Listed at
$464,900
$149/sqft

303 Lake Avenue

303 Lake Avenue, Fairmont, MN, 56031
5  Bedrooms3  Bathrooms3,129  Square Feet0.308  Acres
Days on market106
Year built1943
ParkingConcrete
TypeResidential
Est. $10,947buyer credit when you buy with SODL
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About this home

Truly a one-of-a-kind lakefront home on Lake Sisseton, with historic charm and modern conveniences. 65 feet of shoreline with gradual, terraced lake bank. 5BR/3BA, over 3,000 finished sqft, breathtaking lake views and several outdoor seating areas on the front porch and in the backyard. The foyer greets you with a stunning original staircase and ornate room divider that showcase the home's preserved architecture. Living room features an electric fireplace and original pocket doors that open to the formal dining room. Spacious kitchen includes a pantry, laundry area, and staircase leading to an upstairs bedroom. Breakfast bar, ¾ bath and great room (dining area, electric fireplace, sliding doors to the backyard oasis) complete the main level. Upstairs: 4BR/1 full BA. Two adjoining bedrooms are separated by original room-divider doors. Another bedroom offers access to a potential balcony with lake views. Two bedrooms also provide access to the walk-up attic, where the fifth bedroom is located. Basement: storage, utilities, exercise space, sauna, half bath, and workshop. Outside: lakeside living with hot tub room and outdoor kitchen. Historic former garage is now two storage areas with an attic. This is lake life at its BEST! Don't miss it!

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built1943
LevelsTwo
Living area3,129 sqft
Above-grade finished3,129 sqft
Below-grade finished0 sqft
Lot size0.308 acres (210x65x200x65)
Days on market106
ListedJun 15, 2026
MLS #NST7092750
CountyMartin
Parcel #230401050

Facts & features

Interior

Bedrooms
5
Bathrooms
3
Bath breakdown
1 full / 1 3/4 / 1 half
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories
Two
Parking features
Concrete, Off Site, Storage
Patio & porch
Deck, Front Porch, Patio
Exterior features
Block, Vinyl
Fencing
Partial, Privacy, Wood
Other structures
Hot Tub, Storage Shed

Construction

Property type
Residential
Property subtype
Single Family
Foundation
Block · 900 sqft
Roof
Age 8 Years or Less, Flat, Metal, Rubber
Year built
1943

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
Circuit Breakers

Community & HOA

HOA
No HOA
School district
2752 - Fairmont Area Schools
High school district
Fairmont Area Schools

Financial & listing details

Annual tax
$2,552.72 (2026)
Tax with assessments
3168
Listed
Jun 15, 2026
Days on market
106
Foreclosure status
Not Disclosed
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths1
3/4 baths1
Half baths1
1/4 baths0
BasementBlock, Full
HeatingForced Air
CoolingCentral Air
Fireplaces2
LaundryElectric Dryer Hookup, Main Level, Washer Hookup
AppliancesDishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
DiningSeparate/Formal Dining Room
AmenitiesCeiling Fan(s), Deck, Dock, Hardwood Floors, Hot Tub, Patio, Porch, Washer/Dryer Hookup, Walk-Up Attic
AccessibilityNone
Special features4 BR on One Level

Exterior & lot

ExteriorBlock, Vinyl
RoofAge 8 Years or Less, Flat, Metal, Rubber
FoundationBlock
Foundation area900 sqft
Patio/porchDeck, Front Porch, Patio
Road frontageCity Street, Curbs, Paved Streets, Sidewalks, Street Lights, Storm Sewer
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingConcrete, Off Site, Storage
Garage spaces0

Financial details

Annual taxes$2,552.72
Tax year2026
Taxes w/ assessments3168
Assessment pendingUnknown
Down payment resourceYes
Lender ownedNot Disclosed
Short saleNot Disclosed
ForeclosureNot Disclosed

Schools

District2752 - Fairmont Area Schools
District number2752
District phone5072384234
High schoolFairmont Area Schools
SODL flat fee brokerage
$10,947Estimated buyer credit
SODL platform fee $3,000Your buyer credit $10,947

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

$2,811/mo
Principal & interest$2,443
Property taxes$213
Home insurance (est.)$155
%
$92,980
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

303 Lake Avenue, Fairmont, MN, 56031

Listing information

MLS #NST7092750
StatusActive
Last updatedSep 15, 2026, 3:16 PM
Originally listedJun 15, 2026, 10:55 AM
Listing officeEXIT Realty - Great Plains

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.