20550 Iceland Avenue, Lakeville, MN 55044

$405,000
Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 2,016 Lot Size (sq. ft.): 11,761 Status: Active
Current Price: $405,000 List Date: 2/05/2026 Last Modified: 4/06/2026

Overview

Description

Completely updated and move-in ready, this welcoming home at 20550 Iceland Ave features modern finishes throughout and a comfortable layout with three bedrooms on one level. Set in the desirable Lakeville School District and within walking distance to downtown Lakeville’s restaurants and shopping, this home also offers a large backyard—perfect for relaxing, play, or entertaining. A great opportunity to enjoy easy, modern living in the heart of Lakeville.

Listing Details MLS# 7011212

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Waterfront Present
No
Year Built
1968
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
2
Main Floor Total SqFt
1008
Above Grd Total SqFt
1008
Below Grd Total SqFt
1008
Total SqFt
2016
Total Finished Sqft
2008.00
FireplaceYN
No
Style
(SF) Single Family
Foundation Size
1008
Garage Stalls
2
Lot Dimensions
135x90
Acres
0.27
Number of Fireplaces
0
Bath Three Quarters
0
Bath Half
0
Bath Quarter
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Paneled Doors; Washer/Dryer Hookup Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Concrete Block; Egress Windows; Full; Storage Space; Sump Pump Bath Description: Main Floor Full Bath Construction Status: Previously Owned Dining Room Description: Breakfast Bar; Eat In Kitchen Electric: Circuit Breakers Existing Financing: Cash Exterior: Wood Family Room Characteristics: Family Room; Lower Level; Main Level Fencing: None Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air Internet Options: Cable Laundry: In Basement Lock Box Type: Combo Road Frontage: City Street; Paved Streets Roof: Age Over 8 Years; Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Special Search: 3 BR on One Level Stories: One Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
420000
ListPrice
405000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
20550
Street Name
Iceland
Street Suffix
Avenue
Postal City
Lakeville
County
Dakota
State
MN
Zip Code
55044
Complex/Dev/Subdivision
Glenn Add

Assessments

Tax With Assessments
3104
Assessment Balance
0
Assessment Installment
0

Building Information

Finished SqFt Above Ground
1008
Finished SqFt Below Ground
1000

More Information

Lease Details

Land Leased
Not Applicable

Lock Box Type

Lock Box Source
MAAR
Combo
Yes

Miscellaneous Information

DP Resource
Yes
Homestead
Yes

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
420

Public Survey Info

Range#
20
Section#
29
Township#
114

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
GLENN ADDITION A W 135 FT OF N 90 FT OF S 532.52 FT OF
Listing City
Lakeville
Map Page
176
Municipality
Lakeville
School District
Lakeville
School District Phone
952-232-2000
Zip Plus 4
8906
Property ID Number
223020000060
Tax Year
2025
Tax Amount
3104
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Completely updated and move-in ready, this welcoming home at 20550 Iceland Ave features modern finishes throughout and a comfortable layout with three bedrooms on one level. Set in the desirable Lakeville School District and within walking distance to downtown Lakeville’s restaurants and shopping, this home also offers a large backyard—perfect for relaxing, play, or entertaining. A great opportunity to enjoy easy, modern living in the heart of Lakeville.
Directions
From I-35 heading South take exit 85 for County Rd 50/Kenwood Trail and continue West on Kenwood trail. Take a left (South) onto 175th St W. Take a right on Ipava Ave. Turn Left onto Iceland Ave.

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Kitchen Center Island
Yes
Kitchen Window
Yes
Main Floor Primary Bedroom
Yes
Paneled Doors
Yes
Washer/Dryer Hookup
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Assumable Loan

Not Assumable
Yes

Basement

Concrete Block
Yes
Egress Windows
Yes
Full
Yes
Storage Space
Yes
Sump Pump
Yes

Bath Description

Main Floor Full Bath
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Breakfast Bar
Yes
Eat In Kitchen
Yes

Electric

Circuit Breakers
Yes

Existing Financing

Cash
Yes

Exterior

Wood
Yes

Family Room Characteristics

Family Room
Yes
Lower Level
Yes
Main Level
Yes

Fencing

None
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Cable
Yes

Laundry

In Basement
Yes

Road Frontage

City Street
Yes
Paved Streets
Yes

Roof

Age Over 8 Years
Yes
Asphalt Shingles
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Special Search

3 BR on One Level
Yes

Stories

One
Yes

Water

City Water/Connected
Yes

Room Information

Bonus Room Dimensions: 14'10" x 10'3" Level: Basement Family Room Dimensions: 20'10" x 10'3" Level: Basement First (1st) Bedroom Dimensions: 9'8" x 13'3" Level: Main Fourth (4th) Bedroom Dimensions: 12'3" x 10'5" Level: Basement Kitchen Dimensions: 17'x9'3" Level: Main Laundry Dimensions: 18'2" x 12'11" Level: Basement Living Room Dimensions: 15'2x13'5 Level: Main Second (2nd) Bedroom Dimensions: 13'1"'x9'5" Level: Main Third (3rd) Bedroom Dimensions: 10'7"x10' Level: Main
Listing Office: LPT Realty, LLC
IDX
Last Updated: April - 06 - 2026
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