1705 Oakwood Terrace, Albert Lea, MN 56007 (MLS# 7117989)

1705 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: 7/30/2026 Last Modified: 7/30/2026

Overview

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 Details MLS# 7117989

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Road Btwn WF & Home?
No
Waterfront Frontage
77
Waterfront YN
Yes
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family, Shoreline, Residential-S
Lot Dimensions
112x143x79x156
Acres
0.33
Lake/Waterfront Name
Albert Lea
Assessment Pending
No

Property Features

Available Utilities: Electricity Available; Natural Gas Available; None Connected; Phone Available; Sewer Available; Storm Sewer Available; Water Available Elevation Highpoint to Waterfront Slope: Steep Improvements: Curbs; Paved Streets; Public Road; Storm Sewer Lake Details: Soft; Undeveloped Land Inclusions: Survey; Survey Stakes Lock Box Type: None Lot Description: Accessible Shoreline; Additional Land Available; Irregular Lot; Tree Coverage - Heavy Road Frontage: City Street Road Responsibility: Public Maintained Road Topography: Hilly; Sloped; Walkout Waterfront Type: Lake Front; Deeded Access; Lake View Waterfront View: Lake

Contract Information

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

Location Tax and Other Information

House Number
1705
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
1000

Builder Information

Builder Restrictions
Open

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
40+

Lake Details

Lake Acres
2669
Lake Depth
5

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 - 30 - 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.
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