7040 Meridian Ave S
Listed By CompassPending
Listed By CompassPending
Description
Welcome to your dream hobby farm retreat on the shore of Fountain Lake in Montrose, Minnesota. This charming traditional-style home is nestled at the end of a picturesque, tree-lined driveway surrounded by restored prairie, offering luxury, privacy and country charm. From masterfully designed perennial gardens with abundant wildlife, to a heated saltwater pool and whimsical play area, lovingly known as Neverland, every inch of this property is beautifully crafted. This property is truly special....Welcome to your dream hobby farm retreat on the shore of Fountain Lake in Montrose, Minnesota. This charming traditional-style home is nestled at the end of a picturesque, tree-lined driveway surrounded by restored prairie, offering luxury, privacy and country charm. From masterfully designed perennial gardens with abundant wildlife, to a heated saltwater pool and whimsical play area, lovingly known as Neverland, every inch of this property is beautifully crafted. This property is truly special.
Step inside and fall in love with the sun-filled family room boasting towering two-story windows, wood floors, and a fireplace. A formal dining room provides an elegant space for entertaining and is adjacent to a quiet office overlooking the front yard. The main floor primary suite serves as a private retreat with a ensuite bathroom and walk-in closet.
The kitchen is the heart of the home, with a stunning gourmet kitchen featuring custom cabinetry, including a beautifully carved range hood, and a large center island with beautiful granite countertops. You will appreciate the extra storage and wine cooler in the butler's pantry. The kitchen is complete with beautiful views of the lake, pool, and gardens from the breakfast nook and informal dining area. Upstairs offers three spacious bedrooms, a Jack-and-Jill bath with double sinks. The downstairs is perfect for a movie night or entertaining friends, with a wet bar and easy access to the pool. Two spacious bedrooms, a playroom, two bathrooms, and plenty of storage complete the home.
Cultivate new hobbies with the perennial gardens and raised flower beds, or in the greenhouse. Store your toys in the 45x30 toybox, or in the comfort of the divided 48x36 heated shop, complete with a floor drain. Want to raise chickens, goats or other animals, do so, in the back half of the shop.
Offering peace, privacy, and endless opportunity, this property is ideal, whether you want to relax, raise animals, connect with nature, or start and grow your business. Welcome home!
Step inside and fall in love with the sun-filled family room boasting towering two-story windows, wood floors, and a fireplace. A formal dining room provides an elegant space for entertaining and is adjacent to a quiet office overlooking the front yard. The main floor primary suite serves as a private retreat with a ensuite bathroom and walk-in closet.
The kitchen is the heart of the home, with a stunning gourmet kitchen featuring custom cabinetry, including a beautifully carved range hood, and a large center island with beautiful granite countertops. You will appreciate the extra storage and wine cooler in the butler's pantry. The kitchen is complete with beautiful views of the lake, pool, and gardens from the breakfast nook and informal dining area. Upstairs offers three spacious bedrooms, a Jack-and-Jill bath with double sinks. The downstairs is perfect for a movie night or entertaining friends, with a wet bar and easy access to the pool. Two spacious bedrooms, a playroom, two bathrooms, and plenty of storage complete the home.
Cultivate new hobbies with the perennial gardens and raised flower beds, or in the greenhouse. Store your toys in the 45x30 toybox, or in the comfort of the divided 48x36 heated shop, complete with a floor drain. Want to raise chickens, goats or other animals, do so, in the back half of the shop.
Offering peace, privacy, and endless opportunity, this property is ideal, whether you want to relax, raise animals, connect with nature, or start and grow your business. Welcome home!
Listing Agents
![Becky Schaust]()
becky.schaust@compass.comP: (612)-799-7889
![Kelli Schaust]()
kelli.schaust@compass.comP: (612)-269-4516
Property Details for 7040 Meridian Avenue South
Waterfront Features
Lake Front
Waterfront YNYes
Zoning JurisdictionAgriculture,Residential-Single Family
LISTING UPDATED: 12/06/2025 08:22 PM
Property Details for 7040 Meridian Avenue South
| Status | Pending |
|---|---|
| MLS # | 6789376 |
| Days on Compass | 78 |
| Taxes | $9,650 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Single Family |
| MLS Type | Residential / Single Family Residence |
| Year Built | 1994 |
| Lot Size | 7.80 AC / 339,768 SF |
| County | Wright County |
| Buyer's Agent Compensation | 2.7% |
Location
Add your commute
Building Information for 7040 Meridian Avenue South
Stories-Year Built1994Building Size-Lot Size7.80 AC / 339,768 SF
Payment Calculator
$6,892 per month
30 year fixed, 6.15% Interest
Principal and Interest
$6,087
Property Taxes
$804
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 7040 Meridian Avenue South
Summary
Location and General Information
- City Name: Franklin Twp
- County Or Parish: Wright
- County: Wright-MN
- Directions: Hwy 12 West of Delano, South on Meridian, driveway on left.
