Lori Gustafson

4731 140th Lane Ne

Ham Lake, MN
$ 2,889,000 Beds 5 Baths 5.5 Sq 7,003
Monthly Estimate* How much can I afford?

Discover the new Gonyea Custom Homes luxury house for sale, located in the sought-after Elwell Farms community. This 5-bedroom, 6-bathroom home offers over 7,000 square feet of thoughtfully designed living spaces on a private wooded lot-blending timeless Tudor-inspired architecture with elevated modern finishes. Photos will be uploaded every two weeks so you can see the progress of this amazing home. The home is over 7,000 of finished square feet with 5 beds and 6 baths. A oversized 4-car garage, heated with drains and utility sink. The main level includes a spacious foyer that opens to one of the home’s most breathtaking features a vaulted two-story dining room and sunroom. A striking stone fireplace, framed by stacked windows and soft architectural curves, draws your eye upward while filling the space with natural light. At the heart of the home, the kitchen is designed to feel both elevated and inviting. Warm wood tones, creamy quartz countertops, and carefully selected fixtures create a space that is equally suited for everyday living and entertaining. Just beyond, a charming scullery adds character and function, featuring soft blue cabinetry and intricate detailing that sets this home apart. A private study, mudroom, and powder bath, all thoughtfully designed with elevated finishes that bring beauty to everyday routines. Upstairs, the home continues to impress with a layout that balances openness and privacy. The primary suite is a true retreat featuring timeless design, refined details, and a sense of calm that makes it easy to unwind. Three additional bedrooms, each with their own ensuite bathrooms, provide comfort and privacy for family or guests. A spacious laundry room, bonus room, and loft complete the upper level, offering flexible spaces to fit your lifestyle. The adjacent great room offers a cozy yet refined gathering space, anchored by a fireplace with detailed millwork—perfect for hosting or unwinding at the end of the day. The finished lower level with athletic court & entertaining spaces The lower level is designed for both relaxation and recreation. Here, you’ll find a large family room with a stone fireplace, a full bar for entertaining & game room and lounge space with dedicated exercise room that leads to a private athletic court. A second mudroom provides convenient access after time spent outdoors, along with an additional bedroom and guest bath, making this level as functional as it is fun. The home will be in the fall Artisan Home Tour and can be occupied November 13, 2026. Community Highlights - Clubhouse and resort-style pool, pickleball and basketball courts, Playground and multi-use fields, private lake with fishing pier, walking trails and gathering spaces.

Single Family

  • Price
  • $ 2,889,000
  • City
  • Ham Lake
  • Bedrooms
  • 5
  • Full Bathrooms
  • 5
  • County
  • ANOKA
  • Half Bathrooms
  • 1
  • Area
  • Elwell Farms
  • Lot Size
  • 1.3 Acres
  • Zip
  • 55005
  • Sqr Footage
  • 7,003
  • Year Built
  • 2026
  • Taxes
  • $ 113
  • Style
  • Single Family
  • MLS#
  • 7085284
Listed By: Coldwell Banker Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 7003
Sewer Mound Septic,Septic System Compliant - Yes
Heating Forced Air,Fireplace(s),In-Floor Heating,Zoned
Cooling Central Air
Roof Age 8 Years or Less,Architectural Shingle,Asphalt
Appliances Air-To-Air Exchanger,Cooktop,Dishwasher,Disposal,Dryer,ENERGY STAR Qualified Appliances,Exhaust Fan,Humidifier,Water Filtration System,Iron Filter,Microwave,Range,Refrigerator,Stainless Steel Applian
HOA Fee 100
Garage Spaces 4
Association Fee Includes Other,Professional Mgmt,Shared Amenities
Pool Features Shared
Construction Materials Concrete,Frame
Year Built 2026
Electric 200+ Amp Service
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility None
Assoc Fee Paid Per Monthly
County Anoka
New Construction Yes
Property Type Residential
HOA Yes
Contingency None
Subdivision Name Elwell Farms 1st Addition
Full Baths 2
Directions North on Lexington Ave NE,turn right onto 143rd Ave NE,continue south into Elwell Farms,turn left onto 140th Ave NE. Home is on the left. Note: This development is too new for most maps and GPS. If u
City Ham Lake
Association Name TBD
High School District Anoka-Hennepin
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 113
Additional Parcels Y/N No
Availability Date 2026-11-13
Builder Name GONYEA HOMES AND REMODELING & STONEGATE BUILDERS
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Exercise Room,French Doors,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Multiple Phone Lines,Natural Woodwork,Patio,Porch,Panoramic View,Sec
Community Name Elwell Farms
PostalCity Ham Lake

Interior Features

Basement Drain Tiled,Drainage System,Finished,Storage Space,Sump Basket,Sump Pump,Tile Shower,Walkout
Total Fireplaces 3
Fireplace Features Family Room,Full Masonry,Gas,Living Room,Stone
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 4476
Half Baths 1
3/4 Baths 3
Laundry Features Gas Dryer Hookup,Laundry Room,Upper Level,Washer Hookup
Total Bedrooms 5
Below Grade Finished Area 2527
Total Baths 6
Bath Desc 3/4 Basement,Double Sink,Full Jack & Jill,Private Primary,Main Floor 1/2 Bath,Separate Tub & Shower,Upper Level 3/4 Bath,Upper Level Full Bath
Dining Room Description Kitchen/Dining Room,Separate/Formal Dining Room
Fuel Natural Gas
Garage Dimensions 32x23
Garage Door Width 8
Garage Square Feet 1311

Exterior Features

Fencing None
Parking Features Attached Garage,Asphalt,Floor Drain,Finished Garage,Garage Door Opener,Heated Garage,Insulated Garage
Lot Features Sod Included in Price,Tree Coverage - Medium,Underground Utilities
Water Source Well
Lot Size Area 1.3
Building Area Total 7026
Lot Dimensions s134*249*210*323
Waterfront Y/N No
Foundation Area 2051
Road Frontage Type City Street,Cul De Sac,Paved Streets,Street Lights
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/2/2026 Listed $2,889,000

Property vs Zip Code Average in 55005

Price
AVG $640K
$2.89M
Taxes
AVG $2,077
$113
Year Built
AVG 2018
2026
Visits
AVG 105
186
Data Provided by Inside Real Estate®

Areas That We Cover

4731 140th Lane Ne Ham Lake, MN is a Single Family Home for sale at $2889000 with 7003 sqft and a lot size of 1.3 Acres Acre(s). 4731 140th Lane Ne Ham Lake has 5 bedrooms, 5 baths and was built in 2026. The property's zip code is 55005 which is in Ham Lake, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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