
2331 Budd Street
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About this home
Last traded in the 1940s, this is a generational opportunity to own one of the few remaining, subdividable, lakefront, acreage estates on recreational water, within the Twin Cities Metro. At this serene site, it feels like you're hours outside of a city center, yet you're only 15 minutes from the 494 loop, set within the award winning, Orono School District. Carve out your dream on a property that has no covenants, restrictions, or HOAs. The property features 12+ acres, 600+' of frontage on Lake Independence, and ideal topography with significant, flat, usable land at the lake grade which extends in approximately 100' before the hill takes you up to higher ground where the potential build configurations and combinations are endless. Subdivide and sell, create a family compound, start your family farm, or imagine an equestrian estate, residence, and lakefront cabin all-in-one. This property can be split in half creating two, approximately 6 acre lots, each with 300’ of lake frontage, without a variance. City sewer and water is currently just south of Pagenkopf. If and when it extends to Pagenkopf, the dynamics related to minimum lot size would change (see the Bridgevine development just east of the subject).
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Home facts
Facts & features
Interior
- Bathrooms
- 0
Property
- Garage
- 2 spaces
- View
- North
- Waterfront
- Lake Front
- Lot size
- 12.09 acres
- Lot dimensions
- 511' x 876' x 600' x 1011'
- Parcel #
- 2411824210005
Construction
- Property type
- Land
- Year built
- 1900
Utilities
- Utilities
- Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
Community & HOA
- HOA
- No HOA
- School district
- 278 - Orono
- High school district
- Orono
Financial & listing details
- Annual tax
- $12,413 (2026)
- Listed
- Sep 18, 2026
- Days on market
- 11
- Inclusions
- None
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
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
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
2331 Budd Street, Independence, MN, 55359
Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
