Sold / Closed
$630,000

Sold price · Closed Jul 17, 2026

$305/sqft

27850 Iberia Avenue

27850 Iberia Avenue, Lakeville, MN, 55044
3  Bedrooms3  Bathrooms1,952  Square Feet2.5  Acres
Days on market12
Year built1917
Garage spaces3
TypeResidential
Est. $14,876buyer credit when you buy with SODL

About this home

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.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1917
LevelsTwo
Living area1,952 sqft
Above-grade finished1,952 sqft
Below-grade finished0 sqft
Lot size2.5 acres (Irregular)
Days on market12
ListedMay 23, 2026
MLS #NST7053756
CountyDakota
Parcel #130320078012

Facts & features

Interior

Bedrooms
3
Bathrooms
3
Bath breakdown
1 full / 1 3/4 / 1 half
Heating
Forced Air, In-Floor Heating
Cooling
Central Air
Appliances
Cooktop, Dishwasher, Double Oven, Dryer, Electric Water Heater, Exhaust Fan, Water Osmosis System, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned

Property

Levels / stories
Two
Garage
3 spaces · 24 x 38 · 912 sqft
Parking features
Attached Garage, Detached Garage, Gravel, Asphalt, Garage Door Opener, Insulated Garage
Patio & porch
Covered, Deck, Front Porch, Rear Porch, Screened
Exterior features
Cement Board
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Frame, Stone
Foundation
Stone · 1,071 sqft
Roof
Age Over 8 Years, Age 8 Years or Less, Architectural Shingle, Flat
Year built
1917

Utilities

Water
Drilled, Well
Sewer
Mound Septic, Private Sewer
Fuel
Natural Gas

Community & HOA

HOA
No HOA
School district
194 - Lakeville
High school district
Lakeville

Financial & listing details

Annual tax
$4,278 (2025)
Listed
May 23, 2026
Days on market
12
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths1
3/4 baths1
Half baths1
1/4 baths0
BasementFull, Unfinished
HeatingForced Air, In-Floor Heating
CoolingCentral Air
LaundryLaundry Room, Main Level, Sink
AppliancesCooktop, Dishwasher, Double Oven, Dryer, Electric Water Heater, Exhaust Fan, Water Osmosis System, Microwave, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Owned
DiningEat In Kitchen, Informal Dining Room, Living/Dining Room
AmenitiesCeiling Fan(s), Deck, Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Natural Woodwork, Paneled Doors, Porch, Security System, Tile Floors, Washer/Dryer Hookup, Walk-In Closet
AccessibilityNone
Special features3 BR on One Level, Main Floor Laundry, Renovated

Exterior & lot

ExteriorCement Board
RoofAge Over 8 Years, Age 8 Years or Less, Architectural Shingle, Flat
FoundationStone
Foundation area1,071 sqft
Patio/porchCovered, Deck, Front Porch, Rear Porch, Screened
Lot featuresTree Coverage - Medium
Road frontageTownship, Unpaved Streets
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceDrilled, Well
SewerMound Septic, Private Sewer
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Detached Garage, Gravel, Asphalt, Garage Door Opener, Insulated Garage
Garage spaces3
Garage size912 sqft

Financial details

Annual taxes$4,278
Tax year2025
Taxes w/ assessments4278
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District194 - Lakeville
District number194
District phone9522322000
High schoolLakeville
SODL flat fee brokerage
$14,876Estimated buyer credit
SODL platform fee $3,000Your buyer credit $14,876

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

$3,687/mo
Principal & interest$3,132
Property taxes$357
Home insurance (est.)$199
%
$119,175
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

27850 Iberia Avenue, Lakeville, MN, 55044

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Listing information

MLS #NST7053756
StatusClosed
Last updatedSep 21, 2026, 5:47 PM
Originally listedMay 29, 2026, 12:00 AM
Listing officeLakes Sotheby's International

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.