74500 240th Street, Albert Lea, Minnesota 56007

MN, Albert Lea
$650,000
  • 3 Beds
  • 3 Bath
  • Residential Property Type
  • 1981 Year Built
  • Active Status
See All 78 Photos
Kyle Synowczynski
Kyle Synowczynski
  • (612) 688-6065
  • Kyle@StoneArchRealty.com
Property Description

A one-of-a-kind private retreat with over $400K in updates, that blends rural serenity with accessible town amenities, tucked into the gorgeous landscape of southern Minnesota. Situated on approximately 5.35 acres, this charming home features three bedrooms and two full baths , 1 new half bath & across approximately 3,180 square feet of living space.

From the moment you arrive, the setting impresses: mature landscaping, a generous lot that wraps around your home, and a stunning private pond that creates a tranquil backdrop for your everyday living. Step through the front door and you’ll find a well-laid-out open floor plan on the main level, where living, dining and kitchen spaces flow together seamlessly—ideal for both everyday comfort and entertaining. Large windows bring in natural light, and from the adjoining dining area you’ll step out onto one of two composite decks that enjoy direct views of the pond and the surrounding greenery.

The finished walkout lower level offers daylight windows and a walk-out exit give you fresh air and abundant light, creating a perfect space for a family room, game room, guest quarters or hobby studio. The back room could easily be converted back into a Mother In law kitchen. The basement is fully finished and adds substantial usable space to this home. The two-car attached garage has been converted into a car enthusiast’s dream and the property’s size and design lend themselves to outdoor pursuits — whether that’s gardening, nature watching, relaxing on the deck with a morning coffee, or simply enjoying the privacy that 5+ acres affords.

The city of Albert Lea, MN, offers far more than meets the eye: nestled between lakes, trails and green spaces, the city provides a perfect backdrop for the lifestyle many homeowners seek. The city describes itself as “the heart of southern Minnesota” with “lake. land. life.” at its core. For outdoor lovers, you’re in luck: the nearby Myre-Big Island State Park offers miles of trails, shoreline along Albert Lea Lake, camping and bird-watching. Local parks, the Blazing Star Trail, and access to lakes all invite you to get outside year-round.

When it comes to shopping, dining and neighborhood hangouts, downtown Albert Lea delivers the charm of a walkable historic district with plenty to explore. The historic downtown shopping district overlooks Fountain Lake and features more than a dozen local boutiques, coffee shops, eateries and art installations set within restored late-19th/early-20th-century architecture. Browse for unique gifts at local shops, grab a coffee and pastry to linger over, or catch a community event in the heart of town.

For daily errands, you’ll find a strong mix of local favorites and convenience stores. The city lists numerous locally-owned shops such as Midwest Antiques, Jeni’s Fine Jewelers, The Seed House and more within its retail mix. Whether it’s weekend wandering downstairs or quick errands, the options are within reach and neighboring chain stores and grocery anchors are also accessible.

The kind of country-calm property that lets you step back and unwind without ever feeling isolated from town perks. On your acreage lot you have space, privacy, nature, and a home that is thoughtfully laid out. And when you’re ready to step out, Albert Lea offers lakeside recreation, trails, events, unique shopping and a friendly small-city atmosphere.

If you like the idea of deck coffee watching the pond, sunsets across the trees, and nearby downtown strolls to local shops and cafés, this home could be the perfect match.

Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 7010518
  • Price: $650,000
  • Year Built: 1981
  • Listing Status: Active
  • Office Name: Real Broker, LLC
  • Full Bathrooms: 2
  • Property Sub Type: Single Family
  • Roof: Asphalt,Age Over 8 Years
Features
  • Swimming Pool None
  • Heating System Forced Air
  • Cooling System Central Air
  • Basement Finished,Walkout
  • Fence Chain Link
  • Fireplace Gas,Electric
  • Parking Attached Garage
  • Laundry Features Main Level,Laundry Room
  • Sewer Mound Septic
Appliances
  • Cooktop
  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Washer
  • Double Oven
  • Gas Water Heater
  • Stainless Steel Appliances
  • Wall Oven
Address Map
  • Country US
  • State MN
  • County Freeborn
  • City Albert Lea
  • Zipcode 56007
  • Street: 240th
  • Street Number: 74500
  • Street Suffix: Street
  • Longitude: W94° 36' 58.9''
  • Latitude: N43° 42' 10.8''
  • Directions: North on Bridge Ave, left onto 240th St, house will be on the right.
Neighborhood
  • High School District: Albert Lea
MLS Addon
  • Office Name: Real Broker, LLC
Additional Information
  • Water Source: Well
  • Accessibility Features: None
  • Building Size: 3320
  • Construction Materials: Concrete,Frame
  • Electric: Circuit Breakers
  • Garage: 6
  • Levels: One
  • Lot Features: Tree Coverage - Heavy,Suitable for Horses
  • Lot Size Dimensions: 275x280x225x670x50
Financial
  • Tax Annual Amount: 3844
Listing Information
  • Co List Agent Mls Id: 506009535
  • Co List Office Name: Real Broker, LLC
  • List Agent Mls Id: 505006982
  • List Office Mls Id: 200018
  • Modification Timestamp: 2026-03-25T10:02:10Z
  • Originating System Name: NorthStar
Mortgage Calculator
$
$ %
years
%
$ % per year
$ %per year
$