Lori Gustafson

111 Loraine Drive

Lake Crystal, MN
$ 399,900 Beds 5 Baths 3.5 Sq 2,880
Monthly Estimate* How much can I afford?

Rare 5-Bedroom Rambler with 4 Baths, Mother-in-Law Suite & 4-Stall Tandem Garage! Space, flexibility, and major updates come together in this impressive 5-bedroom, 4-bath rambler offering approximately 2,880 square feet of finished living space! A standout feature is the attached four-stall tandem garage, offering an abundance of room for vehicles, storage, hobbies, workshop space, or recreational equipment. The home’s flexible floor plan provides generous living space throughout, while the finished basement features a mother-in-law suite with additional living accommodations and privacy. With five bedrooms and four bathrooms, there is plenty of room to accommodate a variety of living arrangements and needs. Outside, enjoy the fresh look and added peace of mind of a new roof and new siding. These updates give the home an attractive, refreshed exterior while adding value for years to come. From the expansive garage to the versatile basement suite and generous overall living space, this property offers features that are hard to find all in one home. Come take a look and discover the possibilities!

Single Family

  • Price
  • $ 399,900
  • City
  • Lake Crystal
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • BLUE EARTH
  • Half Bathrooms
  • 1
  • Area
  • Lilly Lake Estates
  • Lot Size
  • 0.4 Acres
  • Zip
  • 56055
  • Sqr Footage
  • 2,880
  • Year Built
  • 2000
  • Taxes
  • $ 5332
  • Style
  • Single Family
  • MLS#
  • 7146491
Listed By: American Way Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2880
Sewer City Sewer - In Street
Heating Forced Air
Cooling Central Air
Garage Spaces 4
Year Built 2000
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Blue Earth
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Lilly Lake Estates
Full Baths 2
Directions Hwy 62 to Lake Crystal then take exit to CR-6 turn right at the stop sign and then turn right into Lilly Lake Estates.
City Lake Crystal
High School District Lake Crystal-Wellcome Memorial
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 5332
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Lake Crystal

Interior Features

Basement Full
Total Fireplaces 1
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1680
Half Baths 1
3/4 Baths 1
Total Bedrooms 5
Below Grade Finished Area 1200
Total Baths 4
Fuel Electric,Natural Gas
Garage Square Feet 1064

Exterior Features

Parking Features Attached Garage,Tandem Garage
Water Source City Water - In Street
Lot Size Area 0.4
Building Area Total 2880
Lot Dimensions 104 x 155
Waterfront Y/N No
Foundation Area 1680

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

9/18/2026 Listed $399,900

Property vs Zip Code Average in 56055

Price
AVG $420K
$400K
Taxes
AVG $3,140
$5,332
Year Built
AVG 1966
2000
Visits
AVG 52
3
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

111 Loraine Drive Lake Crystal, MN is a Single Family Home for sale at $399900 with 2880 sqft and a lot size of 0.4 Acres Acre(s). 111 Loraine Drive Lake Crystal has 5 bedrooms, 3 baths and was built in 2000. The property's zip code is 56055 which is in Lake Crystal, 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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