For Sale: Albert Lea MLS# 7117989
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Property Description
This could be where you build your dream home! Explore the possibilities on Oakwood Terrace with this vacant lot offering about 77 feet of frontage on Albert Lea Lake. Seller has improved the property with DNR approved grading a path to the shoreline. Purchase this lot individually or consider acquiring the adjacent available lot to create a larger combined property with added space and flexibility. Approximately 5, 050 sq ft is believed to be available for building. Buyer to verify all intended uses, utilities, zoning, building requirements and shoreline restrictions.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$35,000
Property Type:
Lot/Land
City:
Albert Lea
County:
Freeborn
State:
MN
Property Style:
Lot/Land
Zip Code:
56007
Subdivision Name:
Oak Knoll Sub
Exterior
Road Responsibility:
Public Maintained Road
Road Frontage:
City Street
Lake & Waterfront
Waterfront Present:
Y
Waterfront View:
Lake
WF Frontage:
77
Elev Highpt to WF feet:
40+
Waterfront:
- Deeded Access
- Lake Front
- Lake View
Lake Bottom:
- Soft
- Undeveloped
Lot & Land
Acres:
0.33
Geolocation:
43.626423, -93.335343
Inclusions:
Survey, Survey Stakes
Lot Dimensions:
112 x 143 x 79 x 156
Restrictions:
Open
Zoning:
- Residential-Multi-Family
- Residential-Single Family
- Shoreline
Lot Description:
- Accessible Shoreline
- Additional Land Available
- Irregular Lot
- Tree Coverage - Heavy
Farm
Topography:
Hilly, Sloped, Walkout
Schools
School District:
241
District Phone:
5073794800
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$532
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$1,000
Association Fee Required:
No
Association Fee:
None
Taxable Acres:
0.33
Miscellaneous
Development Status:
Rough Grade
Improvements:
Curbs, Paved Streets, Public Road, Storm Sewer
Available Utilities:
- Electricity Available
- Natural Gas Available
- None Connected
- Phone Available
- Sewer Available
- Storm Sewer Available
- Water Available
Mortgage Calculator
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| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Leland Realty.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.