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Lake Elmo

Lake Elmo

$707,174 Average Value
$250 Average Price per Sq Ft
68 Homes For Sale

Lake Elmo, a growing Twin Cities suburb with a charming atmosphere

The city of Lake Elmo is a Twin Cities suburb that has retained its small-town charm amid a major development boom. New construction, including large New Traditional homes, has more than doubled the city’s housing stock. Still, the community is known for its rural atmosphere, thanks to the sprawling Lake Elmo Park Reserve and its historic downtown. It’s easy to get to the Twin Cities, with downtown Saint Paul about 15 miles away and downtown Minneapolis about 25 miles away.

A laid-back lifestyle in a quiet town awaits you in Lake Elmo.
A laid-back lifestyle in a quiet town awaits you in Lake Elmo.
Rows of new homes are easy to find.
Rows of new homes are easy to find.
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New Traditional homes cost more than most Twin Cities properties

Lake Elmo’s growth is most obvious in its housing market. “They kept it feeling very rural and agricultural for a long time,” says Rick Bean, Realtor with the Hartmann Team at Re/Max Results, who has worked in Saint Paul for over 15 years. He says that these conditions are changing. Now, "it’s ‘build, baby, build,’ as quick as they can.” Over half of the housing stock was built after 2000, including contemporary, New Traditional and modern Craftsman styles with open-concept floor plans ranging from 1,200 square feet to well over 5,000 square feet. Even with all this growth, it has retained a quiet atmosphere. “You get that special rural charm with all the urban convenience,” says Kristina Handt, former Lake Elmo city administrator. You can find more historic properties, like late-1800s farmhouses and early-1900s bungalows, closer to downtown.

Much like the size of the houses, there’s a wide range of prices. Most properties fall between the mid-$300,000s to the mid-$800,000s, depending on size and condition. Larger homes, especially those near the water, tend to be more expensive, ranging from the high $800,000s to over $2 million. The median single-family home price is higher than in Oakdale and Woodbury. “It’s above the Twin Cities median by a long shot,” Bean says. There are a few townhouses available, which generally range from the high $300,000s to the high $600,000s.

Historic homes are scattered throughout the city.
Historic homes are scattered throughout the city.
Large modern homes can be found along the shore of Lake Elmo and around Royal Golf Club.
Large modern homes can be found along the shore of Lake Elmo and around Royal Golf Club.
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Lake Elmo has plenty of opportunities to get outdoors

One of the city’s main draws is access to the outdoors, the pinnacle being the 2,165-acre Lake Elmo Park Reserve. “The lake is wonderful,” Bean says. There, you can:

  • Swim, boat and fish on the water
  • Enjoy a picnic with friends
  • Bring your kids to the playground
  • Practice on the archery range
  • Hike, bike or ride your horse on the trails
There are plenty of other city parks, including Sunfish Lake Park, which has wooded trails and the Sally Manzara Interpretive Nature Center, and Lake Elmo Central Park, which has a playground and athletic fields. Residents can also get a membership to the Royal Golf Club to play on its private championship course. Two designers are responsible for the 18-hole course: Annika Sörenstam and Arnold Palmer.

There are acres of waterways and green spaces at Lake Elmo Park Reserve for hikers to explore.
There are acres of waterways and green spaces at Lake Elmo Park Reserve for hikers to explore.
The Sally Manzara Interpretive Nature Center at Sunfish Lake Park has much to offer.
The Sally Manzara Interpretive Nature Center at Sunfish Lake Park has much to offer.
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Students attend schools in one of three districts

Depending on where they live, students are served by one of three school districts: North St. Paul-Maplewood-Oakdale School District, Stillwater Area Public School District and Mahtomedi Public School District. Stillwater and Mahtomedi are slightly higher rated, and all three offer in-district and out-of-district transfer opportunities. “They’re all desirable school districts, and I think that’s a driving factor,” Bean says.

