Description
Conveniently located just off Highway 55, this expansive 37.22-acre property features open, gently rolling terrain and offers a rare combination of space, privacy, and long-term potential. Portions of the land are currently leased at $225 per acre, totaling 17.82 leased acres. With several recent major sales nearby, the area shows strong indicators for future value, making this an ideal opportunity to establish a homestead while maintaining flexibility for future use. The prior homestead has been removed, and any new construction would require new well and septic approvals. Additional property and development information is available in the supplements. Situated in the Urban Reserve of Corcoran, the property offers multiple future-use pathways. It may be eligible for subdivision through Hennepin County’s Cluster Option and Open Space & Preservation (OS&P) framework, which allows clustered residential lots while preserving significant open space, subject to city and county approvals. Alternatively, the property offers an excellent opportunity for a private estate or, through plat approval, a multi-generational family compound created by subdividing into up to four single-family homesites. Corcoran spans nearly 36 square milescomparable in size to Maple Grove or Plymouthand is located along the western edge of Hennepin County. Despite steady growth, the city retains a charming rural character, blending residential neighborhoods, rural homesteads, and active farms. Home to approximately 5,500 residents, Corcoran also provides convenient access to Hennepin County’s extensive park system, with over 27,000 acres of parks and trails.
Details
| MLS # | 7015396 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 201 |
| Listing Provided By | RE/MAX Advantage Plus | Samantha Mushitz |
Features
| Zoning | Other |
|---|---|
| Acreage | 37.22 |
Exterior
| Lot Features | Green Acres, Irregular Lot, Tree Coverage - Medium |
|---|
Utilities
| Utilities | None Available, None Connected |
|---|
Taxes
| Property | 991 |
|---|
Area Information
| State | MN |
|---|---|
| County | Hennepin |
| City | Hamel |
| Zip Code | 55340 |
| School District | 883 |
| High School | Rockford |
| Listing VS Median (in 55340) | |
Price: $1,100,000 low | high Med: $819,900 On site: 201 low | high Med: 55 | |
Market Activity 55340
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Listings courtesy of Northstar MLS as distributed by MLS GRID.
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Learn More About This Property
| State | MN |
|---|---|
| County | Hennepin |
| City | Hamel |
| Zip Code | 55340 |
| School District | 883 |
| High School | Rockford |
| Listing VS Median (in 55340) | |
Price: $1,100,000 low | high Med: $819,900 On site: 201 low | high Med: 55 | |
 | $1,350,0006221 Willow DriveCorcoran, MN 55340 |