2331 Budd Street, Independence, MN 55359
Local realty services provided by:Better Homes and Gardens Real Estate Advantage One
2331 Budd Street,Independence, MN 55359
$4,995,000
- 12.09 Acres
- Lots / Land
- Active
Listed by: nick leyendecker
Office: leyendecker realty
MLS#:7135757
Source:ND_FMAAR
Price summary
- Price:$4,995,000
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
- Listing ID #:7135757
- Added:5 day(s) ago
- Updated:September 24, 2026 at 03:53 PM
Structure and exterior
- Lot area:12.09 Acres
Finances and disclosures
- Price:$4,995,000
- Tax amount:$12,413
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