Lake Elmo, MN Real Estate

Median Income $74,457

Median Age 40.6

Population 30,270

	Median Temperature
	January	HI 23°	LO 4°	July	HI 84°	LO 62°

	School Test Scores
	Elementary: Afton - Lakeland Andersen Lake Elmo Lily Lake Marine Oak Park Rutherford Scandia Stonebridge		Middle: Oak - Land High Stillwater High		High: Center Saint Croix Valley Area Learning Center Stillwater Area Senior
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Located just 15 miles northeast of downtown St. Paul, but off the beaten path, Lake Elmo has actively fought to maintain its semi-rural/agricultural community and small town identity despite several high profile amenities such as the Lake Elmo Airport and Washington County Fairgrounds. Lake Elmo is presently a sleepy gateway to the St. Croix River Valley: wine, antiques and bed and breakfast country. However, Lake Elmo has recently been forced in line with other Minnesota communities who have been persuaded by the Metropolitan Council to implement growth and development plans in order to accommodate urban sprawl.

Lake Elmo recently lost a lawsuit against the Metropolitan Council and in April of 2007 town officials approved a plan that meets the Council's mandated growth targets. This recently adopted "Old Village Plan" is expected to triple the size of the downtown, restore parks and add trails linking downtown, neighborhoods and park areas, bring a new YMCA, arts center and City Hall to the community and all begins by adding 600 to 1,500 new homes to the area to help pay for the expansion. All development is anticipated to span about 15 years.

Lake Elmo is a quiet community of about 7,000 that values its past and, quite frankly, hasn't moved too far beyond it. The original barn that marked the first settlement of the town, built in 1852, burned to the ground in March of 2007 (intentionally), and the Lake Elmo Inn, an institution in the Twin Cities area, is still going strong after 124 years.

Lake Elmo Regional Park Reserve is a natural gem boasting 2,165 acres of gently rolling hills with forest and prairie, archery range, boat launch, equestrian, group and modern campgrounds, canoe access points, fishing pier, orienteering course, picnic areas, play structures, swimming, trails for cross country skiing, horseback riding, mountain biking, hiking, running, and winter walking.

Homes in the area range from the grandiose, bona fide mansions on beautiful Lake Elmo, to the modest farms and homes of the traditional rural landscape. As mentioned, the City will be implementing the development of hundreds of new homes in the next few years. These will likely be in single-family and town home housing subdivisions. This city is on the cusp of a lot of exciting growth and development that is being met with mixed reaction by current and longtime residents of the community.

In June 2008, the average home sales price for a single family home or condo in Lake Elmo, MN was $520,612. While this data is collected from the MLS and deemed reliable, it is not guaranteed.

Search for Lake Elmo homes for sale, Lake Elmo real estate agents, or recent Lake Elmo home sales using ZipRealty's real estate tools. Get complete access to all available homes for sale on the MLS in Lake Elmo and the surrounding areas. ZipRealty lowers the cost of buying or selling a home in Lake Elmo by giving home buyers 20% of our commission and saving home sellers up to 25% in selling commissions. With experienced, local Lake Elmo real estate agents who know the area, ZipRealty can help anyone find the home of their dreams.

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