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1471 Palmer Dr N, Lake Elmo, MN, 55042

3beds
3baths
3,348sqft
$900,000
$269price/sqft
$5,978/moest. monthly cost
$239,120/yrincome needed

About This Home

**Golf course living, gorgeous views, and a low-maintenance lifestyle—this one has it all!** This like-new, 3-year-old Lennar-built rambler is beautifully situated in Lake Elmo’s sought-after Royal Club Golf Course Community, backing to the championship course and scenic walking trails. Step inside to a bright, sun-filled open floor plan with beautiful neutral finishes, upgraded flooring, designer lighting, and a stunning kitchen designed for both everyday living and entertaining. Large windows bring in tons of natural light while showcasing peaceful golf course views and the beautiful surroundings. The spacious primary suite offers a private retreat, and the thoughtful one-level layout makes everyday living comfortable and convenient. At Royal Club, you’re not just buying a home—you’re buying a lifestyle. Enjoy more free time with lawn care and snow removal handled by the association, plus access to the community pool, fitness center, walking trails, and golf course surroundings. Morning walks, afternoons by the pool, evenings on the course—this is easy living at its best. And the location is hard to beat! You’re just minutes from historic downtown Stillwater, the St. Croix River, Woodbury shopping and dining, parks, trails, and everyday conveniences. **If you’ve been searching for a move-in-ready Lake Elmo rambler with golf course views, main-level living, upscale finishes, and resort-style amenities, this is the one you’ll want to see!**

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

7/10
7/10
Oak-Land Middle SchoolGrades 6-80.8 mi
10/10

Construction

Condition

  • Year built: 2023

Materials

  • Roof: Age 8 Years or Less,Architectural Shingle,Asphalt,Pitched
  • Construction materials: Block

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Cooktop,Dishwasher,Dryer,ENERGY STAR Qualified Appliances,Exhaust Fan,Humidifier,Water Filtration System,Microwave,Refrigerator,Stainless Steel Appliance(s),Wall Oven
  • Laundry features: Laundry Room,Main Level

Basement

  • Has basement: Yes
  • Basement: Drain Tiled,Egress Window(s),Finished,Sump Pump

Bedroom

  • Level: Main
  • Area: 195
  • Dimensions: 15x13

Bedroom2

  • Level: Main
  • Area: 156
  • Dimensions: 13x12

Bedroom3

  • Level: Lower
  • Area: 182
  • Dimensions: 14x13

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 2

Dining Room

  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Family Room

  • Level: Main
  • Area: 210
  • Dimensions: 15x14

Features

  • Number of fireplaces: 2
  • Fireplace features: Amusement Room,Family Room,Gas,Stone
  • Fireplace: Yes
  • Finished area below ground: 1,340
  • Finished area above ground: 2,008

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,492
  • Total interior livable area: 3,348 sqft

Kitchen

  • Level: Main
  • Area: 208
  • Dimensions: 16x13

Other

  • Level: Main
  • Area: 143
  • Dimensions: 13x11

Other

  • Level: Main
  • Area: 42
  • Dimensions: 7x6

Other

  • Level: Lower
  • Area: 342
  • Dimensions: 19x18

Recreation Room

  • Level: Lower
  • Area: 558
  • Dimensions: 31x18

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 2502921310047
  • Zoning description: Residential-Single Family
  • Foundation area: 1972

Features

  • Levels: One
  • Stories: 1
  • Private pool: Yes
  • Pool features: In Ground,Shared
  • Fencing: None

Lot

  • Lot size: 0.28 Acres
  • Features: On Golf Course,Sod Included in Price,Tree Coverage - Light
  • Lot size dimensions: 88 x 151 x 70 x 150

Parking

  • Total spaces: 3
  • Parking features: Attached,Concrete,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Strong Wind
Tornado
Cold Wave
Lightning
Winter Weather

FEMA Declared Disasters in Washington County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,550$54,600
Home Insurance *$421$5,052
Property Taxes $725$8,700
Electricity $282$3,388
Total$5,978$71,736
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$204,960/yr
40% on housing$179,340/yr
45% on housing$159,413/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$269This listing

vs Other Active Listings

Avg $/sqft

ZIP 55042$236
Washington County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 55042$237
Washington County$201

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-24Listed for sale$900,000
2023-09-15Sold$824,990
2023-08-12Pending sale$824,990
2023-08-04Price change$824,990
2023-06-29Price change$849,990
2023-06-16Price change$859,990
2023-06-04Price change$869,990
2023-05-11Price change$879,990
2023-04-21Price change$884,990
2023-04-15Price change$889,990
2023-03-10Price change$899,990
2023-01-19Price change$928,175
2022-12-21Price change$923,175
2022-11-21Price change$933,824
2022-09-28Price change$930,824
2022-09-16Listed for sale$925,824
2020-04-17Sold$451,654

For Sale by Agent

AgentMax Gygi
BrokerageRE/MAX Results

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