Movoto Real Estate
Sold on 10/15/2025

1208 Elm Ave E, Waseca, MN 56093

  • $500,000

    Last sold 10/15/2025 after 469 Days

  • 3

    bed

  • 2

    bath

  • 1,459

    Sqft ($343/Sqft)

House not for sale
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About 1208 Elm Ave E

Property type House
Year built 1946
HOA fee $0/month
Lot size 2.7 Acre
Parking 2 garage spaces
Property description
DRASTIC PRICE DROP! Seller has slashed to rock-bottom pricing on this rare turn-key 5 unit short term rental property plus single family home. NOW PRICED FOR IMMEDIATE SALE! FAST CLOSING! Whether you're an investor looking to capitalize on the growing tourism market or a family seeking a lifestyle change, this property offers a rare opportunity to blend business with pleasure. Welcome to Lodging at Lake Aire with incredible views of Clear Lake. Thriving business nestled in a serene setting offering both comfort and potential for growth. 3 bed home + 5 short term rental units + 2.7 acres + lake views = ENDLESS POSSIBILITIES! The charming home provides a cozy retreat for residents or a manager's quarters, while the 5-unit short term rental caters to a steady flow of guests who appreciate the tranquility and beauty of the area. Rentals have remodeled rooms and includes 3 efficiency, 2 one bedroom, on site laundry and private patios for each room. The charming main home features curved archways, stacked stone fireplace, updated kitchen & baths, hardwood floors, built in hutches and an oversized heated 2 car garage. Imagine the possibilities: expand the lodging options, create outdoor recreational spaces, or develop a community hub that draws visitors year-round. There is plenty of land to potentially add additional amenities or rentals & includes a 2nd curb cut off Elm Ave. With its established clientele and prime location, Lodging at Lake Aire is ready to continue its success story with your vision and passion. Located in the quaint small town of Waseca near numerous lakes, camping and bike paths. This property is meticulously maintained and ready for operation from day one! Don't miss the chance to turn this opportunity into your dream!
Listed by
Listing Agent - Daryl Bauer
Listing Office - Re/Max Advantage Plus
Source: Northstar MLS mls logo
MLS#6562682 • last updated 8 months ago
Movoto checked Northstar MLS for data 16 minutes ago
Overview
Cooling/AC Central Air
Heating Forced Air
Levels/Style One And One Half
Virtual Tour N/A
MLS # 6562682
Type Residential
SubType Single Family Residence
Lot Size (SqFt) 117612
Property Tax 7696
Tax Assessment 7696
Foreclosure (Y/N) No
Short Sale (Y/N) No
Interior
Total # of Bathrooms 2
Bathrooms Main Floor Full Bath, Upper Level Full Bath
# Full Baths 2
# Bedrooms 3
Dining Room Eat In Kitchen, Separate/Formal Dining Room
Accessibility Features None
Interior Features Ceiling Fan(s), Hardwood Floors, Kitchen Window, Natural Woodwork, Paneled Doors, Security System, Security Lights
Fireplace Gas, Living Room
Exterior
Construction Wood Siding
# Garage Spaces 2
Parking Desc Detached, Asphalt, Shared Driveway, Garage Door Opener, Heated Garage, Parking Lot, Paved, RV Access/Parking
Lot Desc Many Trees
Fencing None
Amenities / Utilities
Electric Circuit Breakers
Water Source City Water/Connected
Location
Body Of Water Clear
View Lake
Waterfront Lake View
County Waseca
High School District Waseca
APN 171230070
Zoning Business/Commercial, Residential-Single Family
Lot/ Land Details
Road Frontage County Road, Paved Streets, Sidewalks, Street Lights, Storm Sewer
Add'l Parcels Desc 171230160
Present Use Yearly
  • Oct 2025
    mls logo MLS # 6562682
  • Oct 31, 2025 Sold
    $500,000 (+6.6%)
  • Oct 16, 2025 Pending
  • Oct 14, 2025 Price Change
    $469,000 (-5.8%)
  • Oct 14, 2025 Listed
  • Oct 2, 2025 Pending
  • Aug 28, 2025 Price Change
    $498,000 (-8.6%)
  • Aug 22, 2025 Price Change
    $545,000 (-5.7%)
  • Aug 12, 2025 Price Change
    $578,000 (-1.7%)
  • Jul 29, 2025 Price Change
    $588,000 (-1.7%)
  • Jun 27, 2025 Price Change
    $598,000 (-0.2%)
  • May 24, 2025 Price Change
    $599,000 (-4.8%)
  • Apr 9, 2025 Price Change
    $629,500 (-1.6%)
  • Feb 4, 2025 Price Change
    $640,000 (-1.5%)
  • Sep 5, 2024 Price Change
    $650,000 (-3.7%)
  • Jul 2, 2024 Listed
    $675,000
  • 1208 Elm Ave E
    $500K
  • 56093
    $247K +9% y/y
  • Waseca
    $251K +5% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • MN
  • Waseca County
  • Waseca
  • 56093
  • 1208 Elm Ave E
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