$5 million
1X Marschall Road,Prior Lake, MN 55372
- 71.63
- acres
- Land and lot
- 71.63 acre lot
- No HOA listed
- $21,016/yr taxes
What's special
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.
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
| Date | Event | Price |
|---|---|---|
| 11/6/2026 | Listed for sale | $5 million |
Listed by: Edina Realty, Inc. (Yvonne Perkins)
Source: NorthstarMLS, MLS#: 7158662
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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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- Principal and interest
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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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Tour with a Huerkamp Home Group agent
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Neighborhood: Prior Lake
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.
Nearby homes for sale
$830,0001541 Belmont Avenue NW, Prior Lake, MN 55379MLS #7158229
Listing courtesy of Elevate Real Estate Group, LLC
$749,900XXX Marschall Road, Prior Lake, MN 55372MLS #6624399
Listing courtesy of Kubes Realty Inc
$1,250,00016299 Stemmer Ridge Road NW, Prior Lake, MN 55379MLS #7120526
Listing courtesy of Engel & Volkers Lake Minnetonka
$409,5002952 Center Road SW, Prior Lake, MN 55372MLS #7129832
Listing courtesy of eXp Realty
$497,00017368 Sunset Trail SW, Prior Lake, MN 55372MLS #7059942
Listing courtesy of Jane Vikse Real Estate
$725,0003129 Vale Circle SW, Prior Lake, MN 55372MLS #7154527
Listing courtesy of Edina Realty, Inc.
$1,900,00016565 Northwood Road NW, Prior Lake, MN 55372MLS #7160697
Listing courtesy of Real Broker, LLC
$499,90016280 Tahinka Court NW, Prior Lake, MN 55372MLS #7119404
Listing courtesy of RE/MAX Advantage Plus
$2,200,00016553 Northwood Road NW, Prior Lake, MN 55372MLS #7160648
Listing courtesy of Real Broker, LLC
$699,9003350 Malcom Court SW, Prior Lake, MN 55372MLS #7140281
Listing courtesy of RE/MAX Advantage Plus
Recently sold nearby
Homes within about half a mile that sold in the last 6 months, from NorthstarMLS. This home sale information is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
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