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20042 Gallifrey Way, Lakeville, MN, 55044

2beds
2baths
3,114sqft
$526,760
$169price/sqft
$3,208/moest. monthly cost
$128,320/yrincome needed

About This Home

This home is under construction and available for a June closing! Welcome to the Cordoba, part of Cedar Hills’ desirable Lifestyle Villas collection. This thoughtfully designed home offers an open main-level layout that seamlessly connects the Great Room—featuring a cozy gas fireplace—with the dining area and a spacious gourmet kitchen, making it ideal for both everyday living and entertaining. A secondary bedroom is conveniently located at the front of the home, while the luxurious owner’s suite is privately tucked away at the rear, creating a peaceful retreat. The unfinished walkout basement adds room to grow. Lennar’s smart home features provide modern convenience, while full HOA-maintained living includes lawn care, snow removal, garbage and recycling service, community irrigation, and maintenance of shared amenities. Residents enjoy access to an amenity center featuring an indoor entertaining space with a kitchenette, pickleball and bocce courts, outdoor dining areas, a bonfire space, and a gazebo. Cedar Hills offers an exceptional low-maintenance lifestyle and a wonderful place to call home.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

6/10
5/10
5/10
Farmington High SchoolGrades 9-120.7 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,Exhaust Fan,Humidifier,Microwave,Refrigerator,Stainless Steel Appliance(s),Tankless Water Heater,Wall Oven
  • 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: 168
  • Dimensions: 12x14

Bedroom2

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

Bedrooms & Bathrooms

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

Dining Room

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

Features

  • Number of fireplaces: 1
  • Fireplace features: Family Room,Gas,Stone
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,570

Heating & Cooling

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

Interior Area

  • Total structure area: 3,114
  • Total interior livable area: 3,114 sqft

Kitchen

  • Level: Main
  • Area: 168
  • Dimensions: 12x14

Living Room

  • Level: Main
  • Area: 195
  • Dimensions: 13x15

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: TBD
  • Zoning description: Residential-Single Family
  • Foundation area: 1557

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: 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 $2,663$31,956
Home Insurance *$261$3,132
Property Taxes $22$264
Electricity $262$3,151
Total$3,208$38,496
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$109,988/yr
40% on housing$96,240/yr
45% on housing$85,546/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

$169This 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
2026-05-13Price change$528,225
2026-05-05Price change$528,760
2026-05-01Price change$527,760
2026-04-28Price change$526,760
2026-04-22Price change$551,760
2026-04-22Price change$526,760
2026-04-08Price change$551,760
2026-03-28Price change$550,760
2026-03-25Listed for sale$549,760

New Construction Spec

AgentLennar Minnesota
BrokerageLennar Sales Corp

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