Stillwater schools sell Lake Elmo Elementary site

Nov 25 Breaking Twin Cities 1 source

Stillwater Area Public Schools will sell the current Lake Elmo Elementary property at 11030 Stillwater Blvd. N. to Valley Community Center Partners, Inc. for $4.25 million, with plans for an indoor pool and community center on the 12.86‑acre site. The nonprofit has a 210‑day due‑diligence period, and closing is scheduled for Dec. 1, 2026; demolition costs are covered by voter‑approved bond proceeds, and the new Lake Elmo Elementary opens next fall at 10th St. and Lake Elmo Ave.

Education Local Government

📌 Key Facts

Buyer: Valley Community Center Partners, Inc.; price: $4.25M
Property: current Lake Elmo Elementary (12.86 acres), 11030 Stillwater Blvd. N.
Planned amenities: aquatics facility, fitness/recreation spaces, multi‑sport courts, youth areas, gathering spaces
Due diligence: 210 days; closing scheduled Dec. 1, 2026 (or earlier by agreement)
Demolition costs accounted for in district’s voter‑approved bond proceeds
New Lake Elmo Elementary opens next fall at 10th St. & Lake Elmo Ave.

📰 Sources (1)

Lake Elmo Elementary School property sold for $4.25M to nonprofit

Twin Cities by Mary Divine November 25, 2025