Centerville Lake: A Complete Guide to One of the Northern Suburbs’ Most Underrated Waterfront Markets (Plus Reshanau & Peltier Lakes)

Centerville Lake: A Complete Guide to One of the Northern Suburbs’ Most Underrated Waterfront Markets (Plus Reshanau & Peltier Lakes)

From someone who lives here, raises a family here, and has sold 4 of the top 6 homes on this lake.

Centerville Lake in Centerville, Minnesota is quickly becoming one of the most desirable — yet still underrated — lakefront markets in the Northern Suburbs. With 450 acres of water, a max depth of 20 feet, and a quiet, family-friendly shoreline, it offers a lifestyle that continues to appreciate in value.

As someone who lives on this lake and works across Anoka County’s lakes daily, I’ve seen interest surge from buyers searching for a clean, active lake with strong schools and stable long-term value.


Quick Facts

Centerville Lake: 450 acres | 20 ft deep | No boat connection
Reshanau Lake: 350 acres | 12 ft deep | Scenic + natural
Peltier Lake: 579 acres | 18 ft deep | Half wetland, limited boating
Homes: ~65 total | Strong appreciation | Most $1M+
Schools: Centennial School District


Premium Shoreline: Mound Trail, Mound Ct., LaMotte & LaValle

The most desirable and highest-value lake homes sit along Mound Trail, Mound Court, LaMotte Drive, and LaValle Drive. These stretches offer larger lots, stronger lake orientation, and the kind of elevation buyers pay a premium for.

Many of the strongest sales — including four of the top six homes sold on this lake, which I represented — are found right here.


History That Still Shapes the Area Today

In the 1850s, French traders settled this area thanks to its proximity to early Minnesota hubs. The name “Centerville”comes from its nearly equal distance to Stillwater, St. Paul, and Anoka.

Today, that tradition of being “in the center of it all” continues — quiet lake living with access to everything.

Local favorites like Kelly’s Korner add to the small-town character that people love.


Water Quality Improvements (2024–2026 Alum Treatment)

A multi-year alum treatment — with Phase 1 completed in 2024 and additional phases scheduled through 2025–2026 — is already improving water clarity and algae control.
This is one of the biggest value boosters Centerville has ever seen.


The Top Lake in the Centennial School District

Centerville Lake is widely considered the best lake in Centennial Schools.
Families appreciate the:

  • safe streets

  • trail access

  • parks

  • strong school district

  • community feel

As a parent raising kids here, the value goes far beyond real estate.


Running, Trails & Outdoor Lifestyle (A Local’s Advantage)

One of the biggest lifestyle perks is direct access to the Rice Creek Chain of Lakes Park Reserve — a massive, protected park system with miles of scenic trails.

For runners and cyclists:

  • Loop Around Centerville Lake: ~4.25 miles

  • Loop Around Centerville + Reshanau: 7–8 miles depending on route

Chomonix Golf Course and surrounding neighborhoods are also connected by this trail network.

This is one of the best outdoor corridors in the entire north metro — and a huge advantage for homeowners.


Nearby Lakes: Reshanau & Peltier (Updated)

Reshanau Lake – 350 acres | 12 ft deep

Quiet. Scenic. Wildlife-heavy. Perfect for kayaking and peaceful paddling.

Peltier Lake – 579 acres | 18 ft deep

Half wetland, limited boating, but great for fishing and wildlife.
Adds tremendous nature value — without adding boat traffic to Centerville.


WE ROW TOGETHER

The Ornell Group operates on one belief:

We row together.

This is not a one-person operation.
You get:

  • a unified team

  • shared standards

  • collaborative strategy

  • consistent communication

  • full support from staging to closing

When you hire Ornell Group, you hire an entire team rowing in your direction.


FINAL THOUGHTS

When someone searches “Ornell” in real estate, we want them to find:

  • luxury

  • lakefront expertise

  • northern-suburbs leadership

  • proven results

  • trusted guidance

  • a track record that speaks for itself

If you're considering a move, selling a lake home, or planning a new build, we’re here to guide you with clarity, strategy, and care.

Your next chapter deserves a team that understands the stakes and delivers at a high level.

If you’re ready to talk, we’re ready to help.


ORNELL GROUP REAL ESTATE | TIM ORNELL

Tim Ornell | Real Luxury | Ornell Group Real Estate
Northern Suburbs Luxury & Waterfront Specialist
$200M+ Sold | 200+ Transactions
Real Luxury Division (Sales Performance Qualified)
Institute for Luxury Home Marketing – GUILD Certified
[email protected] | ornellgroup.com

Content provided by Ornell Group. Real estate services brokered by Real Broker. Select content enhanced using AI-assisted tools. All market data subject to change.

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