Elko New Market, MN 55020
Price: $1,500,000
Welcome to a beautifully designed hobby farm opportunity in Elko New Market, offering space, functionality, and modern comfort on nearly 10 acres of usable land. Built in 2018, this custom rambler provides over 4,000 finished square feet with 4 bedrooms, 4 bathrooms, and a thoughtfully designed open-concept layout. The main level features spacious living areas filled with natural light, oversized windows, and seamless flow between the kitchen, dining, and living spaces. Double doors off the main living area open to a maintenance-free deck, creating an easy transition to outdoor living while taking in peaceful countryside views. The kitchen includes a large center island, walk-in pantry, and abundant cabinetry—ideal for everyday living and entertaining. The main-level primary suite offers a private bath, walk-in closet, and convenient access to the laundry room. A dedicated office/study provides flexibility for remote work or additional living space. The finished walkout lower level expands your living options with three additional bedrooms, including a Jack and Jill full bathroom, an additional ¾ bath, and generous open space for a family room, recreation area, or home gym. Designed with hobby farm and equestrian use in mind, the property includes three fenced pastures, water lines servicing the paddocks, and two lean-to shelters. A 42’ x 48’ pole building offers excellent potential for a future barn setup with space planned for 12’ stalls and a center aisle. Power and water are roughed in nearby, providing a strong foundation for future improvements. The front paddock features packed Class 5 footing, and pastures are seeded with a quality pasture mix. The heated 3-car garage adds functionality with a double bay depth of approximately 23’ and an extended third stall at 26’ deep, complete with a floor drain and utility sink. This property offers a rare combination of newer construction, acreage, scenic views, and infrastructure already in place—ideal for those seeking a hobby farm, equestrian property, or additional space with room to grow.
Basic Features:
| Style | Single Family |
|---|---|
| Type | Residential |
| Zoning | Residential-Single Family |
| Year Built | 2018 |
| School District | New Prague Area Schools |
| County | Scott |
| Lot Size | 1296x327x1294x327 |
| Acreage | 9.75 acres |
| Bedrooms | 4 |
| Total Baths | 4 |
| Garage | 3 Car |
| Lot Description | Suitable for Horses |
| Above Grade | 2,165 sq ft |
| Below Grade | 2,000 sq ft |
| Tax $ / Year | $6,404 / 2025 |
| Tax ID | |
| Legal Description |
Includes:
Cooktop,Dishwasher,Dryer,Exhaust Fan,Gas Water Heater,Water Filtration System,Microwave,Refrigerator,Stainless Steel Appliances,Wall Oven,Washer,Water Softener Rented
| Rooms | Size | Level |
|---|---|---|
| Bedroom | 15x16 | M |
| Bedroom 2 | 16x12 | M |
| Bedroom 3 | 14x13 | M |
| Bedroom 4 | 14x13 | L |
| Deck | M | |
| Dining Room | 10x17 | M |
| Family Room | 23x20 | L |
| Foyer | 14x8 | M |
| Kitchen | 17x17 | M |
| Living Room | 21x17 | M |
| Pantry (Walk-In) | 11x6 | M |
| Porch | M | |
| Study | 14x12 | M |
| Walk-In Closet | 15x8 | M |
| Government Programs | |
|---|---|
| Terrain Type | |
| Roads | City Street |
| Baths | 3/4 Basement,Full Primary,Full Jack & Jill,Private Primary,Main Floor 1/2 Bath,Main Floor Full Bath |
| Basement | Daylight/Lookout Windows,Drain Tiled,Finished,Concrete,Sump Pump,Walkout |
| Cooling | Central Air |
| Driveway | |
| Electric | Circuit Breakers |
| Exterior Features | Engineered Wood |
| Fireplace | Family Room,Gas,Living Room |
| Foundation | 2165.00 |
| Fuel Source | Natural Gas |
| Handicap Access | Doors 36"+ |
| Heating | Forced Air |
| Other Buildings | Lean-To,Pole Building |
| Pool | None |
| Roof | Age 8 Years or Less |
| Sewer Service | Mound Septic |
| Water Service | Well |
| Water Heater | |
| Parking Lot | Attached Garage,Gravel,Asphalt,Finished Garage,Heated Garage,Insulated Garage |
| Exterior Construction | |
| Fencing | Electric,Wood |
| Laundry | L |