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1661 Palmer Dr N, Lake Elmo, MN, 55042

$950,145

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath
3,389 SqFt
$280/SqFt
House

Location

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1661 Palmer Dr N, Lake Elmo$950,145

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Concrete, Garage Door Opener, Other
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceAmusement Room, Family Room, Gas, Other, Stone
MLS #6604102
StatusActive

About 1661 Palmer Dr N

This home is under construction and will be complete in February. Ask about savings up to $15,000 when using Seller's Preferred Lender! This new single-family home design combines comfort and elegance. An open-plan layout melds a Great Room with a fireplace, a kitchen with a large center island and a dining room with a backyard door. A secluded study offers privacy or an extra bedroom. The owner’s suite features a bedroom with a box vault ceiling, a luxe bathroom and a walk-in closet. The lower level comes completed with a finished rec-room, another bedroom, and a 3/4 bath! Residents enjoy easy access to numerous local attractions, outdoor recreation, shopping and dining. The St. Croix River, Saint Croix Vineyards, downtown Stillwater and the Lake Elmo Inn are all just a short drive away.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 3,389 SqFt

Listing Office:

  • Office Name: Lennar Sales Corp

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Exhaust Fan, Humidifier, Microwave, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Oven
  • Basement: Yes
  • Fireplace: Amusement Room, Family Room, Gas, Other, Stone

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Garage Door Opener, Other

Virtual/3D Tour

  • 3D Tour: 1661 Palmer Dr N
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Lot Features

Lot Information:

  • Lot: On Golf Course, Underground Utilities

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Oak-Land Junior High School, Public District Grades 7-9
  • Stillwater Area High School, Public District Grades 10-12
  • Lake Elmo Elementary, Public District Grades KG-6

Other

Directions Information:

  • Directions: 694 to 10th street. 10th street E to Palmer Drive N. Left into community.

Price Information

Listing Price Info

Price Summary:

  • List Price: $950,145
  • Price Per SqFt: $280/SqFt

HOA Fees:

  • Amount: $244
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Lake Elmo, MN.

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Lake Elmo, MN

City

Med. Sold Price

$679.9K

Med. Price/SqFt

$223

Avg. Days On Market

37

# of Sold Homes

20

1661 Palmer Dr N vs Lake Elmo

3 DAYS ON ROCKET

-34 Days

$950,145

+$270.2K More

$280/SqFt

+$57 More

KEY TAKEAWAY

This property is $270.2K more than the Median Sold Price and $57/SqFt more than other homes in Lake Elmo, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6604102

Listing Office:

  • Office Name: Lennar Sales Corp

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Last updated on: 9/20/2024, 10:22:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$5,054

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,915

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-173286
6
/10

  • Lake Elmo Elementary

  • 11030 Stillwater Blvd N

  • 2.01 miles

  • Public District Grades KG-6

High School

school-card-donut-173287
5
/10

  • Oak-Land Junior High School

  • 820 Manning Ave N

  • 1.14 miles

  • Public District Grades 7-9

school-card-donut-173288
8
/10

  • Stillwater Area High School

  • 5701 Stillwater Blvd N

  • 4.15 miles

  • Public District Grades 10-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,286. Typical income of Lake Elmo, MN residents is less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1661 Palmer Dr N

What is the listing price of this property?

The listing price of 1661 Palmer Dr N property is $950,145.

What type of property is this?

The property 1661 Palmer Dr N is a house located in Lake Elmo, Minnesota, 55042.

Is this property for sale now?

Active Listing: 1661 Palmer Dr N is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1661 Palmer Dr N are:
Lake Elmo Elementary: GreatSchools Rating 6/10
Oak-Land Junior High School: GreatSchools Rating 5/10
Stillwater Area High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 1661 Palmer Dr N has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1661 Palmer Dr N is 3,389 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1661 Palmer Dr N is 2024.

Rocket Homes›Minnesota›Washington County›Lake Elmo›55042›1661 Palmer Dr N

This home is located at 1661 Palmer Dr N in Lake Elmo, MN and zip code 55042. This 3,389 square foot home was built in 2024. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 17, 2024 and is currently priced at $950,145.

In August 2024, from all listings sold in Lake Elmo, MN there were more than 3 sold above asking price, over 12 sold below and more than 5 were sold right at the asked price. In August 2024 in Lake Elmo, MN there were 2.9% more homes for sale than in July 2024. While the average time on the market in August 2024 was 37 days, the median list price was $679,916.

From Rocket Homes Real Estate and based on county public records data.

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