Main Street is where Centerville Lake meets downtown. If Mound Trail is the estate corridor and Lamotte Drive is where the teardown wave is happening, Main Street is the walkable option, lake frontage with the town itself right outside your door.
What's actually sold here
A new-construction home at 7239 Main Street closed at $1,431,930 in November 2025, 5% over its $1,365,000 list price, in 57 days on market. Built in 2025, it's 5 bedrooms, 4 baths, and 2,855 square feet, a clear signal that new luxury construction is landing on this stretch of the lake, not just the more established corridors further out. (Sold by us, Ornell Group)
The Bald Eagle Water Ski Shows call this street home
One detail that makes Main Street unique among Centerville Lake's shoreline streets: the Bald Eagle Water Ski Shows perform right here, at 7145 Main Street, Thursdays at 7pm from mid-June through late August. Free, family-friendly, and it means summer evenings on this stretch of the lake come with a genuine local event, not just a view.
Why this corridor works for a different kind of buyer
Buyers drawn to Main Street are often trading a little privacy for walkability, being able to leave the boat at the dock and walk to downtown Centerville rather than needing a car for everything. That's a real trade-off compared to Mound Trail's more secluded peninsula lots, and it's worth being honest about which one actually fits how you want to live before you choose a street, not just a lake.
The lake behind it
Main Street sits along Centerville Lake, 445 acres with a maximum depth of about 19 feet. The lake is officially listed as impaired for excess phosphorus, with historical clarity readings under 1.1 meters for most of its monitored record. The Rice Creek Watershed District completed a $1,057,000 alum treatment project on June 30, 2026, on schedule and under budget, targeting the sediment phosphorus behind that impairment, with results expected to hold for 15 to 20 years and clarity already climbing toward 1.3 to 1.5 meters since treatment began. The lake falls within the Centennial School District, and the Rice Creek Chain of Lakes Park Reserve sits on the opposite shoreline.
Quick Answers
Is Main Street on Centerville Lake walkable to downtown? Yes. Main Street runs directly along the lake through downtown Centerville, making it one of the few shoreline streets on the lake with real walkability to town.
What's new construction going for on Main Street? One recent new-construction sale, a 2025-built 5-bedroom, closed at $1,431,930, 5% over its asking price.
Where do the Bald Eagle Water Ski Shows perform? Right on Main Street in Centerville, at 7145 Main Street, Thursdays at 7pm from mid-June through late August.
I've personally been part of 6 closed transactions on Centerville Lake since 2020, including 3 of the top 4 highest-priced sales on the lake. The top sale on that list was listed at $1,890,000, a gorgeous home. Take a look: video walkthrough and video walkthrough.
If you're deciding between Main Street's walkability and a more private corridor like Mound Trail, I can walk you through what's actually available on both before you choose.
Best,
Tim Ornell Waterfront Real Estate Advisor | Ornell Group Real Broker, LLC — Luxury Division (NASDAQ: REAX) Minnesota Real Estate License #40442506 651.263.9480 | ornellgroup.com 7037 20th Ave S, Suite 200, Centerville, MN 55038 Specializing in Twin Cities, MN waterfront properties and relocations.
