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.
Est. $2,885 per month, based on comparable rentals
Sale and tax history for 1040 Mayowood Rd SW
Sale History
Tax History
Date
Event
Price
NORTHSTARMLS as Distributed by MLS Grid #7037935
Aug 14, 2026
Sold
$526,000
Jul 1, 2026
Pending
—
May 14, 2026
Relisted
—
May 5, 2026
Contingent
—
May 2, 2026
Listed
$545,000
Apr 30, 2026
Coming Soon
$545,000
Year
Property tax
Land + Additions
Assessment*
2026
$7,202 (−0.8%)
$80,000 + $435,300
$515,300
2025
$7,258 (+22.4%)
$80,000 + $433,900
$513,900
2024
$5,928 (+3.7%)
$60,000 + $410,700
$470,700
2023
$5,716 (+3.8%)
$60,000 + $390,400
$450,400
2022
$5,508 (+4.8%)
$49,861 + $350,425
$400,286
2021
$5,254 (−1.7%)
$49,650 + $331,350
$381,000
2020
$5,346 (+1.0%)
$49,540 + $322,300
$371,840
2019
$5,294 (+2.4%)
$49,320 + $320,560
$369,880
2018
$5,168 (+5.7%)
$49,200 + $309,400
$358,600
2017
$4,888 (+15.7%)
$48,800 + $285,200
$334,000
2015
$4,224 (+1.6%)
$48,300 + $251,600
$299,900
2014
$4,158
$48,300 + $251,600
$299,900
Public record
Public record
Zoning
Permits
Beds
4
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
2.01 Acres
Year renovated
1985
Sq. Ft.
2,818
Year built
1940
Style
Single Family Residential
County
Olmsted County
APN
641133062842
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 9, 2026.
R1
Mixed Single Family District
The R-1 district is intended to maintain and promote areas of low residential density where the emphasis is generally on the development of single-family dwellings of various styles. Uses supportive and in character with low-density residential are permitted. This district also provides opportunities for in-fill development in established areas through the efficient use of the existing housing stock and infrastructure
Permitted uses
Include but are not limited to:
Library
Museum / gallery
Death related/funeral home
May 12, 2026 • Active
Residential electrical
Install electrical wiring for a radon mitigation system.
Electrical
Sep 22, 2014 • Active
Residential mechanical (hvac)
Replace the furnace in a residential building.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking Information
Parking Features: Multiple Garages
Garage Spaces: 4
Garage Sq. Ft.: 864
Interior
Bedroom Information
# of Bedrooms: 4
Bathroom Information
# of Full Baths (Total): 2
# of Half Baths (Total): 1
Description: Full Primary,Private Primary,Main Floor 1/2 Bath,Main Floor Full Bath
Room 1 Information
Room Type: Bathroom
Room Dimensions: 8.5x7.5
Room Level: Main
Room 2 Information
Room Type: Bathroom
Room Dimensions: 6.5x7.5
Room Level: Main
Room 3 Information
Room Type: Bathroom
Room Dimensions: 4.5x3
Room Level: Main
Room 4 Information
Room Type: Dining Room
Room Dimensions: 12x9.4
Room Level: Main
Room 5 Information
Room Type: Family Room
Room Dimensions: 19.5x21
Room Level: Main
Room 6 Information
Room Type: Bedroom
Room Dimensions: 12.5x10.6
Room Level: Main
Room 7 Information
Room Type: Informal Dining Room
Room Dimensions: 7.5x11.5
Room Level: Main
Room 8 Information
Room Type: Kitchen
Room Dimensions: 19x15
Room Level: Main
Room 9 Information
Room Type: Living Room
Room Dimensions: 29x18
Room Level: Main
Room 10 Information
Room Type: Office
Room Dimensions: 16x11.5
Room Level: Main
Room 11 Information
Room Type: Bedroom 2
Room Dimensions: 15.4x14
Room Level: Main
Room 12 Information
Room Type: Bedroom 3
Room Dimensions: 15.5x13.5
Room Level: Main
Room 13 Information
Room Type: Bedroom 3
Room Dimensions: 12x9.4
Room Level: Main
Laundry Room Information
Laundry Features: In Basement, In Hall, Lower Level, Main Level
Basement Information
Has Basement
Basement Features: Block, Unfinished
Dining Room Information
Dining Room Features: Eat In Kitchen,Kitchen/Dining Room,Separate/Formal Dining Room
Other Rooms Information
4 BR on One Level,All Living Facilities on One Level,Main Floor Primary,Main Floor Bedroom,Main Floor Laundry
Road Frontage Type: Cul De Sac, No Outlet/Dead End, Private Road
Road Responsibility: Private Maintained Road
Financial
Tax Information
Tax Annual Amount: $7,169.44
Tax Year: 2026
Tax With Assessments: $7,169.44
Utilities
Utility Information
Water Source: Shared System, Well
Electric: Circuit Breakers
Sewer: Mound Septic, Tank with Drainage Field
Fuel: Natural Gas
Location
School Information
Elementary School: Ben Franklin
Middle Or Junior High School: Willow Creek
High School: Mayo
High School District: Rochester
School District Number: 535
School District Phone: 5073283000
Location Information
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.
Map Coordinate: 999-A1
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 2,818
Stories: 1.0
Lot Size: 2.01 acres
Style: Single Family Residential
Year Built: 1940
Year Renovated: 1985
County: Olmsted County
APN: 641133062842
Home facts updated by county records on Jul 9, 2026
Other
Home Information
Living Area: 2818
Living Area Units: Square Feet
Main Level Finished Area: 2818
Building Area Total: 3586
Foundation Details: Block
Levels: One
Around this home
Schools
Franklin Elementary School
Public PreK-5 • Assigned • 1.4mi
3/10
Willow Creek Middle School
Public 6-8 • Assigned • 1.8mi
5/10
Mayo Senior High School
Public 9-12 • Assigned • 1.7mi
9/10
Provided by GreatSchools
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 98° 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
Rochester, MN • 55902
Average low and high temperatures (°F)
23
7
31
15
49
29
57
39
69
49
78
60
82
65
78
61
76
56
64
46
45
31
29
15
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
72/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.7 hrs
3.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$524,000 – $634,000
Sell confidently with a local market expert in Rochester.