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    28418 Cherrywood Rd Paynesville, MN 56362

    For Sale
    $65,000

    Lots & Land - Paynesville, MN

    Lot size:
    1.40 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 14 at 3:06 am

    Property Features for 28418 Cherrywood Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential-Single Family
    APN
    26163000013
    Lot size
    1.40 Acres

    Building Details

    Architectural style
    Other

    First Realty, Inc. (320) 252-4908 [email protected]

    Listing agent Jeremy Rodenwald (320) 252-4908

    Listing date Nov 19, 2025

    MLS# 6510886 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 Near Lake Koronis

    Koronis Ridge in Paynesville, MN, offers ten residential building lots, each ranging from 1.4 to 1.5 acres. The development is located within half a mile of Koronis Hills Golf Course and is bordered by the Lake Koronis bike trail. Lake Koronis public access is a quarter mile away. There is potential for neighboring horse boarding facilities. These lots offer the convenience of nearby amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Auto Repair Shop Auto Parts Store Bar & Pub Garden Center Electrical Service Convenience Store Breakfast Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Paynesville
    County
    Stearns
    State
    Minnesota
    Longitude
    -94.703177
    Latitude
    45.356649

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    FAQs

    What type of property is this?
    Residential land & home lot - Residential building lots near golf course, bike trail, and lake.
    Where is this residential land & home lot located?
    The property is located at 28418 Cherrywood Rd Paynesville, MN.
    What is the asking price?
    The asking price for this property is $65,000.
    What are key features of this property?
    This property features: - Large 1.4-1.5 acre residential building lots.; - Located within half a mile of Koronis Hills Golf Course.; - Bordered by the scenic Lake Koronis bike trail.
    (320) 252-4908
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    28418 Cherrywood Rd Paynesville, MN 56362
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    Paynesville, MN 56362
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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
    28418 Cherrywood Rd Paynesville, MN 56362
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