1705 Oakwood Terrace This could be where you build your dream home! Explore the possibilities on Oakwood Terrace with this vacant lot offering about 77 feet of frontage on Albert Lea Lake. Seller has improved the property with DNR approved grading a path to the shoreline. Purchase this lot individually or consider acquiring the adjacent available lot to create a larger combined property with added space and flexibility. Approximately 5, 050 sq ft is believed to be available for building. Buyer to verify all intended uses, utilities, zoning, building requirements and shoreline restrictions.