Sold / Closed
$699,000

Sold price · Closed May 4, 2026

$260/sqft

Legacy/North Star 4th Add

10755 40th Street N, Lake Elmo, MN, 55042
5  Bedrooms4  Bathrooms2,751  Square Feet0.204  Acres
Days on market19
Year built2023
Garage spaces3
HOA / month$43
TypeResidential
Est. $18,447buyer credit when you buy with SODL

About this home

Welcome to 10755 40th St N in beautiful Lake Elmo—a stunning, newer-construction home built by Hanson Builders in 2023 that perfectly blends modern design, thoughtful upgrades, and everyday functionality. Step inside to an inviting foyer that sets the tone for the rest of the home—bright, open, and effortlessly elegant. The main level showcases a seamless, open-concept layout designed for both comfortable living and entertaining, highlighted by sensational natural light pouring in from every angle. Fantastic ceiling height! A well-designed mudroom with great storage adds everyday convenience and functionality. The kitchen is a true showpiece, complete with trendy cabinetry, HanStone quartz countertops, a fantastic center island, and a conveniently located pantry—flowing beautifully into the living and dining spaces.At the heart of the home, a striking floor-to-ceiling stone gas fireplace with custom built-ins and shelving creates a warm yet refined focal point. Thoughtful upgrades like rift white oak finishes, engineered hardwood flooring, and arched walkways elevate the home’s overall design aesthetic. A fresh and stylish main-level bathroom adds both convenience and charm.Upstairs, you’ll find four generously sized bedrooms, including a sensational primary suite designed as a true retreat—featuring a tasteful, spa-like bathroom and a spacious walk-in closet. The upper-level laundry room, ideally located just off the primary bedroom, offers exceptional convenience. The lower level expands your living space with a large family room and a versatile fifth bedroom—perfect as a guest room, home office, gym, or game room. The possibilities are endless. Outside, enjoy a large, grassy yard framed by two white pines and two Autumn Blaze maples. The oversized three-stall garage provides ample storage and space for all your needs. Additional upgrades include a whole-home water filtration system and reverse osmosis. Enjoy incredible shared neighborhood amenities, including an in-ground heated pool, clubhouse, basketball court, playground, bonfire pit, and walkable to Downtown Lake Elmo - next to Sunfish Lake. This is a rare opportunity to own a nearly new, thoughtfully upgraded home in one of Lake Elmo’s most desirable communities—where style, space, and function come together effortlessly.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built2023
LevelsTwo
Living area2,751 sqft
Above-grade finished2,007 sqft
Below-grade finished744 sqft
Lot size0.204 acres (59x133x76x130)
Days on market19
ListedMar 18, 2026
MLS #NST7038392
CountyWashington
SubdivisionLegacy/North Star 4th Add
Parcel #1102921430043

Facts & features

Interior

Bedrooms
5
Bathrooms
4
Bath breakdown
2 full / 1 3/4 / 1 half
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Dryer, Microwave, Other, Range, Refrigerator, Washer

Property

Levels / stories
Two
Garage
3 spaces · 30x29 · 817 sqft
Parking features
Attached Garage, Asphalt
Patio & porch
Front Porch
Exterior features
Cement Board
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Foundation
8 ft+ Pour · 861 sqft
Roof
Age 8 Years or Less
Year built
2023

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers

Community & HOA

Subdivision
Legacy/North Star 4th Add
HOA
$43/month
HOA name
Omega Property Management, Inc.
HOA phone
9522830644
HOA includes
Other, Shared Amenities
School district
834 - Stillwater

Financial & listing details

Annual tax
$3,118 (2025)
Listed
Mar 18, 2026
Days on market
19
Manufactured home
Yes

Interior details

Total bathrooms4
Full baths2
3/4 baths1
Half baths1
1/4 baths0
BasementDaylight/Lookout Windows, Finished, Full, Concrete
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryUpper Level
AppliancesDishwasher, Dryer, Microwave, Other, Range, Refrigerator, Washer
DiningInformal Dining Room
AmenitiesKitchen Center Island, Primary Bedroom Walk-In Closet, In-Ground Sprinkler
AccessibilityNone
Special features2nd Floor Laundry, 4 BR on One Level, Primary Bdr Suite

Exterior & lot

ExteriorCement Board
RoofAge 8 Years or Less
Foundation8 ft+ Pour
Foundation area861 sqft
Patio/porchFront Porch
Road frontageCity Street
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Asphalt
Garage spaces3
Garage size817 sqft

Financial details

Annual taxes$3,118
Tax year2025
Taxes w/ assessments3118
Assessment pendingNo
HOA fee$43
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District834 - Stillwater
District number834
District phone6513518301
High schoolStillwater
SODL flat fee brokerage
$18,447Estimated buyer credit
SODL platform fee $3,000Your buyer credit $18,447

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$4,298/mo
Principal & interest$3,757
Property taxes$260
Home insurance (est.)$238
HOA fees$43
%
$142,980
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

10755 40th Street N, Lake Elmo, MN, 55042

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Listing information

MLS #NST7038392
StatusClosed
Last updatedMay 5, 2026, 2:57 AM
Originally listedMar 20, 2026, 12:00 AM
Listing officeIsaacson Brothers
Co-listing officeIsaacson Brothers

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.