1116 Lakewood Avenue Albert Lea, MN 56007

$229,000
Pending
estimated monthly payment
3 Beds  |  3 Baths  |  1,830 Sq Ft  |  Single Family  |  MLS # 7009488
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About The Listing

This welcoming split-level home offers three bedrooms on the upper level, including a comfortable primary suite, along with 2.5 bathrooms to give everyone plenty of space. Located near Fountain Lake, the home features a den/office with a fireplace and a relaxed lower-level family room that’s perfect for movie nights or spending time with friends. The property sits on a generous quarter-acre lot and is ideally located close to parks, the city beach, the Blue Zone walking trail, and a nearby golf course. Outside, you’ll love the large yard and deck—ideal for barbecues, kids, or simply enjoying the outdoors. A double garage and practical layout make this home an easy, comfortable place to call home. This home has been a 5 star Air Bnb vacation home for the last two years, the cleaning and management team is in place to keep this home as a income producing investment.


Listing courtesy of Gina Wadding, Coldwell Banker River Valley, REALTORS
Purchase Price
Loan Type
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Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
Private Mortgage Insurance
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Pending
Contingency Type: None
Year Built: 1971
MLS #: 7009488
Bedrooms: 3
Square Feet: 1,830
Bathrooms (Full): 1
Price Per Square Foot: $125
Bathrooms (Half) : 1
Bathrooms (Three Quarters) : 1
Garage Spaces: 2
Parking Description: Attached Garage, Concrete, Garage Door Opener
Sewer Description: City Sewer/Connected
Air Conditioning Type: Central Air
Water: City Water/Connected
Heat Type: Baseboard
Basement: Block
Roof Description: Age Over 8 Years
Days On Market (Continuous): 1
Disability Features: None
Latest Update: 02/03/2026
List Date: 01/16/2026
Listing Agent ID: 503516664
Listing Office: Coldwell Banker River Valley, REALTORS
Listing Office ID: 26811
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Fireplace Features: Gas
Laundry Features: In Basement, Washer Hookup
Number of Fireplaces: 1
Lot Dimensions: 160x67
Lot Size: 10787.0 Square Feet
Lot Features: Tree Coverage - Light
School District: Albert Lea
Tax Year: 2025
Estimated Taxes: $2,930
Contingency Type: None
City: Albert Lea
Zip: 56007
County: Freeborn
Subdivision: Stovern & Myre Sub
State: MN

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Listing last updated: 02/03/26

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