508 Parkway LaneElko New Market, MN 55054
$494,990
2 bedrooms · 2 bathrooms · 1,773 finished sq ft · 0.21 acre lot
About this home
Exciting news! Phase 2 of Parkway Meadows is now opening, featuring our highly anticipated basement villas! The Grayson basement villa plan is just one of the many plans to choose from when building your new home! The stunning Grayson highlights 9' ceilings coupled with open concept design and one-level living. Gourmet style kitchen includes stainless steel appliances, large center island, and walk in pantry making meal prep a snap! Adjacent to the kitchen is the dining area and family room which works well for entertaining, giving your guests room to roam. Take time for yourself and relax in the Owner's suite which is complimented by your en-suite that includes a double sink vanity, and spacious walk-in closet. Finishing the lower level gives you another opportunity to expand your home with an additional rec room, bedroom, and bathroom. You can easily see why the Grayson plan is a fan favorite with its modern design and flare for your own style. Enjoy living in our Parkway Meadows Community which is nestled between rolling hills, tree lined lots, holding ponds and green space.
Home facts
- Home type
- Condo
- Style
- Single Family Residence
- Year built
- 2027
- Bedrooms
- 2
- Bathrooms
- 2
- Finished sq ft
- 1,773
- Lot
- 0.21 acres
- Garage
- 3 stalls
- Basement
- Walk-Out Access
- Heating
- Natural Gas, Forced Air
- Cooling
- Central Air
- HOA / association fee
- $167
- Listed
- September 28, 2026
- MLS number
- 7151158
Listing courtesy of M/I Homes (Lynn Lake). MLS #7151158.
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How it compares
508 Parkway Lane, Elko New Market, MN 55054 is a newly built 2-bedroom condo, listed for $494,990 on September 28, 2026 by M/I Homes. That is in the middle range of the 28 condos for sale in Elko New Market right now (median $494,990; $279 per square foot here against $223 for the group). That works out to $279 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Elko New Market community guideSchools, commutes, parks, home values and local stories.
- Elko New Market housing market, September 2026Homes sold for a median $465,000 over 12 months (+6.9%), 65 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Association fee (as listed)
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026) and the association fee as listed (assumed monthly). Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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