Lori Gustafson

11172 198th Avenue Nw

Elk River, MN
$ 570,000 Beds 4 Baths 2 Sq 2,705 Virtual Tour
Monthly Estimate* How much can I afford?

Welcome to this truly unique home tucked away on nearly 2.5 private acres, where wooded surroundings and a long list of updates create a peaceful retreat with plenty of room to live, relax, and play. Step inside to a dramatic great room featuring soaring vaulted wood ceilings, expansive windows, and a cozy fireplace that gives the home its warm, lodge-inspired character. The updated kitchen features new appliances, while two main-level bedrooms offer flexibility for one-level living. Upstairs, the loft adds versatile space for a home office, reading nook, or additional living area. With 4 bedrooms, 2 updated baths, two fireplaces, and multiple gathering spaces, everyone has room to spread out. Recent improvements include a new furnace and AC, new interior and exterior lighting, a washer and dryer in 2023, and a new septic system in 2023. Car lovers, hobbyists, and anyone craving extra storage will appreciate not one, but two garages: an attached, heated, insulated 2-car garage, plus a separate detached 2-car garage. Outside, the expansive yard and surrounding trees provide the privacy you've been looking for, with plenty of space to enjoy the outdoors. This one-of-a-kind property has so many updates and features to discover. See supplements for the complete list!

Single Family

  • Price
  • $ 570,000
  • City
  • Elk River
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • SHERBURNE
  • Half Bathrooms
  • 0
  • Area
  • Deerfield 2nd Add
  • Lot Size
  • 2.49 Acres
  • Zip
  • 55330
  • Sqr Footage
  • 2,705
  • Year Built
  • 1990
  • Taxes
  • $ 6722
  • Style
  • Single Family
  • MLS#
  • 7144856
Listed By: RE/MAX Results
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2705
Sewer Other
Heating Forced Air
Cooling Central Air
Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer,Water Softener Owned
Garage Spaces 4
Year Built 1990
Levels Two
Property Subtype Single Family
Tax Year 2025
Accessibility None
County Sherburne
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Deerfield 2nd Add
Other Structures Garage(s)
Full Baths 2
Directions 169 to Evans Street,to 197th,turns into 198th. Home on Right
City Elk River
High School District Elk River
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 6722
Additional Parcels Y/N No
Virtual Tour https://show.tours/v/8TcZMNM
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Natural Woodwork,Patio,Vaulted Ceiling(s)
PostalCity Elk River

Interior Features

Basement Block,Finished
Total Fireplaces 2
Fireplace Features Gas,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1997
Laundry Features Lower Level
Total Bedrooms 4
Below Grade Finished Area 708
Total Baths 2
Bath Desc Main Floor Full Bath,Upper Level Full Bath
Dining Room Description Informal Dining Room,Kitchen/Dining Room
Fuel Natural Gas
Garage Dimensions 25'5x25'2 and 29'7x23'7
Garage Square Feet 1337

Exterior Features

Parking Features Attached Garage,Detached Garage,Asphalt,Concrete,Garage Door Opener,Heated Garage,Insulated Garage
Lot Features Tree Coverage - Heavy
Water Source Well
Lot Size Area 2.49
Building Area Total 3264
Lot Dimensions 208x410x273x407
Waterfront Y/N No
Foundation Area 1156

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

9/18/2026 Listed $570,000

Property vs Zip Code Average in 55330

Price
AVG $520K
$570K
Taxes
AVG $4,074
$6,722
Year Built
AVG 2011
1990
Visits
AVG 80
4
Data Provided by Inside Real Estate®

Areas That We Cover

11172 198th Avenue Nw Elk River, MN is a Single Family Home for sale at $570000 with 2705 sqft and a lot size of 2.49 Acres Acre(s). 11172 198th Avenue Nw Elk River has 4 bedrooms, 2 baths and was built in 1990. The property's zip code is 55330 which is in Elk River, 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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