Lori Gustafson

1304 W Medicine Lake Drive # 308

Minneapolis, MN
$ 145,000 Beds 1 Baths 1 Sq 848
Monthly Estimate* How much can I afford?

Affordable lake living at Medicine Lake! This top-floor 1-bed, 1-bath condo has been thoughtfully updated throughout, featuring luxury vinyl plank flooring, fresh paint, a remodeled kitchen with subway tile backsplash, updated granite countertops, and newer appliances, plus a renovated bathroom with a tiled tub surround and contemporary finishes. Heated underground parking and a private storage locker are included. Enjoy an impressive list of amenities, including an outdoor heated pool, tennis and basketball courts, sauna, fitness room, party room, and free laundry on every floor. HOA dues cover heat, water, and internet, adding convenience and value. Boat and kayak slips on Medicine Lake are available for lease. Just steps from the Medicine Lake Trail, with connections to the Luce Line State Trail and Three Rivers Park system for biking, walking, and outdoor recreation year-round. Nearby French Regional Park offers beaches, fishing, cross-country skiing, and sledding. Ideally located with quick access to highways, shopping, and dining. Enjoy living near one of the west metro's premier recreational lakes.

Single Family

  • Price
  • $ 145,000
  • City
  • Minneapolis
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Condo 0111 Sunrise Bay East Condo
  • Lot Size
  • Zip
  • 55441
  • Sqr Footage
  • 848
  • Year Built
  • 1978
  • Taxes
  • $ 1748
  • Style
  • (CC) Low Rise (3- Levels)
  • MLS#
  • 7084211
Listed By: RE/MAX Results
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 848
Sewer City Sewer/Connected
Heating Baseboard
Cooling Wall Unit(s)
Roof Age 8 Years or Less,Flat
Appliances Dishwasher,Microwave,Range,Refrigerator
HOA Fee 588
Garage Spaces 1
Association Fee Includes Building Exterior,Cable TV,Dock,Hazard Insurance,Heating,Internet,Lawn Care,Maintenance Grounds,Parking,Professional Mgmt,Recreation Facility,Sanitation,Security System,Sewer,Shared Amenities,Snow Re
Pool Features Below Ground,Heated,Outdoor
Year Built 1978
Levels One
Unit Number 308
Property Subtype (CC) Low Rise (3- Levels)
Tax Year 2026
Waterfront Features Association Access,Deeded Access,Dock,Lake Front,Lake View,Shared
Accessibility Accessible Elevator Installed
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Boat Slip,Car Wash,Dock,Elevator(s),Lobby Entrance,Security Building,Tennis Courts
HOA Yes
Contingency None
Subdivision Name Condo 0111 Sunrise Bay East Condo
Full Baths 1
Directions Hwy 55 to W. Medicine Lake Rd,North to Medicine Lake Dr. North to Sunrise Bay Condos (building is on the right)
City Plymouth
Association Name First Service Residential
High School District Wayzata
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 1748
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Cable,Ceiling Fan(s),Deck,Primary Bedroom Walk-In Closet,Walk-In Closet
PostalCity Minneapolis

Interior Features

Basement None
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 848
Laundry Features Common Area,Laundry Room
Total Bedrooms 1
Total Baths 1
Bath Desc Main Floor Full Bath
Dining Room Description Informal Dining Room,Kitchen/Dining Room
Fuel Natural Gas

Exterior Features

Parking Features Garage Door Opener,Guest Parking,Heated Garage,Paved Lot,Underground
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Building Area Total 848
Waterfront Y/N Yes
Foundation Area 848
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

6/4/2026 Listed $165,000
6/17/2026 4% - $159,900
7/9/2026 10% - $145,000

Property vs Zip Code Average in 55441

Price
AVG $630K
$150K
Taxes
AVG $11,536
$1,748
Year Built
AVG 1974
1978
Visits
AVG 76
275
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

1304 W Medicine Lake Drive # 308 Minneapolis, MN is a Single Family Home for sale at $145000 with 848 sqft and a lot size of Acre(s). 1304 W Medicine Lake Drive # 308 Minneapolis has 1 bedrooms, 1 baths and was built in 1978. The property's zip code is 55441 which is in Minneapolis, 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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