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The Miller Group
Gayle Miller, Broker
REALTOR®, CRS, SRES, MRP, CDPE, SFR
(763) 286-2900

16584 Klamath Terrace, Lakeville, MN 55044

New - 43 Hours Ago

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Listed By

Agency Name: Realty Exchange
Agency Phone: 952-465-3100

Shown By

Agent Name: The Miller Group
Agent Phone: (763) 286-2900
Agency Title: Counselor Realty

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Property Description

Lakefront living at its finest, this one-of-a-kind luxury home features stunning views from every room, an inviting pool, stone fire pit area, privacy, and soft modern architecture. It is both impressive and comfortable at the same time. Set on more than 3 acres with 275 feet of shoreline, this custom-built executive Tom Mihm home was originally designed as the builder's personal residence ? and it shows in the exceptional layout, quality craftsmanship, and incredible connection to the lake from nearly every room.With over 7,500 finished square feet, home highlights include a 2 story great room, high vaulted ceilings, expansive picture windows, kitchen island, four fireplaces, and incredible entertaining space.  Fresh interior and exterior paint, new hardwood and LVP flooring, a new roof, updated landscaping, and new concrete driveway and front porch add to the home's refreshed appeal. Relaxation and enjoyment is amplified with the new whole house Sonos S2 sound system. Recently updated, the kitchen has a large center island and opens naturally into multiple living and dining spaces, including a renovated four-season porch with new mini-split that overlooks the pool and lake. Upstairs, the primary suite includes its own fireplace, elegant bath, and peaceful panoramic lake views. The walkout lower level was made for fun, featuring a media room with projector, retractable screen, Sonos sound, and a custom TV wall with three picture-in-picture TVs ? perfect for game days, movie nights, or hosting friends and family. There's also a wet bar, pool table, space for the ping pong table, game table, and work-out room. Outside, there's a new hot tub, new firepit, new maintenance-free deck boards, and an awesome pool with slide, diving board, and plenty of patio space for sunbathing, making it easy to enjoy the property year-round.Additional features include a Jack and Jill bath connecting two upper-level bedrooms, a spacious main floor laundry room, and abundant lower-level storage space that is rarely found in lake homes of this size.Whether spending quiet mornings on the water, swimming and fishing off the shoreline, or taking the boat over to community favorite restaurant, The Chart House, for dinner or events, the lifestyle here is just as exceptional as the home itself. The lake is ideal for kayaking, canoeing, swimming, fishing, and small 10hp motorized boats, offering a quieter and more relaxed lake experience. Location is close to everything, but feels perfectly secluded in a friendly, upscale neighborhood. Come see for yourself all that this amazing home has to offer!

16584 Klamath Terrace | MLS# 7082814

This single family home located at 16584 Klamath Terrace, Lakeville, MN 55044 is currently listed for sale with an asking price of $1,599,900. This property was built in 1991 and has 5 bedrooms and 3 full and 1 partial baths with 7574 sq. ft. Klamath Terrace is located in the Kingsley Cove subdivision within the Lakeville school district. Search Kingsley Cove real estate on www.gaylemiller.realtor today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Kitchenette, Walkout
Cooling: Central Air
Fireplaces: 4
Fuel Type: Natural Gas
Garage: 3 car attached
Heating: Forced Air, Fireplace(s)
Lot Size: 3.13 Acres
Roof Type: Age 8 Years or Less, Architectural Shingle, Asphalt
Stories: 2.0
Taxes: $14,746
Year Built: 1991

Feature Descriptions

Additional Living Info.: 3 BR on One Level, Main Floor Laundry, Primary Bdr Suite
Appliances: Air-To-Air Exchanger, Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Water Filtration System, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
Bath: 3/4 Basement, Double Sink, Full Primary, Full Jack & Jill, Private Primary, Main Floor 1/2 Bath, Separate Tub & Shower, Upper Level Full Bath, Jetted Tub
Bathrooms 3/4: 1
Bathrooms Full: 2
Bathrooms Half: 1
Days on Site: 1
Dining: Breakfast Area, Separate/Formal Dining Room
Fireplace: Amusement Room, Gas, Living Room, Primary Bedroom
Foundation Size: 2575
Lot: Accessible Shoreline
Lot Dimensions: 442x45x431x522
Parcel#: 224186001060
Parking: Attached Garage, Concrete, Finished Garage, Heated Garage, Insulated Garage
Pool: Below Ground, Heated, Outdoor
Sewer: City Sewer/Connected
Special View Info: Lake View
Water: City Water/Connected
Water Features: Lake Front

Room Sizes

Amusement Room: 24x24
Billiard: 16x13
Dining Room: 14x13
Family Room: 23x19
Bedroom 5: 14x13
Bedroom: 26x20
Four Season Porch: 20x11
Bedroom 4: 15x15
Kitchen: 24x15
Living Room: 21x16
Media Room: 18x16
Office: 15x12
Bedroom 2: 17x11
Bedroom 3: 14x12

Local Schools

School District: Lakeville

Estimate Your Payment

Estimated Payment

$ 10,210.81 per month $8,515.34 Principal & Interest $1,228.83 Property Tax $466.64 Homeowner's Insurance

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/31/2026. The listing information on this page last changed on 05/31/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 05/31/2026 6:05:26 AM EST) or RMLS-MN MLS (last updated Sun 05/31/2026 12:02:26 AM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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