Listed at
$6,859,000

10998 Point Douglas Drive

10998 Point Douglas Drive, Hastings, MN, 55033
210.5  Acres
Days on market54
TypeLand
Est. $202,770buyer credit when you buy with SODL
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About this home

Attention investors, developers, and estate planners: a truly rare opportunity awaits with 210.5 +/- acres of prime land located within the City of Cottage Grove, Minnesota. Featuring direct frontage and access to Highway 61, this exceptional property is currently zoned Agricultural, with a transitional designation in the city’s Comprehensive Plan, signaling strong future development potential. Presently operating as a productive farming enterprise, the land includes irrigation wells, power infrastructure, and valuable oak timber poised for future harvest and sale. The property also holds potential gravel deposits, adding another layer of long-term value. The scenic, park-like setting includes two well-maintained homes, several outbuildings, pasture, and fencing—ideal for continued agricultural use or as an estate property. Large-scale power access along lot lines and nearby power stations enhance the site’s utility for future commercial or residential development. Enjoy the benefit of Agricultural Preservation tax advantages while holding the land for future appreciation, just minutes from the Twin Cities Metro Area. With few large parcels remaining this close to urban amenities and with direct access to a major highway, this farm stands out as a blank slate with endless potential for visionaries looking to shape the next phase of growth in the region.

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Home facts

Property typeLand
Lot size210.5 acres (2643 ft x 3029 ft x 2997 ft x 3247 ft)
Days on market54
ListedAug 5, 2026
MLS #NST7122239
CountyWashington
Parcel #2502721310001

Facts & features

Interior

Bathrooms
0

Property

Lot size
210.5 acres
Lot dimensions
2643 ft x 3029 ft x 2997 ft x 3247 ft
Parcel #
2502721310001
Zoning
Agriculture

Construction

Property type
Land

Utilities

Utilities
Electricity Available, Electricity Connected

Community & HOA

HOA
No HOA
School district
200 - Hastings
High school district
Hastings

Financial & listing details

Annual tax
$8,650 (2025)
Listed
Aug 5, 2026
Days on market
54
Inclusions
None

Interior details

Total bathrooms0

Exterior & lot

ZoningAgriculture

Utilities

Parking & garage

Financial details

Annual taxes$8,650
Tax year2025
Taxes w/ assessments8650
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District200 - Hastings
District number200
District phone6514807002
High schoolHastings
SODL flat fee brokerage
$202,770Estimated buyer credit
SODL platform fee $3,000Your buyer credit $202,770

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$39,054/mo
Principal & interest$36,047
Property taxes$721
Home insurance (est.)$2,286
%
$1,371,800
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

10998 Point Douglas Drive, Hastings, MN, 55033

Listing information

MLS #NST7122239
StatusActive
Last updatedAug 5, 2026, 5:51 PM
Originally listedAug 5, 2026, 12:48 PM
Listing officeLandProz Real Estate, LLC

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. 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.