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For Sale:  Winsted MLS# 7171034

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Active NEW!
$150,000
/mo Edit
Lot/Land:  Lot/Land
0.4 acres
Howard Lake-Waverly-Winst schools
MLS# 7171034
763-576-8286
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    Property Description

    Exceptional Development Opportunity in the Beautiful Winsted on the Lake Community! Take advantage of this rare opportunity to purchase eight lots being sold together, offering multiple possibilities for residential development at an attractive per-unit lot price! Potential building options include two twin homes (four units total), two to four single-family homes, or eight patio homes arranged in two four-unit buildings, provided construction remains within the approved building pad dimensions. The City has already approved a four-unit floor plan, which is also featured in nearby existing homes. Alternative building plans are subject to City approval. Utilities are installed, and all eight lots are part of an established homeowners association, with no HOA fees due until homes are constructed. Winsted offers an appealing blend of small-town charm, natural beauty, and economic opportunity. Home to Millerbernd Fabrication Company and numerous other local businesses, the area offers potential demand for additional housing. Residents can enjoy nearby parks, lakes, scenic rolling farmland, and the charming downtown boardwalk area. Conveniently located just seven miles from Howard Lake, with an easy, picturesque commute to the Twin Cities. With utilities in place, an approved building plan, flexible development possibilities, and a competitive per-unit lot price, this is an outstanding opportunity for builders and investors looking to expand in a desirable growing community!

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $150,000
    Property Type: Lot/Land
    City: Winsted
    County: McLeod
    State: MN
    Property Style: Lot/Land
    Zip Code: 55395
    Subdivision Name: Winsted On The Lake Sixth Add

    Exterior

    Road Frontage: Paved Streets

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.4
    Geolocation: 44.966911, -94.029115
    Inclusions: Platted
    Lot Dimensions: 84 x 108 x 108 x 84
    Restrictions: Open
    Zoning: Residential-Single Family
    Lot Description: Underground Utilities

    Farm

    Topography: Level

    Schools

    School District: 2687
    District Phone: 3205433521

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $260
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $260
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Development Status: Site Plan Approved
    Improvements: Paved Streets
    Available Utilities:
    • Cable Available
    • Electricity Available
    • Natural Gas Available
    • Sewer Available
    • Sewer Connected
    • Water Available
    • Water Connected

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Fathom Realty MN, LLC.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.