Lori Gustafson

4725 Winnetka Avenue N

New Hope, MN
$ 374,000 Beds 5 Baths 2 Sq 2,596 Virtual Tour
Monthly Estimate* How much can I afford?

Charming and versatile, this updated walkout rambler offers the unique opportunity of two separate living units—ideal for multi-generational living, extended family, guests, or generating rental income. The main level features three bedrooms on one level, hardwood floors, abundant natural light, an updated kitchen, fresh paint, and the convenience of main floor laundry. Two inviting living areas provide plenty of room to relax and entertain. The updated walkout lower level includes two bedrooms, a kitchenette, living area, and separate exterior access, offering a comfortable and private setup for a variety of needs. Many of the important and costly updates have already been completed, including plumbing, electrical, and a 200-amp service upgrade in 2022, plus a newer furnace and AC (2020), water heater (2022), and updated flooring in the lower level. The basement also features Rockwool insulation in the ceiling to help reduce sound transfer between units, along with R-15 insulation in the exterior walls for improved energy efficiency and year-round comfort. Outside, enjoy new concrete stairs and sidewalk access to the lower level, a fully fenced in backyard, and a resealed driveway. If you’ve been looking for a home in New Hope that offers flexibility with all the important updates taken care of for you - this one is worth a closer look!

Single Family

  • Price
  • $ 374,000
  • City
  • New Hope
  • Bedrooms
  • 5
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Lynncroft Add
  • Lot Size
  • 0.23 Acres
  • Zip
  • 55428
  • Sqr Footage
  • 2,596
  • Year Built
  • 1962
  • Taxes
  • $ 4363
  • Style
  • Single Family
  • MLS#
  • 7143627
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2596
Sewer City Sewer - In Street
Heating Forced Air
Cooling Central Air
Appliances Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Range,Refrigerator,Washer
Garage Spaces 2
Construction Materials Frame
Year Built 1962
Electric 200+ Amp Service
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility Other
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Lynncroft Add
Full Baths 1
Directions Hwy 169 to 49th Ave N; east on 49th Ave N to Winnetka Ave N; south on Winnetka Ave N to 4725 Winnetka Ave N.
City New Hope
High School District Robbinsdale
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4363
Additional Parcels Y/N No
Virtual Tour https://app.archi-pix.com/videos/01a0918f-a1e6-7262-81a8-6afc110fd41e
Standard Status Active
Lender Owned No
Amenities Unit Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Porch
PostalCity New Hope

Interior Features

Basement Drain Tiled,Egress Window(s),Finished,Full,Kitchenette,Single Tenant Access,Sump Pump,Walkout
Total Fireplaces 1
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1496
3/4 Baths 1
Laundry Features Electric Dryer Hookup,Lower Level,Main Level
Total Bedrooms 5
Below Grade Finished Area 1100
Total Baths 2
Bath Desc Full Basement,Main Floor Full Bath
Dining Room Description Kitchen/Dining Room
Fuel Electric,Natural Gas
Garage Dimensions 20 x 21
Garage Square Feet 420

Exterior Features

Fencing Chain Link,Full
Parking Features Attached Garage,Asphalt
Lot Features Tree Coverage - Medium
Water Source City Water - In Street
Lot Size Area 0.23
Building Area Total 2696
Lot Dimensions 120 x 85
Waterfront Y/N No
Foundation Area 1496

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

9/14/2026 Listed $374,000

Property vs Zip Code Average in 55428

Price
AVG $310K
$370K
Taxes
AVG $4,014
$4,363
Year Built
AVG 1968
1962
Visits
AVG 88
32
Data Provided by Inside Real Estate®

Areas That We Cover

4725 Winnetka Avenue N New Hope, MN is a Single Family Home for sale at $374000 with 2596 sqft and a lot size of 0.23 Acres Acre(s). 4725 Winnetka Avenue N New Hope has 5 bedrooms, 2 baths and was built in 1962. The property's zip code is 55428 which is in New Hope, 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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