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Madison Lake, MN

Land

Madison Lake, MN Land for Sale

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Eagle Lake, MN Kasota, MN Cleveland, MN Mankato, MN Elysian, MN Janesville, MN Saint Peter, MN North Mankato, MN

14 properties

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Spacious Madison Lake Waterfront Lot

Updated: May 8

Spacious Madison Lake Waterfront Lot

114 East Bay Drive, Madison Lake, MN 56063

$549,900

2.30 AC lot

2.3 acre lake lot with generous lakeshore on Madison Lake
Utilities are property adjacent and access to city sewer system
Madison Lake is a popular recreation and fishing lake
Lot has been surveyed and information is available
First time on the market

Madison Lake Buildable Land

Updated: Aug 20, 2025

Madison Lake Buildable Land

1140 Park Road, Madison Lake, MN 56063

$299,000

1.40 AC lot

Buildable 1.4 acre property with LAKE VIEW AND ACCESS.
Can be split into two lots.
Rare opportunity - one of the last buildable lots in Madison Lake.
Suitable for year‑round residence or seasonal retreat.
Combines convenience with proximity to Madison Lake amenities.

One Acre Lot Near Mankato

One Acre Lot Near Mankato

604th Avenue, Madison Lake, MN 56063

$174,900

1.00 AC lot

One acre lot ready for your dream home and outbuildings.

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Vacant Wooded Residential Lot

Vacant Wooded Residential Lot

24605 State Highway 60, Madison Lake, MN 56063

$121,999

9.32 AC lot

Wooded acreage in Madison Lake with required well and septic, offering space for a future home or development.

Land

Land

29281 Biehn Dr, Madison Lake, MN 56063

$389,900

Residential land & home lots

Level Residential Building Lots

Level Residential Building Lots

82 Balsam Lane, Madison Lake, MN 56063

Contact for pricing

Large, level residential lots for sale near three lakes and the Sakata Trail.

Level Land Lots Near Lakes

Level Land Lots Near Lakes

91 Balsam Lane, Madison Lake, MN 56063

Contact for pricing

Large, level lots near three lakes and Sakata Trail, with access to Madison Lake-area recreation.

Land

Land

924 Three Lakes Ct, Madison Lake, MN

$53,900

Residential land & home lots

Level Land Parcel

Level Land Parcel

54 Evergreen Lane, Madison Lake, MN 56063

Contact for pricing

Level land near three lakes, Sakata Trail, and Mankato.

Land

Land

70 Balsam Lane, Madison Lake, MN 56063

Contact for pricing

Residential land & home lots

Lots/Land

Lots/Land

60410 Frankiedankie Drive, Madison Lake, MN 56063

$119,900

Residential land & home lots

Lots/Land

Lots/Land

305 Krason Drive, Madison Lake, MN 56363

$95,000

Residential land & home lots

Residential Building Lot

Residential Building Lot

73 Balsam Cir, Madison Lake, MN 56063

$45,000

Large residential lots offered in a quiet setting near lakes and the state trail.

Residential Building Lot

Residential Building Lot

67 Balsam Cir, Madison Lake, MN 56063

$45,000

Residential lot available for sale, offered with included assessments and a requirement to use Rome Reichel Construction.

Based on your search, we've compiled 38 Potential Opportunities for your consideration. Besides 14 Active listings in Madison Lake, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 20 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Lake Access Lot with Boat Slip

Lake Access Lot with Boat Slip

46346 Cape Trail, Cleveland, MN 56017

$70,000

1.08 AC lot

1.08 acre lot with lake access and boat slip.

Residential Land in Cleveland, MN

Residential Land in Cleveland, MN

Cape Horn Road, Cleveland, MN 56017

$69,900

1.00 AC lot

One-acre lot suitable for building a home.

Eagle Lake Patio Home Lot

Eagle Lake Patio Home Lot

103 White Fox Path, Eagle Lake, MN 56024

$74,000

0.09 AC lot

Residential land in Eagle Lake's Fox Meadows Development.

Eagle Lake Patio Home Lot

Eagle Lake Patio Home Lot

101 White Fox Path, Eagle Lake, MN 56024

$74,000

0.09 AC lot

Residential land in Eagle Lake's Fox Meadows Development.

Off-Market Properties in Madison Lake, MN

Consider similar Off-Market properties in Madison Lake, MN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Madison Lake, MN 56063

VACANT COMMERCIAL LAND

Madison Lake, MN 56063

$235,000

Estimated value

0.12 AC lot

Madison Lake, MN 56063

VACANT COMMERCIAL LAND

Madison Lake, MN 56063

$205,000

Estimated value

18.85 AC lot

308 Main St

VACANT COMMERCIAL LAND

308 Main St, Madison Lake, MN 56063-7503

$200,000

Estimated value

2,760 sqft 0.87 AC lot

220 Spruce Ave

VACANT COMMERCIAL LAND

220 Spruce Ave, Madison Lake, MN 56063-2070

$230,000

Estimated value

0.39 AC lot

501 Main St

VACANT COMMERCIAL LAND

501 Main St, Madison Lake, MN 56063-2027

$235,000

Estimated value

0.26 AC lot

625 7th St

VACANT COMMERCIAL LAND

625 7th St, Madison Lake, MN 56063-9343

$230,000

Estimated value

0.20 AC lot

X Sunrise Trl

VACANT COMMERCIAL LAND

X Sunrise Trl, Madison Lake, MN 56063

$230,000

Estimated value

0.62 AC lot

Madison Lake, MN 56063

VACANT COMMERCIAL LAND

Madison Lake, MN 56063

Value Estimation by Request

Madison Lake, MN 56063

VACANT COMMERCIAL LAND

Madison Lake, MN 56063

Value Estimation by Request

Madison Lake, MN 56063

VACANT COMMERCIAL LAND

Madison Lake, MN 56063

Value Estimation by Request

Madison Lake, MN Land Market Trends and Statistics

Explore 34 land for sale in Madison Lake, MN, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 610,711 square feet of properties for sale, with an estimated market value of $1,894,499.

Sale prices for lots in Madison Lake, MN start at $45,000, averaging $189,449, and reaching up to $549,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 3,059

Population Growth (5Y) +9.3%

Median Household Income $100,156

College Educated 54.3%

High-Yield Neighborhoods for Investment

Identify Madison Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Pease - 56363	$95K
Madison Lake - 56063	$218.2K

Taxes & Financing

Tax Rate (average for all types) 1.86%

Property Tax per SF $29.86 per SF

Tax Rate vs County Average 0.56 pp below county avg

Average Loan-to-Value 65.0%

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