$629,500

1208 Elm Ave E Waseca, MN 56093

$7,475
Closing credit¹
3 beds
2 full
1,459 sqft
$431 / sqft
House

Property details

About 1208 Elm Ave E

3 bed home + 5 unit extended stay motel + 2.7 acres + lake views = ENDLESS POSSIBILITIES! Opportunity knocks! Welcome to Lodging at Lake Aire with incredible views of Clear Lake. Thriving business with month to month stays with many regular and seasonal clients. Motel has remodeled rooms and includes 3 efficiency, 2 one bedroom, on site laundry and private patios for each room…all nestled in a private tree lined setting. 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. Plenty of land to potentially add additional amenities or rentals & includes a 2nd curb cut off Elm Ave. Small investment = BIG rewards…let the business cover your mortgage. 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! Call today for more information!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,459 sqft
BasementYes
Year built1946
ParkingDetached, Asphalt, Shared Driveway, Garage Door Opener, Heated Garage, Parking Lot, Paved, RV Access/Parking
MLS #6562682
Garage2 spaces
WaterfrontLake
FireplaceGas, Living Room
ViewLake

Summary

  • MLS Number: 6562682
  • MLS Name: NORTHSTAR
  • Office Name: Re/Max Advantage Plus

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a file

$629,500

1208 Elm Ave E

$7,475

closing credit¹

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Price information

Property sales

DateEventPrice
Oct 24, 2008
Home Sold
$84,600

Tax history

We're sorry, we currently don't have tax history data for this listing.

History based on county public records data.

Nearby schools

4

Hartley Elementary School

Public District PK-3

0.7 mi

605 7th St NE

2

Team Academy

Public Charter KG-6

1.5 mi

220 17th Ave NE

3

Waterville Elementary School

Public District PK-4

10.4 mi

500 Paquin St E

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $89,722. Typical income of Waseca, MN residents is between $35k-100k annually. The majority of families are married, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

10%
<35k
51%
35k-100k
36%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

28%
Single, No Kids
8%
Single, with Kids
42%
Married, No Kids
22%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
16%
18-34 yrs old
47%
35-64 yrs old
13%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • NASCARNASCAR
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Old NavyOld Navy
  • Dick's Sporting GoodsDick's Sporting Goods
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Jimmy JohnsJimmy Johns
  • ArbysArbys
  • Cracker BarrelCracker Barrel

What do the neighbors drive?

  • GMCGMC
  • LexusLexus
  • ChevroletChevrolet

What do the neighbors listen to?

  • New CountryNew Country
  • Adult HitsAdult Hits
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1208 Elm Ave E

This home is located at 1208 Elm Ave E in Waseca, MN and zip code 56093. This 1,459 square foot home was built in 1946. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 2, 2024 and is currently priced at $629,500.

Over 2 listings were sold over their listed price in March 2025 in Waseca, MN. In the same period over 6 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Waseca, MN increased by 20.6% between February and March 2025. Listings spent 62 days on the market in March 2025, and had a median list price of $229,750 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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