Lori Gustafson

1955 Drew Avenue S

Minneapolis, MN
$ 1,650,000 Beds 3 Baths 4 Sq 3,642
Monthly Estimate* How much can I afford?

Modern Luxury with Peek-a-Boo Cedar Lake Views. Rare opportunity to own a custom-built 2023 modern home in Minneapolis' highly sought-after Cedar Lake neighborhood. Offering 3,642 finished square feet, this exceptional residence features three en-suite bedrooms, five baths, and thoughtfully designed living spaces that blend sophisticated style with everyday comfort. At the heart of the home is a stunning chef's and baker's kitchen, complete with premium ZLINE appliances, custom cabinetry, and generous workspace designed for entertaining, gathering, and daily living. Expansive windows fill the home with natural light, showcasing clean architectural lines and high-end finishes throughout. Step outside to the beautifully designed tiered deck, perfect for outdoor dining, relaxing, or enjoying the surrounding natural beauty. Framed by mature trees, the property offers peek-a-boo views of Cedar Lake, vibrant fall colors, and a charming treehouse-like setting during the summer months. All three bedrooms are conveniently located on one level and feature private en-suite baths, providing comfort and flexibility for family, guests, or work-from-home living. From the second level, access the spacious rooftop area, ready to be transformed into an incredible patio retreat with potential for even greater enjoyment of the surrounding scenery. The finished lower level offers additional living space ideal for a family room, home office, fitness area, or storage. Just steps from Cedar Lake and connected to Minneapolis' premier walking and biking trails, this home delivers the perfect balance of modern luxury, outdoor recreation, and urban convenience in one of the city's most desirable neighborhoods.

Single Family

  • Price
  • $ 1,650,000
  • City
  • Minneapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 3
  • County
  • HENNEPIN
  • Half Bathrooms
  • 2
  • Area
  • Mcnair Park
  • Lot Size
  • 0.18 Acres
  • Zip
  • 55416
  • Sqr Footage
  • 3,642
  • Year Built
  • 2023
  • Taxes
  • $ 15949
  • Style
  • Single Family
  • MLS#
  • 7140200
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 3642
Sewer City Sewer - In Street
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Rubber
Appliances Air-To-Air Exchanger,Dishwasher,Double Oven,Dryer,Exhaust Fan,Water Filtration System,Range,Refrigerator,Stainless Steel Appliances,Wall Oven,Washer
Garage Spaces 2
Pool Features None
Year Built 2023
Levels Two
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake View
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Mcnair Park
Other Structures Kennel/Dog Run,Storage Shed
Full Baths 1
Directions From 394: Exit Penn Ave,Head South towards Wayzata Blvd,South on Cedar Lake Parkway,Right on W Franklin Ave,Right on Drew Ave. Property is set back on the lot.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 15949.5
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Deck,Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Porch,Walk-In Closet
PostalCity Minneapolis

Interior Features

Basement Finished
Total Fireplaces 1
Fireplace Features Gas,Living Room
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2697
Half Baths 2
3/4 Baths 2
Laundry Features In Basement,Laundry Room,Sink
Total Bedrooms 3
Below Grade Finished Area 945
Total Baths 5
Bath Desc 1/2 Basement,3/4 Primary,Double Sink,Bathroom Ensuite,Main Floor 1/2 Bath,Upper Level 3/4 Bath,Upper Level Full Bath
Dining Room Description Eat In Kitchen,Living/Dining Room
Fuel Natural Gas
Garage Square Feet 418

Exterior Features

Fencing None
Parking Features Attached Garage,Tuckunder Garage
Lot Features Public Transit (w/in 6 blks),Irregular Lot,Tree Coverage - Medium
Water Source City Water - In Street
Lot Size Area 0.18
Building Area Total 3642
Lot Dimensions 49x158x57x167
Waterfront Y/N No
Foundation Area 945
Road Frontage Type City Street
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
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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

9/8/2026 Listed $1,650,000

Property vs Zip Code Average in 55416

Price
AVG $480K
$1.65M
Taxes
AVG $7,669
$15,949
Year Built
AVG 1967
2023
Visits
AVG 129
23
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

1955 Drew Avenue S Minneapolis, MN is a Single Family Home for sale at $1650000 with 3642 sqft and a lot size of 0.18 Acres Acre(s). 1955 Drew Avenue S Minneapolis has 3 bedrooms, 3 baths and was built in 2023. 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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