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Active NEW!
$155,000
/mo Edit
Lot/Land:  Lot/Land
5.12 acres
Glenwood City schools
MLS# 7135474
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    Property Description

    PRIME 5.12-ACRE RESIDENTIAL DEVELOPMENT OPPORTUNITY — PRESTON, MN Exceptional opportunity for builders, developers, and investors! This beautiful 5.12-acre development parcel offers a prime location adjacent to the Preston Golf Course and presents an outstanding opportunity for residential construction in one of Preston’s desirable settings. Ideal for one-story single-family homes, townhomes, or a thoughtfully planned residential development, this spacious property provides developers and local builders with the opportunity to create new housing while taking advantage of Preston’s growing community and convenient amenities. Located near the Minnesota State Veterans Home and Preston Golf Course, the property offers a peaceful, scenic setting while remaining close to everything Preston has to offer. Golfview provides an attractive location for new construction, whether developing homes for sale, investment properties, or a new residential neighborhood. DEVELOPMENT-READY INFRASTRUCTURE Building is made easier with key infrastructure already in place, including: 5.12 acres of prime residential development land adjacent to Preston Golf Course Paved streets Available City water and sewer and other utilities Protective covenants designed to preserve the quality and character of the neighborhood Potential for single-family homes and/or townhome development POTENTIAL NEW CONSTRUCTION INCENTIVES Developers and builders may also benefit from the City of Preston’s New Construction Housing Incentive Program, with incentives of $10, 000+ potentially available through the Preston Economic Development Authority, subject to program requirements and approval. Bring your development vision to Golfview! Whether you're a local builder, residential developer, or investor looking for your next project, this 5.12-acre parcel offers tremendous potential to create quality new housing in a prime golf-course-adjacent setting. Convenient location near the Minnesota State Veterans Home!

    Listing

    Contingency: None
    City: Preston
    County: Fillmore
    State: MN
    Property Style: Lot/Land
    Zip Code: 55965
    Subdivision Name: Golfview Dohery 1st

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 5.12
    Geolocation: 43.683229221, -92.0985049059
    Inclusions: Abstract
    Lot Dimensions: Irregular
    Restrictions: Open
    Zoning: Residential-Single Family

    Farm

    Topography: Level

    Schools

    School District: 2198
    District Phone: 5077653843

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $260
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $260
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Development Status: Raw Land
    Improvements: Paved Streets
    Available Utilities:
    • Broadband Connected
    • Cable Connected
    • Electricity Connected
    • Natural Gas Connected
    • None Available
    • Phone Connected

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.