See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

8964 Almquist Way, Inver Grove Heights, MN, 55077

5beds
5baths
4,222sqft
$1,450,000
$343price/sqft
$10,040/moest. monthly cost
$401,600/yrincome needed

About This Home

A rare offering of privacy and timeless elegance on over 1.5 beautifully landscaped acres. Designed for both exceptional entertaining and comfortable everyday living, this custom estate showcases high end finishes throughout with 5 bedrooms, 5 baths, and over 2,300 unfinished square feet ready for future expansion. Rich cherry hardwood floors, custom cabinetry, soaring ceilings, architectural details, four fireplaces, and dramatic floor-to-ceiling windows create an unforgettable first impression. Enjoy true main level living with a luxurious primary suite featuring vaulted ceilings, fireplace, bath with dual sinks, walk-in closet, and private patio access. A second primary suite upstairs offers a sitting area, fireplace, vaulted ceiling, full bath with dual vanities, and an extraordinary walk-in closet like you have never seen before! Each of the 3 remaining upper level bedrooms enjoys direct access to a full bath. The unfinished walkout lower level is framed and ready to finish, complete with in-floor heat throughout. Outdoor living is equally impressive with three patios, a deck, outdoor fireplace, built-in cooking station, professional landscaping, invisible fence, full irrigation and a stunning circular driveway framed by immaculate landscaping. Heated attached 3-car garage with abundant storage, PLUS an 870 sq ft tuck under garage accessible from both the backyard and lower level making it ideal for a workshop, hobby space, home gym, or additional storage. Located just moments from Lebanon Hills Regional Park, plus acres of walking and hiking trails directly across the street, this remarkable property offers an exceptional blend of luxury, privacy, and convenience. Peaceful estate living with everyday amenities just minutes away.

Getting Around

1
WalkingCar-Dependent
14
TransitMinimal Transit
19
BikeSomewhat Bikeable

Schools

8/10
8/10
10/10
Eagan Senior High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 2001

Materials

  • Roof: Age 8 Years or Less

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Dishwasher,Dryer,Exhaust Fan,Freezer,Humidifier,Water Filtration System,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer,Water Softener Owned
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Drain Tiled,Full,Storage Space,Sump Basket,Unfinished,Walk-Out Access

Bedroom

  • Level: Main
  • Area: 285
  • Dimensions: 19x15

Bedroom2

  • Level: Upper
  • Area: 336
  • Dimensions: 21x16

Bedroom3

  • Level: Upper
  • Area: 266
  • Dimensions: 19x14

Bedroom4

  • Level: Upper
  • Area: 182
  • Dimensions: 14x13

Bedroom5

  • Level: Upper
  • Area: 168
  • Dimensions: 14x12

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 4
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 182
  • Dimensions: 14x13

Family Room

  • Level: Main
  • Area: 357
  • Dimensions: 21x17

Features

  • Number of fireplaces: 4
  • Fireplace features: Gas,Living Room,Primary Bedroom,Other,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 4,222

Heating & Cooling

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

Informal Dining Room

  • Level: Main
  • Area: 187
  • Dimensions: 17x11

Interior Area

  • Total structure area: 6,565
  • Total interior livable area: 4,222 sqft

Kitchen

  • Level: Main
  • Area: 156
  • Dimensions: 13x12

Living Room

  • Level: Main
  • Area: 210
  • Dimensions: 15x14

Office

  • Level: Main
  • Area: 144
  • Dimensions: 12x12

Walk In Closet

  • Level: Upper
  • Area: 252
  • Dimensions: 21x12

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 204757508010
  • Zoning description: Residential-Single Family
  • Foundation area: 2343

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck,Patio
  • Fencing: Invisible

Lot

  • Lot size: 1.56 Acres
  • Lot size dimensions: 176 x 326 x 230 x 324

Parking

  • Total spaces: 3
  • Parking features: Attached,Heated Garage,Storage,Tuckunder Garage
  • 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 WindVery High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Hail
Tornado
Winter Weather
Cold Wave
Inland Flooding
Lightning

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 $7,331$87,972
Home Insurance *$731$8,772
Property Taxes $1,622$19,464
Electricity $356$4,273
Total$10,040$120,480
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$344,228/yr
40% on housing$301,200/yr
45% on housing$267,733/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

$343This listing

vs Other Active Listings

Avg $/sqft

ZIP 55077$191
Dakota County$172

vs Homes Sold Last Month

Median $/sqft

ZIP 55077$215
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

No price history available

For Sale by Agent

AgentBenjamin Poehling
BrokerageThe Leo Agency

Similar Homes