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Active
$2,500,000
/mo Edit
Lot/Land:  Lot/Land
123.52 acres
St. Francis schools
MLS# 6496238
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    Property Description

    Shovel ready development opportunity. City sewer and water is on site. Preliminary plat approval for 40 premium single family river lots, 102 row home units, and 40 detached townhome units, PLUS a 120 unit apartment building lot and a 2.96 acre commercial lot. Approximately 6800 ft of river frontage on west side, plus 2700 ft on east side. Spring is coming soon and this development is about ready to dig!

    Listing

    Contingency: None
    City: Saint Francis
    County: Anoka
    State: MN
    Property Style: Lot/Land
    Zip Code: 55070
    Subdivision Name: N/A

    Exterior

    Out Buildings: Pole Building
    Road Frontage:
    • County Road
    • State Road

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Rum River
    DNR Lake ID#: S9990030
    WF Frontage: 6800
    Lake Chain Name: N
    Lake Acres: 0
    Lake Depth: 0
    Waterfront: River Front

    Lot & Land

    Acres: 123.52
    Geolocation: 45.4011988225, -93.3664033009
    Inclusions: Platted, Soil Test Available, Survey, Topographic Map
    Lot Dimensions: Large parcel
    Restrictions: None
    Zoning:
    • Residential-Multi-Family
    • Residential-Single Family

    Farm

    Soil Type: Sand
    Topography: Flood Plain, Gently Rolling, High Ground, Other

    Schools

    School District: 15
    District Phone: 763-753-7040

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $7,510
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $7,510
    Association Fee Required: No
    Association Fee: None
    Taxable Acres: 123.520

    Miscellaneous

    Development Status: Site Plan Approved
    Improvements: None
    Available Utilities:
    • Cable Available
    • Electricity Available
    • None Connected
    • Phone Available
    • Sewer Available
    • Water Available

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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