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  • $526,000

    1040 Mayowood Rd SW, Rochester, MN 55902

    4beds
    2,818sqft
    Single Family
    Built in 1940
    2.01 Acres Lot
    $526,900 Zestimate®
    $187/sqft
    $2,928 Estimated rent

    Home value

    $526,900

    $501,000 - $553,000

    $2,928/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Sandra Reid 507-722-9790,

    Re/Max Results

    Bought with:

    Ron Wightman

    WightmanBrock Real Estate Advi

    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: $187/sqft
    • Tax assessed value: $515,400
    • Annual tax amount: $7,169
    • Date on market: 4/30/2026
    • Cumulative days on market: 60 days

    Price history

    DateEventPrice
    8/14/2026Sold$526,000-3.5%$187/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7037935 Report a problem
    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

    Neighborhood: 55902

    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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    Estimated market value
    $526,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $526,900