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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Golf Course Lot with 8th Green Views
Updated: Jul 16
Golf Course Lot with 8th Green Views

1353 Palmer Dr N, Lake Elmo, MN 55042

$750,000
Last available lot in the Royal Club community in Lake Elmo
Overlooks the Royal Golf Course 8th green
Bring your own builder to build your home on the lot
Royal Club is a 400+ acre residential community surrounding the golf course
Community amenities include walking trails, pool & fitness center, and dining
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

Land, Afton, MN
Land, Afton, MN

10th Street, Afton, MN 55001

$950,000
20.20 AC lot

Residential land & home lots · 20.20 Acres

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Vacant Land
Vacant Land

12090 15th S, Afton, MN 55001

$749,000

Residential land & home lots

View details
Land
Land

3693 Tending Grn, Stillwater, MN 55082

$125,000

Residential land & home lots

View details
Land
Land

11491 Leeward Ave N, Stillwater, MN 55082

$750,000

Residential land & home lots

View details

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

Explore 2 residential land & home lots for sale in Lake Elmo, MN on our real estate platform. These investment opportunities span a total of 20,647 square feet of properties for sale, with an estimated market value of $989,000.

Sale prices for home sites in Lake Elmo, MN start at $239,000, averaging $494,500, and reaching up to $750,000 — 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 3
Residential land & home lots 2

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 $494.5K

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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