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  • Price cut: $50K (6/6)
    $849,900

    1516 Bay Oaks Dr, Albert Lea, MN 56007

    3beds
    5,175sqft
    : 
    Single Family Residence
    Built in 1980
    0.45 Square Feet Lot
    $830,600 Zestimate®
    $164/sqft
    $-- HOA

    What's special

    Wall of windowsFamily roomDining area
    Rare opportunity to own one of Southern Minnesota's great lake homes. Unparalleled lakefront living with panoramic views of Fountain Lake with this stunning 3 bedroom, 4 bathroom home. Designed by a Beverly Hills based designer of celebrity kitchens and living spaces, this home is built for entertaining friends and quiet times with family. The chef's kitchen opens to a spectacular great room with soaring ceilings and a wall of windows that includes a dining area, family room, and living room all with lake views. The home sits on the point of Edgewater Bay which provides both privacy and spectacular lake views. Take advantage of touring this home and take the first step to enjoying lakeside living.
    244 days
    on Zillow
    |
    633
    |
    20
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    Zillow last checked: 7 hours ago

    Listing updated: August 07, 2025 at 10:12am

    Listed by:

    Craig Hoium 507-473-3048,

    Century 21 Atwood

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6638372MLS Logo
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1516 Bay Oaks Dr.

    Next available tour time:Tomorrow at 9am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 2
    Rooms
    • Room types: Living Room, Dining Room, Great Room, Kitchen, Bedroom 1, Primary Bathroom, Walk In Closet, Bathroom, Family Room, Bedroom 2, Bedroom 3, Sauna, Sun Room, Laundry
    Bedroom 1
    • Level: Main
    • Area: 300 Square Feet
    • Dimensions: 20' x 15'
    Bedroom 2
    • Level: Lower
    • Area: 195 Square Feet
    • Dimensions: 15' x 13'
    Bedroom 3
    • Level: Lower
    • Area: 165 Square Feet
    • Dimensions: 15' x 11'
    Primary bathroom
    • Level: Main
    • Area: 210 Square Feet
    • Dimensions: 21' x 10'
    Bathroom
    • Level: Lower
    • Area: 72 Square Feet
    • Dimensions: 9' x 8'
    Bathroom
    • Level: Main
    • Area: 20 Square Feet
    • Dimensions: 5' x 4'
    Bathroom
    • Level: Main
    • Area: 20 Square Feet
    • Dimensions: 5' x 4'
    Dining room
    • Level: Main
    • Area: 204 Square Feet
    • Dimensions: 17' x 12'
    Family room
    • Level: Lower
    • Area: 961 Square Feet
    • Dimensions: 31' x 31'
    Great room
    • Level: Main
    • Area: 432 Square Feet
    • Dimensions: 27' x 16'
    Kitchen
    • Level: Main
    • Area: 902 Square Feet
    • Dimensions: 41' x 22'
    Laundry
    • Level: Main
    • Area: 60 Square Feet
    • Dimensions: 10' x 6'
    Living room
    • Level: Main
    • Area: 440 Square Feet
    • Dimensions: 22' x 20'
    Sauna
    • Level: Lower
    • Area: 176 Square Feet
    • Dimensions: 22' x 8'
    Sun room
    • Level: Lower
    • Area: 170 Square Feet
    • Dimensions: 17' x 10'
    Walk in closet
    • Level: Main
    • Area: 80 Square Feet
    • Dimensions: 16' x 5'
    Heating
    • Forced Air, Fireplace(s), Space Heater
    Cooling
    • Central Air
    Appliances
    • Included: Air-To-Air Exchanger, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Refrigerator, Washer, Water Softener Owned
    Features
    • Basement: Daylight,Drain Tiled,Drainage System,8 ft+ Pour,Egress Window(s),Finished,Full,Partially Finished,Tile Shower,Walk-Out Access
    • Number of fireplaces: 3
    • Fireplace features: Double Sided, Brick, Family Room, Fireplace Footings, Gas, Living Room, Stone, Wood Burning
    Interior area
    • Total structure area: 5,175
    • Total interior livable area: 5,175 sqft
    • Finished area above ground: 2,624
    • Finished area below ground: 1,862
    Video & virtual tour

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Concrete, Floor Drain, Garage, Garage Door Opener, Heated Garage, Insulated Garage, Storage
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (32 x 28)
    Accessibility
    • Accessibility features: Partially Wheelchair
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Composite Decking, Deck, Glass Enclosed, Patio, Porch, Rear Porch
    • Pool features: None
    • Fencing: None
    • Has view: Yes
    • View description: Bay, East, North, South
    • Has water view: Yes
    • Water view: Bay
    • Waterfront features: Lake Front, Waterfront Elevation(15-26), Waterfront Num(24001800), Lake Bottom(Undeveloped), Lake Acres(521), Lake Depth(14)
    • Body of water: Fountain
    • Frontage length: Water Frontage: 125
    Lot
    • Size: 0.45 Square Feet
    • Dimensions: 125' x 195'
    • Features: Accessible Shoreline, Many Trees
    • Topography: Sloped,Walkout
    Details
    • Foundation area: 2874
    • Parcel number: 341580050
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick/Stone, Cedar, Frame
    • Roof: Shake,Age Over 8 Years,Wood
    Condition
    • Age of Property: 45
    • New construction: No
    • Year built: 1980

    Utilities & green energy

    • Electric: Circuit Breakers, 200+ Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected
    • Utilities for property: Underground Utilities

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Albert Lea

    Financial & listing details

    • Price per square foot: $164/sqft
    • Tax assessed value: $719,200
    • Annual tax amount: $11,592
    • Date on market: 12/10/2024
    • Road surface type: Paved
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