1567 County Road 7

$245,000
Price
5
Beds
2,631 Sq. Ft.
$93 / Sq. Ft.
2,631
Sq. Ft.
$93
per Sq. Ft.

Description

Presenting a rare opportunity: 1567 County Road 7, Balaton, MN 56115 is an expansive 5-bedroom, 3-bath country estate on 10 acres of prime Minnesota land. Boasting 2,631 sq ft of living space, this 1917 farmhouse blends rustic charm with modern essentials—ideal for those seeking room to grow, hobby farming, or country living within reach of Balaton community amenities. The home’s inviting layout highlights a spacious living area with a cozy fireplace, perfect for gathering on cold winter nights....Presenting a rare opportunity: 1567 County Road 7, Balaton, MN 56115 is an expansive 5-bedroom, 3-bath country estate on 10 acres of prime Minnesota land. Boasting 2,631 sq ft of living space, this 1917 farmhouse blends rustic charm with modern essentials—ideal for those seeking room to grow, hobby farming, or country living within reach of Balaton community amenities. The home’s inviting layout highlights a spacious living area with a cozy fireplace, perfect for gathering on cold winter nights. Enjoy updated comforts including a 3-year-old hot water heater, a 4-year-old A/C unit, and a well-maintained furnace. Durable shingle roofing (installed in 1993), a sturdy basement and pier beam foundation, and a classic wooden plank exterior provide lasting peace of mind. Fresh carpet, tile, and LVP plank flooring add comfort on every level. Practical features include well water, a septic system that received a full cleaning and new pump this year, and an oversized garage for vehicles or storage. There are no termite or lead paint issues, and the property is located outside flood zones. Utility providers support both electricity and gas, with current status ready for occupancy. The property does require a new roof, updated windows, minor siding repairs, bathroom refresh, new carpet, and cosmetic upgrades—offering a blank canvas for your personal touch. This is an exceptional find for large families, investors, or anyone looking for an affordable acreage home in the heart of Balaton’s thriving real estate market, where prices are climbing and supply remains tight.? Don’t miss your chance to own a piece of Minnesota countryside with space to spread out and endless potential. Schedule your private tour today!
  1. Listed by Jeff Hagel • Jeffrey Hagel

Property Details for 1567 County Road 7

Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 11/28/2025 05:03 AM

Property Details for 1567 County Road 7

StatusActive
MLS #6822498
Days on Compass14
Taxes$1,642 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1900
Lot Size10.00 AC / 435,600 SF
CountyLyon County

Location

Listing Courtesy of Jeff Hagel
Add your commute

Building Information for 1567 County Road 7

Stories-Year Built1900Building Size-Lot Size10.00 AC / 435,600 SF

Payment Calculator

$1,347 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,211

Property Taxes

$137

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1567 County Road 7

Summary
Location and General Information
  • City Name: Custer Twp
  • County Or Parish: Lyon
  • County: Lyon-MN
  • Directions: Turn right toward Co Rd 2 – continue for 417 ft Turn left onto Co Rd 2 – drive for 0.9 miles Turn right onto 240th Ave – continue for 2.3 miles Destination (1567 Co Rd 7) will be on your right
  • Latitude: 44.278213
  • Longitude: -95.817426
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Balaton
  • City and Location Text: Balaton(MN)
  • Postal Code: 56115
  • State Or Province: MN
  • Public Survey Township: 109
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 040060060
  • Tax Annual Amount: $1,642.00
  • Tax Legal Description: 10.00 ACRES M OR L PT OF NE4
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 1642.0000
School Information
  • High School District: 2904 - Tracy Area
  • School District Number: 2904
  • School District Phone: 507-629-5500
Property
Lot Information
  • Above Grade Fin SQFT: 2001.0
  • Below Grade Fin SQFT: 630.0
  • SQFT Total: 2631.0
  • Lot Size Area: 10.0
  • Lot Size Dimensions: 750x509
  • Lot Size Square Feet: 435600.0
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SQFT Main Total: 1164.0000
  • Building Area Total: 2631.0
  • Above Grade SqFt Total: 2001.0000
  • Below Grade SqFt Total: 630.0000
Property and Assessments
  • Age Of Property: 125
Utilities
  • Sewer: Private Sewer
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1164.0
  • Fuel: Propane
Interior Features
  • Basement Type: Daylight/Lookout Windows, Egress Window(s), Finished
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 3
  • Bedrooms Total: 5
  • Fireplaces Total: 1
  • FireplaceYN: Yes
  • Cooling: Central Air
  • DP Resource: Y
  • Garage Dimensions: 22x24
  • Garage Square Feet: 528
  • Heating: Forced Air
  • Levels: Four or More Level Split
  • Basement YN: Yes

Property History for 1567 County Road 7

DateEvent & SourcePriceAppreciation
Nov 27, 2025

Price Change

NorthStar #6822498

$245,000
Nov 27, 2025

Listed (Active)

NorthStar #6822498

Sep 18, 2015

Sold

NorthStar #5184197

$183,500
Jul 20, 2015

Pending

NorthStar #5184197

May 26, 2015

Listed (Active)

NorthStar #5184197

$189,000
DateEvent & SourcePrice
11/27/2025

Price Change

NorthStar #6822498

$245,000
11/27/2025

Listed (Active)

NorthStar #6822498

09/18/2015

Sold

NorthStar #5184197

$183,500
07/20/2015

Pending

NorthStar #5184197

05/26/2015

Listed (Active)

NorthStar #5184197

$189,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1567 County Road 7

Taxable ValueLand$94,000Additions$175,400Total$269,400
Tax Record2024$1,642 ($137 / month)
Home Facts
Beds0Lot Size435,600 SqFtStyleSingle Family ResidenceCountyLYONAPN04-006006-0

Schools near 1567 County Road 7

This home is within Tracy Area Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Tracy Elementary School
PublicPK to 6

Tracy Secondary
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1567 County Road 7 is a single family home for sale in Balaton, MN 56115. This property was listed for sale on November 27, 2025 by Jeff Hagel, it's currently listed at $245,000. It has been on the market for a total of 14 days and was last sold on September 18, 2015. This listing's school district is Tracy Area Public School District. Nearby schools include Tracy Elementary School and Tracy Secondary. 1567 County Road 7 is a 5-bed, 3-bath, 2,631 sqft single family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Jeff Hagel

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/12/2025 03:21 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.