501 S Fairlakes Avenue Fairmont, MN 56031

$350,000
Active
estimated monthly payment
4 Beds  |  3 Baths  |  3,336 Sq Ft  |  Single Family  |  MLS # 7000408
  • Front of House
    Front of House
  • Front of House
    Front of House
  • Kitchen/Dining
    Kitchen/Dining
  • Kitchen
    Kitchen
  • Dining/Kitchen
    Dining/Kitchen
  • Main Floor Living Room
    Main Floor Living Room
  • Main Floor Living Room
    Main Floor Living Room
  • Master Bedroom
    Master Bedroom
  • Master Full Bathroom
    Master Full Bathroom
  • 2nd Bedroom
    2nd Bedroom
  • 3rd Bedroom
    3rd Bedroom
  • Full Bathroom (Main Floor)
    Full Bathroom (Main Floor)
  • Full Bathroom/Tiled Shower (Main Floor)
    Full Bathroom/Tiled Shower (Main Floor)
  • Lower Level Family Room
    Lower Level Family Room
  • Lower Level Family Room
    Lower Level Family Room
  • Lower Level Family Room
    Lower Level Family Room
  • 4th Bedroom (lower level)
    4th Bedroom (lower level)
  • Lower Level 3/4 Bath
    Lower Level 3/4 Bath
  • Laundry Room
    Laundry Room
  • Back of House
    Back of House
  • Back Yard
    Back Yard
  • Deck
    Deck
  • Lake
    Lake
  • Lake Access
    Lake Access
  • Lake Access
    Lake Access
  • Lake Access
    Lake Access

About The Listing

From summer lake days to cozy evenings by the fireplace, this home fits the way you want to live. Enjoy access to Lake Sisseton and the Fairmont chain of lakes with this beautifully updated 4-bedroom, 3-bath home. The sale includes a 1/12 undivided interest in lake property, offering the opportunity to enjoy boating, fishing, and afternoon swims as part of your everyday lifestyle. There is space to place a boat and lift—making it easy to enjoy days on the water without the responsibilities of full lakefront ownership.

At the heart of the home is a remodeled kitchen designed for everyday living and easy entertaining. The kitchen features a large center island with seating and a dining area right in the space—perfect for morning coffee, family meals, or gathering with friends. Step directly from the kitchen onto the deck and enjoy summer evenings, grilling, and relaxed outdoor living.

Three bedrooms are conveniently located on the main floor, including the primary bedroom with a private full bath, along with an additional full bathroom and a comfortable living room.

The finished walk-out lower level expands your living space with a cozy family room featuring a gas fireplace, a fourth bedroom, a ¾ bathroom, laundry room, craft room, and abundant storage. A new sliding glass door brings in natural light and provides easy access to the backyard.

Recent updates include newer windows, shingles replaced in 2018 with new soffit, furnace and A/C (2014), fresh exterior paint and stain in 2025, and all bathrooms remodeled in 2024. An attached double-car garage completes this inviting, move-in-ready home.


Listing courtesy of Julie Liljenquist, Edina Realty
Purchase Price
Loan Type
Down Payment
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: Active
Contingency Type: None
Year Built: 1981
MLS #: 7000408
Bedrooms: 4
Square Feet: 3,336
Bathrooms (Full): 2
Price Per Square Foot: $105
Bathrooms (Half) : 0
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: Forced Air
Basement: Daylight/Lookout Windows, Egress Window(s), Finished, Full, Storage Space, Sump Basket, Sump Pump, Tile Shower, Walkout
Construction Description: Block
Roof Description: Asphalt
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 12/17/2025
List Date: 12/15/2025
Listing Agent ID: 506560186
Listing Office: Edina Realty
Listing Office ID: 48901
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
Fireplace Features: Family Room, Gas
Laundry Features: In Basement, Lower Level, Laundry Room, Sink
Number of Fireplaces: 1
Lot Dimensions: 108 x 127
Lot Size: 0.261 Acres
Lot Features: Tree Coverage - Light
Waterfront: Association Access, Shared
School District: Fairmont Area Schools
Tax Year: 2025
Estimated Taxes: $3,887
Contingency Type: None
City: Fairmont
Zip: 56031
County: Martin
Subdivision: Reiman Fairlakes 2nd
State: MN

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Listing last updated: 12/17/25

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