
Fremont Terrace
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About this home
This split-level is worth a serious look! Set on a spacious 0.7-acre lot (with additional adjoining 1.25 acre lot available) across the street from Lake Fremont, this unique property offers easy access to commuter routes into the metro, and with no homes directly behind it, the setting already feels private. Add the adjacent 1.25-acre lot, also available, and you've got a combined 1.9 acres of space and privacy for buyers who want even more room to work with. Let's be upfront: this home needs some love. But big-ticket items are already handled: new roof (2023), new plumbing (2019), and a new sewer line to the road (2024). What's left is cosmetic, not structural, and is a great head start for a buyer ready to put in some sweat equity and make it their own. The upper level offers 2 bedrooms, a full bath, an eat-in kitchen, and a living room. Downstairs is where this property sets itself apart with 1 bedroom and an additional room that could easily be converted to an additional bedroom, plus a second kitchen, dining space, and family room. Add a shower or tub to the existing half bath and you've got a legitimate second residence perfect for additional income potential, multi-generational living, or simply more space than you'll find anywhere else at this price point. Between the acreage, the available second parcel, and the built-in flexibility of a near-duplex layout, this is a property to buy for what it can become. Don't pass on this opportunity!
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Home facts
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 1
- Bath breakdown
- 1 full
- Heating
- Forced Air
- Cooling
- Central Air
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
Property
- Levels / stories
- Split Entry (Bi-Level)
- Garage
- 2 spaces · 576 sqft
- Parking features
- Attached Garage, Asphalt
- Patio & porch
- Patio
- Exterior features
- Stucco, Vinyl
- Lot size
- 0.7 acres
Construction
- Property type
- Residential
- Property subtype
- Single Family
- Foundation
- Block · 1,040 sqft
- Roof
- Age 8 Years or Less, Asphalt
- Year built
- 1977
Utilities
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Fuel
- Natural Gas
Community & HOA
- Subdivision
- Fremont Terrace
- HOA
- No HOA
- School district
- 728 - Elk River
- High school district
- Elk River
Financial & listing details
- Annual tax
- $4,708 (2025)
- Listed
- Oct 6, 2026
- Days on market
- 0
- Manufactured home
- Yes
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
How SODL buyer credits work
When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.
- Tour homes with SODL’s flexible showing network
- Submit offers and manage your transaction through the platform
- Keep more money at closing through transparent flat-fee pricing
A clear, modern way to buy with expert guidance and meaningful savings.
Estimated monthly payment
These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.
Location
12368 Fremont Lane, Zimmerman, MN, 55398
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Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
