Price Reduction - New Construction
Address
10816 165th Avenue Nw, Elk River, MN
Price
$ 549,900
Property Attributes
- ID#7133146
- TypeSingle Family
- Listing Status Active
- CountySHERBURNE
- CityElk River
- AreaOAKWATER RIDGE
- NeighborhoodOAKWATER RIDGE
- Zip55330
- StyleSingle Family
- Year Built2026
- Price$ 549,900
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage3527
- Lot Size0.21 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description
**Ask about our 4.99% interest rate buy-down with preferred lender.** Step inside this thoughtfully designed home featuring an open-concept layout perfect for modern living. The spacious kitchen boasts a large island, walk-in pantry, and elegant stone countertops — ideal for both everyday meals and entertaining. The dining area and great room flow seamlessly together, while the front flex room, with stylish angled double doors, makes an excellent home office or creative space. A convenient half bath and a mudroom with an oversized walk-in closet complete the main level. Upstairs, you’ll find four generous bedrooms, including an owner’s suite with vaulted ceiling, a private bathroom, and HUGE walk-in closet. The upper level also offers a versatile loft area, perfect for a playroom or lounge, along with a full bath and a dedicated laundry room. The finished lookout basement provides even more living space with a large family room, an additional bedroom, and a full bath — perfect for guests or a growing household.
| Price History | |
|---|---|
| 8/26/2026 | Listed $569,900 |
| 9/9/2026 | 2$559,900 |
| 9/16/2026 | 2$549,900 |
General Features
| Living Area | 3527 |
|---|---|
| Sewer | City Sewer/Connected |
| Heating | Forced Air,Fireplace(s) |
| Cooling | Central Air |
| Roof | Age 8 Years or Less |
| Appliances | Air-To-Air Exchanger,Dishwasher,Microwave,Range,Refrigerator,Tankless Water Heater |
| HOA Fee | 300 |
| Garage Spaces | 3 |
| Association Fee Includes | Maintenance Grounds,Sanitation |
| Year Built | 2026 |
| Electric | 200+ Amp Service |
| Levels | Two |
| Property Subtype | Single Family |
| Tax Year | 2026 |
| Accessibility | None |
| Assoc Fee Paid Per | Annually |
| County | Sherburne |
| New Construction | Yes |
| Property Type | Residential |
| HOA | Yes |
| Contingency | None |
| Subdivision Name | OAKWATER RIDGE |
| Full Baths | 3 |
| Directions | Set GPS for sales model - 10804 165th Ave NW - Going W on HWY 10 past Ramsey,turn left onto 165th Ave NW when you see the Capstone Homes entrance signs. Home is on the left. |
| City | Elk River |
| Association Name | Cities Management |
| High School District | Elk River |
| Zoning Description | Residential-Single Family |
| Lot Size Units | Acres |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Additional Parcels Y/N | No |
| Availability Date | 2026-10-21 |
| Builder Name | CAPSTONE HOMES INC |
| Standard Status | Active |
| Lender Owned | No |
| Amenities Unit | French Doors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Porch,In-Ground Sprinkler,Vaulted Ceiling(s),Washer/Dryer Hookup,Walk-In Closet |
| Community Name | OAKWATER RIDGE |
| PostalCity | Elk River |
Interior Features
| Basement | Crawl Space,Daylight/Lookout Windows,Drain Tiled,Finished,Storage Space,Sump Pump |
|---|---|
| Total Fireplaces | 2 |
| Fireplace Features | Electric,Gas,Living Room |
| Basement (Y/N) | Yes |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 2607 |
| Half Baths | 1 |
| Total Bedrooms | 5 |
| Below Grade Finished Area | 920 |
| Total Baths | 4 |
| Bath Desc | 3/4 Basement,Private Primary,Separate Tub & Shower,Upper Level Full Bath |
| Fuel | Natural Gas |
| Garage Dimensions | 31x21 |
| Garage Door Width | 8 |
| Garage Square Feet | 672 |
Exterior Features
| Parking Features | Attached Garage,Asphalt |
|---|---|
| Lot Features | Sod Included in Price |
| Water Source | City Water/Connected |
| Lot Size Area | 0.21 |
| Building Area Total | 3527 |
| Lot Dimensions | 81x131x58x130 |
| Waterfront Y/N | No |
| Foundation Area | 2645 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 55330
Price
Year Built
Visits
In The Neighborhood
New Construction
Elk River
$ 464,900
- Type
- Single Family
- Size
- 2,579 SqFt
- Rooms
- 5 Beds + 3 Baths
Capstone Realty, LLC
Reduced
Elk River
$ 474,900
- Type
- Single Family
- Size
- 2,654 SqFt
- Rooms
- 5 Beds + 3 Baths
Capstone Realty, LLC
Reduced
Elk River
$ 524,900
- Type
- Single Family
- Size
- 3,080 SqFt
- Rooms
- 5 Beds + 3.5 Baths
Capstone Realty, LLC
Reduced
Elk River
$ 399,900
- Type
- Single Family
- Size
- 2,087 SqFt
- Rooms
- 3 Beds + 2.5 Baths
Capstone Realty, LLC
New Construction
Elk River
$ 619,900
- Type
- Single Family
- Size
- 4,144 SqFt
- Rooms
- 5 Beds + 4.5 Baths
Capstone Realty, LLC
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated Last updated on September 23, 2026 4:08 PM UTC The listing information on this page last changed on Last updated on September 23, 2026 4:08 PM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Updated on September 23, 2026 4:08 PM UTC
REALTORS® Association of Northeast Wisconsin All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), nor Pinnacle Team , nor RANWMLS shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Pinnacle Team may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 REALTORS Association of Northeast WI MLS, Inc. All rights reserved. Last Updated: September 23, 2026 3:54 PM UTC
