Seller's Agent in 2025
Traci Peterson
Edina Realty, Inc.
(612) 386-8577
10 in this area
79 Total Sales
4040 Lakeridge Rd Excelsior, MN 55331
Estimated Value: $1,155,000 - $1,212,000
5
Beds
5
Baths
4,468
Sq Ft
$263/Sq Ft
Est. Value
Highlights
- Lake Front
- 30,492 Sq Ft lot
- Family Room with Fireplace
- Minnewashta Elementary School Rated A
- Deck
- Game Room
About This Home
As of October 2025Stunning 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
- 30,492 Sq Ft Lot
- Lot Dimensions are 117x60x353x345
- Lake Front
- Few Trees
HOA Fees
- $30 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Parking Storage or Cabinetry
- Garage Door Opener
Interior Spaces
- 2-Story Property
- Chandelier
- 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
- Laundry Room
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Sump Pump
- Drain
- Block Basement Construction
Outdoor Features
- Deck
Utilities
- Forced Air Heating and Cooling System
- Vented Exhaust Fan
- Gas Water Heater
- Water Softener is Owned
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2025
Closed on
Oct 29, 2025
Sold by
Bought by
Seller's Agent
Traci Peterson
Edina Realty, Inc.
Buyer's Agent
Matthew Jones
Edina Realty, Inc.
List Price
$1,200,000
Sold Price
$1,180,000
Premium/Discount to List
-$20,000
-1.67%
Views
35
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,338
Avg. Annual Appreciation
-0.59%
Original Mortgage
$944,000
Outstanding Balance
$944,000
Interest Rate
75%
Mortgage Type
New Conventional
Estimated Equity
$231,662
Purchase Details
Closed on
Jun 13, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,000
Interest Rate
4.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 1, 1999
Sold by
Bought by
Purchase Details
Closed on
Apr 26, 1996
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,180,000 | Edina Realty Title | ||
| $685,000 | Alliance Title Llc | ||
| $515,000 | -- | ||
| $426,760 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $944,000 | ||
| Previous Owner | $542,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2025 10/29/25 | Sold | $1,180,000 | -1.7% | $264 / Sq Ft |
| 09/24/2025 09/24/25 | Pending | -- | -- | -- |
| 09/11/2025 09/11/25 | For Sale | $1,200,000 | -- | $269 / Sq Ft |
Source: NorthstarMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $8,942 | $943,900 | $283,700 | $660,200 |
| 2025 | $8,942 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
Traci Peterson
-
Patti Jo Hermann
P
Seller Co-Listing Agent in 2025
Patti Jo Hermann
Edina Realty, Inc.
(612) 386-8009
2 in this area
29 Total Sales
-
Matthew Jones
Buyer's Agent in 2025
Matthew Jones
Edina Realty, Inc.
(952) 456-2946
15 in this area
77 Total Sales
-
Elizabeth Jones
Buyer Co-Listing Agent in 2025
Elizabeth Jones
Edina Realty, Inc.
(612) 760-7609
10 in this area
35 Total Sales
Map
Source: NorthstarMLS
MLS Number: 6771809
APN: 25.3510030
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of NorthstarMLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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