1516 Bay Oaks Drive
About this home
Rare opportunity to own one of Southern Minnesota's great lake homes. Unparalleled lakefront living with panoramic views of Fountain Lake with this stunning 3 bedroom, 4 bathroom home. Designed by a Beverly Hills based designer of celebrity kitchens and living spaces, this home is built for entertaining friends and quiet times with family. The chef's kitchen opens to a spectacular great room with soaring ceilings and a wall of windows that includes a dining area, family room, and living room all with lake views. The home sits on the point of Edgewater Bay which provides both privacy and spectacular lake views. Take advantage of touring this home and take the first step to enjoying lakeside living.
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Home facts
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 4
- Bath breakdown
- 1 full / 1 3/4 / 2 half
- Heating
- Forced Air, Fireplace(s), Space Heater
- Cooling
- Central Air
- Appliances
- Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer, Water Softener Owned
Property
- Levels / stories
- One
- Garage
- 3 spaces · 32 x 28 · 886 sqft
- Parking features
- Attached Garage, Concrete, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Storage
- Patio & porch
- Composite Decking, Deck, Glass Enclosed, Patio, Porch, Rear Porch
- Pool
- None
- Fencing
- None
Construction
- Property type
- Residential
- Property subtype
- Single Family
- Construction materials
- Frame
- Foundation
- 2,874 sqft
- Roof
- Shake, Age Over 8 Years, Wood
- Year built
- 1980
Utilities
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Fuel
- Natural Gas
- Electric
- Circuit Breakers, 200+ Amp Service
Community & HOA
- HOA
- No HOA
- School district
- Albert Lea
Financial & listing details
- Annual tax
- $11,592 (2024)
- Tax with assessments
- 11658
- Listed
- Dec 10, 2024
- Days on market
- 458
- 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
1516 Bay Oaks Drive, Albert Lea, MN, 56007
Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
