Listed at
$339,900
$145/sqft

Peters Add

1032 Lilac Lane, Lake City, MN, 55041
4  Bedrooms2  Bathrooms2,338  Square Feet0.229  Acres
Days on market43
Year built1974
Garage spaces2
TypeResidential
Est. $7,197buyer credit when you buy with SODL
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About this home

Welcome home! This inviting 4-bedroom rambler offers the perfect blend of comfort, style, and location—nestled just steps away from a beautiful neighborhood park, ideal for morning walks and playtime. Inside, the home features a spacious and functional layout with four well-sized bedrooms and a possible lower level 5th, providing flexibility for families, guests, or a home office. The kitchen is a standout, showcasing newly installed granite countertops, ample cabinetry, and brand-new under-cabinet lighting that adds both warmth and modern flair—perfect for cooking and entertaining. The living area is cozy yet refined, centered around a new electric fireplace that creates a welcoming ambiance year-round with the convenience of low maintenance. Natural light fills the space, enhancing the home's inviting atmosphere. Step outside to a fully fenced backyard enclosed with a durable vinyl privacy fence—ideal for pets, gatherings, or simply relaxing in your own private retreat. Also make use of the large backyard concrete patio for your pool, basketball court, or hosting space! Call today to schedule a showing!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1974
LevelsOne
Living area2,338 sqft
Above-grade finished1,216 sqft
Below-grade finished1,122 sqft
Lot size0.229 acres (100 x 100)
Days on market43
ListedMar 28, 2026
MLS #NST7044535
CountyWabasha
SubdivisionPeters Add
Parcel #R220153100

Facts & features

Interior

Bedrooms
4
Bathrooms
2
Bath breakdown
1 full / 1 3/4
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Property

Levels / stories
One
Garage
2 spaces · 26 x 24 · 624 sqft
Parking features
Attached Garage, Concrete
Patio & porch
Deck
Exterior features
Vinyl
Fencing
Vinyl

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Block, Frame
Foundation
Block · 1,152 sqft
Roof
Age Over 8 Years, Asphalt
Year built
1974

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
100 Amp Service

Community & HOA

Subdivision
Peters Add
HOA
No HOA
School district
813 - Lake City
High school district
Lake City

Financial & listing details

Annual tax
$3,030 (2026)
Listed
Mar 28, 2026
Days on market
43 · 11 cumulative
Manufactured home
Yes

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementFinished, Full
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryIn Basement
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
DiningInformal Dining Room
AmenitiesCeiling Fan(s), Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Tile Floors
AccessibilityNone
Special features3 BR on One Level, Main Floor Bedroom

Exterior & lot

ExteriorVinyl
RoofAge Over 8 Years, Asphalt
FoundationBlock
Foundation area1,152 sqft
Patio/porchDeck
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Concrete
Garage spaces2
Garage size624 sqft

Financial details

Annual taxes$3,030
Tax year2026
Taxes w/ assessments3030
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District813 - Lake City
District number813
District phone6513452198
High schoolLake City
SODL flat fee brokerage
$7,197Estimated buyer credit
SODL platform fee $3,000Your buyer credit $7,197

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$2,152/mo
Principal & interest$1,786
Property taxes$253
Home insurance (est.)$113
%
$67,980
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

1032 Lilac Lane, Lake City, MN, 55041

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Listing information

MLS #NST7044535
StatusClosed
Last updatedMay 16, 2026, 2:57 PM
Originally listedApr 1, 2026, 12:00 AM
Listing officeDanielson Realty Group, LLC

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.