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Active
$995,000
/mo Edit
Lot/Land:  Lot/Land
22.89 acres
MLS# 7008611
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    Property Description

    Prime development opportunity for a proposed 40-unit townhome project meeting strong demand for affordable housing. The site is zoned R-4 High-Density Residential and features scenic Wallmark Lake wetlands views, providing privacy and natural surroundings. This 22-acre property includes approximately 7 buildable acres above the ordinary high-water level of Wallmark Lake. The site is suitable for apartments, senior housing, assisted living or row style townhomes. Located in Chisago City's commercial district the property is within one mile of 100+ businesses and offers walkable access to restaurants, grocery stores, retail, parks, and trails. The Swedish Immigrant Trail is located directly across the street. Chisago City is just 35 minutes north of the Twin Cities. All utilities are available in the street.

    Listing

    Contingency: None
    City: Chisago City
    County: Chisago
    State: MN
    Property Style: Lot/Land
    Zip Code: 55013
    Subdivision Name: Nature View Homes

    Lake & Waterfront

    Waterfront View: Lake
    Elev Highpt to WF feet: 10-15
    Waterfront: Lake View
    Lake Bottom: Wetland

    Lot & Land

    Acres: 22.89
    Geolocation: 45.3800779244, -92.8776030714
    Inclusions: Survey
    Lot Dimensions: Irrefulae
    Restrictions: Open
    Zoning: Residential-Multi-Family
    Lot Description: Tree Coverage - Medium

    Farm

    Topography: Sloped, Walkout, Wooded

    Schools

    School District: 1048
    District Phone: 6512132096

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $2,402
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $2,402
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Development Status: Raw Land
    Improvements: Paved Streets, Public Road
    Available Utilities:
    • None Connected
    • Phone Available
    • Sewer Available
    • Water Available

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.