Listed at
$35,000

Oak Knoll Sub

1701 Oakwood Terrace, Albert Lea, MN, 56007
0.33  Acres
Days on market61
TypeLand
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About this home

Have you ever dreamed of building your own home? Explore the possibilities on Oakwood Terrace. Purchase this vacant lot individually or consider acquiring the adjacent available lot to create a larger combined property with added space and flexibility. Set in the established Oak Knoll Addition near Albert Lea Lake and South Shore Drive, this location offers an appealing opportunity for a future homesite. Seller has improved the property with DNR approved grading a path to the shoreline. Buyer to verify all intended uses, utilities, zoning, building requirements and shoreline restrictions.

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Home facts

Property typeLand
Lot size0.33 acres (86x138x117x143)
Days on market61
ListedJul 27, 2026
MLS #NST7117960
CountyFreeborn
SubdivisionOak Knoll Sub
Parcel #343350330

Facts & features

Interior

Bathrooms
0

Property

Lot size
0.33 acres
Lot dimensions
86x138x117x143
Parcel #
343350330
Zoning
Residential-Multi-Family,Shoreline,Residential-Single Family

Construction

Property type
Land

Utilities

Utilities
Electricity Available, Natural Gas Available, None Connected, Sewer Available, Storm Sewer Available, Phone Available, Water Available

Community & HOA

Subdivision
Oak Knoll Sub
HOA
No HOA
School district
241 - Albert Lea
High school district
Albert Lea

Financial & listing details

Annual tax
$554 (2026)
Tax with assessments
1022
Listed
Jul 27, 2026
Days on market
61
Inclusions
Survey,Survey Stakes

Interior details

Total bathrooms0

Exterior & lot

ZoningResidential-Multi-Family,Shoreline,Residential-Single Family

Utilities

Parking & garage

Financial details

Annual taxes$554
Tax year2026
Taxes w/ assessments1022
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District241 - Albert Lea
District number241
District phone5073794800
High schoolAlbert Lea
SODL flat fee brokerage
$0Estimated buyer credit
SODL platform fee $1,050Your buyer credit $0

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

$242/mo
Principal & interest$184
Property taxes$46
Home insurance (est.)$12
%
$7,000
0%50%
Credit score
Loan term

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

1701 Oakwood Terrace, Albert Lea, MN, 56007

Listing information

MLS #NST7117960
StatusActive
Last updatedJul 29, 2026, 5:36 PM
Originally listedJul 29, 2026, 11:15 AM
Listing officeLeland Realty

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.