Lori Gustafson

2280 E Medicine Lake Boulevard

Minneapolis, MN
$ 450,000 Beds 3 Baths 2.5 Sq 2,169
Monthly Estimate* How much can I afford?

Bring your vision-and unlock the potential! This is the kind of property buyers wait for: a .44-acre corner lot in an exceptional Medicine Lake area location, directly across the street from the lake and surrounded by parks, trails, boating, and recreation. The home needs updating, but the opportunity here is undeniable. Built in 1969 and lovingly owned by the same owner ever since, this Contemporary split-level home offers a spacious floor plan and a fantastic setting for creating something truly special. With three bedrooms on one level, a primary suite featuring a walk-in tub, convenient upper-level laundry, a family room, and an amusement room, there is plenty of space to reimagine the interior and make it your own. Step outside and the location really shines. A walking path provides access to French Regional Park, a public boat launch is nearby, and East Medicine Lake Park is just a short walk away. Enjoy boating, beaches, trails, parks, and year round outdoor recreation practically at your doorstep. Easy access to Hwy 169 adds everyday convenience for commuting and getting around the Twin Cities. The generous .44-acre corner lot is another major highlight, offering room to create an incredible outdoor environment and potentially explore future improvements, subject to applicable regulations. Whether you're an investor, builder, remodeler, or buyer looking for a home where you can add your own sweat equity, this property offers possibilities that are increasingly hard to find in a location like this. This one is not turnkey-and that's the point. Bring your imagination, renovation plans, and vision for what this property could become. The home needs updating, but the location, lot, layout, and long-term ownership history provide a remarkable foundation for its next chapter. Opportunities to create value in a sought-after Medicine Lake setting don't come along often. Come see the possibilities and imagine what you can build here.

Single Family

  • Price
  • $ 450,000
  • City
  • Minneapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • Medicine Lake Park 3rd Div
  • Lot Size
  • 0.44 Acres
  • Zip
  • 55441
  • Sqr Footage
  • 2,169
  • Year Built
  • 1969
  • Taxes
  • $ 4996
  • Style
  • Single Family
  • MLS#
  • 7107946
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2169
Sewer City Sewer/Connected
Heating Forced Air
Cooling None
Roof Age Over 8 Years
Appliances Dishwasher,Dryer,Exhaust Fan,Range,Refrigerator,Washer
Garage Spaces 2
Year Built 1969
Levels Three Level Split
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Medicine Lake Park 3rd Div
Full Baths 2
Directions 26th Ave N to E Medicine Lake Blvd,south to home
City Plymouth
High School District Robbinsdale
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4996
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Kitchen Window,Natural Woodwork,Washer/Dryer Hookup
PostalCity Minneapolis

Interior Features

Basement Block
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1863
Half Baths 1
Laundry Features Upper Level
Total Bedrooms 3
Below Grade Finished Area 306
Total Baths 3
Bath Desc 1/2 Basement,Full Primary,Private Primary,Upper Level Full Bath
Dining Room Description Informal Dining Room
Fuel Natural Gas
Garage Square Feet 486

Exterior Features

Parking Features Attached Garage
Lot Features Corner Lot,Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.44
Building Area Total 2169
Lot Dimensions 93x196x97x215
Waterfront Y/N No
Foundation Area 1863
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
Agent Photo

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

9/17/2026 Listed $450,000

Property vs Zip Code Average in 55441

Price
AVG $630K
$450K
Taxes
AVG $11,536
$4,996
Year Built
AVG 1974
1969
Visits
AVG 75
10
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

2280 E Medicine Lake Boulevard Minneapolis, MN is a Single Family Home for sale at $450000 with 2169 sqft and a lot size of 0.44 Acres Acre(s). 2280 E Medicine Lake Boulevard Minneapolis has 3 bedrooms, 2 baths and was built in 1969. 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

By pressing Contact Me, you agree that Weichert® may contact you via phone about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our Privacy Policy