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New Construction Homes for Sale in Albert Lea, MN

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    $889,900 Townhome

    2334 W 9th St, Albert Lea, MN 56007

    • 4 Beds
    • 3 Baths
    • 2,959 Sq Ft

    Welcome to this meticulously designed 4-bedroom, 3-bath townhouse, where modern luxury meets functionality. Located on Albert Lea's beautiful Wedgewood Cove golf course. This home offers 3,516 sq. ft. of beautiful living space, boasting a spacious main level with 1,758 sq. ft., plus an equally impressive lower level with an additional 1,758 sq. ft. of which 1201 sq. ft. are finished space, making

    Rick Mummert Century 21 Atwood

    2334 W 9th St, Albert Lea, MN 56007
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    $886,900 Townhome

    2330 W 9th St, Albert Lea, MN 56007

    • 4 Beds
    • 3 Baths
    • 2,959 Sq Ft

    Welcome to this meticulously designed 4-bedroom, 3-bath townhouse, where modern luxury meets functionality. Located on Albert Lea's beautiful Wedgewood Cove golf course. This home offers 3,516 sq. ft. of beautiful living space, boasting a spacious main level with 1,758 sq. ft., plus an equally impressive lower level with an additional 1,758 sq. ft. of which 1201 sq. ft. are finished space, making

    Rick Mummert Century 21 Atwood

    2330 W 9th St, Albert Lea, MN 56007
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    $499,900 Lot/Land

    TBD Bridge Ave, Albert Lea, MN 56007

    • 0.9 Acre
    • $555,444 per Acre

    First available lot into Albert Lea off of I-90. This is closest available lot on Bridge Ave in Albert Lea to the I-90 Interstate Exit. This commercial lot is between established Arby's and Caribou Coffee / Hy-Vee Gas Station locations. This lot is across the street from McDonalds Applebee's, two hotels, Harley Davidson, Hy-Vee Grocery Store, Harbor Freight, Big Lots, Dollar Tree, the NorthBridge

    Robert Hoffman Robert Hoffman Realty Inc.

    TBD Bridge Ave, Albert Lea, MN 56007
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    $35,000 Lot/Land

    1629 Seath Dr, Albert Lea, MN 56007

    • 1.17 Acres
    • $29,915 per Acre

    Great lot in a quiet neighborhood on the edge of town!

    Tracy Fjeldberg Leland Realty

    1629 Seath Dr, Albert Lea, MN 56007
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    $325,000 Lot/Land

    XXXX Bridge Ave N, Albert Lea, MN 56007

    • 1.15 Acres
    • $282,609 per Acre

    We are proud to present this prime development opportunity. This parcel is located on one of the busiest streets in Albert Lea. It is located directly across from Northbridge mall and the new Mercy One health clinic.

    Lanier Pratt Keller Williams Premier Realty

    XXXX Bridge Ave N, Albert Lea, MN 56007
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    $299,000 Lot/Land

    TBD Stevens St, Albert Lea, MN 56007

    • 3.62 Acres
    • $82,597 per Acre

    Don't miss this tremendous opportunity to purchase 3.62 acres of Residential Non-homestead acres located on the frontage road of Albert Lea, just off of Stevens St (in front of the Village Cooperative of Albert Lea). With electricity, water and fiber already in place, this location is ripe for expansion and equipped to support operational and future growth. Its proximity to key transportation

    Troy Stafford High Point Land Company, LLC

    TBD Stevens St, Albert Lea, MN 56007
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    $89,900 Lot/Land

    xxx Hi Tec Ave, Albert Lea, MN 56007

    • 1.22 Acres
    • $73,689 per Acre

    Great location on North end of town. Close to airport and Northbridge Mall. 4 parcels sold together: 34.264.0030, 34.348.0020, 34.348.0010, 34.349.0080

    Sharon Kirk Weichert, REALTORS- Heartland

    xxx Hi Tec Ave, Albert Lea, MN 56007
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    $89,900 Lot/Land

    2200 W 9th St, Albert Lea, MN 56007

    • 0.88 Acre
    • $102,159 per Acre

    Several lots available starting at 39,900. See under documents for additional information. This newer residential subdivision has many desirable amenities including lakeshore, lake access, water view development sites, along with golf course frontage lots. Trails available to enjoy a great outdoor environment.

