Sold price · Closed Sep 25, 2026
527 River Road NE
About this home
Located at the heart of a quaint river town, this solidly built 1962 one-and-a-half-story home offers a blend of small-town charm, and immense investment potential. Set on a rare and expansive one-acre in-town lot including eight black walnut trees and a vibrant sugar maple, the property provides your own park like lot. The lifestyle here is truly unbeatable. You can walk to two of the area's finest local restaurants, then take a stroll down to the historic Hanover Bridge—an iconic pedestrian crossing over the scenic Crow River that connects directly to miles of paved hiking and biking trails. Directly across the street, you will find a premium city park and top-tier municipal facilities, all located within a remarkably well-run, welcoming community. For hobbies, storage, and projects, the property features a large, oversized two-car garage, offering abundant space for your cars and toys. Inside, the main level features a comfortable two-bedroom, one-bathroom layout that is a blank canvas just ready for a new owner to make their own. You will appreciate the 6 year old roof and 7 year old Hot water heater and you can instantly build equity and unlock the property's potential to reach approximately 2,000+ finished square feet by choosing to finish the upstairs and finish the basement and updating the main floor. The lower level features a walkout basement with large windows, flooding the area with natural light and offering easy access to your expansive backyard. Whether you want to add multiple bedrooms, a home office, a spacious family room, or a private master suite, the possibilities to customize these 3 levels are endless.
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Home facts
Facts & features
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Bath breakdown
- 1 full
- Heating
- Baseboard, Boiler
- Cooling
- None
- Appliances
- Cooktop, Dryer, Refrigerator, Wall Oven, Washer
Property
- Levels / stories
- One and One Half
- Garage
- 2 spaces · 25x25 · 624 sqft
- Parking features
- Detached Garage, Asphalt
- Exterior features
- Stucco
- Pool
- None
- Lot size
- 1 acres
Construction
- Property type
- Residential
- Property subtype
- Single Family
- Construction materials
- Block, Frame
- Foundation
- Block · 1,008 sqft
- Roof
- Age 8 Years or Less, Architectural Shingle, Pitched
- Year built
- 1962
Utilities
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Fuel
- Natural Gas
- Electric
- Fuses, 100 Amp Service
Community & HOA
- HOA
- No HOA
- School district
- 877 - Buffalo-Hanover-Montrose
- High school district
- Buffalo-Hanover-Montrose
Financial & listing details
- Annual tax
- $0 (2026)
- Listed
- Aug 19, 2026
- Days on market
- 6
- Manufactured home
- Yes
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
527 River Road NE, Hanover, MN, 55341
Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
