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Vacant Wooded Residential Lot
For Sale
$137,999

24605 State Highway 60, Madison Lake, MN 56063

Wooded acreage in Madison Lake with required well and septic, offering space for a future home or development.

Property SizeContact for details
Lot Size9.32 Acres
Days on Market55

Property Features for 24605 State Highway 60

General Information

Standard status Active
Lot size 9.32 Acres
Property subtype Land

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $522
Listing Agency: PlatLabs, LLC
Listed By: Joel S Hinckley · License #316671
Source: Exprealty
Added: Jun 15 Changed: Aug 8 Last Checked: Jun 30 at 8:12PM

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 PlatLabs, LLC

Investment Insights

Based on property information with market context.

This is a vacant land opportunity with wooded terrain, providing the space and setting to build a future home. The parcel is available as undeveloped acreage, and installation of a well and septic system will be required for residential use.

Located in Madison Lake, the property is described as being conveniently positioned near shopping, dining, schools, and major highways. That combination supports day-to-day accessibility while retaining the privacy associated with a wooded homesite.

For buyers looking to construct a primary residence, this lot offers a straightforward path to custom building, with the primary on-site utilities needing to be established through a well and septic system. It may also appeal to investors or developers seeking a larger parcel for future planning, subject to applicable approvals and permitting requirements.

Key Highlights

  • Vacant lot in Madison Lake with 9.32 acres of wooded terrain
  • Well and septic are required
  • Located near shopping, dining, schools, and major highways for access to city amenities

Property Analytics

Current Use

Residential land & home ...

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

Demographics for 56063, MN

2,945
Population
1,627
Households
1.8
Avg Household Size
45
Median Age
39%
College-Educated
98%
High-School Grad
40.0 sq mi
ZIP Area
74
Density / Sq Mi
$100,156
Median Household Income
$57,275
Median Earnings
$848
Median Rent
$396,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Wooded acreage in Madison Lake with required well and septic, offering space for a future home or development.
Where is this residential land & home lot located?
The property is located at 24605 State Highway 60 Madison Lake, MN.
What is the asking price?
The asking price for this property is $137,999.
What are key features of this property?
This property features: Vacant lot in Madison Lake with 9.32 acres of wooded terrain; Well and septic are required; Located near shopping, dining, schools, and major highways for access to city amenities
More about this property
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