$849,900

1516 Bay Oaks Drive, Albert Lea, MN 56007

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$849,900

(50,000) 06/06/2025

1516 Bay Oaks Drive Albert Lea, MN 56007 - Fountain

For Sale MLS# 6638372

3 beds 4 baths 4,486 sq ft Single Family

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Data current as of 31/12/2025 19:54:25

Details for 1516 Bay Oaks Drive

MLS# 6638372

Description for 1516 Bay Oaks Drive, Albert Lea, MN, 56007 - Fountain


Rare opportunity to own one of Southern Minnesota's great lake homes. Unparalleled lakefront living with panoramic views of Fountain Lake with this stunning 3 bedroom, 4 bathroom home. Designed by a Beverly Hills based designer of celebrity kitchens and living spaces, this home is built for entertaining friends and quiet times with family. The chef's kitchen opens to a spectacular great room with soaring ceilings and a wall of windows that includes a dining area, family room, and living room all with lake views. The home sits on the point of Edgewater Bay which provides both privacy and spectacular lake views. Take advantage of touring this home and take the first step to enjoying lakeside living.

Listing Information


Property Type: Residential, Single Family, Ranch-Style Home

Status: Active

Bedrooms: 3

Bathrooms: 4

Lot Size: 0.45 Acres

Square Feet: 4,486 sq ft

Year Built: 1980

Foundation: 2,874 sq ft

Garage: Yes

Stories: 1 Story

County: Freeborn

Days On Market: 386

Construction Status: Previously Owned

School Information


District: 241 - Albert Lea

Room Information


Main Floor

Bathroom: 5' x 4'

Bathroom: 5' x 4'

Bedroom 1: 20' x 15'

Dining Room: 17' x 12'

Great Room: 27' x 16'

Kitchen: 41' x 22'

Laundry: 10' x 6'

Living Room: 22' x 20'

Primary Bath: 21' x 10'

Walk-In Closet: 16' x 5'

Lower Floor

Bathroom: 9' x 8'

Bedroom 2: 15' x 13'

Bedroom 3: 15' x 11'

Family Room: 31' x 31'

Spa or Sauna Room: 22' x 8'

Sun Room: 17' x 10'

Bathrooms

Full Baths: 1

3/4 Baths: 1

1/2 Baths: 2

Additonal Room Information

Family: Family Room,Great Room,Lower Level

Dining: Breakfast Area,Breakfast Bar,Eat In Kitchen,Kitchen/Dining Room,Separate/Formal Dining Room

Laundry: Washer Hookup, Laundry Room, Electric Dryer Hookup, Main Level, Sink

Bath Description: Double Sink,Sauna,3/4 Basement,3/4 Jack & Jill,Full Primary,Jetted Tub,Main Floor 1/2 Bath,Main Floor Full Bath,Private Primary,Separate Tub & Shower,Walk-In Shower Stall

Interior Features


Square Footage above: 2,624 sq ft

Square Footage below: 1,862 sq ft

Appliances: Gas Water Heater, Refrigerator, Microwave, Washer, Water Softener - Owned, Dryer, Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal

Basement: Drain Tiled, Drainage System, Finished (Livable), Full, Egress Windows, Partial Finished, Walkout, Daylight/Lookout Windows

Fireplaces: 3, Gas Burning, Family Room, Brick, 2-Sided, Living Room, Stone, Fireplace Footings, Wood Burning

Accessibility: Partially Wheelchair

Additional Interior Features: Kitchen Window, Natural Woodwork, Local Area Network, Sauna, Security System, Paneled Doors, Washer/Dryer Hookup, Vaulted Ceiling(s), Walk-In Closet, Skylight, Sun Room, Main Floor Laundry, Tile Floors, Kitchen Center Island, Main Floor Primary, Primary Bdr Suite, Main Floor Bedroom

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Cooling: Central

Heating: Space Heater, Fireplace, Forced Air, Natural Gas

Exterior / Lot Features


Attached Garage: Attached Garage

Garage Spaces: 3

Parking Description: Attached Garage, Driveway - Concrete, Insulated Garage, Garage Door Opener, Heated Garage, Floor Drain, Storage, Finished Garage, Garage Dimensions - 32 x 28, Garage Sq Ft - 886.0

Exterior: Brick/Stone, Cedar

Roof: Wood Shingles, Shakes, Age Over 8 Years

Lot View: Bay,East,North,South

Lot Dimensions: 125' x 195'

Zoning: Residential-Single Family

Topography: Walkout, Sloped

Additional Exterior/Lot Features: Panoramic View, Porch, Patio, Hot Tub, Accessible Shoreline, In-Ground Sprinkler, Tree Coverage - Medium, Underground Utilities, Road Frontage - Street Lights, Storm Sewer, City, Curbs, Paved Streets

Soil Type: Sand

Waterfront Details


Standard Water Body: Fountain

DNR Lake ID: 24001800

Water Front Features: Lake Front

Water Frontage Length: 125 Ft.

Lake Acres: 522

Lake Depth: 14 Ft.

Lake Bottom: Undeveloped

Waterfront Slope: Steep

Driving Directions


Traveling northbound on Highway 13, turn right on Bay Oaks Dr and the listed property is on the right side of the road.

Financial Considerations


Other Annual Tax: $66

Tax/Property ID: 341580050

Tax Amount: 11592

Tax Year: 2024

HomeStead Description: Homesteaded

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Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.

Sales History

Date Price Change
Currently not available.

Tax Summary

Tax Year Estimated Market Value Total Tax
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Schools nearby 1516 Bay Oaks Drive

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Data powered by ATTOM Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.

SchoolDigger ® Rating

The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.

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