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Milaca Development Opportunity

xxx Boulder Ridge, Milaca, Minnesota 56353 - Mille Lacs County
$159,000 43.20 Acres
Property ID 2556268

Description

This development has been platted for phase I. Of this plat 1, 1 quad lot, and 3 twin lots are completed and can be built on immediately. 4 quad lots and 6 twin lots are partially developed and are part of the First Addition. These lots are part of a home owners association. The balance of the land (phase 2) has been proposed and would contain 28 single family lots. The lift station is in place for the city sewer, which would handle the entire project as planned. If building plans are submitted by December 31, 2015 the city water and sewer hook-up fees would be $1,000 for water and $1,500 for sewer. Beginning January 1, 2016 those fees will increase to $2,300 for water and $3,000 for sewer. The road to this property is narrower than a traditional city street, therefor not as much base or bituminous is needed.

This offering has great potential for the astute investor. This development is close to Hwy 169; an easy access for commuters to the Twin Cities metro area. Milaca is a great place to call home for someone who wants to be in a small town, but still be close to the city; only hours from St. Cloud or Elk River. For people who like to be outdoors, Milaca has one of the finest mountain bike trail system in the state. The city also maintains 4 municipal parks with 2 on the Rum River. The river is home to a wide variety of wildlife and activities around it are becoming more popular. A lush 18-hole public golf course is set along the rolling terrain of the Rum River and affords both beauty and challenge. Mille Lacs Lake, in the northern part of the county, contains many resorts and offers excellent fishing and water sports.

Property Information

Taxes: $3376 for 2015

Acreage: 43.2

Nearest City: Milaca, in town

Distance to Minneapolis: 68 Miles

MLS # 4600698

Directions

Hwy 169 north to Hwy 23 east, north on 110th Ave, east on 9th St. NE, south on 11th Ave NE

Land

Lot Description
Subdivision

Street/Utilities
Asphalt
City Sewer
City Water
Curbs

Present Use
Planned Unit Development
Residential Multi-Family
Residential Single

Proposed Use
Residential Multi-Family
Residential Single

Tax Data (Show Tax Data)

Other Land for Sale in Mille Lacs County

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