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$400,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2,350 Sq. Ft.
  • 2 Car Garage
  • Updated 20 hours ago
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Step into this 4 bedroom, 2 bathroom home located just a few blocks from Lake Pepin and Downtown Lake City. Situated on a corner lot with a spacious yard, 2 car detached garage with a drive through driveway and a wrap around covered porch. This 2,350 square foot home features beautiful woodwork throughout the house and ample natural lighting. The main floor has a large entryway, updated kitchen with generous cabinet space and a comfortable living room and dining area. 3 nice sized bedrooms are located on the second floor along with a bonus room-perfect for a home office, toy room or study with cabinetry and storage and a second full bath. The second floor also features a bright 3-season porch, perfect for Minnesota's Spring and Fall months. Walk up to an unfinished attic that has great potential for finishing.

Full Property Details for 118 W Chestnut St

General

  • Price: $400,000
  • Taxes: $3,902 (2024)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7056378
  • Updated: 4/17/2026
  • Added to Site: 3 day(s) ago

Interior

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Washer, Water Softener Owned

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Amenities: French Doors, Hardwood Floors, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Natural Woodwork, Paneled Doors, Porch, Washer/Dryer Hookup, Walk-Up Attic

Parking

  • Garage: Yes
  • Garage Description: 26 x 26
  • Garage Spaces: 2
  • Parking Features: Detached Garage, Gravel, Shared Driveway

Location

  • County: Wabasha
  • Township: Lake City
  • Subdivision: Lake City
  • Driving Directions: Hwy 61 to Lake City, turn right on W Chestnut St. home is on the right at the end of the block on the corner of Chestnut & High St.

School Information

  • School District: 2281 - Lake City
  • High School District: Lake City

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Boiler, Hot Water
  • Heating Fuel: Natural Gas

Utilities

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

Structural Information

  • Basement: Yes
  • Basement Desc.: Full
  • Foundation Size: 1131
  • Disability Access: None
  • Square Feet: 2,350
  • Above Ground: 2,350 Sq. Ft.
  • Below Ground: 1,131 Sq. Ft.
  • Finished Down/Base.: 3,481 Sq. Ft.
  • Year Built: 1860

Lot Features

  • Lot Size (Acres): 0.26
  • Lot Dimensions: 90 x 125
  • Zoning: Residential-Single Family

Financial Considerations

  • Tax Amount: $3,902
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: SECT-04 TWP-111 RANGE-012 LAKE CITY LOT-006 BLOCK-022 & SWLY 97' OF SELY1/2 OF LOT 7 & NELY 28' OF SELY 55' OF LOT 7 BLK 22
  • Property ID: R220035700

Listed by Loam Commercial Real Estate

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— 118 W Chestnut St —

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NMLS#: 1598647

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Schools serving 118 W Chestnut St

School District:Lake City Public School District
NameGradesDistance
Bluff View Elementary School
1156 West Lakewood Avenue, Lake City, MN 55041
PK-61 mi
Lincoln Secondary, Lake City, MN
300 South Garden Street, Lake City, MN 55041
7-120.4 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 118 W Chestnut St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/15/2026
Listed
$400,000
37.93%
MLS
11/11/2021
Sold
$290,000
—
Public Record
Get Price Alerts and Save Property
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 118 W Chestnut St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,748
-4%
$313,900
3%
2024
$3,902
—
$305,400
-4%
2023
$3,902
7%
$316,500
22%
2021
$3,656
-9%
$258,700
-19%
2023
$4,000
9%
$317,900
36%
2021
$3,656
9%
$234,600
3%
2020
$3,344
-1%
$228,300
2%
2019
$3,378
-17%
$224,800
8%
2017
$4,060
-8%
$207,600
100%
2015
$4,404
—
—
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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Listed by Loam Commercial Real Estate

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118 W Chestnut Street, Lake City, MN 55041 (MLS# 7056378) is a Single Family property with 4 bedrooms and 2 full bathrooms. 118 W Chestnut Street is currently listed for $400,000 and was received on April 15, 2026. Want to learn more about 118 W Chestnut Street? Do you have questions about finding other Single Family real estate for sale in Lake City? You can browse all Lake City real estate or contact a Coldwell Banker agent to request more information.

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