- Latitude: 45.049633
- Longitude: -93.888755
- Nbr of Acres: 434
- Lake Chain: N
- Lake Name: Natural Environment
- PLAT: 10
- Map Coordinate: 86-D2
- Map Coordinate Source: King's Street Atlas
- City and Location: Montrose
- City and Location Text: Montrose(MN)
- Postal Code: 55363
- State Or Province: MN
- Public Survey Township: 118
- Waterfront Property YN: No
- Water Body Name: Fountain
- Waterfront Footage: 86008600
Taxes and HOA Information
- Additional Parcels: No
- Association Fee: $.00
- Association: No
- Parcel Number: 208200072204
- Tax Annual Amount: $9,650.00
- Tax Legal Description: SECT-07 TWP-118 RANGE-025 UNPLATTED LAND FRANKLIN TWP3 TH PRT OF GOV LT1TH LIES S OF LN A DES COM NW COR OF SD LT1TH S89D21'27"E ALG N LN633.60FT TO POB TH S64D31'07"E TO SHR OF FOUNTAIN LK&TERM&LIES N OF LN B DES COM NW COR OF SD LT1TH S0D0'0"W ALG W LN300FT TO POB TH S69D21'51"E TO SHR OF FOUNTAIN LK& TERM
- Tax Other Annual Assessment Amount: $.00
- Tax Year: 2024
- Tax With Assessments: 9650.0000
School Information
- High School District: 877 - Buffalo-Hanover-Montrose
- School District Number: 877
- School District Phone: 763-682-8707
Property
Lot Information
- Above Grade Fin SQFT: 3708.0
- Below Grade Fin SQFT: 1689.0
- SQFT Total: 5397.0
- Lot Features: Suitable for Horses
- Lot Size Area: 7.8
- Lot Size Dimensions: 291x696x497x362x637
- Lot Size Square Feet: 339768.0
- Lot Size Units: Acres
- Other Structures: Greenhouse
- Present Use: Yearly
- Property Attached: No
- Property Sub Type: Single Family Residence
- Property Type: Residential
- SQFT Main Total: 2355.0000
- Building Area Total: 6048.0
- Above Grade SqFt Total: 3708.0000
- Below Grade SqFt Total: 2340.0000
Property and Assessments
- Age Of Property: 31
Utilities
- Electric: 200+ Amp Service
- Sewer: Septic System Compliant - No
- Water Source: Well
Interior and Exterior Features
Exterior Features
- Accessibility Features: None
- Fencing: Chain Link
- Foundation Area: 2355.0
- Fuel: Propane
- Pool Features: Below Ground, Heated
- Road Frontage Type: Township, Unpaved Streets
- Road Responsibility: Public Maintained Road
- Roof: Shake, Age Over 8 Years
- Patio Porch Type: Composite Decking,Deck,Patio
Interior Features
- Appliances: Central Vacuum, Dishwasher, Disposal, Double Oven, Dryer, Electronic Air Filter, Exhaust Fan, Fuel Tank - Rented, Gas Water Heater, Water Filtration System, Water Osmosis System, Iron Filter, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Rented, Wine Cooler
- Basement Type: Block, Drain Tiled, Drainage System, Egress Window(s), Finished, Walkout
- Bath Desc: Full Primary,Full Jack & Jill,Private Primary,Main Floor 1/2 Bath,Main Floor Full Bath,Separate Tub & Shower,Upper Level Full Bath,Jetted Tub
- Bathrooms Full: 3
- Bathrooms Half: 1
- Bathrooms One Quarter: 0
- Bathrooms Three Quarter: 1
- Bathrooms Total Count: 5
- Bedrooms Total: 6
- Fireplace Features: Gas, Wood Burning, Wood Burning Stove
- Fireplaces Total: 3
- FireplaceYN: Yes
- Cooling: Central Air, Geothermal
- Garage Dimensions: 32x23
- Garage Square Feet: 801
- Heating: Geothermal
- Levels: Two
- Room Type: Foyer, Office, Informal Dining Room, Living Room, Bedroom 1, Laundry, Mud Room, Dining Room, Hobby Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Family Room, Play Room, Storage, Utility Room, Other Room, Bar/Wet Bar Room
- Room List: Foyer, Office, Informal Dining Room, Living Room, Bedroom 1, Laundry, Mud Room, Dining Room, Hobby Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 6, Family Room, Play Room, Storage, Utility Room, Other Room, Bar/Wet Bar Room
