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Residential Building Lot in Subdivision
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1040 Eastbay Ave, Balaton, MN 56115

Residential lot in the Eastbay Addition with city water, sewer, and garbage services available for new construction.

Property SizeContact for details
Days on Market759

Property Features for 1040 Eastbay Ave

General Information

Standard status Active
Property subtype Land

Additional Details

Utilities to Site Yes
Listing Agency: Edina Realty, Inc.
Listed By: Taylor Onken
Source: Exprealty
Added: Jul 15, 2024 Changed: Aug 8 Last Checked: Jul 22 at 4:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Edina Realty, Inc.

Investment Insights

Based on property information with market context.

Build your dream home on this residential lot within the Eastbay Addition of Balaton, Minnesota, located just on the outskirts of town at 1040 Eastbay Ave. The subdivision offers a range of lot options, with the public remarks noting views toward a par 3 golf course, a pond, and open country surroundings.

City amenities are available, including water, sewer, and garbage services. The par 3 golf course is described as being right at the doorstep, and the area also features nearby city parks and Lake Yankton with boat access for outdoor recreation.

Subdivision covenants are in place to protect the community’s appearance and value. A tax abatement incentive is also referenced in the public remarks, and state statute requires the buyer to start building within one year of purchasing the lot.

Key Highlights

  • Residential lot in the Eastbay Addition of Balaton, MN, with city water, sewer, and garbage services available for new construction
  • Subdivision offers a variety of lot options, including views of the golf course, pond, and country scenery
  • Par 3 golf course is located right at the doorstep

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Garden Center Grocery & Convenience Store Hair Salon Plumbing Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

66
Businesses Nearby

Demographics for 56115, MN

1,288
Population
561
Households
2.3
Avg Household Size
45
Median Age
28%
College-Educated
97%
High-School Grad
123.5 sq mi
ZIP Area
10
Density / Sq Mi
$67,177
Median Household Income
$42,375
Median Earnings
$1,057
Median Rent
$191,900
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Residential lot in the Eastbay Addition with city water, sewer, and garbage services available for new construction.
Where is this residential land & home lot located?
The property is located at 1040 Eastbay Ave Balaton, MN.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Residential lot in the Eastbay Addition of Balaton, MN, with city water, sewer, and garbage services available for new construction; Subdivision offers a variety of lot options, including views of the golf course, pond, and country scenery; Par 3 golf course is located right at the doorstep
More about this property
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