4040 Lakeridge Rd, Excelsior, MN 55331
SOLD
OCT 29, 2025

4040 Lakeridge Rd
Excelsior, MN 55331

  • 5 Beds
  • 4 Baths
  • 4,468 sqft (on 0.70 acres)

$1,180,000

Last Sold: Oct 29, 2025
2% below list $1.2M
$264/sqft
Est. Refi. Payment $7,255/mo*
Refinance Your Home

$1,180,000

Last Sold: Oct 29, 2025
2% below list $1.2M
$264/sqft
Est. Refi. Payment $7,255/mo*
Refinance Your Home
5 Beds
4 Baths
4,468 sqft
(on 0.70 acres)

Home Value

Trulia Estimate
$1.2M
Since last month
Increased$3K (+0.2%)
Since last year
Increased$172K (+16.8%)
Since last sale
Increased$18K (+1.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +60% in the last 10 years
MonthEstimated value
2026
August 2026$1.2M
July 2026$1.2M
June 2026$1.19M
May 2026$1.19M
April 2026$1.19M
March 2026$1.17M
February 2026$1.17M
January 2026$1.19M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
7423 Tristan Knl, Excelsior, MN
0.14
Single-Family Home
$900,000
04/17/26
5
3.5
4,724
249 Tristan Dr, Chanhassen, MN
0.22
Single-Family Home
$834,000
06/18/26
5
3.5
4,441
3850 Lone Cedar Ln, Chaska, MN
0.37
Single-Family Home
$1,795,000
08/20/25
5
3.5
5,137
7436 Ridge Hill Rd, Excelsior, MN
0.15
Single-Family Home
$830,000
07/01/26
4
2.5
3,051
4120 Kings Rd, Excelsior, MN
0.45
Single-Family Home
$985,000
04/03/26
5
3.5
4,392
3861 Lone Cedar Ln, Chaska, MN
0.33
Single-Family Home
$760,000
08/03/26
3
3.5
3,775

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
4100 Lakeridge Rd, Excelsior, MN 55331
0.06
$897,300
5
3.5
4,134
Off Market
4130 Lakeridge Rd, Excelsior, MN 55331
0.12
$1,343,100
5
4.5
5,334
Off Market
7393 Tristan Knl, Excelsior, MN 55331
0.14
$1,113,200
5
3.5
5,290
Off Market
4176 Lakeridge Rd, Excelsior, MN 55331
0.14
$932,300
5
3.5
4,555
Off Market
7423 Tristan Knl, Excelsior, MN 55331
0.14
$900,000
5
3.5
4,724
Recently Sold
190 Tristan Drive, Chanhassen, MN 55317
0.13
$898,100
5
3.5
4,111
Off Market
7431 Ridgehill Rd, Excelsior, MN 55331
0.14
$873,700
5
3.5
4,347
Off Market
7443 Tristan Knl, Excelsior, MN 55331
0.16
$855,700
4
3.5
3,861
Off Market
7436 Ridge Hill Rd, Excelsior, MN 55331
0.15
$830,000
4
2.5
3,051
Recently Sold
7091 Mill Creek Ln N, Excelsior, MN 55331
0.19
$1,770,400
5
4.5
6,316
Off Market
7516 W 77th St, Chaska, MN 55318
0.17
$449,900
4
2
1,690
Recently Sold

Local Information

  • Map ViewExplore the area around 4040 Lakeridge Rd.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1996
Lot Size
0.7 acres
Living Area
4,468 sqft
Price/Sqft
$264/sqft
Parking
3 Car Garage
HOA
$30/Monthly

About this House

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!
4040 Lakeridge Rd, Excelsior, MN 55331 is a 5 bedroom, 5 bathroom, 4,468 sqft single-family home built in 1996. It last sold for $1,180,000 on Oct 29, 2025 (2% below the $1,200,000 asking price). It is currently off market. The Trulia Estimate is $1,198,700, with a rent estimate of $5,522/month.
Last check for updates: 34 minutes ago
Listed by Traci J Peterson, (612) 386-8577
Edina Realty, Inc.
Patti Jo Hermann, (952) 475-2411
Bought with: Matthew Jones, (952) 456-2946, Edina Realty, Inc.
Co-Buyer's Agent: Elizabeth Jones, (612) 760-7609
Source: NorthstarMLS as distributed by MLS GRID, MLS#6771809

