Residential

Lake Elmo, MN Residential Land & Home Lots for Sale

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Buildable Residential Lot in Lake Elmo
Updated: Jun 30
Buildable Residential Lot in Lake Elmo

33rd Street N, Lake Elmo, MN 55042

$239,000
0.47 AC lot
Buildable residential lot: 0.474 acres (20,662 SF) in Lake Elmo
Zoned residential and described as Lot A, RLS #95 (Parcel ID: 13.029.21.32.0076)
City water and city sewer available
No HOA and no builder restrictions reported
Walking distance to Downtown Lake Elmo amenities and local businesses
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Lake Elmo Land Opportunity
Updated: Apr 17, 2025
Lake Elmo Land Opportunity

2298 Inwood Avenue N, Lake Elmo, MN 55042

$2,400,000
78.38 AC lot
Convenient Location: Check the coordinates for easy access to amenities and more.
Property Details: Additional information available in the 'Additional Property Details' section.
Definite Property: A real property, ready for your consideration.
Real Estate Listing: Currently for sale or rent.
Factual Aspects: Listing focuses on the facts.
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Golf Course Lot with 8th Green Views
Golf Course Lot with 8th Green Views

1353 Palmer N Drive, Lake Elmo, MN 55042

$750,000

Last available lot in the Royal Club community, overlooking the 8th green of the Royal Golf Course.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Lake Elmo Mixed-Use Development Opportunity
Lake Elmo Mixed-Use Development Opportunity

Hudson Blvd N & Lake Elmo Ave N, Lake Elmo, MN

Contact for pricing
57.54 AC lot

Mixed-use development opportunity with high visibility and easy highway access.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Lake Elmo, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Residential Lot in Maplewood, MN
Residential Lot in Maplewood, MN

1830 Howard Street N, Maplewood, MN 55109

$165,000
0.84 AC lot

Large lot in established neighborhood, convenient location.

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Ready-to-Build Residential Lot
Ready-to-Build Residential Lot

155 Ruth St N, Saint Paul, MN 55119

$97,999
0.19 AC lot

Flat, open residential lot with public water and sewer available in an HOA community in the Saint Paul area.

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Residential Buildable Lot
Residential Buildable Lot

2146 Hoyt Ave W, Saint Paul, MN 55119

$265,000

This residential buildable lot has been prepared for construction over the past year, including extensive tree work.

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Residential Land in Maplewood
Residential Land in Maplewood

1985 Radatz Ave, Maplewood, MN

Contact for pricing
0.90 AC lot

Large residential land parcel available in Maplewood, Minnesota.

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Lake Elmo, MN Residential Land & Home Lots Market Trends and Statistics

Explore 4 residential land & home lots for sale in Lake Elmo, MN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,941,366 square feet of properties for sale, with an estimated market value of $3,389,000.

Sale prices for home sites in Lake Elmo, MN start at $239,000, averaging $1,129,666, and reaching up to $2,400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial land 7
Residential land & home lots 4

Demographics Overview

Population 13K
Population Growth (5Y) +36.8%
Median Household Income $154,779
College Educated 85.8%

High-Yield Neighborhoods for Investment

Identify Lake Elmo submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
55042 $1.3M

Taxes & Financing

Tax Rate (average for all types) 2.61%
Property Tax per SF $17.09 per SF
Tax Rate vs County Average 0.20 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

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