Lori Gustafson

1353 Palmer Drive N

Lake Elmo, MN
$ 2,200,000 Beds 5 Baths 3.5 Sq 4,652
Monthly Estimate* How much can I afford?

To Be Built – Custom New Construction by Johnson-Reiland Builders! Rare opportunity to build a fully custom dream home on the golf course! This is your chance to own the LAST LOT for sale in this gorgeous sought-after development in Lake Elmo right on the pristine, lush, private Royal Golf Course. This stunning lot is truly remarkable and overlooks the beautiful 8th green of one of the most meticulously maintained world class golf courses. Bring your own builder & build your dream home and experience living in the East Metro's most prestigious golf community! The 400+ acre Royal Club luxurious home community spaciously surrounds this world class golf course with stunning rolling hills, woods, water, walking trails, pool & fitness center and exquisite dining. Ideal location perfectly nestled in private, luxurious Lake Elmo neighborhood yet close to the Twin Cities, Woodbury & Stillwater. Truly an unbelievable opportunity awaits….this is golf course living at its finest!

Single Family

  • Price
  • $ 2,200,000
  • City
  • Lake Elmo
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • WASHINGTON
  • Half Bathrooms
  • 1
  • Area
  • Royal Golf Club-Lk Elmo 2nd Ad
  • Lot Size
  • 0.388 Acres
  • Zip
  • 55042
  • Sqr Footage
  • 4,652
  • Year Built
  • 2026
  • Taxes
  • $ 3768
  • Style
  • Single Family
  • MLS#
  • 7096223
Listed By: Coldwell Banker Realty - Southwest Regional
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 4652
Sewer City Sewer/Connected
Heating Forced Air,Fireplace(s)
Cooling Central Air
Roof Age 8 Years or Less
Appliances Air-To-Air Exchanger,Cooktop,Dishwasher,Disposal,Dryer,Exhaust Fan,Refrigerator,Stainless Steel Appliances,Wall Oven
HOA Fee 306
Garage Spaces 3
Association Fee Includes Professional Mgmt,Recreation Facility,Sanitation,Shared Amenities
Pool Features Below Ground,Heated,Outdoor,Shared
Year Built 2026
Levels Two
Property Subtype Single Family
Tax Year 2025
Accessibility None
Assoc Fee Paid Per Quarterly
County Washington
New Construction No
Property Type Residential
HOA Yes
Contingency None
Subdivision Name Royal Golf Club/Lk Elmo 2nd Ad
Full Baths 2
Directions Manning to 10th Street West to first right into development.
City Lake Elmo
Association Name Associa
High School District Stillwater
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 3768
Additional Parcels Y/N No
Builder Name JOHNSON REILAND BUILDERS & REMODELERS INC
Standard Status Active
Lender Owned No
PostalCity Lake Elmo

Interior Features

Basement Full
Total Fireplaces 2
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 3487
Half Baths 1
3/4 Baths 1
Total Bedrooms 5
Below Grade Finished Area 1165
Total Baths 4
Fuel Natural Gas
Garage Square Feet 890

Exterior Features

Parking Features Attached Garage
Lot Features On Golf Course
Water Source City Water/Connected
Lot Size Area 0.388
Building Area Total 4652
Lot Dimensions irregular
Waterfront Y/N No
Foundation Area 1165
Road Frontage Type Paved Streets
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

6/19/2026 Listed $2,200,000

Property vs Zip Code Average in 55042

Price
AVG $950K
$2.2M
Taxes
AVG $6,095
$3,768
Year Built
AVG 2015
2026
Visits
AVG 133
178
Data Provided by Inside Real Estate®

Areas That We Cover

1353 Palmer Drive N Lake Elmo, MN is a Single Family Home for sale at $2200000 with 4652 sqft and a lot size of 0.388 Acres Acre(s). 1353 Palmer Drive N Lake Elmo has 5 bedrooms, 3 baths and was built in 2026. The property's zip code is 55042 which is in Lake Elmo, 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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