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$700,000 Contingent

  • For Sale
  • Contingent
  • Single Family
  • 2 Beds
  • 2 Partial Baths
  • 1,656 Sq. Ft.
  • 2 Car Garage
  • Updated 4 days ago
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Set along the water on Peterson Lake, this 2 bedroom, 2 bath ranch pairs incredible river views with an inviting, open interior designed to keep the scenery front and center. The heart of the home is the expansive great room, where a vaulted wood ceiling with exposed beams, a dramatic stone fireplace, and walls of windows create a warm, distinctive gathering space overlooking the water and surrounding bluffs. The adjoining kitchen offers abundant cabinetry, granite countertops, stainless steel appliances, and an oversized island with plenty of seating, while the dining area sits alongside the impressive stone fireplace. Large sliding doors open to a spacious waterfront deck, extending the living space outdoors and providing an ideal setting for dining, relaxing, and taking in the changing river views. The main-level layout also includes two bedrooms, two bathrooms, and convenient laundry, including a primary suite with a private bath featuring dual sinks and a tiled shower. An attached 2 car garage provides additional storage, with even more unfinished space below. Outside, the property includes owned riverbank, a stairway leading down toward the shoreline, and access to Peterson Lake and the Mississippi River. A beautiful setting for enjoying boating, fishing, wildlife, and the everyday rhythm of life on the water.

Full Property Details for 65054 140th Ave

General

  • Price: $700,000
  • Taxes: $3,872 (2026)
  • Status: Contingent
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7127837
  • Updated: 8/21/2026
  • Added to Site: 12 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Dryer, Refrigerator, Washer

Rooms

Bathrooms

  • Total Bathrooms: 2
  • 3/4 Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Dining Room: Informal Dining Room, Kitchen/Dining Room, Living/Dining Room
  • Formal Dining Room: Informal Dining Room, Kitchen/Dining Room, Living/Dining Room
  • Laundry: Main Level, Main Level

Additional Information

  • Amenities: Deck, Dock, Kitchen Center Island, Skylight, Vaulted Ceiling(s)

Exterior

  • Porch/Patio/Deck: Deck

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Parking Features: Attached Garage

Location

  • County: Wabasha
  • Township: Wabasha
  • Driving Directions: From Cty Rd 30 (Hiawtha Dr.), turn on Cty Rd 24, turn on to 652nd St, turn right on 140th Ave.

School Information

  • School District: 811 - Wabasha-Kellogg
  • High School District: Wabasha-Kellogg

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air
  • Heating Fuel: Propane

Utilities

  • Sewer: Private Sewer
  • Water: Well

Structural Information

  • Basement: Yes
  • Basement Desc.: Block, Partial, Unfinished
  • Foundation Size: 1656
  • Roof: Asphalt
  • Disability Access: None
  • Square Feet: 1,656
  • Above Ground: 1,656 Sq. Ft.
  • Below Ground: 364 Sq. Ft.
  • Finished Down/Base.: 2,020 Sq. Ft.
  • Year Built: 1984

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Dimensions: 62 x 180
  • Zoning: Residential-Single Family

Water Features

  • Water Front Desc.: Lakefront
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $3,872
  • Tax Year: 2026

Disclosures and Reports

  • Legal Description: Schnell's Lakeside, Lot-019 Block-002 & 50' X 50'adj of Lot 4 Blk 2 & area adj to Twn Rd & to River (doc#216061)
  • Property ID: 50047600

Listed by Re/Max Results

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— 65054 140th Ave —

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Schools serving 65054 140th Ave

School District:Wabasha-Kellogg Public School District
NameGradesDistance
Wabasha-Kellogg Elementary School
2113 Hiawatha Drive East, Wabasha, MN 55981
PK-63.9 mi
Wabasha-Kellogg Secondary
2113 Hiawatha Drive East, Wabasha, MN 55981
7-123.9 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 65054 140th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/14/2026
Listed
$700,000
105.88%
MLS
10/24/2012
Sold
$340,000
—
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 65054 140th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2026
$3,872
8%
$489,300
6%
2025
$3,582
1%
$459,800
9%
2023
$3,558
—
$420,300
-2%
2023
$3,558
11%
$430,800
21%
2021
$3,218
—
$355,700
-12%
2023
$3,210
—
$402,100
21%
2021
$3,218
—
$332,600
—
2020
$3,232
20%
$333,600
28%
2019
$2,688
3%
$260,200
—
2017
$2,618
-2%
$261,100
100%
2015
$2,678
—
—
View All
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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65054 140th Avenue, Wabasha, MN 55981 (MLS# 7127837) is a Single Family property with 2 bedrooms, 0 full bathrooms and 2 partial bathrooms. 65054 140th Avenue is currently listed for $700,000 and was received on August 14, 2026. Want to learn more about 65054 140th Avenue? Do you have questions about finding other Single Family real estate for sale in Wabasha? You can browse all Wabasha real estate or contact a Coldwell Banker agent to request more information.

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