Sold / Closed
$570,000

Sold price · Closed May 27, 2026

2040 Diamond Lane, Lino Lakes, MN, 55038

4  Bedrooms3  Bathrooms3,346  Square Feet0.2  Acres
Days on market27
Year built2020
Garage spaces2
Potential $13,500buyer credit when you buy with SODL

About this home

It's luxury living at an incredible value! Located in a community-centric, health-conscious neighborhood and uniquely positioned with no neighbors behind and a serene pond view, your sanctuary awaits as the end of a day full of hustle and bustle draws near. This practically-new, one-story Lennar home in the prestigious Watermark community of Lino Lakes, MN, is meticulously designed for the modern professional who refuses to compromise on quality or family time. For the executive seeking the perfect work-life balance, this property offers a turnkey lifestyle that harmonizes high-end style with suburban simplicity. Inside, the home caters to the needs of a growing family with a highly coveted layout featuring three spacious bedrooms on one level and the ultimate convenience of main-level laundry. The open-concept floor plan and luxury kitchen provide a sophisticated backdrop for cooking and family gatherings, while the views of the tranquil pond offer a rare sense of privacy and nature-focused living. Situated within the award-winning Centennial School District, this residence addresses the top priorities of discerning buyers: safety, top-tier education, and with like-new construction you are freed up for what matters most. Beyond your front door, the Watermark lifestyle serves as a private resort tailored to active, fitness-minded lifestyles. Residents enjoy exclusive access to a state-of-the-art clubhouse: featuring an elegant sitting area with a fireplace, meeting rooms, a communal kitchen and gym, pickleball and basketball courts, and an extensive network of nature trails for morning runs or evening strolls. This is more than just a $550,000 house; it is a strategic investment for professionals in tech, finance, or healthcare who desire a peaceful retreat without sacrificing proximity to Twin Cities commerce. Experience the perfect blend of modern convenience and community connection in a home that truly understands the rhythm of your life.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built2020
LevelsOne
Living area3,346 sqft
Above-grade finished1,920 sqft
Below-grade finished1,426 sqft
Lot size0.2 acres (140 X 65)
Days on market27
ListedApr 18, 2026
MLS #NST7045945
CountyAnoka
SubdivisionWatermark
Parcel #133122320018

Facts & features

Interior

Bedrooms
4
Bathrooms
3
Bath breakdown
3 full
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Property

Levels / stories
One
Garage
2 spaces · 25 X 22 · 548 sqft
Parking features
Attached Garage, Asphalt, Heated Garage
Patio & porch
Composite Decking, Deck, Patio
Exterior features
Stone, Cement Board, Vinyl
Lot size
0.2 acres

Construction

Property type
Residential
Property subtype
Single Family
Foundation
8 ft+ Pour · 1,920 sqft
Roof
Age 8 Years or Less
Year built
2020

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

Subdivision
Watermark
HOA
$159/quarter
HOA name
Associa
HOA phone
7632256400
HOA includes
Professional Mgmt, Shared Amenities
School district
12 - Centennial

Financial & listing details

Annual tax
$6,310 (2025)
Listed
Apr 18, 2026
Days on market
27
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths3
3/4 baths0
Half baths0
1/4 baths0
BasementDaylight/Lookout Windows, Finished, Concrete
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryMain Level
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer
DiningInformal Dining Room
AmenitiesDeck, Kitchen Center Island, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, In-Ground Sprinkler, Walk-In Closet
AccessibilityNone
Special features3 BR on One Level, All Living Facilities on One Level, Main Floor Primary, Main Floor Bedroom, Primary Bdr Suite

Exterior & lot

ExteriorStone, Cement Board, Vinyl
RoofAge 8 Years or Less
Foundation8 ft+ Pour
Foundation area1,920 sqft
Patio/porchComposite Decking, Deck, Patio
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Asphalt, Heated Garage
Garage spaces2
Garage size548 sqft

Financial details

Annual taxes$6,310
Tax year2025
Taxes w/ assessments6310
Assessment pendingNo
HOA fee$159
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District12 - Centennial
District number12
District phone7637926000
High schoolCentennial
SODL flat fee brokerage
$13,500Estimated buyer credit
SODL platform fee $3,000Your buyer credit $13,500

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

$3,759/mo
Principal & interest$2,890
Property taxes$526
Home insurance (est.)$183
HOA fees$159
%
$110,000
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

2040 Diamond Lane, Lino Lakes, MN, 55038

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Listing information

MLS #NST7045945
Last reported MLS statusClosed
MLS record updatedMay 27, 2026, 11:03 PM
Originally listedApr 24, 2026, 12:00 AM
Listing officeeXp Realty

Status reflects the latest MLS record available to SODL, not independently confirmed current availability. 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.