4 months on rocket

1020 Lakeshore Dr, Lake City, MN, 55041

$499,000

Home List Price

$5,926*

Closing Credit

4 Bedrooms
2 Baths
1,960 SqFt
$255/SqFt
House

Location

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1020 Lakeshore Dr, Lake City$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Concrete
Garage2 spaces
Year Built1901
HeatingSteam
CoolingWall Unit(s)
BasementYes
WaterfrontLake, River View
FireplaceDecorative, Other
ViewCity Lights, Other, Lake, Panoramic, River
MLS #6557094
StatusActive

About 1020 Lakeshore Dr

Stately 4 bedroom home with amazing lake views...This home has many great features and is overlooking Lake Pepin on a large lot! Prime location, just steps away from the river walk, parks, boat landing and downtown marina and businesses! Updated kitchen with heated floor, main floor bath and office, hardwood floors, fireplace and a front porch with fabulous views! Brand new driveway leads to detached garage. Lots of potential in this home! Add your small touches to make it your own, or renovate to give it new life!

Property Details

Property Features

Property Information:

  • Year Built: 1901
  • Living Area: 1,960 SqFt

Listing Office:

  • Office Name: Schurhammer Real Estate, LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Fireplace: Decorative, Other

Bedroom and Bathroom Information:

  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lake, River View
  • View: City Lights, Other, Lake, Panoramic, River

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached, Concrete

Virtual/3D Tour

  • 3D Tour: 1020 Lakeshore Dr
3D Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Few Trees

Utilities

Utilities Information:

  • Heating: Steam
  • Cooling: Wall Unit(s)

School Info

Assigned Schools Information:

  • Lincoln Secondary School, Public District Grades 7-12
  • Bluff View Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: From intersection of Hwy 61 & Hwy 63 take South Lakeshore Drive (Hwy 61) to Iowa St property is on the corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $255/SqFt
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Housing Market Comparison

See how this home compares to others in Lake City, MN.

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Lake City, MN

City

Med. Sold Price

$307K

Med. Price/SqFt

$173

Avg. Days On Market

49

# of Sold Homes

12

1020 Lakeshore Dr vs Lake City

133 DAYS ON ROCKET

+84 Days

$499,000

+$192K More

$255/SqFt

+$81 More

KEY TAKEAWAY

This property is $192K more than the Median Sold Price and $81/SqFt more than other homes in Lake City, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6557094

Listing Office:

  • Office Name: Schurhammer Real Estate, LLC

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Last updated on: 11/4/2024, 11:52:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1919226
6
/10

  • Bluff View Elementary School

  • 1156 W Lakewood Ave

  • 0.89 miles

  • Public District Grades PK-6

High School

school-card-donut-1919227
6
/10

  • Lincoln Secondary School

  • 300 S Garden St

  • 0.50 miles

  • Public District Grades 7-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,813. The most common annual income of people living in Lake City, MN is between $35k-100k. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1020 Lakeshore Dr

What is the listing price of this property?

The listing price of 1020 Lakeshore Dr property is $499,000.

What type of property is this?

The property 1020 Lakeshore Dr is a house located in Lake City, Minnesota, 55041.

Is this property for sale now?

Active Listing: 1020 Lakeshore Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1020 Lakeshore Dr are:
Bluff View Elementary School: GreatSchools Rating 6/10
Lincoln Secondary School: GreatSchools Rating 6/10

How many bedrooms and bathrooms does this property have?

The property at 1020 Lakeshore Dr has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1020 Lakeshore Dr is 1,960 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1020 Lakeshore Dr is 1901.

Rocket Homes›Minnesota›Wabasha County›Lake City›55041›1020 Lakeshore Dr

This home is located at 1020 Lakeshore Dr in Lake City, MN and zip code 55041. This 1,960 square foot home was built in 1901. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $499,000.

Over 1 listings were sold over their listed price in October 2024 in Lake City, MN. In the same period over 8 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Lake City, MN increased by 14.6% between September 2024 and October 2024. The median list price of listings available in October 2024 was $307,000, while the average time on the real estate market was 49 days.

From Rocket Homes Real Estate and based on county public records data.

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