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74500 240th Street, Albert Lea, MN 56007

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For Sale

$775,000

3 beds • 2 baths • 1 half baths • 3,180 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Single Family Detached
    Property type

  • Newly Listed
    Time on Century 21

  • $243.71
    Price per square foot

  • 41-50 Years Old
    Age

Explore this Property

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# 6803029

Courtesy Of Real Broker LLC

(612) 600-6000

Open Houses

November

8

Saturday

In Person

Saturday, November 8, 2025

11:00AM - 2:00PM

Property Features

  • Age
    41-50 Years Old
  • Appliances
    Cooktop, Dishwasher, Dryer, Microwave, Oven - Double, Refrigerator, Washer
  • Architecture Style
    Other
  • Exterior Type
    Concrete
  • Heating System
    Forced Air
  • Lot Size
    5.35 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 74500 240th Street, Albert Lea, MN 56007

Home seller CENTURY 21 Atwood

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Atwood

(507) 377-3174
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.