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Madison Lake, MN 56063

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For Sale

$495,000

0.83 acres

Estimated Payment

$ 2,962 /mo. †

6.67% APR for 30 yrs.
$4,972 in taxes
Change Loan Terms

  • Residential Lot
    Property type

  • 0.8 acres
    Lot size

Explore this Property

Beautiful and spacious lake lot on Lake Washington offering approximately 168 ft. of lake shore with a nice flat area along the lake. Amazing sunsets and the only flat open lot area on this side of the lake that offers tons of potential for the home of your dreams!
MLS# 7030851

Listed By CENTURY 21 Atwood

Property Features

  • Body of Water
    Lake
  • Lifestyles
    Waterfront, Lakefront
  • Location
    Waterfront
  • Lot Description
    Level
  • Lot Size
    0.83 Acres
  • Style
    Other Style

Area Map

Home seller Meet the Agent,
Candee Deichman

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Candee Deichman

of CENTURY 21 Atwood

License: 40383097
(507) 327-5006
Learn More About Me

Mortgage Calculator

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Loan Term
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$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $2,547
  • Property Taxes
    $414
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $2,962

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Cleveland Elementary

Grades PK-6 Public School

Cleveland, MN 56017 4.9 miles
400 6th st

272 total students
13:1 Student teacher ratio

School Rating: B+

School Details

Cleveland Secondary

Grades 7-12 Public School

Cleveland, MN 56017 4.9 miles
400 6th st

246 total students
16:1 Student teacher ratio

School Rating: B-

School Details
Other Nearby Schools Distance Type Grades School Rating
St Peter Lutheran School 6.3 miles Private PK-8
South Elementary School 6.3 miles Public KG-1
St. Peter Middle School 6.7 miles Public 5-8 C-
St. Peter Early Childhood Center 6.7 miles Public PK

St Peter Lutheran School

Distance: 6.3 miles

Type Private

Grades: PK-8

South Elementary School

Distance: 6.3 miles

Type Public

Grades: KG-1

St. Peter Middle School

Distance: 6.7 miles

Type Public

Grades: 5-8

C-

St. Peter Early Childhood Center

Distance: 6.7 miles

Type Public

Grades: PK

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Madison Lake, MN 56063

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Madison Lake, MN 56063

This community’s employment is highest in the production occupations and food industries. The area’s overall household expenses are above the national average.

84° July
Hottest Average Month
3° January
Coldest Average Month
1,150 Total Households in Area
3.1% Increase in population since the year 2010
29.6%
of households
have children
22 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Madison Lake, MN 56063

Madison Lake, MN 56063 has a population of 2,739 people in 1,150 households with a median age of 40.4 years old.

3.1%
Increase in population
since the year 2010
Population is Trending up
1,080
Total households as of 2010
6.6%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 40.4 years old. The smallest percentage group is 55-64 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 95%
Hispanic 2%
Other <1%
Black <1%
Asian <1%
Native American <1%
The most prevalent ethnicity is White at 95%, followed by Hispanic at 2%, Other at <1%, and Black at <1%.

Economics
for Madison Lake, MN 56063

62 /sq mi
Population Density
$104,115 /yr
Median Household Income
$750,000
Median Sales Price
22 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $100-124,999k representing 18.47% of the households.

Transportation to Work

  • Drive 89%
  • Work from Home 10%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 982 66%
Vacant 342 23%
Rented 168 11%

White vs Blue Collar Jobs







White Collar 72%
Blue Collar 28%

Family & Education Facts
for Madison Lake, MN 56063

40.4 Median Age

Average Household Size

2.4
persons per
household

67.5%

Married Households

Community Population By Education

Bachelors Degree 27%
Some College 22%
High School Graduate 22%
Associates Degree 14%
Graduate Degree 14%
Some High School 2%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 26.9% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
29.6% of households have children

Weather
for Madison Lake, MN 56063

The weather for this area ranges from a high of 84° F in July to a low of 3° F in January

84° July
Hottest Average Month
3° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
3°
23°
Feb
8°
28°
Mar
21°
40°
Apr
35°
57°
May
47°
71°
Jun
56°
80°
Jul
61°
84°
Aug
59°
82°
Sep
49°
73°
Oct
38°
61°
Nov
24°
42°
Dec
10°
28°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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tour with a
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There's more to learn about Madison Lake, MN 56063!
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Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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