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Groveland Terrace

Groveland Terrace

Groveland Terrace
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

50 Groveland Ter
Minneapolis, MN 55403-1145
100 Units
4 Stories
1966 Year Built
$151K - $720K Value Range

Available Units

For Sale
No Units Available
For Rent
No Units Available

Highlights

  • Elevator
  • 24 Hour Access
  • Public Transportation
  • 2 min walk to Minneapolis Sculpture Garden

Midcentury charm in the heart of Lowry Hill

Groveland Terrace, a 4-story condominium complex built in 1966, stands as a testament to midcentury design in Minneapolis' coveted Lowry Hill neighborhood. With 100 units ranging from cozy studios to spacious three-bedroom homes, this community offers a variety of living options for residents seeking a blend of urban convenience and neighborhood tranquility. Situated just steps away from some of the Twin Cities' most renowned cultural attractions, Groveland Terrace provides a unique living experience that combines the charm of a well-established residential area with easy access to downtown Minneapolis.

Versatile layouts with modern updates

Groveland Terrace offers a range of floor plans to suit various lifestyles and needs. The building features studios starting at approximately 500 square feet, perfect for those seeking an efficient living space. One-bedroom units, ranging from 675 to 808 square feet, are available with prices around $160,000, offering a balance of space and affordability. For those requiring more room, two-bedroom units span 850 to 855 square feet with one to two bathrooms. The largest offerings are the three-bedroom units, measuring between 1,419 and 1,444 square feet with one to two bathrooms, ideal for families or those who desire extra space. Many units have been tastefully updated to meet modern tastes while maintaining the building's midcentury character. Residents can expect to find hardwood floors throughout, adding warmth and durability to the living spaces. Kitchens often feature granite countertops, stainless steel appliances, and contemporary cabinetry, creating a sleek and functional cooking environment. Some units boast stone counters and breakfast nook areas, perfect for casual dining or additional workspace. Large windows and sliding glass doors leading to private balconies or patios are common features, allowing ample natural light and providing outdoor space for relaxation or entertaining. Many units offer breathtaking views of the downtown Minneapolis skyline, particularly from the upper floors. For added convenience, in-unit laundry facilities are available in many apartments, with some featuring washer and dryer hookups in walk-in closets. The open-concept design in many units creates a spacious feel, with combined living and dining areas that flow seamlessly into the kitchen. This layout is ideal for entertaining or simply enjoying a more expansive living space. Bedrooms are generously sized, often featuring large windows and ample closet space.

Year-round comfort and recreation

Groveland Terrace offers a comprehensive suite of amenities designed to enhance residents' quality of life throughout the year. The centerpiece of the community's outdoor amenities is the heated outdoor pool, surrounded by loungers and seating areas. This space serves as a social hub during warmer months, perfect for relaxation and socializing with neighbors. For fitness enthusiasts, the building provides a well-equipped exercise room and fitness center, allowing residents to maintain their workout routines without leaving home. After a vigorous workout, residents can unwind in the on-site sauna, promoting relaxation and wellness. The community room and club room offer versatile spaces for gatherings, meetings, or private events. These areas are ideal for hosting larger get-togethers or simply enjoying a change of scenery from one's apartment. The courtyard, complete with grills and bonfire pits, provides a picturesque setting for outdoor entertaining, featuring stunning views of the downtown skyline. Security is a priority at Groveland Terrace, with a secure entry system ensuring residents' peace of mind. The heated parking garage offers convenient and protected parking, particularly valuable during Minneapolis' harsh winters. Additional amenities include 24-hour access to the building, air conditioning, and tenant-controlled HVAC systems, ensuring comfort year-round. The presence of these thoughtful amenities contributes to a comfortable and convenient lifestyle for Groveland Terrace residents.

