A rare Lake Elmo setting with space to make it your own! Tucked on a cul-de-sac near downtown, this one-owner custom-built home sits on a beautifully landscaped .55-acre lot with mature trees, expansive lawn, patio, screened three-season porch & storage shed. The private-feeling backyard offers a peaceful place to gather, garden, play or simply unwind. Inside, over 3,500 FSF spans four flexible levels with 4 bedrooms, 2 baths, multiple living and dining spaces, a large kitchen with abundant cabinetry and hardwood floors, fireplace family room, oversized recreation room, workshop/craft/laundry area, built-ins and exceptional storage. Carefully maintained by the same owners since 1968, the home retains its original character and is ready for a new vision. Cosmetic changes—removing wallpaper, adding fresh paint and updating lighting—could create a dramatic transformation while preserving the generous layout and quality features. Highlights include Andersen windows, ceramic tile, 2026 roof and gutters with leaf protection, 2023 exterior paint, newer appliances, epoxy garage floor with drain, and city water/sewer with the assessment paid in full. Enjoy an established neighborhood close to downtown Lake Elmo, parks, shopping & dining. See today!