For Sale: Hastings MLS# 7099515
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Property Description
This land auction will be held on August 19th, 2026 at 3PM.
An extraordinary opportunity awaits in the heart of the Southeast Twin Cities Metro Area. Encompassing 84 +/- deeded acres, this remarkable property offers a rare combination of development potential, scenic beauty, strategic location, and investment value within the City of Cottage Grove. Positioned along highly visible Highway 61 frontage, the property enjoys excellent accessibility and exposure while offering breathtaking panoramic views of the majestic Mississippi River. Opportunities of this scale and quality are exceptionally rare, particularly within a growing metropolitan community where large, undeveloped riverfront tracts have become increasingly scarce. The property features 27.4 +/- tillable acres with a CPI of 37.8, providing open, gently rolling terrain that complements the site's overall development potential. Beyond the farmland, the landscape transitions into beautiful, wooded topography overlooking the river, creating an ideal setting for premium residential homesites that could capitalize on expansive river views and natural surroundings. Located adjacent to the renowned River Oaks Golf Course, the property is surrounded by established residential neighborhoods, including River Oaks and Pine Coulee, offering immediate integration into one of Cottage Grove's most desirable residential corridors. Additional access potential from the Pine Coulee Subdivision further enhances development flexibility and future planning opportunities. Currently zoned R-2 Residential Estates within the City of Cottage Grove, the property presents a compelling opportunity for residential development, estate homes, luxury riverfront residences, or a thoughtfully designed neighborhood that embraces the natural beauty of the Mississippi River corridor. The wooded riverfront setting provides privacy, mature trees, and elevated views rarely found in metropolitan development parcels. Conveniently located just minutes from Cottage Grove's growing commercial, retail, dining, healthcare, and recreational amenities, residents would enjoy the perfect balance of peaceful riverfront living and everyday convenience. The property also benefits from its proximity to the greater Twin Cities metropolitan area, with easy access to downtown Minneapolis, downtown St. Paul, and Minneapolis–Saint Paul International Airport, making it an attractive location for future homeowners seeking both connectivity and natural beauty. Adding character and history to the property are an older farmhouse and an eclectic collection of agricultural buildings that stand as reminders of the land's farming heritage. While the site is primed for future development, these existing improvements contribute to the property's unique story and legacy. Large-scale Mississippi River frontage development parcels within a thriving metropolitan community are exceptionally difficult to find. With its combination of river frontage, golf course adjacency, established neighborhood connections, development-ready zoning, transportation access, scenic vistas, and significant acreage, this property represents a truly one-of-a-kind offering. Properties of this caliber seldom become available. Whether envisioned as a luxury riverfront estate community, residential development project, or long-term investment holding, this exceptional Cottage Grove property offers a rare chance to shape one of the most desirable remaining riverfront tracts in the Twin Cities metropolitan area.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1
Property Type:
Lot/Land
City:
Hastings
County:
Washington
Year Built:
1952
State:
MN
Property Style:
Lot/Land
Zip Code:
55033
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
84
Geolocation:
44.78482, -92.880805
Inclusions:
None
Lot Dimensions:
2002 ft x 3541 ft x 1332 ft x 2026 ft
Addl Parcels:
3602721320001
Restrictions:
Open
Zoning:
Agriculture
Farm
Topography:
Gently Rolling
Schools
School District:
200
District Phone:
6514807002
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,250
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,250
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Plat Designed
Improvements:
None
Available Utilities:
- Electricity Connected
- None Available
- Water Connected
Mortgage Calculator
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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!
Listing provided by RMLS,
courtesy of LandProz Real Estate, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.