4040 Lakeridge Rd Excelsior, MN 55331
Estimated payment $7,091/month
Highlights
- Lake Front
- 30,492 Sq Ft lot
- Family Room with Fireplace
- Minnewashta Elementary School Rated A
- Deck
- Game Room
About This Home
Stunning 5BR/5BA two-story walkout with breathtaking views of Lake St. Joe! Floor-to-ceiling windows provide year-round natural light and showcase beautiful lake scenery in every season. This spacious, well-maintained home combines modern updates with timeless design, offering exceptional comfort and functionality.
The upper level includes four bedrooms, featuring a luxurious primary suite with an updated en-suite bath, a princess suite with private bath, and a Jack-and-Jill bath shared by two additional bedrooms. Ideal layout for families or guests.
Main level offers a beautifully remodeled kitchen with walk-in pantry and beverage center, open to both formal and informal dining areas. Enjoy lake views from the large family room, plus a formal living room and a dedicated home office for added flexibility.
The finished walkout lower level features a 5th bedroom, spacious entertainment area, and 3⁄4 bath—perfect for guest accommodations, recreation, or additional living space.
Enjoy peace, privacy, and scenic beauty just minutes from town. A rare opportunity to own a move-in-ready home in an incredible location!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,010
Year Built
- Built in 1996
Lot Details
- 0.7 Acre Lot
- Lot Dimensions are 117x60x353x345
- Lake Front
HOA Fees
- $30 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Parking Storage or Cabinetry
- Garage Door Opener
Interior Spaces
- 2-Story Property
- Family Room with Fireplace
- 2 Fireplaces
- Living Room
- Dining Room
- Home Office
- Game Room
Kitchen
- Walk-In Pantry
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Wine Cooler
- Stainless Steel Appliances
- Disposal
- The kitchen features windows
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Sump Pump
- Drain
Additional Features
- Deck
- Forced Air Heating and Cooling System
Community Details
- Association fees include shared amenities
- The Highlands On Lake St. Joe Association, Phone Number (612) 239-2319
- Highlands On Lake St Joe Chan Subdivision
Listing and Financial Details
- Assessor Parcel Number 253510030
Map
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $8,010 | $787,500 | $279,000 | $508,500 |
| 2024 | $7,390 | $716,400 | $237,500 | $478,900 |
| 2023 | $7,118 | $682,900 | $202,500 | $480,400 |
| 2022 | $7,274 | $663,300 | $201,400 | $461,900 |
| 2021 | $7,306 | $609,300 | $167,900 | $441,400 |
| 2020 | $8,516 | $609,300 | $167,900 | $441,400 |
| 2019 | $8,958 | $708,400 | $169,400 | $539,000 |
| 2018 | $7,702 | $708,400 | $169,400 | $539,000 |
| 2017 | $7,486 | $614,200 | $147,300 | $466,900 |
| 2016 | $8,326 | $643,900 | $0 | $0 |
| 2015 | $7,774 | $641,700 | $0 | $0 |
| 2014 | $7,774 | $572,200 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/11/2025 09/11/25 | For Sale | $1,200,000 | -- | $269 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $685,000 | Alliance Title Llc | |
| Warranty Deed | $515,000 | -- | |
| Warranty Deed | $426,760 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Credit Line Revolving | |
| Open | $494,000 | New Conventional | |
| Closed | $542,000 | New Conventional | |
| Previous Owner | $390,000 | New Conventional | |
| Previous Owner | $400,000 | New Conventional | |
| Previous Owner | $250,000 | New Conventional |
Source: NorthstarMLS
MLS Number: 6771809
APN: 25.3510030
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