With 5,196 square feet of thoughtfully designed living space and a spacious .3-acre homesite, this remarkable two-story home offers endless possibilities for both relaxing and entertaining. Step inside to find a formal living room and a formal dining room—ideal spaces for special gatherings and celebrations. The expansive open-plan Great Room features a striking gas fireplace, creating a warm and inviting focal point, while nearby French doors open to a flexible office or study, perfect for working from home in style. A generous 3-car garage offers ample space for vehicles and storage. Upstairs, four bedrooms—including an impressive owner's suite—provide private retreats for the entire family, complemented by a versatile loft ideal for games, study time, or daily living. Head to the finished lower level for the fifth bedroom, adjacent bath, spacious recreation room, and game room—an entertainer's dream! Homes with this level of design and comfort don't become available often—act quickly to make it yours!
Pending
Price cut: $35.4K (10/30)
$950,000
11400 Masters St N, Lake Elmo, MN 55042
5beds
5,196sqft
Single Family
Built in 2026
0.3 Acres Lot
$-- Zestimate®
$183/sqft
$102/mo HOA
What's special
Striking gas fireplaceFifth bedroomFormal dining roomFrench doorsFour bedroomsFinished lower levelFlexible office or study
- 10 days
- 26
- 4
Zillow last checked:
Listing updated:
Listed by:
Christine A Maatz 952-373-0485,
Lennar Sales Corp
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7167047
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 2
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 285 Square Feet
- Dimensions: 19 x 15
Bedroom 2
- Level: Upper
- Area: 121 Square Feet
- Dimensions: 11 x 11
Bedroom 3
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 11 x 13
Bedroom 4
- Level: Upper
- Area: 154 Square Feet
- Dimensions: 14 x 11
Bedroom 5
- Level: Lower
- Area: 110 Square Feet
- Dimensions: 11x10
Dining room
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11 x 14
Game room
- Level: Lower
- Area: 260 Square Feet
- Dimensions: 20x13
Great room
- Level: Main
- Area: 285 Square Feet
- Dimensions: 19 x 15
Informal dining room
- Level: Main
- Area: 144 Square Feet
- Dimensions: 9 x 16
Kitchen
- Level: Main
- Area: 210 Square Feet
- Dimensions: 10 x 21
Living room
- Level: Main
- Area: 143 Square Feet
- Dimensions: 11 x 13
Loft
- Level: Upper
- Area: 252 Square Feet
- Dimensions: 18 x 14
Office
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11 x 11
Recreation room
- Level: Lower
- Area: 490 Square Feet
- Dimensions: 35x14
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Exhaust Fan, Humidifier, Microwave, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Wall Oven
- Laundry: Gas Dryer Hookup, Laundry Room, Sink, Upper Level, Washer Hookup
Features
- Basement: Finished
- Number of fireplaces: 1
- Fireplace features: Family Room, Gas
Interior area
- Total structure area: 5,608
- Total interior livable area: 5,196 sqft
- Finished area above ground: 3,848
- Finished area below ground: 1,348
Property
Parking
- Total spaces: 3
- Parking features: Attached, Concrete, Garage Door Opener
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
- Has private pool: Yes
- Pool features: In Ground, Outdoor Pool, Shared
Lot
- Size: 0.3 Acres
- Features: Sod Included in Price
Details
- Foundation area: 1760
- Parcel number: TBD
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Concrete, Frame
- Roof: Age 8 Years or Less,Asphalt
Condition
- New construction: Yes
- Year built: 2026
Details
- Builder name: LENNAR
Utilities & green energy
- Electric: 200+ Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
- Utilities for property: Underground Utilities
Community & HOA
Community
- Subdivision: Royal Club
HOA
- Has HOA: Yes
- Amenities included: Other, Trail(s)
- Services included: Other, Professional Mgmt, Recreation Facility, Shared Amenities
- HOA fee: $306 quarterly
- HOA name: Associa
- HOA phone: 763-225-6400
Location
- Region: Lake Elmo
Financial & listing details
- Price per square foot: $183/sqft
- Tax assessed value: $275,000
- Annual tax amount: $374
- Date on market: 10/30/2026
- Date available: 02/08/2027
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/30/2026 | Pending sale | $950,000-3.6%$183/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7167047 Report a problem | ||
| 10/30/2026 | Listed for sale | $985,355-3%$190/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7167047 Report a problem | ||
| 8/6/2026 | Listing removed | $1,015,355$195/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7097142 Report a problem | ||
| 8/5/2026 | Price change | $1,015,355+12.8%$195/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7097142 Report a problem | ||
| 6/22/2026 | Pending sale | $899,775$173/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7097142 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $374 | $275,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 55042
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