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$464,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 2,957 Sq. Ft.
  • 2 Car Garage
  • Updated 4 days ago
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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.

Full Property Details for 115 South Ln

General

  • Price: $464,900
  • Taxes: $6,974 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7090884
  • Updated: 6/16/2026
  • Added to Site: 6 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 4
  • Fireplace(s): Family Room, Gas, Living Room, Primary Bedroom
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Softener Owned

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Dining Room: Informal Dining Room
  • Formal Dining Room: Informal Dining Room
  • Laundry: Laundry Closet, Laundry Closet

Additional Information

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

Exterior

  • Porch/Patio/Deck: Deck, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached Garage, Asphalt, Concrete

Location

  • County: Freeborn
  • Township: Albert Lea
  • Subdivision: Shoreland Heights Sub
  • Driving Directions: West on Fountain Street, then north onto Lakeview Blvd, then east onto the Fairway, south on South Lane.

School Information

  • School District: 241 - Albert Lea
  • High School District: Albert Lea

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Hot Water
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Exterior Const.: Frame
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Daylight/Lookout Windows, Egress Window(s), Finished, Full, Storage Space, Walk-Out
  • Foundation Size: 1546
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 2,957
  • Above Ground: 1,921 Sq. Ft.
  • Below Ground: 1,546 Sq. Ft.
  • Finished Down/Base.: 3,467 Sq. Ft.
  • Year Built: 1964

Lot Features

  • Lot Size (Acres): 0.309
  • Lot Dimensions: 117 x 214
  • Frontage: City Street, Paved Streets, Street Lights, Storm Sewer
  • Zoning: Residential-Single Family
  • Lot Description: Irregular Lot, Medium Tree Coverage
  • Fencing (Description): Split Rail

Water Features

  • Water Front Desc.: Dock, Lakefront, Lake View
  • Water Front Feet: 194
  • Water Front Elev.: 15-26
  • Lake Front: Yes
  • Lake Bottom: Sand

Financial Considerations

  • Tax Amount: $6,974
  • Tax Year: 2026
  • Terms: Conventional, VA, FHA, Cash, Rural Development, USDA

Disclosures and Reports

  • Legal Description: REV DESC NO. 1425 PT LOTS 7 & 8 BLK 1 SHORELAND HEIGHTS SUBD CITY OF ALBERT LEA
  • Property ID: 341350060

Listed by Dwell Realty Group LLC

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Listing agent

— 115 South Ln —

  • Dwell Realty Group LLC

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 115 South Ln

School District:Albert Lea Public School District
NameGradesDistance
Lakeview Elementary School, Albert Lea, MN
902 Abbott Street, Albert Lea, MN 56007
K-50.4 mi
Southwest Middle School
1601 West Front Street, Albert Lea, MN 56007
6-71.3 mi
Albert Lea Senior High School
2000 Tiger Lane, Albert Lea, MN 56007
8-121.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 115 South Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/15/2026
Listed
$464,900
10.69%
MLS
7/06/2022
Sold
$420,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 115 South Ln

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,194
—
$461,800
13%
2023
$6,164
18%
$407,100
—
2023
$5,236
6%
$408,700
18%
2020
$4,956
—
$345,100
15%
2020
$4,956
—
$300,300
5%
2020
$4,956
1%
$287,100
—
2019
$4,918
9%
$287,100
100%
2018
$4,494
9%
100%
2016
$4,110
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Dwell Realty Group LLC

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115 South Lane, Albert Lea, MN 56007 (MLS# 7090884) is a Single Family property with 4 bedrooms and 2 full bathrooms. 115 South Lane is currently listed for $464,900 and was received on June 15, 2026. Want to learn more about 115 South Lane? Do you have questions about finding other Single Family real estate for sale in Albert Lea? You can browse all Albert Lea real estate or contact a Coldwell Banker agent to request more information.

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