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$19,950
1175 Highway 52 N
Preston, MN 55965
MLS# 5736079



1175 Highway 52 N, Preston, MN 55965
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1175 Highway 52 N, Preston, MN 55965

Property Description
Presales! Scenic acreage located near the Preston Veterans Home. Rolling topography, lot sizes ranging from one-third to over one-half acre. The owner is in the process of creating 16 lots, 8 of which are along the Preston Golf Course, and 8 w/wooded rear yards. Buildable lots will be created using a portion of the 27 acres parcel, subdivision subject to govt. approval. Opportunity for builders, a developer, a land exchange, or private buyers to purchase one or all of the lots. Other property features: paved street, protective covenants, city new construction housing incentives. Once 6 or more lots are sold, the land owner will contract city infrastructure. The city feasibility study suggests an approx. additional $28,000/lot for infrastructure. Payment for infrastructure not due until closing. Land costs: Most lots are either $19,950, or $29,950, see agent's docs for the preliminary certificate of survey and lot pricing. $5,000 down payment per lot. Contact agents with questions.

Details
Maps
Documents
None
Allow Auto Valuation Display?: No
Allow Consumer Comment: No
Maximum Price: 42950
Minimum Price: 19950
MLSID: RMLS
Contract Information
Availability: Available
Status: Active
Contingency: None
Current Price: $19,950
Original List Price: 19950
ListPrice: 19950
List Date: 2021-04-06
Owner is an Agent?: No
Auction?: No
Office/Member Info
Association: SEMR
General Property Information
Development: Yes
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Waterfront Present: No
Zoning: Agriculture
Acres: 27.35
Assessment Pending: Yes
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: SECT-36 TWP-103 RANGE-011 27.35 AC PT OF S 1/2 NE 1/4 LYING W OF HWY 52
Map Page: 999
Rental License?: No
School District Phone: 507-765-3843
House Number: 1175
Street Name: Highway 52
Street Direction Suffix: N
Postal City: Preston
County: Fillmore
State: MN
Map Coordinate Source: King's Street Atlas
Zip Code: 55965
Zip Plus 4: 2041
Property ID Number: 170691000
Complex/Dev/Subdivision: Doherty Golfview TBD
Tax Year: 2020
In Foreclosure?: No
Tax Amount: 700
Potential Short Sale?: No
Lender Owned?: No
Tax With Assessments: 700
Directions & Remarks
Public Remarks: Presales! Scenic acreage located near the Preston Veterans Home. Rolling topography, lot sizes ranging from one-third to over one-half acre. The owner is in the process of creating 16 lots, 8 of which are along the Preston Golf Course, and 8 w/wooded rear yards. Buildable lots will be created using a portion of the 27 acres parcel, subdivision subject to govt. approval. Opportunity for builders, a developer, a land exchange, or private buyers to purchase one or all of the lots. Other property features: paved street, protective covenants, city new construction housing incentives. Once 6 or more lots are sold, the land owner will contract city infrastructure. The city feasibility study suggests an approx. additional $28,000/lot for infrastructure. Payment for infrastructure not due until closing. Land costs: Most lots are either $19,950, or $29,950, see agent's docs for the preliminary certificate of survey and lot pricing. $5,000 down payment per lot. Contact agents with questions.
Directions: Hwy 52, South to Preston, at the intersection of Hwy 16, take 16 to the west 500 feet to Golfview Drive
Acreage Information
Maximum Acres: 0.6
Minimum Acres: 0.33
Builder Information
Builder Restrictions: Open
Dimension Information
Front Dim: 850
Left Dim: 350
Rear Dimensions: 150
Right Dim: 350
Green Verification
Green Certification: No
Miscellaneous Information
FIPS Code: 27045
Homestead Desc: Owner
Total Lots Available: 14
Total Lots Sold: 2
Public Survey Info
Range#: 11
Section#: 36
Township#: 103
Property Features
Available Utilities: Other Available; Other Connected
Development Status: Site Plan Filed
Improvements: Paved Streets
Land Inclusions: OTHER
Lot Description: On Golf Course
Restriction/Covenants: Architecture Committee; Easements; Other Covenants
Sellers Terms: Cash; Conventional
Topography: Rolling

Listing Office: Infinity Real Estate

Last Updated: April - 14 - 2021

1175 Highway 52 N, Preston, MN 55965 - MLS# 5736079

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2020 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 18th of April 2021 07:43 AM

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