10998 Point Douglas Drive S, Hastings, MN 55033

$6,859,000
Property Type: Land Lot Size (sq. ft.): 9,169,380 Status: Active
Current Price: $6,859,000 List Date: 7/16/2025 Last Modified: 1/27/2026

Overview

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.

Listing Details MLS# 6755766

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

Property Features

Available Utilities: Electricity Available; Electricity Connected Development Status: Raw Land Improvements: None Land Inclusions: None Topography: Gently Rolling

Contract Information

Contingency
None
Original List Price
6859000
ListPrice
6859000
Owner is an Agent?
No
Auction?
No

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

Additional Parcels Information

Property ID #2
2502721340001
Property ID #3
3602721210001,3602721220002

Assessments

Tax With Assessments
8650
Assessment Balance
0

More Information

Builder Information

Builder Restrictions
Open

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
21
Section#
25
Township#
27

Office/Member Info

Association
SEMR

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.

Development Status

Raw Land
Yes

Insurance Fee

Insurance Fee
0

Restriction/Covenants

None
Yes

Topography

Gently Rolling
Yes

Available Utilities

Electricity Available
Yes
Electricity Connected
Yes

Improvements

None
Yes

Land Inclusions

None
Yes
Listing Office: LandProz Real Estate, LLC
IDX
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.