21701 Wagner Bay Ln Elysian, MN 56028
Attention Developers and Lake Owners on Lake Francis: An extremely rare opportunity to own this iconic Lake property on Wagner Bay LN, available to the public for the first time. Nestled on 35 acres and 850 feet of water frontage. The privacy of this property is positioned perfectly to capture breathtaking sunrises and panoramic views across the lake. Dock, private well and septic and electric on-site. Don't miss the chance to experience the allure of Lake Francis and discover the potential to create your OWN haven in these breathtaking surroundings or the chance to Develop and Create a seven (7) to eight (8) lot subdivision (site) on the north side of Lake Francis in Elysian Township. Lake Frances is approximately 927 sq. acres in size with 9 miles of shoreline. Lake Frances is approximately 60 feet in depth. Outstanding Investment Opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
3 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.