881 Jasmine Avenue Place NLake Elmo, MN 55042
$1.485 million
6 bedrooms · 5 bathrooms · 5,725 finished sq ft · 2.513 acre lot
About this home
SELLER OFFERING UP TO $50,000 IN BUYER INCENTIVES! Take advantage of this exceptional opportunity to reduce your mortgage interest rate through an interest rate buydown, offset eligible closing costs, or use a combination of both! Seller will contribute up to $50,000 toward buyer's allowable closing costs, prepaid expenses, and/or mortgage rate buydown with an acceptable offer, subject to lender approval and loan program limits. Enjoy luxury living in this beautiful Lake Elmo home featuring a spectacular in-ground pool, hot tub, and numerous impressive updates. Welcome to an exceptional Lake Elmo estate where resort-style living, beautiful updates and remarkable privacy come together on more than 2.5 private acres at the end of a cul-de-sac. The spectacular backyard is the centerpiece of this property, featuring an impressive 30' x 50' heated in-ground pool at 12 feet, two pool heaters, separate hot tub and finished guest/pool house—all surrounded by mature trees and expansive outdoor entertaining areas. Inside, the home has been beautifully updated throughout while retaining the timeless character and quality that make this property so distinctive. Offering 5,725 finished square feet, 6 bedrooms and 5 baths, this impressive two-story provides exceptional space for both everyday living and entertaining. The main level features expansive living areas, luxury vinyl and tile flooring, formal and informal dining, a private office/den and a spacious kitchen designed for gathering. Three gas fireplaces add warmth and character throughout the home, while the thoughtfully designed floor plan offers wonderful flexibility. The finished walkout lower level adds 2,181 square feet of living space with generous recreation and gathering areas, additional bedrooms and bath, lots of large windows, and direct access to the incredible backyard and pool area. Step outside and experience your own private retreat. The massive heated pool, separate hot tub, spacious patio and deck areas, guest/pool house with full kitchen, 3/4 bath and full living area with in-floor heat. Beautiful wooded surroundings create an extraordinary setting for entertaining or simply enjoying Minnesota summers at home. An oversized 852-square-foot, 3-car attached garage provides excellent additional space. Other highlights include main-level laundry, stainless steel appliances, wall oven, tankless water heater, central air, abundant storage and a full finished walkout lower level All of this is tucked into a private 2.51-acre setting in sought-after Stonegate, offering an exceptional combination of luxury, space and privacy while remaining convenient to Lake Elmo, Woodbury, Stillwater and the Twin Cities. With its beautiful updates, spectacular resort-style pool setting, guest/pool house and expansive grounds, this is a truly distinctive Lake Elmo property that must be experienced in person.
Home facts
- Home type
- Single-family home
- Style
- Single Family Residence
- Year built
- 1994
- Bedrooms
- 6
- Bathrooms
- 5
- Finished sq ft
- 5,725
- Lot
- 2.513 acres
- Garage
- 3 stalls
- Basement
- Walk-Out Access, Finished, Full, Storage Space, Sump Pump, Daylight
- Heating
- Electric, Natural Gas, Forced Air, Fireplace(s)
- Cooling
- Ceiling Fan(s), Central Air
- Property taxes
- $15,102 a year
- Listed
- September 19, 2026
- MLS number
- 7147216
Listing courtesy of eXp Realty (Robbi Olson). MLS #7147216.
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How it compares
881 Jasmine Avenue Place N, Lake Elmo, MN 55042 is a 6-bedroom single-family home built in 1994, listed for $1.485 million on September 19, 2026 by eXp Realty. That is in the upper quarter of the 13 single-family homes for sale in Lake Elmo right now (median $624,900; $259 per square foot here against $228 for the group). That works out to $259 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
- —
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. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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