31 Lake Avenue E

Minnesota Lake, MN
$ 258,800 Beds 3 Baths 1.5 Sq 2,266
Monthly Estimate* How much can I afford?

Welcome to this spacious 3 bedroom, 2 bath home in Minnesota Lake, offering plenty of room to spread out both inside and out. The home features a functional floor plan with multiple living and gathering spaces, hardwood floors, and abundant natural light throughout. The kitchen offers generous cabinetry and workspace with an adjoining dining area, while additional living areas provide flexibility for entertaining, relaxing, a home office, or hobbies. Three bedrooms and two bathrooms provide comfortable everyday living, including a spacious bathroom with a jetted tub and separate tiled shower. A large finished family room with a fireplace creates another inviting place to gather. The home also offers an impressive amount of additional storage and workspace, giving you room for projects, hobbies, equipment, and more. Outside, enjoy a spacious yard surrounded by mature trees, established landscaping, and a patio for outdoor entertaining. A 3-stall garage adds even more storage and versatility. With generous living space, multiple gathering areas, a large yard, abundant storage, and a 3-stall garage, this Minnesota Lake home offers the space and functionality buyers are looking for.

Single Family

  • Price
  • $ 258,800
  • City
  • Minnesota Lake
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • FARIBAULT
  • Half Bathrooms
  • 1
  • Area
  • Minnesota Lake
  • Lot Size
  • 0.49 Acres
  • Zip
  • 56068
  • Sqr Footage
  • 2,266
  • Year Built
  • 1948
  • Taxes
  • $ 3339
  • Style
  • Single Family
  • MLS#
  • 7149840
Listed By: Century 21 Atwood
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2266
Sewer City Sewer/Connected
Heating Baseboard,Hot Water
Cooling Central Air
Roof Asphalt
Appliances Dishwasher,Disposal,Dryer,Gas Water Heater,Microwave,Range,Refrigerator,Washer,Water Softener Owned
Garage Spaces 3
Construction Materials Frame
Year Built 1948
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Faribault
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Minnesota Lake
Full Baths 1
Directions MN Hwy 22 S out of Mankato. Take a slight right onto N Main St in MN Lake. .4 miles turn left onto Lake Ave E.
City Minnesota Lake
High School District Maple River
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 3339
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Hardwood Floors,Patio,Security System,Washer/Dryer Hookup
PostalCity Minnesota Lake

Interior Features

Basement Crawl Space,Full
Total Fireplaces 2
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1966
Half Baths 1
Total Bedrooms 3
Below Grade Finished Area 300
Total Baths 2
Bath Desc Private Primary,Main Floor Full Bath
Dining Room Description Kitchen/Dining Room,Separate/Formal Dining Room
Fuel Other

Exterior Features

Parking Features Attached Garage,Concrete,Garage Door Opener
Water Source City Water/Connected
Lot Size Area 0.49
Building Area Total 3848
Waterfront Y/N No
Foundation Area 1882
Road Frontage Type City Street

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

9/24/2026 Listed $258,800

Property vs Zip Code Average in 56068

Price
AVG $240K
$260K
Taxes
AVG $2,753
$3,339
Year Built
AVG 1956
1948
Visits
AVG 18
13
Data Provided by Inside Real Estate®

31 Lake Avenue E Minnesota Lake, MN is a Single Family Home for sale at $258800 with 2266 sqft and a lot size of 0.49 Acres Acre(s). 31 Lake Avenue E Minnesota Lake has 3 bedrooms, 1 baths and was built in 1948. The property's zip code is 56068 which is in Minnesota Lake, 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.