$295,000
For Sale

XX Baker Avenue NW

Monticello, MN 55362
Listing OfficeKeller Williams Premier Realty Lake Minnetonka
Browse 21 photos
Type:Purchase
Structure:Land
Zone:Residential

Description

**NEW 10 ACRE LOT LISTING** One-of-a-Kind opportunity to own a fully wooded lot with seasonal views of Lake Ida just 6 miles from Monticello/I-94. Only 10 acre lot available in Monticello nestled in a secluded setting on a dead-end road. Exclusive builder is the highly reputable JPC Custom Homes out of Buffalo>>Learn about their Design-Build process/timing for fully customizing your future home. Lot is build-ready NOW...all we need it to design your future DREAM HOME together on this lot! This lot adjoins a larger 72 acre parcel which will be starting the PUD subdivision process with the township and Wright County Planning & Zoning in January/February 2025. "If" the owners/developers get their proposed PUD Concept Plan approved as proposed then this subject 10 acre XX Baker Ave NW lot will gain "HOA Easement Access" to a beautiful 22.5 acre Common/Outlot which includes lakeshore on Lake Ida. This secluded, wooded enclave with abundant ponds, wildlife and the lake is THE Gold-Standard in rural-residential living! In the event the proposed PUD Concept Plan is rejected or greatly changed/altered thus reducing the proposed "use and enjoyment" benefits/amentities for this subject lot THEN the Vacant Land contract will have a "concession clause" in an addendum stating that the owners/developers will pay a substantial monetary concession to the buyer post-closing. Many lot features within the listing herein are based on "PUD Concept Plan" approval so some amenities/features are subject to change however the "concession clause" in the PA contract clearly covers that worst case scenario. JPC Custom Homes design process will take 2-4 months with the buyer(s) so by then we/owners/developers will know much more about the likelihood of their PUD Concept Plan being approved. Could make your offer "subject to Preliminary Plat Approval" of the adjacent future development/community. The more you'll learn about this opportunity the better it gets so reach out to get more information while it lasts!!!

  • Property Details
      • Utility FeaturesCable Connected, Electricity Connected, Electricity Available
      • Lot FeaturesAccessible Shoreline, Tree Coverage - Heavy
      • Lot DescriptionAccessible Shoreline, Tree Coverage - Heavy
      • Waterfront FeaturesAssociation Access, Lake View, Other
      • School DistrictMonticello
      • Property TypePurchase
      • MLS #6649231
      • MLS #6649231
      • CountyWright
      • Taxes Annual$1,500
      • Cost295000
      • Parcel Number00001
      • Property SubtypeLand
      • Hoa Fees150
      • Hoa1

Location

Jayce Johnson | RE/MAX Realty 1Real Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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