SOLD OCT 29, 2025

Off Market Oct 2025 for $1.1M

$1,171,791

Est. refi paymentEst. refi $7,443/mo

•

—

sq ft

4040 Lakeridge Rd, Excelsior, MN 55331

About this home

Stunning 5BR/5BA two-story walkout with breathtaking views of Lake St. Joe! Floor-to-ceiling windows provide year-round natural light and showcase beautiful lake scenery in every season. This spacious, well-maintained home combines modern updates with timeless design, offering exceptional comfort and functionality. The upper level includes four bedrooms, featuring a luxurious primary suite with an updated en-suite bath, a princess suite with private bath, and a Jack-and-Jill bath shared by two additional bedrooms. Ideal layout for families or guests. Main level offers a beautifully remodeled kitchen with walk-in pantry and beverage center, open to both formal and informal dining areas. Enjoy lake views from the large family room, plus a formal living room and a dedicated home office for added flexibility. The finished walkout lower level features a 5th bedroom, spacious entertainment area, and ¾ bath—perfect for guest accommodations, recreation, or additional living space. Enjoy peace, privacy, and scenic beauty just minutes from town. A rare opportunity to own a move-in-ready home in an incredible location!

Single-familyProperty Type

1996Year Built

0.7 acresLot Size

3 car garageParking

Listed by Traci Peterson • Edina Realty, Inc.

Listed by Patti Jo Hermann

Redfin checked: a minute ago

•Source:NORTHSTARMLS as Distributed by MLS Grid #6771809

Redfin Estimate

$1,171,791

$8,209 since sold in October 2025$1,000 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 36.8% higher than the average sale price ($857K) of 6 comparable homes.

SOLD JUN 18, 2026
$834,000
A
5 beds4 baths— sq ft
249 Tristan Dr, Excelsior, MN 55331
SOLD JUL 31, 2026
$810,000
B
4 beds4 baths— sq ft
4153 Hallgren Ln, Excelsior, MN 55331
SOLD APR 17, 2026
$900,000
C
5 beds4 baths— sq ft
7423 Tristan Knl, Excelsior, MN 55331
SOLD JUL 31, 2026
$880,000
D
5 beds4 baths— sq ft
7474 Moccasin Trl, Chanhassen, MN 55317
SOLD AUG 6, 2026
$895,000
E
5 beds4 baths— sq ft
7492 Bent Bow Trl, Chanhassen, MN 55317
SOLD MAY 8, 2026
$820,000
F
5 beds4 baths— sq ft
4102 Red Oak Ln, Excelsior, MN 55331

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$171,445

Est. take-home

List your home with Redfin and save $11,718

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$5,758/mo

Redfin rental estimate

List your home for rent

Market trends in 55331, MN

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.3%

0.1% MoM

Median sale price

$795K

$28K MoM

Avg. days on market

19d

2 days MoM

Recently sold homes

115

29 MoM

New listings for sale

COMING SOON
$1,099,000
3 beds3 baths3,226 sq ft
23780 Lawtonka Dr, Shorewood, MN 55331
COMING SOON
$585,000
3 beds3 baths2,419 sq ft
4600 Foxglove Dr, Minnetrista, MN 55331
NEW 3 HRS AGO
$2,890,000
5 beds4 baths5,000 sq ft
20565 Linden Rd, Excelsior, MN 55331
COMING SOON
$619,000
5 beds2 baths2,246 sq ft
25715 Wild Rose Ln, Shorewood, MN 55331
COMING SOON
$595,000
4 beds3 baths2,059 sq ft
5665 Star Cir, Shorewood, MN 55331
NEW 26 HRS AGO
$399,900
3 beds3 baths2,336 sq ft
6992 Huckleberry Dr, Minnetrista, MN 55331
COMING SOON
$915,000
4 beds2 baths3,176 sq ft
27885 Woodside Rd, Shorewood, MN 55331
$495,000
4 beds3 baths2,394 sq ft
26405 Smithtown Rd, Shorewood, MN 55331
$2,250,000
6 beds7 baths6,423 sq ft
7400 Dogwood Rd, Excelsior, MN 55331
$574,900
5 beds2 baths2,420 sq ft
135 Pleasant Ln E, Excelsior, MN 55331
See all

