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  • $1,340,000

    28983 320th Avenue Way, Red Wing, MN 55066

    4beds
    5,643sqft
    Single Family
    Built in 2004
    12 Acres Lot
    $1,339,800 Zestimate®
    $237/sqft
    $5,653 Estimated rent

    Home value

    $1,339,800

    $1.27M - $1.41M

    $5,653/mo

    Zestimate® history
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    What's special

    Indoor poolSturdy hay loftChicken coopThree box stallsGranite countertopsMassive pantryAndersen windows
    Discover a rare blend of luxury living, high-utility infrastructure, and diverse income potential on a quiet dead-end road near Frontenac State Park. This premier 12-acre estate features a custom residence with an indoor pool and a massive 60x120 shop capable of supporting a heavy equipment business. Whether you utilize the existing feedlot permit or expand your footprint up to 86 total acres of tillable, pasture, and wooded land, this versatile property scales to your vision. This is an opportunity that is rarely seen on the market. Contract for Deed financing is available for qualified buyers. HOUSE + GARAGE + INDOOR POOL: Custom-built in 2005, this 4 bed 5 bath zero-entry home is a masterclass in durability and efficiency. The structure is protected by 60-year shingles, Andersen windows, and a sophisticated double drain tile system with integrated eave drainage. In-floor heating spans both levels, complemented by two masonry wood burning fireplaces that are capable of heating the entire home. The kitchen features a Wolf range, granite countertops, and a massive pantry for your storage needs. There are two bedrooms on the main level including a primary ensuite featuring a walk-in closet with attic storage, and an air jet tub in the primary bath. Both bedrooms have deck access. The main level office includes an in-floor safe and the attached 3 car garage includes a full loft above, offering flexible finished space. The lower level walk-out has two additional bedrooms, a family room, and a massive entertainment space complete with a wet bar. A standout feature of the home is the indoor pool complete with a Badu exercise jet, and a built-in sauna, creating a private year-round retreat. SHOP: The 60x120 shop is built on frost footings with 4-foot on-center rafters for maximum structural integrity. The 60x60 heated workspace features 2x6 insulated plywood walls, radiant heat, 200-amp service (220V outlets), a heavy-duty hoist, and loft storage. This professional-grade space includes its own bathroom and independent septic system. Floor drains lead to an explosion-proof trap and dedicated drain field, while the remaining 60x60 area provides high-capacity cold storage for large-scale equipment. LIVESTOCK FACILITIES: The agricultural infrastructure includes a remodeled barn featuring two additions with 4’ poured concrete walls and cement floors. It is fully equipped with three box stalls, a chicken coop, feed/tack rooms, and a sturdy hay loft. Complementing the barn is a 40x72 three-sided loafing shed. Both structures utilize steel roofing/siding and are supported by Ritchie automatic waterers and multiple hydrants. An active feedlot permit is in place to support immediate livestock operations. LAND & AGRICULTURAL POTENTIAL The base 12-acre homesite offers the option to expand up to 86 total acres. The acreage provides a diverse mix of productive tillable ground, wooded timber with excellent hunting, and approximately 30 acres of high-tensile fenced pasture. This turnkey setup creates immediate opportunities for grazing income, boarding revenue, or livestock production. Whether you're scaling a business, expanding an agricultural footprint, or seeking a recreational retreat, this estate delivers a level of opportunity and value rarely seen in this market.

    Zillow last checked:

    Listing updated:

    Listed by:

    Erika Blim 651-380-0151,

    Lakeshore Real Estate Krage &,

    Vicki Krage 651-380-8516

    Bought with:

