4 months on rocket

4736 Lake Sarah Dr, Greenfield, MN, 55359

$1,065,000

Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
WaterfrontLake Front
MLS #6466545
StatusActive

About 4736 Lake Sarah Dr

Welcome to your lakeside paradise on Lake Sarah! This magnificent 148' lakefront property spans 2.81 acres over 2 lots, providing an unparalleled opportunity to create your dream retreat. Nestled in the heart of nature with light tree coverage, this serene escape boasts a sandy shore and breathtaking views of the pristine surroundings. Utilities are conveniently available at the street, including gas, electric, cable, and phone services, ensuring you have all the modern amenities while maintaining the natural beauty of the property. The potential for a walk-out elevation provides an excellent opportunity to design a custom home that maximizes the stunning lake views. While the property holds a small, unusable cabin, envision the possibilities as you plan your dream lakefront estate.

Property Details

Property Features

Listing Office:

  • Office Name: Excelsior Realty

Exterior Features

Exterior Information:

  • Waterfront: Lake Front

Virtual/3D Tour

  • Virtual Tour: 4736 Lake Sarah Dr

Virtual Tour

School Info

Assigned Schools Information:

  • Delano High School, Public District Grades 9-12
  • Delano Middle School, Public District Grades 5-8

Other

Directions Information:

  • Directions: Hwy 55 west, south Lake Independence Regional Trail (Through Loretto) to Cty Rd 11, West on Cty Rd 11, North on S Lake Sarah Dr, property on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,065,000
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Housing Market Comparison

See how this home compares to others in Independence, MN.

Med. Sold Price

$849K

Med. Price/SqFt

$248

Avg. Days On Market

33

# of Sold Homes

3

4736 Lake Sarah Dr vs Independence

133 DAYS ON ROCKET

+100 Days

$1,065,000

+$216K More

KEY TAKEAWAY

This property is $216K more than the Median Sold Price in Independence, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6466545

Listing Office:

  • Office Name: Excelsior Realty

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Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$5,383

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,259

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2474517
9
/10
  • Delano Middle School

  • 700 Elm Ave E

  • 4.23 miles

  • Public District Grades 5-8

High School

school-card-donut-2474518
9
/10
  • Delano High School

  • 700 Elm Ave E

  • 4.23 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $125,824. Typical income of Independence, MN residents is between $100k-200k annually. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4736 Lake Sarah Dr

What is the listing price of this property?

The listing price of 4736 Lake Sarah Dr property is $1,065,000.

What type of property is this?

The property 4736 Lake Sarah Dr is land located in Greenfield, Minnesota, 55359.

Is this property for sale now?

Active Listing: 4736 Lake Sarah Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 4736 Lake Sarah Dr are:
Delano Middle School: GreatSchools Rating 9/10
Delano High School: GreatSchools Rating 9/10
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Rocket HomesMinnesotaHennepin CountyIndependence553594736 Lake Sarah Dr

This home is located at 4736 Lake Sarah Dr in Greenfield, MN and zip code 55359. It has been listed on Rocket Homes since December 17, 2023 and is currently priced at $1,065,000.

Independence, MN housing market in March 2024 saw over 1 listings sold above listed price, more than 0 sold at listed price and over 2 sold below. The number of homes for sale in Independence, MN increased by 40% between February 2024 and March 2024. While the average time on the market in March 2024 was 33 days, the median list price was $849,000.

From Rocket Homes Real Estate and based on county public records data.

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