    Craig Hoium Century 21 Atwood

    2200 W 9th St, Albert Lea, MN 56007
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    $249,000 Lot/Land

    TBD Bridge Ave, Albert Lea, MN 56007

    • 4.73 Acres
    • $52,643 per Acre

    Don't miss this tremendous opportunity to purchase 4.73 acres of Residential Non-homestead acres located on one of the main corridors, Bridge Street in Albert Lea, North of Oak Park Place Apartments. With electricity, water and fiber already in place, this location is ripe for expansion and equipped to support operational and future growth. Its proximity to key transportation hubs and modern

    Troy Stafford High Point Land Company, LLC

    TBD Bridge Ave, Albert Lea, MN 56007
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    $7,900 Lot/Land

    522 Alice Ave, Albert Lea, MN 56007

    • 0.17 Acre
    • $46,471 per Acre

    Level Lot is ready for the next owner. Drive by this convenient location.

    William Danielson WMD Realty

    522 Alice Ave, Albert Lea, MN 56007
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    $59,900 Lot/Land

    1609 Country Club Rd, Albert Lea, MN 56007

    • 1.06 Acres
    • $56,509 per Acre

    Build your dream home on these three parcels totaling 1.06 acres on the former Albert Lea Country Club location. Lots overlook a pond on adjacent property. Land has been annexed into the city of Albert Lea.

    Dawn Swalve Coldwell Banker River Valley, REALTORS

    1609 Country Club Rd, Albert Lea, MN 56007
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    $8,500 Lot/Land

    309 Court St, Albert Lea, MN 56007

    • 0.14 Acre
    • $60,714 per Acre

    Lot for Sale – Perfect for Your Tiny House Dream!Don't miss this finished lot, ready for your dream build! Whether you're planning a cozy tiny house, a beautiful single-family home, or a multifamily property, this lot offers endless potential. Located in the heart of Albert Lea, it's just a short walk to downtown shops, restaurants, and scenic lakes. It's the perfect spot to bring your vision

    Georgiana Wadding Coldwell Banker River Valley, REALTORS

    309 Court St, Albert Lea, MN 56007
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    $265,000 Lot/Land

    na Na, Albert Lea, MN 56007

    • 23.16 Acres
    • $11,442 per Acre

    A Hunter’s Dream Getaway—or the Perfect Place to Build!Step back in time on one of the most unique properties in southern Minnesota! With a total of 23.16 wooded acres, this land offers unbelievable old-time character and charm that you simply won’t find anywhere else. It’s truly a must-see.At the heart of the property sits an insulated rustic shack cabin, complete with a woodburning

    Anna Rahn HomeProz Real Estate

    na Na, Albert Lea, MN 56007
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    $12,000 Lot/Land

    TBD Bridgeport Subdivision, Albert Lea, MN 56007

    • 0.14 Acre
    • $85,714 per Acre

    Land for development in high visibility commercial area off major road by the airport, and close proximity to Interstate 90.

    Melody Lembke Signature Real Estate

    TBD Bridgeport Subdivision, Albert Lea, MN 56007

Frequently Asked Questions

What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Albert Lea, MN usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Albert Lea, MN hold their value?
Yes, especially in fast-growing areas of Albert Lea, MN. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.

Home Trends in Albert Lea, MN

Housing Trends

Median Sale Price
$185,000
Median Single Family Sale Price
$189,450
Median Townhouse Sale Price
$233,000
Median 2 Bedroom Sale Price
$149,000
Average Price Per Sq Ft
$124
Number of Homes for Sale
56
Last 12 months Home Sales
271
Months of Supply
2.50
Median List Price
$190,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
16%
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