Lori Gustafson

1001 Terrace Avenue

Brainerd, MN
$ 289,900 Beds 4 Baths 2 Sq 2,873 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to 1001 Terrace Ave! Discover the space, character, and versatility this North Brainerd home has to offer. With 4 bedrooms, 2 bathrooms, and over 2800 finished square feet, there is room for everyone to spread out and make themselves at home. The main level welcomes you with abundant natural light, a spacious living room featuring a bay window and built-in shelving, and a beautifully updated kitchen with stainless steel appliances, open shelving, and a tile backsplash. A main-level den provides the perfect flex space for a home office, playroom, or additional living area. Upstairs, you'll find three generously sized bedrooms, while the finished lower level adds even more living space with a large family room, built-in bar, laundry area, and plenty of storage. Outside, enjoy the privacy of the 0.37-acre lot, complete with a fenced backyard, deck, and wooded bluff backdrop. Located in Historic North Brainerd with convenient access to schools, parks, and area amenities, this spacious and updated home offers the combination of functionality, comfort, and privacy you've been looking for. Come see all that 1001 Terrace Ave has to offer!

Single Family

  • Price
  • $ 289,900
  • City
  • Brainerd
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • CROW WING
  • Half Bathrooms
  • 0
  • Area
  • Terrace Park Add The City Of Brainerd
  • Lot Size
  • 0.37 Acres
  • Zip
  • 56401
  • Sqr Footage
  • 2,873
  • Year Built
  • 1948
  • Taxes
  • $ 2403
  • Style
  • Single Family
  • MLS#
  • 7129449
Listed By: Positive Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2873
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer
Year Built 1948
Levels Modified Two Story
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Crow Wing
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Terrace Park Add The City Of Brainerd
Full Baths 1
Directions From Washington St-North on N 8th St to Right on Bluff Ave to property on Left. Bluff Ave turns into Terrace Ave at intersection of Bluff Ave & N 10th St.
City Brainerd
High School District Brainerd
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2403
Additional Parcels Y/N No
Virtual Tour https://unbranded.visithome.ai/ec7wFJ9jjzduRArEk66tnV?mu=m
Standard Status Active
Lender Owned No
PostalCity Brainerd

Interior Features

Basement Finished,Full
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1983
3/4 Baths 1
Total Bedrooms 4
Below Grade Finished Area 890
Total Baths 2
Bath Desc Main Floor 3/4 Bath,Upper Level Full Bath
Dining Room Description Informal Dining Room
Fuel Natural Gas

Exterior Features

Fencing Chain Link
Parking Features Asphalt,Concrete
Water Source City Water/Connected
Lot Size Area 0.37
Building Area Total 3123
Lot Dimensions 93x187x110x149
Waterfront Y/N No
Foundation Area 1061
Road Frontage Type City Street

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

8/19/2026 Listed $299,900
9/16/2026 2% - $294,900
9/25/2026 2% - $289,900

Property vs Zip Code Average in 56401

Price
AVG $570K
$290K
Taxes
AVG $2,714
$2,403
Year Built
AVG 1992
1948
Visits
AVG 130
24
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

1001 Terrace Avenue Brainerd, MN is a Single Family Home for sale at $289900 with 2873 sqft and a lot size of 0.37 Acres Acre(s). 1001 Terrace Avenue Brainerd has 4 bedrooms, 2 baths and was built in 1948. The property's zip code is 56401 which is in Brainerd, 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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