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Residential Building Lot
For Sale
$45,000

73 Balsam Cir, Madison Lake, MN 56063

Large residential lots offered in a quiet setting near lakes and the state trail.

Property SizeContact for details
Days on Market242

Property Features for 73 Balsam Cir

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $352
Listing Agency: BH Realty Group
Listed By: Scott Borgmeier · License #40663204
Source: Exprealty
Added: Dec 9, 2025 Changed: Aug 8 Last Checked: Jul 18 at 3:28AM

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 BH Realty Group

Investment Insights

Based on property information with market context.

These residential building lots are offered for sale with a focus on a quiet, peaceful build site. The lots are described as large and are intended for city-lot living in a country setting.

The property is marketed as being near several lakes and the state trail. Prospective buyers are also advised that they are required to use Rome Reichel Construction as their builder. The listing notes that the lot prices include all assessments, which may simplify budgeting for buyers during the planning phase.

If you’re looking for a residential lot where the lot size and surrounding outdoor recreation are part of the appeal, this offering is positioned around that build-site lifestyle.

Key Highlights

  • Large residential lots in a quiet setting.
  • Located near several lakes and the state trail.
  • Low lot prices include all assessments.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Plumbing Service Kitchen & Bath Showroom Real Estate Agency Hair Salon Auto Repair Shop

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

3
Businesses Nearby

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 - Large residential lots offered in a quiet setting near lakes and the state trail.
Where is this residential land & home lot located?
The property is located at 73 Balsam Cir Madison Lake, MN.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: Large residential lots in a quiet setting.; Located near several lakes and the state trail.; Low lot prices include all assessments.
More about this property
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