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4725 139th Ave NE, Ham Lake, MN, 55304

5beds
5baths
5,607sqft
$1,875,000
$334price/sqft
$12,561/moest. monthly cost
$502,440/yrincome needed

About This Home

Discover ELWELL FARMS, a thoughtfully planned community spanning 515 acres and bordering the scenic Carlos Avery Wildlife Management Area. With 106 spacious acreage homesites, this stunning neighborhood blends natural surroundings with luxurious living. HANSON BUILDERS has 15 premium homesites available in Phase 1, many offering wooded landscapes and peaceful pond views. The BRIDGEWATER SPORT will be showcased in the upcoming Spring 2026 Parade of Homes. This exceptional home highlights the impeccable craftsmanship and design Hanson Builders is known for. The main level features soaring 10’ ceilings with rustic wood beam accents in the Great Room, while a 9.5’ center island anchors the gourmet kitchen, surrounded by custom cabinetry and a dinette area with built-in bench seating. A cozy sunroom invites relaxation with a floor-to-ceiling stone fireplace and wood beams, creating a warm and inviting retreat. Upstairs, you'll find a vaulted Bonus Room, four spacious bedrooms, and a luxurious Owner’s Suite complete with a spa-inspired bathroom and a convenient walk-through to the laundry room. The finished lower level is designed for both entertainment and function, offering an indoor Sport Center, family room, wet bar and game area, plus a fifth bedroom. The home also features a heated four-car garage with floor drains. Life at Elwell Farms includes access to a wide array of community amenities, such as a pool, clubhouse, playground with picnic pavilion, pickleball courts, a fishing pier, scenic trails, and more. Elwell Farms offers an unmatched lifestyle in a truly one of a kind setting.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
26
BikeSomewhat Bikeable

Schools

9/10
6/10
Roosevelt Middle SchoolGrades 6-85.4 mi
7/10
Blaine Senior High SchoolGrades 9-125.8 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

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

Other

  • Builder name: HANSON BUILDERS INC

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Cooktop,Dishwasher,Disposal,Dryer,Exhaust Fan,Gas Water Heater,Microwave,Refrigerator,Wall Oven,Washer
  • Laundry features: Electric Dryer Hookup,Laundry Room,Sink,Upper Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Daylight,Drain Tiled,Finished,Concrete,Storage Space,Sump Pump,Tile Shower

Bedroom

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

Bedroom2

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

Bedroom3

  • Level: Upper
  • Area: 187.5
  • Dimensions: 15x12.5

Bedroom4

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

Bedroom5

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

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 2
  • 3/4 bathrooms: 2
  • 1/2 bathrooms: 1

Bonus Room

  • Level: Upper
  • Area: 263.5
  • Dimensions: 17x15.5

Dining Room

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

Exercise Room

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

Family Room

  • Level: Lower
  • Area: 306
  • Dimensions: 18x17

Features

  • Number of fireplaces: 2
  • Fireplace features: Family Room,Gas,Living Room
  • Fireplace: Yes
  • Finished area below ground: 1,778
  • Finished area above ground: 3,677

Heating & Cooling

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

Interior Area

  • Total structure area: 5,607
  • Total interior livable area: 5,607 sqft

Kitchen

  • Level: Main
  • Area: 238
  • Dimensions: 17x14

Living Room

  • Level: Main
  • Area: 306
  • Dimensions: 18x17

Other

  • Level: Lower
  • Area: 520
  • Dimensions: 26x20

Other

  • Level: Main
  • Area: 112.5
  • Dimensions: 15x7.5

Study

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

Sun Room

  • Level: Main
  • Area: 231
  • Dimensions: 16.5x14

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 363223120019
  • Zoning description: Residential-Single Family
  • Foundation area: 1930

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: In Ground,Heated,Outdoor Pool,Shared
  • Patio & porch: Composite Decking,Deck
  • Fencing: None

Lot

  • Lot size: 1.07 Acres
  • Features: Sod Included in Price,Tree Coverage - Light
  • Lot size dimensions: x x x

Parking

  • Total spaces: 4
  • Parking features: Attached,Asphalt,Floor Drain,Garage Door Opener,Heated Garage,Insulated Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4
  • 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

  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Strong Wind
Hail
Lightning
Tornado
Winter Weather

FEMA Declared Disasters in Anoka 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 $9,481$113,772
Home Insurance *$1,140$13,680
Property Taxes $1,468$17,616
Electricity $472$5,674
Total$12,561$150,732
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$430,662/yr
40% on housing$376,830/yr
45% on housing$334,960/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: 2.4%
2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$334This listing

vs Other Active Listings

Avg $/sqft

ZIP 55304$203
Anoka County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 55304$194
Anoka County$194

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
2025-09-30Listed for sale$1,875,000

New Construction

AgentLucas K Hanson
BrokerageEdina Realty, Inc.

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