7240 Lake Ridge Drive, Savage, MN 55378

New Listing
$450,000
Property Type: Residential Bedrooms: 2 Baths: 3 Square Footage: 2,500 Lot Size (sq. ft.): 3,485 Status: Active
Current Price: $450,000 List Date: 4/02/2026 Last Modified: 4/06/2026

Overview

Description

Welcome home to this beautifully updated one-level living townhome, a desirable end unit offering extra privacy and natural light throughout. Nestled against a serene pond backdrop, this home provides peaceful views and a relaxing setting you’ll enjoy year-round. Step inside to discover brand new flooring that flows seamlessly across the main living spaces, creating a fresh and modern feel. The kitchen features stylish finishes, ample cabinetry, and great functionality for everyday living or entertaining. You'll love the large island and appreciate the remote-controlled blind in the bay window over the sink. All bathrooms have been tastefully renovated, offering a clean, contemporary design. The main level is designed for true one-level living, complete with a convenient laundry area featuring a utility sink and built-in cabinetry for added storage and organization. Downstairs, the finished lower level expands your living space with a welcoming area perfect for gatherings, highlighted by a custom wet bar and built-in shelving—ideal for entertaining or relaxing. You'll find another bedroom and full bath on this level as well as an office and flex room, ideal for exercise or crafting. Additional upgrades include central vac system, and an epoxy-coated garage floor, providing durability and a polished look that enhances the space. As an end unit, you’ll appreciate the added windows, increased privacy, and open feel compared to interior units. Whether you're enjoying morning coffee overlooking the pond, hosting guests in the spacious lower level, or simply appreciating the ease of single-level living, this home offers a perfect blend of comfort, style, and convenience. Move-in ready and meticulously maintained, this townhome is a rare find—combining modern updates with a peaceful setting and functional layout designed for today’s lifestyle.

Open Houses

Listing Details MLS# 7041318

General Property Information

Assoc Mgmt Co. Phone #
952-922-2500
Association Fee Frequency
Monthly
Association Mgmt Co. Name
New Concept Management
Common Wall
Yes
Lot Measurement
Square Feet
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Waterfront Present
No
Year Built
2001
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Bath Half
Yes
Main Floor Total SqFt
1440
Above Grd Total SqFt
1440
Below Grd Total SqFt
1060
Total SqFt
2500
Lot Size SqFt
3485
Total Finished Sqft
2500.00
FireplaceYN
Yes
Style
(TH) Side x Side
Foundation Size
1296
Association Fee
465
Garage Stalls
2
Lot Dimensions
No
Bath Quarter
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Shared: In-Ground Sprinkler System Amenities Unit: Ceiling Fan(s); Deck; Exercise Room; French Doors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Paneled Doors; Patio; Primary Bedroom Walk-In Closet; Sun Room; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup; Wet Bar Appliances: Air-To-Air Exchanger; Central Vacuum; Dishwasher; Disposal; Dryer; Range; Refrigerator; Washer; Wine Cooler Approved Financing: FHA; VA Association Fee Includes: Hazard Insurance; Lawn Care; Outside Maintenance; Professional Mgmt; Sanitation; Snow Removal Basement: Drain Tiled; Full; Poured Concrete; Storage Space; Sump Pump; Tile Shower Bath Description: Double Sink; Main Floor 1/2 Bath; Full Primary; Private Primary; 3/4 Basement; Jetted Tub; Separate Tub & Shower; Walk-In Shower Stall Construction Materials: Concrete; Frame Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Kitchen/Dining Room Electric: 200+ Amp Service; Circuit Breakers Exterior: Brick/Stone; Vinyl Family Room Characteristics: Lower Level Fencing: None Fireplace Characteristics: Gas Burning; Living Room Foundation: 8 ft+ Pour Fuel: Natural Gas Heating: Forced Air Laundry: Electric Dryer Hookup; Laundry Room; Main Level; Washer Hookup Lock Box Type: Supra Parking Characteristics: Finished Garage; Garage Door Opener Pool Description: None Road Frontage: City Street; Curbs; Paved Streets; Sidewalks; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer - In Street Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary; Primary Bdr Suite Stories: One Townhouse Characteristics: End Unit; Single-Level; Street-Level Water: City Water - In Street

Contract Information

Contingency
None
Original List Price
450000
ListPrice
450000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
7240
Street Name
Lake Ridge
Street Suffix
Drive
Postal City
Savage
County
Scott
State
MN
Zip Code
55378
Complex/Dev/Subdivision
Weston Woods Of Peninsula Pt

Assessments

Tax With Assessments
4494
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1440
Finished SqFt Below Ground
1060

