Waterfront - Golf Course
Address
XXX Island of Circle Lake, Faribault, MN
Price
$ 1,073,000
Property Attributes
  • ID#6362854
  • TypeLand
  • CountyRICE
  • CityFaribault
  • AreaCircle Island
  • NeighborhoodCircle Island
  • Zip55021
  • Style
  • Taxes$ 2484
  • Price$ 1,073,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size100 Acres
Data Source:
Northstar MLS (NSTAR)
Property Description

The most interesting opportunities await with this 100 acre island in Circle Lake with 10,600’ of shoreline, just 41 miles from the Twin Cities in beautiful Minnesota. The island was platted in 1924 for 249 lots and had an operating golf course at one time. Now, imagine the possibilities as a developer with a keen eye towards the hospitality industry, or simply snap this oasis up to create a private, tranquil, retreat for yourself. Perfection for the independent and adventurous lifestyle. Circle lake is 838 acres. The MN DNR Fisheries Lake Survey information describes Circle Lake as a good fishery for panfish, Northern Pike, and Walleye. The majority of the island is in Faribault’s postal district, and a portion of the west side is in Lonsdale’s. Access via public landing at: 4838 Circle Lake Trail, and a private easement on the east side of the lake.

Price History
4/5/2024 Listed $1,073,000

General Features

Utilities None Connected,None Available
Development Status Raw Land
Topography Level,Sloped
Tax Year 2023
Waterfront Features Lake Front,Lake View
Additional Parcels Description 0622226001,0615351001
County Rice
Property Type Land
HOA / Comm Assn No
Contingency None
Subdivision Name Circle Island
Directions Use the public access at 4838 Circle Lake Trail,Lonsdale
City Forest Twp
Buyer Agent Compensation 2.70
Body of Water Circle
High School District Northfield
Zoning Description Other
Waterfront Y/N Yes
Street Name Island of Circle Lake
Land Lease Y/N No
Tax Annual Amount 2484
Additional Parcels Y/N Yes
Virtual Tour https://mn-home-tours-1.aryeo.com/sites/dpwlbkk/unbranded
Days on Market 121
Standard Status Active
Restrictions None
Lender Owned No
Buyer Agent Compensation Type %
PostalCity Faribault

Interior Features

Lake Acres 837

Exterior Features

Lot Features Accessible Shoreline,Island/Peninsula,Tree Coverage - Medium
Inclusions Platted
Lot Size Area 100
Lot Dimensions 100 Acres
Lot Size Units Acres
Road Frontage Type Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 55021

Price
AVG $220K
$1.07M
Taxes
AVG $863
$2,484
Visits
AVG 277
130
Data Provided by Inside Real Estate®

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