Prepare for a complete lifestyle change as you experience unmatched privacy and natural beauty on this stunning 10-acre estate. Your journey begins on a tar road and winds through a picturesque, fruit-tree-lined drive—especially breathtaking during spring bloom—setting the tone for the peaceful retreat that awaits. Tucked among mature trees and overlooking a scenic pond, this property offers daily encounters with wildlife, from waterfowl on the water to deer and turkey at sunrise, all enjoyed from panoramic kitchen views. Evenings bring unforgettable western sunsets, casting a warm glow across your semi-private pond.
No expense has been spared in the home’s extensive updates. The exterior showcases premium James Hardie siding, engineered shakes and trim, a new roof, upgraded exterior doors, and all-new high-end Andersen windows. Inside, you’ll find solid paneled hardwood doors, rich oak trim, new carpet in most rooms, and beautifully updated bathrooms throughout.
The bright, welcoming kitchen features granite countertops and stainless steel appliances and flows seamlessly into the home’s functional layout. The upper level offers a spacious primary suite with a walk-in closet, vanity area, and a stunningly updated ensuite bath, along with two additional bedrooms and a fully updated full bathroom.
The walk-out lower level is ideal for entertaining, complete with a large family room and gaming area, two additional bedrooms, and a beautifully finished ¾ bath with a tiled walk-in shower.
The fully finished 36x54 heated and insulated steel outbuilding, complete with concrete floors and a separate electrical panel, provides exceptional space for a workshop, storage, or hobbies.
Located in the highly sought-after New Prague School District, this property blends refined updates with peaceful country living—an exceptional opportunity to own your own private retreat that doesn't come up often!
Active
Price cut: $10K (5/28)
$859,000
24391 Panama Ave, Elko New Market, MN 55020
5beds
2,652sqft
Est.: Get pre-qualified
Single Family
Built in 1992
10.13 Acres Lot
$-- Zestimate®
$324/sqft
$-- HOA
What's special
- 42 days |
- 3,550 |
- 107 |
Zillow last checked:
Listing updated:
Listed by:
Steven Eischens 612-240-3570,
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7056183
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Bedroom
- Level: Upper
- Area: 238 Square Feet
- Dimensions: 17x14
Bedroom 2
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12x11
Bedroom 3
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 11x10
Bedroom 4
- Level: Lower
- Area: 182 Square Feet
- Dimensions: 13x14
Bedroom 5
- Level: Lower
- Area: 176 Square Feet
- Dimensions: 16x11
Dining room
- Level: Upper
- Area: 120 Square Feet
- Dimensions: 12x10
Foyer
- Level: Main
- Area: 88 Square Feet
- Dimensions: 8x11
Kitchen
- Level: Upper
- Area: 300 Square Feet
- Dimensions: 20x15
Living room
- Level: Upper
- Area: 300 Square Feet
- Dimensions: 20x15
Recreation room
- Level: Lower
- Area: 288 Square Feet
- Dimensions: 12x24
Utility room
- Level: Lower
- Area: 165 Square Feet
- Dimensions: 15x11
Workshop
- Area: 1944 Square Feet
- Dimensions: 36x54
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Washer, Water Softener Owned
- Laundry: Electric Dryer Hookup, Lower Level, Sink, Washer Hookup
Features
- Basement: Block,Egress Window(s),Finished,Full,Storage Space,Tile Shower,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,652
- Total interior livable area: 2,652 sqft
- Finished area above ground: 1,353
- Finished area below ground: 1,136
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Attached, Detached Garage, Gravel, Electric, Garage, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages
- Attached garage spaces: 6
- Has uncovered spaces: Yes
- Details: Garage Dimensions (22x22)
Accessibility
- Accessibility features: None
Features
- Levels: Multi/Split
- Patio & porch: Front Porch, Patio
- Has view: Yes
- View description: West
- Waterfront features: Pond
Lot
- Size: 10.13 Acres
- Dimensions: 1283 x 344
- Features: Tree Coverage - Heavy
Details
- Additional structures: Garage(s), Shed(s), Storage Shed
- Foundation area: 1353
- Parcel number: 039140074
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block, Frame
- Roof: Age 8 Years or Less,Architectural Shingle,Asphalt
Condition
- New construction: No
- Year built: 1992
Utilities & green energy
- Electric: Circuit Breakers, 150 Amp Service
- Gas: Natural Gas, Propane
- Sewer: Mound Septic, Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
- Water: Private, Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Elko New Market
Financial & listing details
- Price per square foot: $324/sqft
- Tax assessed value: $303,800
- Annual tax amount: $3,612
- Date on market: 4/17/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Price change | $859,000-1.2%$324/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7056183 Report a problem | ||
| 4/21/2026 | Listed for sale | $869,000+108.4%$328/sqft |
Source: NorthstarMLS as distributed by MLS GRID #7056183 Report a problem | ||
| 7/30/2018 | Sold | $417,000-0.7%$157/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4961009 Report a problem | ||
| 6/22/2018 | Listed for sale | $420,000$158/sqft |
Source: Russo Realty LLC #4961009 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2014 | $3,398 | -- |
| 2013 | -- | $310,400 |
| 2012 | -- | $310,400 -1.6% |
| 2011 | $3,322 -6.3% | $315,600 -14.4% |
| 2010 | $3,544 +1% | $368,900 -4.4% |
| 2009 | $3,510 -2% | $385,700 |
| 2008 | $3,582 +12.4% | -- |
| 2007 | $3,188 +8.4% | -- |
| 2006 | $2,942 +15.3% | -- |
| 2005 | $2,552 +23.2% | -- |
| 2004 | $2,072 +14.1% | -- |
| 2003 | $1,816 +7.6% | -- |
| 2002 | $1,688 -33.3% | -- |
| 2001 | $2,530 | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 55020
Nearby schools
GreatSchools rating
- 6/10Eagle ViewGrades: PK-5Distance: 3.4 mi
- 8/10New Prague Middle SchoolGrades: 6-8Distance: 7.7 mi
- 9/10New Prague Senior High SchoolGrades: 9-12Distance: 7.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Scott County
- Elko New Market
- 55020
- 24391 Panama Ave
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Nearby zip codes
Other Elko New Market Topics
