Lori Gustafson

5020 87th Street Ne

Monticello, MN
$ 409,999 Beds 4 Baths 2 Sq 1,706 Virtual Tour
Monthly Estimate* How much can I afford?

The thoughtfully designed Emily floor plan features a stunning kitchen with a large center island, elegant quartz countertops, a stainless steel appliance package, and abundant workspace—perfect for entertaining or everyday living. The main level offers two spacious bedrooms and a full bathroom, providing comfortable single-level living. The finished lower level expands your living space with a generous recreation room, two additional bedrooms, and a second full bathroom, making it ideal for guests, a home office, or growing households. Additional highlights include a desirable 3-car garage, plus full yard sod, professional landscaping, and an in-ground irrigation system—all included for added value and convenience.

Single Family

  • Price
  • $ 409,999
  • City
  • Monticello
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • WRIGHT
  • Half Bathrooms
  • 0
  • Area
  • Haven Ridge
  • Lot Size
  • 0.22 Acres
  • Zip
  • 55362
  • Sqr Footage
  • 1,706
  • Year Built
  • 2024
  • Taxes
  • $ 3826
  • Style
  • Single Family
  • MLS#
  • 7113118
Listed By: Lennar Sales Corp
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1706
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Asphalt
Appliances Air-To-Air Exchanger,Dishwasher,Disposal,Humidifier,Microwave,Range,Refrigerator,Tankless Water Heater
Garage Spaces 3
Association Fee Includes Other
Pool Features None
Year Built 2024
Levels Split Entry (Bi-Level)
Property Subtype Single Family
Tax Year 2026
Accessibility None
Assoc Fee Paid Per N/A
County Wright
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Haven Ridge
Full Baths 2
Directions Take I-94 W to Fenning Ave in Monticello. Take exit 194 from I-94 W. Turn left onto Fenning Ave. At the traffic circle,take the 2nd exit and stay on Fenning Ave. At the traffic circle,take the 1st ex
City Monticello
High School District Monticello
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 3826
Additional Parcels Y/N No
Virtual Tour https://www.modsy.com/homejourney/embed/lennar/community/778/modelhome/3579/virtualtour/3591
Standard Status Active
Lender Owned No
Amenities Unit Kitchen Center Island,Primary Bedroom Walk-In Closet,Washer/Dryer Hookup
PostalCity Monticello

Interior Features

Basement Daylight/Lookout Windows,Finished
Basement (Y/N) Yes
Above Grade Finished Area 972
Laundry Features Electric Dryer Hookup
Total Bedrooms 4
Below Grade Finished Area 734
Total Baths 2
Bath Desc Full Basement,Main Floor Full Bath
Dining Room Description Kitchen/Dining Room
Fuel Natural Gas
Garage Square Feet 654

Exterior Features

Fencing None
Parking Features Attached Garage,Asphalt,Garage Door Opener
Water Source City Water/Connected
Lot Size Area 0.22
Building Area Total 1706
Lot Dimensions TBD
Waterfront Y/N No
Foundation Area 972

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

7/29/2026 Listed $409,999

Property vs Zip Code Average in 55362

Price
AVG $490K
$410K
Taxes
AVG $3,124
$3,826
Year Built
AVG 1997
2024
Visits
AVG 112
60
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

5020 87th Street Ne Monticello, MN is a Single Family Home for sale at $409999 with 1706 sqft and a lot size of 0.22 Acres Acre(s). 5020 87th Street Ne Monticello has 4 bedrooms, 2 baths and was built in 2024. The property's zip code is 55362 which is in Monticello, 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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