Lori Gustafson

1211 Lagoon Avenue # 405

Minneapolis, MN
$ 159,900 Beds 1 Baths 1 Sq 737
Monthly Estimate* How much can I afford?

Experience elevated city living in this bright and inviting 4th-floor condo at Lumen on Lagoon in the heart of Uptown! This well-designed 1-bedroom, 1-bathroom home features an open-concept layout filled with natural light from its desirable south-facing windows. The spacious kitchen flows seamlessly into the living and dining areas, creating an ideal space for everyday living or entertaining. Enjoy the convenience of in-unit laundry and step outside to your own private balcony to relax and take in the city atmosphere. The secure, elevator-equipped building offers heated underground parking, providing year-round comfort and convenience. Located in one of Minneapolis' most walkable neighborhoods, you'll be just steps from popular restaurants, coffee shops, boutiques, grocery stores, entertainment, and public transit. Outdoor enthusiasts will love the close proximity to the Midtown Greenway, Bde Maka Ska, Lake of the Isles, and the entire Chain of Lakes trail system. Whether you're a first-time buyer, downsizing, or looking for a low-maintenance urban retreat, this condo offers the perfect combination of comfort, convenience, and an unbeatable Uptown location. Don't miss this opportunity to enjoy everything city living has to offer!

Single Family

  • Price
  • $ 159,900
  • City
  • Minneapolis
  • Bedrooms
  • 1
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Lumen On Lagoon
  • Lot Size
  • Zip
  • 55408
  • Sqr Footage
  • 737
  • Year Built
  • 2005
  • Taxes
  • $ 3046
  • Style
  • (CC) High Rise (4+ Levels)
  • MLS#
  • 7120003
Listed By: RE/MAX Professionals
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 737
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age Over 8 Years
HOA Fee 393
Garage Spaces 1
Association Fee Includes Building Exterior,Hazard Insurance,Maintenance Grounds,Parking,Professional Mgmt,Sanitation,Security System,Snow Removal
Construction Materials Concrete
Year Built 2005
Electric Circuit Breakers,100 Amp Service
Levels One
Unit Number 405
Property Subtype (CC) High Rise (4+ Levels)
Tax Year 2026
Accessibility Doors 36 +,Accessible Elevator Installed,Hallways 42 +,No Stairs Internal
Assoc Fee Paid Per Monthly
County Hennepin
New Construction No
Property Type Residential
Association Amenities Concrete Floors & Walls,Elevator(s),Fire Sprinkler System,Lobby Entrance,Security Building,Security Lighting
HOA Yes
Contingency None
Subdivision Name Lumen On Lagoon
Full Baths 1
Directions Lake Street to Dupont/Lagoon (go north and stay left it turns into Lagoon Ave going west) one block to Lumen on Lagoon building (1211)
City Minneapolis
Association Name Gassen Companies
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 3046.3
Additional Parcels Y/N No
Standard Status Active
Lender Owned Yes
Amenities Unit Balcony,Deck,Hardwood Floors,Indoor Sprinklers,Main Floor Primary Bedroom,Natural Woodwork,Tile Floors,Washer/Dryer Hookup
PostalCity Minneapolis

Interior Features

Basement None
Basement (Y/N) No
Above Grade Finished Area 737
Laundry Features Laundry Room,In Unit
Total Bedrooms 1
Total Baths 1
Bath Desc Main Floor Full Bath,Walk Thru
Dining Room Description Breakfast Bar,Living/Dining Room
Fuel Natural Gas
Garage Dimensions 19x9
Garage Door Width 7
Garage Square Feet 171

Exterior Features

Parking Features Assigned,Heated Garage,Storage,Underground
Lot Features Public Transit (w/in 6 blks)
Water Source City Water/Connected
Building Area Total 737
Lot Dimensions Common
Waterfront Y/N No
Foundation Area 737
Road Frontage Type City Street,Curbs,Paved Streets,Sidewalks,Street Lights,Storm Sewer
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
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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

8/2/2026 Listed $174,900
9/3/2026 9% - $159,900

Property vs Zip Code Average in 55408

Price
AVG $400K
$160K
Taxes
AVG $10,552
$3,046
Year Built
AVG 1945
2005
Visits
AVG 158
71
Data Provided by Inside Real Estate®

Areas That We Cover

1211 Lagoon Avenue # 405 Minneapolis, MN is a Single Family Home for sale at $159900 with 737 sqft and a lot size of Acre(s). 1211 Lagoon Avenue # 405 Minneapolis has 1 bedrooms, 1 baths and was built in 2005. The property's zip code is 55408 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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