Rare chance to own the largest undeveloped parcel in the heart of Monticello in this historic area. Spanning over 7 acres of scenic land surrounded by mature trees, this property is filled with possibilities. Whether you’re envisioning a private estate or planning for future higher-density development, this land offers the perfect foundation for your vision.
An existing single-family home sits on the property but is not accessible and likely a teardown—the true value lies in the expansive, untouched landscape.
Opportunities like this are few and far between. Sold “as is.” Showings are by appointment only, and all land walks must be scheduled in advance.
Active
$380,000
511 Territorial Rd, Monticello, MN 55362
--beds
--baths
7.1Acres
Unimproved Land
Built in 1855
7.1 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Expansive untouched landscapeLargest undeveloped parcel
- 255 days |
- 77 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Price Realty 612-502-5500,
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6816085
Facts & features
Interior
Features
- Has basement: No
Property
Lot
- Size: 7.1 Acres
- Dimensions: 307 x 916 x 987 x 369
- Features: Tree Coverage - Medium
- Topography: Sloped
Details
- Parcel number: 155500123300
- Zoning description: Residential-Single Family
Utilities & green energy
- Utilities for property: Other Available, Private Septic Connected, Private Well Connected
Community & HOA
Community
- Features: No
HOA
- Has HOA: No
Location
- Region: Monticello
Financial & listing details
- Tax assessed value: $401,900
- Annual tax amount: $3,902
- Date on market: 11/10/2025
- Inclusions: None
- Road surface type: Unimproved
Estimated market value
Not available
Estimated sales range
Not available
$1,974/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/10/2025 | Listed for sale | $380,000-3.8% |
Source:  NorthstarMLS as distributed by MLS GRID #6816085 Report a problem | ||
| 3/1/2025 | Listing removed | $395,000 |
Source: NorthstarMLS as distributed by MLS GRID #6590785 Report a problem | ||
| 8/26/2024 | Listed for sale | $395,000+147.6% |
Source: NorthstarMLS as distributed by MLS GRID #6590785 Report a problem | ||
| 8/31/2020 | Sold | $159,530-68.1% |
Source: NorthstarMLS as distributed by MLS GRID #5614124 Report a problem | ||
| 10/2/2016 | Listing removed | $500,000 |
Source: Coldwell Banker Burnet - Stillwater #4355580 Report a problem | ||
| 4/29/2015 | Listed for sale | $500,000 |
Source: Coldwell Banker Burnet - Hudson #4355580 Report a problem | ||
| 7/28/2014 | Listing removed | $500,000 |
Source: Coldwell Banker Burnet - Hudson #4355580 Report a problem | ||
| 4/16/2013 | Listed for sale | $500,000 |
Source: Coldwell Banker Burnet - Hudson #4355580 Report a problem | ||
| 1/2/2013 | Listing removed | $500,000 |
Source: Coldwell Banker Burnet - Hudson #3965109 Report a problem | ||
| 6/3/2012 | Price change | $500,000-28.6% |
Source: Coldwell Banker Burnet - Hudson #3965109 Report a problem | ||
| 9/2/2010 | Listed for sale | $700,000 |
Source: NRT Minneapolis #3965109 Report a problem | ||
| 7/3/2010 | Listing removed | $700,000 |
Source: NRT Minneapolis #3452345 Report a problem | ||
| 1/23/2010 | Price change | $700,000-22.2% |
Source: NRT Minneapolis #3452345 Report a problem | ||
| 6/19/2008 | Listed for sale | $900,000 |
Source: NRT Minneapolis #3452345 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,902 +4.9% | $401,900 +8.6% |
| 2024 | $3,720 +7% | $370,200 +0.3% |
| 2023 | $3,476 +72.1% | $369,200 +12.1% |
| 2022 | $2,020 -1% | $329,300 +87.3% |
| 2021 | $2,040 -16.6% | $175,800 |
| 2020 | $2,446 -62.7% | $175,800 |
| 2019 | $6,560 +168.2% | $175,800 -13.4% |
| 2018 | $2,446 +16.8% | $203,000 +8.2% |
| 2017 | $2,094 +5.5% | $187,600 |
| 2016 | $1,984 | -- |
| 2015 | $1,984 +0.3% | -- |
| 2014 | $1,978 -7% | -- |
| 2013 | $2,126 -4.8% | -- |
| 2012 | $2,234 -6.7% | -- |
| 2011 | $2,394 -10.8% | -- |
| 2010 | $2,682 +11.1% | -- |
| 2009 | $2,415 +16.4% | -- |
| 2008 | $2,076 +37.1% | -- |
| 2007 | $1,514 +5.3% | -- |
| 2006 | $1,438 +10.4% | -- |
| 2005 | $1,303 +19.3% | -- |
| 2004 | $1,092 +20.8% | -- |
| 2003 | $904 +10.7% | -- |
| 2002 | $816 +13.3% | -- |
| 2001 | $720 | -- |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 55362
Nearby schools
GreatSchools rating
- NAEastview Education CenterGrades: PK-KDistance: 1 mi
- 7/10Monticello Middle SchoolGrades: 6-8Distance: 0.2 mi
- 9/10Monticello Senior High SchoolGrades: 9-12Distance: 0.8 mi
- $932,6006 bd6 ba5k sqft506 Territorial Rd, Monticello, MN 55362Off Market
- $310,0003 bd-- ba1.6k sqft602 Fallon Ave NE, Monticello, MN 55362Sold
- $--2 bd2 ba-- sqft707 E 7th St #F320A52C6, Monticello, MN 55362Off Market
- $--1 bd1 ba-- sqft707 E 7th St #776F18CCB, Monticello, MN 55362Off Market
- $--1 bd1 ba-- sqft707 E 7th St #1, Monticello, MN 55362Off Market
- $--2 bd1 ba950 sqft708 7th St NW #511-202, Monticello, MN 55362Off Market
- $--2 bd2 ba1k sqft708 7th St NW #700-102, Monticello, MN 55362Off Market
- $--2 bd2 ba1k sqft708 7th St NW #714-101, Monticello, MN 55362Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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