Lori Gustafson

8657 Elk Avenue

Monticello, MN
$ 569,900 Beds 5 Baths 3.5 Sq 4,388 Virtual Tour
Monthly Estimate* How much can I afford?

Sensational two story, former Model Home, in attractive Hillside Farm neighborhood. Nearly 4400 finished square feet in this well maintained one-owner home. Main floor features welcoming living room with two sided look-through fireplace. Gourmet center island kitchen with stainless appliances, comfortably open to eat-in kitchen and main floor family room with cozy two sided look-through fireplace. Adjoining formal dining with small butlery. Kitchen walks out to a spacious deck overlooking pond and attractive landscaping. Convenient main floor laundry. An open staircase brings you to the four upper-level bedrooms including a spacious primary suite with a full bath including jetted tub. Lower level is a marvelous entertaining space with wet-bar. 5th bedroom currently serves as a large workout space. Plenty of storage throughout! Home features include: Newer roof (2023), Furnace (2020), AC (2017), Hot water heater (2025). Dishwasher (2017). New Deck (2025). NEST security System. Beautiful Home. Exceptional value! Hurry to this one!

Single Family

  • Price
  • $ 569,900
  • City
  • Monticello
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • WRIGHT
  • Half Bathrooms
  • 1
  • Area
  • Hillside Farm 2nd Add
  • Lot Size
  • 0.388 Acres
  • Zip
  • 55362
  • Sqr Footage
  • 4,388
  • Year Built
  • 2005
  • Taxes
  • $ 5974
  • Style
  • Single Family
  • MLS#
  • 7073538
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 4388
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Asphalt
Appliances Air-To-Air Exchanger,Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer,Water Softener Owned
Garage Spaces 3
Pool Features None
Year Built 2005
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Wright
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Hillside Farm 2nd Add
Full Baths 2
Directions Hwy 25 S to School Blvd E,at 2nd round-about take the 1st exit onto Fenning Ave - Turn left onto 86th St NE,86th St NE turns right and becomes Badger St - Turn left onto Elk Ave to home on left.
City Monticello
High School District Monticello
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 5974
Additional Parcels Y/N No
Virtual Tour https://tours.spacecrafting.com/n3d-rcqq8m
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Exercise Room,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Patio,In-Ground Sprinkler,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar,Walk-In Closet
PostalCity Monticello

Interior Features

Basement Daylight/Lookout Windows,Finished,Full,Sump Pump,Walkout
Total Fireplaces 1
Fireplace Features Two Sided,Living Room
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2978
Half Baths 1
3/4 Baths 1
Laundry Features Laundry Room,Main Level,Sink
Total Bedrooms 5
Below Grade Finished Area 1410
Total Baths 4
Bath Desc 3/4 Basement,Double Sink,Full Primary,Full Jack & Jill,Private Primary,Main Floor 1/2 Bath,Separate Tub & Shower,Upper Level Full Bath,Jetted Tub,Walk-In Shower Stall
Dining Room Description Informal Dining Room,Kitchen/Dining Room,Separate/Formal Dining Room
Fuel Natural Gas
Garage Square Feet 673

Exterior Features

Fencing None
Parking Features Attached Garage
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.388
Building Area Total 4520
Lot Dimensions 175x96x163x103
Waterfront Y/N No
Foundation Area 1542
Road Frontage Type City Street

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

6/11/2026 Listed $625,000
7/7/2026 5% - $595,000
8/18/2026 5% - $569,900

Property vs Zip Code Average in 55362

Price
AVG $490K
$570K
Taxes
AVG $3,115
$5,974
Year Built
AVG 1997
2005
Visits
AVG 116
235
Data Provided by Inside Real Estate®

Areas That We Cover

8657 Elk Avenue Monticello, MN is a Single Family Home for sale at $569900 with 4388 sqft and a lot size of 0.388 Acres Acre(s). 8657 Elk Avenue Monticello has 5 bedrooms, 3 baths and was built in 2005. The property's zip code is 55362 which is in Monticello, 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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