$700,000
Wabasha, MN 55981
MLS# 7127837
Status: Pending
2 beds | 2 baths | 2020 sqft

1 / 50
Property Description
Set along the water on Peterson Lake, this 2 bedroom, 2 bath ranch pairs incredible river views with an inviting, open interior designed to keep the scenery front and center. The heart of the home is the expansive great room, where a vaulted wood ceiling with exposed beams, a dramatic stone fireplace, and walls of windows create a warm, distinctive gathering space overlooking the water and surrounding bluffs. The adjoining kitchen offers abundant cabinetry, granite countertops, stainless steel appliances, and an oversized island with plenty of seating, while the dining area sits alongside the impressive stone fireplace. Large sliding doors open to a spacious waterfront deck, extending the living space outdoors and providing an ideal setting for dining, relaxing, and taking in the changing river views. The main-level layout also includes two bedrooms, two bathrooms, and convenient laundry, including a primary suite with a private bath featuring dual sinks and a tiled shower. An attached 2 car garage provides additional storage, with even more unfinished space below. Outside, the property includes owned riverbank, a stairway leading down toward the shoreline, and access to Peterson Lake and the Mississippi River. A beautiful setting for enjoying boating, fishing, wildlife, and the everyday rhythm of life on the water.
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Pending
Off Market Date: 2026-09-08
Contingency: None
Current Price: $700,000
Original List Price: 700000
ListPrice: 700000
List Date: 2026-08-14
Office/Member Info
Association: SEMR
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 1
Road Btwn WF & Home?: No
Waterfront YN: Yes
Year Built: 1984
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: 62x180
Acres: 0.25
Bath Three Quarters: 2
Bath Half: 0
Lake/Waterfront Name: Peterson
Bath Quarter: 0
Main Floor Total SqFt: 1656
Above Grd Total SqFt: 1656
Below Grd Total SqFt: 364
Total SqFt: 2020
Total Finished Sqft: 1656.00
FireplaceYN: Yes
Foundation Size: 1656
Style: (SF) Single Family
Garage Stalls: 2
Association Fee: 0
Assessment Pending: No
Bedrooms: 2
Baths Total: 2
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: Schnell's Lakeside, Lot-019 Block-002 & 50' X 50'adj of Lot 4 Blk 2 & area adj to Twn Rd & to River (doc#216061)
Listing City: Wabasha
Map Page: 999
Municipality: Wabasha
School District: Wabasha-Kellogg
School District Phone: 651-565-3559
DNR Lake ID#: 79000501
DNR Lake Classification: General Development
Property ID Number: 050047600
Tax Year: 2026
Tax Amount: 3872
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Set along the water on Peterson Lake, this 2 bedroom, 2 bath ranch pairs incredible river views with an inviting, open interior designed to keep the scenery front and center. The heart of the home is the expansive great room, where a vaulted wood ceiling with exposed beams, a dramatic stone fireplace, and walls of windows create a warm, distinctive gathering space overlooking the water and surrounding bluffs. The adjoining kitchen offers abundant cabinetry, granite countertops, stainless steel appliances, and an oversized island with plenty of seating, while the dining area sits alongside the impressive stone fireplace. Large sliding doors open to a spacious waterfront deck, extending the living space outdoors and providing an ideal setting for dining, relaxing, and taking in the changing river views. The main-level layout also includes two bedrooms, two bathrooms, and convenient laundry, including a primary suite with a private bath featuring dual sinks and a tiled shower. An attached 2 car garage provides additional storage, with even more unfinished space below. Outside, the property includes owned riverbank, a stairway leading down toward the shoreline, and access to Peterson Lake and the Mississippi River. A beautiful setting for enjoying boating, fishing, wildlife, and the everyday rhythm of life on the water.
Directions: From Cty Rd 30 (Hiawtha Dr.), turn on Cty Rd 24, turn on to 652nd St, turn right on 140th Ave.
Accessible
None: 1
Air Conditioning
Central Air: 1
Amenities Unit
Deck: 1
Dock: 1
Kitchen Center Island: 1
Skylight: 1
Vaulted Ceiling(s): 1
Appliances
Dryer: 1
Refrigerator: 1
Washer: 1
Assessments
Assessment Balance: 0
Assessment Installment: 0
Tax With Assessments: 3872
Basement
Concrete Block: 1
Partial: 1
Unfinished: 1
Bath Description
Main Floor 3/4 Bath: 1
Building Information
Finished SqFt Above Ground: 1656
Construction Status
Previously Owned: 1
Dining Room Description
Informal Dining Room: 1
Kitchen/Dining Room: 1
Living/Dining Room: 1
Exterior
Wood: 1
Fireplace Characteristics
Gas Burning: 1
Foundation
Concrete Block: 1
Fuel
Propane: 1
Heating
Forced Air: 1
Insurance Fee
Insurance Fee: 0
Lake Details
Lake Depth: 0
Laundry
Main Level: 1
Lease Details
Land Leased: Not Applicable
Lock Box Type
Combo: 1
Miscellaneous Information
DP Resource: Yes
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 624
Patio, Porch and Deck Features
Deck: 1
Roof
Asphalt Shingles: 1
Sewer
Private Sewer: 1
Special Search
All Living Facilities on One Level: 1
Main Floor Bedroom: 1
Main Floor Laundry: 1
Stories
One: 1
Water
Well: 1
Waterfront Type
Lake Front: 1
Location Tax and Other Information
House Number: 65054
Street Name: 140th
Street Suffix: Avenue
Postal City: Wabasha
County: Wabasha
State: MN
Zip Code: 55981
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Deck; Dock; Kitchen Center Island; Skylight; Vaulted Ceiling(s)
Appliances: Dryer; Refrigerator; Washer
Basement: Concrete Block; Partial; Unfinished
Bath Description: Main Floor 3/4 Bath
Construction Status: Previously Owned
Dining Room Description: Informal Dining Room; Kitchen/Dining Room; Living/Dining Room
Exterior: Wood
Fireplace Characteristics: Gas Burning
Foundation: Concrete Block
Fuel: Propane
Heating: Forced Air
Laundry: Main Level
Lock Box Type: Combo
Roof: Asphalt Shingles
Sewer: Private Sewer
Special Search: All Living Facilities on One Level; Main Floor Bedroom; Main Floor Laundry
Stories: One
Water: Well
Waterfront Type: Lake Front
Room Information
| Room Name | Level |
| Dining Room | Main |
| First (1st) Bedroom | Main |
| Great Room | Main |
| Kitchen | Main |
| Laundry | Main |
| Second (2nd) Bedroom | Main |
| Bathroom | Main |
| Bathroom | Main |
| Storage Room | Lower |
Listing Office: Re/Max Results
Last Updated: September - 08 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
