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$590,000 Coming Soon

  • For Sale
  • Coming Soon
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 2 Partial Baths
  • 2,826 Sq. Ft.
  • 2 Car Garage
  • Updated 1 day ago
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Completely remodeled from top to bottom! The current owners are just the second to own this gem of a property. Kitchen has been opened up to the main living area for abundant light-filled space. First floor family/sunroom is wrapped in windows and walks out to a newer deck. Primary bedroom suite was expanded to include walk-in closet + private primary bath was reconfigured with walk-in shower and double sinks. Remodeled full bath + main floor laundry was added! Completely refinished walkout lower level features all new LVP flooring and is complete with wood burning fireplace, second kitchen, two bedrooms and a 3/4 bath. An additional, spacious workshop, with its own driveway, could service well as a small garage space for hobbies/toys/small business. Outside you'll find a stone patio with firepit. Perched atop city-owned Overlook Pond and park, you get the beauty and fun (walking trail, sledding, ice skating) without any worries about maintaining the land. Newer front patio, convenient circular driveway. Nearby access to the Minnesota River Bottom Trails!

Full Property Details for 4501 Terracewood Dr

General

  • Price: $590,000
  • Taxes: $5,294 (2026)
  • Status: Coming Soon
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7133455
  • Updated: 9/3/2026
  • Added to Site: 2 day(s) ago
  • Expected Market Date: 9/9/2026

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 2
  • Fireplace(s): Amusement Room, Living Room, Wood-Burning
  • Appliances: Cooktop, Dishwasher, Double Oven, Dryer, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Dining Room: Informal Dining Room
  • Formal Dining Room: Informal Dining Room
  • Laundry: Lower Level, Main Level, Lower Level, Main Level

Additional Information

  • Amenities: Ceiling Fan(s), Deck, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Patio, Security System, Walk-In Closet

Exterior

  • Porch/Patio/Deck: Deck, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Carport Spaces: 1
  • Parking Features: Attached Garage, Concrete, Garage Door Opener

Location

  • County: Hennepin
  • Township: Bloomington
  • Subdivision: Southwood Terrace 4th Add
  • Driving Directions: Normandale Rd to Overlook Dr, East to home

School Information

  • School District: 271 - Bloomington
  • High School District: Bloomington

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Finished, Full, Kitchenette, Walk-Out
  • Foundation Size: 1357
  • Disability Access: None
  • Square Feet: 2,826
  • Above Ground: 1,609 Sq. Ft.
  • Below Ground: 1,352 Sq. Ft.
  • Finished Down/Base.: 2,961 Sq. Ft.
  • Year Built: 1961

Lot Features

  • Lot Size (Acres): 0.38
  • Lot Dimensions: 160 x 125 x 149 x 91
  • Frontage: City Street
  • Zoning: Residential-Single Family
  • Lot Description: Corner Lot, Medium Tree Coverage

Water Features

  • Water Front Desc.: Pond

Financial Considerations

  • Tax Amount: $5,294
  • Tax Year: 2026
  • Terms: Conventional, VA, FHA, Cash

Disclosures and Reports

  • Legal Description: LOT 001 BLOCK 005 SOUTHWOOD TERRACE 4TH ADDN
  • Property ID: 3002724420015

Listed by Keller Williams Realty Integrity Lakes

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— 4501 Terracewood Dr —

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Schools serving 4501 Terracewood Dr

School District:Bloomington Public School District
NameGradesDistance
Westwood Elementary School, Bloomington, MN
3701 West 108th Street, Bloomington, MN 55431
K-50.9 mi
Oak Grove Middle School
1300 West 106th Street, Bloomington, MN 55431
6-82.3 mi
Jefferson Senior High School
4001 West 102nd Street, Bloomington, MN 55437
9-121.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4501 Terracewood Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/03/2026
Listed
$590,000
174.42%
MLS
5/23/2013
Sold
$215,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4501 Terracewood Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,294
4%
$393,900
-2%
2025
$5,072
2%
$400,400
-3%
2023
$4,959
1%
$412,300
-1%
2023
$4,905
—
$418,300
20%
2023
$4,905
19%
$350,000
11%
2020
$4,121
16%
$314,721
18%
2019
$3,558
-2%
$265,780
—
2018
$3,618
12%
$264,799
12%
2017
$3,235
-6%
$236,241
—
2016
$3,424
-1%
$236,895
3%
2015
$3,460
4%
$229,701
12%
2014
$3,325
-4%
$205,503
-7%
2013
$3,447
—
$221,635
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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4501 Terracewood Drive, Bloomington, MN 55437 (MLS# 7133455) is a Single Family property with 4 bedrooms, 1 full bathroom and 2 partial bathrooms. 4501 Terracewood Drive is currently listed for $590,000 and was received on September 03, 2026. Want to learn more about 4501 Terracewood Drive? Do you have questions about finding other Single Family real estate for sale in Bloomington? You can browse all Bloomington real estate or contact a Coldwell Banker agent to request more information.

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