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  • $530,000

    107 The Fairway, Albert Lea, MN 56007

    4beds
    3,105sqft
    Single Family
    Built in 1916
    0.87 Acres Lot
    $537,200 Zestimate®
    $171/sqft
    $2,539 Estimated rent

    Home value

    $537,200

    Estimated sales range

    Not available

    $2,539/mo

    Zestimate® history
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    What's special

    Historic Beauty, Treehouse Views & Lakeside Living in Shoreland Heights!! Some homes are simply special and this one is no exception. Nestled in the sought-after Shoreland Heights neighborhood, this Prairie School-style treasure sits quietly on nearly an acre of land along the shores of Fountain Lake. Private, peaceful, and filled with soul, it offers a rare mix of architectural charm and modern-day comfort. From the moment you step inside, you’ll feel the history in every detail—original hardwood floors, rich woodwork, and pocket doors that speak to the craftsmanship of another time. And yet, the home has been lovingly updated, with a stunning kitchen. With four spacious bedrooms, two with en suite baths, there is room for everyone to spread out. The owner’s suite is a true retreat, where you can wake up to breathtaking views of the lake and end your day watching the sunset from your private dock or cozy patio. The top floor feels like a treehouse—perched high among the trees with expansive windows that bring in light, nature, and ever-changing views of the lake. It’s peaceful, inspiring, and filled with warmth. Outside, the yard feels like your own hidden getaway— privately tucked away, with an underground sprinkler system to keep everything thriving. A welcoming neighborhood known for its charm and community, this Shoreland Heights home is more than a place to live—it’s a place to belong. If you’ve been waiting for a home that offers beauty, history, and that hard-to-explain feeling of “this is the one,” you just found it!!

    Zillow last checked:

    Listing updated:

    Listed by:

    Dawn R. Swalve 507-383-1300,

    Coldwell Banker River Valley, REALTORS

    Bought with:

    Dawn R. Swalve

    Coldwell Banker River Valley, REALTORS

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6715773MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 2
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 264 Square Feet
    • Dimensions: 11x24
    Bedroom 2
    • Level: Upper
    • Area: 195 Square Feet
    • Dimensions: 15x13
    Bedroom 3
    • Level: Upper
    • Area: 209.25 Square Feet
    • Dimensions: 13.5x15.5
    Bedroom 4
    • Level: Upper
    • Area: 112 Square Feet
    • Dimensions: 14x8
    Dining room
    • Level: Main
    • Area: 285 Square Feet
    • Dimensions: 19x15
    Family room
    • Level: Main
    • Area: 247.25 Square Feet
    • Dimensions: 21.5x11.5
    Kitchen
    • Level: Main
    • Area: 165 Square Feet
    • Dimensions: 15x11
    Living room
    • Level: Main
    • Area: 315 Square Feet
    • Dimensions: 21x15
    Mud room
    • Level: Main
    • Area: 112 Square Feet
    • Dimensions: 8x14
    Sun room
    • Level: Main
    • Area: 130.5 Square Feet
    • Dimensions: 14.5x9
    Heating
    • Radiator
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Water Softener Owned
    Features
    • Basement: Full,Concrete
    • Has fireplace: No
    • Fireplace features: Brick, Gas, Living Room
    Interior area
    • Total structure area: 4,319
    • Total interior livable area: 3,105 sqft
    • Finished area above ground: 3,105
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Concrete, Shared Driveway, Garage Door Opener, Guest
    • Attached garage spaces: 2
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (28x22)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Front Porch, Patio
    • Pool features: None
    • Fencing: None
    • Has view: Yes
    • View description: Lake, Panoramic
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Dock, Lake Front, Lake View
    Lot
    • Size: 0.87 Acres
    Details
    • Foundation area: 1214
    • Parcel number: 341350030
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Frame
    • Roof: Tile
    Condition
    • New construction: No
    • Year built: 1916

    Utilities & green energy

    • Electric: Circuit Breakers
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Shoreland Heights Sub
    HOA
    • Has HOA: No
    Location
    • Region: Albert Lea

    Financial & listing details

    • Price per square foot: $171/sqft
    • Tax assessed value: $529,300
    • Annual tax amount: $7,568
    • Date on market: 5/9/2025
    • Cumulative days on market: 23 days

    Price history

    DateEventPrice
    7/17/2025Sold$530,000-18.4%$171/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6715773 Report a problem
    6/4/2025Pending sale$649,500$209/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6715773 Report a problem
    5/12/2025Listed for sale$649,500+52.8%$209/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6715773 Report a problem
    9/27/2019Sold$425,000-3.4%$137/sqft
    Source: NorthstarMLS as distributed by MLS GRID #5139710 Report a problem
    8/27/2019Pending sale$440,000$142/sqft
    Source: Keller Williams Premier Realty #5139710 Report a problem
    6/23/2019Price change$440,000-2.2%$142/sqft
    Source: Keller Williams Premier Realty-Rochester #5139710 Report a problem
    10/5/2018Price change$450,000-2%$145/sqft
    Source: Keller Williams Premier Realty Rochester #4087449 Report a problem
    8/31/2018Price change$459,000-2.1%$148/sqft
    Source: Keller Williams Premier Realty Rochester #4087449 Report a problem
    8/17/2018Price change$469,000-2.1%$151/sqft
    Source: Keller Williams Premier Realty Rochester #4087449 Report a problem
    6/8/2018Price change$479,000-3%$154/sqft
    Source: Keller Williams Premier Realty Rochester #4087449 Report a problem
    5/1/2018Listed for sale$494,000-1.2%$159/sqft
    Source: Keller Williams Premier Realty #4087449 Report a problem
    12/12/2017Listing removed$499,900$161/sqft
    Source: Ron Holtan Real Estate #4080460 Report a problem
    10/3/2017Price change$499,900-4.8%$161/sqft
    Source: Ron Holtan Real Estate #4080460 Report a problem
    6/7/2017Listed for sale$525,000$169/sqft
    Source: Ron Holtan Real Estate #4080460 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,568 +1.7%$529,300 +8%
    2024$7,440 +5.5%$490,100 -0.8%
    2023$7,054 +3.8%$494,100 +8.1%
    2022$6,794 +6.5%$457,200 +14.4%
    2021$6,382 $399,500 +4.6%
    2020$6,382 +65.1%$382,100
    2019$3,866 --
    2018$3,866 -0.2%--
    2016$3,874 +3.3%--
    2015$3,750 +6.5%--
    2014$3,522 -13%--
    2012$4,046 --
    2011-- --
    2010-- --
    Find assessor info on the county website

    Neighborhood: 56007

    Nearby schools

    GreatSchools rating
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