1960 Knollwood Dr, Fairmont, MN, 56031
About This Home
Welcome to this beautifully designed 5 bedroom, 4 bathroom home located on Knollwood Drive—this home has something to offer everyone in the family! Step inside to an inviting main floor with tall ceilings and a cozy gas fireplace that serves as the focal point of the living area. The kitchen features an abundance of cabinet and storage space along with a convenient eat-in breakfast nook. You’ll also find a formal dining room on the main level, perfect for gatherings, along with a large laundry/mud room for added convenience. The spacious primary suite provides a private retreat, complete with a large bathroom featuring a jetted tub, separate shower, and walk-in closet. Upstairs, you’ll find three additional bedrooms and a full bath. The lower level expands your living options with a fifth bedroom, 3/4 bath, and multiple flexible spaces including a home gym area and extra storage along with an amazing family room. Outside, enjoy the attached two-stall garage with one stall double deep—ideal for extra vehicles, toys, or workspace—plus a backyard ProShed for even more room. Shingles new in 2025. This home truly checks all the boxes for space, layout, and functionality—schedule your showing today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1992
Materials
- Roof: Age 8 Years or Less
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
- Laundry features: Laundry Room,Main Level
Basement
- Has basement: Yes
- Basement: Full,Concrete,Sump Pump
Bathroom
- Level: Main
- Area: 30
- Dimensions: 5x6
Bathroom
- Level: Upper
- Area: 84
- Dimensions: 7x12
Bathroom
- Level: Basement
- Area: 64
- Dimensions: 8x8
Bedroom
- Level: Main
- Area: 234
- Dimensions: 18x13
Bedroom2
- Level: Upper
- Area: 165
- Dimensions: 11x15
Bedroom3
- Level: Upper
- Area: 180
- Dimensions: 12x15
Bedroom4
- Level: Upper
- Area: 154
- Dimensions: 14x11
Bedroom5
- Level: Basement
- Area: 234
- Dimensions: 18x13
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Dining Room
- Level: Main
- Area: 165
- Dimensions: 11x15
Exercise Room
- Level: Basement
- Area: 340
- Dimensions: 20x17
Features
- Number of fireplaces: 2
- Fireplace features: Electric,Gas
- Fireplace: Yes
- Finished area below ground: 1,404
- Finished area above ground: 2,234
Foyer
- Level: Main
- Area: 40
- Dimensions: 5x8
Great Room
- Level: Basement
- Area: 442
- Dimensions: 17x26
Heating & Cooling
- Heating features: Baseboard,Forced Air,Fireplace(s)
- Cooling features: Central Air
Interior Area
- Total structure area: 3,638
- Total interior livable area: 3,638 sqft
Kitchen
- Level: Main
- Area: 238
- Dimensions: 14x17
Laundry
- Level: Main
- Area: 98
- Dimensions: 7x14
Living Room
- Level: Main
- Area: 374
- Dimensions: 17x22
Porch
- Level: Main
- Area: 30
- Dimensions: 6x5
Primary Bathroom
- Level: Main
- Area: 120
- Dimensions: 8x15
Storage
- Level: Basement
- Area: 84
- Dimensions: 12x7
Storage
- Level: Basement
- Area: 176
- Dimensions: 22x8
Walk In Closet
- Level: Main
- Area: 40
- Dimensions: 5x8
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 230500180
- Zoning description: Residential-Single Family
- Foundation area: 1404
Features
- Levels: Two
- Stories: 2
- Pool features: None
- Patio & porch: Deck,Patio,Screened
- Fencing: None
Lot
- Lot size: 0.39 Acres
- Features: Tree Coverage - Light
- Lot size dimensions: 0.39 Acres
Parking
- Total spaces: 4
- Parking features: Attached,Concrete
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Carport spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Winter Weather
- Strong Wind
- Tornado
- Hail
- Heat Wave
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Martin County and Minnesota
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,679 | $32,148 |
| Home Insurance * | $532 | $6,384 |
| Property Taxes | $665 | $7,980 |
| Electricity | $306 | $3,682 |
| Total | $4,182 | $50,184 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-06 | Listed for sale | $539,000 |
| 2023-07-03 | Sold | $514,000 |
| 2023-06-08 | Pending sale | $524,900 |
| 2023-05-31 | Listed for sale | $524,900 |
| 2006-06-19 | Sold | $275,000 |
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