Lori Gustafson

65272 140th Avenue

Wabasha, MN
$ 625,000 Beds 2 Baths 2.5 Sq 1,947
Monthly Estimate* How much can I afford?

As the warm days of summer give way to gorgeous fall colors, life at the river changes with the season. Along the lane, neighboring summer boaters begin closing up their cabins before heading south, while views of migrating birds take center stage. Weekends are spent cheering on favorite teams at the local supper club. Then winter brings a peaceful bliss, with views of ice fishers on the lake and the community preparing for Grumpy Old Men Days. Whether occupied year-round or seasonally, this riverfront home offers front-row access to nature, boating, and fishing. This beautiful 2 bedroom, 2.5 bath home offers an incredible river view backdrop, multiple decks, and a setting designed for relaxing, entertaining. From morning coffee with songbirds to evenings watching bald eagles soar overhead, this property offers a peaceful connection to nature that is hard to find. The main level features an open living area with soaring ceilings, warm wood accents, a brick fireplace, and a striking wall of windows that draws your eye straight to the water. The kitchen offers charming cabinetry, tile flooring, and an easy flow into the main living and dining spaces, while access to the deck creates a natural extension of the home for outdoor dining or quiet river-view moments. A main floor bedroom and bath add convenience, while the upper level provides a private bedroom retreat with wood floors, generous storage, a half bath, and elevated views over the main living area and river beyond. The lower level walk out adds even more usable space with a family room, fireplace, bar area, laundry, bath, and walkout access toward the water, making it a great place to gather after a day of fishing, boating, or relaxing outside. With river access, multiple outdoor spaces, and a 2-car garage, this home is well-suited for year-round living or a special getaway. Recent updates include a new heat/hot water unit, new septic, new roof, new garage door, and new deck. Located just minutes from local restaurants, downtown Wabasha, the National Eagle Center, LARK Toys, summer concerts, and easy access to Wisconsin, Rochester, and Winona, this property offers the lifestyle buyers dream about when they picture life on the Mississippi River.

Single Family

  • Price
  • $ 625,000
  • City
  • Wabasha
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • WABASHA
  • Half Bathrooms
  • 1
  • Area
  • Schnells Lakeside
  • Lot Size
  • 0.02 Acres
  • Zip
  • 55981
  • Sqr Footage
  • 1,947
  • Year Built
  • 1965
  • Taxes
  • $ 2732
  • Style
  • Single Family
  • MLS#
  • 7103790
Listed By: Re/Max Results
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1947
Sewer Private Sewer
Heating Radiant
Cooling Ductless Mini-Split
Appliances Cooktop,Dishwasher,Dryer,Refrigerator,Washer
Garage Spaces 2
Year Built 1965
View East
Levels One and One Half
Property Subtype Single Family
Tax Year 2026
Waterfront Features Dock,River Front,River View
Accessibility None
County Wabasha
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Schnells Lakeside
Other Structures Storage Shed
Directions From E Wabasha County Road 30,Turn right onto S County Rd 24. Right onto 657th St. Left onto 657th St/Pioneer Dr. Property will be on the left.
City Wabasha
High School District Wabasha-Kellogg
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 2732
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Kitchen Window,Tile Floors,Vaulted Ceiling(s)
PostalCity Wabasha

Interior Features

Basement Finished,Full,Walkout
Total Fireplaces 2
Fireplace Features Brick,Family Room,Living Room,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1141
Half Baths 1
3/4 Baths 2
Laundry Features Lower Level
Total Bedrooms 2
Below Grade Finished Area 806
Total Baths 3
Bath Desc 3/4 Basement,Main Floor 3/4 Bath,Upper Level 1/2 Bath
Dining Room Description Eat In Kitchen,Separate/Formal Dining Room
Fuel Electric
Garage Square Feet 560

Exterior Features

Parking Features Detached Garage,Asphalt
Lot Features Accessible Shoreline
Water Source Shared System,Well
Lot Size Area 0.02
Building Area Total 1983
Lot Dimensions 130x75
Waterfront Y/N Yes
Foundation Area 842

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

Price History

7/3/2026 Listed $650,000
9/23/2026 4% - $625,000

Property vs Zip Code Average in 55981

Price
AVG $480K
$630K
Taxes
AVG $4,028
$2,732
Year Built
AVG 1960
1965
Visits
AVG 30
28
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

65272 140th Avenue Wabasha, MN is a Single Family Home for sale at $625000 with 1947 sqft and a lot size of 0.02 Acres Acre(s). 65272 140th Avenue Wabasha has 2 bedrooms, 2 baths and was built in 1965. The property's zip code is 55981 which is in Wabasha, 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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