$859,000

24391 Panama Avenue, Cedar Lake Twp, MN 55020

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$859,000

(10,000) 05/28/2026

24391 Panama Avenue Cedar Lake Twp, MN 55020

For Sale MLS# 7056183

5 beds 3 baths 2,489 sq ft Single Family

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Data current as of 07/06/2026 09:12:12

Details for 24391 Panama Avenue

MLS# 7056183

Description for 24391 Panama Avenue, Cedar Lake Twp, MN, 55020


Prepare for a complete lifestyle change as you experience unmatched privacy and natural beauty on this stunning 10-acre estate. Your journey begins off a tar road and winds through a picturesque, tree-lined gravel drive—setting the tone for the peaceful retreat that awaits. Tucked among mature trees and overlooking a scenic pond, this property offers daily encounters with wildlife, from waterfowl on the water to deer and turkey at sunrise, all enjoyed from panoramic kitchen views. Evenings bring unforgettable western sunsets, casting a warm glow across your semi-private pond.No expense has been spared in the home’s extensive updates. The exterior showcases premium James Hardie siding, engineered shakes and trim, a new roof, upgraded exterior doors, and all-new high-end Andersen windows. Inside, you’ll find solid paneled hardwood doors, rich oak trim, new carpet in most rooms, and beautifully updated bathrooms throughout.The bright, welcoming kitchen features granite countertops and stainless steel appliances and flows seamlessly into the home’s functional layout. The upper level offers a spacious primary suite with a walk-in closet, vanity area, and a stunningly updated ensuite bath, along with two additional bedrooms and a fully updated full bathroom.The walk-out lower level is ideal for entertaining, complete with a large family room and gaming area, two additional bedrooms, and a beautifully finished ¾ bath with a tiled walk-in shower.The fully finished 36x54 heated and insulated steel outbuilding, complete with concrete floors and a separate electrical panel, provides exceptional space for a workshop, storage, or hobbies.Located in the highly sought-after New Prague School District, this property blends refined updates with peaceful country living—an exceptional opportunity to own your own private retreat that doesn't come up often!

Listing Information


Property Type: Residential, Single Family

Status: Active

Bedrooms: 5

Bathrooms: 3

Lot Size: 10.13 Acres

Square Feet: 2,489 sq ft

Year Built: 1992

Foundation: 1,353 sq ft

Garage: Yes

Stories: Split Entry (Bi-Level)

County: Scott

Days On Market: 46

Construction Status: Previously Owned

School Information


District: 721 - New Prague Area Schools

Room Information


Main Floor

Foyer: 8x11

Upper Floor

Bedroom 1: 17x14

Bedroom 2: 12x11

Bedroom 3: 11x10

Dining Room: 12x10

Kitchen: 20x15

Living Room: 20x15

Lower Floor

Bedroom 4: 13x14

Bedroom 5: 16x11

Recreation Room: 12x24

Utility Room: 15x11

Bathrooms

Full Baths: 1

3/4 Baths: 2

Additonal Room Information

Other: Workshop (36x54)

Family: 2 or More,2 Story/High/Vaulted Ceilings,Family Room,Lower Level,Main Level

Dining: Eat In Kitchen,Kitchen/Dining Room,Living/Dining Room

Laundry: Washer Hookup, Electric Dryer Hookup, Lower Level, Sink

Bath Description: 3/4 Basement,3/4 Primary,Bathroom Ensuite,Private Primary,Upper Level 3/4 Bath,Upper Level Full Bath,Walk-In Shower Stall

Interior Features


Square Footage above: 1,353 sq ft

Square Footage below: 1,136 sq ft

Appliances: Stainless Steel Appliances, Tankless Water Heater, Water Softener - Owned, Water Filtration System, Gas Water Heater, Microwave, Range, Refrigerator, Dryer, Dishwasher, Washer

Basement: Full, Egress Windows, Walkout, Finished (Livable), Concrete Block, Storage Space, Tile Shower

Additional Interior Features: Exercise Room, Walk-In Closet, Vaulted Ceiling(s), Hardwood Floors, Washer/Dryer Hookup, Natural Woodwork, Ceiling Fan(s), Kitchen Window, Cable, Paneled Doors, Primary Bdr Suite, Tile Floors, 3 BR on One Level, Divided Bdr Flr Plan

Utilities


Water: Private, Well

Sewer: Mound, Tank with Drainage Field, Private, Septic System Compliant - Yes

Cooling: Central

Heating: Natural Gas, Propane, Forced Air

Exterior / Lot Features


Attached Garage: Attached Garage

Garage Spaces: 6

Parking Description: Attached Garage, Driveway - Gravel, Detached Garage, Insulated Garage, Heated Garage, Garage Door Opener, Electric, Multiple Garages, Finished Garage, Garage Dimensions - 22x22, Garage Sq Ft - 484.0

Exterior: Shakes, Cement Board, Engineered Wood

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

Lot View: West

Lot Dimensions: 1283x344

Zoning: Residential-Single Family

Additional Exterior/Lot Features: Panoramic View, Porch, Patio, Tree Coverage - Heavy, Road Frontage - County

Out Buildings: Garage(s), Shed - Machine, Shed - Storage

Waterfront Details


Water Front Features: Pond

Driving Directions


Panama Ave North from 280th (MN-19)to shared driveway on right.Panama Ave South from 220th (CR-8) to shared driveway on left.

Financial Considerations


Tax/Property ID: 039140074

Tax Amount: 3612

Tax Year: 2025

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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Schools nearby 24391 Panama Avenue

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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.

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.

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