Buildable Acreage with Ravine
For Sale
$399,900
490th Street, North Mankato, MN 56003
LAND - North Mankato, MN
Property SizeContact for details
Lot Size12.70 Acres
Days on Market50
Property Features for 490th Street
General Information
Property type
Land
Property subtype
Other
Directions
Take Lookout Drive North about. 3 miles to 13 North. Turn right on 490th. 3 miles north of Mankato on 169 left on 492nd and right on Old River Bluff, Left 0n 490th (about 1 mile off 169).
Subdivision
Rural Mankato/North Mankato
Standard status
Active
APN
010141700
Lot size
12.70 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
TBD 12.70 acres
Legal Description
TBD 12.70 acres
Listing Agency:
AMERICAN WAY REALTY
(507) 345-4040
Listed By:
Staci Murphy
(507) 382-1479
Added: Jul 14
Last Checked: Sep 1 at 3:06AM
MLS# 267040881
Copyright © 2026 Realtor Association of Southern Minnesota. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale acreage offers approximately 12.7 total acres, including about 5.5 buildable acres for a future home. The property includes significant ravine area, described as an additional 5 acres, creating a natural setting with scenic views.
In addition to the ravine, the site includes approximately 2 acres of level ground, which can provide flexible space within the overall layout. The land is positioned just outside of town, offering a quieter, country setting while still being minutes from everyday amenities, with neighboring homes nearby.
Overall, the configuration combines buildable acreage with varied terrain, including both ravine and level areas, supporting a range of homesite and outdoor-use possibilities on one tract.
In addition to the ravine, the site includes approximately 2 acres of level ground, which can provide flexible space within the overall layout. The land is positioned just outside of town, offering a quieter, country setting while still being minutes from everyday amenities, with neighboring homes nearby.
Overall, the configuration combines buildable acreage with varied terrain, including both ravine and level areas, supporting a range of homesite and outdoor-use possibilities on one tract.
Key Highlights
- Approximately 12.5‑acre property just outside of town
- Includes approximately 5.5 buildable acres for a homesite
- Additional approximately 5 acres of ravine
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
Explore this area
Business Placement
Demographics for 56003, MN
15,221
Population
6,543
Households
2.3
Avg Household Size
38
Median Age
43%
College-Educated
98%
High-School Grad
44.0 sq mi
ZIP Area
346
Density / Sq Mi
$80,587
Median Household Income
$46,544
Median Earnings
$920
Median Rent
$260,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - A 12.7-acre homesite with approximately 5.5 buildable acres, ravine areas, and about 2 acres of level ground.
Where is this residential land & home lot located?
The property is located at 490th Street North Mankato, MN.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Approximately 12.5‑acre property just outside of town; Includes approximately 5.5 buildable acres for a homesite; Additional approximately 5 acres of ravine
