Penny Lake   Be the first to submit input for Penny Lake. If you have info on Penny Lake, Freeborn County, Minnesota please submit it here to improve this web site.          These outdoors activities are available near Penny Lake.   Public Lands Near Penny Lake: Rice Lake State Park, Illinois, 22 miles away Rice Lake State Park, Iowa, 22 miles away Myre Big Island State Park, Minnesota, 24 miles away   Hotels Near Penny Lake: Hilltop Inn and Suites, Albert Lea, 19 miles away Crossings by GrandStay Inn & Suites, Waseca, 19 miles away Americinn - Albert Lea, Mn, Albert Lea, 20 miles away BEST WESTERN PLUS Albert Lea I-90/I-35 Hotel, Albert Lea, 20 miles away Holiday Inn Express ALBERT LEA-I-35 & I-90, Albert Lea, 20 miles away   Ski Areas Near Penny Lake: Mount Kato, Minnesota, 32 miles away       240 foot drop, 8 lifts, 19 runs Buck Hill, Minnesota, 54 miles away       309 foot drop, 11 lifts, 13 runs Hyland, Minnesota, 57 miles away       175 foot drop, 6 lifts, 14 runs   Golf Courses Near Penny Lake: Oak View Golf Club, Freeborn, 6 miles away