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  • $647,000

    11241 40th St N, Lake Elmo, MN 55042

    4beds
    3,722sqft
    Single Family
    Built in 2017
    9,016 Square Feet Lot
    $654,500 Zestimate®
    $174/sqft
    $4,496 Estimated rent

    Home value

    $654,500

    Estimated sales range

    Not available

    $4,496/mo

    Zestimate® history
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    What's special

    Open-concept main levelLush landscaped yardOversized walk-in pantryExpansive primary suiteMain-floor officeAmple cabinet spaceHoned granite countertops
    Move-In ready, skip the wait to build! Located in Lake Elmo's highly desirable Village Preserve community, this stunning Creative Homes-built "Sutherland" floor plan offers thoughtful design and modern upgrades throughout. Upstairs, you'll find four spacious bedrooms, a versatile loft, convenient laundry room, and three total bathrooms. The expansive primary suite features a luxurious walk-in California Closets, a beautifully tiled walk-in shower, and a double vanity. The open-concept main level boasts honed granite countertops, a gas range with double oven, an oversized walk-in pantry, and ample cabinet space. A large mudroom with built-in bench and closet provides the perfect drop zone. Need to work from home? Enjoy a bright and private main-floor office. Finish the lower level to quickly build equity and personalize your space further. Extras you won't get with new construction include window coverings, water softener, gutters, Smart home features: front door lock, thermostat, ceiling speakers, plus a maintenance-free deck overlooking a lush, landscaped yard! Enjoy walkable access to downtown Lake Elmo, scenic paved trails in the neighborhood nature preserve, and a great local playground. Part of the highly regarded Stillwater School District.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Ashby 651-491-2222,

    Edina Realty, Inc.

    Bought with:

    Tyler R Putrah

    Korman Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6738470MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 224 Square Feet
    • Dimensions: 16x14
    Bedroom 2
    • Level: Upper
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Bedroom 3
    • Level: Upper
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Bedroom 4
    • Level: Upper
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Dining room
    • Level: Main
    • Area: 88 Square Feet
    • Dimensions: 11x8
    Family room
    • Level: Upper
    • Area: 165 Square Feet
    • Dimensions: 15x11
    Kitchen
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 13x11
    Laundry
    • Level: Upper
    • Area: 60 Square Feet
    • Dimensions: 10x6
    Living room
    • Level: Main
    • Area: 342 Square Feet
    • Dimensions: 19x18
    Mud room
    • Level: Main
    • Area: 63 Square Feet
    • Dimensions: 9x7
    Office
    • Level: Main
    • Area: 110 Square Feet
    • Dimensions: 11x10
    Heating
    • Forced Air, Fireplace(s)
    Cooling
    • Central Air
    Appliances
    • Included: Air-To-Air Exchanger, Dishwasher, Disposal, Humidifier, Microwave, Range, Refrigerator, Water Softener Owned
    Features
    • Basement: Daylight,Drain Tiled,Full,Concrete,Sump Pump
    • Number of fireplaces: 1
    • Fireplace features: Gas, Living Room
    Interior area
    • Total structure area: 3,722
    • Total interior livable area: 3,722 sqft
    • Finished area above ground: 2,543
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Asphalt, Garage Door Opener, Insulated Garage
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Pool features: None
    • Fencing: None
    Lot
    • Size: 9,016 Square Feet
    • Dimensions: 63 x 131 x 74 x 133
    • Features: Tree Coverage - Light
    Details
    • Foundation area: 1179
    • Parcel number: 1202921330099
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 2017

    Utilities & green energy

    • Electric: Circuit Breakers, Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected
    • Utilities for property: Underground Utilities

    Community & HOA

    Community
    • Subdivision: Village Preserve 2nd Add
    HOA
    • Has HOA: Yes
    • Services included: Other, Professional Mgmt
    • HOA fee: $130 quarterly
    • HOA name: Cities Management
    • HOA phone: 612-381-8600
    Location
    • Region: Lake Elmo

    Financial & listing details

    • Price per square foot: $174/sqft
    • Tax assessed value: $599,400
    • Annual tax amount: $5,907
    • Date on market: 6/24/2025
    • Cumulative days on market: 16 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/7/2025Sold$647,000-0.5%$174/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6738470 Report a problem
    7/10/2025Pending sale$650,000$175/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6738470 Report a problem
    6/24/2025Listed for sale$650,000+2.4%$175/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6738470 Report a problem
    7/13/2022Sold$635,000+2.4%$171/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6202059 Report a problem
    6/12/2022Pending sale$619,900$167/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6202059 Report a problem
    6/9/2022Listed for sale$619,900+31.7%$167/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6202059 Report a problem
    8/4/2017Sold$470,800$126/sqft
    Source: NorthstarMLS as distributed by MLS GRID #4809819 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,910 +7.8%$599,400 +0.1%
    2024$5,484 +10.7%$599,000 +6.7%
    2023$4,952 +1.9%$561,400 +19.7%
    2022$4,858 +13.9%$469,200
    2021$4,264 -1.4%$469,200 +0.4%
    2020$4,326 $467,300
    2019$4,326 $467,300 +8%
    2018$4,326 +1.6%$432,600 +232.8%
    2017$4,256 +1246.8%$130,000 +1869.7%
    2016$316 $6,600
    Find assessor info on the county website

    Neighborhood: 55042

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $654,500
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    Estimated market value
    $654,500