- Basement YN: Yes
Room Information
Room 1
- Room Dimensions: 8x8
- Room Level: Main
- Room Type: Foyer
Room 2
- Room Dimensions: 15x14
- Room Level: Main
- Room Type: Office
Room 3
- Room Dimensions: 15x14
- Room Level: Main
- Room Type: Informal Dining Room
Room 4
- Room Dimensions: 22x16
- Room Level: Main
- Room Type: Living Room
Room 5
- Room Dimensions: 17x14
- Room Level: Main
- Room Type: Bedroom 1
Room 6
- Room Dimensions: 10x8
- Room Level: Main
- Room Type: Laundry
Room 7
- Room Dimensions: 12x5
- Room Level: Main
- Room Type: Mud Room
Room 8
- Room Dimensions: 16x11
- Room Level: Main
- Room Type: Dining Room
Room 9
- Room Dimensions: 5x5
- Room Level: Main
- Room Type: Informal Dining Room
Room 10
- Room Dimensions: 23x20
- Room Level: Upper
- Room Type: Hobby Room
Room 11
- Room Dimensions: 13x12
- Room Level: Upper
- Room Type: Bedroom 2
Room 12
- Room Dimensions: 16x11
- Room Level: Upper
- Room Type: Bedroom 3
Room 13
- Room Dimensions: 15x11
- Room Level: Upper
- Room Type: Bedroom 4
Room 14
- Room Dimensions: 13x13
- Room Level: Basement
- Room Type: Bedroom 5
Room 15
- Room Dimensions: 18x14
- Room Level: Basement
- Room Type: Bedroom 6
Room 16
- Room Dimensions: 22x18
- Room Level: Basement
- Room Type: Family Room
Room 17
- Room Dimensions: 20x15
- Room Level: Basement
- Room Type: Play Room
Room 18
- Room Dimensions: 24x14
- Room Level: Basement
- Room Type: Storage
Room 19
- Room Dimensions: 15x12
- Room Level: Basement
- Room Type: Utility Room
Room 20
- Room Dimensions: 7x7
- Room Level: Basement
- Room Type: Other Room
Room 21
- Room Dimensions: 8x7
- Room Level: Basement
- Room Type: Bar/Wet Bar Room
Property History for 7040 Meridian Avenue South
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Dec 6, 2025 | Pending NorthStar #6789376 | — | |
| Nov 23, 2025 | In Contract NorthStar #6789376 | — | |
| Nov 9, 2025 | Price Change NorthStar #6789376 | $1,249,000 | — |
| Sep 19, 2025 | Listed (Active) NorthStar #6789376 | — |
| Date | Event & Source | Price |
|---|---|---|
| 12/06/2025 | Pending NorthStar #6789376 | — |
| 11/23/2025 | In Contract NorthStar #6789376 | — |
| 11/09/2025 | Price Change NorthStar #6789376 | $1,249,000 |
| 09/19/2025 | Listed (Active) NorthStar #6789376 | — |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 7040 Meridian Avenue South
Taxable ValueLand$322,000Additions$645,500Total$967,500
Tax Record2025$9,872 ($823 / month)
Home Facts
Beds4Total Finished SqFt4,041 SqFtAbove Grade Finished SqFt4,041 SqFtStories2Lot Size344,560 SqFtStyleSingle Family ResidenceYear Built1994Year Renovated1999CountyWRIGHTAPN208-200-072204
Schools near 7040 Meridian Avenue South
This home is within Buffalo-Hanover-Montrose Public School.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 12 |
Rating | School | Distance |
|---|---|---|
Montrose Elementary School PublicPK to 5 | ||
Buffalo Community Middle School Public6 to 8 | ||
Buffalo Senior High School Public9 to 12 | ||
Pride Transitions Public12 |
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.
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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, Inc., its subsidiaries, affiliates and their agents and associated third parties 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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.
Based on information submitted to the MLS GRID as of 12/06/2025 08:22 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.
