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Parkway Meadows Aerial
Exterior
Kitchen
Elko New Market, Minnesota

Parkway Meadows

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Welcome to Parkway Meadows, where M/I Homes is proud to offer new construction homes for sale in Elko New Market, MN.

Ideally situated on the north side of Elko New Market, just 3 minutes from Highway 35, Parkway Meadows will feature spacious homesites and 1- and 2-story homes to choose from. This beautifully planned community is surrounded by open green spaces and established neighborhoods, creating a peaceful, connected place to call home in one of Minnesota's fastest growing small towns.

Explore Our Home Series

At Parkway Meadows, we'll be offering two series of homes for sale in Elko New Market, MN to meet a variety of lifestyles and life stages:

Hans Hagen Villa Series

Perfect for empty nesters, busy lifestyles, or those looking for main-level living in their new home, our Hans Hagen Homes are single-level villas available on slab foundations, with basement options to follow in future phases.

  • 3-car garages—ideal for storing bikes, snowmobiles, tools, and more
  • Low-maintenance living
  • Spacious, open-concept floorplans
  • Generous yard sizes

Smart Series (Coming Soon)

This all-new series is perfect for first-time buyers and growing families. With both slab and basement options coming in future phases, the Smart Series will feature brand-new floorplans designed for comfort, efficiency, and affordability.

Model homes—including a staged home and a model with a sales office—are coming soon so you can explore what makes these homes stand out.

Why Buy a Home in Parkway Meadows?

Parkway Meadows offers the best of both worlds: a peaceful small-town setting with quick access to everything you need. You'll be just minutes from Downtown Elko New Market, 20 minutes from New Prague and Prior Lake, and only 15 minutes from major retailers like Walmart, Hy-Vee, and Aldi.

Families will appreciate being part of the highly rated New Prague Area Schools (ISD #721), including Eagle View Elementary, New Prague Middle School, and New Prague High School.

There’s no shortage of local attractions to enjoy, from parks and golf courses to apple orchards and antique markets. Spend weekends at the Elko Speedway & Drive-In Theater, explore the Bradshaw Lake Wildlife Area, stroll through Traders Market, or relax at Whispering Creek Park right across the street. Local favorites like Firehouse Grille and Ranchero Supper Club are just around the corner.

With its strong sense of community and impressive growth, Elko New Market offers a small-town feel with big potential—making now the perfect time to buy a new home in this exciting area. 

About M/I Homes

At M/I Homes, we believe buying a new home should be easy and exciting—from the first time you reach out to us to long after you’ve moved in. Everyone deserves to love where they live, and we’re here to make that happen.

With over 40 years of experience under our belt, we build energy efficient homes backed by a solid warranty and a team that genuinely cares about you and your home's build throughout the journey. Plus, our in-house mortgage lender, M/I Financial, LLC, offers a variety of financing options and competitive rates tailored to your needs.

Contact Our Team

Don't miss your chance to own a new construction home in one of the most desirable small towns in the Twin Cities South Metro. Sign up through the form on this page to receive updates on pricing, availability, and model openings at Parkway Meadows, a premier community of homes for sale in Elko New Market, MN.

Overview

City
Elko New Market
County
Scott
School District
New Prague Isd 0721
Community Status
First Look

Start on I-35W S from Downtown Minneapolis. Merge onto I-35E S / I-35 S and continue heading south for approximately 30 miles. Take Exit 76 for County Road 2 / 260th Street W toward Elko New Market. Turn left onto 260th Street W / County Road 2 E. Drive about 1.5 miles, then turn left onto Natchez Avenue. Turn right onto Parkway Avenue (or follow signs into Parkway Meadows).

You can also search M/I Homes Parkway Meadows on Google Maps.

Across the country, M/I Homes is built for you.

Exterior

Hans Hagen Homes

​Hans Hagen homes are sought-after single-level villas that we're excited to offer here in Elko New Market. Offered as patio or basement villas, these homes feature open-concept designs, spacious kitchens, and ample storage, providing a blend of comfort and convenience for modern living.

The Hans Hagen Story
Kitchen

Smart Series Homes

Our Smart Series homes for sale in Elko New Market, MN have been designed to maximize your budget, by providing stunning design packages that make your home purchase more efficient. Simply choose the package that you love and move to the next stage of your new home buying journey, while keeping your costs in check!

Read More About Smart Series Homes
Lifestyle

M/I Financial, LLC

M/I Homes is proud to build your new home in Elko New Market. And with M/I Financial, we’re here to help you finance it, too. Our trusted, end-to-end service means we can guide you through both the home buying and home loan process with ease, all under one roof. (M/I Financial, LLC NMLS# 50684).

Why M/I Financial?
Generational family walking in a park

Parks and Recreation Near Parkway Meadows

​Elko New Market, Minnesota, boasts 13 parks spanning over 60 acres, offering a variety of amenities for both passive and active recreation. Highlights include Wagner Park, the city's largest at 12.57 acres, featuring baseball and softball fields, a hockey rink, and a skate park; and Whispering Creek Park, which is right across the street from Parkway Meadows!

List of Parks & Trails
People Eating at Restaurant

Elko New Market’s Local Eats

Elko New Market offers a welcoming small-town vibe with casual dining favorites like Firehouse Grille and The Doublewide, perfect for a relaxed night out close to home. With local restaurants, scenic parks, and a strong sense of community, it’s an ideal place to settle into a brand-new home.

See the Restaurant Map
Drive-in movie theater

Weekends Are Better in Elko New Market

Weekends in Elko New Market practically plan themselves—catch a race at Elko Speedway, treasure hunt at the Traders Market, or pick apples at Nelson’s Orchard. With golf courses, festivals, and local gems like the Drive-In Theater at Elko Speedway and “The Fish Bowl,” there’s always something fun just around the corner.

Things to Do

Local Sights and Attractions

Parkway Meadows offers homes for sale in New Elko, MN, situated within reach of locally loved attractions and conveniences.

Golf Course
Boulder Pointe Golf Club
2.9 miles away (about a 6 minute drive)
Restaurant
Downtown Prior Lake
14.4 miles away (about a 21 minute drive)
Car at a drive-in movie theater
Elko Speedway and Drive-in Theater
2.5 miles away (about a 6 minute drive)

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