Date
Details
Price
Change
Source
5/02/2026
Listed
$545,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Welcome to a truly rare opportunity just minutes from downtown Rochester and the world-renowned Mayo Clinic. Nestled on a private road at 1040 Maywood Rd SW, this charming ranch-style home sits on an expansive 2-acre lot-an incredibly hard-to-find setting so close to the heart of the city. Originally built in 1940 and thoughtfully expanded in 1973, this home offers a spacious and highly functional layout featuring 4 bedrooms and 3 bathrooms. Inside, you'll find two large living areas, a generous office space, and both formal and informal dining areas-perfect for everyday living and entertaining alike. The kitchen is spacious and ready for your personal touch. The home's layout lives larger than its footprint, with abundant natural light, hardwood floors, new carpet in the living room, and timeless built-ins and craftsmanship details that are rarely found in newer construction. While the home retains some classic 1970s décor, it provides a wonderful opportunity to update while preserving its character. Convenience is key with laundry hookups on both the main level and in the basement. Recent updates include a new oven (2018), water heater (2025), and a furnace serviced in November 2025. A brand-new refrigerator and dishwasher will be installed prior to closing. Outside, the property truly shines. In addition to the peaceful, private setting, you'll find two detached garages: a standard two-stall garage and a second oversized garage ideal for 2-3 vehicles, a workshop, or hobby space-complete with an attached greenhouse. Additional features include a private septic system and a shared well with one neighboring property. If you've been searching for space, privacy, and character just minutes from downtown Rochester, this is a one-of-a-kind opportunity you won't want to miss.
Full Property Details
Full Property Details for 1040 Mayowood Rd SW
General
- Price: $545,000
- Taxes: $7,169 (2026)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7037935
- Updated: 5/14/2026
- Added to Site: 15 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 2
- Appliances: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Gas Water Heater, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Eat-in kitchen: Yes
- Dining Room: Eat-In Kitchen, Kitchen/Dining Room, Separate Formal Dining Room
- Formal Dining Room: Eat In Kitchen, Kitchen/Dining Room, Separate/Formal Dining Room
- Laundry: In Basement, In Hall, Lower Level, Main Level, In Basement, In Hall, Lower Level, Main Level
Additional Information
- Amenities: Hardwood Floors, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Natural Woodwork, Washer/Dryer Hookup
Parking
- Garage: Yes
- Garage Spaces: 4
- Parking Features: Detached Garage, Multiple Garages
Location
- County: Olmsted
- Township: Rochester
- Subdivision: Faulconers Sub
- Driving Directions: North on West Circle, Left onto Bamber valley SW, Left on to Mayowood rd SW, continue past 18th and 20th. It's the next turn right after 20th. the road has no street sign. Home is at the top of the road.
School Information
- School District: 535 - Rochester
- High School District: Rochester
- Elementary School: Ben Franklin
- Middle School: Willow Creek
- High School: Mayo
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Baseboard, Forced Air, Fireplace(s)
- Heating Fuel: Natural Gas
Utilities
- Sewer: Mound Septic, Tank with Drainage Field
- Water: Shared System, Well
Structural Information
- Basement: Yes
- Basement Desc.: Block, Unfinished
- Foundation Size: 2818
- Roof: Age Over 8 Years
- Disability Access: None
- Square Feet: 2,818
- Above Ground: 2,818 Sq. Ft.
- Below Ground: 768 Sq. Ft.
- Finished Down/Base.: 3,586 Sq. Ft.
- Year Built: 1940
Additional Structures
- Other Structures: Workshop
Lot Features
- Lot Size (Acres): 2.01
- Lot Dimensions: Irregular
- Frontage: Cul-de-Sac, No Outlet/Dead End, Private Road
- Zoning: Residential-Single Family
- Lot Description: Medium Tree Coverage
Financial Considerations
- Tax Amount: $7,169.44
- Tax Year: 2026
Disclosures and Reports
- Legal Description: SECT-11 TWP-106 RANGE-014 FAULCONERS SUB ANX 12/27/2000 LOT-001 BLOCK-001 2.01 AC LOT 1 BLK 1
- Property ID: 641133062842
Listed by Re/Max Results
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NMLS#: 1598647
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Schools
Schools serving 1040 Mayowood Rd SW
School District:Rochester Public School District
| Name | Grades | Distance |
|---|---|---|
Franklin Elementary School, Rochester, MN 1801 9th Avenue Southeast, Rochester, MN 55904 | PK-5 | 1.4 mi |
Mayo Senior High School 1420 11th Avenue Southeast, Rochester, MN 55904 | 9-12 | 1.7 mi |
Willow Creek Middle School 2425 11th Avenue Southeast, Rochester, MN 55904 | 6-8 | 1.9 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 1040 Mayowood Rd SW
Tax History
Tax History for 1040 Mayowood Rd SW
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,258
27%
$514,100
9%
2023
$5,716
—
$470,700
17%
2023
$5,716
9%
$401,400
5%
2021
$5,254
-2%
$383,700
2%
2020
$5,346
1%
$375,300
—
2019
$5,294
—
$373,500
3%
2019
$5,294
8%
$363,100
9%
2017
$4,888
—
$334,000
9%
2017
$4,888
7%
$305,200
2%
2016
$4,572
—
$299,900
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1040 Mayowood Rd SW
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1040 Mayowood Road SW, Rochester, MN 55902 (MLS# 7037935) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 1040 Mayowood Road SW is currently listed for $545,000 and was received on April 30, 2026. Want to learn more about 1040 Mayowood Road SW? Do you have questions about finding other Single Family real estate for sale in Rochester? You can browse all Rochester real estate or contact a Coldwell Banker agent to request more information.