Lori Gustafson

205 Elmwood Street E

Lanesboro, MN
$ 268,900 Beds 3 Baths 2 Sq 1,533
Monthly Estimate* How much can I afford?

Welcome to this charming and beautifully refreshed 3-bedroom, 2-bathroom home that is truly move-in ready. The property combines classic character with thoughtful modern updates, creating a warm and inviting space from the moment you walk in. The cottage-style kitchen features bright white cabinets that give the room a fresh and welcoming feel, while the updated bathrooms and freshly painted interior add to the home’s appeal. Original wood flooring brings character throughout, with newer flooring added in select areas for a clean and updated look. The lower level offers convenient walk-out access along with laundry, utilities, plenty of storage, and room for outdoor equipment such as bikes, kayaks, and fishing gear. Located only one block from the Root River, this home puts outdoor recreation right at your fingertips, including the paved Root River Trail, trout fishing, kayaking, and other activities throughout the year. Enjoy the peaceful scenery from the enclosed porch, or step outside onto the deck and take in views of the north bluff from the semi-private backyard. The detached carriage house and garage provide additional storage and feature a spacious deck, making it another great spot to enjoy the surrounding views. The location is just as appealing as the home itself. Being only one block from downtown means you can easily walk to local shops, restaurants, the theater, parks, and community events. Whether you are looking for a comfortable year-round home or a relaxing getaway, this property offers the charm, convenience, and outdoor lifestyle that make it feel like a retreat.

Single Family

  • Price
  • $ 268,900
  • City
  • Lanesboro
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • FILLMORE
  • Half Bathrooms
  • 0
  • Area
  • Lanesboro Original
  • Lot Size
  • 0.239991 Acres
  • Zip
  • 55949
  • Sqr Footage
  • 1,533
  • Year Built
  • 1900
  • Taxes
  • $ 2110
  • Style
  • Single Family
  • MLS#
  • 7131827
Listed By: Bluff Country Properties,LLC.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1533
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age Over 8 Years
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer,Water Softener Owned
Garage Spaces 1
Construction Materials Frame
Year Built 1900
Electric Circuit Breakers
Levels Two
Property Subtype Single Family
Tax Year 2026
Waterfront Features River Front
Accessibility None
County Fillmore
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Lanesboro Original
Full Baths 1
Directions From Parkway by Legion take one way street which is Elmwood,home will be on right,watch for sign.
City Lanesboro
High School District Lanesboro
Zoning Description Residential-Single Family
Lot Size Units Square Feet
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2110
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck
PostalCity Lanesboro

Interior Features

Basement Walkout
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 1533
3/4 Baths 1
Laundry Features Lower Level
Total Bedrooms 3
Total Baths 2
Fuel Natural Gas
Garage Dimensions 18x22
Garage Square Feet 396

Exterior Features

Fencing Wood
Parking Features Detached Garage
Water Source City Water/Connected
Lot Size Area 10454
Building Area Total 2374
Lot Dimensions 74x140
Waterfront Y/N Yes
Foundation Area 1042

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

8/22/2026 Listed $268,900

Property vs Zip Code Average in 55949

Price
AVG $460K
$270K
Taxes
AVG $3,109
$2,110
Year Built
AVG 1923
1900
Visits
AVG 16
4
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

205 Elmwood Street E Lanesboro, MN is a Single Family Home for sale at $268900 with 1533 sqft and a lot size of 0.239991 Acres Acre(s). 205 Elmwood Street E Lanesboro has 3 bedrooms, 2 baths and was built in 1900. The property's zip code is 55949 which is in Lanesboro, 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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