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As of early 2026, 80% of users say it's dog friendly

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FOR SALE

1.14 ACRES

4985 71st Ln N
Loretto, MN 55357

1 Bed
2 Baths
920 sqft (on 1.14 acres)

$274,900

Est. Mortgage $1,700/mo*

Get Pre-Qualified

$274,900

Est. Mortgage $1,700/mo*

Get Pre-Qualified

1 Bed

2 Baths

920 sqft

(on 1.14 acres)

We estimate this home will sell faster than 87% nearby.

Local Information

-- mins to

Commute Destination

Description

Situated on over an acre of beautiful property, this one-of-a-kind home offers a layout and style that stands out in all the right ways. The main home features an updated 1 bedroom (could easily be 2 beds with an addition of 1 wall), 1 bathroom design with a warm, inviting feel and a screened porch perfect for relaxing and enjoying the peaceful surroundings. What really makes this property special is the breezeway that connects the home to an oversized 2-car garage—topped with a full living quarters above. This additional space includes its own bathroom, kitchen, vaulted ceilings, and laundry setup, making it ideal for guests, extended family, or even a private retreat. Recent updates include fresh paint, new flooring, modern light fixtures, and brand-new appliances—so you can move right in and start enjoying everything this property has to offer.
Homes like this don’t come around often, especially in this price range. If you appreciate character, flexibility, and a setting that gives you room to breathe, this could be the perfect fit. Details include: 1.14 acres, septic is certified and ready, 1bed home (easily could be 2 as it was prior), 2 baths total with one full in home and one 3/4 above garage in finished living space.

We estimate this home will sell faster than 87% nearby.

Home Highlights

Parking

Garage

Outdoor

Patio

A/C

Heating & Cooling

HOA

None

Price/Sqft

$299

Listed

7 days ago

Home Details for 4985 71st Ln N

Active Status
MLS Status: Active with Contingency

Interior Features
Interior Details Basement: NoneNumber of Rooms: 7Types of Rooms: Bedroom, Foyer, Garage, Kitchen, Laundry, Living Room, Screened Porch
Beds & Baths Number of Bedrooms: 1Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout Living Area: 920 Square FeetFoundation Area: 920
Appliances & Utilities Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Softener OwnedDishwasherDryerLaundry: Laundry RoomRefrigeratorWasher
Heating & Cooling Heating: Ductless Mini-SplitHas CoolingAir Conditioning: Ductless Mini-SplitHas HeatingHeating Fuel: Ductless Mini Split
Fireplace & Spa No Fireplace
Gas & Electric Electric: Circuit BreakersGas: Other
Levels, Entrance, & Accessibility Stories: 1Levels: OneAccessibility: None
View No View

Exterior Features
Exterior Home Features Roof: AsphaltPatio / Porch: Patio
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Dimensions (26x26)No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Detached Garage,Gravel,Heated Garage
Frontage Road Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadRoad Surface Type: PavedNot on Waterfront
Water & Sewer Sewer: Septic System Compliant - Yes
Surface & Elevation Topography: Gently Rolling, Level
Finished Area Finished Area (above surface): 920 Square Feet

Days on Market
Days on Market: 7

Property Information
Year Built Year Built: 1985
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family
Building Not a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information Parcel Number: 2511924410008

Price & Status
Price List Price: $274,900Price Per Sqft: $299

Location
Direction & Address City: GreenfieldCommunity: Loretto Estates
School Information High School District: Rockford

Agent Information
Listing Agent Listing ID: 7065755

Building
Building Area Building Area: 920 Square Feet

HOA
No HOAHOA Fee: No HOA Fee

Lot Information
Lot Area: 1.14 Acres

Offer
Contingencies: Inspection

Miscellaneous
Mls Number: 7065755Above Grade Unfinished Area: 920

Last check for updates: about 3 hours ago

Listing courtesy of The Derrick Monroe Group, (612) 282-7653

Lakes Area Realty G.V.

Source: NorthstarMLS as distributed by MLS GRID, MLS#7065755

Also Listed on NorthstarMLS as distributed by MLS GRID.

Price History for 4985 71st Ln N

Date	Price	Event	Source
05/01/2026	$274,900	Listed For Sale	NorthstarMLS as distributed by MLS GRID #7065755

05/01/1984	$64,000	Sold	N/A
Recording Date 05/01/1984 County Transfer Tax N/A Total Transfer Tax N/A

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Property Tax and Assessment

Year	2025
Tax	$3,809
Assessment	$306,100

Home facts updated by county records

Comparable Sales for 4985 71st Ln N

Address	Distance	Property Type	Sold Price	Sold Date	Bed	Bath	Sqft
4820 Pioneer Trl, Loretto, MN	0.34	Single-Family Home	$435,000	06/06/25	4	3	2,075
7455 Fern Ct, Loretto, MN	0.38	Single-Family Home	$940,000	04/03/26	5	3	3,759
6595 Belle St, Loretto, MN	0.58	Single-Family Home	$635,000	07/30/25	5	3.5	2,876
7625 Xenia St, Loretto, MN	1.35	Single-Family Home	$440,000	10/27/25	3	2	2,148
6520 Belle St, Loretto, MN	0.67	Single-Family Home	$737,500	09/08/25	5	4	3,535
5470 Town Hall Dr, Loretto, MN	0.89	Single-Family Home	$900,000	03/03/26	4	1.5	2,814
5135 Country Cir, Loretto, MN	0.96	Single-Family Home	$825,000	03/17/26	4	2.5	4,779
5420 Lake Sarah Heights Dr, Loretto, MN	1.65	Single-Family Home	$375,000	12/08/25	5	2	2,708

Assigned Schools

These are the assigned schools for 4985 71st Ln N.

View nearby schools on GreatSchools

The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Greenfield

At least 8 Trulia users voted on each feature.

100 % Say parking is easy
83 % Say car is needed
80 % Say it's dog friendly
75 % Say it's quiet
69 % Say kids play outside
67 % Say people would walk alone at night
67 % Say yards are well-kept
65 % Say neighbors are friendly
64 % Say there's holiday spirit
50 % Say they plan to stay for at least 5 years
50 % Say there's wildlife
25 % Say streets are well-lit
20 % Say there are community events
20 % Say there are sidewalks
11 % Say it's walkable to restaurants
10 % Say it's walkable to grocery stores

Learn more about our methodology.

LGBTQ Local Legal Protections

Additional Cost

The Derrick Monroe Group, Lakes Area Realty G.V.

Agent Phone: (612) 282-7653

Based on information submitted to the MLS GRID as of 2026-05-08 15:33:04 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

4985 71st Ln N, Loretto, MN 55357 is a 1 bedroom, 2 bathroom, 920 sqft single-family home built in 1985. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on May 1, 2026. The MLS # for this home is MLS# 7065755.

4985 71st Ln N
Loretto, MN 55357

$274,900

$274,900

Local Information