12423 72nd Street NE, Elk River, MN 55330

New Listing
$525,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,254 Lot Size (sq. ft.): 11,326 Status: Active
Current Price: $525,000 List Date: 6/09/2026 Last Modified: 6/09/2026

Overview

Description

Beautiful two story home located in the amazing Martin Farms neighborhood! On the main level, you'll find a comfortable open concept layout with granite countertops, stainless steel appliances, a double oven, a generous center island, walk in pantry, great natural light, and a convenient office/ flex room just off the entry. The upper level offers a primary suite with an en suite bath and a large walk in closet, plus three additional bedrooms, a full bathroom, and laundry. The lower level features a family room, bedroom, and ¾ bathroom, perfect for entertaining or extra space. Outside the yard is equiped with an underground pet fence and an in ground irrigation system. You'll love the serene backyard overlooking a private pond with ice skating in the winter! This community features great shared amenities, including two community pools, walking trails, parks, and a basketball court! Schedule your showing today!

Listing Details MLS# 7089395

General Property Information

Assoc Mgmt Co. Phone #
952-277-2700
Association Fee Frequency
Monthly
Association Mgmt Co. Name
First Service Residential
Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Waterfront Present
No
Year Built
2016
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
3
Bath Half
Yes
Main Floor Total SqFt
1100
Above Grd Total SqFt
2354
Below Grd Total SqFt
900
Total SqFt
3254
Total Finished Sqft
3086.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
1000
Association Fee
76
Garage Stalls
3
Lot Dimensions
88x160x75x160
Acres
0.26
Assessment Pending
No
Bath Three Quarters
0
Bath Quarter
0

Property Features

Accessible: Hallways 42"+ Air Conditioning: Central Air Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator Association Fee Includes: Professional Mgmt; Recreation Facility; Other Assumable Loan: Not Assumable Basement: Drain Tiled Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary Construction Status: Previously Owned Existing Financing: Conventional Exterior: Brick/Stone; Vinyl Fireplace Characteristics: Electric Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air Internet Options: Fiber Optic Laundry: Main Level Lock Box Type: Combo Pool Description: Shared Roof: Architectural Shingle Sellers Terms: Cash; Conventional; FHA; VA; Other Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
525000
ListPrice
525000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
12423
Street Name
72nd
Street Suffix
Street
Street Direction Suffix
NE
Postal City
Elk River
County
Wright
State
MN
Zip Code
55330
Complex/Dev/Subdivision
Martin Farms 2nd Add

Assessments

Tax With Assessments
4690
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2354
Finished SqFt Below Ground
732

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
630

Public Survey Info

Range#
23
Section#
30
Township#
121

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
Yes
Legal Description
SECT-30 TWP-121 RANGE-023 MARTIN FARMS 2ND ADD LOT-004 BLOCK-003
Listing City
Otsego
Map Page
47
Municipality
Otsego
School District
Elk River
School District Phone
763-241-3400
Zip Plus 4
5098
Property ID Number
118275003040
Tax Year
2025
Tax Amount
4690
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Beautiful two story home located in the amazing Martin Farms neighborhood! On the main level, you'll find a comfortable open concept layout with granite countertops, stainless steel appliances, a double oven, a generous center island, walk in pantry, great natural light, and a convenient office/ flex room just off the entry. The upper level offers a primary suite with an en suite bath and a large walk in closet, plus three additional bedrooms, a full bathroom, and laundry. The lower level features a family room, bedroom, and ¾ bathroom, perfect for entertaining or extra space. Outside the yard is equiped with an underground pet fence and an in ground irrigation system. You'll love the serene backyard overlooking a private pond with ice skating in the winter! This community features great shared amenities, including two community pools, walking trails, parks, and a basketball court! Schedule your showing today!
Directions
70th St W, turn right on Martin Farms Ave NE, turn right on 72nd Ave NE, property on the righ

Accessible

Hallways 42"+
Yes

Air Conditioning

Central Air
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Association Fee Includes

Professional Mgmt
Yes
Recreation Facility
Yes
Other
Yes

Assumable Loan

Not Assumable
Yes

Basement

Drain Tiled
Yes

Bath Description

Main Floor 1/2 Bath
Yes
Upper Level Full Bath
Yes
Full Primary
Yes

Construction Status

Previously Owned
Yes

Existing Financing

Conventional
Yes

Exterior

Brick/Stone
Yes
Vinyl
Yes

Fireplace Characteristics

Electric
Yes

Foundation

Poured Concrete
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Fiber Optic
Yes

Lake/Waterfront

Pond
Yes

Laundry

Main Level
Yes

Lock Box Type

Combo
Yes

Pool Description

Shared
Yes

Roof

Architectural Shingle
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
Other
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Room Information

Room Name Dimensions Level
Dining Room 12.7x10.4 Main
First (1st) Bedroom 14x14.3 Upper
Kitchen 12.7x11 Main
Living Room 18.2x17.5 Main
IDX
Listing Office: Fuze Real Estate
Last Updated: June - 09 - 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.