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1661 Palmer Dr N, Lake Elmo, MN, 55042

$924,990

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath
3,389 SqFt
$273/SqFt
House

Location

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1661 Palmer Dr N, Lake Elmo$924,990

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 #6630024
StatusActive

About 1661 Palmer Dr N

This home is under construction and will be complete in February. Ask about savings up to $10,000 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! Home includes a deck. 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

Lot Features

Lot Information:

  • Lot: On Golf Course, Underground Utilities

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

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: $924,990
  • Price Per SqFt: $273/SqFt

HOA Fees:

  • Amount: $208
  • 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

$675K

Med. Price/SqFt

$221

Avg. Days On Market

50

# of Sold Homes

11

1661 Palmer Dr N vs Lake Elmo

40 DAYS ON ROCKET

-10 Days

$924,990

+$249.9K More

$273/SqFt

+$51 More

KEY TAKEAWAY

This property is $249.9K more than the Median Sold Price and $51/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: #6630024

Listing Office:

  • Office Name: Lennar Sales Corp

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Last updated on: 12/22/2024, 2:22:49 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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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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.

Nearby Schools

school-card-donut-990843
6
/10

  • Lake Elmo Elementary School

  • 11030 Stillwater Blvd N

  • 2.01 miles

  • Public District Grades PK-5

school-card-donut-990844
6
/10

  • Brookview Elementary School

  • 11099 Brookview Rd

  • 2.78 miles

  • Public District Grades PK-5

school-card-donut-990845
7
/10

  • Eagle Point Elementary School

  • 7850 15th St N

  • 3.28 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

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 $924,990.

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.

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 November 12, 2024 and is currently priced at $924,990.

While more than 1 listings in Lake Elmo, MN in November 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 8 were sold below. The number of listings in Lake Elmo, MN decreased by 3.4% between October 2024 and November 2024. In November 2024, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $675,000.

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

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