Lori Gustafson

79 1st Avenue S

Wood Lake, MN
$ 237,500 Beds 3 Baths 3 Sq 938
Monthly Estimate* How much can I afford?

Are you ready to find a cozy home to fall in love with and add some of your own equity! Home has over 3118 sq ft of living space! This property gives you the opportunity to make it yours but with so much done already! This residence will astonish you with its expansive four-car garage! Imagine family gatherings around the massive maple butcher block island for any festive holiday. The custom kitchen features quartz countertops that wrap around the kitchen. The cozy living room has a gas stove that warms the space and overlooks the large back yard. The basement gives you great options for storage or flex rooms. The 2nd floor has been insulated with $35,000 worth of spray form, sheet rocked and ready for your choice of flooring. There is some mudding, taping and painting to do in 1/2 the space. The rooms up there are quite expansive and could be turned into several bedrooms or a large family room with flexible options. The laundry room is waiting for flooring, and the bathroom needs a vanity and tub. The seller is leaving that construction to the next buyer. Owner has a quote for ceramic tile installed in the shower, flooring in the bathroom, laundry and carpet for the upper level and staircase for under $16,000. Trim is needed throughout the home. The electrical & plumbing is completely new throughout. This included a new furnace, A/C, and water softener. The water heater was replaced last fall (2025). The whole house, not the garage, is spray foamed by Tri County Foam out of Alexandria. The plumbing in the upstairs bathroom is stubbed in and ready for a bathtub up against the walk-in shower wall. The kitchen was installed in 2023; Granite Falls Woodworks made the maple top. The wiring is ready to be hooked up for 220 in the garage, ready to run welders or bigger powered equipment. Come take a look at this amazing home! Ask about a conventional loan that gives you the money to finish off the upstairs. We have info on that! Or if you would rather have a move in ready home with everything done, seller is willing to accept $265,000 and will have contractors finish the work.

Single Family

  • Price
  • $ 237,500
  • City
  • Wood Lake
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • YELLOW MEDICINE
  • Half Bathrooms
  • 0
  • Area
  • Justs 2nd Add
  • Lot Size
  • 0.241 Acres
  • Zip
  • 56297
  • Sqr Footage
  • 938
  • Year Built
  • 2008
  • Taxes
  • $ 3072
  • Style
  • Single Family
  • MLS#
  • 7063984
Listed By: Marshall Area Homes
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 938
Sewer City Sewer/Connected
Heating Forced Air,Fireplace(s)
Cooling Central Air
Roof Asphalt
Appliances Dishwasher,Refrigerator
Garage Spaces 4
Construction Materials Frame
Year Built 2008
Electric Circuit Breakers
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility Doors 36 +,Lowered Switches/Controls
County Yellow Medicine
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Justs 2nd Add
Other Structures Storage Shed
Full Baths 1
Directions From Hwy 6 turn East on south st - go down 2 blocks,take a right - go 2 blks,turn left - home is on the left.
City Wood Lake
High School District Lakeview
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 3072
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Washer/Dryer Hookup
PostalCity Wood Lake

Interior Features

Basement Full
Total Fireplaces 1
Fireplace Features Free Standing,Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 878
3/4 Baths 2
Laundry Features In Basement,Upper Level,Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 60
Total Baths 3
Bath Desc 3/4 Basement,Main Floor 3/4 Bath,Rough In
Dining Room Description Informal Dining Room
Foundation Dimensions 23x29
Fuel Natural Gas
Garage Dimensions 23'8x43
Garage Door Width 8
Garage Square Feet 1018

Exterior Features

Fencing None
Parking Features Attached Garage,Concrete,Floor Drain,Garage Door Opener
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.241
Building Area Total 3118
Lot Dimensions 75x140
Waterfront Y/N No
Foundation Area 784
Road Frontage Type City Street,Paved Streets
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/29/2026 Listed $250,000
7/7/2026 2% - $245,000
9/1/2026 4% - $237,500

Property vs Zip Code Average in 56297

Price
AVG $240K
$240K
Taxes
AVG $3,072
$3,072
Year Built
AVG 1974
2008
Visits
AVG 74
74
Data Provided by Inside Real Estate®

Areas That We Cover

79 1st Avenue S Wood Lake, MN is a Single Family Home for sale at $237500 with 938 sqft and a lot size of 0.241 Acres Acre(s). 79 1st Avenue S Wood Lake has 3 bedrooms, 3 baths and was built in 2008. The property's zip code is 56297 which is in Wood Lake, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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