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501 S Fairlakes Ave, Fairmont, MN 56031
501 S Fairlakes Ave, Fairmont, MN 56031
Sold for $345,000
501 S Fairlakes Ave, Fairmont, MN 56031
Sold for $345,000
501 S Fairlakes Ave, Fairmont, MN 56031
501 S Fairlakes Ave, Fairmont, MN 56031
501 S Fairlakes Ave, Fairmont, MN 56031
501 S Fairlakes Ave, Fairmont, MN 56031

501 S Fairlakes Ave Fairmont, MN 56031

$345,000

CLOSED
Beds
4
Baths
3
Sqft
3,336
Acres
0.261
Year
1981
Close Date
Mar 27, 2026
Property Type
Residential
Sub Type
Single Family
Per Square Foot
$103
Date Listed
Dec 15, 2025

Description of 501 S Fairlakes Ave, Fairmont, MN 56031

Listing details for 501 S Fairlakes Ave, Fairmont, MN 56031 : 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.
Listing Updated : 08-25-2026 at 4:50 AM CDT

Properties displayed may be listed or sold by various participants in the MLS

Source

NorthstarMLS as distributed by MLS GRID, MLS#: 7000408

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$295K – $422K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$295K – $422K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Property History

DateEventPrice
3/27/2026
Sold
$345,000
$103/sqft
Source:NorthstarMLS #NST7000408
12/15/2025
Listed for sale
—
Source:NorthstarMLS #NST7000408

Location of 501 S Fairlakes Ave, Fairmont, MN 56031

Streetview of 501 S Fairlakes Ave, Fairmont, MN 56031

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What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$295K – $422K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

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Based on information submitted to the MLS GRID as of 2026-08-25. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
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