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20050 Glarus Ln, Lakeville, MN, 55044

2beds
2baths
1,917sqft
$515,000
$269price/sqft
$3,441/moest. monthly cost
$137,640/yrincome needed

About This Home

READY NOW!!! Conventional 4.875%/4.9249% APR if closing by June 30th with seller preferred lender. FHA and VA options also available. Call for further details. Main level living at its finest! Two bed, two bath and a den in this home. Wide open main level! Tandem garage for a total of 2.5 stalls. Association maintained community! Stop on out to see your next home!

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
31
BikeSomewhat Bikeable

Schools

9/10
7/10
McGuire Middle SchoolGrades 6-81.6 mi
10/10

Construction

Condition

  • New construction: Yes
  • Year built: 2025

Materials

  • Roof: Age 8 Years or Less,Asphalt,Pitched

Other

  • Builder name: HANS HAGEN HOMES AND M/I HOMES

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Microwave,Refrigerator,Stainless Steel Appliance(s),Washer
  • Laundry features: Electric Dryer Hookup,Main Level,Washer Hookup

Basement

  • Basement: None

Bedroom

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

Bedroom2

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

Bedrooms & Bathrooms

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

Den

  • Level: Main
  • Area: 169
  • Dimensions: 13x13

Dining Room

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

Family Room

  • Level: Main
  • Area: 225
  • Dimensions: 15x15

Features

  • Number of fireplaces: 1
  • Fireplace features: Electric,Family Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,917

Heating & Cooling

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

Interior Area

  • Total structure area: 1,917
  • Total interior livable area: 1,917 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 221661604090
  • Zoning description: Residential-Single Family
  • Foundation area: 1892

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 5,227 sqft
  • Lot size dimensions: 56 x 90 x 56 x 90

Parking

  • Total spaces: 2.5
  • Parking features: Attached,Asphalt
  • Has garage: Yes
  • Attached garage spaces: 2.5
  • Covered spaces: 2.5

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 WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Lightning
Winter Weather

FEMA Declared Disasters in Dakota 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 $2,604$31,248
Home Insurance *$255$3,060
Property Taxes $412$4,944
Electricity $170$2,050
Total$3,441$41,292
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$117,977/yr
40% on housing$103,230/yr
45% on housing$91,760/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: 11.3%
11.3%
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 55044$197
Dakota County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 55044$200
Dakota County$192

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
2026-05-06Price change$515,000
2026-04-22Price change$524,990
2026-03-20Price change$530,000
2026-03-04Price change$535,000
2026-01-30Price change$543,990
2026-01-07Price change$549,990
2025-11-25Price change$575,000
2025-10-02Price change$589,000
2025-09-26Listed for sale$595,240

New Construction Spec

AgentMike Reinhart
BrokerageM/I Homes

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