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For sale
  • $649,000

    77653 State Highway 16, Spring Valley, MN 55975

    4beds
    2,596sqft
    : 
    Farm
    Built in 1874
    10.8 Acres Lot
    $616,000 Zestimate®
    $250/sqft
    $-- HOA

    What's special

    Charming farmhouseMultiple outbuildingsExisting farm buildingsGrain storage
    Opportunity waits with this versatile rural bin site of 10.8+/- acres located at 77653 State Hwy 16 near Spring Valley. Set in the scenic countryside of southeast Minnesota, this property offers the ideal combination of country living and functional agricultural infrastructure. The charming farmhouse features 4 bedrooms, 3 bathroom, and over 2,500 finished square feet, offering spacious living areas and plenty of character with room to update and make it your own. In addition to the home, the property is well-equipped with multiple outbuildings and grain storage, making it an excellent option for a hobby farm, farming operation, or rural business venture. The existing farm buildings provide ample space for equipment storage, workshops, livestock, or additional utility uses, while the grain bins add valuable on-site storage capacity for crop production or rental income potential. The surrounding acreage provides open space and a beautiful rural setting with room for recreation, gardening, or expanding agricultural use. Convenient State Highway 16 frontage offers excellent year-round access while maintaining the privacy and quiet of country living. Whether you're looking for a country home with farm infrastructure, a hobby farm setup, or a rural investment property, this acreage provides the flexibility and space to bring your vision to life. This property would make for a great 1031 exchange for anyone looking for the stability of land as an investment or to expand operations of an existing operator. This is very sought-after land in Southern Minnesota that does not come on the market often so don't miss your chance to own this farm for your portfolio. Total acreage is subject to minor changes, as a formal survey will be conducted upon execution of mutually acceptable terms. Property Address: 77653 State Hwy 16, Spring Valley, MN 55975 Property Features: -Roughly 197,000 bushels of dry storage with a 24'*24' scale house and drive over semi scale -Grain legs, dryer and 3 holding bins -Several outbuildings including a 28'*30' shed, 16'*126' pole shed, 40'* 40 workshop - heated with concrete floors -Charming 4-bedroom country home with over 2,500 finished sq ft -Highway #16 frontage with convenient access ideal for the hobby farmer and larger growers -Centrally and conveniently located just minutes from Spring Valley, Stewartville and Grand Meadow in scenic southeast Minnesota
    63 days
    |
    462
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Troy Stafford 507-259-3047,

    High Point Land Company, LLC

    Source: My State MLS,MLS#: 11673217

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Basement
      • Area: 0
      Heating
      • Has Heating (Unspecified Type)
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 0
      • Total interior livable area: 2,596 sqft
      • Finished area above ground: 0

      Property

      Lot
      • Size: 10.8 Acres
      Details
      • Parcel number: 060160060
      • Lease amount: $0

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Farm
      Condition
      • New construction: No
      • Year built: 1874

      Utilities & green energy

      • Electric: Amps(0)

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Spring Valley

      Financial & listing details

      • Price per square foot: $250/sqft
      • Tax assessed value: $586,100
      • Annual tax amount: $2,936
      • Date on market: 3/13/2026
      • Date available: 03/13/2026
      • Listing agreement: Exclusive
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        Estimated market value

        $616,000

        $585,000 - $647,000

        $2,267/mo

        Price history

        DateEventPrice
        3/13/2026Listed for sale$649,000+22050.2%$250/sqft
        Source: My State MLS #11673217 Report a problem
        10/25/2018Sold$2,930$1/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,936 +15.8%$586,100 +1.4%
        2023$2,536 +0.5%$578,200
        2022$2,524 +2.3%--
        2021$2,468 +15.1%--
        2020$2,144 -1.3%--
        2019$2,172 +96%--
        2018$1,108 -51.1%--
        2017$2,266 +104.5%--
        2016$1,108 +4.5%--
        2015$1,060 --
        2012$1,060 --

        Find assessor info on the county website

        Monthly payment

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          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: 55975

          Getting around

          0 / 100
          Car-Dependent
          24 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

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