Cultural hub with urban green spaces

Groveland Terrace is situated in the vibrant Lowry Hill neighborhood, an area known for its rich cultural offerings and beautiful green spaces. The location is ideal for art enthusiasts, with the internationally renowned Walker Art Center just steps away. This contemporary art museum attracts over 700,000 visitors annually and offers a diverse program of visual art exhibitions, dance performances, theater productions, and film screenings. Adjacent to the Walker Art Center is the Minneapolis Sculpture Garden, an 11-acre urban sculpture park featuring over 40 works of art, including the iconic "Spoonbridge and Cherry" sculpture. This unique outdoor space provides a perfect blend of art and nature, ideal for leisurely strolls or picnics. Nature lovers will appreciate the proximity to several parks. Loring Park, less than half a mile away, offers a variety of amenities including a lake, walking trails, a dog park, and sports facilities. The park hosts numerous community events throughout the year, adding to the neighborhood's vibrant atmosphere. Thomas Lowry Park, known for its cascading pools and brick walking paths, is another nearby green space perfect for relaxation or a quick escape into nature. For daily conveniences, residents have access to several grocery options. The Wedge Lyndale, a popular co-op grocery store, is about a 15-minute walk or drive from Groveland Terrace. This store is known for its wide selection of organic and locally sourced products. For those preferring a larger supermarket, Kowalski's Markets is approximately a mile away, offering a range of everyday and gourmet items with a focus on local producers. The neighborhood also boasts a diverse dining scene. Residents can enjoy elevated Turkish and Moroccan cuisine at Cardamom, or savor classic American fare at The Lowry, known for its burgers, oysters, and extensive whisky selection. For a sweet treat, Sebastian Joe's Ice Cream is a local favorite. Coffee enthusiasts will appreciate Caffetto, which doubles as a pinball arcade, offering a unique blend of caffeine and entertainment. The Minneapolis Farmers Market, located nearby, is a hub for fresh, locally grown produce and artisanal goods. This market not only provides access to high-quality food but also serves as a community gathering place, reflecting the neighborhood's commitment to supporting local businesses and sustainable practices.

Accessible urban living with multiple transit options

Groveland Terrace's location offers residents a variety of transportation options, making it easy to navigate both the immediate neighborhood and the greater Minneapolis area. The area's high walkability means that many daily errands and activities can be accomplished on foot, promoting a healthy and environmentally friendly lifestyle. For those relying on public transportation, the Lyndale Ave S & Vineland Place bus stop is conveniently located just a five-minute walk from the building. This stop serves multiple bus lines, providing easy access to various parts of the city. For longer commutes or trips to the suburbs, the Warehouse District/Hennepin Avenue Station, serving the Hiawatha Line light rail, is about a 25-minute walk or a quick 5-minute drive away. Cycling enthusiasts will appreciate the area's bike-friendly infrastructure. With numerous bike lanes and trails in the vicinity, including the nearby Cedar Lake Regional Trail, residents can easily navigate the city on two wheels. The building's location puts it within easy reach of the extensive Minneapolis bike trail system, making it an excellent choice for those who prefer pedal power for their daily commute or leisure activities. For those who need to travel further afield, the building's proximity to major roadways is a significant advantage. Interstates 394 and 94 are easily accessible, providing quick routes to other parts of the Twin Cities metro area. Downtown Minneapolis is just a short drive away, making it convenient for those who work in the city center. When air travel is necessary, the Minneapolis-St Paul International Airport is approximately a 20-minute drive from Groveland Terrace, ensuring that residents can easily catch flights for business or leisure travel. The combination of walkability, public transit options, bike-friendly streets, and easy access to major roadways makes Groveland Terrace an ideal choice for those seeking a well-connected urban lifestyle. Whether commuting to work, running errands, or exploring the city, residents have multiple transportation options at their fingertips, contributing to the convenience and accessibility of life at Groveland Terrace.

Building Details

Amenities

  • Public Transportation
  • 24 Hour Access

Building Design

  • Elevator

Unit Information

Beds
1 Bed
1 Bed
1 Bed
Studio
Studio
Studio
1 Bed
1 Bed
1 Bed
3 Beds
Baths
1 Bath
1 Bath
1 Bath
--
--
--
1 Bath
1 Bath
1 Bath
2 Baths
Sq Ft
756
675
745
1,259
5,177
457
808
760
760
1,419
Status
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Off Market
Price
--
--
--
--
--
--
--
--
--
--
Estimated Value
$196,565
--
$181,979
$211,598
$720,462
$150,858
$179,032
$195,831
$196,565
$429,559

Unit Size and Value Ranges

Studio Units
Sq Ft Range
457 - 5,177
Est. Values
$150,858 - $720,462
1 Bedroom Units
Sq Ft Range
675 - 808
Est. Values
$163,020 - $198,213
2 Bedroom Units
Sq Ft Range
850 - 855
Est. Values
$207,643 - $243,127
3 Bedroom Units
Sq Ft Range
1,419 - 1,444
Est. Values
$429,559 - $551,098
All Units
Sq Ft Range
457 - 5,177
Est. Values
$150,858 - $720,462

Map

Area Factors

Moderate Crime

Crime Score®

5 / 10

Very Bikeable

Bike Score®

78 / 100

Very Walkable

Walk Score®

82 / 100

Good Transit

Transit Score®

59 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

69 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$74K - $419K
Range of Taxes in Building
$966 - $5,469
Range of Taxes per Sq Ft
$0.98 - $3.79

Property Tax History

Source: Public Records

Similar Condominium Buildings

Building Team

Property Management
Paradise & Associates - Groveland Terrace
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.