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11401 Masters Street N, Lake Elmo, MN 55042

$1,318,660

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https://my.matterport.com/show/?m=FsVE5DyQUeN&mls=1

Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 5,481 Lot Size (sq. ft.): 14,810 Status: Active

Current Price: $1,318,660 List Date: 3/03/2026 Last Modified: 6/30/2026

Overview

Description

This under construction home will be finished in August! This new two-story home showcases an elegant design with a versatile lower level. The first floor features a formal dining room and a study framing the foyer, followed by a family room with a fireplace and a modern kitchen with a nook. Upstairs are three secondary bathrooms, a loft for shared living space and the lavish owner’s suite with a spa-style bathroom. It's finished basement with an additional 5th be and 5th bath and completed three-car garage completes the home.

Listing Details MLS# 7029766

General Property Information

Assoc Mgmt Co. Phone #: 763-225-6400
Association Fee Frequency: Quarterly
Association Mgmt Co. Name: Associa
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Projected Completion Date: 2026-08-16
Waterfront YN: No
Year Built: 2026
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Bath Three Quarters: 2
Bath Half: Yes
Main Floor Total SqFt: 1744
Above Grd Total SqFt: 3763
Below Grd Total SqFt: 1718
Total SqFt: 5481
Total Finished Sqft: 5184.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 1718
Association Fee: 306
Garage Stalls: 3
Lot Dimensions: 100x150
Acres: 0.34
Assessment Pending: Unknown
# Carport Spaces: 0
Bath Quarter: 0

Property Features

Accessible: None Air Conditioning: Central Air; Zoned Amenities Unit: Cable; Ceiling Fan(s); Ethernet Wired; Exercise Room; French Doors; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Multiple Phone Lines; Paneled Doors; Panoramic View; Porch; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet; Washer/Dryer Hookup; Other Appliances: Air-To-Air Exchanger; Cooktop; Dishwasher; Disposal; Double Oven; Energy Star Appliances; Microwave; Refrigerator; Wine Cooler Association Fee Includes: Professional Mgmt; Recreation Facility; Shared Amenities; Other Bath Description: Double Sink; Main Floor 1/2 Bath; Upper Level 3/4 Bath; Upper Level Full Bath; Full Primary; 3/4 Basement; Bathroom Ensuite; Separate Tub & Shower; Other Builder Information: Builders Association of the Twin Cities Construction Materials: Concrete; Frame Construction Status: Under Construc/Spec Homes Dining Room Description: Informal Dining Room; Separate/Formal Dining Room Electric: 200+ Amp Service; Circuit Breakers Exterior: Brick/Stone; Engineered Wood; Shakes; Other Family Room Characteristics: Entertainment/Media Center; Great Room; Main Level Fencing: None Fireplace Characteristics: Amusement Room; Family Room; Gas Burning; Stone; Other Foundation: Other Fuel: Electric; Natural Gas Heating: Forced Air; Zoned Laundry: Gas Dryer Hookup; Laundry Room; Sink; Upper Level; Washer Hookup Lot Description: On Golf Course; Sod Included in Price; Tree Coverage - Light; Underground Utilities Parking Characteristics: Garage Door Opener; Insulated Garage Pool Description: Below Ground; Shared Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Street Lights Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Architectural Shingle; Asphalt Shingles; Pitched Sellers Terms: Cash; Conventional; VA Sewer: City Sewer/Connected Special Search: 2nd Floor Laundry; 3 BR on One Level; 4 BR on One Level Stories: Two Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 1398560
ListPrice: 1318660
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 11401
Street Name: Masters
Street Suffix: Street
Street Direction Suffix: N
Postal City: Lake Elmo
County: Washington
State: MN
Zip Code: 55042
Complex/Dev/Subdivision: Royal Club

Builder Information

Builder ID: LENNAR
Builder License Number: 1413
Builder Name: LENNAR
Builders Association of the Twin Cities: Yes

Building Information

Availability Dt for Closing: 2026-08-16
Finished SqFt Above Ground: 3763
Finished SqFt Below Ground: 1421

More Information

Green Verification

Green Certified Status: Pending
Green Verification Type: GreenStar Homes Certification
Verification Status: In Process

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Community Name: Royal Club
Homestead: No

Model Information

Hours Model Open: 11-6
Model Location: 1848 Royal Blvd, Lino Lake
Model Phone: 612-490-1625

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Door Height: 8
Garage Square Feet: 794
Garage Door Opener: Yes
Insulated Garage: Yes