Home Details for 4040 Lakeridge Rd

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Block,Drain Tiled,Finished,Sump Pump,Tile Shower,Walk-Out AccessNumber of Rooms: 14Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Family Room, Game Room, Informal Dining Room, Kitchen, Laundry, Living Room, Office
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 5Number of Bathrooms (full): 2Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1Number of Bathrooms (quarter): 1
Dimensions and Layout
Living Area: 4468 Square FeetFoundation Area: 1901
Appliances & Utilities
Appliances: Chandelier, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned, Wine CoolerDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 2Fireplace: Family RoomHas a Fireplace
Gas & Electric
Electric: Circuit BreakersGas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: None
View
No View

Exterior Features

Exterior Home Features
Roof: AsphaltPatio / Porch: DeckFencing: NoneNo Private Pool
Parking & Garage
Number of Garage Spaces: 3Number of Covered Spaces: 3No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 3Parking: Attached,Asphalt,Garage Door Opener,Storage
Pool
Pool: None
Frontage
WaterfrontWaterfront: Lake FrontRoad Frontage: City Street, SidewalksResponsible for Road Maintenance: Public Maintained RoadOn Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 3542 Square FeetFinished Area (below surface): 926 Square Feet

Days on Market

Cumulative Days on Market: 13

Property Information

Year Built
Year Built: 1996
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 253510030

Price & Status

Price
List Price: $1,200,000Price Per Sqft: $264/sqft
Status Change & Dates
Off Market Date: Wed Sep 24 2025

Media

Location

Direction & Address
City: ChanhassenCommunity: Highlands On Lake St Joe Chan
School Information
High School District: Minnetonka

Building

Building Area
Building Area: 4468 Square Feet

HOA

HOA Fee Includes: Shared AmenitiesHOA Name: The Highlands on Lake St. JoeHOA Phone: 612-239-2319Has an HOAHOA Fee: $355/Annually

Lot Information

Lot Area: 0.70 acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6771809Above Grade Unfinished Area: 3542Activation Date: Thu Sep 11 2025

Price and Tax history

DateEventPrice
Oct 29, 2025
Source: NorthstarMLS as distributed by MLS GRID #6771809
Sold
$1,180,000
Sep 24, 2025
Source: NorthstarMLS as distributed by MLS GRID #6771809
Pending
$1,200,000
Sep 11, 2025
Source: NorthstarMLS as distributed by MLS GRID #6771809
Listed For Sale
$1,200,000
Jun 25, 2014
Source: Lake Superior Area Realtors as distributed by MLS GRID #2167414
Sold
$685,000
Dec 2, 1999
Source: N/A
Sold
$515,000

Market trends in Chanhassen

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$510K
$6.37KMoM
Sale-to-List Price
100.1%
Price per sq ft
$209
$2MoM
Available listings
105
7MoM

Around this home

What Locals Say about Chanhassen

At least 101 Trulia users voted on each feature.

