Lori Gustafson

1015 Rae Drive # 8

Richfield, MN
$ 179,900 Beds 1 Baths 1 Sq 862 Virtual Tour
Monthly Estimate* How much can I afford?

A must see upper level manor home in Wood Lake Village with a private entry. Enjoy a south facing deck overlooking an amazing courtyard area. Your extra deep one car garage is just a few steps from your front door. You'll enjoy this exceptional corner unit with stainless steel appliances, open floor plan, wood burning brick fireplace, in unit laundry room, dining room and great tile floors. This large one-bedroom, one-bath condo feels like a home with great west and south window light and a large patio door. This is centrally located home has quick access to I-35W, I-494 and Hwy 62 which make quick commutes to the Airport or Downtown Minneapolis. There's also an express bus stop within a few blocks away to Downtown Minneapolis and many other great locations in the Twin Cites. Enjoy the many bike trails and nature walking trails at Wood Lake Nature Center and Richfield Lake nearby. Walking distance to great shopping at 66th and Lyndale, LA Fitness, Pizza Luce, Lakewinds Co-Op and much more. One Year Home Warranty included. Pets allowed, Dogs allowed and Cats allowed. Rentals are allowed too.

Single Family

  • Price
  • $ 179,900
  • City
  • Richfield
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Condo 0210 Wood Lake Village
  • Lot Size
  • 5.859 Acres
  • Zip
  • 55423
  • Sqr Footage
  • 862
  • Year Built
  • 1980
  • Taxes
  • $ 2691
  • Style
  • (CC) Manor/Village
  • MLS#
  • 7103337
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 862
Sewer City Sewer/Connected
Heating Baseboard,Fireplace(s)
Cooling Wall Unit(s)
Roof Architectural Shingle
Appliances Dishwasher,Disposal,Dryer,Electric Water Heater,Exhaust Fan,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer
HOA Fee 363
Garage Spaces 1
Association Fee Includes Building Exterior,Lawn Care,Maintenance Grounds,Professional Mgmt,Sewer,Shared Amenities,Snow Removal,Water
Pool Features None
Construction Materials Block,Brick,Concrete,Frame
Year Built 1980
Electric Circuit Breakers
Levels Two
Unit Number 8
Property Subtype (CC) Manor/Village
Tax Year 2026
Accessibility None
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Fire Sprinkler System,In-Ground Sprinkler System
HOA Yes
Contingency None
Subdivision Name Condo 0210 Wood Lake Village
Full Baths 1
Directions From Hwy 35 W,go east on 66th street,North on Rae Drive,West on Rae Drive into the community,park in guest parking spots near 1015 Rae Drive # 8 detached garage. Home near the courtyard.
City Richfield
Association Name Westport Properties
High School District Richfield
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 2691
Additional Parcels Y/N No
Virtual Tour https://tours.spacecrafting.com/n-3qh8r8
Standard Status Active
Lender Owned No
Amenities Unit Balcony,Ceiling Fan(s),Deck,Kitchen Window,Natural Woodwork,In-Ground Sprinkler,Tile Floors,Washer/Dryer Hookup,Walk-In Closet
PostalCity Richfield

Interior Features

Basement None
Total Fireplaces 1
Fireplace Features Living Room,Wood Burning
Basement (Y/N) No
Fireplace Y/N Yes
Above Grade Finished Area 862
Laundry Features Electric Dryer Hookup,Laundry Closet,Laundry Room,In Unit,Upper Level,Washer Hookup
Total Bedrooms 1
Total Baths 1
Bath Desc Upper Level Full Bath
Dining Room Description Eat In Kitchen,Informal Dining Room,Living/Dining Room,Separate/Formal Dining Room
Fuel Electric
Garage Dimensions 20x10
Garage Square Feet 200

Exterior Features

Fencing None
Parking Features Detached Garage,Garage Door Opener,Paved Lot
Lot Features Public Transit (w/in 6 blks),Corner Lot,Property Adjoins Public Land,Tree Coverage - Light,Underground Utilities
Water Source City Water/Connected
Lot Size Area 5.859
Building Area Total 862
Lot Dimensions Common
Waterfront Y/N No
Foundation Area 862
Road Frontage Type Cul De Sac,Paved Streets,Sidewalks,Street Lights
Road Responsibility Association 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

8/21/2026 Listed $185,000
9/17/2026 3% - $179,900

Property vs Zip Code Average in 55423

Price
AVG $300K
$180K
Taxes
AVG $10,345
$2,691
Year Built
AVG 1968
1980
Visits
AVG 88
32
Data Provided by Inside Real Estate®

Areas That We Cover

1015 Rae Drive # 8 Richfield, MN is a Single Family Home for sale at $179900 with 862 sqft and a lot size of 5.859 Acres Acre(s). 1015 Rae Drive # 8 Richfield has 1 bedrooms, 1 baths and was built in 1980. The property's zip code is 55423 which is in Richfield, 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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