Public Survey Info

Range#: 21
Section#: 25
Township#: 29

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: Yes
Legal Description: BLOCK 2 LOT 02
Listing City: Lake Elmo
Map Page: 110
Municipality: Lake Elmo
School District: Stillwater
School District Phone: 651-351-8301
Zip Plus 4: 4270
Property ID Number: TBD
Tax Year: 2026
Tax Amount: 0
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: This under construction home will be finished in August! This new two-story home showcases an elegant design with a versatile lower level. The first floor features a formal dining room and a study framing the foyer, followed by a family room with a fireplace and a modern kitchen with a nook. Upstairs are three secondary bathrooms, a loft for shared living space and the lavish owner’s suite with a spa-style bathroom. It's finished basement with an additional 5th be and 5th bath and completed three-car garage completes the home.
Directions: 694 to 10th St, east to Lake Elmo Ave N, North to Royal Blvd-to Master Street N

Accessible

None: Yes

Air Conditioning

Central Air: Yes
Zoned: Yes

Amenities Unit

Cable: Yes
Ceiling Fan(s): Yes
Ethernet Wired: Yes
Exercise Room: Yes
French Doors: Yes
Hardwood Floors: Yes
In-Ground Sprinkler: Yes
Kitchen Center Island: Yes
Multiple Phone Lines: Yes
Paneled Doors: Yes
Panoramic View: Yes
Porch: Yes
Primary Bedroom Walk-In Closet: Yes
Tile Floors: Yes
Walk-In Closet: Yes
Washer/Dryer Hookup: Yes
Other: Yes

Appliances

Air-To-Air Exchanger: Yes
Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Double Oven: Yes
Energy Star Appliances: Yes
Microwave: Yes
Refrigerator: Yes
Wine Cooler: Yes

Assessments

Assessment Balance: 0
Tax With Assessments: 0

Association Fee Includes

Professional Mgmt: Yes
Recreation Facility: Yes
Shared Amenities: Yes
Other: Yes

Bath Description

Double Sink: Yes
Main Floor 1/2 Bath: Yes
Upper Level 3/4 Bath: Yes
Upper Level Full Bath: Yes
Full Primary: Yes
3/4 Basement: Yes
Bathroom Ensuite: Yes
Separate Tub & Shower: Yes
Other: Yes

Construction Materials

Concrete: Yes
Frame: Yes

Construction Status

Under Construc/Spec Homes: Yes

Dining Room Description

Informal Dining Room: Yes
Separate/Formal Dining Room: Yes

Electric

200+ Amp Service: Yes
Circuit Breakers: Yes

Exterior

Brick/Stone: Yes
Engineered Wood: Yes
Shakes: Yes
Other: Yes

Family Room Characteristics

Entertainment/Media Center: Yes
Great Room: Yes
Main Level: Yes

Fencing

None: Yes

Fireplace Characteristics

Amusement Room: Yes
Family Room: Yes
Gas Burning: Yes
Stone: Yes
Other: Yes

Foundation

Other: Yes

Fuel

Electric: Yes
Natural Gas: Yes

Heating

Forced Air: Yes
Zoned: Yes

Insurance Fee

Insurance Fee: 0

Laundry

Gas Dryer Hookup: Yes
Laundry Room: Yes
Sink: Yes
Upper Level: Yes
Washer Hookup: Yes

Lot Description

On Golf Course: Yes
Sod Included in Price: Yes
Tree Coverage - Light: Yes
Underground Utilities: Yes

Patio, Porch and Deck Features

Front Porch: Yes

Pool Description

Below Ground: Yes
Shared: Yes

Road Frontage

City Street: Yes
Curbs: Yes
Paved Streets: Yes
Sidewalks: Yes
Street Lights: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes
Architectural Shingle: Yes
Asphalt Shingles: Yes
Pitched: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Special Search

2nd Floor Laundry: Yes
3 BR on One Level: Yes
4 BR on One Level: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Room Information

Room Name	Dimensions	Level
Bonus Room	14x13	Upper
Dining Room	16x13	Main
Exercise Room	12x10	Lower
Family Room	20x17	Main
Fifth (5th) Bedroom	15x10	Lower
First (1st) Bedroom	17x15	Upper
Fourth (4th) Bedroom	13x12	Upper
Kitchen	19x14	Main
Recreation Room	19x17	Lower
Second (2nd) Bedroom	14x13	Upper
Third (3rd) Bedroom	13x12	Upper

Listing Office: Lennar Sales Corp

Last Updated: June - 30 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.