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Active NEW!
$350,000
/mo Edit
Single Family:  2 Stories
5 br • 3 ba • Built 1917
2,993 sqft • 0.197 acres
Albert Lea schools
MLS# 7077372
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    Property Description

    Nestled among the stately homes of prestigious Park Avenue, this extraordinary historic residence is a rare opportunity to own one of the avenue’s finest and most admired homes. Lovingly maintained and thoughtfully updated, this timeless beauty blends historic elegance with modern comfort in a way that is truly unforgettable. From the moment you arrive, you’ll appreciate the exceptional curb appeal, highlighted by brand-new landscaping, siding, and roof completed in 2025. The expansive property offers rare additional parking behind the home for approximately five vehicles, plus a two-stall garage — an incredible convenience in this sought-after neighborhood. Shared Driveway with an agreement in place. Adding even more charm, a historic Downtown Albert Lea streetlight illuminates the driveway, complete with a spare original globe. Inside, the craftsmanship and character are simply breathtaking. Gorgeous, beveled glass windows on the main floor fill the home with dazzling natural light and create stunning rainbow reflections throughout the day. Original refinished hardwood floors gleam throughout the home, while the remarkable original woodwork, elegant staircase, built-in bookshelves, and impressive Butler’s Pantry showcase the timeless artistry rarely found today. Even the original living room wallpaper has been impeccably preserved and looks nearly new. Offering 5 bedrooms, 2 full bathrooms, and an additional basement shower stall, the home provides both spacious living and functional flexibility. The main floor primary bedroom features three lighted closets, while the convenient main floor laundry includes a utility sink. The warm and inviting woodburning fireplace creates the perfect gathering space for Minnesota evenings. Modern upgrades ensure peace of mind and convenience, including: • NEW Roof (2025) Transferrable Warranty! • NEW Siding (2025) • NEW Landscaping (2025) • NEW Smart Stove & Refrigerator (2024) • NEW Anderson Windows upstairs • NEW Continuous Gas Water Heater • Fiberoptic Internet Service The peaceful backyard patio with electric remote awning offers picturesque views of Fountain Lake, creating the ideal setting for relaxing mornings or evening entertaining. A charming front 3-season porch adds yet another inviting space to enjoy this remarkable property year-round. All appliances stay with the home, including the Ring Security System (water softener is rented). The driveway was replaced in 2008, and sellers recently completed a VA inspection, meaning the home has been thoroughly reviewed from top to bottom. Homes on Park Avenue are treasured for generations, and neighbors rarely leave — a true testament to the warmth, beauty, and peaceful atmosphere of this iconic location. Some antique furnishings may also be negotiable, perfectly complementing the historic character and elegance of the home.

    Listing

    Contingency: None
    Price per sq ft: $117
    City: Albert Lea
    County: Freeborn
    State: MN
    Property Style: 2 Stories
    Zip Code: 56007
    Subdivision Name: Ballards Add

    Interior

    Living Area: 2,993 ft2
    Common Wall: No
    Appliances Included:
    • Dishwasher
    • ENERGY STAR Qualified Appliances
    • Freezer
    • Gas Water Heater
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Washer
    • Water Softener Rented
    Fireplace Details: Wood Burning
    Basement Details: Block

    Exterior

    Stories: Two
    Garage Spaces: 2
    Garage Dimensions: 18'x18'6"
    Garage Size: 333 ft2
    Air Conditioning: Central Air
    Foundation Size: 896 ft2
    Foundation Dimensions: 28'x32'
    Handicap Accessible: None
    Out Buildings: Storage Shed
    Heating System: Forced Air
    Parking Features:
    • Detached Garage
    • Off Site

    Rooms

    1/4 Baths: 1
    Full Baths: 2
    Half Baths: None
    3/4 Baths: None
    Dining/Kitchen: Separate/Formal Dining Room
    Laundry: Main Level
    Upper Level Size Sq Ft
    Bathroom  8'11" x 5'10"  40 
    Breezeway  9'6" x 9'5"  81 
    Bedroom 5  8'11" x 9'4"  72 
    Bedroom 4  13'7" x 11'1"  143 
    Bedroom 2  12'7" x 10'4"  120 
    Bedroom 3  14'3" x 14'  196 
    Main Level Size Sq Ft
    Three Season Porch  31'2" x 7'2"  217 
    Bathroom  9'6" x 6'6"  54 
    Breezeway  19'11" x 6'5"  114 
    Dining Room  12'2" x 11'9"  132 
    Bedroom  18'1" x 11'4"  198 
    Kitchen  23' x 20'3"  460 
    Laundry  7'2" x 7'1"  49 
    Living Room  12'1" x 26'5"  312 

    Lot & Land

    Acres: 0.197
    Geolocation: 43.655027, -93.373176
    Lot Dimensions: 50' x 172'
    Zoning: Residential-Single Family

    Schools

    School District: 241
    District Phone: 5073794800

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,438
    Lender-owned: Not Disclosed
    Assessment Pending: Unknown
    Taxes w/ Assessments: $3,506
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Electric
    Sewer System: City Sewer - In Street
    Water System: City Water - In Street

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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.
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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.