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Active
$2,800,000
/mo Edit
Lot/Land:  Lot/Land
35 acres
Waterville-Elysian-Morris schools
MLS# 6554378
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    Property Description

    Attention Developers and Lake Owners on Lake Francis: An extremely rare opportunity to own this iconic Lake property on Wagner Bay LN, available to the public for the first time. Nestled on 35 acres and 850 feet of water frontage. The privacy of this property is positioned perfectly to capture breathtaking sunrises and panoramic views across the lake. Dock, private well and septic and electric on-site. Don't miss the chance to experience the allure of Lake Francis and discover the potential to create your OWN haven in these breathtaking surroundings or the chance to Develop and Create a seven (7) to eight (8) lot subdivision (site) on the north side of Lake Francis in Elysian Township. Lake Frances is approximately 927 sq. acres in size with 9 miles of shoreline. Lake Frances is approximately 60 feet in depth. Outstanding Investment Opportunity.

    Listing

    Contingency: None
    City: Elysian Twp
    County: Le Sueur
    State: MN
    Property Style: Lot/Land
    Zip Code: 56028

    Exterior

    Out Buildings: Storage Shed
    Road Responsibility: Private Maintained Road, Public Maintained Road
    Road Frontage:
    • Private Road
    • Township

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront Name: Frances
    DNR Lake ID#: 40005700
    WF Frontage: 850
    Lake Chain Name: N
    Lake Acres: 927
    Lake Depth: 60
    Waterfront:
    • Dock
    • Lake Front
    • Lake View

    Lot & Land

    Acres: 35
    Geolocation: 44.220757, -93.701066
    Inclusions: Boat Slip, Dock, Easements, For Sale Sign
    Lot Dimensions: Irregular Lot 35 AC
    Restrictions:
    • Easements
    • Easements-Utility
    Zoning: Agriculture
    Lot Description:
    • Accessible Shoreline
    • Additional Land Available
    • CRP Land
    • Irregular Lot
    • Tree Coverage - Medium

    Farm

    Topography: Gently Rolling, Low Land, Wooded

    Schools

    School District: 2143
    District Phone: 507-275-3115

    Financial & Taxes

    Tax Year: 2024
    Annual Taxes: $3,116
    Lender-owned: Not disclosed
    Assessment Pending: No
    Taxes w/ Assessments: None
    Association Fee Required: No
    Taxable Acres: 35.000

    Miscellaneous

    Development Status: Other
    Improvements: None
    Available Utilities:
    • Cable Available
    • Electricity Available
    • Electricity Connected
    • Private Septic Available
    • Private Septic Connected
    • Private Well Available
    • Private Well Connected
    • Sewer Connected
    • Water Available

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.