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  • $698,000

    50817 203rd Ave, Pine Island, MN 55963

    --beds
    --baths
    46.03Acres
    Unimproved Land
    Built in ----
    46.03 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    ±46 acres just outside Pine Island, MN, less than half a mile from US-52 on the Rochester–Twin Cities corridor. This Goodhue County agricultural property comes with 2022 improvements ready to put to work: a 40x130 steel utility building 18 foot sidewalls, a walk in cooler, washing station, oversized doors for very large equipment storage. Two 30x100 hoop houses/greenhouses, setting tables, a 12x12 shed, electric services for buildings and 2nd service, and a 500-foot well drilled in 2022. The open acreage is well suited to vegetable and specialty crop production, with a 83.62 Crop productivity rating, greenhouse growing, equipment storage, or a hobby farm. Zoned agricultural, with in City Limits of the City of Pine Island, in the Pine Island School District, with no house or septic. Quick highway access makes it easy to reach Rochester, Zumbrota and the Twin Cities. Seller open to split options and also could be a home buildable site.
    6 days
    197
    10

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Jen Busch 507-923-7657,

    Midwest Home and Farm Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7169076MLS Logo

      Facts & features

      Interior

      Features
      • Has basement: No
      Video & virtual tour

      Property

      Lot
      • Size: 46.03 Acres
      • Dimensions: 1200 x 1892
      • Features: Tillable
      • Topography: Level
      Details
      • Additional structures: Greenhouse, Pole Building, Storage Shed
      • Additional parcels included: 687000011,687000110
      • Parcel number: 687000010
      • Zoning description: Agriculture

      Utilities & green energy

      • Utilities for property: Electricity Available, Electricity Connected, Private Well Available, Private Well Connected

      Community & HOA

      Community
      • Features: No
      HOA
      • Has HOA: No
      Location
      • Region: Pine Island

      Financial & listing details

      • Tax assessed value: $191,200
      • Annual tax amount: $8,730
      • Date on market: 11/5/2026
      • Inclusions: Other
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,240/mo

        Price history

        DateEventPrice
        11/5/2026Listed for sale$698,000+411.8%
        Source: NorthstarMLS as distributed by MLS GRID #7169076 Report a problem
        11/16/2005Sold$136,378
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$2,574 +2.1%$191,200 +0.8%
        2025$2,520 -0.4%$189,600 +0.6%
        2024$2,531 +150.1%$188,500 +10.1%
        2023$1,012 -8.2%$171,200 +131.4%
        2022$1,102 +3.4%$74,000 +2.6%
        2021$1,066 -1.5%$72,100 -1%
        2020$1,082 $72,800
        2019$1,082 $72,800 -1.5%
        2018$1,082 -2.7%$73,900 +2.2%
        2017$1,112 -6.2%$72,300 -0.1%
        2016$1,186 $72,400 -0.7%
        2015$1,186 $72,900 -0.8%
        2014$1,186 $73,500
        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 55963

        Getting around

        4 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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