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Residential Lot in Eastbay Addition
For Sale
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1000 Eastbay Ave, Balaton, MN 56115

Serviced with water, sewer, and garbage; subdivision covenants apply.

Property SizeContact for details
Days on Market840

Property Features for 1000 Eastbay Ave

General Information

Standard status Active
Property subtype Lots/Land
Listing Agency: Edina Realty, Inc.
Listed By: Taylor Onken
Source: Exitrealty
Added: Apr 24, 2024 Changed: Aug 8 Last Checked: Jul 16 at 6:43PM

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.

This residential land lot is located in the Eastbay Addition near Balaton, MN. The subdivision offers a range of lot options, and the community is governed by subdivision covenants intended to protect the development’s look and value. City services are available, including water, sewer, and garbage.

The Eastbay Addition is described as being on the outskirts of Balaton, with a par 3 golf course nearby, along with area parks and Lake Yankton with boat access for outdoor recreation. A tax abatement incentive is also mentioned in the offering, and the property information notes that state statute requires the buyer to begin building within one year of purchasing the lot.

Prospective buyers should review the covenants and the building-timeline requirement before proceeding.

Key Highlights

  • Buildable lot in the Eastbay Addition of Balaton, MN, with multiple lot options available.
  • Utilities available: water, sewer, and garbage services provided to the lot.
  • Subdivision covenants are in place to protect the community’s appearance and value.

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.

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 - Serviced with water, sewer, and garbage; subdivision covenants apply.
Where is this residential land & home lot located?
The property is located at 1000 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: Buildable lot in the Eastbay Addition of Balaton, MN, with multiple lot options available.; Utilities available: water, sewer, and garbage services provided to the lot.; Subdivision covenants are in place to protect the community’s appearance and value.
More about this property
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