    Tiffany Mundfrom

    Property Brokers of Minnesota

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7032196MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 3
    • 3/4 bathrooms: 1
    • 1/2 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 225 Square Feet
    • Dimensions: 15x15
    Bedroom 2
    • Level: Main
    • Area: 155.25 Square Feet
    • Dimensions: 13.5x11.5
    Bedroom 3
    • Level: Basement
    • Area: 165 Square Feet
    • Dimensions: 15x11
    Bedroom 4
    • Level: Basement
    • Area: 168 Square Feet
    • Dimensions: 14x12
    Primary bathroom
    • Level: Main
    • Area: 159.5 Square Feet
    • Dimensions: 14.5x11
    Other
    • Level: Basement
    • Area: 826.5 Square Feet
    • Dimensions: 19x43.5
    Dining room
    • Level: Main
    • Area: 181.25 Square Feet
    • Dimensions: 12.5x14.5
    Family room
    • Level: Basement
    • Area: 331.5 Square Feet
    • Dimensions: 17x19.5
    Foyer
    • Level: Main
    • Area: 76 Square Feet
    • Dimensions: 9.5x8
    Kitchen
    • Level: Main
    • Area: 296 Square Feet
    • Dimensions: 18.5x16
    Laundry
    • Level: Main
    • Area: 150 Square Feet
    • Dimensions: 12.5x12
    Living room
    • Level: Main
    • Area: 312 Square Feet
    • Dimensions: 16x19.5
    Office
    • Level: Main
    • Area: 94.5 Square Feet
    • Dimensions: 10.5x9
    Other
    • Level: Main
    • Area: 91 Square Feet
    • Dimensions: 7x13
    Recreation room
    • Level: Basement
    • Area: 1122.25 Square Feet
    • Dimensions: 33.5x33.5
    Sauna
    • Level: Basement
    • Area: 42.25 Square Feet
    • Dimensions: 6.5x6.5
    Walk in closet
    • Level: Main
    • Area: 77 Square Feet
    • Dimensions: 7.7x10
    Heating
    • Boiler, Fireplace(s), Heat Pump, In-Floor Heating, Outdoor Boiler, Zoned
    Cooling
    • Central Air, Heat Pump, Zoned
    Appliances
    • Included: Air-To-Air Exchanger, Double Oven, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Water Softener Owned
    • Laundry: Laundry Room, Main Level, Sink
    Features
    • Basement: Daylight,Drain Tiled,Drainage System,Finished,Full,Storage Space,Walk-Out Access
    • Number of fireplaces: 2
    • Fireplace features: Family Room, Fireplace Footings, Masonry, Living Room, Stone, Wood Burning
    Interior area
    • Total structure area: 6,066
    • Total interior livable area: 5,643 sqft
    • Finished area above ground: 3,330
    • Finished area below ground: 2,313

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Concrete, Electric, Floor Drain, Garage, Garage Door Opener, Gravel, Heated Garage, Insulated Garage, Storage
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Hallways 42"+, No Stairs External, Soaking Tub
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Composite Decking, Covered, Front Porch, Patio, Wrap Around
    • Has private pool: Yes
    • Pool features: In Ground, Heated, Indoor
    • Fencing: Electric,Wire
    Lot
    • Size: 12 Acres
    • Dimensions: 522720
    • Features: Suitable for Horses, Tree Coverage - Medium
    • Topography: Gently Rolling,Level,Pasture,Ravine,Scattered Timber,Walkout,Wooded
    Details
    • Additional structures: Barn(s), Lean-To, Loafing Shed, Shed(s), Arena, Workshop, Silo, Stable(s), Storage Shed
    • Foundation area: 2736
    • Parcel number: 320050200
    • Zoning description: Agriculture,Residential-Single Family
    • Other equipment: Fuel Tank - Owned
    • Horse amenities: Tack Room

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Concrete, Frame, ICFs (Insulated Concrete Forms)
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Electric: Circuit Breakers, 200+ Amp Service
    • Gas: Electric, Propane, Wood
    • Sewer: Private Sewer
    • Water: Private, Well

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Red Wing

    Financial & listing details

    • Price per square foot: $237/sqft
    • Tax assessed value: $1,360,500
    • Annual tax amount: $8,190
    • Date on market: 3/12/2026
    • Cumulative days on market: 499 days

    Price history

    DateEventPrice
    7/30/2026Sold$1,340,000-2.5%$237/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7032196 Report a problem
    6/30/2026Pending sale$1,375,000$244/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7032196 Report a problem
    3/12/2026Listed for sale$1,375,000-1.7%$244/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7032196 Report a problem
    11/2/2025Listing removed$1,399,000$248/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6704625 Report a problem
    4/16/2025Listed for sale$1,399,000-25.6%$248/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6704625 Report a problem
    4/4/2025Listing removed$1,879,900$333/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6552494 Report a problem
    10/7/2024Listed for sale$1,879,900$333/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6552494 Report a problem
    6/20/2024Pending sale$1,879,900$333/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6552494 Report a problem
    6/14/2024Listed for sale$1,879,900+7419.6%$333/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6552494 Report a problem
    8/14/2000Sold$25,000-87.2%$4/sqft
    Source: Public Record Report a problem
    7/12/1999Sold$195,000$35/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,190 -7.5%$1,360,500 +0.2%
    2024$8,856 +9.6%$1,358,300 +8.6%
    2023$8,078 +3.9%$1,250,400 +5.9%
    2022$7,778 +1.7%$1,180,400 +12.8%
    2021$7,648 +3.2%$1,046,600 -0.6%
    2020$7,412 $1,053,400 +2.3%
    2019$7,412 $1,029,900 -1.8%
    2018$7,412 +8.9%$1,048,600 +6.1%
    2017$6,804 +9.1%$988,300 +3.1%
    2016$6,238 $958,300 +1.4%
    2015$6,238 $945,200 -0.8%
    2014$6,238 +613.7%$952,800
    2001$874 --
    Find assessor info on the county website

    Neighborhood: 55066

    Nearby schools

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    Estimated market value
    $1,339,800
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    Estimated market value
    $1,339,800