Lexington Waters

Blaine, MN · Anoka County · 54 Homes · New Construction · Age-Targeted 55+
54
Total Homes
$400K–$500K
Price Range
2025–present
Built
1.01%
Anoka Co. Rate
SF
Home Type
~30 min
To Minneapolis

Lexington Waters is a 54-home age-targeted new construction community in Blaine — among the newest in the Twin Cities 55+ inventory, with construction beginning in 2025. Blaine is a well-established Anoka County suburb with solid retail infrastructure, multiple healthcare options, and proximity to both I-35W and US-10 for corridor access.

At 54 homes, Lexington Waters is a small community. No resort amenities, no clubhouse — primarily a low-maintenance neighborhood product for buyers who want new construction right-sizing in the north/northeast metro. The Anoka County 1.01% tax rate is a genuine cost advantage over Hennepin or Ramsey County alternatives.

Brand new — verify actively: With construction starting in 2025, HOA structures, fee amounts, and build-out timelines are still forming. Request current sales materials directly; do not rely on estimates at this stage of development.

True Cost Estimate

LEXINGTON WATERS — $450,000 HOME (2026 ESTIMATE)

HOA fee (est.): $150–$210/mo
Property tax (Anoka 1.01%, $450K): $379/mo
Homeowners insurance (est.): $100/mo
Total monthly non-mortgage: ~$629–$689/mo · Annual: ~$7,548–$8,268

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