For Sale: Preston MLS# 7124374
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Property Description
Excellent opportunity for twin home construction! This lot is zoned for a twin home, offering an attractive land cost of just $27, 500 per side. Enjoy rolling topography, beautiful golf course views, and a setting surrounded by a mix of wooded areas and picturesque meadows. The seller offers flexible building options, including a 3-year timeline to build. Pay 50% of the lot price in the first year, followed by 25% in each of the second and third years, interest-free. Buyers also have the option to work with the builder on a custom home, with plans already available and opportunities to personalize finishes including countertops, cabinetry, paint, flooring, and more. See MLS #6645947, 4 Golfview Drive, Preston, for an example. Additional lots are available, including seven generously sized lots and an additional 5-acre parcel located directly on the golf course. The development features a paved street and protective covenants and is conveniently located near the Minnesota Veterans Home in Preston. The City of Preston Economic Development Authority also offers new-construction housing incentives of $10, 000+, adding even more value for those looking to build. A $5, 000 down payment is required for each lot. Covenants, available city housing incentives, waived road assessment fees, and additional details can be found in the supplements.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$54,900
Property Type:
Lot/Land
City:
Preston
County:
Fillmore
State:
MN
Property Style:
Lot/Land
Zip Code:
55965
Subdivision Name:
Golfview Doherty 1st
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.58
Geolocation:
43.6835198268, -92.0975737423
Inclusions:
Other
Lot Dimensions:
Irregular
Minimum Lot Size:
0.58
Restrictions:
Open
Zoning:
Residential-Single Family
Farm
Pasture Acres:
0.58
Topography:
Rolling
Schools
School District:
2198
District Phone:
5077653843
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$130
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$130
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Subdivided
Improvements:
Paved Streets
Available Utilities:
- Electricity Available
- Other Available
- Other Connected
- Sewer Available
- Water Available
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Re/Max Results.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.