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1848 Royal Blvd N, Lake Elmo, MN, 55042

5beds
5baths
5,196sqft
$1,052,310
$203price/sqft
$7,565/moest. monthly cost
$302,600/yrincome needed

About This Home

MODEL HOME (not for sale) With 5,208 square feet of thoughtfully designed living space and a spacious .3-acre homesite, this remarkable two-story home offers endless possibilities for both relaxing and entertaining. Step inside to find a formal living room and a formal dining room—ideal spaces for special gatherings and celebrations. The expansive open-plan Great Room features a striking gas fireplace, creating a warm and inviting focal point, while nearby French doors open to a flexible office or study, perfect for working from home in style. A generous 3-car garage offers ample space for vehicles and storage. Upstairs, four bedrooms—including an impressive owner's suite—provide private retreats for the entire family, complemented by a versatile loft ideal for games, study time, or daily living. The finished basement offers a game room, bonus room, flex room, and an additional bedroom—perfect for overnight guests!

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
11
BikeSomewhat Bikeable

Schools

7/10
7/10
Oak-Land Middle SchoolGrades 6-81.2 mi
10/10

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,Double Oven,Exhaust Fan,Humidifier,Microwave,Refrigerator,Stainless Steel Appliance(s),Tankless Water Heater,Wall Oven
  • Laundry features: Gas Dryer Hookup,Laundry Room,Sink,Upper Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedroom

  • Level: Upper
  • Area: 285
  • Dimensions: 19 x 15

Bedroom2

  • Level: Upper
  • Area: 121
  • Dimensions: 11 x 11

Bedroom3

  • Level: Upper
  • Area: 143
  • Dimensions: 11 x 13

Bedroom4

  • Level: Upper
  • Area: 154
  • Dimensions: 14 x 11

Bedroom5

  • Level: Lower
  • Area: 110
  • Dimensions: 11x10

Bedrooms & Bathrooms

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

Bonus Room

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

Dining Room

  • Level: Main
  • Area: 154
  • Dimensions: 11 x 14

Features

  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas
  • Fireplace: Yes
  • Finished area below ground: 1,348
  • Finished area above ground: 3,848

Flex Room

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

Game Room

  • Level: Lower
  • Area: 260
  • Dimensions: 20x13

Great Room

  • Level: Main
  • Area: 285
  • Dimensions: 19 x 15

Heating & Cooling

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

Informal Dining Room

  • Level: Main
  • Area: 144
  • Dimensions: 9 x 16

Interior Area

  • Total structure area: 5,608
  • Total interior livable area: 5,196 sqft

Kitchen

  • Level: Main
  • Area: 210
  • Dimensions: 10 x 21

Living Room

  • Level: Main
  • Area: 143
  • Dimensions: 11x13

Loft

  • Level: Upper
  • Area: 252
  • Dimensions: 18 x 14

Office

  • Level: Main
  • Area: 121
  • Dimensions: 11 x 11

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: TBD
  • Zoning description: Residential-Single Family
  • Foundation area: 2100

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Front Porch

Lot

  • Lot size: 0.30 Acres
  • Features: Sod Included in Price
  • Lot size dimensions: 0

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

  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Strong Wind
Tornado
Cold Wave
Lightning
Winter Weather

FEMA Declared Disasters in Washington 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 $5,321$63,852
Home Insurance *$493$5,916
Property Taxes $1,313$15,756
Electricity $438$5,258
Total$7,565$90,780
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$259,371/yr
40% on housing$226,950/yr
45% on housing$201,733/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: 11.6%
11.6%
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

$203This listing

vs Other Active Listings

Avg $/sqft

ZIP 55042$238
Washington County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 55042$237
Washington County$201

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
2026-06-24Listed for sale$1,052,310
2026-05-02Listing removed$1,046,310
2026-03-24Listed for sale$1,046,310
2025-12-05Sold$176,878

New Construction

AgentLennar Minnesota
BrokerageLennar Sales Corp

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