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    2872 Timber Rdg Dr NE Owatonna, MN 55060

    Sponsored
    Picture of Residential land & home lots at Timber Rdg Dr NE 2872, Owatonna, MN
    For Sale
    $67,900

    Lots & Land - Owatonna, MN

    Lot size:
    0.35 Acres
    Days on Market:
    209
    Last Refresh:
    Jan 10 at 12:06 pm

    Property Features for 2872 Timber Rdg Dr NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential-Single Family
    APN
    175980314
    Lot size
    0.35 Acres

    Building Details

    Architectural style
    Other

    Berkshire Hathaway Homeservices Advantage Real Estate (507) 213-1777 [email protected]

    Listing agent Rebecca M. Hermanson-Hill (507) 213-1777

    Listing date Jun 16, 2025

    MLS# 6400112 Listing URL

    Copyright © 2026 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 in Owatonna Development

    Located in Owatonna, this residential land offers an opportunity to build in the Majestic Oaks development. The available lots are generously sized, providing homeowners with ample space for customization and landscaping. The location offers a blend of rural ambiance and residential neighborhood conveniences. The property is zoned for residential single-family use. The lot size is approximately 0.35 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Owatonna
    County
    Steele
    State
    Minnesota
    Longitude
    -93.192281
    Latitude
    44.112815

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    FAQs

    What type of property is this?
    Residential land & home lot - Oversized residential lots in a desirable Owatonna neighborhood.
    Where is this residential land & home lot located?
    The property is located at 2872 Timber Rdg Dr NE Owatonna, MN.
    What is the asking price?
    The asking price for this property is $67,900.
    What are key features of this property?
    This property features: - Oversized lots provide ample space for customization and outdoor enjoyment.; - Combines the tranquility of country living with the convenience of a residential neighborhood.; - Located in Owatonna.
    (507) 213-1777
    Request Owner's contact information
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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
    2872 Timber Rdg Dr NE Owatonna, MN 55060
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