5294 Marquess Trail NLake Elmo, MN 55042
$650,000
5 bedrooms · 4 bathrooms · 3,451 finished sq ft · 0.319 acre lot
About this home
***$15,000 SELLER CONCESSION! Have your closing costs taken care of at closing or apply the full $15,000 to a permanent or temporary rate buydown. Talk with your lender about the best fit for your goals.*** You won't want to miss this one. It has all the space you're looking for in your next home! Five bedrooms, four bathrooms, and 3,451 finished square feet on a corner lot in the Carriage Station neighborhood of Lake Elmo. Four of the five bedrooms are together on the upper level, including a primary suite with its own bath and walk-in closet. The four-season porch connects directly to the kitchen and dining space, so it works as everyday living area rather than a seasonal add-on. Hardwood floors on the main level, new carpet upstairs and in the basement (2026), and separate dedicated rooms for an office and a workshop. The fifth bedroom is downstairs, alongside a large recreation room with a wet bar that handles movie nights and game days. The expensive items are already behind you: roof and siding 2019, furnace and air conditioner 2023, irrigation system fully replaced 2023, water heater 2024, and both upstairs bathrooms updated in 2026. Three-car garage. Quick access to Highway 36, Stillwater High School, and Carriage Station Park. Set up a showing today before somebody else calls it home!
Home facts
- Home type
- Condo
- Style
- Single Family Residence
- Year built
- 2002
- Bedrooms
- 5
- Bathrooms
- 4
- Finished sq ft
- 3,451
- Lot
- 0.319 acres
- Garage
- 3 stalls
- Basement
- Block, Finished, Full, Sump Pump
- Heating
- Natural Gas, Forced Air
- Cooling
- Ceiling Fan(s), Central Air
- Property taxes
- $5,789 a year
- HOA / association fee
- $1,100
- Listed
- September 3, 2026
- MLS number
- 7137280
Listing courtesy of eXp Realty (Bryce Schuenke). MLS #7137280.
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How it compares
5294 Marquess Trail N, Lake Elmo, MN 55042 is a 5-bedroom condo built in 2002, listed for $650,000 on September 3, 2026 by eXp Realty. That is in the middle range of the 50 condos for sale in Lake Elmo right now (median $607,425; $188 per square foot here against $233 for the group). That works out to $188 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
- Lake Elmo community guideSchools, commutes, parks, home values and local stories.
- Lake Elmo housing market, September 2026Homes sold for a median $665,000 over 12 months (+2.9%), 52 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
- Association fee (as listed)
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Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing 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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