Exquisite mid-century modern walkout rambler set on an exceptional lakefront lot with Lake Olson frontage, offering one of the most breathtaking, unobstructed views you will find! This home is perfectly positioned to capture the full length of the lake, where morning sun pours in and evenings bring glowing sunsets across the water, a daily “magic moment” the sellers have cherished for decades. Absolutely incredible 0.88 acre lot featuring a gentle, gradual slope that leads effortlessly down to beautiful sand bottom lakeshore, creating an ideal setting for relaxing, entertaining, and enjoying the water. Whether you are looking for easy access to the lake or simply want a peaceful place to take in the view, this property delivers in a way that is truly one of a kind. Inside the home offers a spacious and functional layout with an open main living area, large windows that frame the lake, and a floor plan that provides privacy for guests in the lower level. Generous room sizes and a layout designed for both everyday living and hosting make this home as practical as it is inviting. The screen porch offers a comfortable, mosquito free space to enjoy the outdoors throughout the seasons. Located within the sought-after and welcoming Tri Lakes community, known for its annual water ski show, neighborhood events, and easy access to Gateway Trail & Pebble Park, adding to the lifestyle and sense of community this location provides. Homes with this combination of a walkout design, premium lot, and stunning lake views rarely become available. This is a special opportunity to create your next chapter in a setting that has been loved and enjoyed for over 50 years. Please note the current septic system is non-compliant and seller may escrow for a new system or install a new system, with an acceptable offer.
Closed
$975,000
7831 50th St N, Lake Elmo, MN 55042
3beds
2,680sqft
Single Family
Built in 1964
0.89 Acres Lot
$975,500 Zestimate®
$364/sqft
$3,515 Estimated rent
Home value
$975,500
$917,000 - $1.03M
$3,515/mo
Zestimate® history
Owner options
List your home for rent
$3,515/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,515/mo
Rent Zestimate®
Refinance and save
$6,052/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$6,052/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Stephanie Checkley 651-615-7482,
Keller Williams Premier Realty
Bought with:
Dan Duddingston
Engel & Volkers Minneapolis Downtown
Dave Duddingston
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7052350
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 336 Square Feet
- Dimensions: 16x21
Bedroom 2
- Level: Main
- Area: 135 Square Feet
- Dimensions: 15x9
Bedroom 3
- Level: Main
- Area: 121 Square Feet
- Dimensions: 11x11
Dining room
- Level: Main
- Area: 247 Square Feet
- Dimensions: 19x13
Family room
- Level: Lower
- Area: 441 Square Feet
- Dimensions: 21x21
Kitchen
- Level: Main
- Area: 252 Square Feet
- Dimensions: 18x14
Living room
- Level: Main
- Area: 390 Square Feet
- Dimensions: 26x15
Screened porch
- Level: Main
- Area: 189 Square Feet
- Dimensions: 21x9
Heating
- Baseboard
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator
Features
- Basement: Daylight,Finished,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Double Sided, Living Room
Interior area
- Total structure area: 2,680
- Total interior livable area: 2,680 sqft
- Finished area above ground: 1,340
- Finished area below ground: 635
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
- Details: Garage Dimensions (23x21)
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio, Porch, Screened
- Has view: Yes
- View description: Panoramic
- Waterfront features: Lake Front, Lake Bottom(Sand)
Lot
- Size: 0.89 Acres
- Dimensions: 381 x 249 x 224 x 63
- Features: Accessible Shoreline
Details
- Foundation area: 1340
- Parcel number: 0802921110003
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1964
Utilities & green energy
- Gas: Electric
- Sewer: Septic System Compliant - No
- Water: Private
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lake Elmo
Financial & listing details
- Price per square foot: $364/sqft
- Tax assessed value: $737,900
- Annual tax amount: $8,161
- Date on market: 6/12/2026
- Cumulative days on market: 25 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Sold | $975,000-11.4%$364/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7052350 Report a problem | ||
| 5/1/2026 | Listed for sale | $1,100,000$410/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7052350 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,164 +7.2% | $737,900 +0.1% |
| 2024 | $7,614 +1.1% | $737,400 +2.9% |
| 2023 | $7,534 +8% | $716,600 +20.5% |
| 2022 | $6,976 +7.6% | $594,700 |
| 2021 | $6,482 -1.9% | $594,700 +2.5% |
| 2020 | $6,606 | $580,300 |
| 2019 | $6,606 | $580,300 +0.7% |
| 2018 | $6,606 +3% | $576,200 +2.5% |
| 2017 | $6,412 +2.5% | $562,300 +0.6% |
| 2016 | $6,258 +4.4% | $558,700 +13% |
| 2015 | $5,994 | $494,500 +13% |
| 2013 | $5,994 +33.7% | $437,500 +8.5% |
| 2012 | $4,482 | $403,400 -4.1% |
| 2011 | $4,482 -7.7% | $420,700 -18.4% |
| 2010 | $4,858 +1.5% | $515,800 |
| 2009 | $4,788 -16.6% | -- |
| 2008 | $5,742 +0.8% | -- |
| 2007 | $5,698 +3.9% | -- |
| 2006 | $5,484 +13.4% | -- |
| 2005 | $4,837 +9.9% | -- |
| 2004 | $4,401 | -- |
Find assessor info on the county website
Neighborhood: 55042
Nearby homes
- $825,0004 bd3 ba3.5k sqft7851 50th St N, Lake Elmo, MN 55042Sold
- $478,9004 bd2 ba1.3k sqft7803 50th St N, LAKE ELMO, MN 55042Off Market
- $645,9004 bd2 ba1.3k sqft7803 50th St N, Lake Elmo, MN 55042Off Market
- $513,6004 bd3 ba2.8k sqft4941 Olson Lake Trl N, LAKE ELMO, MN 55042Off Market
- $794,3004 bd3 ba1.5k sqft4941 Olson Lake Trl N, Lake Elmo, MN 55042Off Market
- $520,2003 bd2 ba1.5k sqft7818 50th St N, Lake Elmo, MN 55042Off Market
- $995,3004 bd3 ba2.9k sqft4911 Olson Lake Trl N, Lake Elmo, MN 55042Off Market
- $528,7003 bd2 ba2k sqft7808 Demontreville Trl N, Lake Elmo, MN 55042Off Market
Nearby schools
GreatSchools rating
- 7/10Castle Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 3/10John Glenn Middle SchoolGrades: 6-8Distance: 4.3 mi
- NAThe Next StepGrades: 11-12Distance: 2.1 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$975,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$975,500
- Minnesota
- Washington County
- Lake Elmo
- 55042
- 7831 50th St N
Nearby cities
Nearby zip codes
Other Lake Elmo Topics
