2040 Diamond Lane, Lino Lakes, MN 55038

New Listing
$550,000
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 3,840 Lot Size (sq. ft.): 17,424 Status: Coming Soon
Current Price: $550,000 List Date: 4/18/2026 Last Modified: 4/19/2026

Overview

Description

It's luxury living at an incredible value! Located in a community-centric, health-conscious neighborhood and uniquely positioned with no neighbors behind and a serene pond view, your sanctuary awaits as the end of a day full of hustle and bustle draws near. This practically-new, one-story Lennar home in the prestigious Watermark community of Lino Lakes, MN, is meticulously designed for the modern professional who refuses to compromise on quality or family time. For the executive seeking the perfect work-life balance, this property offers a turnkey lifestyle that harmonizes high-end style with suburban simplicity. Inside, the home caters to the needs of a growing family with a highly coveted layout featuring three spacious bedrooms on one level and the ultimate convenience of main-level laundry. The open-concept floor plan and luxury kitchen provide a sophisticated backdrop for cooking and family gatherings, while the views of the tranquil pond offer a rare sense of privacy and nature-focused living. Situated within the award-winning Centennial School District, this residence addresses the top priorities of discerning buyers: safety, top-tier education, and with like-new construction you are freed up for what matters most. Beyond your front door, the Watermark lifestyle serves as a private resort tailored to active, fitness-minded lifestyles. Residents enjoy exclusive access to a state-of-the-art clubhouse: featuring an elegant sitting area with a fireplace, meeting rooms, a communal kitchen and gym, pickleball and basketball courts, and an extensive network of nature trails for morning runs or evening strolls. This is more than just a $550,000 house; it is a strategic investment for professionals in tech, finance, or healthcare who desire a peaceful retreat without sacrificing proximity to Twin Cities commerce. Experience the perfect blend of modern convenience and community connection in a home that truly understands the rhythm of your life.

Listing Details MLS# 7045945

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
Waterfront Present
No
Year Built
2020
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
3
Main Floor Total SqFt
1920
Above Grd Total SqFt
1920
Below Grd Total SqFt
1920
Total SqFt
3840
Total Finished Sqft
3346.00
FireplaceYN
Yes
Style
(SF) Single Family
Foundation Size
1920
Association Fee
159
Garage Stalls
2
Lot Dimensions
140 X 65
Acres
0.4
Assessment Pending
No
Bath Three Quarters
0
Bath Half
0
Bath Quarter
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Deck; In-Ground Sprinkler; Kitchen Center Island; Main Floor Primary Bedroom; Primary Bedroom Walk-In Closet; Walk-In Closet Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Association Fee Includes: Professional Mgmt; Shared Amenities Basement: Poured Concrete Bath Description: Main Floor Full Bath; Full Primary; Private Primary; Full Basement Construction Status: Previously Owned Dining Room Description: Informal Dining Room Exterior: Brick/Stone; Cement Board; Vinyl Family Room Characteristics: Family Room; Lower Level Fireplace Characteristics: Gas Burning; Living Room Foundation: 8 ft+ Pour Fuel: Natural Gas Heating: Forced Air Laundry: Main Level Lock Box Type: Supra Parking Characteristics: Heated Garage Roof: Age 8 Years or Less Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Shared Rooms: Amusement/Party Room; Business Center; Club House; Exercise Room Special Search: 3 BR on One Level; All Living Facilities on One Level; Main Floor Bedroom; Main Floor Primary; Primary Bdr Suite Stories: One Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
550000
ListPrice
550000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2040
Street Name
Diamond
Street Suffix
Lane
Postal City
Lino Lakes
County
Anoka
State
MN
Zip Code
55038
Complex/Dev/Subdivision
Watermark

Assessments

Tax With Assessments
6310
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1920
Finished SqFt Below Ground
1426

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Dimensions
25 X 22
Garage Door Width
16
Garage Square Feet
548
Heated Garage
Yes

