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    283 3 Lake Dr Madison Lake, MN 56063

    For Sale
    $58,900

    Lots & Land - Madison Lake, MN

    Lot size:
    0.32 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 14 at 1:06 am

    Property Features for 283 3 Lake Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Lot,Residential-Single Family
    APN
    R140534180003
    Lot size
    0.32 Acres

    Building Details

    Architectural style
    Other

    Keller Williams Preferred Realty (952) 746-9696 [email protected]

    Listing agent Aubrey Leasure (952) 746-9696

    Listing date Nov 26, 2025

    MLS# 6731644 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Residential Lots Ready For Building

    These residential lots are ready for the construction of a single-family home. The property is zoned for residential single-family use. Utilities including water, sewer, and electric are available. The lot size is approximately 0.32 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison Lake
    County
    Blue Earth
    State
    Minnesota
    Longitude
    -93.82359009
    Latitude
    44.20432199

    Nearby Similar for Sale

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      6,056 SF

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    • Contact for pricing
      6,056 SF

      Lakeside Hospitality Business Opportunity

      Thriving lakeside bar, grill, and entertainment venue for sale.
      805 Main St, Madison Lake, MN 56063
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    FAQs

    What type of property is this?
    Land - Residential lots available for building single family homes.
    Where is this land located?
    The property is located at 283 3 Lake Dr Madison Lake, MN.
    What is the asking price?
    The asking price for this property is $58,900.
    What are key features of this property?
    This property features: - Ready for new construction of a single-family home.; - Water, sewer, and electric utilities are available.; - Beautiful lot suitable for building.
    (952) 746-9696
    Request Owner's contact information
    283 3 Lake Dr Madison Lake, MN 56063
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    283 3 Lake Dr Madison Lake, MN 56063
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