Where 804 feet of shoreline curves around a quiet pocket of Lake O'Dowd, a singular homesite waits — wooded, private, and shaped by water on nearly every side. This is The Cove: 2.25 acres of build-ready lakefront that wraps the shore like a natural harbor, offering panoramic views in every direction and the kind of waterfront privacy that simply cannot be replicated. The Cove is available as a build-ready lot at $527,500, with design+build packages starting at $2,495,000.
The Cove sits within The Peninsula at Lake O'Dowd, Sustainable 9's flagship lakefront development in Shakopee — ten completed homes, and a neighborhood defined by modern architectural ambition. What sets The Cove apart, even here, is its extraordinary shape: the lot curves around the water in a broad, embracing arc, creating sheltered shoreline on both the east and west sides with options for dock placement on either.
Mature hardwoods fill the interior of the site, filtering light and framing views of the lake, the surrounding bays, and the islands that dot O'Dowd's 300-acre surface. The result is a property that feels less like a lot and more like a private shoreline preserve.
Lake O'Dowd is a fully recreational lake just thirty minutes from downtown Minneapolis — home to water skiing, kayaking, fishing, and some of the most spectacular sunsets in the metro. The Cove's shoreline is gentle and natural, lined with lily pads and a shallow sandy bottom that invites kayaks, paddle boards, and quiet mornings at the water's edge.
Installing a longer dock would extend access to deeper water for those who want a boat slip, while the undeveloped character of the shore keeps the waterfront feeling wild and unhurried. From the site, views open in all four directions: north across the main body of the lake, south into a sheltered bay, east and west along the curving tree-lined shore.
The Cove is build-ready and designed to accommodate a range of architectural visions — from a dramatic walkout with the lower level opening directly to the lake, to a lookout design that elevates the living spaces above the tree canopy for sweeping panoramic views. Previous renderings illustrate one possibility, but the beauty of this site is that it rewards bold thinking.
With Sustainable 9 and Unfold Architecture's design+build approach, every home begins with the land, and few lots offer as much to work with: the curving shoreline, the mature canopy, the shifting light across the water. This is a site where the architecture can be as distinctive as the landscape it inhabits.
The Peninsula at Lake O'Dowd is a collection of Minnesota Modern homes crafted by Sustainable 9 — each one architecturally unique, sustainably built, and designed to honor its setting. Neighbors include award-winning custom homes ranging from Scandinavian-inspired retreats to mid-century modern estates, all connected by wooded trails and a shared commitment to artisanal craft and environmental performance.
Living at The Peninsula means living among people who care about design as much as you do. Bring a vision for your ideal waterfront home and our team of architects, engineers, and artisans will craft it — or start fresh and let the site inspire something entirely new. Either way, 804 feet of private shoreline on a fully recreational metro lake is an opportunity that won't come around twice.
We have a passion for creating modern homes that not only look stunning but are environmentally-friendly to help reduce your home’s carbon footprint.
MN Green Path, Master Level
Energy Star
EPA Indoor AirPlus
DOE Zero Energy Ready Home
