11401 Masters Street N, Lake Elmo, MN 55042

$1,398,560
Property Type: Residential Bedrooms: 5 Baths: 5 Square Footage: 5,481 Lot Size (sq. ft.): 14,810 Status: Active
Current Price: $1,398,560 List Date: 3/03/2026 Last Modified: 5/19/2026

Overview

Description

This under construction home 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 Present
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
1398560
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 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

Bonus Room Dimensions: 14x13 Level: Upper Dining Room Dimensions: 16x13 Level: Main Exercise Room Dimensions: 12x10 Level: Lower Family Room Dimensions: 20x17 Level: Main Fifth (5th) Bedroom Dimensions: 15x10 Level: Lower First (1st) Bedroom Dimensions: 17x15 Level: Upper Fourth (4th) Bedroom Dimensions: 13x12 Level: Upper Kitchen Dimensions: 19x14 Level: Main Recreation Room Dimensions: 19x17 Level: Lower Second (2nd) Bedroom Dimensions: 14x13 Level: Upper Third (3rd) Bedroom Dimensions: 13x12 Level: Upper
Listing Office: Lennar Sales Corp
IDX
Last Updated: May - 19 - 2026
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