4906 139th Ave NW, Ham Lake, MN, 55304
About This Home
Discover luxury one-level living in the new Elwell Farms development in Ham Lake. This stunning to-be-built custom home by NIH Homes is situated on a premium 2 Acre homesite with beautiful views and access to exceptional community amenities including a pool and clubhouse, park trails, fishing pier, and more. Elwell Farms features expansive acreage homesites with wooded, pond, and scenic views overlooking the renowned Carlos Avery Wildlife Management Area, offering a rare combination of privacy, nature, and upscale living. NIH has 15 lot in Phase 1. Inside, the home showcases tall ceilings, expansive windows, custom wood beam details, and a gourmet kitchen with a large center island designed for entertaining. The thoughtfully designed main level includes a luxurious primary suite with a spa-inspired bath, secondary bedroom, dedicated home office, and a bright sunroom filled with natural light. The finished lower level features 9-foot ceilings, a spacious recreation room, wet bar, additional bedrooms, 3/4 bath, exercise room, and abundant storage space. Additional custom home opportunities and models are available.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2026
Materials
- Roof: Age 8 Years or Less,Architectural Shingle,Asphalt
- Construction materials: Concrete,Frame
Other
- Builder name: NIH HOMES LLC
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Air-To-Air Exchanger,Dishwasher,Dryer,Exhaust Fan,Water Osmosis System,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer,Water Softener Owned
- Laundry features: Laundry Room,Main Level
Basement
- Has basement: Yes
- Basement: Finished,Full,Storage Space,Sump Basket,Walk-Out Access
Bedroom
- Level: Main
- Area: 272
- Dimensions: 17x16
Bedroom2
- Level: Main
- Area: 144
- Dimensions: 12x12
Bedroom3
- Level: Lower
- Area: 221
- Dimensions: 17x13
Bedroom4
- Level: Lower
- Area: 196
- Dimensions: 14x14
Bedroom5
- Level: Lower
- Area: 270
- Dimensions: 18x15
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Dining Room
- Level: Main
- Area: 208
- Dimensions: 16x13
Exercise Room
- Level: Lower
- Area: 238
- Dimensions: 17x14
Features
- Number of fireplaces: 1
- Fireplace features: Family Room,Gas
- Fireplace: Yes
- Finished area below ground: 2,261
- Finished area above ground: 2,706
Great Room
- Level: Main
- Area: 350
- Dimensions: 25x14
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 5,380
- Total interior livable area: 4,967 sqft
Kitchen
- Level: Main
- Area: 208
- Dimensions: 16x13
Laundry
- Level: Main
- Area: 64
- Dimensions: 8x8
Mud Room
- Level: Main
- Area: 120
- Dimensions: 12x10
Other
- Level: Lower
- Area: 99
- Dimensions: 11x9
Other
- Level: Lower
- Area: 120
- Dimensions: 12x10
Other
- Level: Main
- Area: 78
- Dimensions: 13x6
Other
- Level: Lower
- Area: 20
- Dimensions: 5x4
Recreation Room
- Level: Lower
- Area: 725
- Dimensions: 29x25
Storage
- Level: Lower
- Area: 182
- Dimensions: 14x13
Study
- Level: Main
- Area: 110
- Dimensions: 11x10
Sun Room
- Level: Main
- Area: 182
- Dimensions: 14x13
Property
Accessibility
- Accessibility features: Hallways 42"+
Details
- Parcel number: 363223140006
- Zoning description: Residential-Single Family
- Foundation area: 2674
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Deck,Patio
- Fencing: None
Lot
- Lot size: 1.93 Acres
- Features: Corner Lot
- Lot size dimensions: 279 x 281 x 222 x 365
Parking
- Total spaces: 4
- Parking features: Attached,Asphalt,Garage Door Opener,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
- Strong Wind
- Hail
- Lightning
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Anoka County and Minnesota
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $9,986 | $119,832 |
| Home Insurance * | $1,201 | $14,412 |
| Property Taxes | $1,547 | $18,564 |
| Electricity | $418 | $5,027 |
| Total | $13,152 | $157,824 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-22 | Listed for sale | $1,975,000 |
New Construction
View on Zillow