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7831 50th St N, Lake Elmo, MN, 55042

3beds
3baths
2,680sqft
$1,100,000
$410price/sqft
$7,328/moest. monthly cost
$293,120/yrincome needed

About This Home

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.

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

7/10
Castle Elementary SchoolGrades PK-51.1 mi
3/10
John Glenn Middle SchoolGrades 6-84.3 mi
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The Next StepGrades 11-122.1 mi

Construction

Condition

  • Year built: 1964

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Cooktop,Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Daylight,Finished,Walk-Out Access

Bedroom

  • Level: Main
  • Area: 336
  • Dimensions: 16x21

Bedroom2

  • Level: Main
  • Area: 135
  • Dimensions: 15x9

Bedroom3

  • Level: Main
  • Area: 121
  • Dimensions: 11x11

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 247
  • Dimensions: 19x13

Family Room

  • Level: Lower
  • Area: 441
  • Dimensions: 21x21

Features

  • Number of fireplaces: 1
  • Fireplace features: Double Sided,Living Room
  • Fireplace: Yes
  • Finished area below ground: 635
  • Finished area above ground: 1,340

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,680
  • Total interior livable area: 2,680 sqft

Kitchen

  • Level: Main
  • Area: 252
  • Dimensions: 18x14

Living Room

  • Level: Main
  • Area: 390
  • Dimensions: 26x15

Screened Porch

  • Level: Main
  • Area: 189
  • Dimensions: 21x9

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0802921110003
  • Zoning description: Residential-Single Family
  • Foundation area: 1340

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio,Porch,Screened
  • Has view: Yes
  • View description: Panoramic
  • On waterfront: Yes
  • Waterfront features: Lake Front,Lake Bottom(Sand)

Lot

  • Lot size: 0.89 Acres
  • Features: Accessible Shoreline
  • Lot size dimensions: 381 x 249 x 224 x 63

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2