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18423 Italy Avenue, Lakeville, MN 55044 - MLS# 7152619

MLS® #: 7152619|Listed: Sep 30, 2026
Coming Soon

$499,900

Bedrooms
5
Bathrooms
3
Square Feet
3,133
Acres
0.999
Year Built
1965
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Ceiling Fan(s), Central Air
Garages
2
School District
194 - Lakeville

Rare Find! 1-Acre Private Oasis in Lakeville – 4 BR / 3 BA - The Perfect Blend of Country Space & City Convenience. Welcome home to your own private sanctuary! Situated on a rare 1-acre lot in the heart of Lakeville, this beautifully expansive 3,133 sq. ft. home offers the space, privacy, and peaceful lifestyle you’ve been searching for. Prepare to be wowed by a massive, thoughtfully designed home addition that adds luxury and incredible character.

Huge Upstairs Primary Suite: A massive private retreat with plenty of space to unwind, design your dream closet, and create a true master sanctuary.

Feature Spiral Staircase: A striking architectural spiral staircase that serves as a beautiful focal point of the home.

Bonus Family/Media Room: The staircase leads directly to a versatile bonus space—perfect for a high-end home theater, game room, or secondary family hangout space.

Enjoy ultimate peace of mind with big-ticket structural upgrades already completed within the last three years:

Newer roof and durable, freshly painted siding.

Energy Efficiency: Majority of the home's windows have been recently replaced.

A freshly laid asphalt driveway welcoming you home.

Property Highlights include:

Generous Living Space: 4 spacious bedrooms and 3 bathrooms, perfect for growing families, multi-generational living, or a dedicated home office.

Acreage in the City: Enjoy an incredible, sprawling 1-acre yard. Perfect for entertaining, gardening, building your dream deck, or letting pets run free.

Room to Breathe: Nestled in a quiet, established neighborhood with mature trees providing ultimate natural privacy.

Location is everything! This property feeds into some of the highest-rated schools in the state, making it an incredible long-term investment for your family. Enjoy the best of Lakeville living with quick access to local parks, beautiful lakes, premier shopping, dining, and easy commuting routes into the Twin Cities.

Do not miss out on this unique, custom acreage opportunity in Lakeville!

18423 Italy Avenue, Lakeville, MN 55044

Ask an Agent

Exterior & Construction

ConstructionCement Siding
RoofAge 8 Years or Less
FoundationBlock
PatioDeck, Porch, Rear Porch

Rooms

RoomLevelDimensions
Three Season PorchUpper12 x 12
BedroomUpper21 x 19
Bedroom 2Upper11.5 x 9
LaundryLower15.5 x 11
Living RoomUpper16.5 x 15.5
KitchenUpper12 x 9
Dining RoomUpper9 x 9
Bedroom 3Upper12 x 9.5
Family RoomLower24 x 17.5
Bedroom 4Upper12 x 9
Bedroom 5Lower24 x 14
Amusement RoomLower18 x 12.5

Lot Information

Lot Size0.999
Acres0.999

Tax Information

Annual Tax$4,918
Assessment Year2026

Location

Call 612-356-2121For Showings and Questions
Broker Reciprocity logo
Listed by: Friemann Real Estate Services, Inc
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.