Lakefront living at its best! Walkout to your dock with no stairs and enjoy Budd Lake in Fairmont with an amazing view! Inside this 3 level split home, you'll find 3 bedrooms and 3 baths. The updated kitchen has Alder wood cabinets with soft close and pantry. The kitchen is open to the informal dining room and has access to the wraparound deck, one living space with hardwoods next to the dining room. Another level has a 1/2 bath, laundry and bonus room with decorative fireplace. The basment is finished with a family room, kitchenette, 3/4 bathroom, another bonus room that could be another bedroom, and walkout to the patio and backyard. The top level has 3 bedrooms and full bathroom. Roof 2014. Hot water heater 2022. Beautifully landscaped. Some newer windows. This home has more space than it looks with one of the best lake frontages in Fairmont!
Closed
$475,000
1422 Oak Beach Dr, Fairmont, MN 56031
3beds
3,472sqft
Single Family Residence
Built in 1961
9,191 Square Feet Lot
$504,800 Zestimate®
$137/sqft
$2,004 Estimated rent
Home value
$504,800
$475,000 - $540,000
$2,004/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Bought with:
Kim Kreiss
EXIT Realty - Great Plains
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6570517
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bathroom
- Description: 3/4 Basement,Main Floor 1/2 Bath,Upper Level Full Bath
Dining room
- Description: Informal Dining Room
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: Main Level
Features
- Basement: Finished,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Decorative, Gas
Interior area
- Total structure area: 3,472
- Total interior livable area: 3,472 sqft
- Finished area above ground: 2,436
- Finished area below ground: 1,036
Property
Parking
- Total spaces: 1
- Parking features: Attached, Concrete, Tuckunder Garage
- Attached garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Three Level Split
- Patio & porch: Deck, Wrap Around
- Has view: Yes
- View description: Lake, Panoramic
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Waterfront Elevation(4-10), Lake Bottom(Sand)
- Frontage length: Water Frontage: 50
Lot
- Size: 9,191 Square Feet
- Dimensions: 184 x 50
- Features: Accessible Shoreline, Tree Coverage - Light
Details
- Additional structures: Storage Shed
- Foundation area: 1036
- Parcel number: 231880440
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Oak Beach
HOA
- Has HOA: No
Location
- Region: Fairmont
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $466,300
- Annual tax amount: $4,573
- Date on market: 2/17/2026
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2024 | Sold | $475,000$137/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6570517 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,690 +1% | $466,300 +31.1% |
| 2024 | $4,642 -4.9% | $355,800 -2.4% |
| 2023 | $4,882 +1.6% | $364,500 +2.1% |
| 2022 | $4,806 +25.5% | $357,000 +7.9% |
| 2021 | $3,828 +10.4% | $330,900 +34.2% |
| 2020 | $3,466 -7.3% | $246,500 -2.8% |
| 2018 | $3,738 +46.9% | $253,600 +37.2% |
| 2017 | $2,544 +9.5% | $184,900 +5.3% |
| 2016 | $2,323 +3.6% | $175,600 -5.1% |
| 2015 | $2,242 -17.8% | $185,100 -4.4% |
| 2013 | $2,726 +3.4% | $193,600 +0.1% |
| 2012 | $2,637 | $193,400 |
| 2011 | -- | -- |
| 2010 | -- | $216,000 |
Find assessor info on the county website
Neighborhood: 56031
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Nearby schools
GreatSchools rating
- 3/10Fairmont Elementary SchoolGrades: PK-6Distance: 1 mi
- 6/10Fairmont High SchoolGrades: 7-12Distance: 0.6 mi
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- Minnesota
- Martin County
- Fairmont
- 56031
- 1422 Oak Beach Dr
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