#6715380, Listing office: LPT Realty, LLC
$1,295,000 List price
4849 Olson Lake Trl N Lake Elmo, MN 55042
4 beds
2 full, 1 partial
3,728 sqft
$347 / sqft
House
Property details
About 4849 Olson Lake Trl N
Exceptional home nestled on Olson Lake offering over 119 feet oflakeshore! Enjoy the "Northwoods" feel of this luxurious home featuring quality upgrades throughout, excellent sunlight exposure, open floor plan, and oversized 3 car garage. This rare find rambler boasts attention to detail, large kitchen, sitting area with gas fireplace, upgraded landscaping, workshop, abundant storage, walk-out lower level, and amazing lakeshore views. Other highlights include: Lower level family room, exercise room, bar area, and built-ins. The screened porch, sun filled deck, spacious patio and large backyard are ideal for outdoor entertaining. This .90 acre lot offers the perfect balance of yard space, privacy and premium lakeshore location. Relax along the shoreline and enjoy all of the recreational activities that Olson Lake has to offer. Spectacular lakeshore home within the metro area located just minutes to freeway access, coffee shops, restaurants, and more.
Highlights
Home typeSingle Family Residence
HeatingForced Air, Radiant Floor
StatusActive
CoolingCentral Air
Size3,728 sqft
BasementYes
Year built1999
ParkingAttached Garage, Asphalt, Garage Door Opener, Multiple Garages, Storage
MLS #6732448
Attached garage3 spaces
WaterfrontLake Front
FireplaceAmusement Room, Family Room, Gas, Living Room, Stone
ViewOther, Lake
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 2
- Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Oven, Washer, Water Softener
- Basement: Yes
- Fireplace: Amusement Room, Family Room, Gas, Living Room, Stone
- Total Bedroom Count: 4
- Garage Space: 3 spaces
- Attached Garage: Yes
- Parking: Attached Garage, Asphalt, Garage Door Opener, Multiple Garages, Storage
- Waterfront: Lake Front
- View: Other, Lake
- Heating: Forced Air, Radiant Floor
- Cooling: Central Air
- List Price: $1,295,000
- Price/SqFt: $347
- HOA Amount: $0
- Annual Tax Amount: $11,238
- Tax Year: 2022
- Lot: Many Trees
- Directions: 694 to County Rd 14 (E) to Ideal (N) to Olson Lake Trail, or 50th St to Olson Lake Trail (S) to home.
- Year Built: 1999
- Living Area: 3,728 SqFt
- MLS Number: 6732448
- MLS Name: NORTHSTAR
- Office Name: Edina Realty, Inc.
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2022 | $1,026,200 | $11,238 |
| 2021 | $856,900 | $10,588 |
| 2020 | $857,200 | $10,022 |
| 2019 | $857,200 | $10,304 |
| 2018 | $822,200 | $9,638 |
| 2017 | $821,600 | $9,638 |
History based on county public records data.
Nearby schools
6
Castle Elementary School
Public District PK-5
1.1 mi
•6675 50th St N
7
O.H. Anderson Elementary School
Public District 3-5
2.0 mi
•666 Warner Ave S
3
North Metro Flex Academy
Public Charter KG-6
2.3 mi
•2350 Helen St N
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 $132,065. Typical income of Lake Elmo, MN residents is $200k+ annually. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
8%
<35k
30%
35k-100k
29%
100k-200k
33%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
17%
Single, No Kids
3%
Single, with Kids
55%
Married, No Kids
25%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
12%
<11 yrs old
10%
12-17 yrs old
12%
18-34 yrs old
50%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
College Football
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Best Buy
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 4849 Olson Lake Trl N
The listing price of 4849 Olson Lake Trl N property is $1,295,000.
The property 4849 Olson Lake Trl N is a house located in Lake Elmo, Minnesota, 55042.
Active Listing: 4849 Olson Lake Trl N is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4849 Olson Lake Trl N are: Castle Elementary School (GreatSchools Rating 6/10), O.H. Anderson Elementary School (GreatSchools Rating 7/10), North Metro Flex Academy (GreatSchools Rating 3/10), North Metro Flex Middle School (GreatSchools Rating 4/10), Mahtomedi Middle School (GreatSchools Rating 8/10), Level up Middle Academy (GreatSchools Rating 5/10), 916 Mahtomedi Academy (GreatSchools Rating 2/10), North High School (GreatSchools Rating 3/10), Mahtomedi High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2022 is $11,238 (source: MLS/based on county public records data).
The property at 4849 Olson Lake Trl N has 4 bedrooms and 2 full and 1 half bathrooms.
The property 4849 Olson Lake Trl N is 3,728 SqFt (source: MLS/tax record).
The year of construction for 4849 Olson Lake Trl N is 1999.
This home is located at 4849 Olson Lake Trl N in Lake Elmo, MN and zip code 55042. This 3,728 square foot home was built in 1999. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $1,295,000.
While more than 6 listings in Lake Elmo, MN in June 2025 were sold above asking price, there were more than 8 listings sold at asking price, and more than 4 were sold below. The inventory of homes for sale in Lake Elmo, MN between May and June 2025 increased by 26.3%. The median list price of listings available in June 2025 was $649,900, while the average time on the real estate market was 43 days.
From Rocket Homes Real Estate and based on county public records data.