Residential

Madison Lake, MN Residential Land & Home Lots for Sale

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Spacious Madison Lake Waterfront Lot
Updated: May 8
Spacious Madison Lake Waterfront Lot

114 East Bay Drive, Madison Lake, MN 56063

$549,900
2.30 AC lot
2.3 acre lake lot with generous lakeshore on Madison Lake
Utilities are property adjacent and access to city sewer system
Madison Lake is a popular recreation and fishing lake
Lot has been surveyed and information is available
First time on the market
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One Acre Lot Near Mankato
Updated: Dec 19, 2024
One Acre Lot Near Mankato

604th Avenue, Madison Lake, MN 56063

$174,900
1.00 AC lot
Large 1‑acre lot provides ample space for a custom home, outbuildings, and outdoor amenities.
Conveniently located just two miles from Highway 14 and a short drive to Mankato.
Easy access via a tar road.
Offers a balance of countryside tranquility and proximity to conveniences.
Ideal location near schools and shopping.
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Land
Land

29281 Biehn Dr, Madison Lake, MN 56063

$389,900

Residential land & home lots

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Level Residential Building Lots
Level Residential Building Lots

82 Balsam Lane, Madison Lake, MN 56063

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Large, level residential lots for sale near three lakes and the Sakata Trail.

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Land
Land

70 Balsam Lane, Madison Lake, MN 56063

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Residential land & home lots

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Land
Land

924 Three Lakes Ct, Madison Lake, MN

$53,900

Residential land & home lots

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Lots/Land
Lots/Land

60410 Frankiedankie Drive, Madison Lake, MN 56063

$119,900

Residential land & home lots

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Lots/Land
Lots/Land

305 Krason Drive, Madison Lake, MN 56363

$95,000

Residential land & home lots

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Residential Building Lot
Residential Building Lot

73 Balsam Cir, Madison Lake, MN 56063

$45,000

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

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Residential Building Lot
Residential Building Lot

67 Balsam Cir, Madison Lake, MN 56063

$45,000

Residential lot available for sale, offered with included assessments and a requirement to use Rome Reichel Construction.

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 10 Active listings in Madison Lake, MN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Lake Access Lot with Boat Slip
Lake Access Lot with Boat Slip

46346 Cape Trail, Cleveland, MN 56017

$70,000
1.08 AC lot

1.08 acre lot with lake access and boat slip.

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Residential Land in Cleveland, MN
Residential Land in Cleveland, MN

Cape Horn Road, Cleveland, MN 56017

$69,900
1.00 AC lot

One-acre lot suitable for building a home.

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Eagle Lake Patio Home Lot
Eagle Lake Patio Home Lot

103 White Fox Path, Eagle Lake, MN 56024

$74,000
0.09 AC lot

Residential land in Eagle Lake's Fox Meadows Development.

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Eagle Lake Patio Home Lot
Eagle Lake Patio Home Lot

101 White Fox Path, Eagle Lake, MN 56024

$74,000
0.09 AC lot

Residential land in Eagle Lake's Fox Meadows Development.

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Madison Lake, MN Residential Land & Home Lots Market Trends and Statistics

Explore 10 residential land & home lots for sale in Madison Lake, MN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 143,748 square feet of properties for sale, with an estimated market value of $1,473,500.

Sale prices for home sites in Madison Lake, MN start at $45,000, averaging $184,187, and reaching up to $549,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Residential land & home lots 11
Waterfront Land 3

Demographics Overview

Population 3,059
Population Growth (5Y) +9.3%
Median Household Income $100,156
College Educated 54.3%

High-Yield Neighborhoods for Investment

Identify Madison Lake submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
Pease - 56363 $95K
Madison Lake - 56063 $218.2K

Taxes & Financing

Tax Rate (average for all types) 1.86%
Property Tax per SF $29.86 per SF
Tax Rate vs County Average 0.56 pp below county avg
Average Loan-to-Value 65.0%

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