***Ask how you can qualify for savings up to $15,000 by using Seller's Preferred Lender***
Exceptional opportunity for a NEW Luxury Villa backing to Royal Golf Course! Lawn care and snow removal are done by the HOA! Incredible long views of the course and a long list of luxury features!
Our popular Monaco plan! Custom cabinetry, 2 fireplaces, over-sized 3 car fully insulated garage, 4 season porch/sunroom on the back, bar rough in at the lower level, no homes will be built across the street in the front-just an open/nature view, oversized homesite and more!
Concrete driveway, LP Smartside siding and the yard is finished with sprinkler and landscaping! Ready in June! Upscale community, great location nestled in a beautiful area with mature trees, ponds, wetlands and scenery! Walking trails in the community, pool and fitness center, and great proximity to I-94 and 494/694! Lake Elmo Park Reserve is close by, great shopping in the Woodbury and Stillwater areas nearby. See you soon!
Closed
$925,240
1525 Palmer Dr N, Lake Elmo, MN 55042
3beds
3,448sqft
Single Family Residence
Built in 2024
0.31 Acres Lot
$909,500 Zestimate®
$268/sqft
$4,554 Estimated rent
Home value
$909,500
$855,000 - $964,000
$4,554/mo
Zestimate® history
Owner options
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$5,994/mo
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$5,994/mo
Est. payment
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List your homeWhat's special
New luxury villaMature treesFitness centerOversized homesiteGreat shoppingRoyal golf courseCustom cabinetry
Zillow last checked:
Listing updated:
Listed by:
Christine A Maatz 952-373-0485,
Lennar Sales Corp
Bought with:
Chris Rehfeld
Coldwell Banker Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6479640
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 195 Square Feet
- Dimensions: 15x13
Bedroom 2
- Level: Lower
- Area: 182 Square Feet
- Dimensions: 14x13
Bedroom 3
- Level: Lower
- Area: 156 Square Feet
- Dimensions: 12x13
Dining room
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Family room
- Level: Main
- Area: 210 Square Feet
- Dimensions: 15x14
Other
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Kitchen
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16x13
Other
- Level: Main
- Area: 42 Square Feet
- Dimensions: 7x6
Recreation room
- Level: Lower
- Area: 558 Square Feet
- Dimensions: 31x18
Study
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12x13
Other
- Level: Lower
- Area: 342 Square Feet
- Dimensions: 19x18
Heating
- Forced Air, Humidifier, Zoned
Cooling
- Central Air, Zoned
Appliances
- Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, ENERGY STAR Qualified Appliances, Exhaust Fan, Humidifier, Microwave, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Wall Oven
- Laundry: Gas Dryer Hookup, Laundry Room, Main Level, Washer Hookup
Features
- Basement: Daylight,Drain Tiled,Finished,Other,Concrete,Sump Pump
- Number of fireplaces: 2
- Fireplace features: Amusement Room, Family Room, Gas, Other, Stone
Interior area
- Total structure area: 3,448
- Total interior livable area: 3,448 sqft
- Finished area above ground: 2,108
- Finished area below ground: 1,340
Property
Parking
- Total spaces: 3
- Parking features: Attached, Concrete, Garage Door Opener, Insulated Garage, Other
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Door Height (8), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Has private pool: Yes
- Pool features: In Ground, Outdoor Pool, Shared
- Fencing: None
Lot
- Size: 0.31 Acres
- Dimensions: 95 x 151 x 83 x 150
- Features: On Golf Course, Sod Included in Price
Details
- Foundation area: 1972
- Parcel number: 2502921240006
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Concrete, Frame
- Roof: Age 8 Years or Less,Architectural Shingle,Asphalt,Pitched
Condition
- New construction: Yes
- Year built: 2024
Details
- Builder name: LENNAR
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service, Power Company: Xcel Energy
- Gas: Electric, 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
- Services included: Lawn Care, Professional Mgmt, Recreation Facility, Sanitation, Shared Amenities, Snow Removal
- HOA fee: $244 monthly
- HOA name: Associa
- HOA phone: 763-225-6400
Location
- Region: Lake Elmo
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $327,100
- Annual tax amount: $3,768
- Date on market: 1/20/2024
- Cumulative days on market: 8 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2024 | Sold | $925,240-3.4%$268/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6479640 Report a problem | ||
| 1/29/2024 | Pending sale | $957,615$278/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6479640 Report a problem | ||
| 1/20/2024 | Listed for sale | $957,615+2.8%$278/sqft |
Source:  Lennar Homes Report a problem | ||
| 10/22/2023 | Listing removed | -- |
Source: Lennar Homes Report a problem | ||
| 9/22/2023 | Price change | $931,510+4%$270/sqft |
Source: Lennar Homes Report a problem | ||
| 9/15/2023 | Price change | $895,510-2.9%$260/sqft |
Source: Lennar Homes Report a problem | ||
| 8/12/2023 | Price change | $922,225-0.2%$267/sqft |
Source: Lennar Homes Report a problem | ||
| 8/1/2023 | Price change | $923,655+0.4%$268/sqft |
Source: Lennar Homes Report a problem | ||
| 5/30/2023 | Price change | $919,655+0.2%$267/sqft |
Source: Lennar Homes Report a problem | ||
| 5/6/2023 | Price change | $917,655-3.3%$266/sqft |
Source: Lennar Homes Report a problem | ||
| 4/27/2023 | Price change | $948,655-0.2%$275/sqft |
Source: Lennar Homes Report a problem | ||
| 3/8/2023 | Price change | $950,605+6.7%$276/sqft |
Source: Lennar Homes Report a problem | ||
| 2/9/2023 | Listed for sale | $890,605$258/sqft |
Source: Lennar Homes Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,768 +22.7% | $327,100 +13.9% |
| 2024 | $3,070 -4.8% | $287,100 -7.5% |
| 2023 | $3,224 +2049.3% | $310,300 +2485.8% |
| 2022 | $150 | $12,000 |
Find assessor info on the county website
Neighborhood: 55042
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Nearby schools
GreatSchools rating
- 7/10Lake Elmo Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 7/10Oak-Land Middle SchoolGrades: 6-8Distance: 0.9 mi
- 10/10Stillwater Area High SchoolGrades: 9-12Distance: 4.2 mi
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Estimated market value
$909,500
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Estimated market value
$909,500
- Minnesota
- Washington County
- Lake Elmo
- 55042
- 1525 Palmer Dr N
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