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8970 Fenning Ave
Monticello, MN 55362
Land For Sale · 24.88 AC

Investment Highlights

  • Established, adjacent, very clean neighborhood
  • Approximately 25 acres with 60 proposed residential lots.
  • Walking distance to High School, Elementary School, and Parks

Executive Summary

8970 Fenning Avenue presents a residential land development opportunity in Monticello, Minnesota. The approximately 25-acre site has plans for 60 proposed residential lots and is situated adjacent to an established neighborhood in a growing residential area. The property's high and dry topography, combined with gravelly soils, provides favorable physical characteristics for future development. Its location near Monticello's schools, parks, and residential amenities enhances its appeal for a new housing community.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use Single Family Development
Total Lot Size 24.88 AC

1 Lot Available

Lot A

Price $2,076,840 CAD
Price Per AC $83,474.28 CAD
Lot Size 24.88 AC

25 Acres of Land Near New High School. 60 proposed lots.

Description

High and Dry Land with Gravelly Soil with 60 proposed lots.

Property Taxes

Property Taxes

Parcel Number
155-152-000020
Land Assessment
$1,028,539 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,028,539 CAD
  • Listing ID: 20755310

  • Date on Market: 2020-08-26

  • Last Updated:

  • Address: 8970 Fenning Ave, Monticello, MN 55362

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