1701 Oakwood Terrace, Albert Lea, MN 56007 (MLS# 7117960)

1701 Oakwood Terrace, Albert Lea, MN 56007

$35,000
Property Type: Land Lot Size (sq. ft.): 14,375 Status: Active
Current Price: $35,000 List Date: 7/29/2026 Last Modified: 7/29/2026

Overview

Description

Have you ever dreamed of building your own home? Explore the possibilities on Oakwood Terrace. Purchase this vacant lot individually or consider acquiring the adjacent available lot to create a larger combined property with added space and flexibility. Set in the established Oak Knoll Addition near Albert Lea Lake and South Shore Drive, this location offers an appealing opportunity for a future homesite. Seller has improved the property with DNR approved grading a path to the shoreline. Buyer to verify all intended uses, utilities, zoning, building requirements and shoreline restrictions.

Listing Details MLS# 7117960

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Waterfront YN
No
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family, Shoreline, Residential-S
Lot Dimensions
86x138x117x143
Acres
0.33
Assessment Pending
No

Property Features

Available Utilities: Electricity Available; Natural Gas Available; None Connected; Phone Available; Sewer Available; Storm Sewer Available; Water Available Improvements: Curbs; Paved Streets; Public Road; Storm Sewer Land Inclusions: Survey; Survey Stakes Lock Box Type: None Topography: Hilly; Sloped; Walkout

Contract Information

Contingency
None
Original List Price
35000
ListPrice
35000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1701
Street Name
Oakwood
Street Suffix
Terrace
Postal City
Albert Lea
County
Freeborn
State
MN
Zip Code
56007
Complex/Dev/Subdivision
Oak Knoll Sub

Assessments

Assessment Balance
467.52
Tax With Assessments
1022

Builder Information

Builder Restrictions
Open

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
21
Section#
22
Township#
102
IDX
Listing Office: Leland Realty
Last Updated: July - 29 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
Search powered by FBS Products