Lori Gustafson

5400 Richmond Lane

Edina, MN
$ 599,900 Beds 3 Baths 1.5 Sq 1,423
Monthly Estimate* How much can I afford?

Completely reimagined and thoughtfully renovated, this Edina home offers modern design, elevated finishes, and an incredible private backyard retreat. From the moment you step inside, you'll appreciate the dramatic transformation, including the professional removal of the center wall and relocation of the staircase to create a bright, open-concept main level designed for both everyday living and entertaining. The beautifully renovated interior features custom cabinetry, high-end finishes, new black Andersen windows throughout, rich oak flooring, and a stunning new gas fireplace that adds warmth and character to the open living space. The kitchen and main living areas have been thoughtfully designed with both style and function in mind. Major updates including a new roof, furnace, A/C, and exterior doors offer the peace of mind of a truly move-in-ready home. Then step outside—and discover what makes this property truly special. The private, fully fenced backyard is an entertainer's dream, centered around a completely renovated underground heated pool with new plumbing, upgraded coping, a new liner, gas heater, and all-new concrete surrounding the pool. Whether you're hosting summer gatherings, enjoying a quiet evening by the pool, or simply relaxing in your own backyard oasis, this outdoor space is unlike anything you'll find in a typical Edina home. The unfinished lower level offers tremendous potential to expand the home's finished living space and build equity over time, with room for two additional bedrooms plus additional living, recreation, or office space. Create the lower level you've always wanted while enjoying the beautifully finished main level today. Ideally located near Highway 100, 50th & France, shopping, dining, parks, and everything Edina has to offer, this home combines a stunning renovation, exceptional outdoor living, and exciting room to grow. Beautifully finished, thoughtfully reimagined, and ready for its next owner to simply move in and enjoy.

Single Family

  • Price
  • $ 599,900
  • City
  • Edina
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 1
  • Area
  • Richmond Hills
  • Lot Size
  • 0.26 Acres
  • Zip
  • 55436
  • Sqr Footage
  • 1,423
  • Year Built
  • 1949
  • Taxes
  • $ 6069
  • Style
  • Single Family
  • MLS#
  • 7149035
Listed By: Real Broker, LLC
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1423
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less
Appliances Dryer,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer
Garage Spaces 2
Pool Features Below Ground,Heated
Construction Materials Block
Year Built 1949
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility Soaking Tub
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Richmond Hills
Full Baths 1
Directions Hwy 100 to Eden Ave to west frontage road,south to Richmond Drive,west to home
City Edina
High School District Edina
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 6069
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Hardwood Floors,Kitchen Center Island,Kitchen Window,Patio,Sun Room,Tile Floors
PostalCity Edina

Interior Features

Basement Block,Egress Window(s),Full,Storage Space,Unfinished
Total Fireplaces 2
Fireplace Features Gas,Living Room,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1423
Half Baths 1
Laundry Features Lower Level,Laundry Room
Total Bedrooms 3
Total Baths 2
Bath Desc 1/2 Basement,Main Floor Full Bath
Dining Room Description Living/Dining Room
Fuel Natural Gas
Garage Square Feet 2

Exterior Features

Fencing Full,Wood
Parking Features Attached Garage,Concrete,Garage Door Opener
Lot Features Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.26
Building Area Total 2846
Lot Dimensions 100x121x112x92
Waterfront Y/N No
Foundation Area 1423
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
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

9/23/2026 Listed $599,900

Property vs Zip Code Average in 55436

Price
AVG $1.48M
$600K
Taxes
AVG $12,081
$6,069
Year Built
AVG 1980
1949
Visits
AVG 176
5
Data Provided by Inside Real Estate®

Areas That We Cover

5400 Richmond Lane Edina, MN is a Single Family Home for sale at $599900 with 1423 sqft and a lot size of 0.26 Acres Acre(s). 5400 Richmond Lane Edina has 3 bedrooms, 1 baths and was built in 1949. The property's zip code is 55436 which is in Edina, 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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