Provided by Redfin

Sale history for 4040 Lakeridge Rd

Date

Event

Price

NORTHSTARMLS as Distributed by MLS Grid #6771809

Oct 29, 2025

Sold

$1,180,000

Sep 24, 2025

Pending

—

Sep 20, 2025

Contingent

—

Sep 11, 2025

Listed

$1,200,000

Sep 10, 2025

Coming Soon

$1,200,000

NORTHSTARMLS as Distributed by MLS Grid #4471275

Jun 25, 2014

Sold

$685,000

May 6, 2014

Pending

—

Apr 26, 2014

Contingent

—

Apr 24, 2014

Listed

$698,500

+13

LSAR #2167414

Jun 25, 2014

Sold

$685,000

Apr 24, 2014

Listed

$698,500

+13

RASM #4606951

Jun 25, 2014

Sold

$685,000

Apr 24, 2014

Listed

$698,500

NORTHSTARMLS as Distributed by MLS Grid #1462073

Dec 2, 1999

Sold

$515,000

Oct 27, 1999

Listing Removed

—

Oct 24, 1999

Listed

$539,500

NORTHSTARMLS as Distributed by MLS Grid #1434837

Oct 23, 1999

Listing Removed

—

Jun 23, 1999

Listed

$539,900

Public Records

Aug 14, 1996

Sold

$435,760

NORTHSTARMLS as Distributed by MLS Grid #1173146

Apr 29, 1996

Listing Removed

—

Mar 6, 1996

Listed

$455,900

Year

Property tax

Land + Additions

Assessment*

2025

$8,010 (+8.4%)

$237,500 + $478,900

$716,400

2024

$7,390 (+3.8%)

$202,500 + $480,400

$682,900

2023

$7,118 (−2.1%)

$201,400 + $461,900

$663,300

2022

$7,274 (−0.4%)

$167,900 + $445,800

$613,700

2021

$7,306 (−14.2%)

$167,900 + $441,400

$609,300

2020

$8,516 (−4.9%)

$177,900 + $508,700

$686,600

2019

$8,958 (+16.3%)

$169,400 + $539,000

$708,400

2018

$7,702 (+2.9%)

$147,300 + $466,900

$614,200

2017

$7,486 (−10.2%)

$147,300 + $441,900

$589,200

2015

$8,334 (+7.2%)

$153,800 + $487,900

$641,700

2014

$7,774 (+6.2%)

$139,500 + $432,700

$572,200

2013

$7,320 (+3.4%)

$136,800 + $406,700

$543,500

2012

$7,078

$144,000 + $406,700

$550,700

Tax history for 4040 Lakeridge Rd

Year

Property tax

Land + Additions

Assessment*

2025

$8,010 (+8.4%)

$237,500 + $478,900

$716,400

2024

$7,390 (+3.8%)

$202,500 + $480,400

$682,900

2023

$7,118 (−2.1%)

$201,400 + $461,900

$663,300

2022

$7,274 (−0.4%)

$167,900 + $445,800

$613,700

2021

$7,306 (−14.2%)

$167,900 + $441,400

$609,300

2020

$8,516 (−4.9%)

$177,900 + $508,700

$686,600

2019

$8,958 (+16.3%)

$169,400 + $539,000

$708,400

2018

$7,702 (+2.9%)

$147,300 + $466,900

$614,200

2017

$7,486 (−10.2%)

$147,300 + $441,900

$589,200

2015

$8,334 (+7.2%)

$153,800 + $487,900

$641,700

2014

$7,774 (+6.2%)

$139,500 + $432,700

$572,200

2013

$7,320 (+3.4%)

$136,800 + $406,700

$543,500

2012

$7,078

$144,000 + $406,700

$550,700

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.7 Acres

Year renovated

1996

Sq. Ft.

4,374

Year built

1996

Style

Single Family Residential

County

Carver County

APN

25.351003

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 30, 2026.

Property details

Parking

Parking Information
Parking Features: Attached Garage, Asphalt, Garage Door Opener, Storage
Garage Spaces: 3
Garage Sq. Ft.: 616

Interior

Virtual Tour

Bedroom Information
# of Bedrooms: 5

Bathroom Information
# of Full Baths (Total): 2
# of Three Quarter Baths (Total): 1
# of Half Baths (Total): 1
# of Quarter Baths (Total): 1
Description: Double Sink,Bathroom Ensuite,Full Primary,Full Basement,Full Jack & Jill,Private Primary,Main Floor 1/2 Bath

Room 1 Information
Room Type: Family Room
Room Dimensions: 23.5x18.1
Room Level: Main

Room 2 Information
Room Type: Informal Dining Room
Room Dimensions: 14.4x9.8
Room Level: Main

Room 3 Information
Room Type: Kitchen
Room Dimensions: 14.4x13.3
Room Level: Main

