1208 Elm Ave E, Waseca, MN 56093
SOLD
OCT 31, 2025

1208 Elm Ave E
Waseca, MN 56093

  • 3 Beds
  • 2 Baths
  • 1,459 sqft (on 2.70 acres)

$500,000

Last Sold: Oct 31, 2025
7% over list $469K
$343/sqft
Est. Refi. Payment $3,115/mo*
Refinance Your Home

$500,000

Last Sold: Oct 31, 2025
7% over list $469K
$343/sqft
Est. Refi. Payment $3,115/mo*
Refinance Your Home
3 Beds
2 Baths
1,459 sqft
(on 2.70 acres)

Local Information

  • Map ViewExplore the area around 1208 Elm Ave E.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1946
Lot Size
2.7 acres
Living Area
1,459 sqft
Price/Sqft
$343/sqft
Parking
Garage
HOA
None

About this House

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!
1208 Elm Ave E, Waseca, MN 56093 is a 3 bedroom, 2 bathroom, 1,459 sqft single-family home built in 1946. It last sold for $500,000 on Oct 31, 2025 (7% above the $469,000 asking price). More recently, it was listed as a rental in November 2025 with an asking price of $1,650 per month. That rental listing was removed on November 3, 2025. It is currently off market. The Trulia Estimate is $339,700, with a rent estimate of $1,730/month.

Home Details for 1208 Elm Ave E

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Block,Drainage System,Sump Pump,UnfinishedNumber of Rooms: 11Types of Rooms: Bedroom, Bedroom 2, Bedroom 3, Bathroom, Dining Room, Foyer, Kitchen, Living Room, Office, Walk In Closet
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1459 Square FeetFoundation Area: 936
Appliances & Utilities
Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Water Softener OwnedDishwasherDisposalDryerLaundry: In BasementMicrowaveRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Gas, Living RoomHas a Fireplace
Gas & Electric
Electric: Circuit BreakersGas: Natural Gas
Levels, Entrance, & Accessibility
Stories: 1.5Levels: One and One HalfAccessibility: None
View
Has a ViewView: Lake

Exterior Features

Exterior Home Features
Roof: Age 8 Years Or LessPatio / Porch: PatioFencing: None
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Other Parking: Garage Dimensions (26x26)No CarportHas a GarageNo Attached GarageHas Open ParkingParking Spaces: 2Parking: Detached Garage,Asphalt,Shared Driveway,Garage Door Opener,Heated Garage,Parking Lot,Paved Lot,RV Access/Parking
Frontage
Waterfront: Lake ViewRoad Frontage: County Road, Sidewalks, Street Lights, Storm SewerRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: City Sewer/Connected
Finished Area
Finished Area (above surface): 1459 Square Feet

Days on Market

Cumulative Days on Market: 458

Property Information

Year Built
Year Built: 1946
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached PropertyHas Additional Parcels
Property Information
Parcel Number: 171230070Additional Parcels Description: 171230160

Price & Status

Price
List Price: $469,000Price Per Sqft: $343/sqft
Status Change & Dates
Off Market Date: Wed Oct 15 2025

Media

Location

Direction & Address
City: Waseca
School Information
High School District: Waseca

Building

Building Area
Building Area: 1459 Square Feet

HOA

No HOA

Lot Information

Lot Area: 2.7 Acres

Offer

Contingencies: None

Miscellaneous

BasementMls Number: 6562682Water ViewWater View: LakeAbove Grade Unfinished Area: 1459
Last check for updates: about 5 hours ago
Listed by Daryl Bauer, (952) 240-5773
Re/Max Advantage Plus
Bought with: Mike Danberry, (507) 676-3950, Realty Executives Associates
Source: NorthstarMLS as distributed by MLS GRID, MLS#6562682

Price History for 1208 Elm Ave E

DatePriceEventSource
11/03/2025$1,650ListingRemovedZillow Rentals
11/01/2025$1,650Listed For RentZillow Rentals
10/31/2025$500,000Sold
NorthstarMLS as distributed by MLS GRID #6562682
10/16/2025$469,000PendingNorthstarMLS as distributed by MLS GRID #6562682
10/14/2025$469,000PriceChange
NorthstarMLS as distributed by MLS GRID #6562682
10/02/2025$498,000PendingNorthstarMLS as distributed by MLS GRID #6562682
08/28/2025$498,000PriceChange
NorthstarMLS as distributed by MLS GRID #6562682
08/22/2025$545,000PriceChange
NorthstarMLS as distributed by MLS GRID #6562682
08/12/2025$578,000PriceChange
NorthstarMLS as distributed by MLS GRID #6562682
07/29/2025$588,000PriceChange
NorthstarMLS as distributed by MLS GRID #6562682
06/27/2025$598,000PriceChange
NorthstarMLS as distributed by MLS GRID #6562682
05/24/2025$599,000PriceChange
NorthstarMLS as distributed by MLS GRID #6562682
04/09/2025$629,500PriceChange
NorthstarMLS as distributed by MLS GRID #6562682
02/04/2025$640,000PriceChange
NorthstarMLS as distributed by MLS GRID #6562682
09/05/2024$650,000PriceChange
NorthstarMLS as distributed by MLS GRID #6562682
07/02/2024$675,000Listed For SaleNorthstarMLS as distributed by MLS GRID #6562682
10/24/2008$84,600Sold
N/A

