Prior Lake Real Estate & Homes for Sale

Prior Lake Real Estate & Homes for Sale in Minnesota

Founded in the late 19th century, Prior Lake has grown from a small town into a rapidly expanding suburban bedroom community. The town is located within Scott County, the 8th fastest-growing in the nation. The growth of Prior Lake has been greatly catalyzed by the ongoing development of adjacent Highway 13. The lake itself draws vacationers from abroad and is an extremely popular recreational area. With a population of more than 16,000, the town is located less than 25 miles from Minneapolis and less than five miles from Savage. Savage is the oldest district within the community and rests along the banks of the scenic Minnesota River. Residents of Prior Lake benefit from the town's self-subsisting economy, which is supported primarily by commercial, retail and banking establishments. The Mystic Lake Casino, located within the boundaries of Prior Lake, is the only casino/hotel in the Twin Cities region. The casino also provides a great deal of financial stability within the area. Students in Prior Lake are served by Prior Lake-Savage Area School District 719 and several private schools. Numerous colleges are within driving distance. Real estate is affordable, with condominiums, townhouses and single-family homes for sale available at prices to suit any lifestyle. A beautiful location and variety of amenities make Prior Lake an ideal hometown for businesses and families alike.