For Sale: Rochester MLS# 7037935
Active
NEW!
$545,000
Single Family: 1 Story
4 br • 3 ba • Built 1940
2,818 sqft • 2.01 acres
Rochester schools
MLS# 7037935
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Welcome to a truly rare opportunity just minutes from downtown Rochester and the world-renowned Mayo Clinic. Nestled on a private road at 1040 Maywood Rd SW, this charming ranch-style home sits on an expansive 2-acre lot—an incredibly hard-to-find setting so close to the heart of the city.
Originally built in 1940 and thoughtfully expanded in 1973, this home offers a spacious and highly functional layout featuring 4 bedrooms and 3 bathrooms. Inside, you’ll find two large living areas, a generous office space, and both formal and informal dining areas—perfect for everyday living and entertaining alike. The kitchen is spacious and ready for your personal touch.
The home’s layout lives larger than its footprint, with abundant natural light, hardwood floors, new carpet in the living room, and timeless built-ins and craftsmanship details that are rarely found in newer construction. While the home retains some classic 1970s décor, it provides a wonderful opportunity to update while preserving its character.
Convenience is key with laundry hookups on both the main level and in the basement. Recent updates include a new oven (2018), water heater (2025), and a furnace serviced in November 2025. A brand-new refrigerator and dishwasher will be installed prior to closing.
Outside, the property truly shines. In addition to the peaceful, private setting, you’ll find two detached garages: a standard two-stall garage and a second oversized garage ideal for 2–3 vehicles, a workshop, or hobby space—complete with an attached greenhouse.
Additional features include a private septic system and a shared well with one neighboring property.
If you’ve been searching for space, privacy, and character just minutes from downtown Rochester, this is a one-of-a-kind opportunity you won’t want to miss.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$545,000
Price per sq ft:
$193
Property Type:
Single Family
City:
Rochester
Garage Spaces:
4
County:
Olmsted
Year Built:
1940
State:
MN
Property Style:
1 Story
Zip Code:
55902
Subdivision Name:
Faulconers Sub
Interior
Bedrooms:
4
Bathrooms:
3
Finished Area:
2,818 ft2
Total Fireplaces:
2
Living Area:
2,818 ft2
Common Wall:
No
Appliances Included:
- Cooktop
- Dishwasher
- Disposal
- Double Oven
- Dryer
- Freezer
- Gas Water Heater
- Microwave
- Refrigerator
- Wall Oven
- Washer
- Water Softener Owned
Basement Details:
- Block
- Unfinished
Exterior
Stories:
One
Garage Spaces:
4
Garage Size:
864 ft2
Air Conditioning:
Central Air
Foundation Size:
2,818 ft2
Handicap Accessible:
None
Out Buildings:
Workshop
Road Responsibility:
Private Maintained Road
Heating System:
- Baseboard
- Fireplace(s)
- Forced Air
Parking Features:
- Detached Garage
- Multiple Garages
Unit Amenities:
- Hardwood Floors
- Kitchen Center Island
- Kitchen Window
- Main Floor Primary Bedroom
- Natural Woodwork
- Primary Bedroom Walk-In Closet
- Washer/Dryer Hookup
Road Frontage:
- Cul De Sac
- No Outlet/Dead End
- Private Road
Roof Details:
Age Over 8 Years
Rooms
1/4 Baths:
None
Full Baths:
2
Half Baths:
1
3/4 Baths:
None
Bathroom Details:
- Full Primary
- Main Floor 1/2 Bath
- Main Floor Full Bath
- Private Primary
Dining/Kitchen:
- Eat In Kitchen
- Kitchen/Dining Room
- Separate/Formal Dining Room
Laundry:
- In Basement
- In Hall
- Lower Level
- Main Level
| Main Level | Size | Sq Ft |
|---|---|---|
| Bathroom | 8.5 x 7.5 | 56 |
| Bathroom | 6.5 x 7.5 | 42 |
| Bathroom | 4.5 x 3 | 12 |
| Dining Room | 12 x 9.4 | 108 |
| Family Room | 19.5 x 21 | 399 |
| Bedroom | 12.5 x 10.6 | 120 |
| Informal Dining Room | 7.5 x 11.5 | 77 |
| Kitchen | 19 x 15 | 285 |
| Living Room | 29 x 18 | 522 |
| Office | 16 x 11.5 | 176 |
| Bedroom 2 | 15.4 x 14 | 210 |
| Bedroom 3 | 15.5 x 13.5 | 195 |
| Bedroom 3 | 12 x 9.4 | 108 |
Lot & Land
Acres:
2.01
Geolocation:
43.995597, -92.478169
Lot Dimensions:
Irregular
Zoning:
Residential-Single Family
Lot Description:
Tree Coverage - Medium
Schools
School District:
535
District Phone:
5073283000
Elementary School:
Ben Franklin
Middle School:
Willow Creek
High School:
Mayo
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$7,169
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$7,169
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
- Mound Septic
- Tank with Drainage Field
Water System:
- Shared System
- Well
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Re/Max Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.