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Active
    • $489,900

    303 Lake Ave, Fairmont, MN 56031

    5beds
    3,129sqft
    : 
    $3,372/mo
    Get pre-qualified
    Single Family
    Built in 1943
    0.31 Acres Lot
    $467,700 Zestimate®
    $157/sqft
    $-- HOA

    What's special

    Electric fireplaceBreakfast barOriginal pocket doorsBreathtaking lake viewsFormal dining roomStunning original staircaseWalk-up attic
    Truly a one-of-a-kind lakefront home on Lake Sisseton, with historic charm and modern conveniences. 65 feet of shoreline with gradual, terraced lake bank. 5BR/3BA, over 3,000 finished sqft, breathtaking lake views and several outdoor seating areas on the front porch and in the backyard. The foyer greets you with a stunning original staircase and ornate room divider that showcase the home's preserved architecture. Living room features an electric fireplace and original pocket doors that open to the formal dining room. Spacious kitchen includes a pantry, laundry area, and staircase leading to an upstairs bedroom. Breakfast bar, ¾ bath and great room (dining area, electric fireplace, sliding doors to the backyard oasis) complete the main level. Upstairs: 4BR/1 full BA. Two adjoining bedrooms are separated by original room-divider doors. Another bedroom offers access to a potential balcony with lake views. Two bedrooms also provide access to the walk-up attic, where the fifth bedroom is located. Basement: storage, utilities, exercise space, sauna, half bath, and workshop. Outside: lakeside living with hot tub room and outdoor kitchen. Historic former garage is now two storage areas with an attic. This is lake life at its BEST! Don't miss it!
    42 days
    |
    1,234
    |
    36
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Kreiss 507-848-8102,

    EXIT Realty - Great Plains

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7092750MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      Bedroom
      • Level: Second
      • Area: 165 Square Feet
      • Dimensions: 15x11
      Bedroom 2
      • Level: Second
      • Area: 133.21 Square Feet
      • Dimensions: 12.11x11
      Bedroom 3
      • Level: Second
      • Area: 119.9 Square Feet
      • Dimensions: 11x10.9
      Bedroom 4
      • Level: Second
      • Area: 152.95 Square Feet
      • Dimensions: 13.3x11.5
      Bedroom 5
      • Level: Third
      • Area: 677.28 Square Feet
      • Dimensions: 27.2x24.9
      Dining room
      • Level: Main
      • Area: 162.5 Square Feet
      • Dimensions: 13x12.5
      Exercise room
      • Level: Basement
      • Area: 258.03 Square Feet
      • Dimensions: 18.3x14.10
      Foyer
      • Level: Main
      • Area: 166.5 Square Feet
      • Dimensions: 14.11x11.8
      Great room
      • Level: Main
      • Area: 344.72 Square Feet
      • Dimensions: 27.8x12.4
      Kitchen
      • Level: Main
      • Area: 146.52 Square Feet
      • Dimensions: 13.2x11.10
      Laundry
      • Level: Main
      • Area: 31.98 Square Feet
      • Dimensions: 7.8x4.10
      Living room
      • Level: Main
      • Area: 195 Square Feet
      • Dimensions: 15x13
      Storage
      • Level: Basement
      • Area: 40 Square Feet
      • Dimensions: 10x4
      Utility room
      • Level: Basement
      • Area: 121.2 Square Feet
      • Dimensions: 12x10.1
      Workshop
      • Level: Basement
      • Area: 321.86 Square Feet
      • Dimensions: 26.6x12.10
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
      • Laundry: Electric Dryer Hookup, Main Level, Washer Hookup
      Features
      • Basement: Block,Full
      • Number of fireplaces: 2
      • Fireplace features: Electric, Family Room, Living Room
      Interior area
      • Total structure area: 4,029
      • Total interior livable area: 3,129 sqft
      • Finished area above ground: 3,129
      • Finished area below ground: 0

      Property

      Parking
      • Parking features: Concrete, Off Site, Storage
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Deck, Front Porch, Patio
      • Has spa: Yes
      • Spa features: Hot Tub
      • Fencing: Partial,Privacy,Wood
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      • Waterfront features: Lake Front, Waterfront Elevation(26-40), Lake Bottom(Rocky, Soft)
      • Frontage length: Water Frontage: 65
      Lot
      • Size: 0.31 Acres
      • Dimensions: 210 x 65 x 200 x 65
      Details
      • Additional structures: Storage Shed
      • Foundation area: 900
      • Parcel number: 230401050
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Roof: Age 8 Years or Less,Flat,Metal,Rubber
      Condition
      • New construction: No
      • Year built: 1943

      Utilities & green energy

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

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Fairmont

      Financial & listing details

      • Price per square foot: $157/sqft
      • Tax assessed value: $199,100
      • Annual tax amount: $2,552
      • Date on market: 6/15/2026
      • Road surface type: Paved

        Estimated market value

        $467,700

        $444,000 - $491,000

        $2,263/mo

        Price history

        DateEventPrice
        6/15/2026Listed for sale$489,900+651.4%$157/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7092750 Report a problem
        2/25/2016Sold$65,200-22.8%$21/sqft
        Source: NorthstarMLS as distributed by MLS GRID #5182648 Report a problem
        1/22/2016Price change$84,500+745%$27/sqft
        Source: Countywide Real Estate #6011302 Report a problem
        12/22/2015Price change$10,000-88.2%$3/sqft
        Source: Williams & Williams Worldwide Real Estate Auction Report a problem
        11/23/2015Price change$84,500-19.1%$27/sqft
        Source: Countywide Real Estate #6011302 Report a problem
        10/18/2015Price change$104,500-13.9%$33/sqft
        Source: Countywide Real Estate #6011302 Report a problem
        9/4/2015Listed for sale$121,400+33%$39/sqft
        Source: Countywide Real Estate #6011302 Report a problem
        10/15/2014Sold$91,269$29/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,502 +15.8%$199,100 +19.6%
        2024$2,160 -2.3%$166,500 +14.7%
        2023$2,210 +0.3%$145,200 +4%
        2022$2,204 +0.3%$139,600 +7.5%
        2021$2,198 +34.7%$129,900 +21.1%
        2020$1,632 $107,300 -0.1%
        2018$1,632 +16.3%$107,400 +3.7%
        2017$1,403 +6%$103,600 +1.9%
        2016$1,323 +33.5%$101,700 +29.1%
        2015$991 -4.4%$78,800 +12.9%
        2013$1,037 +5.1%$69,800 -0.6%
        2012$987 $70,200
        2011-- --
        2010-- $98,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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: 56031

        Getting around

        39 / 100
        Car-Dependent
        41 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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