Lake Elmo Elementary School is one of many schools in the neighborhood.
Lake Elmo Elementary School is one of many schools in the neighborhood.
Stillwater High School is a uniquely shaped structure.
Stillwater High School is a uniquely shaped structure.
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Historic downtown has longstanding shops and restaurants

Even with all the modern housing, Lake Elmo keeps its quaint atmosphere thanks to its historic downtown. “It does feel very mom and pop, with little boutiques and stuff like that,” Bean says. Restaurants and shops take up buildings that date back to the early 1900s, including:

  • Hagberg’s Meats, a family-owned butcher shop that opened in 1938
  • Marma, with menus inspired by food from all over the world
  • Sunshine Coffee Co., a cafe that roasts its own beans
  • Gorman’s Restaurant, known for its burgers
  • Lake Elmo Inn, a fine-dining restaurant and community staple since 1983
Downtown further establishes itself as a cornerstone of the community through resources like the library and events like the farmers market, which is on Saturday mornings during the summer, and the annual Lake Elmo 4th of July Kids Parade. You can find big-box stores and chain restaurants in Woodbury or Stillwater.

Lake Elmo Inn is an upscale eatery in the heart of Lake Elmo.
Lake Elmo Inn is an upscale eatery in the heart of Lake Elmo.
Hagberg's Meats is a great lunch spot with sandwiches, a deli and a meat market.
Hagberg's Meats is a great lunch spot with sandwiches, a deli and a meat market.
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Commuters take the interstate to the Twin Cities

Parts of Lake Elmo are walkable during the warmer months, including the downtown district, but most people rely on cars to get around. “If they aren’t work-from-home, the vast majority of people are commuting somewhere,” Bean says. Access to interstates 94 and 694 makes it easy to commute across the Twin Cities. It’s about 20 minutes to downtown Saint Paul and half an hour to downtown Minneapolis. Public transportation is limited, but Metro Transit does have a bus route along Stillwater Boulevard. Lake Elmo Airport is on the outskirts of the city, and you can sometimes hear planes coming and going. “It’s mostly just hobbyists,” Bean says.

Zia Sampson
Written By
Zia Sampson
Tyler McNair
Photography Contributed By
Tyler McNair
Brice Maddox
Video By
Brice Maddox

Interested in learning more about homes in this area? Reach out to Mark Hronski, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Area Facts

Number of Homes
4,406
Number of Homes for Sale
68
Median Year Built
2001
Months of Supply
2.90
Average Single Family Home Size Sq Ft
2,560
Above the national average
1,933
Average Townhouse Size Sq Ft
2,165
Average 2 Bedroom Size Sq Ft
1,387
Median Lot Size Sq Ft
21,344

Open Houses

Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Lake Elmo Has More Owners

Rental Home Trends

Number of Homes for Rent
10
Median Rent
$3,145
Median Single Family Home Rent
$3,245
Median 4 Bedroom Single Family Home Rent
$4,013
Median Townhouse Rent
$2,495
Median 3 Bedroom Townhouse Rent
$2,495

Demographics

Total Population
15,197
Median Age
42
Population under 18
25.5%
On par with the national average
23.8%
Population over 65
19.4%
On par with the national average
19.1%

Finances

Median Household Income
$167,808
Significantly above the national average
$79,597
Average Household Income
$188,652

Education and Workforce

High School Graduates
97.6%
College Graduates
61.2%
Significantly above the national average
34.1%
Advanced Degrees
25.1%
Above the national average
13.3%
% Population in Labor Force
75.2%

Weather

Annual Precipitation
33''
Average Winter Low Temperature
3°F
Average Summer High Temperature
81°F
Annual Snowfall
29''

Area Factors

Moderately bikeable

Bikeability®

60 / 100

Somewhat walkable

Walkability®

20 / 100

Limited public transit

Transit®

30 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Lake Elmo
Mark Hronski
LPT Realty, LLC
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