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    2951 Serenity Ln NE Rochester, MN 55906

    For Sale
    $285,000

    Lots & Land - Rochester, MN

    Lot size:
    4.22 Acres
    Days on Market:
    345
    Last Refresh:
    Dec 6 at 3:06 am

    Property Features for 2951 Serenity Ln NE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential-Single Family
    APN
    732044082786
    Lot size
    4.22 Acres

    Taxes and HOA fees

    Expense value
    710
    Expense
    Home Owner Assessments Fee
    Expense freq.
    Annually

    Building Details

    Architectural style
    Other

    Elcor Realty of Rochester, Inc. (507) 282-3345 [email protected]

    Listing agent Jennifer Lawver (507) 282-3345

    Listing date Dec 27, 2024

    MLS# 5352520 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 Land Near Mayo Clinic

    This residential land is located in Serenity Hills, a private retreat situated 10 minutes from Mayo Clinic. The neighborhood features wooded lots and rolling hills. A pond is present, providing a setting for wildlife. Fiberoptic internet, natural gas, shared wells, and a paved street are available. The lot size is 4.22 acres. The zoning is Residential-Single Family.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Kitchen & Bath Garden Center Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Olmsted
    State
    Minnesota
    Longitude
    -92.404418
    Latitude
    44.05242

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    FAQs

    What type of property is this?
    Residential land & home lot - Private retreat with wooded lots, close to Mayo Clinic.
    Where is this residential land & home lot located?
    The property is located at 2951 Serenity Ln NE Rochester, MN.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: - Prime Location: Only 10 minutes from Mayo Clinic.; - Private Retreat: Serene setting with wooded lots, rolling hills, and a pond.; - Limited Availability: Only 3 lots remaining.
    (507) 282-3345
    Request Owner's contact information
    2951 Serenity Ln NE Rochester, MN 55906
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    Rochester, MN 55906
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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
    2951 Serenity Ln NE Rochester, MN 55906
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