Nearly an acre in Prior Lake with subdivision potential! This unique property is just minutes from Downtown, Lakefront Park, and Lower Prior Lake. The lot can be subdivided, allowing for an additional structure on Mitchel Circle with views of Prior Lake and the adjacent Mitchell Pond association land, which will remain undeveloped. The main level features hardwood floors in the living room and three bedrooms, plus a full bath. A cozy family room with fireplace and exposed beams opens to a charming three-season porch. Step outside to enjoy a multi-level deck and lower-level screened porch—perfect for entertaining or relaxing. The finished lower level offers a spacious bonus room, flex space, ¾ bath, laundry, and plenty of storage. All bedrooms are on one level, and the attached two-car garage adds convenience. A rare opportunity to enjoy flexible living today, with the option to expand or build tomorrow.