Lori Gustafson

445 Lake Avenue # 104

Fairmont, MN
$ 592,000 Beds 3 Baths 2 Sq 2,319
Monthly Estimate* How much can I afford?

Nestled on the shores of Lake Sisseton, this beautiful three-bedroom, two-bath home offers stunning lake views and sunsets. The open-concept design has a stylish kitchen with Cambria countertops, stainless steel appliances, and beautiful cabinets, adjacent to the cozy living room. The living room features a gas fireplace and sliding glass doors that lead to a patio with an additional fireplace, perfect for relaxation and entertaining. The main level provides one-level living, complete with one bedroom, a full bathroom, and laundry facilities. The upper level you will enjoy another family room or office/den with sliding glass doors to an outdoor deck, offering peaceful views of the lake. Two additional bedrooms and a 3/4 bath are also situated on this level. The finished lower level features a spacious great room that can serve as a workout area, billiard room, office, or additional bedroom with the installation of an egress window. There is also a nice size storage room downstairs. This exceptional property includes two reserved parking spots and a shared dock with slip rental options. As part of a Common Interest Community, residents benefit from shared common spaces and the convenience of lawn care and snow removal handled by the association. Come take a look and experience the fun of living on the Fairmont Chain of Lakes!

Single Family

  • Price
  • $ 592,000
  • City
  • Fairmont
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • MARTIN
  • Half Bathrooms
  • 0
  • Area
  • Marina Add
  • Lot Size
  • Zip
  • 56031
  • Sqr Footage
  • 2,319
  • Year Built
  • 2018
  • Taxes
  • $ 3762
  • Style
  • Single Family
  • MLS#
  • 7045896
Listed By: RE/MAX TOTAL REALTY
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2319
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Composition
Appliances Dishwasher,Disposal,Dryer,Water Osmosis System,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer,Water Softener Owned
HOA Fee 112.5
Association Fee Includes Lawn Care,Maintenance Grounds,Parking,Snow Removal
Construction Materials Concrete,Frame
Year Built 2018
Electric Circuit Breakers
View Lake,West
Levels Two
Unit Number 104
Property Subtype Single Family
Tax Year 2025
Waterfront Features Dock,Lake Front,Lake View
Accessibility None
Assoc Fee Paid Per Monthly
County Martin
New Construction No
Property Type Residential
Association Amenities Boat Slip
HOA Yes
Contingency None
Subdivision Name Marina Add
Full Baths 1
Directions Take State st to E 4th St take a right on Lake Ave,one block on the west side of the street
City Fairmont
Association Name The Sisseton Lakeshores
High School District Fairmont Area Schools
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 3762
Additional Parcels Y/N No
Standard Status Active
Lender Owned Not Disclosed
Amenities Unit Balcony,Ceiling Fan(s),Deck,Dock,Kitchen Center Island,Kitchen Window,Main Floor Primary Bedroom,Patio,Boat Slip,Vaulted Ceiling(s),Washer/Dryer Hookup
PostalCity Fairmont

Interior Features

Basement Concrete,Unfinished
Total Fireplaces 2
Fireplace Features Family Room,Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1614
3/4 Baths 1
Laundry Features In Hall,Main Level,In Unit
Total Bedrooms 3
Below Grade Finished Area 705
Total Baths 2
Bath Desc Main Floor Full Bath,Upper Level 3/4 Bath
Dining Room Description Eat In Kitchen,Informal Dining Room,Living/Dining Room
Fuel Natural Gas

Exterior Features

Parking Features Assigned,Parking Lot,Paved Lot,Open
Lot Features Accessible Shoreline,Tree Coverage - Light
Water Source City Water/Connected
Building Area Total 2319
Waterfront Y/N Yes
Foundation Area 705
Road Frontage Type City Street
Road Responsibility Public Maintained Road

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
Agent Photo

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 Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/31/2026 Listed $592,000

Property vs Zip Code Average in 56031

Price
AVG $290K
$590K
Taxes
AVG $3,003
$3,762
Year Built
AVG 1959
2018
Visits
AVG 60
168
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

445 Lake Avenue # 104 Fairmont, MN is a Single Family Home for sale at $592000 with 2319 sqft and a lot size of Acre(s). 445 Lake Avenue # 104 Fairmont has 3 bedrooms, 2 baths and was built in 2018. The property's zip code is 56031 which is in Fairmont, 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

By pressing Contact Me, you agree that Weichert® may contact you via phone about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our Privacy Policy