Public Survey Info

Range#
22
Section#
13
Township#
31

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
Yes
Legal Description
LOT 6 BLOCK 2 WATERMARK
Listing City
Lino Lakes
Map Page
66
Municipality
Lino Lakes
School District
Centennial
School District Phone
763-792-6000
Zip Plus 4
4702
Property ID Number
133122320018
Tax Year
2025
Tax Amount
6310
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
It's luxury living at an incredible value! Located in a community-centric, health-conscious neighborhood and uniquely positioned with no neighbors behind and a serene pond view, your sanctuary awaits as the end of a day full of hustle and bustle draws near. This practically-new, one-story Lennar home in the prestigious Watermark community of Lino Lakes, MN, is meticulously designed for the modern professional who refuses to compromise on quality or family time. For the executive seeking the perfect work-life balance, this property offers a turnkey lifestyle that harmonizes high-end style with suburban simplicity. Inside, the home caters to the needs of a growing family with a highly coveted layout featuring three spacious bedrooms on one level and the ultimate convenience of main-level laundry. The open-concept floor plan and luxury kitchen provide a sophisticated backdrop for cooking and family gatherings, while the views of the tranquil pond offer a rare sense of privacy and nature-focused living. Situated within the award-winning Centennial School District, this residence addresses the top priorities of discerning buyers: safety, top-tier education, and with like-new construction you are freed up for what matters most. Beyond your front door, the Watermark lifestyle serves as a private resort tailored to active, fitness-minded lifestyles. Residents enjoy exclusive access to a state-of-the-art clubhouse: featuring an elegant sitting area with a fireplace, meeting rooms, a communal kitchen and gym, pickleball and basketball courts, and an extensive network of nature trails for morning runs or evening strolls. This is more than just a $550,000 house; it is a strategic investment for professionals in tech, finance, or healthcare who desire a peaceful retreat without sacrificing proximity to Twin Cities commerce. Experience the perfect blend of modern convenience and community connection in a home that truly understands the rhythm of your life.
Directions
Main St/Co Rd 14 West of I35. North onto 20th Ave N. Right onto 21st Ave N. Left onto Crane Dr. Left onto Diamond Ln. You new home will be on your Left!

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Deck
Yes
In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Main Floor Primary Bedroom
Yes
Primary Bedroom Walk-In Closet
Yes
Walk-In Closet
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Association Fee Includes

Professional Mgmt
Yes
Shared Amenities
Yes

Basement

Poured Concrete
Yes

Bath Description

Main Floor Full Bath
Yes
Full Primary
Yes
Private Primary
Yes
Full Basement
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Informal Dining Room
Yes

Exterior

Brick/Stone
Yes
Cement Board
Yes
Vinyl
Yes

Family Room Characteristics

Family Room
Yes
Lower Level
Yes

Fireplace Characteristics

Gas Burning
Yes
Living Room
Yes

Foundation

8 ft+ Pour
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Laundry

Main Level
Yes

Lock Box Type

Supra
Yes

Patio, Porch and Deck Features

Composite Decking
Yes
Deck
Yes
Patio
Yes

Roof

Age 8 Years or Less
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Shared Rooms

Amusement/Party Room
Yes
Business Center
Yes
Club House
Yes
Exercise Room
Yes

Special Search

3 BR on One Level
Yes
All Living Facilities on One Level
Yes
Main Floor Bedroom
Yes
Main Floor Primary
Yes
Primary Bdr Suite
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

Room Information

Amusement Room Dimensions: 17 X 10 Level: Basement Deck Level: Main Dining Room Dimensions: 14 X 11 Level: Main Family Room Dimensions: 29 X 14 Level: Basement First (1st) Bedroom Dimensions: 14 X 14 Level: Main Fourth (4th) Bedroom Dimensions: 14 X 13 Level: Basement Foyer Dimensions: 16 X 7 Level: Main Kitchen Dimensions: 15 X 14 Level: Main Laundry Dimensions: 6 X 6 Level: Main Living Room Dimensions: 17 X 15 Level: Main Primary Bath Dimensions: 10 X 9 Level: Main Recreation Room Dimensions: 21 X 19 Level: Basement Second (2nd) Bedroom Dimensions: 13 X 11 Level: Main Third (3rd) Bedroom Dimensions: 13 X 10 Level: Main
Listing Office: eXp Realty
IDX
Last Updated: April - 19 - 2026
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