For Sale Lot / Land MLS# 7122239

10998 Point Douglas Drive S

Hastings, MN 55033

$6,859,000

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About 10998 Point Douglas Drive S

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.

Property details

Property

Type
land
MLS type
Land/Property
Status
Active
Lot
210.5
Original price
$6,859,000
MLS #
7122239

Exterior & lot

Lot
2502721310001, Gently Rolling

Schools

District
Hastings Public School District

Utilities

Utilities
Electricity Available, Electricity Connected

Financial

Financial
northstar
Annual tax
$8,650
Tax year
2025
Parcel
2502721310001

Location

County
Washington
Community
Washington, 0.0, northstar, Hastings
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.

Location

School district
Hastings Public School District

Ask about this property

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Listed by Brian Haugen, LandProz Real Estate, LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.