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  • $810,000

    11723 124th St N, Hugo, MN 55038

    4beds
    3,120sqft
    Single Family
    Built in 1990
    14.44 Acres Lot
    $810,000 Zestimate®
    $260/sqft
    $4,357 Estimated rent

    Home value

    $810,000

    $770,000 - $859,000

    $4,357/mo

    Zestimate® history
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    What's special

    Rare opportunity to own 14 scenic acres in one of the east metro's most sought-after rural settings, just minutes from Big Marine Lake, Big Marine Park Reserve, Square Lake, and historic downtown Stillwater. Offering a unique combination of privacy, usable land, and existing infrastructure, this property is ideal for equestrian enthusiasts, hobby farmers, outdoor recreation lovers, or anyone seeking a peaceful country retreat with convenient access to nearby amenities. Originally developed and operated as a horse property, the land and infrastructure remain largely in place, providing an excellent opportunity for equestrian buyers while also offering incredible versatility for a wide range of uses. The level pastureland is well suited for horses, gardening, recreation, or future expansion. The existing barn features four box stalls, while the outdoor riding arena provides a solid foundation for those looking to bring horses back to the property. The barn and acreage also offer excellent space for equipment storage, workshops, recreational vehicles, boats, ATVs, and hobby farm pursuits. The spacious home offers 4 bedrooms and 5 bathrooms, including a private primary suite and a desirable main-level ensuite bedroom ideal for guests, multi-generational living, or convenient single-level living. The walkout lower level provides additional flexibility with space ready for a future wet bar, preparation for hot tub installation, and a dedicated workout room that could easily serve as a home office, studio, hobby room, or additional living area. Large windows throughout the home capture the surrounding landscape and fill the living spaces with natural light. Properties like this are increasingly difficult to find. Whether you're looking for a horse property, hobby farm, recreational retreat, or simply a private place to enjoy country living near Stillwater, this exceptional acreage offers the land, infrastructure, and setting to bring your vision to life.

    Zillow last checked:

    Listing updated:

    Listed by:

    David Reed 651-230-0251,

    RE/MAX Results,

    Molly Dandelet 651-788-6592

    Bought with:

    Paula Yang

    Partners Realty Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7083651MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 3
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Upper
    • Area: 299 Square Feet
    • Dimensions: 23 x 13
    Bedroom 2
    • Level: Upper
    • Area: 156 Square Feet
    • Dimensions: 13 x 12
    Bedroom 3
    • Level: Upper
    • Area: 172.5 Square Feet
    • Dimensions: 15 x 11.5
    Bedroom 4
    • Level: Main
    • Area: 138 Square Feet
    • Dimensions: 12 x 11.5
    Other
    • Level: Lower
    • Area: 201.5 Square Feet
    • Dimensions: 15.5 x 13
    Dining room
    • Level: Main
    • Area: 126.5 Square Feet
    • Dimensions: 11.5 x 11
    Exercise room
    • Level: Lower
    • Area: 187.5 Square Feet
    • Dimensions: 15 x 12.5
    Family room
    • Level: Lower
    • Area: 323 Square Feet
    • Dimensions: 19 x 17
    Kitchen
    • Level: Main
    • Area: 137.5 Square Feet
    • Dimensions: 12.5 x 11
    Living room
    • Level: Main
    • Area: 372 Square Feet
    • Dimensions: 24 x 15.5
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Range, Refrigerator, Stainless Steel Appliance(s)
    • Laundry: In Basement
    Features
    • Basement: Block,Egress Window(s),Finished,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Gas, Wood Burning
    Interior area
    • Total structure area: 3,418
    • Total interior livable area: 3,120 sqft
    • Finished area above ground: 2,186
    • Finished area below ground: 934

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached
    • Attached garage spaces: 3
    • Details: Garage Dimensions (26 x 39), Garage Door Height (8), Garage Door Width (9)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio
    • Pool features: None
    • Fencing: Chain Link
    Lot
    • Size: 14.44 Acres
    • Features: Suitable for Horses, Tillable, Tree Coverage - Light
    • Topography: Pasture
    Details
    • Additional structures: Barn(s), Pole Building, Stable(s)
    • Foundation area: 1232
    • Parcel number: 3203120310005
    • Zoning description: Agriculture

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Roof: Age 8 Years or Less,Asphalt
    Condition
    • New construction: No
    • Year built: 1990

    Utilities & green energy

    • Electric: Circuit Breakers, Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: Septic System Compliant - Yes, Tank with Drainage Field
    • Water: Private, Well

    Community & HOA

    Community
    • Subdivision: Manning Highlands
    HOA
    • Has HOA: No
    Location
    • Region: Hugo

    Financial & listing details

    • Price per square foot: $260/sqft
    • Tax assessed value: $719,700
    • Annual tax amount: $4,392
    • Date on market: 5/30/2026
    • Cumulative days on market: 6 days
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/2/2026Sold$810,000+11%$260/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7083651 Report a problem
    6/10/2026Pending sale$729,900$234/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7083651 Report a problem
    6/4/2026Listed for sale$729,900+53.3%$234/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7083651 Report a problem
    7/22/2019Sold$476,251+19.1%$153/sqft
    Source: Public Record Report a problem
    3/20/2002Sold$400,000$128/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,434 +6.8%$719,700 -0.5%
    2024$4,150 +12.7%$723,500 +6.7%
    2023$3,682 +3.5%$677,800 +22.8%
    2022$3,558 +8.9%$551,900 -0.1%
    2021$3,268 -7.1%$552,200 +0.6%
    2020$3,516 $548,800
    2019$3,516 $548,800 +9%
    2018$3,516 $503,500 +2.4%
    2017$3,516 +2.3%$491,600 +6.2%
    2016$3,436 -1.3%$463,100 -4.9%
    2015$3,482 $487,000 +14.3%
    2013$3,482 +5.5%$425,900 +0.8%
    2012$3,300 $422,700 -8.1%
    2011$3,300 +9.3%$460,000 -6.2%
    2010$3,018 -22.7%$490,200
    2006$3,902 --
    Find assessor info on the county website

    Neighborhood: 55038

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $810,000
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    Estimated market value
    $810,000