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TBD Mt. Carmel Rd, Red Wing, MN 55089

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For Sale

$399,000

40 acres

Estimated Payment

$      /mo. †

APR for 30 years

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  • Other Residential
    Property type

  • 40 acres
    Lot size

Explore this Property

Located north Red Wing, MN sits this 40-acre gem ready to fulfill your rural dreams. This property has incredible views, and opportunity for multiple locations for rural home building sites. Given the location of this property, enjoy easy access to Red Wing, the South Metro, and Rochester. This property is balanced with 20 acres of prime farmland with a high CPI of 74.5, leasing at $225 per acre. The timber on this tract consists of 20 acres connected to a large valley and has 2 incredible draws to hold deer and turkeys all year round. This property is in the Intense Hunting Zone, and has been well-managed for both farming and hunting. While this is a peaceful escape, you're close to Treasure Island Casino & Marina, Welch Village Ski and Snowboard,Cannon Valley Trail, Cannon River, Pool 4 of the Mississippi River for you fisherman or boating enthusiast, shopping, restaurants, and an easy Metro or Rochester commute. The bluff views are unmatched, with elevations reaching up to 380 ft. above the Mississippi River to the East, 367 ft. above the Cannon River to the South, and 290 ft. above Hwy. 61 to the West. Seize the chance to own a piece of the beautiful Mississippi bluff area. Whether for your dream home or a savvy investment, this property offers endless opportunities. Don't miss out! Flexible Terms: Accessible contract-for-deed options with rates well below standard bank rates make this property an attractive investment. Also, sellers will pay for the cost of surveying this 40 acre property. Property Address: TBD Mt. Carmel Rd Red Wing, MN 55089 Property Features: -Buildable -Excellent Hunting -Beautiful Views -Good Timber Quality -Excellent Location -Close to Treasure Island Resort and Casino -Near Welch Village Ski and Snowboard Area -High Quality 74.5 CPI on Tillable Acres
MLS# 11218196

Courtesy Of High Point Realty & Auction

(507) 218-1243

Property Features

  • Architecture Style
    Other
  • Lot Size
    40 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to TBD Mt. Carmel Rd, Red Wing, MN 55089

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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