Lori Gustafson

12314 62nd Street Ne

Otsego, MN
$ 549,900 Beds 5 Baths 3 Sq 3,003
Monthly Estimate* How much can I afford?

Welcome to this beautifully designed Jordan floor plan in the desirable Magnolia Landing community of Otsego. Featuring 5 bedrooms, 3 bathrooms, and an open-concept layout, this home offers the perfect blend of style and functionality. The gourmet kitchen showcases quartz countertops, stone gray cabinetry, stainless steel appliances, double wall ovens, a gas cooktop, and an oversized walk-in pantry, creating an ideal space for both everyday living and entertaining. A main-level bedroom and 3/4 bath provide flexibility for guests or a home office, while the upper level offers a spacious loft, convenient laundry room, and generously sized bedrooms with walk-in closets. The oversized primary suite serves as a private retreat with dual walk-in closets and an ensuite bath. Conveniently located near shopping, dining, parks, and I-94, this home delivers comfort, convenience, and modern living at its finest.

Single Family

  • Price
  • $ 549,900
  • City
  • Otsego
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • WRIGHT
  • Half Bathrooms
  • 0
  • Area
  • Magnolia Lndg 2nd Add
  • Lot Size
  • 0.248186 Acres
  • Zip
  • 55301
  • Sqr Footage
  • 3,003
  • Year Built
  • 2021
  • Taxes
  • $ 5590
  • Style
  • Single Family
  • MLS#
  • 7130634
Listed By: Keller Williams Realty Integrity Lakes
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 3003
Sewer City Sewer/Connected
Heating Forced Air,Fireplace(s)
Cooling Central Air
Roof Age 8 Years or Less,Asphalt,Pitched
Appliances Air-To-Air Exchanger,Cooktop,Dishwasher,Disposal,Electric Water Heater,Exhaust Fan,Humidifier,Microwave,Wall Oven
HOA Fee 150
Garage Spaces 3
Association Fee Includes Other,Professional Mgmt,Sanitation
Year Built 2021
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility None
Assoc Fee Paid Per Quarterly
County Wright
New Construction No
Property Type Residential
HOA Yes
Contingency None
Subdivision Name Magnolia Lndg 2nd Add
Full Baths 2
Directions West on I-94 to Exit 202. East on 60th St NE/County Road 137 NE for approximately 1/2 mile. Magnolia Landing is on the left
City Otsego
Association Name Magnolia Landing
High School District Elk River
Zoning Description Residential-Single Family
Lot Size Units Square Feet
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 5590
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ethernet Wired,Kitchen Center Island,Kitchen Window,In-Ground Sprinkler,Washer/Dryer Hookup,Walk-In Closet
PostalCity Otsego

Interior Features

Basement Drain Tiled,Drainage System,Egress Window(s),Full,Sump Basket
Total Fireplaces 1
Fireplace Features Family Room,Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 3003
3/4 Baths 1
Total Bedrooms 5
Total Baths 3
Bath Desc Basement,Full Primary,Private Primary,Main Floor 3/4 Bath,Rough In,Upper Level Full Bath
Dining Room Description Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room,Separate/Formal Dining Room
Fuel Natural Gas
Garage Square Feet 715

Exterior Features

Parking Features Attached Garage,Asphalt,Garage Door Opener
Lot Features Sod Included in Price,Underground Utilities
Water Source City Water/Connected
Lot Size Area 10811
Building Area Total 4203
Lot Dimensions 68x160x68x157
Waterfront Y/N No
Foundation Area 1423
Road Frontage Type City Street,Curbs,Paved Streets
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

8/20/2026 Listed $549,900

Property vs Zip Code Average in 55301

Price
AVG $450K
$550K
Taxes
AVG $4,040
$5,590
Year Built
AVG 2014
2021
Visits
AVG 82
60
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

12314 62nd Street Ne Otsego, MN is a Single Family Home for sale at $549900 with 3003 sqft and a lot size of 0.248186 Acres Acre(s). 12314 62nd Street Ne Otsego has 5 bedrooms, 3 baths and was built in 2021. The property's zip code is 55301 which is in Otsego, 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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