Oak Knoll Sub
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About this home
This could be where you build your dream home! Explore the possibilities on Oakwood Terrace with this vacant lot offering about 77 feet of frontage on Albert Lea Lake. Seller has improved the property with DNR approved grading a path to the shoreline. Purchase this lot individually or consider acquiring the adjacent available lot to create a larger combined property with added space and flexibility. Approximately 5,050 sq ft is believed to be available for building. Buyer to verify all intended uses, utilities, zoning, building requirements and shoreline restrictions.
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Home facts
Facts & features
Interior
- Bathrooms
- 0
Property
- View
- Lake
- Waterfront
- Deeded Access, Lake Front, Lake View
- Lot size
- 0.33 acres
- Lot dimensions
- 112x143x79x156
- Lot features
- Additional Land Available, Accessible Shoreline, Irregular Lot, Tree Coverage - Heavy
- Road frontage
- City Street
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
- $532.48 (2026)
- Tax with assessments
- 1000
- Listed
- Jul 27, 2026
- Days on market
- 60
- Inclusions
- Survey,Survey Stakes
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
1705 Oakwood Terrace, Albert Lea, MN, 56007
Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
