$6,859,000
10998 Point Douglas Drive S
Hastings, MN 55033
MLS# 6755766



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Property Description
Attention investors, developers, and estate planners: a truly rare opportunity awaits with 210.5 +/- acres of prime land located within the City of Cottage Grove, Minnesota. Featuring direct frontage and access to Highway 61, this exceptional property is currently zoned Agricultural, with a transitional designation in the city’s Comprehensive Plan, signaling strong future development potential. Presently operating as a productive farming enterprise, the land includes irrigation wells, power infrastructure, and valuable oak timber poised for future harvest and sale. The property also holds potential gravel deposits, adding another layer of long-term value. The scenic, park-like setting includes two well-maintained homes, several outbuildings, pasture, and fencing—ideal for continued agricultural use or as an estate property. Large-scale power access along lot lines and nearby power stations enhance the site’s utility for future commercial or residential development. Enjoy the benefit of Agricultural Preservation tax advantages while holding the land for future appreciation, just minutes from the Twin Cities Metro Area. With few large parcels remaining this close to urban amenities and with direct access to a major highway, this farm stands out as a blank slate with endless potential for visionaries looking to shape the next phase of growth in the region.

Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Contingency: None
Current Price: $6,859,000
Original List Price: 6859000
ListPrice: 6859000
List Date: 2025-07-15
Office/Member Info
Association: SEMR
General Property Information
Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: Yes
Plat Recorded: No
Waterfront Present: No
Yearly/Seasonal: Yearly
Zoning: Agriculture
Lot Dimensions: 2643 ft x 3029 ft x 2997 ft x 3247 ft
Acres: 210.5
Association Fee: 0
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: SECTION 25 TOWNSHIP 027 RANGE 021 SW1/4 EXC TO STATE FOR HWY SUBJ TO AG PRES EXCEPT:PART SE1/4-SW1/4 SECTION 25 TOWNSHIP 27 RANGE 21- COMMENCING AT SOUTHEAST CORNER OF SAID SE1/4-SW1/4 THENCE WEST ALONG SOUTH LINE OF SAID SE1/4-SW/4 FOR 697.6 FEET THENCE NORTH AT RIGHT AN- GLES 655.0 FEET TO POINT OF BEGINN- ING OF THIS DESCRIPTION THENCE WEST AT RIGHT ANGLE 261.4 FEET THENCE NOR TH AT RIGHT ANGLE 500.0 FEET THENCE EAST AT RIGHT ANGLES 261.4 FEET THEN SOUTH AT RIGHT ANGLE 500.0 FEET TO POB SUBJ TO EASE
Listing City: Hastings
Map Page: 152
Municipality: Cottage Grove
School District: Hastings
School District Phone: 651-480-7002
Zip Plus 4: 9476
Property ID Number: 2502721310001
Tax Year: 2025
Tax Amount: 8650
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Attention investors, developers, and estate planners: a truly rare opportunity awaits with 210.5 +/- acres of prime land located within the City of Cottage Grove, Minnesota. Featuring direct frontage and access to Highway 61, this exceptional property is currently zoned Agricultural, with a transitional designation in the city’s Comprehensive Plan, signaling strong future development potential. Presently operating as a productive farming enterprise, the land includes irrigation wells, power infrastructure, and valuable oak timber poised for future harvest and sale. The property also holds potential gravel deposits, adding another layer of long-term value. The scenic, park-like setting includes two well-maintained homes, several outbuildings, pasture, and fencing—ideal for continued agricultural use or as an estate property. Large-scale power access along lot lines and nearby power stations enhance the site’s utility for future commercial or residential development. Enjoy the benefit of Agricultural Preservation tax advantages while holding the land for future appreciation, just minutes from the Twin Cities Metro Area. With few large parcels remaining this close to urban amenities and with direct access to a major highway, this farm stands out as a blank slate with endless potential for visionaries looking to shape the next phase of growth in the region.
Directions: From Cottage Grove turn left onto US-10 East and continue for 1.9 miles, then make a U-turn and take a sharp right after 600 ft, after .4 miles the property will be on your right.
Additional Parcels Information
Property ID #2: 2502721340001
Property ID #3: 3602721210001,3602721220002
Assessments
Assessment Balance: 0
Tax With Assessments: 8650
Builder Information
Builder Restrictions: Open
Development Status
Raw Land: 1
Insurance Fee
Insurance Fee: 0
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 21
Section#: 25
Township#: 27
Restriction/Covenants
None: 1
Topography
Gently Rolling: 1
Available Utilities
Electricity Available: 1
Electricity Connected: 1
Improvements
None: 1
Land Inclusions
None: 1
Location Tax and Other Information
House Number: 10998
Street Name: Point Douglas
Street Suffix: Drive
Street Direction Suffix: S
Postal City: Hastings
County: Washington
State: MN
Zip Code: 55033
Property Features
Available Utilities: Electricity Available; Electricity Connected
Development Status: Raw Land
Improvements: None
Land Inclusions: None
Topography: Gently Rolling

IDX
Listing Office: LandProz Real Estate, LLC

Last Updated: January - 27 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.