Listed at
$1,775,000

Lot A Of Festler Sub

XXXX Division Street, Northfield, MN, 55057
11.7  Acres
Days on market188
TypeLand
Est. $50,250buyer credit when you buy with SODL
Interested?

Pick a date to request a showing

Cancel anytime, free.

About this home

Exceptional Development Opportunity in the Heart of Northfield This is a rare chance to acquire one of the last prime in-fill acreage properties within the Northfield city limits. Offering a beautiful blend of mature hardwood trees, wetlands, and seasonal wildlife, this site provides a unique natural setting while remaining centrally located and highly accessible. The property’s current N2-B zoning allows for a wide range of potential uses, making it well-suited for residential, mixed-use, or neighborhood commercial development. Possible concepts include apartment buildings, age-targeted or market-rate housing, townhome or villa-style residences, and select commercial or retail uses, subject to city approvals. Located on the south side of Northfield along Division Street, between Spring Creek and Bridgewater Elementary Schools and Northfield Middle School, with Northfield High School directly across the street. Zoning supports multiple residential and commercial options, allowing buyers to tailor a project that fits community needs and market demand. The City of Northfield may offer Tax Increment Financing (TIF) for qualifying developments, potentially enhancing project feasibility. Buyers should confirm details directly with the City. Seller financing is available, offering additional flexibility for qualified buyers.

Contact us

Home facts

Property typeLand
Lot size11.7 acres (557x920x556x920)
Days on market188
ListedMar 24, 2026
MLS #NST7042035
CountyRice
SubdivisionLot A Of Festler Sub
Parcel #2206351008

Facts & features

Interior

Bathrooms
0

Property

Fencing
None
Waterfront
Pond
Lot size
11.7 acres
Lot dimensions
557x920x556x920
Lot features
Public Transit (w/in 6 blks), Infill Lot, Tree Coverage - Medium, Underground Utilities
Road frontage
City Street

Construction

Property type
Land

Utilities

Utilities
Broadband Available, Electricity Available, Natural Gas Available, None Connected, Storm Sewer Available, Water Available

Community & HOA

Subdivision
Lot A Of Festler Sub
HOA
No HOA
School district
659 - Northfield
High school district
Northfield

Financial & listing details

Annual tax
$2,025 (2024)
Listed
Mar 24, 2026
Days on market
188
Inclusions
None

Interior details

Total bathrooms0

Exterior & lot

Lot featuresPublic Transit (w/in 6 blks), Infill Lot, Tree Coverage - Medium, Underground Utilities
Road frontageCity Street
Road responsibilityPublic Maintained Road
ZoningResidential-Multi-Family,Other

Utilities

Parking & garage

Financial details

Annual taxes$2,025
Tax year2024
Taxes w/ assessments2025
Assessment pendingNo
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District659 - Northfield
District number659
District phone5076630629
High schoolNorthfield
SODL flat fee brokerage
$50,250Estimated buyer credit
SODL platform fee $3,000Your buyer credit $50,250

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

$10,089/mo
Principal & interest$9,328
Property taxes$169
Home insurance (est.)$592
%
$355,000
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

XXXX Division Street, Northfield, MN, 55057

Comparable homes

Listing information

MLS #NST7042035
StatusActive
Last updatedMay 11, 2026, 4:33 PM
Originally listedMar 24, 2026, 11:49 AM
Listing officeKeller Williams Premier Realty Lake Minnetonka
Co-listing officeKeller Williams Premier Realty Lake Minnetonka

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.