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For Sale:  Albert Lea MLS# 7002558

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$775,000
/mo Edit
Single Family:  1 Story
4 br • 4 ba • Built 1980
3,435 sqft • 49.8 acres
MLS# 7002558
763-576-8286
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    Property Description

    A Rare Blend of Country Elegance, Income-Producing Land & Exceptional Privacy Welcome to this truly special 49.80-acre property that has been lovingly owned, thoughtfully improved, and impeccably maintained by the same family for decades. From the mature trees they personally planted to the beautifully framed aerial photos showcasing years of care and development, pride of ownership is evident at every turn. Tucked away in a peaceful, private setting—yet just minutes from Albert Lea and I-35 access—this property offers the perfect balance of seclusion and convenience. Land & Income Opportunities The land is a diverse mix of tillable ground, wetlands, a pond/slew, and established CRP acres, making it ideal for recreation, wildlife habitat, and steady income. • 20.30 acres enrolled in CRP o CRP Contract #1: $276.05/acre | $4, 858 annual payment | Expires 9/30/2027 o CRP Contract #2: $195/acre | $527 annual payment | Expires 9/30/2034 • Abundant wildlife including whitetail deer, pheasant, turkey, geese, and ducks, offering outstanding hunting and viewing opportunities • Gorgeous mature trees and natural beauty throughout the property * There is a Snowmobile Trail that the Permit can be renewed (or not renewed). Outbuildings • 40’ x 86’ Steel Utility Shed (1979) o Heated 40’ x 28’ shop with cement floor and 8’ overhead door o 18’ x 86’ lean-to for additional storage • 1950 grain storage bin (1.2k) • Additional smaller shed The Home This immaculate, move-in-ready home offers space, warmth, and thoughtful updates throughout. • 4 spacious bedrooms (1 main floor, 2 upper, 1 lower level) • With an egress window added, there could be a 5th spacious bedroom, or multi-purpose for fitness, playroom, office, crafts or more! • 3.5 bathrooms • Open-concept floor plan designed for entertaining while still offering privacy • Stylish modern updates with warm, earthy tones • Beautiful enclosed porch/sunroom—perfect for enjoying peaceful views year-round • Two laundry rooms (modern main-floor laundry plus lower-level laundry with utility sink) • All appliances included • Built in 1980 with a stunning addition completed in 2009 • Completely finished basement with two staircases for easy access • Exceptionally plush carpeting—comfort you can feel • Roof and windows replaced in 2009 • 672 sq ft detached 2-stall garage Additional Notes • Septic system sold as-is and will require updates for compliance

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $775,000
    Price per sq ft: $226
    Property Type: Single Family
    City: Albert Lea
    Garage Spaces: 2
    County: Freeborn
    Year Built: 1980
    State: MN
    Property Style: 1 Story
    Zip Code: 56007

    Interior

    Bedrooms: 4
    Bathrooms: 4
    Finished Area: 3,435 ft2
    Total Fireplaces: 0
    Living Area: 3,435 ft2
    Common Wall: No
    Appliances Included:
    • Cooktop
    • Dishwasher
    • Disposal
    • Dryer
    • Electric Water Heater
    • Exhaust Fan
    • Freezer
    • Fuel Tank - Owned
    • Humidifier
    • Range
    • Refrigerator
    • Washer
    • Water Filtration System
    • Water Softener Owned
    Basement Details:
    • Concrete
    • Daylight/Lookout Windows
    • Drain Tiled
    • Finished
    • Full
    • Storage Space

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 24x28
    Garage Size: 672 ft2
    Air Conditioning: Central Air
    Foundation Size: 1,040 ft2
    Foundation Dimensions: 1040
    Handicap Accessible: None
    Out Buildings: Grain Bin, Lean-To, Shed(s), Workshop, Storage Shed
    Heating System: Forced Air
    Parking Features: Detached Garage
    Roof Details: Age Over 8 Years

    Rooms

    1/4 Baths: None
    Full Baths: 3
    Half Baths: 1
    3/4 Baths: None
    Bathroom Details:
    • Full Basement
    • Main Floor 1/2 Bath
    • Main Floor Full Bath
    • Upper Level Full Bath
    Dining/Kitchen: Separate/Formal Dining Room
    Laundry:
    • Laundry Closet
    • Lower Level
    • Main Level
    • Sink
    Upper Level Size Sq Ft
    Bedroom 2  19'9" x 15'1"  285 
    Bedroom 3  21'3" x 15'  315 
    Main Level Size Sq Ft
    Dining Room  19'2" x 42'  798 
    Family Room  10' x 15'1"  150 
    Bedroom  13'2" x 12'5"  156 
    Four Season Porch  32' x 8'  256 
    Kitchen  11'9 x 12'7"  132 
    Living Room  11" x 16'4"  176 
    Lower Level Size Sq Ft
    Bonus Room  14'6" x 10'11"  140 
    Bedroom 4  15'9 x 11'11"  165 

    Lake & Waterfront

    Waterfront: Other

    Lot & Land

    Acres: 49.8
    Geolocation: 43.580078, -93.421038
    Lot Dimensions: 2169288
    Zoning:
    • Agriculture
    • Residential-Single Family
    Lot Description:
    • CRP Land
    • Suitable for Horses
    • Tillable
    • Tree Coverage - Medium

    Farm

    Farm Type: Crop, Wooded/Hunting
    Tillable Acres: 20.3

    Schools

    School District: 1141
    District Phone: 5073794800

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,515
    Lender-owned: Not Disclosed
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,612
    Association Fee Required: No
    Association Fee: None
    Land Lease Amount: 448.75

    Miscellaneous

    Fuel System: Propane
    Sewer System: Septic System Compliant - No
    Water System: Well

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    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!

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    Listing provided by RMLS, courtesy of HomeProz Real Estate.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.