Lori Gustafson

907 N Lakeshore Drive # 204

Lake City, MN
$ 400,000 Beds 1 Baths 1 Sq 844
Monthly Estimate* How much can I afford?

Whether you're looking for an investment property, weekend retreat, or primary residence, Unit 204 at Great River Flats offers an exceptional opportunity to own in the heart of Lake City. This inviting 1-bedroom, 1-bath unit features an open-concept layout with a spacious living area and modern kitchen designed for easy everyday living. Step out onto the private balcony to take in beautiful Lake Pepin views, or enjoy the many nearby amenities including the lake, local dining, shopping, marinas, and outdoor recreation. Residents also enjoy access to a community room, rooftop deck with stunning views, and private parking. Experience low-maintenance living in one of Lake City's most desirable lakeside communities.

Single Family

  • Price
  • $ 400,000
  • City
  • Lake City
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • GOODHUE
  • Half Bathrooms
  • 0
  • Area
  • Baileys Add
  • Lot Size
  • 0.7 Acres
  • Zip
  • 55041
  • Sqr Footage
  • 844
  • Year Built
  • 2023
  • Taxes
  • $ 4900
  • Style
  • (CC) Low Rise (3- Levels)
  • MLS#
  • 7087410
Listed By: Schurhammer Real Estate, LLC
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 844
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Flat
Appliances Dishwasher,Dryer,Microwave,Refrigerator,Washer
HOA Fee 395.62
Association Fee Includes Building Exterior,Lawn Care,Maintenance Grounds,Parking,Professional Mgmt,Security System,Shared Amenities,Snow Removal
Pool Features None
Year Built 2023
View Lake
Levels More Than 2 Stories
Unit Number 204
Property Subtype (CC) Low Rise (3- Levels)
Tax Year 2025
Waterfront Features Lake Front,Lake View,River View
Accessibility Accessible Elevator Installed
Assoc Fee Paid Per Monthly
County Goodhue
New Construction No
Property Type Residential
Association Amenities Elevator(s),Fire Sprinkler System,Lobby Entrance,Other,Patio
HOA Yes
Contingency None
Subdivision Name Baileys Add
Directions Hwy 61 to Property
City Lake City
Association Name Great River Flats
High School District Lake City
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 4900.97
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Balcony,Cable,Ceiling Fan(s),Washer/Dryer Hookup
PostalCity Lake City

Interior Features

Basement None
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 844
3/4 Baths 1
Laundry Features Main Level
Total Bedrooms 1
Total Baths 1
Bath Desc Main Floor 3/4 Bath
Dining Room Description Informal Dining Room
Fuel Natural Gas

Exterior Features

Parking Features Parking Lot,Paved Lot
Water Source City Water/Connected
Lot Size Area 0.7
Building Area Total 844
Lot Dimensions 243x130x246x139
Waterfront Y/N Yes
Foundation Area 844
Road Frontage Type Paved Streets,Highway
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

6/5/2026 Listed $400,000

Property vs Zip Code Average in 55041

Price
AVG $440K
$400K
Taxes
AVG $4,031
$4,900
Year Built
AVG 1970
2023
Visits
AVG 44
97
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

907 N Lakeshore Drive # 204 Lake City, MN is a Single Family Home for sale at $400000 with 844 sqft and a lot size of 0.7 Acres Acre(s). 907 N Lakeshore Drive # 204 Lake City has 1 bedrooms, 1 baths and was built in 2023. The property's zip code is 55041 which is in Lake City, 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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