Lori Gustafson

2702 Mayo Prairie Lane Sw

Rochester, MN
$ 1,350,000 Beds 5 Baths 3.5 Sq 5,169
Monthly Estimate* How much can I afford?

Completed in May 2024, this nearly new home is located at the end of a cul-de-sac in the Mayo Prairie area of SW Rochester. The home offers 4 bedrooms, 4 bathrooms, and a heated 3-car garage with Polyurea floors, along with a utility room that also features durable Polyurea flooring. The thoughtfully designed layout provides both functionality and comfort. The main level features a spacious office with built-ins, formal dining room, an open family room that connects seamlessly to the kitchen and sunroom. The kitchen includes a walk-in pantry with an additional stove, offering excellent space for cooking and hosting. Upstairs includes three bedrooms, highlighted by a primary suite with separate walk-in closets and a private bathroom. Two additional bedrooms, a full bathroom, and upper-level laundry add everyday convenience. Outdoor living shines with a large maintenance-free deck and a paver patio with a gas fire pit—ideal for relaxing or entertaining. Move-in ready with modern finishes throughout.

Single Family

  • Price
  • $ 1,350,000
  • City
  • Rochester
  • Bedrooms
  • 5
  • Full Bathrooms
  • 3
  • County
  • OLMSTED
  • Half Bathrooms
  • 1
  • Area
  • Mayo Woodlands 3rd
  • Lot Size
  • 0.51 Acres
  • Zip
  • 55902
  • Sqr Footage
  • 5,169
  • Year Built
  • 2023
  • Taxes
  • $ 4708
  • Style
  • Single Family
  • MLS#
  • 6810435
Listed By: Coldwell Banker Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 5169
Sewer Shared Septic
Heating Forced Air
Cooling Central Air
Appliances Air-To-Air Exchanger,Cooktop,Dishwasher,Disposal,Double Oven,Dryer,ENERGY STAR Qualified Appliances,Gas Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer,Water Softener Owne
HOA Fee 100
Garage Spaces 3
Association Fee Includes Sewer,Water
Year Built 2023
Levels Two
Property Subtype Single Family
Tax Year 2025
Accessibility None
Assoc Fee Paid Per Monthly
County Olmsted
New Construction No
Property Type Residential
HOA Yes
Contingency None
Subdivision Name Mayo Woodlands 3rd
Full Baths 2
Directions S on Bamber Valley Rd SW,right onto Meadow Crossing Rd,right onto Glenwood Rd,turn right,turn left on Mayo Prairie Ln SW,destination at the end of cul de sac .
High School Mayo
City Rochester
Association Name Clark Companies
High School District Rochester
Zoning Description Residential-Single Family
Lot Size Units Acres
Elementary School Bamber Valley
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4708
Middle/Junior High School John Adams
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Rochester

Interior Features

Basement Daylight/Lookout Windows,Drain Tiled,Finished,Full,Concrete,Storage Space
Total Fireplaces 1
Fireplace Features Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 3324
Half Baths 1
3/4 Baths 1
Laundry Features Laundry Room,Upper Level
Total Bedrooms 5
Below Grade Finished Area 1845
Total Baths 4
Bath Desc Full Basement,Main Floor 1/2 Bath,Upper Level 3/4 Bath,Upper Level Full Bath
Dining Room Description Eat In Kitchen,Informal Dining Room,Kitchen/Dining Room,Living/Dining Room,Separate/Formal Dining Room
Fuel Natural Gas
Garage Square Feet 944

Exterior Features

Parking Features Attached Garage,Concrete,Heated Garage,Insulated Garage
Water Source Shared System
Lot Size Area 0.51
Building Area Total 5169
Lot Dimensions 22x216
Waterfront Y/N No
Foundation Area 1845

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Bamber Valley Elementary School
Middle School John Adams Middle School
High School Mayo High School

Price History

2/20/2026 Listed $1,500,000
5/4/2026 4% - $1,449,000
6/25/2026 7% - $1,350,000

Property vs Zip Code Average in 55902

Price
AVG $860K
$1.35M
Taxes
AVG $6,762
$4,708
Year Built
AVG 1992
2023
Visits
AVG 172
471
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

2702 Mayo Prairie Lane Sw Rochester, MN is a Single Family Home for sale at $1350000 with 5169 sqft and a lot size of 0.51 Acres Acre(s). 2702 Mayo Prairie Lane Sw Rochester has 5 bedrooms, 3 baths and was built in 2023. The property's zip code is 55902 which is in Rochester, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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