For Sale: Elko New Market MLS# 7028042
Active
$1,500,000
Single Family: 1 Story
4 br • 4 ba • Built 2018
4,165 sqft • 9.75 acres
MLS# 7028042
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Property Description
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.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,500,000
Price per sq ft:
$360
Property Type:
Single Family
City:
Elko New Market
Garage Spaces:
3
County:
Scott
Year Built:
2018
State:
MN
Property Style:
1 Story
Zip Code:
55020
Subdivision Name:
Schalwig 1st Add
Interior
Bedrooms:
4
Bathrooms:
4
Finished Area:
4,165 ft2
Total Fireplaces:
2
Living Area:
4,165 ft2
Common Wall:
No
Appliances Included:
- Cooktop
- Dishwasher
- Dryer
- Exhaust Fan
- Gas Water Heater
- Microwave
- Refrigerator
- Stainless Steel Appliances
- Wall Oven
- Washer
- Water Filtration System
- Water Softener Rented
Fireplace Details:
- Family Room
- Gas
- Living Room
Basement Details:
- Concrete
- Daylight/Lookout Windows
- Drain Tiled
- Finished
- Sump Pump
- Walkout
Exterior
Stories:
One
Garage Spaces:
3
Garage Size:
845 ft2
Air Conditioning:
Central Air
Foundation Size:
2,165 ft2
Fencing:
Electric, Wood
Handicap Accessible:
Doors 36"+
Out Buildings:
Lean-To, Pole Building
Road Responsibility:
Public Maintained Road
Heating System:
Forced Air
Parking Features:
- Asphalt
- Attached Garage
- Finished Garage
- Gravel
- Heated Garage
- Insulated Garage
Unit Amenities:
- Ceiling Fan(s)
- Deck
- In-Ground Sprinkler
- Kitchen Center Island
- Kitchen Window
- Main Floor Primary Bedroom
- Panoramic View
- Porch
- Primary Bedroom Walk-In Closet
- Vaulted Ceiling(s)
- Washer/Dryer Hookup
- Wet Bar
Road Frontage:
City Street
Exterior Material:
Concrete
Pool:
None
Roof Details:
Age 8 Years or Less
Rooms
1/4 Baths:
None
Full Baths:
2
Half Baths:
1
3/4 Baths:
1
Bathroom Details:
- 3/4 Basement
- Full Jack & Jill
- Full Primary
- Main Floor 1/2 Bath
- Main Floor Full Bath
- Private Primary
Dining/Kitchen:
- Breakfast Bar
- Kitchen/Dining Room
Laundry:
- Laundry Room
- Main Level
| Main Level | Size | Sq Ft |
|---|---|---|
| Deck | — | — |
| Dining Room | 10 x 16.5 | 160 |
| Bedroom | 14.5 x 16 | 224 |
| Foyer | 14 x 8 | 112 |
| Kitchen | 16.5 x 16.5 | 256 |
| Living Room | 21 x 17 | 357 |
| Pantry (Walk-In) | 10.5 x 5.5 | 50 |
| Porch | — | — |
| Bedroom 2 | 16 x 12 | 192 |
| Study | 14 x 11.5 | 154 |
| Bedroom 3 | 14 x 13 | 182 |
| Walk-In Closet | 15 x 8 | 120 |
| Lower Level | Size | Sq Ft |
|---|---|---|
| Family Room | 23 x 20 | 460 |
| Bedroom 4 | 14 x 13 | 182 |
Lot & Land
Acres:
9.75
Geolocation:
44.589437, -93.367044
Lot Dimensions:
1296 x 327 x 1294 x 327
Zoning:
Residential-Single Family
Lot Description:
Suitable for Horses
Farm
Farm Type:
Hobby, Horse
Agricultural Water:
Well
Crop Type:
None
Topography:
Gently Rolling
Schools
School District:
2237
District Phone:
9527581700
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$6,404
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$6,404
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Natural Gas
Sewer System:
Mound Septic
Water System:
Well
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Exit Realty Nexus.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.