Cold Spring, MN

16163 County Road 49
Cold Spring, MN 56320

298.24 Acres M/L
$4,250,000

Listing #15712

PROPERTY INFO

Description

Peoples Company is pleased to present this prime development property located on the majestic Horseshoe Chain of Lakes in Stearns County, MN. The property consists of 298 +/- acres with over 5400' +/-  shoreline and 135 +/- acres tillable ground. Not too often do properties such as this grace the marketplace! The land has been owned by the same family for multiple generations. Attention, developers and investors! Truly one-of-a-kind property with frontage on the Sauk River as well as Knaus Lake, hardwood forest, and pond. This highly sought-out chain of lakes consists of 2500 +/- acres!  Adjacent to the city limits of Cold Spring. This acreage has it all! development potential, excellent hunting, pond, wildlife, and tillable farmland income.

Listing encompasses three parcel ID's

The subject parcels offer development potential with the most valuable land being located along the waterfront. Environmental Services Department indicated 18-20 single -family waterfront lots should be obtainable and up to  6  40-acre tracts.  Buyer could potentially plat the 40 acre tracts into a rural development with as low as 5 acre lots or maybe less.

There are single -family homes surrounding the subject property. 

The larger parcel is bisected by County Road 49 with approximately 1,830’ of shoreline. Tht area could support approximately 10 lots of 40,000sf or larger.  The shoreline on the west side of  County Road 49 is on Knaus Lake.

The shoreline east of County Road 49 is more river frontage along the Sauk River. Similar lot requirements of 150’ of shoreline and 40,000sf minimum lot size. There is approximately 1,565’ of usable shoreline. 

Beautiful wooded acreage along the eastern boundary of the property. A little higher elevation would offer excellent views. There is also a small lake known as Kinzer Lake along the southern border. 

The Sauk River and Chain of Lakes is a very popular boating option in this area. Buyers are always looking for waterfront lots. Prime location with good development potential.

Zoning
Agricultural District A-40
Residential District R-1

Legal Description

275.24 A W2NE4 & E2NW4 & GOVTLOTS 1 & 2 LESS PART OF LOT 1 N OF RIVER LESS 2.14A OF LOT 1 TO ROGER WOCKEN & N2SW4 LESS6.65A FOR HWY & LESS 9.60A TO PWOCKEN   Section 27 Township 123Range 030

23.00 A. FR 23 A. OF THAT PT OF SE4SW4 & OF W2SW4SE4 LYING S OF SAUK RIVER   Section 22 Township 123Range 030

OUTLOT A Lot OUTLOT A SubdivisionCd 36007 SubdivisionNameCENTURY ESTATES  Section 27Township 123 Range 030

*Exact legal description to be taken from Title Commitment.

Farm Details

298 +/-  acres of potential development land with approximately 5,457’ of shoreline along the Knaus Lake/Sauk River. Location: 16163 County Road 49, Cold Spring, Minnesota. Offers 135+/- Tillable Acres.

  • Sign On Property: Yes
  • MLS Number: 6102629
  • Parcel Number: 36.24059.0000, 36.23834.0000, 36.23748.0000
  • School District: 750
  • General Area: Central Minnesota
  • Gross Taxes: $13,224.00
  • Terms: Cash, Conventional, Other

Directions

From Highway 23 in Cold Spring,  go south 1.5 miles on County Road 49 to property on the east and west side of the road. Watch for signs.

Improvements

Rustic Cabin, Dock, Newer Septic System, Sand Point Well

  • Zoning: Residential / Ag

Additional Info

Farm ground rented untill spring of 2022

 

 

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