For Sale: Elk River MLS# 6746912
 
    Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
                                                                Nestled in the heart of Elk River,  this nearly 6 acre parcel offers exceptional opportunity and versatility. Recently rezoned to R3 Residential,  the property is ready for a range of potential uses from a private family retreat surrounded by nature to multifamily or housing and business related developments.
A 66 foot easement runs along the scenic walking trail to the north,  offering convenient access to outdoor recreation. The lot has already undergone a wetland delineation,  and the seller has begun site preparation by filling and compacting a lowland area where Upland meets Elk Lake Road,  creating additional usable space for future construction or enjoyment.
With generous building setbacks and a peaceful setting framed by trails and natural beauty,  this is the perfect canvas to bring your vision to life. Whether that’s residential,  investment driven,  or both!
                            
                                            Listing
                                                                    Listing Status:
                                                                    Active
                            
                                                        
                                                                    Contingency:
                                                                    None
                            
                                                        
                                                                    List Price:
                                                                    $218,000
                            
                                                        
                                                                    Property Type:
                                                                    Lot/Land
                            
                                                        
                                                                    City:
                                                                    Elk River
                            
                                                        
                                                                    County:
                                                                    Sherburne
                            
                                                        
                                                                    State:
                                                                    MN
                            
                                                        
                                                                    Property Style:
                                                                    Lot/Land
                            
                                                        
                                                                    Zip Code:
                                                                    55330
                            
                                            Lot & Land
                                                                    Acres:
                                                                    5.58
                            
                                                        
                                                                    Geolocation:
                                                                    45.320827,  -93.58392
                            
                                                        
                                                                    Inclusions:
                                                                    Easements, For Sale Sign
                            
                                                        
                                                                    Lot Dimensions:
                                                                    408 x 750 x 294 x 855
                            
                                                        
                                                                    Restrictions:
                                                                    Easements
                            
                                                        
                                                                    Zoning:
                                                                    Residential-Multi-Family
                            
                                            Farm
                                                                    Topography:
                                                                    High Ground
                            
                                            Schools
                                                                    School District:
                                                                    728
                            
                                                        
                                                                    District Phone:
                                                                    763-241-3400
                            
                                            
                                Financial & Taxes
                                                                    Tax Year:
                                                                    2024
                            
                                                        
                                                                    Annual Taxes:
                                                                    $1,474
                            
                                                        
                                                                    Lender-owned:
                                                                    No
                            
                                                        
                                                                    Assessment Pending:
                                                                    No
                            
                                                        
                                                                    Taxes w/ Assessments:
                                                                    $1,474
                            
                                                        
                                                                    Association Fee Required:
                                                                    No
                            
                                                        
                                                                    Association Fee:
                                                                    None
                            
                                            Miscellaneous
                                                                    Development Status:
                                                                    Raw Land
                            
                                                        
                                                                    Improvements:
                                                                    Sidewalks
                            
                                                        
                                                                    Available Utilities:
                                                                    
                                            - Cable Available
- Electricity Available
- None Connected
- Phone Available
- Sewer Available
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.
    
    
    
    
            This amortization schedule shows how much of your monthly payment will go towards the principle and how
            much will go towards the interest.
        
        | Month | Principal | Interest | P&I | Balance | 
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance | 
Local Home Mortgage Professionals
                        Listing provided by RMLS,
                            courtesy of National Realty Guild.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
                Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.


 
        
