ActivePrice cut: $41K (1/17)
$1,599,000
5beds
5,455sqft
1389 Palmer Dr N, Lake Elmo, MN 55042
5beds
5,455sqft
Single family residence
Built in 2022
0.36 Acres
3 Attached garage spaces
$293 price/sqft
$102/mo HOA
What's special
Better than new construction! Don't be fooled by new construction pricing. Not all homes from this builder are from their Luxury lineup, meaning upgrades everywhere in this home! Welcome to 1389 Palmer Drive North, a former luxury model home that exemplifies refined craftsmanship and elevated living. Meticulously maintained, richly appointed, and ...
- 91 days |
- 728 |
- 15 |
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7001388
Travel times
Living Room
Kitchen
Primary Bedroom
Zillow last checked: 7 hours ago
Listing updated: March 10, 2026 at 04:11pm
Listed by:
David Reed 651-230-0251,
RE/MAX Results,
Molly Dandelet 651-788-6592
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7001388
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 3
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 255 Square Feet
- Dimensions: 17 x 15
Bedroom 2
- Level: Upper
- Area: 182 Square Feet
- Dimensions: 14 x 13
Bedroom 3
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13 x 12
Bedroom 4
- Level: Upper
- Area: 156 Square Feet
- Dimensions: 13 x 12
Bedroom 5
- Level: Lower
- Area: 150 Square Feet
- Dimensions: 15 x 10
Bonus room
- Level: Upper
- Area: 182 Square Feet
- Dimensions: 14 x 13
Dining room
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16 x 13
Exercise room
- Level: Lower
- Area: 120 Square Feet
- Dimensions: 12 x 10
Family room
- Level: Lower
- Area: 323 Square Feet
- Dimensions: 19 x 17
Kitchen
- Level: Main
- Area: 266 Square Feet
- Dimensions: 19 x 14
Living room
- Level: Main
- Area: 340 Square Feet
- Dimensions: 20 x 17
Office
- Level: Main
- Area: 132 Square Feet
- Dimensions: 12 x 11
Screened porch
- Level: Main
- Area: 156 Square Feet
- Dimensions: 13 x 12
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned
- Laundry: Laundry Room, Upper Level
Features
- Basement: Daylight,Drain Tiled,Egress Window(s),Finished,Concrete,Sump Basket,Sump Pump,Walk-Out Access
- Number of fireplaces: 3
- Fireplace features: Family Room, Gas, Stone
Interior area
- Total structure area: 5,455
- Total interior livable area: 5,455 sqft
- Finished area above ground: 3,737
- Finished area below ground: 1,421
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached, Concrete, Garage Door Opener, Heated Garage, Insulated Garage
- Attached garage spaces: 3
- Has uncovered spaces: Yes
- Details: Garage Door Height (8), Garage Door Width (16)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.36 Acres
- Dimensions: 110 x 150 x 94 x 150
- Features: On Golf Course, Tree Coverage - Light
Details
- Foundation area: 1718
- Parcel number: 2502921310055
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Age 8 Years or Less,Architectural Shingle,Asphalt
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Electric: 200+ Amp Service
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Royal Golf Club/Lk Elmo 3rd Ad
HOA
- Has HOA: Yes
- Services included: Professional Mgmt, Recreation Facility, Sanitation, Shared Amenities
- HOA fee: $306 quarterly
- HOA name: Associa
- HOA phone: 763-225-6400
Location
- Region: Lake Elmo
Financial & listing details
- Price per square foot: $293/sqft
- Tax assessed value: $1,133,300
- Annual tax amount: $12,058
- Date on market: 1/3/2026
- Cumulative days on market: 44 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/17/2026 | Price change | $1,599,000-2.5%$293/sqft |
Source: | ||
| 1/9/2026 | Listed for sale | $1,640,000$301/sqft |
Source: | ||
| 12/18/2025 | Listing removed | $1,640,000$301/sqft |
Source: | ||
| 11/6/2025 | Listed for sale | $1,640,000+15.5%$301/sqft |
Source: | ||
| 8/29/2023 | Sold | $1,419,465-4.4%$260/sqft |
Source: | ||
| 5/6/2023 | Listing removed | -- |
Source: | ||
| 3/31/2023 | Price change | $1,484,795-3.8%$272/sqft |
Source: | ||
| 9/17/2022 | Listed for sale | $1,543,460$283/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,058 +13.9% | $1,133,300 +5.3% |
| 2024 | $10,586 +221.4% | $1,076,300 +246.9% |
| 2023 | $3,294 +2096% | $310,300 +2485.8% |
| 2022 | $150 | $12,000 |
Find assessor info on the county website
Monthly payment
Est. payment
$9,652/mo
Principal & interest
$8204
Property taxes
$1346
HOA Fees
$102
More affordability tools
Estimated market value
$1,571,500
$1.49M - $1.65M
$6,875/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: 55042
Nearby schools
GreatSchools rating
- 6/10Lake Elmo Elementary SchoolGrades: K-5Distance: 2.3 mi
- 6/10Oak-Land Middle SchoolGrades: 6-8Distance: 0.7 mi
- 10/10Stillwater Area High SchoolGrades: 9-12Distance: 4.3 mi
- Minnesota
- Washington County
- Lake Elmo
- 55042
- 1389 Palmer Dr N