Inwood Townhomes BEST FIT: Buyers who want newer construction in Lake Elmo without taking on the upkeep of a detached home. The biggest appeal is the combination of low-maintenance townhome living and a location on the southwest side of Lake Elmo, close to Woodbury, parks, trails, and major commuter routes.
LAKE ELMO NEIGHBORHOODS
Lawn Care, Snow Removal, Common Area Maintenance, Professional Management HOA:
Price Range: $380K+ Builders: M/I Homes Sizes: 1,898 - 2,194 SQF Distance To Target: 7 min Style: Townhomes
Lake Elmo Elementary School: 6/10 Oak-Land Middle School: 6/10 Stillwater Area High School: 10/10 Ratings from GreatSchools.com
STANDOUT FEATURE: The location is what stands out most. This community gives buyers a Lake Elmo address while keeping them very close to Woodbury conveniences — appealing for someone who wants a quieter setting without feeling far from shopping, restaurants, and freeway access. It's also planned at a larger scale, which should give it more of a true neighborhood feel than a tiny one-phase townhome project. WHAT TO KNOW: This is a townhome-only community, so the value here is more about convenience, simpler ownership, and location than about large yards or a big amenity package. It's developing in phases — the first addition was approved at 54 townhome lots in October 2025, while the broader neighborhood is a larger planned project.
North Star
BEST FIT: Buyers who want a true neighborhood feel in Lake Elmo, especially those seeking a move-up or luxury home with more lifestyle than a typical one-builder subdivision. It's a strong fit for buyers who value builder choice and a more polished, established setting.
Price Range: $495K–1.1M Builders: Creative Homes, Hanson Builders, Robert Thomas Homes Sizes: Single Family 1,433–4,822 SQF Sizes: Villas 1,216–2,344 SQF
HOA:
Trash, Common Area Maintenance, Clubhouse, Pool, Professional
Lake Elmo Elementary School: 6/10 Oak-Land Middle School: 6/10 Stillwater Area High School: 10/10 Ratings from GreatSchools.com
Management, Lawn Care, Snow Removal
Distance To Target: 8 min Style: Single Family, Villas
WHAT TO KNOW: This is a section-sensitive community, so the buyer experience varies by builder, section, and homesite. Some lots emphasize pond views, while others prioritize home size and layout. North Star combines amenities with larger, premium homes, making it a stronger fit for long-term neighborhood appeal than low-maintenance living. STANDOUT FEATURE: The amenity package paired with higher-end homesites. North Star is a master-planned community with spacious pond-view lots, a community clubhouse set in a historic dairy barn, and an outdoor pool — a more memorable identity than many newer Lake Elmo neighborhoods.
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