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Listing Courtesy Of: eXp Realty, Anne Anderson

Local Realty Services Provided By: Keller Williams Premier Realty North Suburban

Overview

What It'll Cost

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$2,999,000

4927 Lake Avenue, White Bear Lake, MN 55110

5 Beds

7 Baths

sq ft

$2,999,000

4927 Lake Avenue, White Bear Lake, MN 55110

Estimation provided by Keller Williams Realty Inc.

5 Beds

7 Baths

sq ft

Active

For Sale

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Property Description

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Standing proudly along iconic Lake Avenue, one of the most historic homes in Old White Bear is now available—a rare opportunity to own a restored gem on the shores of one of the Twin Cities' most cherished lakes. Set gracefully on a spacious corner lot, this distinguished residence offers over 100 feet of prime lakefront with a fairly effortless elevation—no tram needed. One of the property's many unique features is a charming beachside screen house, taking lakefront entertaining to a new level, with the luxury of outdoor enjoyment free from mosquitoes. Imagine waking up to stunning sunrises and evenings taking in glorious moonrises, with nearly all rooms providing panoramic lake views. Every season offers its own delight, from summer days filled with kayaking, sailing, and waterskiing to winter fun with ice skating, hockey, and the excitement of the Special Olympics Polar Plunge—or perhaps, your own private cold plunge. This home is wonderfully located within the highly sought-after neighborhood of “Old White Bear,” offering an idyllic walkable lifestyle just a few blocks from downtown White Bear Lake’s many offerings, including the farmer’s market, Marketfest, and the Manitou Days Parade.Inside, the home exudes timeless charm with rich woodwork and elegant spaces throughout. The front sunroom, a serene retreat, invites you to soak in views of the lake and the lively walking path. The beautiful living room, with its handsome paneling and stately fireplace, is ideal for intimate gatherings or quiet relaxation. At the heart of the home, the kitchen is designed for both inspiration and connection. Upstairs, the primary suite and three additional bedrooms provide ample space for luxury living, complemented by a spacious bonus room with endless possibilities. The lower level, complete with a beautiful pub-style bar, amazing woodwork, gas fireplace, and family room, offers a perfect setting for entertaining, and is awaiting your personal touches. Outside, the fully fenced backyard is a dream come true with a large stone fireplace, paver patio, garden space, and plenty of room for play. This is more than just a home; it’s a legacy property—a rare chance to own a piece of history on the storied shores of White Bear Lake.

Property Details

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Overview

Property Type

Single Family Residence

Property Size

sq ft

Year Built

1882

Days on Site

150 Days

HVAC

Forced Air, Hot Water, Central Air, Radiant Floor

Parking

3 Parking Spaces

Angela Dawson at Keller Williams Integrity WI/MN

Angela Dawson

Keller Williams Integrity WI/MN

40903776

(612) 704-1066

(715) 377-4700

angela.dawson@kw.com

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Purchase Price: $2,999,000

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Price & Tax History

Date

Event

Price

12/05/2024

Price Decrease

$2,999,000

(-20.03%)

10/29/2024

Listed

$3,750,000

(+226.09%)

12/23/2004

Sold

$1,150,000

Year

Property Tax

Assessed Value

Assessed Value is a combination of the land and additions.

2024

$28,678

(+14.62%)

$2,098,700

Land 627,500 + Additions 1,471,200

2023

$25,020

(+12.48%)

$1,870,400

Land 469,700 + Additions 1,400,700

2022

$22,244

(+18.95%)

$1,693,200

Land 469,700 + Additions 1,223,500

2021

$18,700

(-6.33%)

$1,451,600

Land 469,700 + Additions 981,900

2020

$19,964

(+7.68%)

$1,262,300

Land 469,700 + Additions 792,600

2019

$18,540

(+2.65%)

$1,262,300

Land 469,700 + Additions 792,600

2018

$18,062

$1,262,300

Land 469,700 + Additions 792,600

The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.