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7141 201st St W, Lakeville, MN, 55044

2beds
2baths
3,374sqft
$550,695
$163price/sqft
$3,951/moest. monthly cost
$158,040/yrincome needed

About This Home

This home is currently under construction and scheduled for completion in September. Step inside the Brisbane to a bright, sun-filled layout where the open-concept Great Room is anchored by a stunning electric fireplace—perfect for cozy evenings or hosting friends and family. The gourmet kitchen is designed to impress, seamlessly connecting to the dining area to make everyday meals and special gatherings effortless. A beautiful covered deck provides the ideal space to relax and unwind outside. Designed with privacy in mind, the owner’s suite and a secondary bedroom are thoughtfully positioned on opposite corners of the home. The unfinished basement offers excellent potential for future expansion—whether you envision additional living space, a home gym, or a media room. A spacious two-car garage provides plenty of room for vehicles, storage, and hobbies. Enjoy the convenience of Lennar’s signature smart home features and truly low-maintenance living. The HOA covers lawn care, snow removal, garbage and recycling service, community irrigation, and maintenance of shared amenities—giving you more time to enjoy what matters most. Residents of Cedar Hills enjoy access to an exceptional amenity center featuring an indoor entertaining space with a kitchenette, pickleball and bocce courts, outdoor dining areas, a cozy bonfire space, and a charming gazebo. Cedar Hills offers an outstanding blend of comfort, community, and carefree living—an incredible place to call home.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

6/10
5/10
5/10
Farmington High SchoolGrades 9-120.6 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Age 8 Years or Less,Asphalt,Pitched
  • 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,Dryer,Exhaust Fan,Humidifier,Microwave,Refrigerator,Stainless Steel Appliance(s),Tankless Water Heater,Wall Oven,Washer
  • Laundry features: Gas Dryer Hookup,Laundry Room,Main Level,Sink,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Storage Space,Unfinished,Walk-Out Access

Bedroom

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

Bedroom2

  • Level: Main
  • Area: 132
  • Dimensions: 12x11

Bedrooms & Bathrooms

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

Deck

  • Level: Main
  • Area: 168
  • Dimensions: 14x12

Dining Room

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

Features

  • Number of fireplaces: 1
  • Fireplace features: Electric,Family Room,Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,725

Great Room

  • Level: Main
  • Area: 289
  • Dimensions: 17x17

Heating & Cooling

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

Interior Area

  • Total structure area: 3,374
  • Total interior livable area: 3,374 sqft

Kitchen

  • Level: Main
  • Area: 216
  • Dimensions: 12x18

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: TBD
  • Zoning description: Residential-Single Family
  • Foundation area: 1649

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Deck,Front Porch

Lot

  • Lot size: 4,791 sqft
  • Features: Sod Included in Price
  • Lot size dimensions: TBD

Parking

  • Total spaces: 2
  • Parking features: Attached,Asphalt,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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

  • Strong Wind
    Strong WindVery High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Hail
Tornado
Cold Wave
Inland Flooding
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 $2,784$33,408
Home Insurance *$272$3,264
Property Taxes $611$7,332
Electricity $284$3,414
Total$3,951$47,412
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$135,462/yr
40% on housing$118,530/yr
45% on housing$105,360/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

$163This listing

vs Other Active Listings

Avg $/sqft

ZIP 55044$197
Dakota County$173

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
2026-05-07Price change$550,695
2026-05-05Listed for sale$551,695

New Construction Spec

AgentLennar Minnesota
BrokerageLennar Sales Corp

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