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  • $630,000

    27850 Iberia Ave, Lakeville, MN 55044

    3beds
    1,952sqft
    Single Family
    Built in 2012
    2.5 Acres Lot
    $630,200 Zestimate®
    $323/sqft
    $2,784 Estimated rent

    Home value

    $630,200

    $592,000 - $668,000

    $2,784/mo

    Zestimate® history
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    What's special

    Perched on a scenic, tree-covered 2.5-acre setting within the highly regarded Lakeville School District, this rebuilt three-bedroom, three-bath 1917 farmhouse combines old-world character with the practicality and comfort of modern construction. Offering approximately 1,952 finished square feet, the home was rebuilt from the foundation up in 2012 while intentionally preserving the timeless look and feel of a traditional farmhouse, giving the home the charm of a historic property with functionality and livability more consistent with a much newer home. Great natural light and large windows throughout the home bring in expansive views of the surrounding countryside from the elevated homesite, while mature trees provide privacy, shade, and natural beauty throughout the property. Classic woodwork and warm modern updates create a comfortable balance between farmhouse character and modern living. A welcoming formal front entry opens to spacious main-level living areas designed for easy country living and entertaining. The kitchen features granite countertops, oversized center island, double ovens, pot filler, abundant cabinetry, and direct access to the screened three-season porch. Large formal and informal dining spaces provide flexibility for both everyday living and larger gatherings. Hand-scraped wood flooring runs throughout the main level, while new carpet updates the upper level. The spacious primary suite is wrapped in windows on three sides, creating an elevated, treehouse-like feel with expansive views of the surrounding landscape, along with private en-suite bath and walk-in closet. Two additional bedrooms share an oversized full bath, while generous closet space and ample bathrooms throughout provide functionality rarely found in homes with this level of character. Outdoor spaces include a large covered front porch, screened three-season porch, and rear grilling deck. The attached garage opens directly into the oversized laundry, mudroom, and pantry area — eliminating the need to go outside when unloading groceries or daily essentials. A separate insulated rear family entry creates a practical double-entry transition space with room for shoes and coats plus direct access to the back deck and detached insulated workshop/garage. The fully insulated 24x38 detached workshop/garage offers excellent flexibility for hobbies, storage, vehicles, workshop space, or future expansion, with room for two or more vehicles. A wraparound paved driveway and additional paved parking area adjacent to the workshop provide excellent space for guests, trailers, recreational vehicles, or outdoor equipment. Township guidelines allow up to approximately 5,000 square feet of total accessory buildings on the property, offering additional future flexibility. Whole-house filtered water, reverse osmosis drinking water system, water softener, fiber optic internet, and natural gas make the property well suited for today’s efficiency and work-from-home flexibility. Located just off County Road 86, the property offers the privacy and atmosphere of country living with minimal gravel roads and convenient access to both Northfield and Lakeville amenities. A rare opportunity for those seeking tree-covered acreage, farmhouse character, and modern amenities without taking on the typical headaches of a 100-year-old home. See Virtual Tour for floor plan and additional photos.

    Zillow last checked:

    Listing updated:

    Listed by:

    Darren L Spencer 612-743-7384,

    Lakes Sotheby's International

    Bought with:

    National Realty Guild

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7053756MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Bedroom 2
    • Level: Upper
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Bedroom 3
    • Level: Upper
    • Area: 132 Square Feet
    • Dimensions: 12x11
    Dining room
    • Level: Main
    • Area: 126 Square Feet
    • Dimensions: 14x09
    Family room
    • Level: Main
    • Area: 312 Square Feet
    • Dimensions: 24x13
    Kitchen
    • Level: Main
    • Area: 210 Square Feet
    • Dimensions: 15x14
    Laundry
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 18x08
    Porch
    • Level: Main
    • Area: 320 Square Feet
    • Dimensions: 40x08
    Screened porch
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Heating
    • Forced Air, In-Floor Heating
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Double Oven, Dryer, Electric Water Heater, Exhaust Fan, Water Osmosis System, Microwave, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned
    • Laundry: Laundry Room, Main Level, Sink
    Features
    • Basement: Full,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 1,952
    • Total interior livable area: 1,952 sqft
    • Finished area above ground: 1,952
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Detached Garage, Gravel, Asphalt, Garage Door Opener, Insulated Garage
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (24 x 38)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck, Front Porch, Rear Porch, Screened
    • Pool features: None
    Lot
    • Size: 2.5 Acres
    • Features: Tree Coverage - Medium
    Details
    • Additional structures: Garage(s), Other
    • Foundation area: 1071
    • Parcel number: 130320078012
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Frame, Stone
    • Roof: Age Over 8 Years,Age 8 Years or Less,Architectural Shingle,Flat
    Condition
    • New construction: No
    • Year built: 2012

    Utilities & green energy

    • Electric: Power Company: Dakota Electric Association
    • Gas: Natural Gas
    • Sewer: Mound Septic, Private Sewer
    • Water: Drilled, Well

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Lakeville

    Financial & listing details

    • Price per square foot: $323/sqft
    • Tax assessed value: $454,400
    • Annual tax amount: $4,278
    • Date on market: 5/24/2026
    • Cumulative days on market: 12 days
    • Road surface type: Unimproved

    Price history

    DateEventPrice
    7/17/2026Sold$630,000+5.7%$323/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7053756 Report a problem
    6/10/2026Pending sale$595,875$305/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7053756 Report a problem
    5/29/2026Listed for sale$595,875+72.7%$305/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7053756 Report a problem
    6/2/2014Sold$345,000+213.6%$177/sqft
    Source: Lake Superior Area Realtors as distributed by MLS GRID #2149108 Report a problem
    9/8/2011Listing removed$110,000$56/sqft
    Source: Visual Tour #4029128 Report a problem
    7/7/2011Price change$110,000-42.1%$56/sqft
    Source: Visual Tour #4029128 Report a problem
    5/8/2011Listed for sale$189,900$97/sqft
    Source: ERA-Gillespie Real Estate, Inc. #4029128 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,278 +0.7%$454,400 +1.2%
    2023$4,248 +1.6%$449,200 +1.2%
    2022$4,180 +17.9%$443,700 +27%
    2021$3,544 -0.6%$349,300 +4%
    2020$3,564 +4.1%$335,867 +8.4%
    2019$3,422 $309,900 -0.4%
    2018$3,422 +11.1%$311,300 +10.9%
    2017$3,081 +9.3%$280,600 +7.7%
    2016$2,818 +8.3%$260,500 +1.3%
    2015$2,602 -8.2%$257,278 +2.4%
    2014$2,836 +7.2%$251,283 +3.5%
    2013$2,645 +23.3%$242,781
    2012$2,146 -8.8%--
    2011$2,353 --
    Find assessor info on the county website

    Neighborhood: 55044

    Nearby schools

    GreatSchools rating
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