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Land with Home for Sale in Lakeville, Minnesota

21670 Monterey Ave, Lakeville, MN 55044

$1,249,000
3.47 acres
Active sale
ago
Est $7,487/mo

A rare opportunity to own one of the south metro's most compelling private estates. Nestled on 3.4 acres at the end of a quiet cul-de-sac, this exceptional property offers a unique combination of privacy, recreation, extensive updates, and convenience—with I-35W just minutes away.

Surrounded by mature trees, open lawn, and frequent visits from deer, cardinals, blue jays, and other wildlife, the setting feels worlds away from the city while remaining remarkably connected to everyday amenities. Unlike many acreage properties, the land here is highly usable, providing ample room for recreation, sports, gardening, pets, future possibilities, and gatherings of every size.

Inside, over 5,000 finished square feet offer an ideal blend of elegance and functionality. The updated kitchen features granite countertops, refinished cabinetry, updated hardware, modern lighting, premium appliances, and an oversized center island that naturally becomes the heart of the home. Formal and informal dining spaces, multiple fireplaces, dedicated office areas, and an impressive upper-level owner's suite provide flexibility for both everyday living and entertaining. The current owners have invested extensively in the property, new well pump, water treatment upgrades, HVAC improvements, refinished hardwood floors, interior painting, remodeled bathrooms, updated lighting and fixtures, garage improvements, smart-home enhancements, and numerous additional updates throughout the home. Newly rebuilt septic system around year 2020. Step outside to discover what truly sets this property apart. The resort-style backyard features a large pool, expansive patio, covered pavilion, outdoor kitchen and bar area, multiple gathering spaces, and breathtaking views of the surrounding grounds. Whether hosting graduation parties, holiday celebrations, family reunions, pool parties, or quiet evenings under the stars, this property was designed to bring people together.

The walkout lower level serves as a complete entertainment destination with room for billiards, air hockey, movie nights, gaming stations, a wet bar, guest accommodations, workout room, sauna, bath with shower, additional office or music room, and the unique underground garage space affectionately known as "The Bunker."

Properties that successfully combine privacy, acreage, extensive improvements, outdoor amenities, and accessibility are becoming increasingly difficult to find. More than simply a luxury home, this is a portfolio-quality real estate asset, a place to create memories today while owning something truly special for years to come. Properties can offer square footage. Some offer acreage. A select few offer a setting that naturally becomes the backdrop for family traditions, celebrations, and memories. This is one of those homes.

Professional photos coming soon!

5,510
Sq feet
5
Beds
2
Full baths
2
3/4 baths
2
1/2 baths
2003
Built

Location

Street address
21670 Monterey Ave
Zip code
55044
Community
Monterey Ponds
Elevation
1,131 feet
Coordinates
44.6346, -93.3367

Directions

35 to Lucerne Blvd West, Monterey Ave South

Property details

Acreage
3.47 acres
Zoning
Residential-Single Family
MLS #
RMLS 7089805
Posted

Property taxes

2026
$13,264

Parcels

  • 040880020

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
RE/MAX International

Exterior

Parking
Driveway, Garage, Garage-Attached, Heated, Underground/Basement
Features
Brick/Stone, Shakes, Wood

Structure

Heating
Fireplace(s), Forced Air, Humidity Control, Space Heater, Zoned
Cooling
Central Air
Roof
Asphalt, Shingle

Interior

Room Count
14
Rooms
Bathroom x 5, Bedroom x 5
Fireplaces
Yes
Appliances
Dishwasher, Dryer, Garbage Disposer, Microwave, Oven-Double, Range, Refrigerator, Vacuum System, Washer, Water-Softener

Listing history

DateEventPriceChangeSource
June 12, 2026New listing$1,249,000RMLS
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This 3.47-acre property is located at 21670 Monterey Ave in Lakeville, MN 55044. The property is available for sale, priced at $1,249,000. It has a 5,510 sq ft 5 bedroom, 2 bath house built in 2003.

Listed by RE/MAX Advantage Plus, (952) 226-7700

Checked 2 hours agoUpdated Source

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