1321 Lake Drive W #227 Chanhassen, MN 55317
For Sale MLS# 6636314
1 beds 1 baths 763 sq ft Condo
Details for 1321 Lake Drive W #227
MLS# 6636314
Description for 1321 Lake Drive W #227, Chanhassen, MN, 55317
HOA fee reduced to $524/month beginning in 1/1/2025! Welcome to Powers Ridge Condominiums! This beautiful one-bedroom, one-bathroom condo boasts an open and inviting floor plan, designed for both comfort and functionality. With its southwest-facing orientation, the unit is filled with natural light, helping to keep heating costs low while creating a warm and welcoming atmosphere. The condo is part of a vibrant community offering fantastic amenities, including a well-maintained pool, hot tub, splash pad, exercise room, community room, business center, and clubhouse—perfect for staying active and connected year-round. A heated garage ensures you’ll spend less time in the cold during the winter months.Located steps from Lake Susan, with trail access right under Powers Boulevard, the property is also conveniently close to shopping, restaurants, and the library. Best of all, rentals are allowed, making this an excellent investment opportunity. A property management contract is already in place, offering a seamless entry into real estate investing. Whether you're looking for a cozy home or your next investment, this condo checks all the boxes. A quick close is possible—don’t miss out!
Listing Information
Property Type: Residential, Low Rise (3- Levels)
Status: Active
Bedrooms: 1
Bathrooms: 1
Lot Size: 0.02 Acres
Square Feet: 763 sq ft
Year Built: 2001
Foundation: 763 sq ft
Garage: Yes
Stories: 1 Story
Property Attached: Yes
Subdivision: Powers Ridge Condo Homes
County: Carver
Days On Market: 31
Construction Status: Previously Owned
School Information
District: 112 - Eastern Carver County Schools
Room Information
Main Floor
Bedroom 1: 14x10
Deck:
Dining Room: 11x10
Kitchen: 13x9
Living Room: 14x14
Bathrooms
Full Baths: 1
Additonal Room Information
Dining: Breakfast Bar,Living/Dining Room
Interior Features
Square Footage above: 763 sq ft
Appliances: Range, Refrigerator, Microwave, Dishwasher, Dryer, Washer
Accessibility: Elevator, Doors 36+, Hallways 42+
Additional Interior Features: Ceiling Fan(s), Indoor Sprinklers, Main Floor Laundry, Washer/Dryer Hookup, Cable, Paneled Doors, Main Floor Primary, All Living Facilities on One Level, Main Floor Bedroom
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Cooling: Central
Heating: Natural Gas, Forced Air
Exterior / Lot Features
Garage Spaces: 1
Parking Description: Storage, Paved Lot, Heated Garage, Assigned, Underground Garage, Secured
Exterior: Vinyl, Brick/Stone
Pool: Heated, Indoor, Shared
Lot Dimensions: common
Zoning: Residential-Multi-Family
Additional Exterior/Lot Features: Deck
Community Features
Security Features: Security Building
Association Amenities: Deck, Elevator(s), Fire Sprinkler System, In-Ground Sprinkler System, Hot Tub
HOA Dues Include: Security System, Shared Amenities, Snow Removal, Outside Maintenance, Professional Mgmt, Lawn Care, Hazard Insurance, Building Exterior
Pets Allowed: Yes
Homeowners Association: Yes
Association Name: FirstService Residential
HOA Dues: $524 / Monthly
Driving Directions
Hwy 212 to north on Powers Blvd or Hwy 5 to south on Powers Blvd. to west on Lake Dr. W. to Powers Ridge entrance on south side of road.
Financial Considerations
Covenants/Deed Restrictions: Mandatory Owners Assoc, Pets - Cats Allowed
Tax/Property ID: 256350267
Tax Amount: 1880
Tax Year: 2024
HomeStead Description: Non-Homesteaded
Price Changes
| Date | Price | Change |
|---|---|---|
| 12/09/2024 04.51 PM | $159,000 | -$5,000 |
| 12/02/2024 03.14 PM | $164,000 |
A broker reciprocity listing courtesy: VSM Real Estate 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.
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Payment Calculator
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Sales History & Tax Summary for 1321 Lake Drive W #227
Sales History
| Date | Price | Change |
|---|---|---|
| Currently not available. | ||
Tax Summary
| Tax Year | Estimated Market Value | Total Tax |
|---|---|---|
| Currently not available. | ||
Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1321 Lake Drive W #227
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Data powered by ATTOM Data Solutions. Copyright© 2025. 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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