10998 Point Douglas Dr S Cottage Grove, MN 55033
Property details
About 10998 Point Douglas Dr S
Attention investors, developers, and estate planners: a truly rare opportunity awaits with 210.5 +/- acres of prime land located within the City of Cottage Grove, Minnesota. Featuring direct frontage and access to Highway 61, this exceptional property is currently zoned Agricultural, with a transitional designation in the city’s Comprehensive Plan, signaling strong future development potential. Presently operating as a productive farming enterprise, the land includes irrigation wells, power infrastructure, and valuable oak timber poised for future harvest and sale. The property also holds potential gravel deposits, adding another layer of long-term value. The scenic, park-like setting includes two well-maintained homes, several outbuildings, pasture, and fencing—ideal for continued agricultural use or as an estate property. Large-scale power access along lot lines and nearby power stations enhance the site’s utility for future commercial or residential development. Enjoy the benefit of Agricultural Preservation tax advantages while holding the land for future appreciation, just minutes from the Twin Cities Metro Area. With few large parcels remaining this close to urban amenities and with direct access to a major highway, this farm stands out as a blank slate with endless potential for visionaries looking to shape the next phase of growth in the region.
Highlights
Summary
- List Price: $6,859,000
- HOA Amount: $0
- Directions: From Cottage Grove turn left onto US-10 East and continue for 1.9 miles, then make a U-turn and take a sharp right after 600 ft, after .4 miles the property will be on your right.
- MLS Number: 6755766
- MLS Name: NORTHSTAR
- Office Name: LandProz Real Estate, LLC
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Price information
Property sales
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Nearby schools
4
Armstrong Elementary School
Public District PK-5
3.4 mi
•8855 Inwood Ave S
7
Grey Cloud Elementary School
Public District PK-5
3.8 mi
•9525 Indian Blvd S
5
Hillside Elementary School
Public District PK-5
3.9 mi
•8177 Hillside Trl S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $80,648. Typical income of Cottage Grove, MN residents is between $35k-100k annually. Typical family type is married, with kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Skiing/snowboarding
PGA/LPGA
College Football
Where do the neighbors shop?
BJs Wholesale Club
Stein Mart
Best Buy
Where do the neighbors go to eat?
Panera
Cracker Barrel
Texas Roadhouse
What do the neighbors drive?
Infiniti
Lexus
Ram
What do the neighbors listen to?
Adult Hits
Oldies
Contemporary Christian
Frequently asked questions
About 10998 Point Douglas Dr S
The listing price of 10998 Point Douglas Dr S property is $6,859,000.
The property 10998 Point Douglas Dr S is land located in Cottage Grove, Minnesota, 55033.
Active Listing: 10998 Point Douglas Dr S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 10998 Point Douglas Dr S are: Armstrong Elementary School (GreatSchools Rating 4/10), Grey Cloud Elementary School (GreatSchools Rating 7/10), Hillside Elementary School (GreatSchools Rating 5/10), