1005 Rae Drive # 8
Richfield, MN, 55423 $ 209,000
Bedrooms2 Baths1.0 Sq 1,062 Monthly Estimate*
$ 1,444
for $209,000 with 2 bedrooms and 1 full bath. This 1,062 square foot home was built in 1980 on a lot size of 5.859.
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.
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FeaturesGeneralLiving Area 1062
Sewer City Sewer/Connected
Heating Baseboard Ductless Mini-Split
Cooling Ductless Mini-Split
Roof Age 8 Years or Less Architectural Shingle Pitched
Appliances Dishwasher Dryer Electric Water Heater ENERGY STAR Qualified Appliances Exhaust Fan Microwave Range Refrigerator Stainless Steel Appliances Washer
HOA Fee 447
Garage Spaces 1
Association Fee Includes Building Exterior Hazard Insurance Lawn Care Maintenance Grounds Parking Professional Mgmt Sanitation Sewer Shared Amenities Snow Removal Water
Pool Features None
Construction Materials Frame
Year Built 1980
Electric Circuit Breakers 100 Amp Service
Levels One
Unit Number 8
Property Subtype (CC) Manor/Village
Tax Year 2026
Accessibility None
Assoc Fee Paid Per Monthly
County Hennepin
New Construction N
Property Type Residential
Association Amenities Fire Sprinkler System
HOA Y
Contingency None
Subdivision Name Cic 0210 Wood Lake Village Condo
Full Baths 1
Directions From West 66th Street go North on Rae Drive and then curve left on Rae Drive to the home.
City Richfield
Association Name Westport
High School District Richfield
Zoning Description Residential-Multi-Family
Lot Size Units Acres
Carport Spaces 0
Property Attached Y/N Y
Land Lease Y/N N
Tax Annual Amount 2656
Additional Parcels Y/N N
Virtual Tour https://unbranded.visithome.ai/gKhKnC6DwSU7cGkZvrb5E5?mu=ft
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) Deck Indoor Sprinklers Kitchen Window Primary Bedroom Walk-In Closet Main Floor Primary Bedroom Natural Woodwork Tile Floors Washer/Dryer Hookup Walk-In Closet
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InteriorBasement None
Total Fireplaces 1
Fireplace Features Brick Family Room Living Room Wood Burning
Basement (Y/N) N
Fireplace Y/N Y
Above Grade Finished Area 1062
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features In Unit
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 1
Bath Desc Bathroom Ensuite Full Primary Full Jack & Jill Main Floor Full Bath Primary Walk-Thru
Dining Room Description Eat In Kitchen Informal Dining Room
Foundation Dimensions 42 x 24
Fuel Electric
Garage Dimensions 21 x 11
Garage Door Width 7
Garage Square Feet 240
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ExteriorFencing None
Parking Features Assigned Detached Garage Asphalt Electric Garage Door Opener Guest Parking
Lot Features Public Transit (w/in 6 blks) Irregular Lot Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 5.859
Building Area Total 1062
Lot Dimensions 579 x 370 x 303 x 394 x 99 x 180 x 100 x 30 x 42 x 127
Waterfront Y/N N
Foundation Area 1062
Road Responsibility Association Maintained Road
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* Excluded FeaturesList ByTravis@SagedahlRealty.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,444
- Monthly Property Taxes
- $221
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Richfield, MN
Average List Price $339,606
Percent of Sale Price 62%
About Richfield, MN 36,234 Population
6% Since 2002
$ 56,833 Median Income
38.87 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
708414 Elementary School
708589 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/8/2026 | $209,000 | -2.79% | Price Down |
| 9/18/2026 | $215,000 | -1.83% | Price Down |
| 8/21/2026 | $219,000 | | Listed Price |