Greenvale Park Elementary
- Enrollment
- 488
- Students per teacher
- 11.9
500 Lincoln Pkwy, Northfield, MN 55057
(507) 645-3500
1 / 3
705 Kraewood Drive, Northfield, MN 55057 - MLS# 6694633
$699,000
Bedrooms
3
Bathrooms
3
Square Feet
2,022
Acres
0.19
Year Built
2026
Property Type
Residential
Heating
Natural Gas, Forced Air
Cooling
Central Air
Garages
2
Days on Market
590
School District
659 - Northfield
Build a two story, three bedroom, three bath home on a Lookout Lot in Kraewood, Northfield's newest development ideally located in an established west side neighborhood close to parks, schools, the college, Way Park, trails, and downtown. The Faust design is a To-be-Built home featuring corian quartz kitchen counters with tile backsplash, pantry, cultured marble vanity tops, upper level laundry, luxury vinyl plank floor in the main level living areas, carpet on stairs and bedrooms, sheet vinyl in the bath and laundry, painted millwork, a gas fireplace with surround, a covered front porch, concrete driveway, and sidewalk. Choose this design or choose from an array of other designs. Reserve your lot today and explore your many options for building the home of your dreams. The pricing is subject to change.
Interior Information
BasementDrain Tiled, Egress Window(s), Full, Concrete, Storage Space, Unfinished
AppliancesAir-To-Air Exchanger, Gas Water Heater
CoolingCentral Air
HeatingForced Air
FuelNatural Gas
Fireplaces1
Fireplace FeaturesFamily Room, Gas
LaundryUpper Level
Dining RoomInformal Dining Room, Kitchen/Dining Room
Interior AmenitiesKitchen Window, Primary Bedroom Walk-In Closet, Washer/Dryer Hookup
ElectricCircuit Breakers
Size & Levels
LevelsTwo
Total Finished Sq Ft2,022 sq ft
Above Grade Finished2,022 sq ft
Main Level Finished1,045 sq ft
Total Area (incl. unfinished)3,067 sq ft
Bathrooms
Full Baths2
1/2 Baths1
Bathroom DetailsFull Primary, Private Primary, Main Floor 1/2 Bath, Upper Level Full Bath
Rooms
Main Level Rooms
Living Room11' x 11'
Family Room14' x 14'
Dining Room12' x 14'
Kitchen9' x 12'
Upper Level Rooms
Bedroom13' x 15'
Bedroom 210' x 11'
Bedroom 310' x 11'
Exterior & Parking
ExteriorEngineered Wood, Vinyl
ConstructionFrame
RoofAge 8 Years or Less, Architectural Shingle
Foundation8 ft+ Pour
Patio / PorchFront Porch
Garage Stalls2
ParkingAttached Garage, Concrete, Garage Door Opener
Lot & Utilities
Property SubtypeSingle Family
Lot Size0.19 acres
Lot Dimensions60x140
Lot DescriptionSod Included in Price, Underground Utilities
ZoningResidential-Single Family
SubdivisionKraewood
TownshipNorthfield
CountyRice
SewerCity Sewer/Connected
WaterCity Water/Connected
Road FrontageCity Street
Financial & Tax Information
Annual Taxes$1,276
Tax Year2026
Tax w/ Assessments$1,276
Assessment PendingNo
Parcel Number2236156023
List TypeExclusive Right To Sell
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 1939 or earlier, about 60% of occupied homes are owner-occupied, and the average commute is 22 minutes.
Cost of Ownership
Median home value
$261,400
Lower than the Northfield median
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$3,502/yr
Lower than the Northfield median
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$1,797/mo
Lower than the Northfield median
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$693/mo
Lower than the Northfield median
Median monthly housing costs for owners without a mortgage.
Median rent
$1,152/mo
Similar to the Northfield median
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
60%
Lower than Northfield overall
The share of occupied homes lived in by their owners.
Median year built
1969
Older than the Northfield median
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 2000-20097%
- 1980-19897%
- 1970-197917%
- 1960-196913%
- 1950-19596%
- 1939 or earlier24%
Types of homes
The share of housing units in each building type.
- Single-family detached39%
- Townhome / attached5%
- 2-4 units11%
- 5+ units30%
- Mobile home16%
Getting Around
Average commute
22 min
Higher than the Northfield median
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone62%
- Carpool9%
- Walk or bike8%
- Work from home18%
Homes with broadband
90%
Similar to Northfield overall
The share of households with a broadband internet subscription.
Schools
Northfield Public School District
This home is in the Greenvale Park Elementary, Northfield Middle and Northfield Senior High attendance areas of Northfield Public School District.
Elementary
Middle
Northfield Middle
- Enrollment
- 845
- Students per teacher
- 19.2
2200 Division St S, Northfield, MN 55057
(507) 663-0650High
Northfield Senior High
- Enrollment
- 1,283
- Students per teacher
- 21
1400 Division St S, Northfield, MN 55057
(507) 663-0630Questions and Answers
How much is 705 Kraewood Drive?
705 Kraewood Drive in Northfield, MN, is listed at $699,000 as of Nov 11, 2026 ($346 per finished square foot and 590 days on market).
What school district is 705 Kraewood Drive in?
Northfield Public School District. It is in the attendance areas for Greenvale Park Elementary (grades PK-5, 0.2 mi), Northfield Middle (grades 6-8, 2.2 mi) and Northfield Senior High (grades 9-12, 1.5 mi), according to Minnesota Department of Education 2025-26 boundaries. Assignments can change, so confirm enrollment with the district.
What are the property taxes for 705 Kraewood Drive?
Property taxes are $1,276 for 2026. No special assessments are pending.
Does 705 Kraewood Drive have an HOA fee?
No. The listing shows no homeowners association fee.
What is the commute like from 705 Kraewood Drive?
The average one-way commute for the surrounding area is 22 minutes, compared with 24 minutes for the Twin Cities metro. About 62% of workers drive alone. Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates for the surrounding census tract.
What does it cost to own a home near 705 Kraewood Drive?
In the surrounding census tract, the median home value is $261,400 and the median property tax bill is $3,502 a year; typical owner costs with a mortgage are $1,797 a month. These are area estimates, not figures for this home.
How do I schedule a showing of 705 Kraewood Drive?
Call Pederson Realty anytime at 612-356-2121 to ask about this home, schedule a showing, or be connected to an agent. You can also contact the agent shown on this page or use the Tour in Person button. We can usually set up a showing within a day.
