Pending
$194,900
$99/sqft

Gilberts Add

514 W Mill Street, Paynesville, MN, 56362
5  Bedrooms3  Bathrooms1,965  Square Feet0.18  Acres
Days on market125
Year built1928
Garage spaces3
TypeResidential
Est. $2,847buyer credit when you buy with SODL

About this home

Spacious craftsman-style home offering 5 bedrooms plus 2 versatile bonus/flex rooms, perfect for a home office, hobby space, or guest suite. One upper-level flex room includes a convenient kitchenette, creating great potential for multi-generational living or private retreat space. The main level features 3 bedrooms, a full bath, and a Heat & Glo gas Fireplace in living room. Upstairs, you’ll find 3 additional rooms, including a bedroom with its own 3/4 bath. Recent updates include fresh paint throughout much of the home, new flooring in the dining room and upper-level hallway, a new range hood/vent, new water heater (2025), and a new water softener (2026)—making this home move-in ready while still offering room to add value. Enjoy cozy evenings by the gas fireplace, relax on the front deck, and take advantage of the 3-car garage for ample storage and parking. The unfinished basement provides additional space and future finishing potential. Located in Paynesville, this home offers a unique blend of space, functionality, and classic character.

Contact us

Home facts

Property typeResidential
Property subtypeSingle Family
Year built1928
LevelsOne and One Half
Living area1,965 sqft
Above-grade finished1,965 sqft
Below-grade finished0 sqft
Lot size0.18 acres (55 x 140)
Days on market125
ListedApr 27, 2026
MLS #NST7050304
CountyStearns
SubdivisionGilberts Add
Parcel #70387650000

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, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Property

Levels / stories
One and One Half
Garage
3 spaces · 43 x 23 · 989 sqft
Parking features
Detached Garage, Concrete, Shared Driveway, Insulated Garage
Patio & porch
Deck
Exterior features
Stucco
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Concrete
Foundation
None · 1,250 sqft
Roof
Metal
Year built
1928

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas

Community & HOA

Subdivision
Gilberts Add
HOA
No HOA
School district
741 - Paynesville
High school district
Paynesville

Financial & listing details

Annual tax
$8 (2025)
Listed
Apr 27, 2026
Days on market
125
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths1
3/4 baths1
Half baths1
1/4 baths0
BasementFull, Unfinished
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryIn Basement
AppliancesDishwasher, Dryer, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
DiningSeparate/Formal Dining Room
AmenitiesCeiling Fan(s), Deck, Hardwood Floors, Kitchen Window, Tile Floors, Walk-In Closet
AccessibilityNone
Special features3 BR on One Level, Main Floor Bedroom

Exterior & lot

ExteriorStucco
RoofMetal
FoundationNone
Foundation area1,250 sqft
Patio/porchDeck
Lot featuresIrregular Lot
Road frontageCity Street
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingDetached Garage, Concrete, Shared Driveway, Insulated Garage
Garage spaces3
Garage size989 sqft

Financial details

Annual taxes$8
Tax year2025
Taxes w/ assessments8
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District741 - Paynesville
District number741
District phone3202433410
High schoolPaynesville
SODL flat fee brokerage
$2,847Estimated buyer credit
SODL platform fee $3,000Your buyer credit $2,847

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

$1,090/mo
Principal & interest$1,024
Property taxes$1
Home insurance (est.)$65
%
$38,980
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

514 W Mill Street, Paynesville, MN, 56362

Comparable homes

Listing information

MLS #NST7050304
StatusPending
Last updatedSep 3, 2026, 7:53 PM
Originally listedMay 1, 2026, 12:00 AM
Listing officeRE/MAX Results

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.