Pending
$475,000
$214/sqft

Martin Farms

7427 Martin Farms Avenue NE, Otsego, MN, 55330
4  Bedrooms3  Bathrooms2,224  Square Feet0.301  Acres
Days on market9
Year built2012
Garage spaces3
HOA / month$76
TypeResidential
Est. $11,250buyer credit when you buy with SODL

About this home

**Multiple offers received, highest and best due March 15th at 6pm.** Overlooking a peaceful pond, this two-story home offers the layout today’s buyers are searching for — including four bedrooms on one level and space designed for both gathering and everyday living. The bright main level is anchored by a beautiful gas fireplace with tile surround, creating a warm focal point in the living room. The kitchen features a tiled backsplash, updated light fixtures, and an open flow into the dining and living areas that makes entertaining effortless. Fresh interior paint within the last 12 months gives the home a clean, updated feel throughout. Step outside to the spacious deck overlooking the water — an ideal setting for morning coffee, summer evenings, or simply enjoying the view. Upstairs, all four bedrooms are conveniently located on one level, including a generously sized primary suite with a private bath featuring double sinks, a separate tub and shower, and a massive walk-in closet. With flexible living space and room to grow, this home balances comfort, function, and scenic surroundings. Located in an association with access to a shared community pool, this property combines everyday convenience with peaceful pond views in one exceptional setting.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built2012
LevelsTwo
Living area2,224 sqft
Above-grade finished2,224 sqft
Below-grade finished0 sqft
Lot size0.301 acres (88x160x75x160)
Days on market9
ListedMar 6, 2026
MLS #NST7029343
CountyWright
SubdivisionMartin Farms
Parcel #118197019020

Facts & features

Interior

Bedrooms
4
Bathrooms
3
Bath breakdown
2 full / 1 half
Heating
Forced Air
Cooling
Central Air
Appliances
Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Property

Levels / stories
Two
Garage
3 spaces · 28x32 · 712 sqft
Parking features
Attached Garage, Asphalt, Electric Vehicle Charging Station(s), Garage Door Opener
Patio & porch
Deck
Pool
Below Ground, Heated, Outdoor, Shared
Fencing
Chain Link, Partial

Construction

Property type
Residential
Property subtype
Single Family
Foundation
1,100 sqft
Roof
Age Over 8 Years, Asphalt
Year built
2012

Utilities

Water
City Water/Connected
Sewer
City Sewer/Connected
Fuel
Natural Gas
Electric
200+ Amp Service

Community & HOA

Subdivision
Martin Farms
HOA
$76/month
HOA name
First Service Residential
HOA phone
9522772700
HOA includes
Other, Professional Mgmt, Sanitation, Shared Amenities
School district
Elk River

Financial & listing details

Annual tax
$4,738 (2026)
Listed
Mar 6, 2026
Days on market
9
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths2
3/4 baths0
Half baths1
1/4 baths0
BasementDaylight/Lookout Windows, Drain Tiled, Egress Window(s), Full, Sump Pump, Unfinished
HeatingForced Air
CoolingCentral Air
Fireplaces1
LaundryMain Level
AppliancesDishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
DiningInformal Dining Room, Kitchen/Dining Room
AmenitiesCeiling Fan(s), Deck, Kitchen Window, Primary Bedroom Walk-In Closet, Natural Woodwork, Paneled Doors, Porch, Security System, Washer/Dryer Hookup, Walk-In Closet
AccessibilityNone
Special features4 BR on One Level, Main Floor Laundry

Exterior & lot

RoofAge Over 8 Years, Asphalt
Foundation area1,100 sqft
Patio/porchDeck
Road frontageCity Street, Curbs, Paved Streets, Sidewalks
ZoningResidential-Single Family

Utilities

Water sourceCity Water/Connected
SewerCity Sewer/Connected
FuelNatural Gas

Parking & garage

ParkingAttached Garage, Asphalt, Electric Vehicle Charging Station(s), Garage Door Opener
Garage spaces3
Garage size712 sqft

Financial details

Annual taxes$4,738
Tax year2026
Taxes w/ assessments4738
Assessment pendingUnknown
HOA fee$76
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District number2241
District phone7632413400
High schoolElk River
SODL flat fee brokerage
$11,250Estimated buyer credit
SODL platform fee $3,000Your buyer credit $11,250

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

$3,125/mo
Principal & interest$2,496
Property taxes$395
Home insurance (est.)$158
HOA fees$76
%
$95,000
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

7427 Martin Farms Avenue NE, Otsego, MN, 55330

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Listing information

MLS #NST7029343
StatusPending
Last updatedApr 16, 2026, 2:35 PM
Originally listedMar 13, 2026, 12:00 AM
Listing officePemberton RE
Co-listing officePemberton RE

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.