Room 4 Information
Room Type: Laundry
Room Dimensions: 7x7.11
Room Level: Main

Room 5 Information
Room Type: Office
Room Dimensions: 13.8x14.3
Room Level: Main

Room 6 Information
Room Type: Living Room
Room Dimensions: 13.8x12.1
Room Level: Main

Room 7 Information
Room Type: Bedroom 1
Room Dimensions: 15.4x19.2
Room Level: Upper

Room 8 Information
Room Type: Bedroom 2
Room Dimensions: 12.1x14.4
Room Level: Upper

Room 9 Information
Room Type: Bedroom 3
Room Dimensions: 13.8x11.1
Room Level: Upper

Room 10 Information
Room Type: Bedroom 4
Room Dimensions: 14.5x14.4
Room Level: Upper

Room 11 Information
Room Type: Family Room
Room Dimensions: 21.1x18.1
Room Level: Lower

Room 12 Information
Room Type: Game Room
Room Dimensions: 14.5x16.1
Room Level: Lower

Room 13 Information
Room Type: Bedroom 5
Room Dimensions: 15.4x14.11
Room Level: Lower

Room 14 Information
Room Type: Dining Room
Room Dimensions: 18x12
Room Level: Main

Basement Information
Has Basement
Basement Features: Block, Drain Tiled, Finished, Sump Pump, Walkout

Dining Room Information
Dining Room Features: Breakfast Bar,Informal Dining Room,Kitchen/Dining Room,Separate/Formal Dining Room

Other Rooms Information
3 BR on One Level,4 BR on One Level,Main Floor Laundry,Primary Bdr Suite

Fireplace Information
Has Fireplace
# of Fireplaces: 2
Fireplace Features: Family Room

Heating & Cooling
Heating Information: Forced Air
Cooling Information: Central Air

Interior Features
Room Type: Family Room, Informal Dining Room, Kitchen, Laundry, Office, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Game Room, Bedroom 5, Dining Room
Appliances: Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned, Wine Cooler

Exterior

Building Information
Construction Materials: Brick/Stone, Fiber Cement
Foundation Area: 1,901
Roof: Asphalt

Exterior Features
Patio Porch Type: Deck
Fencing: None

Pool Information
Pool Features: None

Waterfront Information
On Waterfront
Waterfront Features: Lake Front
Water Body Name: St. Joe
Waterfront Num: 10001100
Lake Acres: 19
Lake Classification: Natural Environment
Lake Depth: 52

Property Information
Above Ground Total Sq. Ft.: 3,542
Below Ground Total Sq. Ft.: 1,862
FractionalOwnershipYN: No
Property Type: Residential
Property Sub Type: Single Family Residence
Above Grade Finished Area: 3,542
Below Grade Finished Area: 926
Amenities: Cable,Ceiling Fan(s),Deck,French Doors,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Paneled Doors,In-Ground Sprinkler,Tile Floors,Vaulted Ceiling(s),Walk-In Closet

Lot Information
Lot Size Area: 0.7
Lot Size Units: Acres
Lot Size Dimensions: 117x60x353x345
Road Frontage Type: City Street, Sidewalks
Road Responsibility: Public Maintained Road

Financial

Tax Information
Tax Annual Amount: $8,010
Tax Year: 2025
Tax With Assessments: $8,010

Lease / Rent Details
RentalLicense Y/N: No

Utilities

Utility Information
Water Source: City Water/Connected
Electric: Circuit Breakers
Sewer: City Sewer/Connected
Fuel: Natural Gas

Location

HOA Information
Association Name: The Highlands on Lake St. Joe
Has HOA
Association Fee: $355
Association Fee Frequency: Annually
Association Fee Includes: Shared Amenities

School Information
High School District: Minnetonka
School District Number: 276
School District Phone: 952-401-5000

Location Information
Directions: Hwy 7 to Minnewashta Pkwy South to Lakeridge Rd
Map Coordinate: 131-B1

Public facts

Beds: 5
Baths: 4.0
Sq. Ft.: 4,374
Stories: 2.0
Lot Size: 0.7 acres
Style: Single Family Residential
Year Built: 1996
Year Renovated: 1996
County: Carver County
APN: 25.351003

Home facts updated by county records on Jul 30, 2026

Other

Home Information
Living Area: 4468
Main Level Finished Area: 1901.0000
Building Area Total: 5404
Age Of Property: 29
Levels: Two

Around this home

Schools
Places
Transit

Minnewashta Elementary School

Public K-5 • Assigned • 2.0mi

9/10

Minnetonka West Middle School

Public 6-8 • Assigned • 2.4mi

9/10

Minnetonka Senior High School

Public 9-12 • Assigned • 6.1mi

10/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.62% chance of being in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Excelsior, MN • 55331

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.5 hours in June and 3.6 hours in December, which is comparable to the U.S. average for solar exposure.

