10998 Point Douglas Drive SHastings, MN 55033
$6.859 million
210.5 acre lot
About this home
Attention investors, developers, and estate planners: a truly rare opportunity awaits with 210.5 +/- acres of prime land located within the City of Cottage Grove, Minnesota. Featuring direct frontage and access to Highway 61, this exceptional property is currently zoned Agricultural, with a transitional designation in the city’s Comprehensive Plan, signaling strong future development potential. Presently operating as a productive farming enterprise, the land includes irrigation wells, power infrastructure, and valuable oak timber poised for future harvest and sale. The property also holds potential gravel deposits, adding another layer of long-term value. The scenic, park-like setting includes two well-maintained homes, several outbuildings, pasture, and fencing—ideal for continued agricultural use or as an estate property. Large-scale power access along lot lines and nearby power stations enhance the site’s utility for future commercial or residential development. Enjoy the benefit of Agricultural Preservation tax advantages while holding the land for future appreciation, just minutes from the Twin Cities Metro Area. With few large parcels remaining this close to urban amenities and with direct access to a major highway, this farm stands out as a blank slate with endless potential for visionaries looking to shape the next phase of growth in the region.
Home facts
- Home type
- Land and lot
- Style
- Other
- Lot
- 210.5 acres
- Property taxes
- $8,650 a year
- Listed
- August 5, 2026
- MLS number
- 7122239
Listing courtesy of LandProz Real Estate, LLC (Brian Haugen). MLS #7122239.
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How it compares
10998 Point Douglas Drive S, Hastings, MN 55033 is a lot, listed for $6.859 million on August 5, 2026 by LandProz Real Estate, LLC. That is in the upper quarter of the 11 land and lots for sale in Cottage Grove right now (median $239,900).
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Cottage Grove community guideSchools, commutes, parks, home values and local stories.
- Cottage Grove housing market, September 2026Homes sold for a median $405,000 over 12 months (+1.3%), 44 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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