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  • $579,900

    2055 Balsam Way, Lino Lakes, MN 55038

    5beds
    3,294sqft
    Single Family
    Built in 2020
    0.4 Acres Lot
    $590,700 Zestimate®
    $176/sqft
    $3,855 Estimated rent

    Home value

    $590,700

    $538,000 - $650,000

    $3,855/mo

    Zestimate® history
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    What's special

    Like New Construction with All the Upgrades – 5 Bed, 4 Bath, Walkout Basement & More! This stunning home in a highly sought-after, newer development offers the best of both worlds: the appeal of new construction without the wait or added costs. With over 3000 sq. ft. of finished living space, this home is move-in ready and includes all the features you’ve been looking for, plus a one-of-a-kind location with one of the largest fenced-in yards in the development. Enjoy your spacious, maintenance free deck and poured patio, perfect for relaxing or entertaining. Inside, the open-concept floor plan features a beautiful kitchen, expansive living areas, and a flex room that can be customized to your needs – whether as a home office, playroom, or additional sitting area. Upstairs, the generous primary suite offers exceptional space, a large bathroom with a double sink and walk-in closet. Three of the four upstairs bedrooms feature walk-in closets. The fully finished walkout basement expands your living space with a large family room, additional bedroom, and 3/4 bath, providing plenty of room. This home is located in a vibrant community with tons of amenities, including basketball and pickleball courts, a fitness center, a Club House for social gatherings, a community dock, and more. You’ll love the sense of community and all the recreation options just steps from your door. This home is also located in the highly rated Centennial School District and allows for easy access to shopping, dining, and major highways. Why wait for new construction when you can have it all now? This home is a true gem, offering exceptional value with all the upgrades and space you need. Schedule your private showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristina Ganske 651-303-1139,

    eXp Realty,

    Garrett Ganske 612-600-3240

    Bought with:

    Clint Kuipers

    RE/MAX Advantage Plus

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6632723MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 1
    • 3/4 bathrooms: 2
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 196 Square Feet
    • Dimensions: 14x14
    Bedroom 2
    • Level: Upper
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Bedroom 3
    • Level: Upper
    • Area: 143 Square Feet
    • Dimensions: 11x13
    Bedroom 4
    • Level: Upper
    • Area: 121 Square Feet
    • Dimensions: 11x11
    Bedroom 5
    • Level: Lower
    • Area: 132 Square Feet
    • Dimensions: 11x12
    Deck
    • Level: Main
    • Area: 252 Square Feet
    • Dimensions: 21x12
    Dining room
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 11x13
    Family room
    • Level: Lower
    • Area: 442 Square Feet
    • Dimensions: 26x17
    Flex room
    • Level: Main
    • Area: 143 Square Feet
    • Dimensions: 11x13
    Kitchen
    • Level: Main
    • Area: 169 Square Feet
    • Dimensions: 13x13
    Laundry
    • Level: Upper
    • Area: 30 Square Feet
    • Dimensions: 5x6
    Living room
    • Level: Main
    • Area: 289 Square Feet
    • Dimensions: 17x17
    Mud room
    • Level: Main
    • Area: 64 Square Feet
    • Dimensions: 8x8
    Utility room
    • Level: Lower
    • Area: 238 Square Feet
    • Dimensions: 14x17
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
    • Laundry: Gas Dryer Hookup, Laundry Room, Upper Level, Washer Hookup
    Features
    • Basement: Daylight,Finished,Full,Concrete,Storage Space,Sump Pump,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 3,294
    • Total interior livable area: 3,294 sqft
    • Finished area above ground: 2,224
    • Finished area below ground: 811

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Asphalt, Garage Door Opener
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (21x21)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Composite Decking, Deck, Front Porch, Patio
    • Pool features: None
    • Fencing: Chain Link,Full
    • Waterfront features: Pond
    Lot
    • Size: 0.4 Acres
    • Dimensions: 44 x 141 x 125 x 140
    • Features: Tree Coverage - Light
    Details
    • Foundation area: 1070
    • Parcel number: 133122330036
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Roof: Age 8 Years or Less
    Condition
    • New construction: No
    • Year built: 2020

    Utilities & green energy

    • Electric: Circuit Breakers, 200+ Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Watermark
    HOA
    • Has HOA: Yes
    • Services included: Dock, Professional Mgmt, Sanitation, Shared Amenities
    • HOA fee: $159 quarterly
    • HOA name: Associa
    • HOA phone: 763-225-6400
    Location
    • Region: Lino Lakes

    Financial & listing details

    • Price per square foot: $176/sqft
    • Tax assessed value: $518,100
    • Annual tax amount: $5,784
    • Date on market: 12/2/2024
    • Cumulative days on market: 96 days

    Price history

    DateEventPrice
    2/4/2025Sold$579,900$176/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6632723 Report a problem
    1/8/2025Pending sale$579,900$176/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6632723 Report a problem
    12/5/2024Listed for sale$579,900-0.9%$176/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6632723 Report a problem
    10/17/2024Listing removed$584,900-1.7%$178/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6597931 Report a problem
    9/10/2024Listed for sale$594,900$181/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6597931 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,985 +3.5%$518,100 +3.8%
    2024$5,784 +3.1%$499,300 -3.7%
    2023$5,612 +10%$518,500 +2.5%
    2022$5,102 $505,700 +27.7%
    2021-- $396,100
    Find assessor info on the county website

    Neighborhood: 55038

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $590,700
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    Estimated market value
    $590,700