Listed at
$239,900
$188/sqft

Condominium 14 - Bayview Condo

401 Walnut Avenue #201, Madison Lake, MN, 56063
2  Bedrooms2  Bathrooms1,274  Square Feet0.06  Acres
Days on market349
Year built1986
Garage spaces2
HOA / month$300
TypeResidential
Est. $4,197buyer credit when you buy with SODL
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About this home

Live the Lake Life! Own this well-maintained condo and begin enjoying Madison Lake. You’ll find 1274 square feet of living space encompassing the living room with a gas fireplace, kitchen w/breakfast bar, bright dining area, primary bedroom w/walk-in closet & ensuite bath, second bedroom, full guest bath, and laundry room. You’ll appreciate the adjacent secure storage area, spacious bedrooms, hardwood floors, and freshly painted spaces. An abundance of windows throughout and a private balcony allow you to enjoy the beautiful outdoor surroundings and view of the lake. This is the only unit of the 4 Bayview condos that has 2 dedicated stalls in the underground parking garage, and also includes a rental license. Your fun on the water is enhanced with 25 feet of deeded access on Madison Lake along with ownership of half of the dock. Discover small town living with a vacation vibe, live music at local restaurants, and the Sakatah bike trail passing through town. Don’t let this be the One That Got Away - arrange for your private tour today!

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Home facts

Property typeResidential
Property subtypeLow Rise
Year built1986
LevelsOne
Living area1,274 sqft
Above-grade finished1,274 sqft
Below-grade finished0 sqft
Lot size0.06 acres (0)
Days on market349
ListedOct 14, 2025
MLS #NST6803399
CountyBlue Earth
SubdivisionCondominium 14 - Bayview Condo
Parcel #R140534430003

Facts & features

Interior

Bedrooms
2
Bathrooms
2
Bath breakdown
1 full / 1 3/4
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Rented

Property

Levels / stories
One
Garage
2 spaces
Parking features
Shared Garage/Stall, Underground
Waterfront
Lake View
Lot size
0.06 acres
Lot dimensions
0

Construction

Property type
Residential
Property subtype
Low Rise
Construction materials
Vinyl Siding
Foundation
1,274 sqft
Roof
Asphalt
Year built
1986

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Electric
Circuit Breakers

Community & HOA

Subdivision
Condominium 14 - Bayview Condo
HOA
$300/month
HOA name
Bayview Condos
HOA phone
507-317-3493
HOA includes
Maintenance Structure, Lawn Care, Maintenance Grounds, Parking, Sewer, Snow Removal
HOA amenities
Dock, Lobby Entrance, Other

Financial & listing details

Annual tax
$2,989 (2025)
Tax with assessments
3164.0000
Listed
Oct 14, 2025
Days on market
349 · 38 cumulative

Interior details

Total bathrooms2
Full baths1
3/4 baths1
Half baths0
1/4 baths0
BasementNone
HeatingForced Air
CoolingCentral Air
Fireplaces1
AppliancesDishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Rented
AccessibilityNone

Exterior & lot

RoofAsphalt
Foundation area1,274 sqft
Lot featuresAccessible Shoreline
Road frontagePaved Streets, Sidewalks
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected

Parking & garage

ParkingShared Garage/Stall, Underground
Garage spaces2

Financial details

Annual taxes$2,989
Tax year2025
Taxes w/ assessments3164.0000
Assessment pendingNo
HOA fee$300
Down payment resourceY
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number77
District phone507-387-1868
High schoolMankato
SODL flat fee brokerage
$4,197Estimated buyer credit
SODL platform fee $3,000Your buyer credit $4,197

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

$1,890/mo
Principal & interest$1,261
Property taxes$249
Home insurance (est.)$80
HOA fees$300
%
$47,980
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

401 Walnut Avenue #201, Madison Lake, MN, 56063

Listing information

MLS #NST6803399
StatusActive
Last updatedNov 21, 2025, 7:44 PM
Originally listedOct 14, 2025, 8:24 PM
Listing officeRE/MAX Venture

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.