Unique opportunity awaits to build or develop, or enjoy using it as a hobby farm! The largest parcel of land, 67.120 Acres, in the convenient location of Forest Lake! Minutes away of Higgins Lake. Four PID #'s included in the sale: 1)0603221120003: 30.7 acres plus property from 1966 with multiple upgrades and out-buildings: barn, pole building, machine/storage shed; 2) 0603221140008: 0.721 acres; 3) 0603221130005: 32.306 acres; 4) 0603221110005: 3.381 acres. The largest lots can be subdivided into 10-Acre minimum lots. The parcels are located next to each other. The land itself is a combination of wooded and tillable areas, a level surface. The wooded area with an abundance of wildlife and hunting opportunities. Private well/septic/utilities. Open to the builder of your choice! Easy access to I-35, shopping, restaurants, etc...Do not miss this opportunity!
Property Details
Property Features
Listing Office:
Office Name: Coldwell Banker Realty
Lot Features
Lot Information:
Lot: Irregular Lot, Farm, Some Trees, Underground Utilities
School Info
Assigned Schools Information:
Forest Lake Area Senior High, Public District Grades 10-12
Columbus Elementary, Public District Grades KG-6
Other
Directions Information:
Directions: I-35E North, continue onto I-35N, Take exit 131 onto CR-2 toward Forest Lake, Turn Left onto W Broadway Ave, Turn right onto Everton Ave N, Turn Right onto 235th St N (which turns into Falcon Ave N), Turn Left onto 240th St N, the property is on the left.
Price Information
Listing Price Info
Price Summary:
List Price: $849,900
Tax Information:
Annual Amount: $3,448
Tax Year: 2020
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Housing Market Comparison
See how this home compares to others in Forest Lake, MN.
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Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$3,448
$601,200
2019
$3,498
$306,100
2018
$2,964
$286,000
2017
$2,964
$261,300
History based on county public records data.
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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.
Elementary School
6
/10
Columbus Elementary
17345 Notre Dame St NE
Distance between this listing and this school2.13 miles
Public District Grades KG-6
High School
6
/10
Forest Lake Area Senior High
6101 Scandia Trl N
Distance between this listing and this school2.72 miles
Public District Grades 10-12
Assigned Schools
6
/10
Columbus Elementary
17345 Notre Dame St NE
Distance between this listing and this school2.13 miles
Public District Grades KG-6
Nearby Schools
3
/10
Central Montessori Elementary School
200 4th St SW
Distance between this listing and this school1.44 miles
Public Magnet Grades KG-6
4
/10
Forest View Elementary
620 4th St SW
Distance between this listing and this school1.67 miles
Public District Grades KG-3
Nearby Schools
5
/10
North Lakes Academy
255 7th Ave NW Ste B
Distance between this listing and this school1.06 miles
Public Charter Grades 5-8
4
/10
Forest Lake Elementary
408 4th St SW
Distance between this listing and this school1.56 miles
Public District Grades 4-6
7
/10
Centennial Middle School
399 Elm St
Distance between this listing and this school10.08 miles
Public District Grades 6-8
Assigned Schools
6
/10
Forest Lake Area Senior High
6101 Scandia Trl N
Distance between this listing and this school2.72 miles
Public District Grades 10-12
Nearby Schools
7
/10
North Lakes Academy 56
308 15th St SW
Distance between this listing and this school1.25 miles
Public Charter Grades 9-12
3
/10
Forest Lake Area Learning Center
200 4th St SW
Distance between this listing and this school1.44 miles
The neighbors living near this home have an average income of $79,816. The most common annual income of people living in Forest Lake, MN is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4935 240th St N
What is the listing price of this property?
The listing price of 4935 240th St N property is $849,900.
What type of property is this?
The property 4935 240th St N is land located in Forest Lake, Minnesota, 55025.
Is this property for sale now?
Active Listing: 4935 240th St N is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 4935 240th St N are: Columbus Elementary: GreatSchools Rating 6/10Forest Lake Area Senior High: GreatSchools Rating 6/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $3,448 (source: MLS/based on county public records data).
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This home is located at 4935 240th St N in Forest Lake, MN and zip code 55025. It has been listed on Rocket Homes since May 12, 2023 and is currently priced at $849,900.
While more than 2 listings in Forest Lake, MN in March 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 8 were sold below. Between February 2024 and March 2024, Forest Lake, MN real estate market has seen increase in the number of listings by 5.7%. Listings spent 72 days on the market in March 2024, and had a median list price of $380,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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