7240 Lake Ridge Dr

2,500 Sq. Ft.
$180 / Sq. Ft.
2,500
Sq. Ft.
$180
per Sq. Ft.

Description

Welcome home to this beautifully updated one-level living townhome, a desirable end unit offering extra privacy and natural light throughout. Nestled against a serene pond backdrop, this home provides peaceful views and a relaxing setting you’ll enjoy year-round. Step inside to discover brand new flooring that flows seamlessly across the main living spaces, creating a fresh and modern feel. The kitchen features stylish finishes, ample cabinetry, and great functionality for everyday living or entertaining....Welcome home to this beautifully updated one-level living townhome, a desirable end unit offering extra privacy and natural light throughout. Nestled against a serene pond backdrop, this home provides peaceful views and a relaxing setting you’ll enjoy year-round. Step inside to discover brand new flooring that flows seamlessly across the main living spaces, creating a fresh and modern feel. The kitchen features stylish finishes, ample cabinetry, and great functionality for everyday living or entertaining. You'll love the large island and appreciate the remote-controlled blind in the bay window over the sink. All bathrooms have been tastefully renovated, offering a clean, contemporary design. The main level is designed for true one-level living, complete with a convenient laundry area featuring a utility sink and built-in cabinetry for added storage and organization. Downstairs, the finished lower level expands your living space with a welcoming area perfect for gatherings, highlighted by a custom wet bar and built-in shelving—ideal for entertaining or relaxing. You'll find another bedroom and full bath on this level as well as an office and flex room, ideal for exercise or crafting. Additional upgrades include central vac system, and an epoxy-coated garage floor, providing durability and a polished look that enhances the space. As an end unit, you’ll appreciate the added windows, increased privacy, and open feel compared to interior units. Whether you're enjoying morning coffee overlooking the pond, hosting guests in the spacious lower level, or simply appreciating the ease of single-level living, this home offers a perfect blend of comfort, style, and convenience. Move-in ready and meticulously maintained, this townhome is a rare find—combining modern updates with a peaceful setting and functional layout designed for today’s lifestyle.
  1. Listed by Edina Realty, Inc.

Property Details for 7240 Lake Ridge Drive

Subdivision Name
Weston Woods Of Peninsula Pt
Waterfront Features
Pond
Waterfront YN
No
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 04/17/2026 07:51 AM

Property Details for 7240 Lake Ridge Drive

StatusPending
MLS #7041318
Days on Compass8
Taxes$4,494 / year
HOA Fees$465 / month
Condo/Co-op Fees-
Property TypeTownhouse
MLS TypeResidential / (TH) Side x Side
Year Built2001
Lot Size0.08 AC / 3,485 SF
CountyScott County

Location

Listing Courtesy of Edina Realty, Inc.
Add your commute

Building Information for 7240 Lake Ridge Drive

Stories-Residences-Year Built2001Lot Size0.08 AC / 3,485 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$3,105 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,266

Property Taxes

$375

HOA Dues

$465

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 7240 Lake Ridge Drive

Summary
Location and General Information
  • City Name: Savage
  • County Or Parish: Scott
  • County: Scott-MN
  • Directions: Cty Rd 42 to Quebec Ave S to Lake Ridge Dr, E to home on Left.
  • Latitude: 44.743352
  • Longitude: -93.369499
  • Map Coordinate: 161-D1
  • City and Location: Savage
  • City and Location Text: Savage(MN)
  • Postal Code: 55378
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $465.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Hazard Insurance, Lawn Care, Maintenance Grounds, Professional Mgmt, Sanitation, Sewer, Snow Removal
  • Association Name: New Concept Management
  • Association Phone: 9529222500
  • Association: Yes
  • Parcel Number: 263080060
  • Tax Annual Amount: $4,494.00
  • Tax Legal Description: SUBDIVISIONNAME WESTON WOODS OF PENINSULA PT LOT 006 BLOCK 001 SUBDIVISIONCD 26308
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2026
  • Tax With Assessments: 4494
School Information
  • High School District: 2232 - Prior Lake-Savage Area Schools
  • School District Number: 2232
  • School District Phone: 9522260000
Property
Lot Information
  • Above Grade Fin SQFT: 1440.0
  • Below Grade Fin SQFT: 1060.0
  • SQFT Total: 2500.0
  • Living Area Units: Square Feet
  • Lot Size Area: 0.08
  • Lot Size Dimensions: 0
  • Lot Size Units: Square Feet
  • Present Use: Yearly
  • Property Attached: Yes
  • Property Sub Type: (TH) Side x Side
  • Property Type: Residential
  • SQFT Main Total: 1440
  • Building Area Total: 2500.0
  • Above Grade SqFt Total: 1440
  • Below Grade SqFt Total: 1060
Utilities
  • Electric: Circuit Breakers, 200+ Amp Service
  • Sewer: City Sewer - In Street
  • Water Source: City Water - In Street
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Association Amenities: In-Ground Sprinkler System
  • Fencing: None
  • Foundation Area: 1296.0
  • Fuel: Natural Gas
  • Pool Features: None
  • Road Frontage Type: City Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
  • Road Responsibility: Public Maintained Road
  • Roof: Age Over 8 Years, Asphalt
  • Patio Porch Type: Composite Decking,Deck
Interior Features
  • Appliances: Air-To-Air Exchanger, Central Vacuum, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Humidifier, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned, Wine Cooler
  • Basement Type: Daylight/Lookout Windows, Drain Tiled, Finished, Full, Concrete, Storage Space, Sump Basket, Sump Pump, Tile Shower, Walkout
  • Amenities Unit: Ceiling Fan(s),Deck,Exercise Room,French Doors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,Paneled Doors,In-Ground Sprinkler,Sun Room,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet
  • Bath Desc: 3/4 Basement,Double Sink,Full Primary,Private Primary,Main Floor 1/2 Bath,Separate Tub & Shower,Jetted Tub,Walk-In Shower Stall
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 1
  • Bathrooms Total Count: 3
  • Bedrooms Total: 2
  • Fireplace Features: Gas, Living Room
  • Fireplaces Total: 1
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Eat In Kitchen,Kitchen/Dining Room
  • DP Resource: Yes
  • Garage Square Feet: 0
  • Heating: Forced Air
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Levels: One
  • Room List: Deck, Dining Room, Family Room, Bedroom, Flex Room, Kitchen, Laundry, Living Room, Office, Bedroom 2, Sun Room
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 10x10
  • Room Level: Main
  • Room Type: Deck
Room 2
  • Room Dimensions: 13x10
  • Room Level: Main
  • Room Type: Dining Room
Room 3
  • Room Dimensions: 25x15
  • Room Level: Lower
  • Room Type: Family Room
Room 4
  • Room Dimensions: 16x12
  • Room Level: Main
  • Room Type: Bedroom
Room 5
  • Room Dimensions: 10x9
  • Room Level: Lower
  • Room Type: Flex Room
Room 6
  • Room Dimensions: 13x11
  • Room Level: Main
  • Room Type: Kitchen
Room 7
  • Room Dimensions: 9x8
  • Room Level: Main
  • Room Type: Laundry
Room 8
  • Room Dimensions: 18x15
  • Room Level: Main
  • Room Type: Living Room
Room 9
  • Room Dimensions: 12x10
  • Room Level: Lower
  • Room Type: Office
Room 10
  • Room Dimensions: 15x11
  • Room Level: Lower
  • Room Type: Bedroom 2
Room 11
  • Room Dimensions: 12x11
  • Room Level: Main
  • Room Type: Sun Room

Property History for 7240 Lake Ridge Drive

DateEvent & SourcePriceAppreciation
Apr 17, 2026

Pending

NorthStar #7041318

Apr 10, 2026

Off Market

NorthStar #7041318

Apr 2, 2026

Price Change

NorthStar #7041318

$450,000
DateEvent & SourcePrice
04/17/2026

Pending

NorthStar #7041318

04/10/2026

Off Market

NorthStar #7041318

04/02/2026

Price Change

NorthStar #7041318

$450,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7240 Lake Ridge Drive

Taxable ValueLand$161,900Additions$256,600Total$418,500
Tax Record2024$4,252 ($354 / month)
Home Facts
Beds2Total Finished SqFt2,692 SqFtAbove Grade Finished SqFt1,492 SqFtFinished Basement SqFt1,200 SqFtLot Size3,485 SqFtStyleTownhouseYear Built2001CountySCOTTAPN26-308006-0

Schools near 7240 Lake Ridge Drive

This home is within Prior Lake-Savage Area Schools.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Glendale Elementary School
PublicK to 5

Twin Oaks Middle School
Public6 to 8

Hidden Oaks Middle School
Public6 to 8

Prior Lake High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Edina Realty, Inc.

Based on information submitted to the MLS GRID as of 04/17/2026 07:51 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.