Lori Gustafson

282 Three Lakes Drive

Madison Lake, MN
$ 339,900 Beds 3 Baths 2 Sq 1,520
Monthly Estimate* How much can I afford?

Convenient one-level living at its best! This thoughtfully designed patio home features an attached three-car garage and an open-concept floor plan that seamlessly connects the living room, dining area, and kitchen. The kitchen is beautifully appointed with granite countertops, stainless steel appliances, soft-close cabinetry and drawers, a tile backsplash, and a spacious pantry. The private primary suite offers a walk-in shower, dual vanities with quartz countertops, and a generous walk-in closet. Additional highlights include quartz countertops in all bathrooms, a convenient laundry/mudroom just off the garage entrance, and quality finishes throughout the home. Photos shown are of a previously completed model. Finishes and selections may vary.

Single Family

  • Price
  • $ 339,900
  • City
  • Madison Lake
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • BLUE EARTH
  • Half Bathrooms
  • 0
  • Area
  • Three Lakes
  • Lot Size
  • 0.235 Acres
  • Zip
  • 56063
  • Sqr Footage
  • 1,520
  • Year Built
  • 2026
  • Taxes
  • $ 402
  • Style
  • Single Family
  • MLS#
  • 7101878
Listed By: Miller Real Estate
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1520
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Dishwasher,Microwave,Range,Refrigerator
Garage Spaces 3
Construction Materials ICFs (Insulated Concrete Forms)
Year Built 2026
Levels One
Property Subtype Single Family
Tax Year 2025
Accessibility No Stairs External,No Stairs Internal
County Blue Earth
New Construction Yes
Property Type Residential
HOA No
Contingency None
Subdivision Name Three Lakes
Full Baths 1
Directions From Hwy 60 turn onto Park Rd then turn onto 230th St then turn onto Three Lakes Drive
City Madison Lake
High School District Mankato
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 402
Additional Parcels Y/N No
Builder Name PEKA HOMES LLC
Standard Status Active
Lender Owned No
Amenities Unit Kitchen Center Island,Vaulted Ceiling(s)
PostalCity Madison Lake

Interior Features

Basement None
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 1520
3/4 Baths 1
Laundry Features Electric Dryer Hookup,Main Level,Washer Hookup
Total Bedrooms 3
Total Baths 2
Bath Desc 3/4 Primary,Private Primary,Main Floor Full Bath
Dining Room Description Eat In Kitchen,Informal Dining Room
Fuel Natural Gas
Garage Dimensions 22 x 30
Garage Door Width 7
Garage Square Feet 660

Exterior Features

Parking Features Attached Garage
Water Source City Water/Connected
Lot Size Area 0.235
Building Area Total 1520
Lot Dimensions 110 x 69 x 128 x 126
Waterfront Y/N No
Foundation Area 1520
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/2/2026 Listed $339,900

Property vs Zip Code Average in 56063

Price
AVG $680K
$340K
Taxes
AVG $5,954
$402
Year Built
AVG 1991
2026
Visits
AVG 329
79
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

282 Three Lakes Drive Madison Lake, MN is a Single Family Home for sale at $339900 with 1520 sqft and a lot size of 0.235 Acres Acre(s). 282 Three Lakes Drive Madison Lake has 3 bedrooms, 2 baths and was built in 2026. The property's zip code is 56063 which is in Madison Lake, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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