1005 Rae Drive, 8, Richfield, MN 55423 (MLS# 7130468)


$209,000
1005 Rae Drive, 8
Richfield, MN 55423
MLS# 7130468
2 beds  |  1 baths  |  1062 sqft


1005 Rae Drive, 8, Richfield, MN 55423
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Property Description
See video tour and interactive floor plan at virtual tour link. Welcome to this bright and inviting two-bedroom townhome. It is pet friendly, rentals are allowed, and offers an appealing combination of privacy, generous living space, outdoor living, and thoughtful updates. Located on the upper level, the home enjoys added privacy and less noise, along with wonderful natural light and views overlooking a beautifully maintained shared courtyard framed by mature trees. The spacious living room is centered around a handsome brick wood-burning fireplace, bringing warmth and character to the heart of the home. Large Andersen windows and the nearby patio door fill the space with natural light, while the open connection between the living and dining areas gives the home an airy, comfortable feel. The kitchen features stainless steel appliances, including a refrigerator, dishwasher, electric range, vent hood, and microwave, along with a pull-down faucet. A convenient pass-through with counter seating connects the kitchen to the living spaces, while the separate dining area provides plenty of room for meals and entertaining. One of the home's best features is the large private deck overlooking the courtyard. Surrounded by mature trees and greenery, it feels like a peaceful extension of the living space—perfect for morning coffee, outdoor dining, or simply relaxing and enjoying the view. A magnificent mature maple tree provides shade and a beautiful backdrop throughout the seasons. Both bedrooms offer comfortable proportions and excellent closet space, while **two mini-split systems—a valuable feature not commonly found in other units—**provide added comfort alongside the home's baseboard heat. An energy-efficient A. O. Smith Signature 900 electric heat-pump water heater and in-unit LG ThinQ stackable washer and dryer add modern efficiency and everyday convenience. Storage is surprisingly abundant throughout the home, complemented by a private garage. The location may be one of the best features of all. Wood Lake Nature Center and Richfield Lake Park are just steps away, putting trails, nature, and beautiful green space practically outside your door. Yet everyday conveniences are equally close, with shopping just blocks away offering groceries, restaurants, medical services, and nearly everything you need. With its sun-filled upper-level setting, open living spaces, wood-burning fireplace, expansive deck, leafy courtyard views, thoughtful upgrades, and exceptional location, this townhome offers a wonderful balance of nature, convenience, and easy everyday living.

Details
Maps
Documents
Contract Information
Status: Active
Contingency: None
Current Price: 209000
Original List Price: 219000
ListPrice: 209000
List Date: 2026-08-21
Owner is an Agent?: No
Auction?: No
General Property Information
Assoc Mgmt Co. Phone #: 952-465-3600
Association Fee Frequency: Monthly
Association Mgmt Co. Name: Westport
Common Wall: Yes
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 1
Waterfront YN: No
Year Built: 1980
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Bedrooms: 2
Baths Total: 1
Bath Full: 1
Main Floor Total SqFt: 1062
Above Grd Total SqFt: 1062
Total SqFt: 1062
Total Finished Sqft: 1062.00
FireplaceYN: Yes
Style: (CC) Manor/Village
Foundation Size: 1062
Power Company: Xcel Energy
Association Fee: 447
Garage Stalls: 1
Lot Dimensions: 579 x 370 x 303 x 394 x 99 x 180 x 100 x 30 x 42 x 127
Acres: 5.85
Assessment Pending: No
Location Tax and Other Information
House Number: 1005
Street Name: Rae
Street Suffix: Drive
Unit Number: 8
Postal City: Richfield
County: Hennepin
State: MN
Zip Code: 55423
Complex/Dev/Subdivision: Cic 0210 Wood Lake Village Condo
Assessments
Tax With Assessments: 2656
Basement
Foundation Dimensions: 42 x 24
Building Information
Finished SqFt Above Ground: 1062
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: MAAR
Miscellaneous Information
DP Resource: Yes
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 21 x 11
Garage Door Height: 7
Garage Door Width: 8
Garage Square Feet: 240
Garage Stall ID#: 8
Public Survey Info
Range#: 24
Section#: 28
Township#: 28
Property Features
Accessible: None
Air Conditioning: Ductless
Amenities Shared: Fire Sprinkler System
Amenities Unit: Ceiling Fan(s); Deck; Indoor Sprinklers; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet; Washer/Dryer Hookup
Appliances: Dishwasher; Dryer; Energy Star Appliances; Microwave; Range; Refrigerator; Washer
Approved Financing: FHA
Association Fee Includes: Building Exterior; Hazard Insurance; Lawn Care; Outside Maintenance; Parking Space; Professional Mgmt; Sanitation; Shared Amenities; Snow Removal; Water
Assumable Loan: Not Assumable
Basement: None
Bath Description: Full Jack & Jill; Primary Walk-Thru; Main Floor Full Bath; Full Primary; Bathroom Ensuite
Construction Materials: Frame
Construction Status: Previously Owned
Dining Room Description: Eat In Kitchen; Informal Dining Room
Electric: 100 Amp Service; Circuit Breakers
Exterior: Brick Veneer; Cement Board; Wood
Family Room Characteristics: Main Level
Fencing: None
Fireplace Characteristics: Brick; Family Room; Living Room; Wood Burning
Foundation: Concrete Block
Fuel: Electric
Heating: Baseboard
Laundry: In Unit
Lock Box Type: Supra
Lot Description: Irregular Lot; Public Transit (w/in 6 blks); Tree Coverage - Light
Parking Characteristics: Assigned; Garage Door Opener
Pool Description: None
Road Responsibility: Association Maintained Road
Roof: Age 8 Years or Less; Architectural Shingle; Pitched
Sellers Terms: Cash; Conventional; FHA; VA
Sewer: City Sewer/Connected
Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry; Main Floor Primary
Stories: One
Townhouse Characteristics: End Unit; No Exterior Stairs
Water: City Water/Connected
Room Information
Room Name Dimensions Level
Bathroom08 x 7.6Main
Deck15 x 06Main
Dining Room09 x 09Main
First (1st) Bedroom15 x 10.6Main
Foyer05 x 05Lower
Kitchen10 x 09Main
Laundry07 x 04Main
Living Room17 x 15Main
Second (2nd) Bedroom10 x 09Main

Listing Office: Sagedahl Realty

Last Updated: October - 08 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Thursday 8th of October 2026 06:47 PM

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