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10948 37th St N, Lake Elmo, MN, 55042

2beds
2baths
1,557sqft
$508,250
$326price/sqft
$3,375/moest. monthly cost
$135,000/yrincome needed

About This Home

Imagine creating a home tailored to your lifestyle while enjoying the confidence of a transparent and streamlined building process. The McKinley patio home by Robert Thomas Homes in North Star of Lake Elmo offers the perfect opportunity to personalize your home's layout, finishes, colors, and design selections while enjoying the quality craftsmanship and thoughtful details that define every Robert Thomas Home. With an estimated six-month build timeline, you'll have the exciting experience of watching your new home come to life while planning for the future. Designed for comfort, convenience, and everyday living, the McKinley features an open-concept layout with soaring 9-foot ceilings, creating bright and welcoming spaces that feel both spacious and inviting. At the center of the home, the beautifully appointed kitchen is designed to bring people together. Custom frameless shaker-style cabinetry, quartz countertops, a ceramic tile backsplash, generous pantry storage, and included appliances create a space that's equally suited for casual mornings, holiday gatherings, and everything in between. The open design flows effortlessly into the living and dining areas, making entertaining easy and keeping family and guests connected. Throughout the home, upgraded flooring, elegant millwork, and carefully crafted finishes create a sense of warmth and quality that you'll appreciate every day. The primary suite offers a peaceful retreat with a spa-inspired bathroom featuring dual vanities, a beautifully tiled shower with frameless glass enclosure, and convenient linen storage. Thoughtful design elements throughout the home provide both beauty and functionality, creating spaces that work seamlessly with the way you live. One of the standout features of this floorplan is the oversized three-stall tandem garage, offering exceptional flexibility for additional vehicles, recreational equipment, workshop space, or extra storage. Whether you're an outdoor enthusiast, hobbyist, or simply appreciate having room for life's extras, this expanded garage provides the versatility homeowners are looking for. Outside, low-maintenance living allows you to spend less time on chores and more time enjoying your home and community. Professionally landscaped grounds, irrigation, and lawn maintenance handled through the homeowners association create a carefree lifestyle designed around convenience and enjoyment. Located within the North Star community in scenic Lake Elmo, residents enjoy a peaceful setting surrounded by natural beauty while remaining close to shopping, dining, and everyday conveniences. Nearby parks, lakes, and trails—including the popular Lake Elmo Park Reserve—provide endless opportunities for outdoor recreation. Future community amenities, including a neighborhood pool and clubhouse within the historic Schiltgen Barn, will create even more opportunities to gather with neighbors, relax, and enjoy the unique sense of community that makes North Star such a special place to call home. The McKinley offers the perfect combination of personalization, quality craftsmanship, low-maintenance living, and community amenities, creating a home designed to fit your lifestyle today and for years to come.

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

7/10
8/10
Stillwater Middle SchoolGrades 6-84.6 mi
10/10

Construction

Condition

  • Year built: 2026

Other

  • Builder name: ROBERT THOMAS HOMES INC

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

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

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,557

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,557
  • Total interior livable area: 1,557 sqft

Property

Accessibility

  • Accessibility features: None

Details

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

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size dimensions: 0

Parking

  • Total spaces: 3
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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 WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
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 $2,569$30,828
Home Insurance *$238$2,856
Property Taxes $398$4,776
Electricity $170$2,050
Total$3,375$40,500
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$115,714/yr
40% on housing$101,250/yr
45% on housing$90,000/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

$326This listing

vs Other Active Listings

Avg $/sqft

ZIP 55042$237
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
2026-06-06Listed for sale$508,250

For Sale by Agent

AgentDavid E Steger
BrokerageRobert Thomas Homes, Inc.

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