My notes for this property


Add listing to my favorites (required)
Active
$650,000
/mo Edit
Single Family:  1 Story
3 br • 2 ba • Built 1971
1,678 sqft • 2.34 acres
Elk River schools
MLS# 7084239
My rating:
Request a Showing  
Agent
Ask the Agent

Ask the Agent

    Property inquiries submitted online are continually monitored to provide the best possible service.







    Thank You!

    An agent will be in contact with you soon to answer your question.

    Property Description

    Rare investment opportunity in the heart of Elk River! This 2.34-acre property offers outstanding visibility along Main Street with convenient access between Highway 10 and Highway 169. Currently improved with a single-family home, the property features a beautiful, park-like setting with mature trees and a spacious yard, while also presenting excellent future redevelopment potential. With multifamily and commercial properties located nearby, the site offers a variety of possibilities. A potential second access point from the neighborhood cul-de-sac to the northwest may provide additional development flexibility (buyer to verify with the City of Elk River). An exceptional opportunity for investors, developers, or those looking to secure a prime location with strong future potential.

    Listing

    Contingency: None
    Price per sq ft: $387
    City: Elk River
    County: Sherburne
    State: MN
    Property Style: 1 Story
    Zip Code: 55330

    Interior

    Living Area: 1,678 ft2
    Common Wall: No
    Appliances Included:
    • Dishwasher
    • Dryer
    • Electric Water Heater
    • Microwave
    • Range
    • Refrigerator
    • Washer
    Basement Details:
    • Block
    • Daylight/Lookout Windows
    • Finished
    • Partially Finished
    • Storage Space

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Dimensions: 23x24
    Garage Size: 552 ft2
    Garage Door Height: 7
    Garage Door Width: 16
    Air Conditioning: None
    Foundation Size: 1,128 ft2
    Foundation Dimensions: 40x24
    Handicap Accessible: None
    Out Buildings: Garage(s), Storage Shed
    Road Responsibility: Public Maintained Road
    Heating System: Baseboard
    Parking Features:
    • Attached Garage
    • Gravel
    • Multiple Garages
    Unit Amenities: Sun Room
    Road Frontage:
    • City Street
    • Paved Streets
    • Storm Sewer
    • Street Lights
    Exterior Material: Block
    Roof Details:
    • Age Over 8 Years
    • Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: 1
    Bathroom Details: Main Floor Full Bath
    Dining/Kitchen: Informal Dining Room
    Laundry: In Basement
    Main Level Size Sq Ft
    Dining Room  12 x 15  180 
    Bedroom  12 x 13  156 
    Kitchen  14 x 18  252 
    Living Room  20 x 12  240 
    Bedroom 2  11 x 9  99 
    Sun Room  11 x 15  165 
    Bedroom 3  10 x 12  120 
    Lower Level Size Sq Ft
    Family Room  20 x 12  240 

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 2.34
    Geolocation: 45.301901, -93.547711
    Lot Dimensions: 289 x 562 x 208 x 379
    Zoning: Residential-Single Family
    Lot Description: Irregular Lot

    Schools

    School District: 728
    District Phone: 7632413400

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $4,470
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $4,470
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System:
    • Electric
    • Natural Gas
    Sewer System:
    • Private Sewer
    • Tank with Drainage Field
    Water System:
    • Private
    • Well

    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

    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!

    Apply Online     Contact Eric     Subscribe to My Newsletter    

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