24-xx Knotty Oak Lane

Morristown, MN 55052

$1,150,000
Price
1,769,842 / 40.63
Lot Size / Acres

Description

Tremendous opportunity lies in this 40-acre parcel. Platted for 15 lots, both waterfront and private deeded lake access. Lush trees provide Privacy and serenity along the winding paved road. Shore line is sloped, some elevation offering panoramic views of Lower Sakatah Lake. Designed for 2-3 acre lots with approx. 1800’ of lakeshore. 8 waterfront- with westerly lake views, 5 deeded access, and 2 outlots. An association-maintained community to provide quality shared waterfront lot, snow removal, road...Tremendous opportunity lies in this 40-acre parcel. Platted for 15 lots, both waterfront and private deeded lake access. Lush trees provide Privacy and serenity along the winding paved road. Shore line is sloped, some elevation offering panoramic views of Lower Sakatah Lake. Designed for 2-3 acre lots with approx. 1800’ of lakeshore. 8 waterfront- with westerly lake views, 5 deeded access, and 2 outlots. An association-maintained community to provide quality shared waterfront lot, snow removal, road maintenance, shared well, community septic, and covenants. Septic available, but not yet connected. Imagine developing the Cottage Lake Villas, Refined Country Living complete with accessory buildings, or, sprawlingPatio homes. No Builder Restrictions. Less than 50 miles to South Metro, and only 25 miles to Greater Mankato Area. From HWY 60, take Kent Ave to245th to Knotty Oak Lane.
  1. Listed by RE/MAX Advantage Plus

Property Details for 24-xx Knotty Oak Lane

Subdivision Name
Sakatah Shores 4th Add
View
Lake
Waterfront Features
Association Access, Deeded Access, Lake Front, Lake View
Waterfront YN
Yes
Zoning Jurisdiction
Residential-Single Family

Location

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LISTING UPDATED: 02/29/2024 03:46 PM

Property Details for 24-xx Knotty Oak Lane

StatusActive
MLS #6255331
Days on Compass607
Taxes$7,578 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size40.63 AC
CountyRice County

Location

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Building Information for 24-xx Knotty Oak Lane

Lot Size40.63 AC

Payment Calculator

$6,908 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,276

Property Taxes

$632

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 24-xx Knotty Oak Lane

Summary
Location and General Information
  • City Name: Morristown Twp
  • County Or Parish: Rice
  • County: Rice-MN
  • Directions: From HWY 60, take Kent Ave to 245th to Knotty Oak Lane.
  • Latitude: 44.2363353948
  • Longitude: -93.4964052221
  • Nbr of Acres: 372
  • Lake Chain: N
  • Lake Name: Natural Environment
  • PLAT: 7
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Morristown
  • City and Location Text: Morristown(MN)
  • Postal Code: 55052
  • State Or Province: MN
  • Topography: Sloped
  • Complex Name: Lower Sakatah
  • Waterfront Footage: 66004400
  • Waterfront Desc: Gradual
Taxes and HOA Information
  • Additional Parcels Description: 1320127002,1320127003
  • Additional Parcels: Yes
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 1320127001
  • Tax Annual Amount: $7,578.00
  • Tax Legal Description: SAKATAH SHORES 4TH ADD
  • Tax Other Annual Assessment Amount: $4,326.90
  • Tax Year: 2023
  • Tax With Assessments: 11905.0000
School Information
  • High School District: 2143 - Waterville-Elysian-Morristown
  • School District Number: 2143
  • School District Phone: 507-275-3115
Property
Lot Information
  • Lot Features: Accessible Shoreline, Tree Coverage - Heavy, Underground Utilities
  • Lot Size Area: 40.63
  • Lot Size Dimensions: 43.12 Acres
  • Lot Size Units: Acres
  • Property Type: Land
Utilities
  • Utilities: Electricity Connected, Electricity Available, Natural Gas Available, Shared Septic Available, Phone Available, Underground Utilities Available
Interior and Exterior Features
Exterior Features
  • Road Frontage Type: Cul De Sac, Paved Streets
  • Road Responsibility: Road Maintenance Agreement

Property History for 24-xx Knotty Oak Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 24-xx Knotty Oak Lane

This home is within Waterville-Elysian-Morristown School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Waterville Elementary School
PublicPK to 4

Morristown Elementary School
Public5 to 6

Waterville-Elysian-Morristown Jr.
Public7 to 8

Waterville-Elysian-Morristown Sr.
Public9 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

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Similar Sold Homes

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24-xx Knotty Oak Lane is a 40.63 ac of land for sale in Morristown, MN 55052. This property was listed for sale on August 30, 2022 by RE/MAX Advantage Plus, it's currently listed at $1,150,000. This listing's school district is Waterville-Elysian-Morristown School District. Nearby schools include Waterville Elementary School, Morristown Elementary School and Waterville-Elysian-Morristown Jr.. 24-xx Knotty Oak Lane is a 0-bed, 0-bath, 40.63 ac of land on a 1,769,842 sq. ft. / 40.63 acres lot.

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. 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.

Listing Courtesy of RE/MAX Advantage Plus

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 02/29/2024 03:46 PM