  • 92 % Say parking is easy

  • 92 % Say it's dog friendly

  • 88 % Say car is needed

  • 81 % Say it's quiet

  • 79 % Say there's holiday spirit

  • 78 % Say people would walk alone at night

  • 74 % Say there's wildlife

  • 74 % Say kids play outside

  • 72 % Say yards are well-kept

  • 66 % Say neighbors are friendly

  • 59 % Say there are sidewalks

  • 57 % Say streets are well-lit

  • 56 % Say they plan to stay for at least 5 years

  • 53 % Say there are community events

  • 42 % Say it's walkable to grocery stores

  • 36 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Great for growing families "
    0
    Flag
  • Trulia User
    "Great walking and park areas for dogs. Many dogs."
    0
    Flag
  • Nkjxwz7nkr
    " Not sure i am not a parent of any kids under 18 anymore. There seem to be a lot of kids around here though. A lot of traffic on neighborhood streets that don’t go slow enough though. "
    0
    Flag
  • Levi Lowell
    "School district is fantastic. Varsity sports are excelling. Lots of public programs. The community is a great place to raise children."
    0
    Flag
  • Krystel Reierson
    "Amazing, family friendly neighborhood. Great people. Respectful. Take pride in their homes. Safe! Great schools and community events. Well maintained throughout. "
    1
    Flag
  • Mary O.
    "I've lived in the Longacres neighborhood for 24 years. Chanhassen for 34 years. I love the beauty of the area. Woods, wetlands, parks and walking/biking trails. Also, close to DT Excelsior. Easy quick access to major highways. "
    1
    Flag
  • Brittany M. .
    "I like that people walk there dogs and pick up after there dogs. you don't see aggressive breeds. Sometimes you will hear the animals go back and forth barking but for the most part it is a quiet neighborhood."
    3
    Flag
  • Jmaltby61
    "I love my neighborhood. We often get together for camping trips, bonfires, holidays and special occasions. Everybody is mindful of children and pets. I’m so glad we landed here. "
    0
    Flag
  • Jmaltby61
    "All the neighbors know each other and often get together to socialize. All the kids know one another and play together too!"
    0
    Flag
  • Nk8102320
    "Don’t let your dog bark and pick up after your dog and walk your dog a we will use the forest to walk the dog people will not like that your dog will poop on someone else lawn and don’t let your dog bark a lot "
    0
    Flag
  • Eric S.
    "Several city wide events are held year round. Music near the library, 4th of July parade, carnival, ice fishing, Easter events, other holiday celebrations. It’s a vibrant community. "
    0
    Flag
  • Bennycallaghan
    "I work locally, so my commute is only two minutes. There’s no traffic and it’s really easy. That’s all."
    1
    Flag
  • Jessiesoprano
    "Great community to raise a family, Dog friendly, great schools, kind neighbors, clean, great parks and lakes, community events"
    0
    Flag
  • Laura C.
    "It's peaceful to live in while still being close to the cities. It's a cute area with nice friendly people. "
    0
    Flag
  • Vijo0801
    "The people and everyone is so friendly. I really like all the activities and get together. I would highly recommend this area. Schools are great. "
    2
    Flag
  • Jessiesoprano
    "People in this neighborhood are out in all seasons! We are all very dog friendly and enjoy getting our pups together. We also have block parties regularly and enjoy each other’s company."
    0
    Flag
  • Rw r.
    "Nothing. We live in a culdesac and most are great neighbors however there is someone who must rent out rooms to people as there are always 5-6 cars parked in the driveway and street. Other than the owner we never know who lives there. "
    0
    Flag
  • jdrusinak
    "Great neighbors, family friendly, and outstanding schools. We live within walking distance of safe, fun parks and lakes that our children love. "
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-08-19 15:58:19 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
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Frequently asked questions about 4040 Lakeridge Rd

  • What is 4040 Lakeridge Rd estimated to be worth?
    Trulia's estimated value for 4040 Lakeridge Rd in Excelsior, MN is $1,198,700.
  • What is the price history for 4040 Lakeridge Rd?
    4040 Lakeridge Rd in Excelsior, MN last sold for $1,180,000 in October 2025.
  • Is Excelsior a buyer's or seller's market?
    Excelsior is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Excelsior?
    The median sale price in Excelsior is $510K. That is down $6.37K from the prior month.
  • Does 4040 Lakeridge Rd have air conditioning?
    Yes, 4040 Lakeridge Rd in Excelsior, MN has air conditioning.
  • Does 4040 Lakeridge Rd have laundry facilities?
    Yes, 4040 Lakeridge Rd in Excelsior, MN has in-unit laundry.

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