Lori Gustafson

2928 Dean Parkway # 4b

Minneapolis, MN
$ 159,900 Beds 1 Baths 1 Sq 700 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to the active lakes lifestyle at The Ambassador, a classic and intimate one bedroom condo with expansive views of Dean Parkway, the Beach Club, and Bde Maka Ska; immediate access to walking and bike paths; three area lakes each within blocks; and cafes, restaurants, groceries, and shops just out the front door and around the corner! Sun-drenched and newly painted living area boasts hardwood floors (refinished in 2020), a bright and airy feel, flexibility in layout due to its size, and sliding glass doors out to a spacious balcony with commanding treetop views. Bask in the sunshine, enjoy morning coffee, or while away the evenings with a glass of wine from this awesome private balcony. The large entry area flows nicely to a built-in coffee bar cabinet with floating shelves and on to the kitchen, featuring newer stainless steel appliances, plenty of cabinet space, and parquet floors. Down the corridor is the spacious bedroom with hardwood floors, a ceiling fan light fixture, a generous mirror-door closet, and dual-pane casement windows with more impressive views of the parkway. Rounding out this impressive unit is an updated full bathroom with black honeycomb floor tile, white subway tile shower surround, recessed lighting, and a sleek vanity and mirror. Tall rosewood paneled doors throughout the unit lend timeless modern appeal. Well-maintained building with a classic 1960's facade, an updated lobby to greet your guests, off-street guest parking, a clean and well-lit main floor laundry room just off the lobby, and a dedicated parking stall inside the heated garage offer terrific convenience. This fine residence at The Ambassador is a fantastic opportunity to own a stylish condo in one of Minneapolis’ most vibrant neighborhoods just blocks from million dollar+ homes, but at an extremely affordable price!

Single Family

  • Price
  • $ 159,900
  • City
  • Minneapolis
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Cic 0084 Calhoun Ambassador
  • Lot Size
  • 0.464 Acres
  • Zip
  • 55416
  • Sqr Footage
  • 700
  • Year Built
  • 1960
  • Taxes
  • $ 2781
  • Style
  • (CC) High Rise (4+ Levels)
  • MLS#
  • 7114960
Listed By: Korman Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 700
Sewer City Sewer/Connected
Heating Baseboard
Cooling Wall Unit(s)
Appliances Dishwasher,Microwave,Range,Refrigerator
HOA Fee 493
Garage Spaces 1
Association Fee Includes Building Exterior,Controlled Access,Hazard Insurance,Heating,Lawn Care,Maintenance Grounds,Parking,Professional Mgmt,Sanitation,Shared Amenities,Water
Year Built 1960
Levels More Than 2 Stories
Unit Number 4B
Property Subtype (CC) High Rise (4+ Levels)
Tax Year 2026
Accessibility None
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Laundry,Elevator(s),Lobby Entrance,Patio,Security Building
HOA Yes
Contingency None
Subdivision Name Cic 0084 Calhoun Ambassador
Full Baths 1
Directions Lake St. to Dean Parkway,North to The Ambassador on west side of Dean Parkway.
City Minneapolis
Association Name Gassen
High School District Minneapolis
Zoning Description Residential-Multi-Family
Lot Size Units Acres
Property Attached Y/N Yes
Land Lease Y/N No
Tax Annual Amount 2781
Additional Parcels Y/N No
Virtual Tour https://my.matterport.com/show/?m=DN1Rwdu2Sgo&mls=1
Standard Status Active
Lender Owned No
Amenities Unit Balcony,City View,Hardwood Floors,Panoramic View,Tile Floors
PostalCity Minneapolis

Interior Features

Basement None
Basement (Y/N) No
Fireplace Y/N No
Above Grade Finished Area 700
Laundry Features Common Area,Main Level
Total Bedrooms 1
Total Baths 1
Bath Desc Main Floor Full Bath
Dining Room Description Living/Dining Room
Fuel Electric

Exterior Features

Parking Features Garage Door Opener,Heated Garage,Underground
Water Source City Water/Connected
Lot Size Area 0.464
Building Area Total 700
Lot Dimensions common
Waterfront Y/N No
Foundation Area 700

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

7/28/2026 Listed $175,000
8/18/2026 3% - $170,000
8/31/2026 3% - $164,900
9/14/2026 4% - $159,900

Property vs Zip Code Average in 55416

Price
AVG $480K
$160K
Taxes
AVG $7,669
$2,781
Year Built
AVG 1967
1960
Visits
AVG 129
53
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

2928 Dean Parkway # 4b Minneapolis, MN is a Single Family Home for sale at $159900 with 700 sqft and a lot size of 0.464 Acres Acre(s). 2928 Dean Parkway # 4b Minneapolis has 1 bedrooms, 1 baths and was built in 1960. The property's zip code is 55416 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

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