2331 Budd ST, Independence, MN 55359
2331 Budd ST, Independence, MN 55359
2331 Budd ST, Independence, MN 55359
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Ingrid Friel

Ingrid Friel

+1(612) 750-6392
$4,995,000
Est. payment /mo
12.09 Acres Lot
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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 7135757

Year Built 1900

Annual Tax Amount $12,413

Tax Year 2026

Contingent None

Lot Size 12.090 Acres

Lot Dimensions 511' x 876' x 600' x 1011'

Property Description

Last traded in the 1940s, this is a generational opportunity to own one of the few remaining, subdividable, lakefront, acreage estates on recreational water, within the Twin Cities Metro. At this serene site, it feels like you're hours outside of a city center, yet you're only 15 minutes from the 494 loop, set within the award winning, Orono School District. Carve out your dream on a property that has no covenants, restrictions, or HOAs. The property features 12+ acres, 600+' of frontage on Lake Independence, and ideal topography with significant, flat, usable land at the lake grade which extends in approximately 100' before the hill takes you up to higher ground where the potential build configurations and combinations are endless. Subdivide and sell, create a family compound, start your family farm, or imagine an equestrian estate, residence, and lakefront cabin all-in-one. This property can be split in half creating two, approximately 6 acre lots, each with 300' of lake frontage, without a variance. City sewer and water is currently just south of Pagenkopf. If and when it extends to Pagenkopf, the dynamics related to minimum lot size would change (see the Bridgevine development just east of the subject).

Location

State MN

County Hennepin

Zoning Other

Body of Water [{\"NST_LakeChain\":\"N\", \"LakeAcres\":832.02, \"WaterBodyKey\":\"101419\", \"LakeDepth\":58, \"BodyOfWaterNumber\":\"27017600\", \"WaterBodyName\":\"Independence\", \"NST_LakeClass\":\"Recreational Development\"}]

Lake Name Independence

Interior

Inclusions None

Fireplace No

Exterior

Garage Spaces 2.0

Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected

Waterfront Description Lake Front

View Y/N North

View North

Road Frontage N

Schools

School District Orono

Others

Restrictions Open

Virtual Tour https://vimeopro.com/nonenone/2331-budd-st-independence-mn-55359

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Listed by Nick Leyendecker • Leyendecker Realty

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Ingrid Friel

Ingrid Friel

+1(612) 750-6392

Residential Realtor License ID: 40213017

Residential Realtor License ID: 40213017

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