BETTER THAN GOLD * Lake City/ Lake Pepin Minnesota Hobby Farm7 to 14 Acres with remodeled older farm house and large out-buildings.Year-round partial view of 25,000 acre Lake Pepin (and neighboring golf course)Organic certifiable prime cropland in lake zone; longer growing season. $325k w/ 7 acres - (two adjacent parcels, 3.25 acres each, (see survey/ preliminary plat pic).. available @ $ 40k ea. - as Prime organic 100% tillable or future expansive-view home sites. 60 miles from Minneapolis/ St. Paul; 30 mi. from Rochester/ Mayo Clinic; 5 mi to Lake City, MN.Green border drawn on aerial photo is 14 acres Farmhouse (presently rented, $700 mo.+ util.) has new (within 4 yrs); Roof, furnace, kitchen appl, flooring, ISTS, most windows. Plus cropland rental income.Buyer's agent welcome.* Farmland is essentially the only real estate (or any asset) which has continually increased in value throughout the last 5 years (10%+ annually).
Off market
$321,000
70768 262nd Ave, Lake City, MN 55041
3beds
1,600sqft
SingleFamily
Built in 1950
7 Acres Lot
$-- Zestimate®
$201/sqft
$1,501 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Forced air, Propane / Butane
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Carpet, Hardwood
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 1,600 sqft
Property
Parking
- Total spaces: 6
- Parking features: Garage - Attached, Garage - Detached, Off-street
Features
- Exterior features: Shingle, Wood products, Composition
- Has view: Yes
- View description: Water, Mountain
- Has water view: Yes
- Water view: Water
Lot
- Size: 7 Acres
Details
- Parcel number: 080032500
Construction
Type & style
- Home type: SingleFamily
Materials
- Other
- Roof: Asphalt
Condition
- Year built: 1950
Community & neighborhood
Location
- Region: Lake City