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514 W Mill Street, 
Paynesville, MN 56362

$194,900


5

Beds


3

Baths


1,965

Sq Ft


Single Family

Active

Listed by

Briana Lee Krause

RE/MAX Results

952-848-2400

Last updated:

August 3, 2026, 12:11 PM

MLS#

7050304

Source:

NSMLS

About This Home

514 W Mill Street

Spacious craftsman-style home offering 5 bedrooms plus 2 versatile bonus/flex rooms, perfect for a home office, hobby space, or guest suite. One upper-level flex room includes a convenient kitchenette, creating great potential for multi-generational living or private retreat space. The main level features 3 bedrooms, a full bath, and a Heat & Glo gas Fireplace in living room. Upstairs, you’ll find 3 additional rooms, including a bedroom with its own 3/4 bath. Recent updates include fresh paint throughout much of the home, new flooring in the dining room and upper-level hallway, a new range hood/vent, new water heater (2025), and a new water softener (2026)—making this home move-in ready while still offering room to add value. Enjoy cozy evenings by the gas fireplace, relax on the front deck, and take advantage of the 3-car garage for ample storage and parking. The unfinished basement provides additional space and future finishing potential. Located in Paynesville, this home offers a unique blend of space, functionality, and classic character.

Home Facts

Single Family

3 Baths

5 Bedrooms

Built in 1928

Subdivision & Development:

Gilberts Add

Price Summary

194,900

$99 per Sq. Ft.

MLS #:

7050304

Last Updated:

August 3, 2026, 12:11 PM

Added:

3 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

1

Interior

Living Area:

1,965 Sq. Ft.


Structure

Structure

Building Area:

3,215 Sq. Ft.

Year Built:

1928


Lot

Lot Size (Sq. Ft):

7,840


Finances & Disclosures

Finances

Price:

$194,900

Price per Sq. Ft:

$99 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.