16541 Wilson St NW, Elk River, MN, 55330
About This Home
**Ask about our $10,000 for interest rate buydown with our preferred lender** **To-Be-Built New Construction** Fall in love with the stunning Newport floor plan! This spacious beauty features a 3-car garage and an open-concept layout with soaring vaulted ceilings, luxury vinyl plank flooring, oversized windows, and tons of natural light, and a magnificent fireplace on the main level. The kitchen shines with stone countertops, a stylish ceramic tile backsplash, and seamless flow into the living and dining areas. The luxurious master suite is a true retreat—set apart for privacy, complete with vaulted ceilings, a huge walk-in closet, double sinks, and a sleek walk-in shower. Two more bedrooms are on the main floor, while the finished basement adds serious bonus space with two additional bedrooms, a full bath, a large family room with a cozy fireplace, and a versatile flex room—perfect for work, play, or both. Outside, enjoy a lush yard with sod and in-ground sprinklers included. This home has room for everyone!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2026
Other
- Builder name: CAPSTONE HOMES INC
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Air-To-Air Exchanger,Dishwasher,Disposal,Microwave,Range,Refrigerator,Stainless Steel Appliance(s)
Basement
- Has basement: Yes
- Basement: Drain Tiled,Finished,Walk-Out Access
Bedroom
- Level: Main
- Area: 110
- Dimensions: 10x11
Bedroom2
- Level: Main
- Area: 132
- Dimensions: 12x11
Bedroom3
- Level: Main
- Area: 182
- Dimensions: 13x14
Bedroom4
- Level: Lower
- Area: 100
- Dimensions: 10x10
Bedroom5
- Level: Lower
- Area: 100
- Dimensions: 10x10
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Dining Room
- Level: Main
- Area: 130
- Dimensions: 10x13
Family Room
- Level: Lower
- Area: 320
- Dimensions: 20x16
Features
- Number of fireplaces: 2
- Fireplace features: Electric,Family Room,Living Room
- Fireplace: Yes
- Finished area below ground: 977
- Finished area above ground: 1,677
Flex Room
- Level: Lower
- Area: 108
- Dimensions: 9x12
Heating & Cooling
- Heating features: Forced Air,Fireplace(s)
- Cooling features: Central Air
Interior Area
- Total structure area: 2,654
- Total interior livable area: 2,654 sqft
Kitchen
- Level: Main
- Area: 160
- Dimensions: 10x16
Living Room
- Level: Main
- Area: 288
- Dimensions: 18x16
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: TBD
- Zoning description: Residential-Single Family
- Foundation area: 977
Features
- Levels: Multi/Split
Lot
- Lot size: 9,147 sqft
- Features: Sod Included in Price
- Lot size dimensions: 50 x 80 x 55 x 75
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
- Lightning
- Strong Wind
- Tornado
- Cold Wave
- Hail
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Sherburne 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 | $2,502 | $30,024 |
| Home Insurance * | $264 | $3,168 |
| Property Taxes | $391 | $4,692 |
| Electricity | $223 | $2,686 |
| Total | $3,380 | $40,560 |
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 |
|---|---|---|
| 2026-08-11 | Price change | $484,900 |
| 2026-07-15 | Listed for sale | $494,900 |
View on Zillow