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115 South Lane, Albert Lea, MN 56007

New Listing

$464,900

Property Type: Residential Bedrooms: 4 Baths: 2 Square Footage: 3,467 Lot Size (sq. ft.): 13,068 Status: Active

Current Price: $464,900 List Date: 6/16/2026 Last Modified: 6/19/2026

Overview

Description

Wake up each morning to panoramic views of beautiful Fountain Lake. This inviting 4-bedroom, 2-bath lakefront home offers an exceptional combination of comfort, convenience, and outdoor enjoyment. Expansive walls of windows bring the lakefront setting indoors, providing picturesque views from many of the home's living spaces. Step outside onto the spacious deck overlooking the water, perfect for morning coffee, summer barbecues, or simply enjoying the sunset. The walkout lower level opens to a patio, ideal for pets, play, or private outdoor relaxation. With main-floor laundry, an attached two-car garage, ample storage, and extra paved parking, this home is designed for easy living. Nearby walking trails, parks, and assigned dock space #164 complete this outstanding Fountain Lake lifestyle opportunity.

Listing Details MLS# 7090884

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 4
Road Btwn WF & Home?: Yes
Waterfront Frontage: 194
Waterfront YN: Yes
Year Built: 1964
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 2
Main Floor Total SqFt: 1546
Above Grd Total SqFt: 1921
Below Grd Total SqFt: 1546
Total SqFt: 3467
Total Finished Sqft: 2957.00
FireplaceYN: Yes
Lake/Waterfront Name: Fountain
Style: (SF) Single Family
Foundation Size: 1546
Garage Stalls: 2
Lot Dimensions: 117x214
Acres: 0.3
Assessment Pending: No
Bath Three Quarters: 0
Bath Half: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Ceiling Fan(s); Deck; Hardwood Floors; Panoramic View; Patio; Skylight; Vaulted Ceiling(s); Washer/Dryer Hookup Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Concrete Block; Egress Windows; Full; Storage Space Bath Description: Main Floor Full Bath; Full Basement; Jetted Tub; Separate Tub & Shower; Walk-In Shower Stall Construction Materials: Frame Construction Status: Previously Owned Dining Room Description: Informal Dining Room Electric: 200+ Amp Service; Circuit Breakers Elevation Highpoint to Waterfront Slope: Gradual Existing Financing: Conventional Exterior: Wood Family Room Characteristics: 2 or More; Lower Level; Main Level Fencing: Split Rail Fireplace Characteristics: Family Room; Gas Burning; Living Room; Primary Bedroom Foundation: Concrete Block Fuel: Natural Gas Heating: Forced Air; Hot Water Internet Options: Cable; DSL; Fiber Optic; Satellite Lake Details: Sand Laundry: Laundry Closet Lock Box Type: Supra Lot Description: Irregular Lot; Tree Coverage - Medium Road Frontage: City Street; Paved Streets; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Asphalt Shingles Sellers Terms: Cash; Conventional; FHA; Rural Development; VA Sewer: City Sewer/Connected Special Search: Main Floor Bedroom; Main Floor Laundry Stories: One Water: City Water/Connected Waterfront View: Lake; Panoramic; South

Contract Information

Contingency: None
Original List Price: 464900
ListPrice: 464900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 115
Street Name: South
Street Suffix: Lane
Postal City: Albert Lea
County: Freeborn
State: MN
Zip Code: 56007
Complex/Dev/Subdivision: Shoreland Heights Sub

Assessments

Tax With Assessments: 6974
Assessment Balance: 0
Assessment Installment: 0

Building Information

Finished SqFt Above Ground: 1921
Finished SqFt Below Ground: 1036

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet: 15-26

Lake Details

Lake Acres: 521
Lake Depth: 14
Sand: Yes

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: SEMR
Supra: Yes

Miscellaneous Information

DP Resource: Yes
Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 505

Office/Member Info

Association: SEMR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: REV DESC NO. 1425 PT LOTS 7 & 8 BLK 1 SHORELAND HEIGHTS SUBD CITY OF ALBERT LEA
Listing City: Albert Lea
Map Page: 999
Municipality: Albert Lea
School District: Albert Lea
School District Phone: 507-379-4800
DNR Lake ID#: 24001800
DNR Lake Classification: Not Applicable
Zip Plus 4: 1449
Property ID Number: 341350060
Tax Year: 2026
Tax Amount: 6974
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Wake up each morning to panoramic views of beautiful Fountain Lake. This inviting 4-bedroom, 2-bath lakefront home offers an exceptional combination of comfort, convenience, and outdoor enjoyment. Expansive walls of windows bring the lakefront setting indoors, providing picturesque views from many of the home's living spaces. Step outside onto the spacious deck overlooking the water, perfect for morning coffee, summer barbecues, or simply enjoying the sunset. The walkout lower level opens to a patio, ideal for pets, play, or private outdoor relaxation. With main-floor laundry, an attached two-car garage, ample storage, and extra paved parking, this home is designed for easy living. Nearby walking trails, parks, and assigned dock space #164 complete this outstanding Fountain Lake lifestyle opportunity.
Directions: West on Fountain Street, then north onto Lakeview Blvd, then east onto the Fairway, south on South Lane.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Ceiling Fan(s): Yes
Deck: Yes
Hardwood Floors: Yes
Panoramic View: Yes
Patio: Yes
Skylight: Yes
Vaulted Ceiling(s): Yes
Washer/Dryer Hookup: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Assumable Loan

Not Assumable: Yes

Basement

Concrete Block: Yes
Egress Windows: Yes
Full: Yes
Storage Space: Yes

Bath Description

Main Floor Full Bath: Yes
Full Basement: Yes
Jetted Tub: Yes
Separate Tub & Shower: Yes
Walk-In Shower Stall: Yes

Construction Materials

Frame: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Informal Dining Room: Yes

Electric

200+ Amp Service: Yes
Circuit Breakers: Yes

Elevation Highpoint to Waterfront Slope

Gradual: Yes

Existing Financing

Conventional: Yes

Exterior

Wood: Yes

Family Room Characteristics

2 or More: Yes
Lower Level: Yes
Main Level: Yes

Fencing

Split Rail: Yes

Fireplace Characteristics

Family Room: Yes
Gas Burning: Yes
Living Room: Yes
Primary Bedroom: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes
Hot Water: Yes

Insurance Fee

Insurance Fee: 0

Internet Options

Cable: Yes
DSL: Yes
Fiber Optic: Yes
Satellite: Yes

Laundry

Laundry Closet: Yes

Lot Description

Irregular Lot: Yes
Tree Coverage - Medium: Yes

Patio, Porch and Deck Features

Deck: Yes
Patio: Yes

Road Frontage

City Street: Yes
Paved Streets: Yes
Storm Sewer: Yes
Street Lights: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Asphalt Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
Rural Development: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Special Search

Main Floor Bedroom: Yes
Main Floor Laundry: Yes

Stories

One: Yes

Water

City Water/Connected: Yes

Waterfront View

Lake: Yes
Panoramic: Yes
South: Yes

Room Information

Room Name	Dimensions	Level
Bathroom	10x12	Main
Bathroom	8x17	Lower
Dining Room	11x12	Main
Family Room	20x21	Main
Family Room	11x23	Lower
First (1st) Bedroom	13x15	Main
Fourth (4th) Bedroom	11x13	Lower
Kitchen	13x14	Main
Laundry	8x10	Main
Living Room	15x24	Main
Second (2nd) Bedroom	15x18	Main
Third (3rd) Bedroom	12x13	Lower

Listing Office: Dwell Realty Group LLC

Last Updated: June - 19 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.