




71258 285th Ave, Lake City, MN, 55041
About This Home
Set high above the Mississippi River Valley with commanding views of Lake Pepin, this exceptional 47.86+/- acre property offers privacy, space, and a combination of features that are increasingly difficult to find. Located just outside of Lake City, the property provides a peaceful country setting with the convenience of town, marinas, golf, dining, and recreation just a short drive away with the potential for additional building sites. Built in 1993, the spacious home offers over 4,200 finished square feet with 5 bedrooms and 4.5 bathrooms across three levels. Large windows take full advantage of the surrounding scenery, while custom oak trim throughout adds warmth and character. Andersen windows, cedar siding, generous room sizes, and a thoughtful floor plan provide the next owner with a substantial home in an outstanding location. The heated attached garage adds everyday comfort and convenience year-round. Outside, the amenities continue with a 20x40 in-ground heated swimming pool featuring an 8-foot deep end, diving board, slide, ladder, and expansive concrete surround with decorative fencing. Just steps away is a versatile two-story outbuilding offering excellent utility and entertaining potential. The building includes two overhead doors, three service doors, bathroom, indoor and outdoor showers, water heater, washer/dryer hookups, 100-amp service, separate septic system, and camper hookups with 30-amp power. A large patio overlooking the pool creates an ideal gathering space for summer entertaining or relaxing after a day outdoors. The land is equally impressive. Rolling timber, secluded valleys, multiple springs, and mature trees create outstanding habitat for wildlife and excellent deer and turkey hunting. Handshaw Coulee is known for producing quality whitetails, and the property offers excellent recreational appeal with room for future food plots. In addition to the existing homesite, the acreage also offers additional potential buildable sites. A quality stand of black walnut trees may provide future timber value. Properties that combine privacy, views, acreage, a large home, pool, outbuildings, excellent hunting, and proximity to town are rarely available in one package. Whether you're looking for a full-time residence, weekend retreat, or legacy property to enjoy for years to come, this is a special opportunity.
Getting Around
Schools
Construction
Condition
- Year built: 1993
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Basement
- Has basement: Yes
- Basement: Block
Bathroom
- Level: Upper
- Area: 40
- Dimensions: 5 x 8
Bathroom
- Level: Main
- Area: 115.5
- Dimensions: 11 x 10.5
Bathroom
- Level: Basement
- Area: 74.8
- Dimensions: 11 x 6.8
Bedroom
- Level: Upper
- Area: 176.4
- Dimensions: 14.7 x 12
Bedroom2
- Level: Upper
- Area: 153.6
- Dimensions: 12 x 12.8
Bedroom3
- Level: Upper
- Area: 168.75
- Dimensions: 13.5 x 12.5
Bedroom4
- Level: Main
- Area: 188.4
- Dimensions: 12 x 15.7
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Bonus Room
- Level: Upper
- Area: 315
- Dimensions: 15 x 21
Dining Room
- Level: Main
- Area: 179.4
- Dimensions: 13 x 13.8
Family Room
- Level: Basement
- Area: 539.85
- Dimensions: 30.5 x 17.7
Features
- Finished area below ground: 954
- Finished area above ground: 2,893
Foyer
- Level: Main
- Area: 114.75
- Dimensions: 13.5 x 8.5
Game Room
- Level: Basement
- Area: 337.125
- Dimensions: 15.5 x 21.75
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 3,847
- Total interior livable area: 3,847 sqft
Kitchen
- Level: Main
- Area: 214.5
- Dimensions: 16.5 x 13
Laundry
- Level: Main
- Area: 81
- Dimensions: 9 x 9
Living Room
- Level: Main
- Area: 351.75
- Dimensions: 21 x 16.75
Mud Room
- Level: Main
- Area: 76
- Dimensions: 10 x 7.6
Sitting Room
- Level: Main
- Area: 204
- Dimensions: 12 x 17
Storage
- Level: Basement
- Area: 603.2
- Dimensions: 37.7 x 16
Walk In Closet
- Level: Upper
- Area: 55.25
- Dimensions: 8.5 x 6.5
Walk In Closet
- Level: Main
- Area: 57
- Dimensions: 9.5 x 6
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: R080024500
- Zoning description: Residential-Single Family
- Wooded area: 1873080
- Foundation area: 954
Features
- Levels: Two
- Stories: 2
- Private pool: Yes
- Pool features: In Ground
- Patio & porch: Front Porch
Lot
- Lot size: 47.86 Acres
- Lot size dimensions: 0
Parking
- Total spaces: 2
- Parking features: Attached,Detached Garage
- 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
- Hail
- Inland Flooding
- Strong Wind
- Tornado
- Cold Wave
- Drought
- Landslide
- Lightning
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Wabasha County and Minnesota
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,562 | $66,744 |
| Home Insurance * | $662 | $7,944 |
| Property Taxes | $781 | $9,372 |
| Electricity | $324 | $3,893 |
| Total | $7,329 | $87,948 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-27 | Listed for sale | $1,200,000 |
