About This Home

This land at 2331 Budd Street in Independence, MN is listed for $4,995,000 (12.09 acres).

Key Features

  • Built in 1900
  • 12.09 acre lot

Property Details

1900
Listing Description

Last traded in the 1940s, this is a generational opportunity to own one of the few remaining, subdividable, lakefront, acreage estates on recreational water, within the Twin Cities Metro. At this serene site, it feels like you're hours outside of a city center, yet you're only 15 minutes from the 494 loop, set within the award winning, Orono School District.

Carve out your dream on a property that has no covenants, restrictions, or HOAs. The property features 12+ acres, 600+' of frontage on Lake Independence, and ideal topography with significant, flat, usable land at the lake grade which extends in approximately 100' before the hill takes you up to higher ground where the potential build configurations and combinations are endless.

Subdivide and sell, create a family compound, start your family farm, or imagine an equestrian estate, residence, and lakefront cabin all-in-one. This property can be split in half creating two, approximately 6 acre lots, each with 300' of lake frontage, without a variance. City sewer and water is currently just south of Pagenkopf. If and when it extends to Pagenkopf, the dynamics related to minimum lot size would change (see the Bridgevine development just east of the subject).

Location

2331 Budd Street

Independence, MN 55359

Questions & Answers

This 0-bedroom, 0-bathroom land at 2331 Budd Street is listed at $4,995,000. The estimated monthly payment is $26,714 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 12.09 acre lot.

This property is listed by Nick Leyendecker and can be reached at (952) 388-0033.

NL

Nick Leyendecker

Agent at Leyendecker Realty

(952) 388-0033
Agent website

Listed by Leyendecker Realty · Broker phone: (952) 388-0033 · View on Broker Site · Broker website

MLS# 7135757· Source: Northstar MLS· 4 days on PropertySimple

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2331 Budd Street, Independence, MN 55359

Open this listing in: