This special lakeshore retreat is available only because the current owners are relocating, which was an incredibly difficult decision after creating years of unforgettable memories here. If you've been searching for a property that offers a true connection with nature, a sense of wonder, and the kind of lake lifestyle that brings people together, this is it. Welcome to an exceptional Cedar Lake retreat just minutes from the Twin Cities, offering nearly one acre of beautifully positioned land and more than 100 feet of shoreline with breathtaking panoramic views. From family gatherings around the lakeside fire pit to quiet mornings with a cup of coffee overlooking the water, this property has been the backdrop for countless cherished moments, and it's ready for its next chapter. Thoughtfully designed with modern finishes and timeless warmth, the home is equally suited for everyday living and entertaining. The open-concept main level showcases soaring vaulted ceilings, expansive windows, and spectacular 180-degree lake views that fill the home with natural light. The inviting living room is anchored by a sleek fireplace, while the gourmet kitchen features custom cabinetry, premium finishes, and an oversized center island that naturally becomes the heart of every gathering. The desirable main-level layout includes multiple bedrooms, a private primary suite, and the convenience of one-level living. The walkout lower level offers an expansive family room, wet bar, additional bedrooms, and the comfort of radiant in-floor heat, creating an ideal space for entertaining family and friends throughout every season. Step outside and discover where this property truly shines. The beautiful fieldstone patio, complete with a lakeside fire pit, invites evenings under the stars, while the gradual shoreline and exceptional water clarity make swimming, boating, paddle boarding, and fishing effortless. Just offshore, the popular sandbar becomes a favorite summertime destination offering the perfect place to swim, relax, and connect with friendly lake neighbors, creating the kind of community that's becoming increasingly hard to find. Nature lovers will feel right at home. Cedar Lake offers outstanding opportunities to observe migrating waterfowl during the spring and fall, with loons, ducks, geese, swans, eagles, and countless other wildlife providing a daily reminder of the beauty that surrounds you. Whether you're watching the sunset over calm water, enjoying the sounds of nature from the shoreline, or gathering around the fire after a day on the lake, this property offers an experience that extends far beyond the home itself.Additional highlights include a spacious boathouse for effortless lake living, a heated attached three-car garage to keep vehicles warm through the winter months, and an additional parcel across the road providing the perfect location for a future garage, workshop, or outbuilding. This is more than a lake home; it's a place where lifelong memories are made, friendships are formed, and every season offers a new reason to fall in love with life on the water. Don't let this opportunity pass you by!
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Market trends in 54026, WI
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
Sale-to-List Price
98.7%
+0.4% MoM
Median sale price
$500K
$47K MoM
Avg. days on market
65d
13 days MoM
Recently sold homes
10
0 MoM
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Sale and tax history for 73 197th St
Sale History
Tax History
Date
Event
Price
RANWW as distributed by WIREX #1599949
Aug 10, 2026
Sold
$1,546,000
Jul 28, 2026
Contingent
—
Jul 1, 2026
Price Changed
$1,650,000
Jun 2, 2026
Price Changed
$1,699,900
Apr 10, 2026
Listed
$1,750,000
+47
Public Remarks
Welcome to an exceptional lakeshore retreat on Cedar Lake just minutes from the Twin Cities! This opportunity offers nearly 1 acre of beautifully positioned land and 100+ feet of prime frontage with breathtaking panoramic views. A beautiful fieldstone patio by the lake with a fire pit creates the perfect setting to relax, entertain, and take in the stunning surroundings. This thoughtfully designed home blends modern finishes with a warm, inviting feel?perfect for both everyday living and entertaining. Step inside to an open-concept main level highlighted by vaulted ceilings, expansive windows, and stunning 180 degree lake views that flood the home with natural light. The spacious living area centers around a sleek fireplace, creating a comfortable gathering space year-round. The gourmet kitchen features a large center island, custom cabinetry, and high-end finishes?ideal for hosting and everyday functionality. The main level offers a desirable layout with multiple bedrooms and a private primary suite, providing comfort and convenience with all living facilities on one level. The walkout lower level expands your living space with a large family room, wet bar area, additional bedrooms, and is enhanced by radiant in-floor heating, delivering consistent comfort throughout the colder months. Outdoor living is where this property truly shines. Enjoy peaceful mornings and unforgettable sunsets from the patio overlooking the water. The property features a spacious boathouse, making lake life effortless, along with gradual elevation to the shoreline and excellent water clarity?ideal for swimming, boating, and recreation. The heated and attached three car garage will keep your cars toasty in the winter and the additional land across the road is the perfect spot to build an additional garage or outbuilding. Great opportunity to combine lakeshore living with modern amenities!
NORTHSTARMLS as Distributed by MLS Grid #7039681
Aug 10, 2026
Pending
—
Aug 10, 2026
Sold
$1,546,000
Jul 28, 2026
Contingent
—
Jun 15, 2026
Price Changed
$1,650,000
Jun 1, 2026
Price Changed
$1,699,000
Mar 28, 2026
Listed
$1,750,000
Mar 23, 2026
Coming Soon
$1,750,000
NORTHSTARMLS as Distributed by MLS Grid #4174402
Oct 29, 2012
Sold
$239,900
Oct 9, 2012
Listing Removed
—
Jul 20, 2012
Listed
$239,900
+4
Cedar Lake home offers year round relaxation & recreation! Great room, kitchen/dining/living room has 2 patio doors to the large wrap around deck. New boat house, newer roof, well maintained 2 bedroom lake home.
Appliances: Cooktop, Dishwasher, Double Oven, Exhaust Fan, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned