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New Construction Homes for Sale in Lake Elmo, MN

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    Royal Club - The Fairway Luxury Collection Community

    $1,167,990 - $1,398,560

    Lake Elmo, MN 55042

    • 3 - 5 Beds
    • 2,983+ Sq Ft

    The Fairway Luxury Collection is a selection of luxurious and spacious single-family homes for sale at the Royal Club masterplan in Lake Elmo, MN. This collection’s homesites back onto the fairway of the Royal Golf Course for beautiful views and championship greens. Amenities for those with a membership include a newly redesigned clubhouse with a restaurant and bar, along with a banquet center.

    Lennar Builder
    Royal Club - The Fairway Luxury Collection
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    Royal Club - The Woods Classic Collection Community

    $843,990 - $1,068,675

    Lake Elmo, MN 55042

    • 4 - 5 Beds
    • 3,328+ Sq Ft

    The Woods Classic Collection offers spacious single-family designs located on wooded homesites with beautiful wetland views, now selling at the Royal Club master-planned community in Lake Elmo, MN. Running along the Royal Golf Course, this community is moments from championship greens for quick rounds. Amenities for those with a membership include a newly redesigned clubhouse with a restaurant

    Lennar Builder
    Royal Club - The Woods Classic Collection
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    Inwood Townhomes - City Collection Community

    Price To Be Determined

    Lake Elmo, MN 55042

    Inwood Townhomes is an upcoming townhome community on the southwest side of Lake Elmo, MN, offering a connected setting just minutes from Woodbury. Located near I-94 and major commuter routes, the neighborhood provides convenient access to the east metro while maintaining a quieter, suburban feel close to nature.The community will feature modern townhomes with thoughtfully planned two- and

    M/I Homes Builder
    Inwood Townhomes - City Collection
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    $1,599,900 Custom Home

    13975 27th St N, Lake Elmo, MN 55042

    • 5 Beds
    • 3 Baths
    • 4,311 Sq Ft

    Welcome to the stunning Laurel home, a perfect blend of luxury and functionality! This exquisite residence features a spacious main level with a chef’s gourmet kitchen boasting a large island, oversized center island & walk-in pantry, ideal for culinary enthusiasts. The dramatic great room/dining room with vaulted ceiling and 12' sliding patio doors with transoms opens to an optional great room

    Jodi Klepac Edina Realty, Inc.

    13975 27th St N, Lake Elmo, MN 55042
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    $539,900 Custom Home

    10969 37th St N, Lake Elmo, MN 55042

    • 3 Beds
    • 3 Baths
    • 1,904 Sq Ft

    Quick move-in Aurora patio home offering convenient main-level living plus a versatile loft with a second family room, third bedroom, and third bath—perfect for guests or additional living space. The open-concept main floor features a gourmet kitchen with white cabinetry, an upgraded gas range, and a custom wood hood. The inviting Gathering Room is centered around a cozy electric fireplace. The

    Dave Steger Robert Thomas Homes, Inc.

    10969 37th St N, Lake Elmo, MN 55042
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    $2,400,000 Lot/Land

    2298 Inwood Ave N, Lake Elmo, MN 55042

    • 78.38 Acres
    • $30,620 per Acre

    Anne Smith MetroHomesMarket.com

    2298 Inwood Ave N, Lake Elmo, MN 55042

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Lake Elmo, MN usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Lake Elmo, MN hold their value?
Yes, especially in fast-growing areas of Lake Elmo, MN. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Lake Elmo, MN

Housing Trends

Median Sale Price
$646,104
Median Single Family Sale Price
$682,450
Median Townhouse Sale Price
$380,000
Average Price Per Sq Ft
$255
Number of Homes for Sale
56
Last 12 months Home Sales
257
Months of Supply
2.60
Median List Price
$675,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-4%

Popular Homebuilders in Lake Elmo, MN

There are 2 homebuilders developing in new home communities in Lake Elmo, MN.

Builder Communities Average List Price
Lennar 2 $1,119,804
M/I Homes 1 TBD
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