115 South Lane

Albert Lea, MN
$ 434,900 Beds 4 Baths 2 Sq 2,957
Monthly Estimate* How much can I afford?

Wake up each morning to panoramic views of beautiful Fountain Lake. This inviting 4-bedroom, 2-bath lakefront home offers an exceptional combination of comfort, convenience, and outdoor enjoyment. Expansive walls of windows bring the lakefront setting indoors, providing picturesque views from many of the home's living spaces. Step outside onto the spacious deck overlooking the water, perfect for morning coffee, summer barbecues, or simply enjoying the sunset. The walkout lower level opens to a patio, ideal for pets, play, or private outdoor relaxation. With main-floor laundry, an attached two-car garage, ample storage, and extra paved parking, this home is designed for easy living. Nearby walking trails, parks, and assigned dock space #164 complete this outstanding Fountain Lake lifestyle opportunity.

Single Family

  • Price
  • $ 434,900
  • City
  • Albert Lea
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • FREEBORN
  • Half Bathrooms
  • 0
  • Area
  • Shoreland Heights Sub
  • Lot Size
  • 0.309 Acres
  • Zip
  • 56007
  • Sqr Footage
  • 2,957
  • Year Built
  • 1964
  • Taxes
  • $ 6974
  • Style
  • Single Family
  • MLS#
  • 7144783
Listed By: Dwell Realty Group LLC
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2957
Sewer City Sewer/Connected
Heating Forced Air,Hot Water
Cooling Central Air
Roof Asphalt
Appliances Dishwasher,Dryer,Range,Refrigerator,Washer,Water Softener Owned
Garage Spaces 2
Construction Materials Frame
Year Built 1964
Electric Circuit Breakers,200+ Amp Service
View Lake,Panoramic,South
Levels One
Property Subtype Single Family
Tax Year 2026
Waterfront Features Dock,Lake Front,Lake View
Accessibility None
County Freeborn
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Shoreland Heights Sub
Full Baths 2
Directions West on Fountain Street,then north onto Lakeview Blvd,then east onto the Fairway,south on South Lane.
City Albert Lea
High School District Albert Lea
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 6974
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Hardwood Floors,Patio,Panoramic View,Skylight,Vaulted Ceiling(s),Washer/Dryer Hookup
PostalCity Albert Lea

Interior Features

Basement Block,Daylight/Lookout Windows,Egress Window(s),Finished,Full,Storage Space,Walkout
Total Fireplaces 4
Fireplace Features Family Room,Gas,Living Room,Primary Bedroom
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1921
Laundry Features Laundry Closet
Total Bedrooms 4
Below Grade Finished Area 1036
Total Baths 2
Bath Desc Full Basement,Main Floor Full Bath,Separate Tub & Shower,Jetted Tub,Walk-In Shower Stall
Dining Room Description Informal Dining Room
Fuel Natural Gas
Garage Square Feet 505
Waterfront Feet 194

Exterior Features

Fencing Split Rail
Parking Features Attached Garage,Asphalt,Concrete
Lot Features Irregular Lot,Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.309
Building Area Total 3467
Lot Dimensions 117x214
Waterfront Y/N Yes
Foundation Area 1546
Road Frontage Type City Street,Paved Streets,Street Lights,Storm Sewer
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/15/2026 Listed $434,900

Property vs Zip Code Average in 56007

Price
AVG $280K
$430K
Taxes
AVG $3,249
$6,974
Year Built
AVG 1951
1964
Visits
AVG 99
9
Data Provided by Inside Real Estate®

115 South Lane Albert Lea, MN is a Single Family Home for sale at $434900 with 2957 sqft and a lot size of 0.309 Acres Acre(s). 115 South Lane Albert Lea has 4 bedrooms, 2 baths and was built in 1964. The property's zip code is 56007 which is in Albert Lea, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.