Lori Gustafson

1555 48th Avenue

Winona, MN
$ 475,000 Beds 5 Baths 3.5 Sq 3,991 Virtual Tour
Monthly Estimate* How much can I afford?

Warrantied home! Welcome to this spacious and beautifully updated 5-bedroom, 4-bathroom home offering over 4,000 square feet of thoughtfully designed living space on a desirable quarter-acre lot in WE Valley. Perfect for both everyday living and entertaining, this impressive home features two extra-large family rooms in addition to a formal living room, providing plenty of space for gatherings, relaxation, or recreation. Enjoy the convenience of two dining areas, three cozy gas fireplaces, and two laundry rooms. The expansive lower level boasts a large bar area with ample room for a pool table, game room, or additional dining space, making it an ideal entertainment hub. An oversized garage offers generous storage and parking, while the freshly painted interior and numerous recent updates give the home a fresh, move-in-ready feel. With its exceptional space, versatile layout, and desirable location, this WE Valley home is ready to welcome its next owners. Seller to provide 1 year home warranty with purchase.

Single Family

  • Price
  • $ 475,000
  • City
  • Winona
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • WINONA
  • Half Bathrooms
  • 1
  • Area
  • We Valley Estates Subd-2b
  • Lot Size
  • 0.25 Acres
  • Zip
  • 55987
  • Sqr Footage
  • 3,991
  • Year Built
  • 1993
  • Taxes
  • $ 4664
  • Style
  • Single Family
  • MLS#
  • 7113201
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 3991
Sewer City Sewer/Connected
Heating Forced Air,Fireplace(s)
Cooling Central Air
Roof Asphalt
Appliances Chandelier,Dishwasher,Dryer,ENERGY STAR Qualified Appliances,Exhaust Fan,Gas Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer,Water Softener Owned,Wine Cooler
Garage Spaces 2
Construction Materials Frame
Year Built 1993
Electric Circuit Breakers,200+ Amp Service
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Winona
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name We Valley Estates Subd-2b
Full Baths 2
Directions From Goodview Road,Turn into We Valley on 48th Ave. The home will be located on the right.
City Winona
High School District Winona Area Public Schools
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4664
Additional Parcels Y/N No
Virtual Tour https://wellcomemat.com/embed/54sn47bc76561mp0v?mls=1
Standard Status Active
Lender Owned No
Amenities Unit Cable,Ceiling Fan(s),Deck,French Doors,Hardwood Floors,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Paneled Doors,Skylight,Tile Floors,Vaulted Ceiling(s),Washer/Dryer Hookup,Wet Bar
PostalCity Winona

Interior Features

Basement Daylight/Lookout Windows,Egress Window(s),Finished,Full,Sump Basket,Sump Pump
Total Fireplaces 3
Fireplace Features Brick,Circulating,Family Room,Gas,Living Room,Stone
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2741
Half Baths 1
3/4 Baths 1
Laundry Features In Basement,Laundry Room,Main Level
Total Bedrooms 5
Below Grade Finished Area 1250
Total Baths 4
Bath Desc 3/4 Basement,Full Primary,Private Primary,Main Floor 1/2 Bath,Upper Level Full Bath,Jetted Tub
Dining Room Description Kitchen/Dining Room,Separate/Formal Dining Room
Fuel Natural Gas
Garage Square Feet 560

Exterior Features

Fencing Chain Link,Full,Wood
Parking Features Attached Garage
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.25
Building Area Total 4092
Lot Dimensions 85x130
Waterfront Y/N No
Foundation Area 1351
Road Frontage Type City Street
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
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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

7/21/2026 Listed $495,000
8/24/2026 5% - $475,000

Property vs Zip Code Average in 55987

Price
AVG $420K
$480K
Taxes
AVG $3,561
$4,664
Year Built
AVG 1948
1993
Visits
AVG 87
24
Data Provided by Inside Real Estate®

Areas That We Cover

1555 48th Avenue Winona, MN is a Single Family Home for sale at $475000 with 3991 sqft and a lot size of 0.25 Acres Acre(s). 1555 48th Avenue Winona has 5 bedrooms, 3 baths and was built in 1993. The property's zip code is 55987 which is in Winona, 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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