501 S Fairlakes Avenue, Fairmont, MN 56031

$345,000
4
BD
3
BA
3,336
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$345,000
List Price
$350,000
Days on Market
102
Closing Date
Mar 27, 2026
MLS#
7000408
Status
CLOSED
Type
Single Family Residential
Bedrooms
4
Bathrooms
3
Living Area
3,336
Acres
0.26
Subdivision
Reiman Fairlakes 2nd
Year Built
1981

Property Description

From summer lake days to cozy evenings by the fireplace, this home fits the way you want to live. Enjoy access to Lake Sisseton and the Fairmont chain of lakes with this beautifully updated 4-bedroom, 3-bath home. The sale includes a 1/12 undivided interest in lake property, offering the opportunity to enjoy boating, fishing, and afternoon swims as part of your everyday lifestyle. There is space to place a boat and lift—making it easy to enjoy days on the water without the responsibilities of full lakefront ownership. At the heart of the home is a remodeled kitchen designed for everyday living and easy entertaining. The kitchen features a large center island with seating and a dining area right in the space—perfect for morning coffee, family meals, or gathering with friends. Step directly from the kitchen onto the deck and enjoy summer evenings, grilling, and relaxed outdoor living. Three bedrooms are conveniently located on the main floor, including the primary bedroom with a private full bath, along with an additional full bathroom and a comfortable living room. The finished walk-out lower level expands your living space with a cozy family room featuring a gas fireplace, a fourth bedroom, a ¾ bathroom, laundry room, craft room, and abundant storage. A new sliding glass door brings in natural light and provides easy access to the backyard. Recent updates include newer windows, shingles replaced in 2018 with new soffit, furnace and A/C (2014), fresh exterior paint and stain in 2025, and all bathrooms remodeled in 2024. An attached double-car garage completes this inviting, move-in-ready home.

Additional Information

School District
Fairmont Area Schools
Amenities Unit
Deck, Kitchen Center Island, Kitchen Window, Main Floor Primary Bedroom
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator
Tax Year
2025
Waterfront Features
Association Access, Shared
Fuel
Natural Gas
Lot Description
Tree Coverage - Light
Water Body Name
Sisseton
Sewer
City Sewer/Connected
Roof
Asphalt
Air Conditioning
Central Air
Heating
Forced Air
Water
City Water/Connected
Out Buildings
Storage Shed
Basement
Daylight/Lookout Windows, Egress Window(s), Finished, Full, Storage Space, Sump Basket, Sump Pump, Tile Shower, Walkout
Parking
Attached Garage, Concrete, Garage Door Opener
Garage Spaces
2

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Edina Realty.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.