28983 320Th Avenue Way Red Wing, MN 55066
This exceptional 50-acre property in Goodhue County, Minnesota, presents a unique opportunity for agricultural and residential pursuits. Located at 28983 320th Ave Way, Red Wing, MN 55066, the land is zoned for both agriculture and single-family residential use. The asking price is $1,879,900, translating to $333 per square foot of land value. The property features a custom-built home (5,650 sq ft, one story, built in 2004) boasting high-end finishes including in-floor heating, stone fireplaces, a Wolf range, porcelain tile, hardwood floors, and custom cabinetry. The home also includes an indoor pool and an impressive pantry. Outbuildings include a well-maintained barn with box stalls and a large (60x120) heated shed with a bathroom and hoist, featuring 4ft on center rafters. Approximately 30 acres of pasture are enclosed by tensile fencing, and a feedlot permit is current. The property enjoys a private setting on a dead-end road, bordering Frontenac State Park, offering exceptional privacy and tranquility. The APN is 320050200. A virtual tour is available. This property offers a rare blend of comfortable living and significant agricultural potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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