior: Metal
Roof: Age Over 8 Years, Asphalt Shingles
Lot View: Bay,Lake
Lot Dimensions: 280x80
Zoning: Residential-Single Family
Additional Exterior/Lot Features: Porch, Boat Slip, Dock, Accessible Shoreline, Road Frontage - City
Out Buildings: Garage(s), Workshop
Waterfront Details
Boat Facilities: Boat Facilities
Standard Water Body: Madison Lake
DNR Lake ID: 07000200
Water Front Features: Lake Front
Water Frontage Length: 90 Ft.
Lake Acres: 114
Lake Bottom: Sand
Road Between Waterfront And Home: 1
Waterfront Slope: Steep
Driving Directions
Property can be entered from the north on Hwy 60 or from the south on Lake Ave. The driveway does go conveniently through the property.
Financial Considerations
Tax/Property ID: R140535301019
Tax Amount: 10426
Tax Year: 2025
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Savvy Avenue, LLC
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
Payment Calculator
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 & Tax Summary for 20 Lake Avenue
Sales History
| Date | Price | |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 20 Lake Avenue
| Schools in attendance boundaries | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
| Schools nearby | Grades | Distance | Rating |
|---|---|---|---|
| Loading... | |||
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.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
Coming soon properties will soon be on the market, but are not yet available for showings.