Property Description
Attention investors, developers, and estate planners: a truly rare opportunity awaits with 210.5 +/- acres of prime land located within the City of Cottage Grove, Minnesota. Featuring direct frontage and access to Highway 61, this exceptional property is currently zoned Agricultural, with a transitional designation in the city's Comprehensive Plan, signaling strong future development potential. Presently operating as a productive farming enterprise, the land includes irrigation wells, power infrastructure, and valuable oak timber poised for future harvest and sale. The property also holds potential gravel deposits, adding another layer of long-term value. The scenic, park-like setting includes two well-maintained homes, several outbuildings, pasture, and fencing?ideal for continued agricultural use or as an estate property. Large-scale power access along lot lines and nearby power stations enhance the site's utility for future commercial or residential development. Enjoy the benefit of Agricultural Preservation tax advantages while holding the land for future appreciation, just minutes from the Twin Cities Metro Area. With few large parcels remaining this close to urban amenities and with direct access to a major highway, this farm stands out as a blank slate with endless potential for visionaries looking to shape the next phase of growth in the region.
Property Features
Feature Descriptions
Local Schools
Listed By / Shown By
Listed By
Shown By
Agent Name: Tom Engel - Managing Broker
Agent Phone: (763) 416-2423
Agency Title: Counselor Realty
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Estimated Payment
$ 39,227.85 per month $36,506.48 Principal & Interest $720.83 Property Tax $2,000.54 Homeowner's Insurance



10998 Point Douglas Drive S | MLS# 6755766
This land located at 10998 Point Douglas Drive S, Hastings, MN 55033 is currently listed for sale with an asking price of $6,859,000. The property has approximately 210.50 Acres. Point Douglas Drive S is located within the Hastings school district. Search Hastings real estate on tengel.counselorrealty.com today.