$2,375,000
$125K PRICE DROP

Estimated payment $17,117/month

Total Views 44,819
3 Beds
3.5 Baths
3,700 Sq Ft
$642 Price per Sq Ft

Highlights

  • River View
  • Fireplace in Primary Bedroom
  • Built-In Double Oven
  • Stillwater Middle School Rated A-
  • Party Room
  • The kitchen features windows

About This Home

Rising above the heart of historic downtown Stillwater, this extraordinary penthouse at The Lofts of Stillwater represents a rare convergence of architecture, craftsmanship, and location. From its elevated vantage point, sweeping panoramic views unfold across the St. Croix River Valley and the historic skyline of Stillwater, creating a constantly changing backdrop of light, water, and timeless beauty. Designed for those who appreciate the exceptional, the residence embodies what true penthouse living was always meant to be—private, refined, and quietly spectacular. Every space has been thoughtfully curated with remarkable attention to detail, blending modern innovation with natural textures and timeless materials. Inside, rich architectural elements set the tone. A dramatic ledge-stone feature wall anchors the living space, while fossilized stone countertops introduce a rare natural artistry seldom found in residential design. Advanced home technology elevates the living experience with computerized lighting and automated drapery systems, creating effortless transitions from day to evening while framing the extraordinary views beyond. The interiors were conceived not simply as rooms, but as a collection of spaces that celebrate light, craftsmanship, and comfort. Expansive windows draw the surrounding landscape inward, while custom finishes and carefully selected materials create an environment that feels both sophisticated and welcoming. Beyond the walls of the residence, The Lofts of Stillwater place you just steps from the charm and energy that define one of Minnesota’s most beloved river towns—boutique shopping, award-winning dining, riverfront parks, and the storied streets of downtown Stillwater. Residences of this caliber seldom become available. For those who have been waiting for an opportunity to own one of Stillwater’s most exceptional penthouses, this offering represents a truly rare moment.

Listing Agent

Richard McDonough

Lakes Sotheby's International Realty Listed on: 03/15/2026

Lakes Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,872

Year Built

  • Built in 2006

HOA Fees

  • $1,500 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Subterranean Parking

Property Views

Home Design

  • Property Attached

Interior Spaces

  • 3,700 Sq Ft Home
  • 1-Story Property
  • Chandelier
  • Two Way Fireplace
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Open Floorplan

Kitchen

  • Built-In Double Oven
  • Range
  • Dishwasher
  • Disposal
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Eco-Friendly Details

  • Electronic Air Cleaner
  • Air Exchanger

Outdoor Features

  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 200+ Amp Service

Listing and Financial Details

  • Assessor Parcel Number 2803020140155

Community Details

Overview

  • Association fees include building exterior, hazard insurance, heating, ground maintenance, professional mgmt, sanitation, shared amenities
  • Gassen Association, Phone Number (952) 922-5575
  • High-Rise Community
  • Cic 255 Subdivision

Amenities

  • Party Room

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,872

Year Built

Built in 2006

Lot Details

0 Sq Ft Lot

HOA Fees

$1,500 per month

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: (CC) High Rise (4+ Levels)
  • Cooling System: Central Air
  • Outside Features: Stone
  • Garage Spaces: 3
  • Accessibility Features: Other
  • Fireplaces: 4
  • Water Source: City Water/Connected
  • Association Amenities: Other
  • Fee Frequency: Monthly
  • Year Built: 2006
  • Above Grade Finished Sq Ft: 3700
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Owner Access
  • Appliances: Air-To-Air Exchanger, Chandelier, Dishwasher, Disposal, Double Oven, Dryer, Electronic Air Filter, Exhaust Fan, Range, Refrigerator, Wall Oven, Washer
  • Fireplace Features: Two Sided, Family Room, Living Room, Primary Bedroom
  • Living Area: 3700
  • Fireplace: Yes
  • Basement YN: No
  • Shared Rooms: Amusement/Party Room

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 2

Exterior Features

  • Foundation Details: None
  • PatioPorchType: Wrap Around

Garage/Parking

  • Parking Features: Underground

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • LaundryFeatures: Main Level
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • HOA Fee Includes: Building Exterior, Hazard Insurance, Heating, Maintenance Grounds, Professional Mgmt, Sanitation, Shared Amenities
  • Phone: 9529225575
  • Association Fee: 1500
  • Association: Yes
  • Amenities Unit: Balcony, Ceiling Fan(s), City View, Hardwood Floors, Indoor Sprinklers, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Natural Woodwork, Panoramic View, In-Ground Sprinkler, Wet Bar, Walk-In Closet

Association/Amenities

  • HOA Management Co: Gassen

Schools

  • Junior High Dist: Stillwater
  • SchoolDistrictPhone: 6513518301

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: Yes
  • Lot Size: 0
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Residential-Multi-Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: 2803020140155
  • Tax Annual Amount: 32872
  • TaxWithAssessments: 32276

Multi Family

  • WaterfrontFeatures: River View

3D Interior and Exterior Tours

Floorplan

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
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 $32,872 $2,364,900 $1,615,000 $749,900
2023 $32,276 $2,574,200 $1,788,500 $785,700
2022 $29,720 $2,442,000 $1,747,300 $694,700
2021 $28,742 $2,144,800 $1,530,000 $614,800
2020 $28,774 $2,137,400 $1,530,000 $607,400
2019 $30,272 $2,114,900 $1,450,000 $664,900
2018 $27,572 $2,108,000 $1,380,000 $728,000
2017 $23,372 $1,924,500 $1,200,000 $724,500
2016 $18,484 $1,574,000 $1,100,000 $474,000
2015 $17,980 $1,243,900 $800,000 $443,900
2013 -- $1,141,900 $718,000 $423,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2026 05/26/26 Price Changed $2,375,000 -5.0% $642 / Sq Ft
03/15/2026 03/15/26 For Sale $2,500,000 -- $676 / Sq Ft
Source: NorthstarMLS

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 Type Sale Price Title Company
Warranty Deed $2,000,000 Home Title Inc
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 Loan Amount Loan Type
Open $1,400,000 Adjustable Rate Mortgage/ARM
Source: Public Records

About the Listing Agent

Richard McDonough

Lakes Sotheby's International Realty

(651) 410-5393

Section Image

Your Guide through the Real Estate market. Richard
McDonough can provide you with the best possible service
for all your real estate needs. Richard is a multiyear
winner of the MPLS St. Paul Magazine Top Realtor
Award. He is also included in the top 1% of realtors in the
country. Richard is licensed in both Minnesota and
Wisconsin; specializing in the beautiful St. Croix Valley.

In choosing Richard McDonough Realtors to represent you with
your real estate transaction

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Source: NorthstarMLS

MLS Number: 7030046

NorthstarMLS

APN: 28-030-20-14-0155

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