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Active NEW!
$5,000,000
/mo Edit
Lot/Land:  Lot/Land
71.63 acres
Prior Lake-Savage Area Sch schools
MLS# 7158662
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    Property Description

    Exceptional 70+ Acre Development Opportunity on Spring Lake. Rarely does a development site of this size and quality become available in the highly desirable Prior Lake market. Encompassing more than 70 acres with frontage on beautiful Spring Lake, this premier property is currently zoned for Planned Unit Development (PUD), providing flexibility for a wide range of residential and mixed-use development concepts. Positioned in none of the Twin Cities' most sought-after growth corridors, the property offers an outstanding combination of natural amenities and urban accessibility. Future residents will enjoy walking-distance access to Spring Lake Regional Park. The park is approximately 373 acres and includes shoreline on both Spring Lake and Prior Lake. The regional park system, including miles of trails, recreational opportunities, and scenic outdoor spaces. The lakefront setting creates the potential for a distinctive community that blends natural beauty with modern living. Strategically located with convenient access to major transportation routes, the site provides efficient connectivity to employment centers, retail destinations, schools, and the greater Minneapolis-St. Paul metropolitan area. The combination of scale, entitlement potential, recreational amenities, and transportation access makes this an exceptional opportunity for developers, builders, and investors seeking a signature project in a thriving market. Highlights: - 70+ acres of prime development land - Frontage on scenic Spring Lake - Zoned for Planned Unit Development (PUD) - Walking distance to regional park and trail systems - Strong demographics and continued area growth - Excellent access to major transportation corridors - Potential for a variety of residential and mixed-use concepts - Rare large-scale development tract in the Prior Lake market A unique opportunity to create a landmark community in one of Minnesota's most desirable lake-oriented destinations.

    Listing

    Contingency: None
    City: Prior Lake
    County: Scott
    State: MN
    Property Style: Lot/Land
    Zip Code: 55372

    Exterior

    Road Responsibility: Public Maintained Road
    Road Frontage:
    • City Street
    • County Road
    • No Outlet/Dead End
    • Paved Streets

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront: Lake Front

    Lot & Land

    Acres: 71.63
    Geolocation: 44.699507, -93.491993
    Inclusions: For Sale Sign
    Lot Dimensions: 3000 x 1159 x 1600 x 1010
    Restrictions: Open
    Zoning:
    • Other
    • Residential-Multi-Family
    • Residential-Single Family
    • Shoreline
    Lot Description:
    • Accessible Shoreline
    • Tree Coverage - Medium

    Farm

    Topography: Gently Rolling

    Schools

    School District: 719
    District Phone: 9522260000

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $21,016
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $21,016
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Development Status: Raw Land
    Improvements: Paved Streets, Public Road
    Available Utilities:
    • Electricity Available
    • Natural Gas Available
    • Other Connected
    • Sewer Available
    • Water Available

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    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 Edina Realty, Inc..
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.