1701 Oakwood Terrace Have you ever dreamed of building your own home? Explore the possibilities on Oakwood Terrace. Purchase this vacant lot individually or consider acquiring the adjacent available lot to create a larger combined property with added space and flexibility. Set in the established Oak Knoll Addition near Albert Lea Lake and South Shore Drive, this location offers an appealing opportunity for a future homesite. Seller has improved the property with DNR approved grading a path to the shoreline. Buyer to verify all intended uses, utilities, zoning, building requirements and shoreline restrictions.