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.
Active
Price cut: $50K (6/6)
$849,900
1516 Bay Oaks Dr, Albert Lea, MN 56007
3beds
5,175sqft
Est.:
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
- 244 days
- on Zillow |
- 633 |
- 20 |
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#: 6638372

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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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