#6730416, Listing office: Engel & Volkers Minneapolis Downtown
$929,900 List price
10700 40th St N Lake Elmo, MN 55042
5 beds
2 full, 1 partial
4,318 sqft
$215 / sqft
House
Property details
About 10700 40th St N
Exceptional Backyard Living with Stunning Sunset Views! Step into luxury and comfort in this beautifully designed 2022-built Hanson Homes Hillsdale model, located in the highly desirable Legacy at NorthStar neighborhood. Featuring 5 spacious bedrooms, 4 bathrooms, and a rare 4-stall garage, this home is ideal for families, entertainers, and anyone looking to enjoy the best of modern living. Enjoy breathtaking views and ultimate privacy with your backyard backing onto protected wetlands — a truly serene setting. Inside, the home boasts high-end upgrades throughout, blending style and function seamlessly. Neighborhood amenities include access to a community clubhouse and pool, creating a vibrant, family-friendly atmosphere. Don’t miss a sunset showing — it’s the perfect way to experience the beauty and tranquility this home offers.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size4,318 sqft
BasementYes
Year built2022
ParkingAttached Garage, Asphalt, Garage Door Opener, Insulated Garage, Tandem
MLS #6753823
Attached garage4 spaces
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Exhaust Fan, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Oven, Washer, Water Softener
- Basement: Yes
- Total Bedroom Count: 5
- Garage Space: 4 spaces
- Attached Garage: Yes
- Parking: Attached Garage, Asphalt, Garage Door Opener, Insulated Garage, Tandem
- Heating: Forced Air
- Cooling: Central Air
- List Price: $929,900
- Price/SqFt: $215
- HOA Amount: $43 Monthly
- Annual Tax Amount: $2,054
- Tax Year: 2022
- Directions: Travel north on Highway 694 take exit 55 to County Road 14. Continue on County Road 14 and to take left on County Road 17. Turn left onto 39th Street N into Legacy at North Star development. Turn right onto 40th Street N. Arrive at 10700 40th Street N.
- Year Built: 2022
- Living Area: 4,318 SqFt
- MLS Number: 6753823
- MLS Name: NORTHSTAR
- Office Name: HomeAvenue Inc
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 27, 2021 | Home Sold | $136,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $250,100 | $2,054 |
| 2021 | $8,200 | $100 |
History based on county public records data.
Nearby schools
6
Lake Elmo Elementary School
Public District PK-5
0.6 mi
•11030 Stillwater Blvd N
7
Eagle Point Elementary School
Public District PK-5
3.7 mi
•7850 15th St N
4
Rutherford Elementary School
Public District PK-5
3.8 mi
•115 Rutherford Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $140,291. Residents of Lake Elmo, MN typically earn between $100k-200k each year. The majority of families are married, with kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
1%
<35k
28%
35k-100k
49%
100k-200k
22%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
15%
Single, No Kids
4%
Single, with Kids
37%
Married, No Kids
44%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
11%
12-17 yrs old
10%
18-34 yrs old
47%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
Extreme Sports
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Panera
Cracker Barrel
Bob Evans
What do the neighbors drive?
Infiniti
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
Oldies
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
About 10700 40th St N
The listing price of 10700 40th St N property is $929,900.
The property 10700 40th St N is a house located in Lake Elmo, Minnesota, 55042.
Active Listing: 10700 40th St N is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 10700 40th St N are: Lake Elmo Elementary School (GreatSchools Rating 6/10), Eagle Point Elementary School (GreatSchools Rating 7/10), Rutherford Elementary School (GreatSchools Rating 4/10), Oak - Land Middle School (GreatSchools Rating 5/10), Skyview Middle School (GreatSchools Rating 3/10), Mahtomedi Middle School (GreatSchools Rating 8/10), Stillwater Area High School (GreatSchools Rating 7/10), St Croix Valley Area Learning Center (GreatSchools Rating 2/10), Mahtomedi High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2022 is $2,054 (source: MLS/based on county public records data).
The last sale was on October 27, 2021 for $136,000 (source: MLS/tax record).
The property at 10700 40th St N has 5 bedrooms and 2 full and 1 half bathrooms.
The property 10700 40th St N is 4,318 SqFt (source: MLS/tax record).
The year of construction for 10700 40th St N is 2022.
This home is located at 10700 40th St N in Lake Elmo, MN and zip code 55042. This 4,318 square foot home was built in 2022. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since July 15, 2025 and is currently priced at $929,900.
In June 2025 more than 6 listings in Lake Elmo, MN were sold above the asking price. During the same period more than 8 listings were sold at asking price, while more than 4 were sold below. The number of listings in Lake Elmo, MN increased by 26.3% between May and June 2025. While the average time on the market in June 2025 was 43 days, the median list price was $649,900.
From Rocket Homes Real Estate and based on county public records data.