Lori Gustafson

2418 5th Street Sw

Rochester, MN
$ 699,900 Beds 4 Baths 4 Sq 3,570 Virtual Tour
Monthly Estimate* How much can I afford?

Enjoy the breathing room of an acreage with the convenience of an urban address. Tucked at the end of a cul-de-sac on 2.36 acres—more than 100,000 square feet of in-town land—this distinctive property offers remarkable privacy while keeping Mayo Clinic’s Saint Mary's and downtown campuses, along with downtown Rochester’s dining, shopping, entertainment, and cultural amenities, just minutes away. It is an exceptional setting where peaceful seclusion and city convenience come together effortlessly. Backing to the Charles E. Gagnon Museum and Sculpture Garden, the expansive grounds are framed by trees and visiting wildlife, creating a serene backdrop for outdoor living, gardening, entertaining, or simply unwinding. Inside, the four-bedroom, four-bath home blends timeless character with thoughtful updates, featuring beautiful hardwood floors, abundant natural light, multiple gathering spaces, and an updated kitchen with stainless steel appliances and a butler’s pantry. For those who want room to breathe without feeling removed from the heart of Rochester, this one-of-a-kind property delivers an uncommon combination: substantial acreage, genuine privacy, city services, and outstanding access to Mayo Clinic and downtown.

Single Family

  • Price
  • $ 699,900
  • City
  • Rochester
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • County
  • OLMSTED
  • Half Bathrooms
  • 0
  • Area
  • Hillcrest Sub
  • Lot Size
  • 2.36 Acres
  • Zip
  • 55902
  • Sqr Footage
  • 3,570
  • Year Built
  • 1950
  • Taxes
  • $ 7056
  • Style
  • Single Family
  • MLS#
  • 7097573
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 3570
Sewer City Sewer/Connected
Heating Boiler,Forced Air,Fireplace(s),Hot Water
Cooling Central Air
Roof Age 8 Years or Less
Appliances Dishwasher,Disposal,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer
Garage Spaces 2
Pool Features None
Construction Materials Concrete,Stone
Year Built 1950
Electric Circuit Breakers,150 Amp Service
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility Soaking Tub
County Olmsted
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Hillcrest Sub
Other Structures Barn(s),Storage Shed
Full Baths 1
Directions 52 to 2nd St going west to 23nd Ave SW to 5th St SW,house is at end of cul-de-sac.
High School Mayo
City Rochester
High School District Rochester
Zoning Description Residential-Single Family
Lot Size Units Acres
Elementary School Folwell
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 7056
Middle/Junior High School John Adams
Additional Parcels Y/N No
Virtual Tour https://wellcomemat.com/embed/54snaa8535e71mmft?mls=1
Standard Status Active
Lender Owned No
Amenities Unit Deck,French Doors,Hardwood Floors,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Paneled Doors,Tile Floors,Vaulted Ceiling(s)
PostalCity Rochester

Interior Features

Basement Block,Partial,Unfinished
Total Fireplaces 2
Fireplace Features Electric,Family Room,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 3570
3/4 Baths 3
Laundry Features Laundry Room,Upper Level
Total Bedrooms 4
Total Baths 4
Bath Desc 3/4 Primary,Basement,Private Primary,Main Floor 3/4 Bath,Rough In
Dining Room Description Breakfast Area,Informal Dining Room,Separate/Formal Dining Room
Fuel Natural Gas
Garage Square Feet 414

Exterior Features

Fencing None
Parking Features Attached Garage,Concrete
Lot Features Irregular Lot,Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 2.36
Building Area Total 4149
Lot Dimensions Irreg
Waterfront Y/N No
Foundation Area 1796
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 Folwell Elementary School
Middle School John Adams Middle School
High School Mayo High School

Price History

6/23/2026 Listed $699,900

Property vs Zip Code Average in 55902

Price
AVG $860K
$700K
Taxes
AVG $6,762
$7,056
Year Built
AVG 1992
1950
Visits
AVG 172
91
Data Provided by Inside Real Estate®

Areas That We Cover

2418 5th Street Sw Rochester, MN is a Single Family Home for sale at $699900 with 3570 sqft and a lot size of 2.36 Acres Acre(s). 2418 5th Street Sw Rochester has 4 bedrooms, 4 baths and was built in 1950. The property's zip code is 55902 which is in Rochester, 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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