2762 Mayo Prairie Ln SW, Rochester, MN, 55902
About This Home
Presenting The Timber. Welcome to this stunning, fully custom local builder with 25+yrs experience known for their attention to detail and high-quality workmanship, designed and built for today’s lifestyle this beautiful new construction home features; a gourmet kitchen, Quartz counters, island, walk in pantry w/ butler’s pantry. Living room w/ beam ceilings, plus a patio walks out from dining area and another entrance off the kitchen pantry which also includes a built-in desk, workstation. Main floor spa like owner's ensuite with soaking tub and step in tiled shower, office on the main, upper level, 2 bedrooms w/ private bath. Lower level completely finished with wet bar, 2nd fireplace, in home fitness center/media room separate from the family room. All of this located in Mayowood 3rd an exquisite neighborhood where memories are made and lifelong friends are created.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2024
Materials
- Construction materials: Concrete,Frame,Stone
Other
- Builder name: MEIER COMPANIES INC
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Air-To-Air Exchanger,Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Exhaust Fan,Gas Water Heater,Iron Filter,Microwave,Refrigerator,Wall Oven,Washer,Water Softener Owned
Basement
- Has basement: Yes
- Basement: Drain Tiled,Egress Window(s),Finished,Concrete
Bathroom
- Level: Main
Bathroom
- Level: Second
Bathroom
- Level: Basement
Bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom2
- Level: Second
Bedroom3
- Level: Second
Bedroom4
- Level: Basement
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Den
- Level: Main
Dining Room
- Level: Main
Exercise Room
- Level: Basement
Family Room
- Level: Basement
Features
- Number of fireplaces: 2
- Fireplace features: Gas,Stone
- Fireplace: Yes
- Finished area below ground: 1,713
- Finished area above ground: 2,455
Heating & Cooling
- Heating features: Forced Air,Fireplace(s)
- Cooling features: Central Air
Interior Area
- Total structure area: 4,368
- Total interior livable area: 4,368 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Other
- Level: Basement
Other
- Level: Main
Primary Bathroom
- Level: Main
Property
Accessibility
- Accessibility features: Door Lever Handles,Roll-In Shower
Details
- Parcel number: 641744086501
- Zoning description: Residential-Single Family
- Foundation area: 1913
Features
- Levels: Modified Two Story
- Stories: 2
- Patio & porch: Covered
Lot
- Lot size: 0.50 Acres
- Lot size dimensions: Irregular
Parking
- Total spaces: 3
- Parking features: Attached,Concrete,Floor Drain,Garage Door Opener,Insulated Garage
- 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
- Cold Wave
- Inland Flooding
- Tornado
- Winter Weather
- Hail
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Olmsted County and Minnesota
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,638 | $67,656 |
| Home Insurance * | $646 | $7,752 |
| Property Taxes | $50 | $600 |
| Electricity | $368 | $4,420 |
| Total | $6,702 | $80,424 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-23 | Price change | $1,072,500 |
| 2025-10-04 | Price change | $1,075,000 |
| 2025-08-31 | Listed for sale | $1,125,000 |
| 2025-08-26 | Listing removed | $1,130,000 |
| 2025-07-14 | Price change | $1,130,000 |
| 2025-05-13 | Price change | $1,140,000 |
| 2024-06-13 | Listed for sale | $1,150,000 |
| 2024-04-01 | Sold | $160,000 |
| 2023-12-15 | Pending sale | $160,000 |
| 2021-11-05 | Listed for sale | $160,000 |
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