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Land with Home for Sale in Rochester, Minnesota

1040 Mayowood Rd SW, Rochester, MN 55902

$545,000
2 acres
Pending sale
Under contract

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 decor, 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.

2,818
Sq feet
4
Beds
2
Full baths
1
1/2 bath
1940
Built

Location

Street address
1040 Mayowood Rd SW
Zip code
55902
Community
Faulconers Sub
School district
Rochester
Elevation
1,101 feet
Coordinates
43.9956, -92.4782

Directions

North on West Circle, Left onto Bamber valley SW, Left on to Mayowood rd SW, continue past 18th and 20th. It's the next turn right after 20th. the road has no street sign. Home is at the top of the road.

Property details

Acreage
2.01 acres
Zoning
Residential-Single Family
MLS #
RMLS 7037935
Posted

Property taxes

2026
$7,169

Parcels

  • 641133062842

Details and features

Listing

Type
Residential
Franchise
RE/MAX International

Lot

Features
Tree Coverage-Medium

Exterior

Parking
Garage, Garage-Detached
Features
Wood

Structure

Water
Well
Sewer
Mound Septic
Heating
Baseboard, Fireplace(s), Forced Air
Cooling
Central Air

Interior

Rooms
Basement, Bathroom x 3, Bedroom x 4, Dining Room, Family Room
Fireplaces
Yes
Appliances
Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Freezer, Microwave, Refrigerator, Wall Oven, Washer, Water Heater-Gas, Water Softener-Owned

Nearby schools

NameTypeDistrict
Ben FranklinElementary
Willow CreekMiddle
MayoHighRochester

Listing history

DateEventPriceChangeSource
July 1, 2026Under contract$545,000RMLS
May 14, 2026Back on market$545,000RMLS
May 5, 2026Under contract$545,000RMLS
May 2, 2026New listing$545,000RMLS
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This 2.01-acre property is located at 1040 Mayowood Rd SW in Rochester, MN 55902. The property is pending sale. It has a 2,818 square foot 4-bedroom, 2.5-bath house built in 1940.

Listed by RE/MAX Results, (952) 829-2900

Checked 1 hour agoUpdated Source

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