1705 Oakwood Terrace Albert Lea, MN $ 35,000
1705 Oakwood Terrace
$ 35,000
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1705 Oakwood Terrace

Albert Lea, MN, 56007
$ 35,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 242

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Lots and Land for sale in Albert Lea, MN

for $35,000. The lot size is 0.33.

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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Lots and Land Active

Price

$ 35,000

Property Type

Lots and Land

Taxes

$ 532

Style

Lot Size

0.33

Town/City

Albert Lea

County/Region

Freeborn

MLS | Web ID

7117989

Features
General
Utilities Electricity Available Natural Gas Available None Connected Sewer Available Storm Sewer Available Phone Available Water Available
Development Status Rough Grade
HOA Fee 0
View Lake
Topography Hilly Sloped Walkout
Tax Year 2026
Waterfront Features Deeded Access Lake Front Lake View
County Freeborn
Property Type Land
HOA N
Contingency None
Subdivision Name Oak Knoll Sub
Directions South on S. Broadway turn left onto S. Shore Dr. then left onto Oakwood Terrace. Property is on the left at 1705 Oakwood Terrace.
City Albert Lea
High School District Albert Lea
Zoning Description Residential-Multi-Family Shoreline Residential-Single Family
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 532.48
Additional Parcels Y/N N
Standard Status Active
Restrictions Open
Lender Owned No
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Exterior
Lot Features Additional Land Available Accessible Shoreline Irregular Lot Tree Coverage - Heavy
Inclusions Survey Survey Stakes
Lot Size Area 0.33
Lot Dimensions 112x143x79x156
Waterfront Y/N Y
Road Frontage Type City Street
Road Responsibility Public Maintained Road
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Interior
Basement (Y/N) N
Waterfront Feet 77
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Internal Only
Street Number 1 1705
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* Excluded Features
List By
Leland Realty

Broker

schuster.lucas@gmail.com

Email

Affordability Calculator

$286
Per Month
85%
15%
0%
Monthly Principal & Interest
$242
Monthly Property Taxes
$44
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708674 Elementary School
708663 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/30/2026$35,000 Listed Price

Map


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1705 Oakwood Terrace, Albert Lea, MN, 56007 is a Lots and Land for sale at $35,000 with a lot size of 0.33. 1705 Oakwood Terrace has 0.0 baths. The property's zip code is 56007 which is in Albert Lea, MN