Does this property have an HOA?

No, this property does not have a homeowners association.

What are the annual property taxes?

Annual property taxes are $7,436 (2025).

Does this home have a garage?

Yes, this home has a 3-car garage.

How long has this property been on the market?

This property was listed for 111 days.

Pending

$625,000

$113/sqft

Martin Lefavor Estates First

23556 116th Street NW, Elk River, MN, 55330

7 Bedrooms5 Bathrooms5,548 Square Feet3.27 Acres

Days on market111

Year built1998

Garage spaces3

TypeResidential

Est. $15,750buyer credit when you buy with SODL

About this home

Welcome to 23556 116th St NW, Elk River, MN 55330—a magnificent 7-bedroom, 5-bathroom single-family home spanning 5,391 square feet, set on a sprawling 3.27-acre lot with light tree coverage. Built in 1998, this stunning residence combines sophisticated design with modern upgrades, offering a perfect blend of luxury and comfort in the serene Elk River community. With 7 spacious bedrooms, multiple dens, and flexible spaces, this home is perfect for large families, entertaining, or remote work. The possibilities are endless.

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Home facts

Property typeResidential

Property subtypeSingle Family Residence

Year built1998

LevelsTwo

Living area5,548 sqft

Above-grade finished3,736 sqft

Below-grade finished1,812 sqft

Lot size3.27 acres (452x358)

Days on market111

ListedJul 21, 2025

MLS #NST6756705

CountySherburne

SubdivisionMartin Lefavor Estates First

Parcel #30005310110

Facts & features

Interior

Bedrooms: 7
Bathrooms: 5
Bath breakdown: 4 full / 1 half
Heating: Forced Air
Cooling: Central Air
Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Property

Levels / stories: Two
Garage: 3 spaces · 36x25 · 900 sqft
Parking features: Attached Garage, Gravel
Other structures: Storage Shed
Lot size: 3.27 acres
Lot dimensions: 452x358

Construction

Property type: Residential
Property subtype: Single Family Residence
Foundation: 2,058 sqft
Year built: 1998

Utilities

Water: Well
Sewer: Private Sewer
Fuel: Propane
Electric: Circuit Breakers

Community & HOA

Subdivision: Martin Lefavor Estates First
HOA: No HOA
School district: Elk River

Financial & listing details

Annual tax: $7,436 (2025)
Listed: Jul 21, 2025
Days on market: 111
Manufactured home: Yes

Interior details

Total bathrooms5

Full baths4

3/4 baths0

Half baths1

1/4 baths0

BasementDaylight/Lookout Windows, Finished, Full, Partially Finished

HeatingForced Air

CoolingCentral Air

AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer

DiningInformal Dining Room

AmenitiesCeiling Fan(s), Deck, French Doors, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Tile Floors, Vaulted Ceiling(s), Walk-In Closet

AccessibilityWheelchair Ramp(s)

Special features3 BR on One Level, 4 BR on One Level, All Living Facilities on One Level, Main Floor Bedroom, Main Floor Laundry

Exterior & lot

Foundation area2,058 sqft

Lot featuresCorner Lot, Tree Coverage - Light

ZoningResidential-Single Family

Utilities

Water sourceWell

SewerPrivate Sewer

FuelPropane

Parking & garage

ParkingAttached Garage, Gravel

Garage spaces3

Garage size900 sqft

Financial details

Annual taxes$7,436

Tax year2025

Taxes w/ assessments7436

Assessment pendingNo

Down payment resourceYes

Lender ownedNo

Short saleNo

ForeclosureNo

Schools

District number2241

District phone7632413400

High schoolElk River

SODL flat fee brokerage

$15,750Estimated buyer credit

SODL platform fee $3,000Your buyer credit $15,750

Buyer-side commission

3.0%

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

$4,113/mo

Principal & interest$3,285

Property taxes$620

Home insurance (est.)$208

Down payment

$125,000

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.