$425,000

307 Lake Dr Redwood Falls, MN 56283

$5,047
Closing credit¹
4 beds
1 full, 1 partial
2,780 sqft
$153 / sqft
House

Property details

About 307 Lake Dr

Nestled along the serene shore of Lake Redwood this home gives you the best of both worlds living in town surrounded by nature! With abundant wildlife this4 bdrm/3 bath rambler style home in Redwood Falls features so many great amenities including large windows overlooking lake, updated decking with aluminum rail, main floor laundry, walk in closet in primary bedroom, large family room, kitchenette in family room with new cabinets, newer roof, newly stained cedar siding, tuck under storage garage, newer AC unit, new flooring in basement, new entry doors, insulated garage and so much more! Call today for your showing!!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Heat Pump
StatusActive
CoolingCentral Air
Size2,780 sqft
BasementYes
Year built1973
ParkingAttached Garage, Concrete, Garage Door Opener
MLS #6713218
Attached garage2 spaces
WaterfrontRiver Front

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer, Water Softener
  • Basement: Yes
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Concrete, Garage Door Opener
  • Waterfront: River Front
  • Heating: Forced Air, Heat Pump
  • Cooling: Central Air
  • List Price: $425,000
  • Price/SqFt: $152
  • Annual Tax Amount: $5,164
  • Tax Year: 2024
  • Lot: Accessible Shoreline, Many Trees
  • Directions: west side of Redwood Falls, South on Lake Drive
  • Year Built: 1973
  • Living Area: 2,780 SqFt
  • MLS Number: 6713218
  • MLS Name: NORTHSTAR
  • Office Name: Kerkhoff Auction & Real Estate

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Get an agent. Get a mortgage. Save big.¹

ranch-style house featuring aphalt driveway, a front yard, and a garage

$425,000

307 Lake Dr

$5,047

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$354,000$5,164
2023$354,400$4,462
2022$314,000$4,272
2020$265,500$4,186
2019$253,200$-
2018$250,900$-

History based on county public records data.

Nearby schools

6

Reede Gray Elementary School

Public District PK-4

1.1 mi

201 McPhail Dr

6

Wabasso Elementary School

Public District PK-6

11.2 mi

1333 May St

9

Cedar Mountain Elementary School

Public District PK-5

12.0 mi

231 4th Ave E

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,117. Typical income of Redwood Falls, MN residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

42%
<35k
44%
35k-100k
10%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

45%
Single, No Kids
13%
Single, with Kids
27%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
8%
12-17 yrs old
19%
18-34 yrs old
38%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • NASCARNASCAR

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • ArbysArbys

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • GMCGMC

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

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Frequently asked questions

About 307 Lake Dr

The listing price of 307 Lake Dr property is $425,000.

The property 307 Lake Dr is a house located in Redwood Falls, Minnesota, 56283.

Active Listing: 307 Lake Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 307 Lake Dr are: Reede Gray Elementary School (GreatSchools Rating 6/10), Wabasso Elementary School (GreatSchools Rating 6/10), Cedar Mountain Elementary School (GreatSchools Rating 9/10), Redwood Valley Middle School (GreatSchools Rating 4/10), Bold Middle School (GreatSchools Rating 4/10), Yellow Medicine East Middle School (GreatSchools Rating 3/10), Redwood Valley Senior High School (GreatSchools Rating 5/10), Wabasso Secondary School (GreatSchools Rating 7/10), Cedar Mountain Secondary School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $5,164 (source: MLS/based on county public records data).

The property at 307 Lake Dr has 4 bedrooms and 1 full and 1 half bathrooms.

The property 307 Lake Dr is 2,780 SqFt (source: MLS/tax record).

The year of construction for 307 Lake Dr is 1973.

This home is located at 307 Lake Dr in Redwood Falls, MN and zip code 56283. This 2,780 square foot home was built in 1973. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $425,000.

Over 0 listings were sold over their listed price in April 2025 in Redwood Falls, MN. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price. The number of listings in Redwood Falls, MN increased by 13.6% between March and April 2025. While the average time on the market in April 2025 was 142 days, the median list price was $183,000.

From Rocket Homes Real Estate and based on county public records data.

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