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4975 Noble Ln NW, Rochester, MN, 55901

2beds
2baths
3,620sqft
$549,940
$152price/sqft
$3,721/moest. monthly cost
$148,840/yrincome needed

About This Home

Home is under construction and available for a May closing! This charming Zurich floorplan offers an array of exceptional features, including a three-car garage. The thoughtfully designed open-concept main floor boasts a versatile office/flex space and a generously sized mudroom. The gourmet kitchen is a standout, equipped with high-end stainless steel appliances, elegant white painted soft-close cabinetry, stunning quartz countertops, and a spacious walk-in pantry. The expansive living room provides ample space for entertainment, complemented by a cozy fireplace. The home includes two bedrooms along with a conveniently located laundry room. The primary suite is a true retreat, offering a private ensuite bathroom that creates a spa-like atmosphere. The unfinished lower level offers ample room for expansion and customization. This home is sure to be popular with buyers in today’s market. Conveniently located near shopping, dining, and entertainment, this community is also just across the street from Northern Hills Golf Course and close to Olmsted Medical Clinic.

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

3/10
Dakota Middle SchoolGrades 6-81.5 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Age 8 Years or Less,Asphalt
  • Construction materials: Concrete,Frame

Other

  • Builder name: LENNAR

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Cooktop,Dishwasher,Disposal,Exhaust Fan,Humidifier,Gas Water Heater,Microwave,Refrigerator,Stainless Steel Appliance(s),Wall Oven
  • Laundry features: Gas Dryer Hookup,Laundry Room,Main Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedroom

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

Bedroom2

  • Level: Main
  • Area: 132
  • Dimensions: 11x12

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 170
  • Dimensions: 10x17

Features

  • Number of fireplaces: 1
  • Fireplace features: Electric,Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,857

Flex Room

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

Great Room

  • Level: Main
  • Area: 238
  • Dimensions: 14x17

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,620
  • Total interior livable area: 3,620 sqft

Kitchen

  • Level: Main
  • Area: 208
  • Dimensions: 13x16

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: TBD
  • Zoning description: Residential-Single Family
  • Foundation area: 1763

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 10,778 sqft
  • Features: Sod Included in Price
  • Lot size dimensions: TBD

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

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Winter Weather
Hail
Heat Wave
Inland Flooding
Lightning
Strong Wind

FEMA Declared Disasters in Olmsted 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 $2,780$33,360
Home Insurance *$314$3,768
Property Taxes $322$3,864
Electricity $305$3,663
Total$3,721$44,652
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$127,577/yr
40% on housing$111,630/yr
45% on housing$99,226/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: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.2%
3.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$152This listing

vs Other Active Listings

Avg $/sqft

ZIP 55901$149
Olmsted County$175

vs Homes Sold Last Month

Median $/sqft

ZIP 55901$175
Olmsted County$177

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
2026-05-05Price change$606,540
2026-04-15Listed for sale$604,540
2024-12-01Sold$97,368
2024-07-03Pending sale$123,200
2024-01-24Listed for sale$123,200

New Construction Spec

AgentLennar Minnesota
BrokerageLennar Sales Corp

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