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Active
$900,000
/mo Edit
Lot/Land:  Lot/Land
26.6 acres
Rochester schools
MLS# 6673615
My rating:
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    Property Description

    This exceptional just under 27-acre property, zoned R2 (low-medium density residential), presents a rare opportunity for developers or those looking to create their dream retreat. With sewer and water lines already installed, the groundwork is set for a seamless development process. Situated in a growing area, the property benefits from the cityâ??s redevelopment of 50th Avenueâ??at no cost to landownersâ??and planned infrastructure improvements, including an additional street that will enhance accessibility and appeal. With two parcels included, this land offers endless potential, whether for a residential development or a private estate. Enjoy the best of both worldsâ??privacy and space, yet just minutes from Mayo Clinic, shopping, and all that Rochester has to offer.Donâ??t miss this rare investment opportunity in a thriving community. Contact us today for more details!

    Listing

    Contingency: None
    City: Rochester
    County: Olmsted
    State: MN
    Property Style: Lot/Land
    Zip Code: 55901
    Subdivision Name: City Lands

    Exterior

    Road Responsibility: Public Maintained Road
    Road Frontage: City Street

    Lot & Land

    Acres: 26.6
    Geolocation: 44.0528920606, -92.5382620971
    Inclusions: Platted
    Lot Dimensions: Irregular
    Addl Parcels: 742033075985
    Restrictions: None
    Zoning:
    • Other
    • Residential-Single Family
    Lot Description:
    • Irregular Lot
    • Tree Coverage - Light

    Farm

    Topography: Low Land

    Schools

    School District: 535
    District Phone: 507-328-3000
    Elementary School: Sunset Terrace
    Middle School: Dakota
    High School: John Marshall

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $168
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $168
    Association Fee Required: No
    Association Fee: None
    Taxable Acres: 26.600

    Miscellaneous

    Development Status: Finished Lot(s)
    Improvements: Curbs, Paved Streets
    Available Utilities:
    • Sewer Available
    • Sewer Connected
    • Water Available
    • Water Connected

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Listing provided by RMLS, courtesy of Lakes Sotheby's International Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.