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$5 million

1X Marschall Road,Prior Lake, MN 55372

71.63
acres

Est.: $28,849/mo

  • Land and lot
  • 71.63 acre lot
  • No HOA listed
  • $21,016/yr taxes

What's special

  • Lakefront

Exceptional 70+ Acre Development Opportunity on Spring Lake. Rarely does a development site of this size and quality become available in the highly desirable Prior Lake market. Encompassing more than 70 acres with frontage on beautiful Spring Lake, this premier property is currently zoned for Planned Unit Development (PUD), providing flexibility for a wide range of residential and mixed-use development concepts. Positioned in none of the Twin Cities' most sought-after growth corridors, the property offers an outstanding combination of natural amenities and urban accessibility. Future residents will enjoy walking-distance access to Spring Lake Regional Park. The park is approximately 373 acres and includes shoreline on both Spring Lake and Prior Lake. The regional park system, including miles of trails, recreational opportunities, and scenic outdoor spaces. The lakefront setting creates the potential for a distinctive community that blends natural beauty with modern living. Strategically located with convenient access to major transportation routes, the site provides efficient connectivity to employment centers, retail destinations, schools, and the greater Minneapolis-St. Paul metropolitan area. The combination of scale, entitlement potential, recreational amenities, and transportation access makes this an exceptional opportunity for developers, builders, and investors seeking a signature project in a thriving market. Highlights: - 70+ acres of prime development land - Frontage on scenic Spring Lake - Zoned for Planned Unit Development (PUD) - Walking distance to regional park and trail systems - Strong demographics and continued area growth - Excellent access to major transportation corridors - Potential for a variety of residential and mixed-use concepts - Rare large-scale development tract in the Prior Lake market A unique opportunity to create a landmark community in one of Minnesota's most desirable lake-oriented destinations.

3 days on the marketListed 11/6/2026Listing data updated November 10, 2026 at 8:50 AM

Facts & features

Property

  • Home type: Land and lot
  • Style: Other
  • Lot size: 71.63 acres
  • Waterfront: Yes

Community & HOA

  • City: Prior Lake, MN 55372
  • Association fee: None listed

Financial & listing details

  • Annual tax amount: $21,016
  • Date on market: 11/6/2026
  • MLS number: 7158662

Price history

DateEventPrice
11/6/2026Listed for sale$5 million
Broker Reciprocity

Listed by: Edina Realty, Inc. (Yvonne Perkins)

Source: NorthstarMLS, MLS#: 7158662

© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

Keller Williams Preferred Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Keller Williams Preferred Realty, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed.

Broker ReciprocityThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Keller Williams Preferred Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

Keller Williams Preferred Realty participates in Regional MLS’s Broker Reciprocity℠ program, allowing us to display other brokers’ listings on our site. However, Keller Williams Preferred Realty displays only listings located in the Minnesota communities covered on this website. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Listing data last updated November 10, 2026 at 8:50 AM (Central). Use of listing data is subject to the license agreement. Open House information is subject to change without warning.

Market value

1X Marschall Road, Prior Lake, MN 55372 is a lot, listed for $5 million on November 6, 2026 by Edina Realty, Inc.. That is in the middle range of the 11 land and lots for sale in Prior Lake right now (median $1,725,000).

Across Prior Lake, homes sold for a median $500,000 in the 12 months through September 2026 (+2.3% from the year before), after 62 days on the market. See the Prior Lake market.

Sources: Huerkamp Home Group, from the active listings in our communities on November 10, 2026 at 8:50 AM (Central); Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.

Payment calculator

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Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.18% on November 5, 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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Day

Neighborhood: Prior Lake

Travel times

See the drive to work, school or anywhere you go often.

What's nearby

0/100

Car-dependent

Everyday walkability for 1X Marschall Road. Most errands from here are a drive.

  • Grocery storeLunds & Byerlys, 3.1 minone within a 15-minute walk
  • RestaurantsClosest 2.3 mi awaynone within a 15-minute walk
  • Coffee shopDakotah! Recharge, 1.8 minone within a 15-minute walk
  • PharmacySMSC Pharmacy, 2.5 minone within a 15-minute walk
  • Park, trail or beachRaymond Avenue Park, 0.9 minone within a 15-minute walk
  • Bus or train stopMystic Lake Casino (routes MVTA 447, MVTA 495), 2.4 minone within a 15-minute walk
  • LibraryPrior Lake Library, 3.4 minone within a 15-minute walk
  • Gym or rec centerDakotah Sport and Fitness, 1.8 minone within a 15-minute walk
  • Diners, Drive-Ins and DivesAndale Taqueria y Mercado, 15 miThe closest restaurant featured on Food Network's show that's still open (we're not affiliated with the show). See every Twin Cities spot

Getting around

  • MSP Airport19 mi to Terminal 1Drive times to the airport from every community
  • Sports venues
    • Target Center (Timberwolves and Lynx), 22 mi
    • Target Field (Twins), 22 mi
    • U.S. Bank Stadium (Vikings), 22 mi
    • Huntington Bank Stadium (Gophers football), 23 mi
    • Allianz Field (Minnesota United), 24 mi
    • Grand Casino Arena (Wild), 26 mi
    • CHS Field (St. Paul Saints), 26 mi

Straight-line distances from the home; a 15-minute walk is taken as 0.6 miles in a straight line (about ¾ mile on streets). The score adds points for each kind of everyday place within that walk: grocery 25, restaurants 15, parks 15, transit 15, coffee 10, pharmacy 10, library 5, gym 5. Places: Overture Maps Foundation places, release 2026-10-21.0 (overturemaps.org); transit: Metro Transit and MVTA GTFS schedule data (metrotransit.org, mvta.com). Businesses open and close, so check before you count on one.

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