





22740 Bluegrass Road, Albert Lea, MN 56007 - MLS# 7167938
$442,000
Versatile 10-Acre Country Estate, Hobby Farm & Horse Property with Indoor Arena! 22740 Bluegrass Rd, Albert Lea, MN 56007 $442,000. Book your showing for this rare opportunity to experience the best of country living on 10 versatile acres, perfectly positioned right on the edge of town! Held by a single owner for over 40 years, this established property was built from the ground up to support equestrian life, hobby farming, and a wide variety of personal interests. Whether you are looking for a true horse property or simply crave room to spread out, this estate offers an unmatched blend of privacy, rural freedom, and town convenience. The outbuildings & versatile infrastructure of a year-round indoor arena/multipurpose building is a massive asset offering endless possibilities. While ideal for equestrian training through all four seasons, this expansive building is equally well-suited for heavy equipment storage, classic cars, a massive workshop, recreational toys, or supplemental rental potential. A separate outdoor arena area sits nearby. The main center-aisle barn is a highly practical layout featuring a traditional center aisle, flexible box stalls with direct paddock run-outs, tie stalls for quick grooming, a dedicated tack room, a feed room, and expansive
overhead hay loft. (Can also be adapted for alternative livestock or general storage). A second, smaller barn offers extra stabling or livestock flexibility. The property also includes a dedicated storage lean-to/bay for large trailers and a separate utility shed for an ATV, lawnmower, or farm tools. Thoughtfully laid out pasture and field infrastructure set up for effortless daily management. The original 3-bedroom, 3-bathroom home with an attached garage features a comfortable, open layout. Highlights included a spacious kitchen and living room layout, an inviting three-season porch, and an outdoor deck overlooking the acreage. With endless potential and room to make your dreams a reality, this property offers an acreage you can enjoy with the freedom of a true country lifestyle with town amenities just minutes away. Bring your horses, your hobby farm, your vision, and make it your own!
Interior Information
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Questions and Answers
How much is 22740 Bluegrass Road?
22740 Bluegrass Road in Albert Lea, MN, is listed at $442,000 as of Nov 11, 2026 ($195 per finished square foot and 6 days on market).
What school district is 22740 Bluegrass Road in?
The MLS lists the school district as Albert Lea (ISD 241). Confirm enrollment with the district.
What are the property taxes for 22740 Bluegrass Road?
Property taxes are $3,740 for 2026. No special assessments are pending.
Does 22740 Bluegrass Road have an HOA fee?
No. The listing shows no homeowners association fee.
Can you keep horses at 22740 Bluegrass Road?
Yes. The MLS lists the lot as suitable for horses on 10 acres, with indoor arena, stables and tack room. Animal-unit limits are set by Albert Lea; confirm the number allowed before you buy.
Is 22740 Bluegrass Road on city water and sewer?
It has a private well and city sewer.
How do I schedule a showing of 22740 Bluegrass Road?
Call Pederson Realty anytime at 612-356-2121 to ask about this home, schedule a showing, or be connected to an agent. You can also contact the agent shown on this page or use the Tour in Person button. We can usually set up a showing within a day.






