7504 Lotus Lane, Lino Lakes, MN 55038

$617,220
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 3,938 Lot Size (sq. ft.): 8,712 Status: Closed
Current Price: $617,220 List Date: 2/24/2026 Last Modified: 7/22/2026

Overview

Description

Home is under construction and complete in July! Located in the highly sought-after Watermark community, this spacious two-story home offers an open-concept layout designed for modern living. The kitchen overlooks the dining area and Great Room, creating a seamless flow perfect for entertaining. A versatile main-level flex room provides options for a home office, additional living space, or playroom. Upstairs, the luxurious owner’s suite is complemented by three secondary bedrooms—each with its own walk-in closet—and a central loft ideal for relaxing or gathering. This home is set on a spacious walkout homesite and finished lower level in beautiful Watermark, where residents enjoy thoughtfully planned green spaces, trails, and a welcoming neighborhood atmosphere.

Listing Details MLS# 7025970

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
Yes
Projected Completion Date
2026-07-04
Waterfront YN
No
Year Built
2026
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
3
Bath Half
Yes
Main Floor Total SqFt
1226
Above Grd Total SqFt
2712
Below Grd Total SqFt
1226
Total SqFt
3938
Total Finished Sqft
3483.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
1226
Association Fee
168
Garage Stalls
3
Lot Dimensions
TBD
Acres
0.2
Assessment Pending
No
Bath Three Quarters
0
Bath Quarter
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Natural Woodwork; Paneled Doors; Porch; Primary Bedroom Walk-In Closet; Walk-In Closet; Washer/Dryer Hookup Appliances: Air-To-Air Exchanger; Dishwasher; Disposal; Microwave; Range; Refrigerator Association Fee Includes: Professional Mgmt; Sanitation Bath Description: Double Sink; Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary Builder Information: Builders Association of the Twin Cities Construction Materials: Concrete; Frame Construction Status: Under Construc/Spec Homes Dining Room Description: Eat In Kitchen; Informal Dining Room; Kitchen/Dining Room; Living/Dining Room Electric: 200+ Amp Service Exterior: Brick/Stone; Vinyl Family Room Characteristics: 2 or More; Great Room; Loft; Main Level Financing Terms: Conventional Fireplace Characteristics: Electric; Family Room Fuel: Natural Gas Heating: Forced Air Laundry: Gas Dryer Hookup; Laundry Room; Upper Level; Washer Hookup Lot Description: Sod Included in Price Parking Characteristics: Garage Door Opener Road Frontage: City Street; Curbs; Paved Streets Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles 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

Off Market Date
2026-06-01
Contingency
None
Closed Date
2026-07-06
Original List Price
678270
Sales Close Price
617220
ListPrice
617220
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
7504
Street Name
Lotus
Street Suffix
Lane
Postal City
Lino Lakes
County
Anoka
State
MN
Zip Code
55038
Complex/Dev/Subdivision
Watermark

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
2026-07-04
Finished SqFt Above Ground
2692
Finished SqFt Below Ground
791

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Community Name
Watermark
DP Resource
Yes
Homestead
No

Model Information

Hours Model Open
Daily 11am-6pm
Model Location
2059 Norway Ln, Lino Lakes, MN 55038
Model Phone
952-373-0485

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
649
Garage Door Opener
Yes

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
Yes
Legal Description
BLOCK 4 LOT 4 WATERMARK
Listing City
Lino Lakes
Map Page
66
Municipality
Lino Lakes
School District
Forest Lake
School District Phone
651-982-8103
Property ID Number
133122210058
Tax Year
2026
Tax Amount
0
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Home is under construction and complete in July! Located in the highly sought-after Watermark community, this spacious two-story home offers an open-concept layout designed for modern living. The kitchen overlooks the dining area and Great Room, creating a seamless flow perfect for entertaining. A versatile main-level flex room provides options for a home office, additional living space, or playroom. Upstairs, the luxurious owner’s suite is complemented by three secondary bedrooms—each with its own walk-in closet—and a central loft ideal for relaxing or gathering. This home is set on a spacious walkout homesite and finished lower level in beautiful Watermark, where residents enjoy thoughtfully planned green spaces, trails, and a welcoming neighborhood atmosphere.
Directions
Head north on I-35W, take Exit 26B onto I-694 East, merge onto I-35E North, take Exit 123B for County Highway 14/Main Street, turn right onto County Highway 14/Main Street, turn left onto 20th Avenue North.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Natural Woodwork
Yes
Paneled Doors
Yes
Porch
Yes
Primary Bedroom Walk-In Closet
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes

Appliances

Air-To-Air Exchanger
Yes
Dishwasher
Yes
Disposal
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Assessments

Assessment Balance
0
Tax With Assessments
0

Association Fee Includes

Professional Mgmt
Yes
Sanitation
Yes

Bath Description

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

Construction Materials

Concrete
Yes
Frame
Yes

Construction Status

Under Construc/Spec Homes
Yes

Dining Room Description

Eat In Kitchen
Yes
Informal Dining Room
Yes
Kitchen/Dining Room
Yes
Living/Dining Room
Yes

Electric

200+ Amp Service
Yes

Exterior

Brick/Stone
Yes
Vinyl
Yes

Family Room Characteristics

2 or More
Yes
Great Room
Yes
Loft
Yes
Main Level
Yes

Financing Terms

Conventional
Yes

Fireplace Characteristics

Electric
Yes
Family Room
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

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

Lot Description

Sod Included in Price
Yes

Patio, Porch and Deck Features

Front Porch
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes
Asphalt Shingles
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
Dining Room 11x13 Main
First (1st) Bedroom 15x16 Upper
Flex Room 12x13 Main
Fourth (4th) Bedroom 11x12 Upper
Great Room 16x17 Main
Garage 29x21 Main
Kitchen 12x13 Main
Loft 12x10 Upper
Second (2nd) Bedroom 12x12 Upper
Third (3rd) Bedroom 12x14 Upper
Fifth (5th) Bedroom 11x12 Basement
Recreation Room Basement
IDX
Listing Office: Lennar Sales Corp
Last Updated: July - 22 - 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.