10.5 hrs

3.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.11M – $1.35M

Reach more buyers when you sell with Redfin. Save up to $11,718 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

$650,000

5 beds5 baths4,158 sq ft

1088 Rosemary Ct, Chaska, MN 55318

3D WALKTHROUGH

$589,000

4 beds3 baths2,488 sq ft

4042 Grand Chevalle Pkwy, Chaska, MN 55318

$995,000

4 beds4 baths4,256 sq ft

8585 Kelzer Pond Dr, Victoria, MN 55386

$645,000

4 beds2 baths2,733 sq ft

6930 Foxglove Cir, Excelsior, MN 55331

3D WALKTHROUGH

$559,900

3 beds3 baths2,854 sq ft

7901 Lilac Ln, Victoria, MN 55386

$449,000

4 beds2 baths1,751 sq ft

1449 Aretz Ct, Victoria, MN 55386

New listings for sale in 55331

COMING SOON

$1,099,000

3 beds3 baths3,226 sq ft

23780 Lawtonka Dr, Shorewood, MN 55331

COMING SOON3D WALKTHROUGH

$585,000

3 beds3 baths2,419 sq ft

4600 Foxglove Dr, Minnetrista, MN 55331

NEW 3 HRS AGO

$2,890,000

5 beds4 baths5,000 sq ft

20565 Linden Rd, Excelsior, MN 55331

COMING SOON

$619,000

5 beds2 baths2,246 sq ft

25715 Wild Rose Ln, Shorewood, MN 55331

COMING SOON

$595,000

4 beds3 baths2,059 sq ft

5665 Star Cir, Shorewood, MN 55331

NEW 26 HRS AGO3D WALKTHROUGH

$399,900

3 beds3 baths2,336 sq ft

6992 Huckleberry Dr, Minnetrista, MN 55331

COMING SOON

$915,000

4 beds2 baths3,176 sq ft

27885 Woodside Rd, Shorewood, MN 55331

$495,000

4 beds3 baths2,394 sq ft

26405 Smithtown Rd, Shorewood, MN 55331

$2,250,000

6 beds7 baths6,423 sq ft

7400 Dogwood Rd, Excelsior, MN 55331

Home values near 4040 Lakeridge Rd

Data from public records.

Address	Redfin Estimate
4180 Lakeridge Rd, Excelsior, MN 4 Beds \| 3 Baths \| - Sq. Ft.	$849,010
4000 Lakeridge Rd, Excelsior, MN 4 Beds \| 4 Baths \| - Sq. Ft.	$921,628

Address	Redfin Estimate
4020 Lakeridge Rd, Excelsior, MN 5 Beds \| 3 Baths \| 3784 Sq. Ft.	$909,539
4060 Lakeridge Rd, Excelsior, MN 5 Beds \| 4 Baths \| - Sq. Ft.	$1,006,720

Address	Redfin Estimate
4120 Lakeridge Rd, Excelsior, MN 5 Beds \| 4 Baths \| 4198 Sq. Ft.	$945,104
4080 Lakeridge Rd, Excelsior, MN 5 Beds \| 4 Baths \| 4668 Sq. Ft.	$1,036,312

Property information provided by NORTHSTARMLS as Distributed by MLS Grid when last listed in 2025. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

55379 homes for sale
55331 homes for sale
55347 homes for sale
55317 homes for sale
55318 homes for sale

Houses for rent in Chanhassen	Agents near me	Woodbury, MN homes for sale	Chanhassen Housing Market
Houses for sale near me	Minneapolis, MN homes for sale	Eagan, MN homes for sale
Land for sale near me	St. Paul, MN homes for sale	Minnetonka, MN homes for sale
Open Houses near me	Edina, MN homes for sale	Chanhassen Property Records
Condos for sale near me	Plymouth, MN homes for sale	MN New Listings

Edina homes for sale
Minneapolis homes for sale
Plymouth homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in 55331, MN

Sale history for 4040 Lakeridge Rd

Tax history for 4040 Lakeridge Rd

Public record

Property details

Around this home

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 55331

Home values near 4040 Lakeridge Rd

More real estate resources