Welcome home to this beautifully updated one-level living townhome, a desirable end unit offering extra privacy and natural light throughout. Nestled against a serene pond backdrop, this home provides peaceful views and a relaxing setting you’ll enjoy year-round. Step inside to discover brand new flooring that flows seamlessly across the main living spaces, creating a fresh and modern feel. The kitchen features stylish finishes, ample cabinetry, and great functionality for everyday living or entertaining. You'll love the large island and appreciate the remote-controlled blind in the bay window over the sink. All bathrooms have been tastefully renovated, offering a clean, contemporary design. The main level is designed for true one-level living, complete with a convenient laundry area featuring a utility sink and built-in cabinetry for added storage and organization. Downstairs, the finished lower level expands your living space with a welcoming area perfect for gatherings, highlighted by a custom wet bar and built-in shelving—ideal for entertaining or relaxing. You'll find another bedroom and full bath on this level as well as an office and flex room, ideal for exercise or crafting. Additional upgrades include central vac system, and an epoxy-coated garage floor, providing durability and a polished look that enhances the space. As an end unit, you’ll appreciate the added windows, increased privacy, and open feel compared to interior units. Whether you're enjoying morning coffee overlooking the pond, hosting guests in the spacious lower level, or simply appreciating the ease of single-level living, this home offers a perfect blend of comfort, style, and convenience. Move-in ready and meticulously maintained, this townhome is a rare find—combining modern updates with a peaceful setting and functional layout designed for today’s lifestyle.
Closed
$450,000
7240 Lake Ridge Dr, Savage, MN 55378
2beds
2,500sqft
(TH) Side x Side
Built in 2001
3,485 Square Feet Lot
$450,800 Zestimate®
$180/sqft
$2,396 Estimated rent
Home value
$450,800
$428,000 - $473,000
$2,396/mo
Zestimate® history
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List your homeWhat's special
Large islandKitchen features stylish finishesSingle-level livingAmple cabinetryCentral vac system
Zillow last checked:
Listing updated:
Listed by:
Susan P. Nomeland 612-600-4009,
Edina Realty, Inc.
Bought with:
Leah D. Hetzel
LPT Realty, LLC
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7041318
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16x12
Bedroom 2
- Level: Lower
- Area: 165 Square Feet
- Dimensions: 15x11
Deck
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Dining room
- Level: Main
- Area: 130 Square Feet
- Dimensions: 13x10
Family room
- Level: Lower
- Area: 375 Square Feet
- Dimensions: 25x15
Flex room
- Level: Lower
- Area: 90 Square Feet
- Dimensions: 10x9
Kitchen
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13x11
Laundry
- Level: Main
- Area: 72 Square Feet
- Dimensions: 9x8
Living room
- Level: Main
- Area: 270 Square Feet
- Dimensions: 18x15
Office
- Level: Lower
- Area: 120 Square Feet
- Dimensions: 12x10
Sun room
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12x11
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Central Vacuum, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Humidifier, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned, Wine Cooler
- Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
Features
- Central Vacuum
- Basement: Daylight,Drain Tiled,Finished,Full,Concrete,Storage Space,Sump Basket,Sump Pump,Tile Shower,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Gas, Living Room
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
- Finished area above ground: 1,440
- Finished area below ground: 1,060
Property
Parking
- Total spaces: 2
- Parking features: Attached, Asphalt, Garage, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Composite Decking, Deck
- Pool features: None
- Fencing: None
- Waterfront features: Pond
Lot
- Size: 3,485 sqft
Details
- Foundation area: 1296
- Parcel number: 263080060
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Townhouse
- Property subtype: (TH) Side x Side
- Attached to another structure: Yes
Materials
- Concrete, Frame
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 2001
Utilities & green energy
- Electric: Circuit Breakers, 200+ Amp Service
- Gas: Natural Gas
- Sewer: City Sewer - In Street
- Water: City Water - In Street
Community & neighborhood
Location
- Region: Savage
- Subdivision: Weston Woods Of Peninsula Pt
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $465 monthly
- Amenities included: In-Ground Sprinkler System
- Services included: Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Sanitation, Sewer, Snow Removal
- Association name: New Concept Management
- Association phone: 952-922-2500
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Sold | $450,000$180/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7041318 Report a problem | ||
| 4/17/2026 | Pending sale | $450,000$180/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7041318 Report a problem | ||
| 4/10/2026 | Listing removed | $450,000$180/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7041318 Report a problem | ||
| 4/2/2026 | Listed for sale | $450,000+69.8%$180/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7041318 Report a problem | ||
| 11/12/2013 | Sold | $265,000-14%$106/sqft |
Source:  Lake Superior Area Realtors as distributed by MLS GRID #2095680 Report a problem | ||
| 9/17/2001 | Sold | $308,018$123/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,304 +1.2% | $418,500 +0.8% |
| 2024 | $4,252 +1.5% | $415,100 +3.1% |
| 2023 | $4,190 +0.9% | $402,500 -1% |
| 2022 | $4,154 +3.4% | $406,500 +17.7% |
| 2021 | $4,016 +0.5% | $345,300 +10.4% |
| 2020 | $3,998 | $312,700 |
| 2019 | $3,998 -2% | $312,700 |
| 2018 | $4,078 +5.9% | -- |
| 2016 | $3,852 | -- |
| 2014 | $3,852 | -- |
| 2013 | -- | $247,900 |
| 2012 | -- | $247,900 -7.8% |
| 2011 | $4,100 +5% | $268,800 -6.7% |
| 2010 | $3,904 -8.8% | $288,000 -10.6% |
| 2009 | $4,282 +8.5% | $322,200 |
| 2008 | $3,946 -2.3% | -- |
| 2007 | $4,040 +0.5% | -- |
| 2006 | $4,018 +3.9% | -- |
| 2005 | $3,866 -8.4% | -- |
| 2004 | $4,220 +6.9% | -- |
| 2003 | $3,948 +7796% | -- |
| 2002 | $50 -89.8% | -- |
| 2001 | $490 | -- |
Find assessor info on the county website
Neighborhood: 55378
Nearby schools
GreatSchools rating
- 7/10Glendale Elementary SchoolGrades: K-5Distance: 0.7 mi
- 8/10Hidden Oaks Middle SchoolGrades: 6-8Distance: 2.3 mi
- 9/10Prior Lake High SchoolGrades: 9-12Distance: 1.1 mi
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Estimated market value
$450,800
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Estimated market value
$450,800
- Minnesota
- Scott County
- Savage
- 55378
- 7240 Lake Ridge Dr
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