Madison Lake, MN Homes for Sale (7 Real Estate Listings)

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$1,150,000

60515 235th Street, Madison Lake

5 Beds 5 Baths 13 Acres 6,313 SqFt Single Family MLS® # 6750284

Luxury living in the countryside: The best of both worlds! This 5-bed, 5-bath home, featuring over 6,000 fin sq ft of modern touches, rests on over 12 acres of beautiful land. To name a few ...

Edina Realty

$319,900

↓ $15,000

650 Tomahawk Court, Madison Lake

3 Beds 3 Baths 0 Acres 2,710 SqFt Single Family MLS® # 6539320

Brand new 2-level townhome for sale that includes New Construction Warranty! Home has ample storage, abundance of natural light, open floor plan, and walkout basement. Kitchen has granite co...

Weichert Realtors, Community Group

$305,000

620 Tomahawk Court, Madison Lake

3 Beds 3 Baths 0 Acres 2,712 SqFt Single Family MLS® # 6787753

This beautifully maintained 3 bedroom, 3 bath townhome, 2 stall garage is perfectly positioned on an exceptional lot, offering more green space, added privacy, and endless potential for enjo...

Century 21 Atwood

$249,900 Madison Lake

401 Walnut Avenue 201, Madison Lake

2 Beds 2 Baths 0 Acres 1,274 SqFt Single Family MLS® # 6803399

Live the Lake Life! Own this well-maintained condo and begin enjoying Madison Lake. You’ll find 1274 square feet of living space encompassing the living room with a gas fireplace, kitchen w/...

RE/MAX Venture

$234,900

600 Main Street, Madison Lake

3 Beds 2 Baths 0 Acres 2,462 SqFt Single Family MLS® # 6806043

A few blocks from the lake! Additions over the years to this home provide ample space for your needs, both indoor & outdoor. Main level: front porch, family room and living room, kitchen wi...

Century 21 Atwood

$230,000

↓ $9,900

613 Chestnut Avenue, Madison Lake

3 Beds 2 Baths 0 Acres 2,478 SqFt Single Family MLS® # 6798287

Step into this charming and newly renovated 3-bedroom, 1-bath home located in the heart of Madison Lake. The main floor features a cozy primary bedroom with a fireplace, convenient laundry, ...

RE/MAX Dynamic Agents

$214,900

↓ $5,000

509 Walnut Avenue, Madison Lake

4 Beds 2 Baths 0 Acres 2,820 SqFt Single Family MLS® # 6788215

Here is the home you’ve been searching for—an affordable 4-bedroom, 2-bath property with stunning lake views! Step inside to discover a spacious living room, a formal dining area, and a huge...

Weichert, REALTORS- Heartland

Madison Lake, MN Real Estate Statistics

Average Price	$251K
Lowest Price	$47.9K
Highest Price	$1.2M
Total Listings	19
Avg. Price/SQFT	$125

Property Types (active listings)

As of October 27, 2025 there are 7 active Madison Lake, MN real estate listings for sale with an average listing price of $386,371. The highest-priced property listing is $1,150,000, while the lowest priced property can be purchased for $214,900. Madison Lake, MN homes for sale have an average price of $125 per square foot, based on listings with an average of 3.3 bedrooms, 2.7 bathrooms, and 2,967 square feet of living space.