8551 Summit Oaks Bay

Savage MN 55378

4616 sq. ft.

0.76 ac.

Single-Family

Last sold for $875,000

Troy Scott, last sold this property on 13 August 2026 after 77 days on market.

Overview

This stunning lakeshore rambler combines spacious living, scenic beauty, and exceptional amenities in one remarkable property. Nestled on picturesque Cates Lake, this home offers a nature lover’s retreat with opportunities for canoeing, kayaking, and paddleboarding right from your backyard. Boasting nearly 4,000 finished square feet, the home features 5 bedrooms with an office (legal 6th bedroom), and 3.5 bathrooms, including a luxurious primary en suite bath complete with a soaking tub, and separate walk-in shower. Three bedrooms are located on the main level, with two additional bedrooms and office on the lower level, Designed for both everyday comfort and entertaining, the home offers both formal and informal dining spaces, along with an open-concept kitchen featuring a convenient counter breakfast bar. Enjoy expansive living and family rooms, each accented with warm gas fireplaces and custom built-in cabinetry, as well as a lower level wet bar. Take in breathtaking lake and wooded views from the inviting 3-season porch or large deck overlooking the beautifully landscaped lot. The walkout lower level leads to a covered patio and an impressive stamped concrete entertaining area surrounding the welcoming in-ground swimming pool — perfect for enjoying summer days with family and friends. Additionally you will find a spacious 3 car garage, plenty of storage, and it is Ideally located near parks, schools, shopping, and major freeways, this home offers the perfect balance of privacy, recreation, and convenience. Opportunities like this are rare — few homes can match this combination of lakeshore living, space, and value.

Features

5 bedrooms

4 bathrooms

3 carspaces

3 garage spaces

4616 sq. ft. floor area

0.76 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Savage over the last 12 months, the estimated median property value of 8551 Summit Oaks Bay is $595.5k.

Median value

$595.5k

Estimated value range

$390k - $875k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Savage. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.