Skip main navigation
Active with contingency
    • Price cut: $25K (9/25)
    $489,900

    2107 Balsam Way, Lino Lakes, MN 55038

    4beds
    2,464sqft
    : 
    $3,211/mo
    Get pre-qualified
    Single Family
    Built in 2020
    0.4 Acres Lot
    $489,400 Zestimate®
    $199/sqft
    $73/mo HOA

    What's special

    Fenced backyardEstablished yardStylish kitchenPond viewsOpen-concept main levelFour spacious bedroomsMain-level laundry
    Pond views. No neighbors behind. Newer construction without the wait! Available only due to relocation, this nearly new Lennar two-story in Lino Lakes’ Watermark community offers a premium setting, a fenced backyard, and the opportunity for a quick close. An open-concept main level connects the living, dining, and kitchen spaces, making everyday living and entertaining feel effortless. The stylish kitchen keeps you connected to the conversation, while peaceful pond views provide a beautiful backdrop. Upstairs, four spacious bedrooms offer room to spread out, host guests, or create a dedicated workspace. Main-level laundry adds everyday convenience. Enjoy your own outdoor space with a fenced yard overlooking the pond and no homes directly behind. Whether you’re starting the morning with coffee or winding down in the evening, this setting is a standout. Watermark’s amenities extend your living space beyond the front door. Enjoy a clubhouse with a fireplace lounge, meeting rooms, a communal kitchen, and a fitness center, plus pickleball and basketball courts and neighborhood trails. Located within the Centennial School District, this home brings together modern comfort, outdoor recreation, and convenient access to the Twin Cities. Why wait to build? With its premium lot, established yard, and quick move-in potential, this home offers a compelling opportunity to enjoy the Watermark lifestyle now. Schedule your showing and experience the setting for yourself! Priced below comparable new construction with a fenced in yard already in place.
    102 days
    1,190
    84

    Zillow last checked:

    Listing updated:

    Listed by:

    Maisa Olson 612-237-6655,

    eXp Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7106546MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Bedroom
      • Level: Upper
      • Area: 210 Square Feet
      • Dimensions: 15 x 14
      Bedroom 2
      • Level: Upper
      • Area: 132 Square Feet
      • Dimensions: 12 X 11
      Bedroom 3
      • Level: Upper
      • Area: 132 Square Feet
      • Dimensions: 12 X 11
      Bedroom 4
      • Level: Upper
      • Area: 132 Square Feet
      • Dimensions: 12 X 11
      Dining room
      • Level: Main
      • Area: 150 Square Feet
      • Dimensions: 15 X 10
      Kitchen
      • Level: Main
      • Area: 120 Square Feet
      • Dimensions: 15 X 8
      Living room
      • Level: Main
      • Area: 270 Square Feet
      • Dimensions: 18 X 15
      Office
      • Level: Main
      • Area: 132 Square Feet
      • Dimensions: 12 X 11
      Heating
      • Forced Air
      Cooling
      • Central Air
      Features
      • Basement: Daylight,Full
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 3,504
      • Total interior livable area: 2,464 sqft
      • Finished area above ground: 2,464
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 0.4 Acres
      • Dimensions: 63 x 140
      Details
      • Foundation area: 1224
      • Parcel number: 133122330023
      • Zoning description: Residential-Multi-Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Condition
      • New construction: No
      • Year built: 2020

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: City Sewer/Connected
      • Water: City Water/Connected

      Community & HOA

      Community
      • Subdivision: Watermark
      HOA
      • Has HOA: Yes
      • Amenities included: Boat Dock, Tennis Court(s), Trail(s)
      • Services included: Dock, Professional Mgmt, Shared Amenities
      • HOA fee: $219 quarterly
      • HOA name: Associa
      • HOA phone: 763-225-6400
      Location
      • Region: Lino Lakes

      Financial & listing details

      • Price per square foot: $199/sqft
      • Tax assessed value: $497,800
      • Annual tax amount: $6,245
      • Date on market: 7/9/2026
      • Cumulative days on market: 79 days

        Estimated market value

        $489,400

        $465,000 - $514,000

        $3,033/mo

        Price history

        DateEventPrice
        9/25/2026Price change$489,900-4.9%$199/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7106546 Report a problem
        8/27/2026Price change$514,900-1.9%$209/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7106546 Report a problem
        8/11/2026Price change$524,900-3.1%$213/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7106546 Report a problem
        7/24/2026Price change$541,900-2.3%$220/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7106546 Report a problem
        7/9/2026Listed for sale$554,900-0.9%$225/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7106546 Report a problem
        7/8/2026Listing removed$560,000$227/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7094080 Report a problem
        6/24/2026Price change$560,000-2.6%$227/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7094080 Report a problem
        4/24/2026Listed for sale$575,000+30.7%$233/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7054921 Report a problem
        5/28/2021Sold$440,000+1.1%$179/sqft
        Source: NorthstarMLS as distributed by MLS GRID #5733716 Report a problem
        4/15/2021Pending sale$435,000$177/sqft
        Source: NorthstarMLS as distributed by MLS GRID #5733716 Report a problem
        4/14/2021Listing removed--
        Source: NorthstarMLS as distributed by MLS GRID #5733716 Report a problem
        4/9/2021Listed for sale$435,000+11%$177/sqft
        Source: NorthstarMLS as distributed by MLS GRID #5733716 Report a problem
        5/4/2020Sold$392,000$159/sqft
        Source: NorthstarMLS as distributed by MLS GRID #5546960 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,703 +3.8%$496,052 +4.4%
        2024$5,492 +1.9%$475,015 -4.2%
        2023$5,391 +10.8%$495,700 +1.8%
        2022$4,864 $486,800 +28.1%
        2021-- $380,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 55038

        Getting around

        14 / 100
        Car-Dependent
        43 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts

        Similar homes

            Nearby cities

            Nearby zip codes

            Other Lino Lakes Topics

              Search
              Updates
              Favorites
              Plan
              Inbox