About This Home

This 4-bedroom, 3-bathroom single family at 4501 Terracewood Drive in Bloomington, MN is listed for $590,000 ($209 per sqft). Built in 1961, the home offers 2,826 sqft of living space on a 0.38 acres lot.

Key Features

  • Built in 1961
  • 0.38 acre lot
  • Fireplace

Property Details

1 full
1961

Amenities

FireplaceA/C
Listing Description

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!

Monthly Cost Estimate

$3,155/mo

20% down · 6.5% · 30 years

Principal$427
Interest$2,557
Insurance$172

Estimates only. Actual payments may vary.

Location

4501 Terracewood Drive

Bloomington, MN 55437

Southwood Terrace 4th Add

Features & Amenities

Exterior Features

Cement BoardWood

Property Details

Parking

DrivewayGarage - AttachedOpen

Heating

Forced Air

Cooling

Central Air

Appliances

CooktopDishwasherDouble OvenDryerRangeRefrigeratorStainless Steel AppliancesWall OvenWasher

Questions & Answers

This 4-bedroom, 3-bathroom single family at 4501 Terracewood Drive is listed at $590,000 ($209/sqft). The estimated monthly payment is $3,155 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1961, 0.38 acre lot, Fireplace. Exterior Features: Cement Board, Wood.

This property is listed by Dorothy C Peterson and can be reached at (612) 821-7400.

DP

Dorothy C Peterson

Agent at Integrity Holdings Real Estate LLC

(612) 821-7400
Agent website

Listed by Integrity Holdings Real Estate LLC · Broker phone: (612) 821-7400 · View on Broker Site · Broker website

MLS# 7133455· Source: Northstar MLS· 8 days on PropertySimple

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4501 Terracewood Drive, Bloomington, MN 55437

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