Looking for a southeast Minnesota property that is already set up to generate income? This recently renovated 3-bedroom, 1-bath home in downtown Elba is currently operating as an Airbnb, giving a buyer the option to keep it running from day one. Elba sits in the heart of Winona County’s bluff country, tucked into the Whitewater River valley. The home is located right next to the city park, and Whitewater State Park is just a few minutes down the road. That location is what draws guests here year-round. Spring and summer bring trout anglers, hikers, campers and families heading to the swimming beach. Fall brings leaf color, bowhunters and deer hunters heading to the surrounding public land in the Whitewater Wildlife Management Area. Winter brings snowshoers, cross-country skiers and folks looking for a quiet getaway in the valley. The Whitewater River and its tributaries are designated trout streams, and the surrounding bluffs and hardwoods hold turkeys and whitetails. The renovation work has been completed, so a new owner can skip the project phase. The home offers three bedrooms and one full bathroom, with over 1400 sq ft of living space. For an investor, this property offers an established short-term rental in a destination area with steady visitor traffic. The property also works well for a buyer who wants a personal getaway close to the outdoors. Use it for your own fishing trips and hunting weekends, and rent it out the rest of the year to help offset ownership costs. It can also serve as a full-time residence for someone who wants small-town living with quick access to trout water and public hunting ground in southeast Minnesota. Elba is approximately 3 miles from Whitewater State Park, 11 miles from St. Charles, 13 miles from Plainview, 33 miles from Rochester and 35 miles from Winona, putting shopping, dining and services within an easy drive.
Single-familyProperty Type
1873Year Built
7,579 sq ftLot Size
$189Price/Sq.Ft.
Listed by Robert Stalberger• Whitetail Properties Real Estate
This 3-bedroom 1-bath home sits in downtown Elba next to the city park. The property is great for someone looking to do a fixer upper. With the property location this would be an ideal home for someone to use as a VRBO or Air B&B option. Just a short drive to Whitewater State Park for fishing, hiking, hunting and more. This property is being sold AS-IS.
Public Records
Aug 30, 2019
Sold
$50,000
$35/sq ft
Public Records
Nov 6, 1994
Sold
$47,500
$33/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,072 (+26.7%)
$16,700 + $81,100
$97,800
2025
$846 (−0.2%)
$16,700 + $69,600
$86,300
2024
$848 (+146.5%)
$16,700 + $71,500
$88,200
2023
$344 (+13.9%)
2022
$302 (−22.6%)
2021
$390 (−59.8%)
2020
$970 (+2.8%)
$13,400 + $38,200
$51,600
2019
$944 (−1.9%)
$13,400 + $38,800
$52,200
2018
$962 (+7.4%)
$13,400 + $41,100
$54,500
2017
$896 (+61.7%)
$13,400 + $32,100
$45,500
2015
$554 (+1.5%)
$13,400 + $34,900
$48,300
2014
$546 (−13.1%)
$13,400 + $35,900
$49,300
2013
$628
$13,400 + $39,100
$52,500
Public record
Beds
3
Baths
1
Stories
1.2
Lot width
—
Lot depth
—
Lot size
7,579 Sq. Ft.
Year renovated
1977
Finished Sq. Ft.
1,428
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,428
Year built
1873
Style
Single Family Residential
County
Winona County
APN
230000910
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 27, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 99° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Altura, MN • 55910
Average low and high temperatures (°F)
23
7
30
14
49
29
57
39
68
48
77
60
82
65
77
60
74
55
64
44
44
31
29
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
75/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8 hrs
4.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1110 Fairwater Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $250,000 and $269,900.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $250K to $270K.