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Pending
    • $545,000

    1040 Mayowood Rd SW, Rochester, MN 55902

    4beds
    2,818sqft
    : 
    $3,511/mo
    Get pre-qualified
    Single Family
    Built in 1940
    2.01 Acres Lot
    $526,900 Zestimate®
    $193/sqft
    $-- HOA

    What's special

    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.
    92 days
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    99
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    5
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    Zillow last checked:

    Listing updated:

    Listed by:

    Sandra Reid 507-722-9790,

    Re/Max Results

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7037935MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Bedroom
      • Level: Main
      • Area: 132.5 Square Feet
      • Dimensions: 12.5x10.6
      Bedroom 2
      • Level: Main
      • Area: 215.6 Square Feet
      • Dimensions: 15.4x14
      Bedroom 3
      • Level: Main
      • Area: 209.25 Square Feet
      • Dimensions: 15.5x13.5
      Bedroom 3
      • Level: Main
      • Area: 112.8 Square Feet
      • Dimensions: 12x9.4
      Bathroom
      • Level: Main
      • Area: 63.75 Square Feet
      • Dimensions: 8.5x7.5
      Bathroom
      • Level: Main
      • Area: 48.75 Square Feet
      • Dimensions: 6.5x7.5
      Bathroom
      • Level: Main
      • Area: 13.5 Square Feet
      • Dimensions: 4.5x3
      Dining room
      • Level: Main
      • Area: 112.8 Square Feet
      • Dimensions: 12x9.4
      Family room
      • Level: Main
      • Area: 409.5 Square Feet
      • Dimensions: 19.5x21
      Informal dining room
      • Level: Main
      • Area: 86.25 Square Feet
      • Dimensions: 7.5x11.5
      Kitchen
      • Level: Main
      • Area: 285 Square Feet
      • Dimensions: 19x15
      Living room
      • Level: Main
      • Area: 522 Square Feet
      • Dimensions: 29x18
      Office
      • Level: Main
      • Area: 184 Square Feet
      • Dimensions: 16x11.5
      Heating
      • Baseboard, Forced Air, Fireplace(s)
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Gas Water Heater, Microwave, Refrigerator, Wall Oven, Washer, Water Softener Owned
      • Laundry: In Basement, In Hall, Lower Level, Main Level
      Features
      • Basement: Block,Unfinished
      • Number of fireplaces: 2
      Interior area
      • Total structure area: 3,586
      • Total interior livable area: 2,818 sqft
      • Finished area above ground: 2,818
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 4
      • Parking features: Detached Garage, Multiple Garages
      • Garage spaces: 4
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 2.01 Acres
      • Features: Tree Coverage - Medium
      Details
      • Additional structures: Workshop
      • Foundation area: 2818
      • Parcel number: 641133062842
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Roof: Age Over 8 Years
      Condition
      • New construction: No
      • Year built: 1940

      Utilities & green energy

      • Electric: Circuit Breakers
      • Gas: Natural Gas
      • Sewer: Mound Septic, Tank with Drainage Field
      • Water: Shared System, Well

      Community & HOA

      Community
      • Subdivision: Faulconers Sub
      HOA
      • Has HOA: No
      Location
      • Region: Rochester

      Financial & listing details

      • Price per square foot: $193/sqft
      • Tax assessed value: $515,400
      • Annual tax amount: $7,169
      • Date on market: 4/30/2026
      • Cumulative days on market: 64 days

        Estimated market value

        $526,900

        $501,000 - $553,000

        $2,732/mo

        Price history

        DateEventPrice
        7/1/2026Pending sale$545,000$193/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7037935 Report a problem
        5/2/2026Listed for sale$545,000$193/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7037935 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,225 +21.9%$515,300 +0.3%
        2024$5,928 $513,900 +9.2%
        2023-- $470,700 +4.5%
        2022$5,508 +4.8%$450,400 +12.5%
        2021$5,254 -1.7%$400,300 +5.1%
        2020$5,346 +1%$381,000 +3%
        2019$5,294 $369,900 +1.9%
        2017$5,294 +8.3%$363,100 +8.7%
        2016$4,888 $334,000 +9.4%
        2015$4,888 +6.9%$305,200 +1.8%
        2014$4,572 +10%$299,900
        2012$4,158 $299,900 -3%
        2011-- $309,300 -2.5%
        2010$3,964 -0.3%$317,100
        2008$3,976 $317,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 55902

        Getting around

        25 / 100
        Car-Dependent
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Ben Franklin
        • Middle: Willow Creek
        • High: Mayo

        Source: NorthstarMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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