Balaton Homes for Sale

Balaton Homes for Sale

Welcome to Balaton, Minnesota—a charming small town nestled in the heart of Lyon County, where community spirit thrives and the beauty of rural living beckons. With a population of just over 600 residents, Balaton offers a close-knit atmosphere that is perfect for families, retirees, and anyone looking to escape the hustle and bustle of city life.

Balaton is known for its picturesque landscapes, featuring serene lakes, lush parks, and sprawling fields that provide a stunning backdrop for outdoor enthusiasts. The nearby Lake Balaton is a local gem, offering opportunities for fishing, boating, and leisurely strolls along its shores. The town’s vibrant community is complemented by local events, farmers' markets, and seasonal festivals that bring residents together to celebrate the beauty of small-town living.

If you’re considering a move to Balaton, you’ll be pleased to discover a variety of homes for sale that cater to diverse lifestyles and budgets. From cozy single-family homes with charming character to spacious properties with ample outdoor space, the real estate options in Balaton are as inviting as the town itself. Whether you’re a first-time homebuyer or seeking a peaceful retreat, Balaton’s housing market offers something for everyone.

With its welcoming community, stunning natural beauty, and a range of homes for sale, Balaton, MN, is the ideal place to plant your roots and create lasting memories. Come explore all that this delightful town has to offer and find your perfect home today!

Newest Balaton Homes for Sale

$319,500
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7124824 MLS ⋅ 1,920 SqFt.
Secluded, natural habitat w/pine, spruce, ash, honeysuckle, dogwood, native grasses & more. Deer & pheasant populations abundant w/ frequent sightings year around. Home, dog kennel, deer stand, garage, car ports, firewood storage & heated workshop are add'l features of this unique property.Ag land borders to east & west, while water to south ensures year-round active habitat. In the SE corner of this wildlife sanctuary, a year-round home OR your own hunting/vacation lodge! Original dwelling (32x24) includes a den, living, dining, kitchen & bath. The (54x16) new add'n includes primary suite, 2nd full bath, office & laundry room. Enclosed loft accommodates 6 single or 4-5 double beds. Generac back-up generator, wood-burning stove, propane-powered lights, gas & electric hot water heaters & internet provide options for connected living - or simply unhook from the grid. New sub-surface sewage treatment system & Red Rock Rural water service are fully paid. Xcel Energy, 200 AMP service.

2051 120th Street, Balaton

Listing courtesy of Keller Williams Preferred Realty.

$264,500
ACTIVE Status ⋅ 5 Beds ⋅ 3 Baths ⋅ 7094638 MLS ⋅ 2,634 SqFt.
Opportunity abounds with this roomy ranch style home. Situated on large water front lot, the views are stunning from all angles. Enjoy the sunrise from either the covered deck off dining room or from the patio outside the basement family room. Open floor plan on main level with primary suite separated from other 2 main floor bedrooms. Lower level offers walk out from family room, half bath and an additional 2 bedrooms as well as unfinished mechanical and storage space. Most of what is needed for this property to really shine are updates cosmetic in nature- lighting, flooring, paint etc. Call for your opportunity to view this home today!

1100 Eastbay Avenue, Balaton

Listing courtesy of Edina Realty, Inc..

$330,000
ACTIVE Status ⋅ 4 Beds ⋅ 3 Baths ⋅ 7084500 MLS ⋅ 2,364 SqFt.
Welcome to 2001 Eastbay Ave in Balaton, where the backyard views are hard to beat and the living is easy! Nestled on over half an acre and backing directly up to the Balaton Bay Golf Course, this move-in ready home offers the perfect blend of comfort, space, and outdoor enjoyment. Featuring 4 bedrooms (2 on the main level and 2 in the finished basement) and 2.5 bathrooms, there's room for everyone to spread out. The bright and inviting interior is filled with natural light, while the finished lower level offers additional living space, a full bathroom, and two more bedrooms—perfect for guests, hobbies, or a growing family. Step outside and you'll quickly see what makes this property special. Enjoy your morning coffee, evening BBQs, or summer gatherings on the impressive 700+ sq. ft. deck overlooking the spacious backyard and golf course beyond. Beautiful perennial gardens and mature landscaping add color and charm throughout the seasons. An oversized attached garage provides plenty of room for vehicles, golf carts, toys, and storage, while the home's thoughtful layout and meticulous care make it truly move-in ready. Whether you're watching golfers from your backyard, entertaining on the deck, or simply soaking in the peaceful setting, this is a home you'll love coming back to every day.

2001 Eastbay Avenue, Balaton

Listing courtesy of Edina Realty, Inc..

$155,000
ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7075021 MLS ⋅ 1,080 SqFt.
Move-in ready and packed with possibilities! This beautifully updated 2 bedroom, 1 bathroom home has been extensively renovated from top to bottom, featuring all new plumbing, electrical, fixtures, doors windows, siding, flooring, sheetrock, water heater complete bathroom renovation and even a new sewer line already in place. The thoughtfully optimized floor plan offers comfortable living with a perfect main floor location for a stackable washer and dryer, plus a bonus room in the 1/4 story that would make a great office, hobby room, guest space, or additional storage area. Outside is where this property really shines- the detached triple stall garage is extra deep and offers incredible flexibility. The oversized third stall features an impressive 12-foot door, making it ideal for campers, boats, trailers, toys or oversized equipment. A steel roof gives you peace of mind for decades to come. Whether you're looking for the perfect owner-occupied setup, extra storage space, or an investment opportunity, this property delivers. Rent the house and each garage stall separately for multiple income streams, or keep part of the garage space for yourself while generating rental income from the rest. Clean, updated, functional, and ready to go- move in and be done!

641 Summit Avenue, Balaton

Listing courtesy of Edina Realty, Inc..

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