$1,599,000
$41K PRICE DROP

1389 Palmer Dr N Lake Elmo, MN 55042

Estimated payment $9,325/month

Total Views 7,815
5 Beds
4.5 Baths
5,158 Sq Ft
$310 Price per Sq Ft

Highlights

  • On Golf Course
  • Family Room with Fireplace
  • Breakfast Area or Nook
  • Stillwater Area High School Rated 10
  • Freestanding Bathtub
  • Built-In Double Oven

About This Home

Better than new construction! Don't be fooled by new construction pricing. Not all homes from this builder are from their Luxury lineup, meaning upgrades everywhere in this home! Welcome to 1389 Palmer Drive North, a former luxury model home that exemplifies refined craftsmanship and elevated living. Meticulously maintained, richly appointed, and loaded with upgrades this property truly has it all! Perfectly positioned along the 8th green of The Royal Club Golf Course, this residence offers an unparalleled combination of sophistication, comfort, and modern functionality. From the moment you arrive, the home’s timeless curb appeal and manicured landscaping make a statement. The combination of board-and-batten siding, stone accents, and designer finishes highlight the meticulous attention to detail throughout this property. Inside, natural light pours through expansive windows, illuminating an open-concept design that seamlessly blends modern luxury with classic charm. Every space has been thoughtfully curated, featuring custom millwork, wide-plank hardwood floors, and soaring ceilings. The gourmet kitchen is a showstopper — complete with high-end appliances, an oversized island, Cambria countertops, and elegant brass lighting fixtures. Adjacent, the formal dining room sets the tone for memorable gatherings, while the cozy great room with its stone fireplace offers the perfect retreat. With access to the expansive outdoor deck and kitchen the screened porch with fireplace, Eze-Breeze windows, and wood-paneled ceiling overlooks lush fairways, greens and sunset views. The designer details continue throughout the lower level with an entertainment area that rivals a private club, complete with a custom wet bar, gaming space, and access to the beautifully landscaped backyard. The upper level offers a luxurious primary suite with spa-inspired bath including a freestanding tub, in-floor heat, walk-in shower, and dual vanities, a sanctuary of relaxation after a day on the course. A second bedroom with en suite bathroom provides comfort and privacy for family or guests, while the bonus room offers flexible space that could easily serve as a playroom, homework hub, or private family lounge. Every element of this home reflects thoughtful design and refined functionality. The oversized three-car heated garage is more than a place to park; it's a pristine extension of the home, finished with epoxy flooring, professional storage systems, and a dedicated golf cart bay for effortless access to the course. A private home gym offers the convenience of fitness just steps away, while integrated smart home technology and in-floor heat elevate daily living with seamless control and high-performance comfort. Outside, a charming “19th Hole” backyard retreat provides the perfect finishing touch, a welcoming space for stowing your gear or sharing post-round refreshments as the sun sets over the fairway. Nestled within one of Lake Elmo’s most coveted communities, The Royal Club offers championship golf, scenic walking paths, and a vibrant neighborhood ambiance. Schedule your private tour today and discover why luxury buyers choose The Royal Club living.

Listing Agent

David Reed

RE/MAX Results Listed on: 01/02/2026

RE/MAX Results

Co-Listing Agent

Molly Dandelet

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,058

Year Built

  • Built in 2022

Lot Details

  • Lot Dimensions are 110 x 150 x 94 x 150
  • On Golf Course
  • Few Trees

HOA Fees

  • $102 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2-Story Property
  • Stone Fireplace
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Dining Room
  • Open Floorplan

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Double Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Freestanding Bathtub

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Sump Pump
  • Drain
  • Basement Window Egress

Eco-Friendly Details

  • Air Exchanger

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • 200+ Amp Service
  • Gas Water Heater
  • Water Softener is Owned

Community Details

  • Association fees include professional mgmt, recreation facility, sanitation, shared amenities
  • Associa Association, Phone Number (763) 225-6400
  • Royal Golf Club/Lk Elmo 3Rd Ad Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2502921310055

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,058

Year Built

Built in 2022

Lot Details

0.35 Acres

HOA Fees

$102 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 3
  • Water Source: City Water/Connected
  • Fee Frequency: Quarterly
  • Year Built: 2022
  • Above Grade Finished Sq Ft: 3737
  • Unit Levels: Two
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Daylight/Lookout Windows, Drain Tiled, Egress Window(s), Finished, Concrete, Sump Basket, Sump Pump, Walkout
  • Appliances: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Exhaust Fan, Freezer, Humidifier, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
  • Fireplace Features: Family Room, Gas, Stone
  • Living Area: 5158
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1421
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Architectural Shingle, Asphalt

Garage/Parking

  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

  • Heating: Forced Air, Fireplace(s)
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Laundry Room, Upper Level
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Professional Mgmt, Recreation Facility, Sanitation, Shared Amenities
  • Phone: 7632256400
  • Association Fee: 306
  • Association: Yes

Association/Amenities

  • HOA Management Co: Associa

Schools

  • Junior High Dist: Stillwater
  • SchoolDistrictPhone: 6513518301

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 110 x 150 x 94 x 150
  • Land Lease: No
  • Lot Features: On Golf Course, Tree Coverage - Light
  • Additional Parcels: No
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Frame

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2502921310055
  • Tax Annual Amount: 12058
  • TaxWithAssessments: 12058

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,058 $1,133,300 $327,100 $806,200
2023 $12,058 $1,076,300 $287,100 $789,200
2022 $150 $310,300 $310,300 $0
2021 $3,294 $12,000 $12,000 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2026 01/17/26 Price Changed $1,599,000 -2.5% $310 / Sq Ft
01/09/2026 01/09/26 For Sale $1,640,000 +15.5% $318 / Sq Ft
10/20/2024 10/20/24 Off Market $1,419,465 -- --
08/29/2023 08/29/23 Sold $1,419,465 -- $260 / Sq Ft View Prior Sale
Source: NorthstarMLS

Purchase History

Date Type Sale Price Title Company
Deed $1,282,213 --
Source: Public Records

Source: NorthstarMLS

MLS Number: 7001388

NorthstarMLS

APN: 25-029-21-31-0055

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