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29923 Lakeview Ave, Red Wing, MN, 55066

5beds
2baths
3,974sqft
$795,000
$200price/sqft
$5,554/moest. monthly cost
$222,160/yrincome needed

About This Home

Welcome to 29923 Lakeview Avenue! This well maintained home offers 5+bedrooms and 2 full baths, set on 2 acres with sweeping views of the Mississippi River and Wisconsin bluffs. The property features a functional layout with room to grow, work, or host guests. A magnificent stone fireplace anchors the living room, adding warmth, charm, and a natural focal point to the main living space. Numerous updates throughout provide modern convenience while preserving the home's character. The outdoor space offers both privacy and open views- ideal for enjoying the breathtaking scenery or expanding outdoor living. Come and view this one of a kind property. Welcome to your dream home!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
19
BikeSomewhat Bikeable

Schools

--
7/10
5/10
Twin Bluff Middle SchoolGrades 5-75.5 mi

Construction

Condition

  • Year built: 1894

Materials

  • Roof: Age 8 Years or Less,Pitched
  • Construction materials: Concrete,Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Chandelier,Dishwasher,Dryer,Gas Water Heater,Water Osmosis System,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer,Water Softener Owned
  • Laundry features: Laundry Closet,Main Level,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Block,Daylight,Egress Window(s),Full,Concrete,Storage Space,Sump Pump,Unfinished

Bedroom

  • Level: Main
  • Area: 149.4
  • Dimensions: 16.6x9

Bedroom2

  • Level: Main
  • Area: 108
  • Dimensions: 12x9

Bedroom3

  • Level: Main
  • Area: 56
  • Dimensions: 8x7

Bedroom4

  • Level: Upper
  • Area: 247
  • Dimensions: 19x13

Bedroom5

  • Level: Upper
  • Area: 144
  • Dimensions: 12x12

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: Main
  • Area: 195
  • Dimensions: 13x15

Features

  • Number of fireplaces: 1
  • Fireplace features: Masonry,Living Room,Stone,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,402

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s),In-Floor Heating
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,974
  • Total interior livable area: 3,974 sqft

Kitchen

  • Level: Main
  • Area: 99
  • Dimensions: 11x9

Living Room

  • Level: Main
  • Area: 375
  • Dimensions: 25x15

Other

  • Level: Main

Porch

  • Level: Main
  • Area: 190
  • Dimensions: 19x10

Sitting Room

  • Level: Main
  • Area: 108
  • Dimensions: 9x12

Property

Accessibility

  • Accessibility features: Soaking Tub

Details

  • Parcel number: 431360100
  • Zoning description: Residential-Single Family
  • Foundation area: 1572

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Composite Decking,Deck
  • Has view: Yes
  • View description: Panoramic,River,Lake
  • Has water view: Yes
  • Water view: River,Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Lake View,River Front,River View

Lot

  • Lot size: 2 Acres
  • Features: Accessible Shoreline,Tree Coverage - Heavy
  • Lot size dimensions: Irregular

Parking

  • Total spaces: 2
  • Parking features: Attached,Gravel,Electric,RV Access/Parking,Storage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Hail
    HailRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Hail
Inland Flooding
Tornado
Winter Weather
Cold Wave
Drought
Landslide
Lightning

FEMA Declared Disasters in Goodhue County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,019$48,228
Home Insurance *$637$7,644
Property Taxes $563$6,756
Electricity $335$4,022
Total$5,554$66,648
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$190,422/yr
40% on housing$166,620/yr
45% on housing$148,106/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$200This listing

vs Other Active Listings

Avg $/sqft

ZIP 55066$132
Goodhue County$155

vs Homes Sold Last Month

Median $/sqft

ZIP 55066$136
Goodhue County$130

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-04Price change$845,000
2025-10-04Price change$895,000
2025-09-13Listed for sale$955,000
2017-08-25Sold$225,000
2017-07-17Price change$249,900
2016-11-22Listed for sale$299,900
2016-10-07Listing removed$425,000
2016-09-30Price change$425,000
2016-09-29Price change$385,000
2016-09-14Price change$425,000
2016-09-11Price change$385,000
2016-09-07Price change$425,000
2016-08-25Price change$385,000
2016-08-23Price change$425,000
2016-08-15Price change$399,000
2016-08-08Listed for sale$425,000
2013-04-13Listing removed$1,495
2013-02-03Price change$1,495
2013-01-19Price change$1,550
2012-12-20Listed for rent$1,600
2012-10-25Listing removed$479,850
2012-07-24Listed for sale$479,850

For Sale by Agent

AgentNancy Denzer
BrokerageLakeshore Real Estate Krage &

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