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27120 Petes Hill Trl, Elko New Market, MN, 55020

4beds
3baths
3,528sqft
$789,000
$224price/sqft
$6,050/moest. monthly cost
$242,000/yrincome needed

About This Home

This Johnson Reiland Custom Home in Pete’s Hill blends luxury with low-maintenance living at one of Scott County’s highest elevations. Enjoy sweeping views from the vaulted great room, four-season porch. Add your own style and personal touch with the unfinished walkout basement with 10-foot poured walls. Designed for comfort and accessibility, it features a zero-entry layout, 8-foot interior doors, and main-level living. Highlights include a custom fireplace surround, quartz kitchen countertops, and curated cabinetry. With 2 bedrooms, 2 baths, and an extra-deep (30 ft) garage, there's room for guests, hobbies, and storage. Located just 2 miles from I-35W and within the Lakeville School District, you'll love the fiber internet, nearby golf, and wooded privacy. Only 3 units remain—customize yours today and experience elevated, easy living!

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

9/10
7/10
McGuire Middle SchoolGrades 6-87.0 mi
10/10

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Age 8 Years or Less,Architectural Shingle
  • Construction materials: Concrete

Other

  • Builder name: JOHNSON REILAND BUILDERS & REMODELERS INC

Type & Style

  • Home type: SingleFamily
  • Property subType: Twin Home

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Dishwasher,Disposal,Exhaust Fan,Freezer,Humidifier,Microwave,Range,Refrigerator,Stainless Steel Appliance(s)
  • Laundry features: Electric Dryer Hookup,Laundry Room,Main Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Drain Tiled,Finished,Full,Sump Pump,Walk-Out Access

Bedroom

  • Level: Main
  • Area: 196
  • Dimensions: 14x14

Bedroom2

  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Bedroom3

  • Level: Lower
  • Area: 210
  • Dimensions: 14x15

Bedroom4

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

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 224
  • Dimensions: 14x16

Family Room

  • Level: Lower
  • Area: 475
  • Dimensions: 25x19

Features

  • Number of fireplaces: 1
  • Fireplace features: Electric,Living Room
  • Fireplace: Yes
  • Finished area below ground: 1,369
  • Finished area above ground: 1,848

Flex Room

  • Level: Lower
  • Area: 266
  • Dimensions: 19x14

Heating & Cooling

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

Interior Area

  • Total structure area: 3,528
  • Total interior livable area: 3,528 sqft

Kitchen

  • Level: Main
  • Area: 224
  • Dimensions: 16x14

Laundry

  • Level: Main
  • Area: 54
  • Dimensions: 6x9

Living Room

  • Level: Main
  • Area: 266
  • Dimensions: 14x19

Mud Room

  • Level: Main
  • Area: 49
  • Dimensions: 7x7

Other

  • Level: Main
  • Area: 168
  • Dimensions: 12x14

Property

Accessibility

  • Accessibility features: Hallways 42"+,No Stairs External,Roll-In Shower

Details

  • Parcel number: 230640180
  • Attached to another structure: Yes
  • Zoning description: Residential-Single Family
  • Foundation area: 1680

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Front Porch
  • Fencing: None

Lot

  • Lot size: 0.31 Acres
  • Features: Tree Coverage - Medium
  • Lot size dimensions: 51 x 282 x 38 x 13 x 263

Parking

  • Total spaces: 2
  • Parking features: Attached,Asphalt,Floor Drain,Garage Door Opener,Insulated Garage,Storage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Strong Wind
    Strong WindVery High
  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Tornado
Hail
Heat Wave
Winter Weather

FEMA Declared Disasters in Scott 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 $3,989$47,868
Home Insurance *$470$5,640
Property Taxes $1,294$15,528
Electricity $297$3,570
Total$6,050$72,600
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$207,428/yr
40% on housing$181,500/yr
45% on housing$161,333/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: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: -2.2%
-2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$224This listing

vs Other Active Listings

Avg $/sqft

ZIP 55020$244
Scott County$207

vs Homes Sold Last Month

Median $/sqft

ZIP 55020$189
Scott County$204

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
2026-01-14Price change$799,000
2025-07-20Listed for sale$699,900
2025-07-02Listing removed$649,900
2025-01-11Listed for sale$649,900
2024-04-30Sold$110,251
2024-02-05Price change$699,836
2022-05-10Price change$675,000
2022-01-06Listed for sale$575,000

New Construction

AgentRyan S. Johnson
BrokeragePemberton RE

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