More Information

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
SPAAR
Supra
Yes

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
Yes
Legal Description
SUBDIVISIONNAME WESTON WOODS OF PENINSULA PT LOT 006 BLOCK 001 SUBDIVISIONCD 26308
Listing City
Savage
Map Page
161
Municipality
Savage
School District
Prior Lake-Savage Area Schools
School District Phone
952-226-0000
Zip Plus 4
2276
Property ID Number
263080060
Tax Year
2026
Tax Amount
4494
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Welcome home to this beautifully updated one-level living townhome, a desirable end unit offering extra privacy and natural light throughout. Nestled against a serene pond backdrop, this home provides peaceful views and a relaxing setting you’ll enjoy year-round. Step inside to discover brand new flooring that flows seamlessly across the main living spaces, creating a fresh and modern feel. The kitchen features stylish finishes, ample cabinetry, and great functionality for everyday living or entertaining. You'll love the large island and appreciate the remote-controlled blind in the bay window over the sink. All bathrooms have been tastefully renovated, offering a clean, contemporary design. The main level is designed for true one-level living, complete with a convenient laundry area featuring a utility sink and built-in cabinetry for added storage and organization. Downstairs, the finished lower level expands your living space with a welcoming area perfect for gatherings, highlighted by a custom wet bar and built-in shelving—ideal for entertaining or relaxing. You'll find another bedroom and full bath on this level as well as an office and flex room, ideal for exercise or crafting. Additional upgrades include central vac system, and an epoxy-coated garage floor, providing durability and a polished look that enhances the space. As an end unit, you’ll appreciate the added windows, increased privacy, and open feel compared to interior units. Whether you're enjoying morning coffee overlooking the pond, hosting guests in the spacious lower level, or simply appreciating the ease of single-level living, this home offers a perfect blend of comfort, style, and convenience. Move-in ready and meticulously maintained, this townhome is a rare find—combining modern updates with a peaceful setting and functional layout designed for today’s lifestyle.
Directions
Cty Rd 42 to Quebec Ave S to Lake Ridge Dr, E to home on Left.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Shared

In-Ground Sprinkler System
Yes

Amenities Unit

Ceiling Fan(s)
Yes
Deck
Yes
Exercise Room
Yes
French Doors
Yes
In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Main Floor Primary Bedroom
Yes
Natural Woodwork
Yes
Paneled Doors
Yes
Patio
Yes
Primary Bedroom Walk-In Closet
Yes
Sun Room
Yes
Tile Floors
Yes
Vaulted Ceiling(s)
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes
Wet Bar
Yes

Appliances

Air-To-Air Exchanger
Yes
Central Vacuum
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes
Wine Cooler
Yes

Approved Financing

FHA
Yes
VA
Yes

Association Fee Includes

Hazard Insurance
Yes
Lawn Care
Yes
Outside Maintenance
Yes
Professional Mgmt
Yes
Sanitation
Yes
Sewer
Yes
Snow Removal
Yes

Basement

Drain Tiled
Yes
Full
Yes
Poured Concrete
Yes
Storage Space
Yes
Sump Pump
Yes
Tile Shower
Yes

Bath Description

Double Sink
Yes
Main Floor 1/2 Bath
Yes
Full Primary
Yes
Private Primary
Yes
3/4 Basement
Yes
Jetted Tub
Yes
Separate Tub & Shower
Yes
Walk-In Shower Stall
Yes

Construction Materials

Concrete
Yes
Frame
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Eat In Kitchen
Yes
Kitchen/Dining Room
Yes

Electric

200+ Amp Service
Yes
Circuit Breakers
Yes

Exterior

Brick/Stone
Yes
Vinyl
Yes

Family Room Characteristics

Lower Level
Yes

Fencing

None
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

Lake/Waterfront

Pond
Yes

Laundry

Electric Dryer Hookup
Yes
Laundry Room
Yes
Main Level
Yes
Washer Hookup
Yes

Parking Characteristics

Finished Garage
Yes
Garage Door Opener
Yes

Patio, Porch and Deck Features

Composite Decking
Yes
Deck
Yes

Pool Description

None
Yes

Restriction/Covenants

Mandatory Owners Assoc
Yes
Pets - Cats Allowed
Yes
Pets - Dogs Allowed
Yes
Rental Restrictions May Apply
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Sidewalks
Yes
Storm Sewer
Yes
Street Lights
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age Over 8 Years
Yes
Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer - In Street
Yes

Special Search

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

Stories

One
Yes

Townhouse Characteristics

End Unit
Yes
Single-Level
Yes
Street-Level
Yes

Water

City Water - In Street
Yes

Room Information

Deck Dimensions: 10x10 Level: Main Dining Room Dimensions: 13x10 Level: Main Family Room Dimensions: 25x15 Level: Lower First (1st) Bedroom Dimensions: 16x12 Level: Main Flex Room Dimensions: 10x9 Level: Lower Kitchen Dimensions: 13x11 Level: Main Laundry Dimensions: 9x8 Level: Main Living Room Dimensions: 18x15 Level: Main Office Dimensions: 12x10 Level: Lower Second (2nd) Bedroom Dimensions: 15x11 Level: Lower
Listing Office: Edina Realty, Inc.
IDX
Last Updated: April - 06 - 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.