10998 Point Douglas Drive S, Hastings, MN 55033

$6,859,000
  • 10998 Point Douglas Drive S, Hastings, MN 55033 Main Photo

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Active
LOT SIZE 210.500 acres MLS#6755766
STATUSActive PROPERTY TYPELand - Farm SCHOOLHastings

Property Description

Attention investors, developers, and estate planners: a truly rare opportunity awaits with 210.5 +/- acres of prime land located within the City of Cottage Grove, Minnesota. Featuring direct frontage and access to Highway 61, this exceptional property is currently zoned Agricultural, with a transitional designation in the city's Comprehensive Plan, signaling strong future development potential. Presently operating as a productive farming enterprise, the land includes irrigation wells, power infrastructure, and valuable oak timber poised for future harvest and sale. The property also holds potential gravel deposits, adding another layer of long-term value. The scenic, park-like setting includes two well-maintained homes, several outbuildings, pasture, and fencing?ideal for continued agricultural use or as an estate property. Large-scale power access along lot lines and nearby power stations enhance the site's utility for future commercial or residential development. Enjoy the benefit of Agricultural Preservation tax advantages while holding the land for future appreciation, just minutes from the Twin Cities Metro Area. With few large parcels remaining this close to urban amenities and with direct access to a major highway, this farm stands out as a blank slate with endless potential for visionaries looking to shape the next phase of growth in the region.

10998 Point Douglas Drive S | MLS# 6755766

This land located at 10998 Point Douglas Drive S, Hastings, MN 55033 is currently listed for sale with an asking price of $6,859,000. The property has approximately 210.50 Acres. Point Douglas Drive S is located within the Hastings school district. Search Hastings real estate on www.legacyr.com today.

Property Features

Property Type: Land - Farm
Lot Size: 210.50 Acres
Taxes: $8,650

Feature Descriptions

Days on Site: 258
Development Status: Raw Land
Lot Dimensions: 2643 ft x 3029 ft x 2997 ft x 3247 ft
Topography: Gently Rolling
Utilities: Electricity Available, Electricity Connected

Local Schools

School District: Hastings

Listed By / Shown By

Listed By

Agency Name: LandProz Real Estate, LLC
Agency Phone: 507-208-0791

Shown By

Agency Title: RE/MAX Legacy Realty
Agency Phone: 701-492-5050

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Estimated Payment

$ 17,986.54 per month $15,265.16 Principal & Interest $720.83 Property Tax $2,000.54 Homeowner's Insurance

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