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Off market
  • Zestimate®
    $957,000

    10675 40th St N, Lake Elmo, MN 55042

    6beds
    4,568sqft
    Single Family Residence
    Built in ----
    -- sqft lot
    $957,000 Zestimate®
    $210/sqft
    $6,171 Estimated rent

    Home value

    $957,000

    $900,000 - $1.02M

    $6,171/mo

    Zestimate® history
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    $6,175/mo

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    $6,175/mo

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    What's special

    Sleek quartz countertopsBeautiful hardwood flooringStriking contemporary architectureDesigner finishesClean linesOversized center islandImpressive curb appeal

    Luxury Contemporary Living in the Heart of Lake Elmo Experience elevated living in this exceptional 2023 custom-built luxury residence, where sophisticated modern design meets everyday comfort and functionality. Thoughtfully crafted with premium finishes, expansive living spaces, and high-end amenities throughout, this stunning home offers an unparalleled rental opportunity in one of Minnesota's most desirable communities. From the moment you arrive, the home's striking contemporary architecture, clean lines, oversized windows, and impressive curb appeal create an immediate sense of elegance and refinement. Sophisticated Open-Concept Design - Designed for both luxurious living and effortless entertaining, the expansive open floor plan seamlessly connects the living room, dining area, and gourmet kitchen. Soaring ceilings and abundant natural light create a bright, airy atmosphere throughout the home. Chef's Gourmet Kitchen - The designer kitchen is a true centerpiece, featuring premium stainless steel appliances, sleek quartz countertops, custom cabinetry, and an oversized center island ideal for entertaining, casual dining, or culinary preparation. Spa-Inspired Primary Suite - Retreat to a luxurious primary suite complete with a spacious walk-in closet and an elegant spa-style ensuite bathroom featuring designer finishes, dual vanities, a walk-in glass shower, and a relaxing jacuzzi tub. Smart Home Features & Modern Convenience - Enjoy the benefits of integrated smart-home technology, including smart thermostat controls, high-speed internet readiness, and energy-efficient systems designed for modern living. Premium Finishes Throughout - The main level showcases beautiful hardwood flooring, upscale fixtures, designer lighting, and carefully selected finishes throughout. Plush carpeting enhances the comfort of the upper level and finished lower level spaces. Flexible Living & Workspace Options - Ideal for today's lifestyle, the home includes dedicated space perfectly suited for a private home office, study area, or flex room. Outdoor Living & Entertaining - Enjoy Minnesota's beautiful seasons from the private outdoor patio and deck spaces ideal for relaxing evenings, entertaining guests, or outdoor dining. Energy-Efficient Construction - Built with sustainability and efficiency in mind, the home incorporates energy-efficient windows, insulation, and appliances for enhanced comfort and lower utility costs. Prime Lake Elmo Location Perfectly situated in the highly sought-after Lake Elmo community, this home offers convenient access to I-494, Woodbury, Stillwater, premier shopping and dining, parks, golf courses, and top-rated schools all within approximately 30 minutes of Minneapolis Saint Paul International Airport. This extraordinary luxury rental offers the perfect balance of contemporary elegance, convenience, and comfort. Contact us today to schedule a private showing and experience one of Lake Elmo's finest rental homes firsthand. Please note that tenants are responsible for establishing and maintaining all utility services associated with the property. This includes, but is not limited to, electricity, natural gas, water and sewer, trash and recycling services, internet, cable, HOA and any other applicable utilities. All accounts must be transferred into the tenant's name effective as of the lease commencement date. This home is offered with a multi-year lease term. Additional lease terms include: Pets may be considered with prior approval and an additional pet deposit This is a non-smoking property Tenants are expected to maintain the home in excellent condition throughout the lease term If you have any questions or would like to schedule a private showing of this exceptional Lake Elmo property, please feel free to reply to this email or contact us directly. We look forward to speaking with you and helping you make this beautiful property your next home. Application fee of $75 per adult applicant.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Source: Zillow Rentals

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Central, Forced Air
    Cooling
    • Air Conditioner, Central Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave Oven, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Walk In Closet
    • Flooring: Carpet, Hardwood, Tile
    Interior area
    • Total interior livable area: 4,568 sqft

    Property

    Parking
    • Parking features: Attached, Garage
    • Has attached garage: Yes
    • Details: Contact manager
    Features
    • Patio & porch: Patio
    • Exterior features: Walk In Closet
    Details
    • Additional structures: Garage(s)
    • Parcel number: 1102921430053

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence

    Utilities & green energy

    • Utilities for property: Cable, Cable Connected, Electricity, Garbage, Gas, Internet, Sewage, Water

    Community & HOA

    Community
    • Deposit fee: $5,500
    HOA
    • Amenities included: Cable TV
    Location
    • Region: Lake Elmo

    Financial & listing details

    • Price per square foot: $210/sqft
    • Tax assessed value: $864,900
    • Annual tax amount: $8,968
    • Date on market: 8/22/2026
    • Date available: 10/01/2026
    • Lease term: 1 Year

    Price history

    DateEventPrice
    9/9/2026Listing removed$5,500$1/sqft
    Source: Zillow Rentals Report a problem
    6/12/2026Listed for rent$5,500-6.8%$1/sqft
    Source: Zillow Rentals Report a problem
    12/26/2025Listing removed$5,900$1/sqft
    Source: Zillow Rentals Report a problem
    8/30/2025Listed for rent$5,900$1/sqft
    Source: Zillow Rentals Report a problem
    8/15/2025Listing removed$5,900$1/sqft
    Source: Zillow Rentals Report a problem
    7/11/2025Price change$5,900-9.2%$1/sqft
    Source: Zillow Rentals Report a problem
    6/2/2025Price change$6,500-9.7%$1/sqft
    Source: Zillow Rentals Report a problem
    5/19/2025Listed for rent$7,200$2/sqft
    Source: Zillow Rentals Report a problem
    3/30/2023Sold$900,869$197/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6326363 Report a problem
    1/24/2023Pending sale$900,869$197/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6326363 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,968 +188.7%$864,900 +147%
    2024$3,106 +355.4%$350,100 +432.9%
    2023$682 +582%$65,700 +721.3%
    2022$100 $8,000
    2021-- --
    Find assessor info on the county website

    Neighborhood: 55042

    Nearby schools

    GreatSchools rating
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    Estimated market value

    $957,000

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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $957,000