Lori Gustafson

2107 Balsam Way

Lino Lakes, MN
$ 514,900 Beds 4 Baths 2.5 Sq 2,464 Virtual Tour
Monthly Estimate* How much can I afford?

The seller is offering a contribution that buyers may use toward closing costs, an interest-rate buydown, or a combination of both. That could mean less cash needed at closing, a lower monthly mortgage payment — or both. Ask for details and see how this seller contribution could make this home more affordable. Only available due to a relocation. Quick move in possible! 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, two-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 four spacious bedrooms on the upper level and the ultimate convenience of main-level laundry. The open-concept floor plan and luxury style 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 another house, it could be your next home. 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. Priced well UNDER new construction, and you can skip the mess and the noise, AND a quick close is possible! PLUS, you get a fenced in yard and a Premium Lot with no neighbors behind. What an incredible value! Make an offer and welcome home.

Single Family

  • Price
  • $ 514,900
  • City
  • Lino Lakes
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • ANOKA
  • Half Bathrooms
  • 1
  • Area
  • Watermark
  • Lot Size
  • 0.4 Acres
  • Zip
  • 55038
  • Sqr Footage
  • 2,464
  • Year Built
  • 2020
  • Taxes
  • $ 6245
  • Style
  • Single Family
  • MLS#
  • 7106546
Listed By: eXp Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2464
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
HOA Fee 219
Garage Spaces 2
Association Fee Includes Dock,Professional Mgmt,Shared Amenities
Year Built 2020
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility None
Assoc Fee Paid Per Quarterly
County Anoka
New Construction No
Property Type Residential
Association Amenities Dock,Tennis Courts,Trail(s)
HOA Yes
Contingency None
Subdivision Name Watermark
Full Baths 2
Directions From Main Street/Co Rd 14,go North onto 20th Ave N. Right onto 21st Ave N. Right onto Crane Dr. Left onto Balsam Way,the home will be on your left.
City Lino Lakes
Association Name Associa
High School District Centennial
Zoning Description Residential-Multi-Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 6245
Additional Parcels Y/N No
Virtual Tour https://my.matterport.com/show/?m=J7TaAaJY8eT&brand=0&mls=1&
Standard Status Active
Lender Owned No
PostalCity Lino Lakes

Interior Features

Basement Daylight/Lookout Windows,Full
Total Fireplaces 1
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2464
Half Baths 1
Total Bedrooms 4
Total Baths 3
Bath Desc Full Primary,Main Floor 1/2 Bath,Upper Level Full Bath
Fuel Natural Gas
Garage Square Feet 484

Exterior Features

Parking Features Attached Garage
Water Source City Water/Connected
Lot Size Area 0.4
Building Area Total 3504
Lot Dimensions 63 X 140
Waterfront Y/N No
Foundation Area 1224

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

7/9/2026 Listed $554,900
7/24/2026 3% - $541,900
8/11/2026 4% - $524,900
8/27/2026 2% - $514,900

Property vs Zip Code Average in 55038

Price
AVG $720K
$510K
Taxes
AVG $5,538
$6,245
Year Built
AVG 2012
2020
Visits
AVG 162
135
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

2107 Balsam Way Lino Lakes, MN is a Single Family Home for sale at $514900 with 2464 sqft and a lot size of 0.4 Acres Acre(s). 2107 Balsam Way Lino Lakes has 4 bedrooms, 2 baths and was built in 2020. The property's zip code is 55038 which is in Lino Lakes, 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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