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About This Home

This 4-bedroom, 3-bathroom single family at 1040 Mayowood Road SW in Rochester, MN is listed for $545,000 ($193 per sqft). Built in 1940, the home offers 2,818 sqft of living space on a 2.01 acres lot.

Agent 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.

Key Features

  • Built in 1940
  • 2.01 acre lot
  • Fireplace

Property Details

2 full, 1 half
1940

Amenities

Fireplace

Monthly Cost Estimate

$2,915/mo

20% down · 6.5% · 30 years

Principal$394
Interest$2,362
Insurance$159

Estimates only. Actual payments may vary.

Location

1040 Mayowood Road SW

Rochester, MN 55902

Faulconers Sub

Features & Amenities

Exterior Features

Wood

Property Details

Parking

GarageGarage - Detached

Heating

BaseboardFireplace(s)Forced Air

Cooling

Central Air

Appliances

CooktopDishwasherDryerFreezerGarbage DisposerMicrowaveOven - DoubleRefrigeratorWasherWater - Softener

Questions & Answers

This 4-bedroom, 3-bathroom single family at 1040 Mayowood Road SW is listed at $545,000 ($193/sqft). The estimated monthly payment is $2,362 based on 20% down at 6.5% interest.

Key features include: Built in 1940, 2.01 acre lot, Fireplace. Exterior Features: Wood.

This property is listed by Sandra Reid and can be reached at 5077229790 or sandra.reid@results.net.

SR

Sandra Reid

Agent at RE/MAX Results

(507) 722-9790

Listed by RE/MAX Results · View on Broker Site

MLS# 7037935· Source: listhub· Updated 32 days ago

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1040 Mayowood Road SW, Rochester, MN 55902

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