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20132 Ginseng Way, Lakeville, MN, 55044

2beds
2baths
1,862sqft
$505,873
$272price/sqft
$2,998/moest. monthly cost
$119,920/yrincome needed

About This Home

This Buckingham home, currently under construction and slated for completion in June, offers main-level living at its finest in the desirable Cedar Hills community. The open-concept design seamlessly connects the Great Room—with a cozy gas fireplace—the dining area, and a gourmet kitchen, perfect for entertaining. The main level also features a luxurious owner’s suite, a secondary bedroom, a flex room with French doors, a mudroom, and a spacious walk-in closet. A three-car garage provides ample space for vehicles and storage. Lennar’s smart home features and full HOA maintenance include lawn care, snow removal, garbage/recycling, community irrigation, and upkeep of future amenities. Residents enjoy access to a completed amenity center featuring an indoor entertaining space with a kitchenette, pickleball and bocce courts, outdoor dining areas, a bonfire space, and a charming gazebo. Located in the desirable Cedar Hills community, this home offers a low-maintenance lifestyle and an exceptional place to call home.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

6/10
5/10
5/10
Farmington High SchoolGrades 9-120.8 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2026

Materials

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

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,Microwave,Refrigerator,Stainless Steel Appliance(s),Tankless Water Heater,Wall Oven
  • Laundry features: Gas Dryer Hookup,Laundry Room,Main Level,Washer Hookup

Basement

  • Basement: None

Bedroom

  • Level: Main
  • Area: 182
  • Dimensions: 13x14

Bedroom2

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

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Features

  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas,Stone
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,862

Flex Room

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Great Room

  • Level: Main
  • Area: 247
  • Dimensions: 13x19

Heating & Cooling

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

Interior Area

  • Total structure area: 1,862
  • Total interior livable area: 1,862 sqft

Kitchen

  • Level: Main
  • Area: 195
  • Dimensions: 15x13

Property

Accessibility

  • Accessibility features: Other

Details

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

Features

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

Lot

  • Lot size: 5,662 sqft
  • Features: Sod Included in Price
  • Lot size dimensions: TBD

Parking

  • Total spaces: 3
  • Parking features: Attached,Asphalt,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

  • 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 $2,557$30,684
Home Insurance *$250$3,000
Property Taxes $21$252
Electricity $170$2,050
Total$2,998$35,976
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$102,788/yr
40% on housing$89,940/yr
45% on housing$79,946/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

$272This 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
2026-05-05Price change$505,873
2026-04-22Listed for sale$532,350
2026-04-22Listing removed$557,350
2026-04-15Listed for sale$557,350

New Construction Spec

AgentLennar Minnesota
BrokerageLennar Sales Corp

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