Market trends in Waseca

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
46
1MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax$3,940
Assessment$303,400
Home facts updated by county records

Comparable Sales for 1208 Elm Ave E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
305 12th St SE, Waseca, MN
0.05
Single-Family Home
$262,000
05/08/26
3
2
2,087
1024 4th Ave SE, Waseca, MN
0.16
Single-Family Home
$282,500
08/29/25
4
1.5
1,707
808 12th St SE, Waseca, MN
0.34
Single-Family Home
$348,250
08/29/25
3
2
1,664
1109 9th Ave SE, Waseca, MN
0.34
Single-Family Home
$365,000
09/05/25
3
2
1,776
1104 8th Ave SE, Waseca, MN
0.31
Single-Family Home
$379,900
04/30/26
3
2
3,040
805 11th St SE, Waseca, MN
0.33
Single-Family Home
$391,650
05/22/26
3
2
3,040
912 10th St SE, Waseca, MN
0.46
Single-Family Home
$370,000
05/08/26
3
2
1,948
1108 11th Ave SE, Waseca, MN
0.49
Single-Family Home
$335,000
10/01/25
3
2
1,632

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 1208 Elm Ave E.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Waseca

At least 32 Trulia users voted on each feature.

  • 94 % Say parking is easy

  • 89 % Say yards are well-kept

  • 87 % Say people would walk alone at night

  • 86 % Say it's dog friendly

  • 81 % Say it's walkable to restaurants

  • 79 % Say kids play outside

  • 72 % Say streets are well-lit

  • 71 % Say car is needed

  • 69 % Say it's quiet

  • 61 % Say they plan to stay for at least 5 years

  • 59 % Say it's walkable to grocery stores

  • 58 % Say neighbors are friendly

  • 56 % Say there's holiday spirit

  • 53 % Say there are sidewalks

  • 45 % Say there's wildlife

  • 38 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • ML
    "Access to Marshfield and bicycle path. Great schools and convenient shopping. The premier neighborhood is well maintained and one of the most desirable in the city."
    2
    Flag
  • nobodyxx
    "~ QUIET LAKE / OVERALL CONVENIENT AREA. MAYO CLINIC SATELLITE HOSPITAL NEARBY.WONDERFUL PARK SYSTEM. CHURCHES. PUBLIC SERVICES. COUNTY SEAT. ONE HOUR SOUTH OF BURNSVILLE MALL / ONE HOUR NORTH OF IOWA / DIAMOND LIL'S CASINO ..... NORTH BRANCH, IOWA / 25 MILES TO MANKATO STATE. ~ NO ''UP NORTH'' TRAFFIC NIGHTMARES......JUST HEAD SOUTH ON 35 TO OWATONA AND WEST TO WASECA.... AND CLEAR LAKE......ENJOY!!! possible in-law set-up,,,,,check local zoning. ~~ HARTLEY ELEMENTARY SCHOOL RANKS THE 2ND BEST SCHOOL IN MINNESOTA......CHECK IT OUT....IF LOOKING FOR BETTER EDUCATION FOR YOUR KIDDIES!!!! (CHECK OUT WASECA SCHOOLS AND PERFORMANCE!) ********* SPECTACULAR REAR ,,,,, WALK OUT LEVEL / LAKE SHORE / CIRCULAR DRIVE..... ~ PEACEFUL / PRIVATE/QUIET...... 30' DEEP LAKE / 4.5 MILES WITH CONCRETE WALKING PATH........ * * * * * CLEAR LAKE IS NOT..... A LOUD LAKE!!!!! AS IN 'UP NORTH'. * * * * * ~. POSSIBLE IN-LAW LOWER LEVEL WALK OUT. CHECK LOCAL ZONING LAWS ~ MANKATO / OWATONA / ROCHESTER NEAR-BY. DIAMOND JO'S CASINO 1 HR OR SO SOUTH!!!!! ~ ************ HARTLEY ELEMENTARY SCHOOL ************ RANKS THE 2ND BEST SCHOOL IN MINNESOTA......CHECK IT OUT....IF LOOKING FOR BETTER EDUCATION FOR YOUR KIDDIES!!!! ~ ~~~ PRIVATE GOLF COURSE 1/4 MILE ~~~"
    0
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
Skip to first item

Homes for sale near 1208 Elm Ave E

Skip to last item
Skip to first item

Off Market Homes Near 1208 Elm Ave E

Skip to last item
Skip to first item
Based on information submitted to the MLS GRID as of 2026-07-29 07:48:19 PDT. 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. Click here for more information
By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement