Back 31 Summit Farm Lane
Off Market

31 Summit Farm Lane

Gem Lake MN 55110

3
3
3
3246 sq. ft.
0.21 ac.
Townhouse
Last sold for $710,000
Garrett GanskeGarrett Ganske, last sold this property on 13 May 2025 after 40 days on market.

Overview

Welcome to Gem Lake Villas! Step inside this "like-new" Hanson Built (Venetian model) home and experience luxury upgrades and modern, elegant finishes throughout. This one-level detached Villa home features 3 bedrooms and 3 bathrooms. The high-end kitchen features upgraded appliances, stunning countertops and a remarkable pantry/coffee bar. The primary suite offers a spa-like bath with heated floors, double sinks and separate tiled bath and shower. Enjoy California Closets throughout EVERY closet for ultimate organization. A flex room provides additional versatility, and the screened-in porch lets you relax while enjoying serene pond views. The spacious, open-concept living areas feature two stunning fireplaces, a full wet bar with appliances that are perfect for entertaining, and a walkout patio. The 3 car garage is just as impressive! It is heated, oversized, fully finished, with epoxy floors and floor drains, making it ideal for car enthusiasts or extra workspace. 31 Summit Farm Lane is situated on a Private-Premium Lot. This walkout home with a full basement is close to walking trails, Gentry Academy, WBL restaurants, shopping, and 35E, yet it's tucked away for peace and privacy. Don’t miss this extraordinary opportunity in Gem Lake Villas!

Features

3 bedrooms
3 bathrooms
3 carspaces
3 garage spaces
3246 sq. ft. floor area
0.21 ac. lot size
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Gem Lake over the last 12 months, the estimated median property value of 31 Summit Farm Lane is $327k.

Median value
$327k
Estimated value range
$245k - $565k
Median days on market
32
Estimated value trend
-16%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Gem Lake. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 31 Summit Farm Lane

2025
Sold
$710,000
13 May 2025 by Garrett Ganske

Happy sellers in Gem Lake

94%
94% of sellers in Gem Lake reported that their sale price either exceeded or met their price expectations.

Gem Lake stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Gem Lake over the last 12 months.

Local market activity for 3 bedroom townhouses in Gem Lake

In the last 12 months, 15 three-bedroom townhouses similar to 31 Summit Farm Lane, have been sold.

This represents a 38% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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