2 months on rocket

720 Lanewood Ln N, Plymouth, MN, 55447

$2,450,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
5,539 SqFt
$442/SqFt
House

Location

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720 Lanewood Ln N, Plymouth$2,450,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Garage, Insulated Garage
Attached Garage4 spaces
Year BuiltNew Const., 2024
HeatingForced Air
CoolingCentral Air
BasementYes
FireplaceLiving Room, Other
MLS #6592788
StatusActive

About 720 Lanewood Ln N

LDK Builders 2024 Fall Parade of Homes model is now complete and ready to view. Don't miss this incredible opportunity to own in this quiet, close in Plymouth/Wayzata border neighborhood. Perfectly situated on this amazing and private 1 acre lot with great access to downtown Wayzata, highways and Ridgedale. Less than a block to the neighborhood park and blocks to the Luce line trail corridor. This home features over 5500 Finished square feet plus and amazing oversized screened porch with custom fireplace and great access to the backyard patio and yard. You're going to fall in love with the charming and quality designer finishes throughout this home including the rich white oak hardwood floors, the custom inset cabinetry with commercial Monogram appliances, cambria countertops throughout, coastal natural finishes, custom wallpaper in the powder and primary, oversized sport court in the lower level, gorgeous primary suite with amazing attention to detail plus full customized walk in closet is sure to please the most discerning taste. Dont miss the fully insulated and heated 4 plus car garage, this lot has plenty of room for a future pool and endless opportunities for the backyard. Award winning Wayzata school district and ready to occupy in October.

Property Details

Property Features

Property Information:

  • Year Built: 2024
  • Living Area: 5,539 SqFt

Listing Office:

  • Office Name: RE/MAX Results

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Microwave, Refrigerator, Stainless Steel Appliances, Oven
  • Basement: Yes
  • Fireplace: Living Room, Other

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Insulated Garage

Lot Features

Lot Information:

  • Lot: Some Trees

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: 494 S to Carlson Pkwy Exit, R to Gleason Lake Dr, R on Lanewood Ln

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,450,000
  • Price Per SqFt: $442/SqFt

Tax Information:

  • Annual Amount: $2,773
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Plymouth, MN.

Med. Sold Price

$497.7K

Med. Price/SqFt

$207

Avg. Days On Market

35

# of Sold Homes

93

720 Lanewood Ln N vs Plymouth

86 DAYS ON ROCKET

+51 Days

$2,450,000

+$1.9M More

$442/SqFt

+$235 More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price and $235/SqFt more than other homes in Plymouth, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6592788

Listing Office:

  • Office Name: RE/MAX Results

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Last updated on: 11/22/2024, 11:52:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,773$239,000
2019$2,735$213,460
2018$2,694$210,190
2017$2,513$191,660

History based on county public records data.

Payment Calculator

$12.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,412

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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-805213
4
/10
  • Birchview Elementary School

  • 425 Ranchview Ln N

  • 0.49 miles

  • Public District Grades KG-5

school-card-donut-805214
7
/10
  • Sunset Hill Elementary School

  • 13005 Sunset Trl

  • 1.26 miles

  • Public District Grades KG-5

school-card-donut-805215
7
/10
  • Gleason Lake Elementary School

  • 310 County Road 101 N

  • 1.63 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $117,803. Residents of Plymouth, MN typically earn between $100k-200k each year. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Plymouth, MN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Plymouth, MN?

Plymouth's housing market showcases a diverse array of options, with single-family homes being a significant presence, reflecting a mix of contemporary and traditional designs. The area also offers a selection of townhouses and condominiums, catering to a range of preferences and lifestyles. The majority of homes were constructed during a development boom in the late 20th century, with many neighborhoods featuring mature trees and established landscaping.

What are the advantages of living in Plymouth, MN?

Plymouth is celebrated for its family-friendly atmosphere and strong sense of community. The city prides itself on its well-maintained parks and trails, which contribute to the area's serene character. Annual events, such as the popular Music in Plymouth, foster a sense of togetherness and showcase the city's cultural vibrancy.

Are essential services in Plymouth, MN convenient?

The community benefits from a robust educational system, with multiple public schools at the elementary, middle, and high school levels, as well as private educational options. Healthcare services are readily available, with clinics and specialized medical centers providing residents with a range of healthcare needs. The city also features a public library, and a variety of retail and dining options that reflect the local culture.

How do Plymouth, MN residents get around?

Plymouth's transport infrastructure includes a network of major roads and highways, facilitating easy travel to nearby cities and commercial hubs. Public transportation services are available, with routes connecting residents to key areas within the city and beyond. The community is also equipped with bike-friendly lanes and paths, and while some areas are more walkable than others, the city is continuously improving pedestrian accessibility.

Frequently Asked Questions About 720 Lanewood Ln N

What is the listing price of this property?

The listing price of 720 Lanewood Ln N property is $2,450,000.

What type of property is this?

The property 720 Lanewood Ln N is a house located in Plymouth, Minnesota, 55447.

Is this property for sale now?

Active Listing: 720 Lanewood Ln N is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,773 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 720 Lanewood Ln N has 5 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 720 Lanewood Ln N is 5,539 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 720 Lanewood Ln N is 2024.

Rocket Homes›Minnesota›Hennepin County›Plymouth›55447›720 Lanewood Ln N

This home is located at 720 Lanewood Ln N in Plymouth, MN and zip code 55447. This 5,539 square foot home was built in 2024. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $2,450,000.

In October 2024, from all listings sold in Plymouth, MN there were more than 32 sold above asking price, over 47 sold below and more than 14 were sold right at the asked price. In October 2024 in Plymouth, MN there were 6.3% more homes for sale than in September 2024. While the average time on the market in October 2024 was 35 days, the median list price was $497,702.

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

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