74500 240 Th St, Albert Lea, MN

Real Estate

For Sale

Listed price in listed location currency (USD).

$650,000

336

MLS® 7010518

Overview

Key Facts

Type Other

Levels Residential

Size 3180 sqft

Garage Yes

Maintenance Fees

Taxes $3,844

Days Active 4

Approx. Age 1981

Avg. Price Per Sqft $204

MLS® Number 7010518

Property Address: 74500 240th St, Albert Lea, MN, 56007-6068

Average square foot calculated using Size range provided by listing agent.

Description

A one-of-a-kind private retreat with over $400K in updates, that blends rural serenity with accessible town amenities, tucked into the gorgeous landscape of southern Minnesota. Situated on approximately 5.35 acres, this charming home features three bedrooms and two full baths , 1 new half bath & across approximately 3, 180 square feet of living space. From the moment you arrive, the setting impresses: mature landscaping, a generous lot that wraps around your home, and a stunning private pond that creates a tranquil backdrop for your everyday living. Step through the front door and you’ll find a well-laid-out open floor plan on the main level, where living, dining and kitchen spaces flow together seamlessly—ideal for both everyday comfort and entertaining. Large windows bring in natural light, and from the adjoining dining area you’ll step out onto one of two composite decks that enjoy direct views of the pond and the surrounding greenery. The finished walkout lower level offers daylight windows and a walk-out exit give you fresh air and abundant light, creating a perfect space for a family room, game room, guest quarters or hobby studio. The back room could easily be converted back into a Mother In law kitchen. The basement is fully finished and adds substantial usable space to this home. The two-car attached garage has been converted into a car enthusiast's dream and the property’s size and design lend themselves to outdoor pursuits — whether that’s gardening, nature watching, relaxing on the deck with a morning coffee, or simply enjoying the privacy that 5+ acres affords. The city of Albert Lea, MN, offers far more than meets the eye: nestled between lakes, trails and green spaces, the city provides a perfect backdrop for the lifestyle many homeowners seek. The city describes itself as “the heart of southern Minnesota” with “lake. Land. Life.” at its core. For outdoor lovers, you’re in luck: the nearby Myre-Big Island State Park offers miles of trails, shoreline along Albert Lea Lake, camping and bird-watching. Local parks, the Blazing Star Trail, and access to lakes all invite you to get outside year-round. When it comes to shopping, dining and neighborhood hangouts, downtown Albert Lea delivers the charm of a walkable historic district with plenty to explore. The historic downtown shopping district overlooks Fountain Lake and features more than a dozen local boutiques, coffee shops, eateries and art installations set within restored late-19th/early-20th-century architecture. Browse for unique gifts at local shops, grab a coffee and pastry to linger over, or catch a community event in the heart of town. For daily errands, you’ll find a strong mix of local favorites and convenience stores. The city lists numerous locally-owned shops such as Midwest Antiques, Jeni’s Fine Jewelers, The Seed House and more within its retail mix. Whether it's weekend wandering downstairs or quick errands, the options are within reach and neighboring chain stores and grocery anchors are also accessible. The kind of country-calm property that lets you step back and unwind without ever feeling isolated from town perks. On your acreage lot you have space, privacy, nature, and a home that is thoughtfully laid out. And when you’re ready to step out, Albert Lea offers lakeside recreation, trails, events, unique shopping and a friendly small-city atmosphere. If you like the idea of deck coffee watching the pond, sunsets across the trees, and nearby downtown strolls to local shops and cafés, this home could be the perfect match.

MLS® Number7010518

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelLaundry Room, Main Level

Exposure

Exterior

GarageYes

Approx. Age1981

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Rooms

Change to metres

Family Room:Lower Level28 × 25 ft

Other:Main Floor13 × 12 ft

Dining Room:Main Floor11 × 19 ft

Utility Room:Lower Level23 × 12 ft

Bedroom 3:Lower Level17 × 11 ft

Laundry:Main Floor12 × 10 ft

Kitchen:Lower Level25 × 10 ft

Bedroom 2:Main Floor13 × 12 ft

Living Room:Main Floor22 × 16 ft

Other:Lower Level11 × 9 ft

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 24, 2026List Date

$650,000List Price

Oct 2, 2023End Date

$370,000Sold Price

Sold

Aug 22, 2023List Date

$374,900List Price

Map

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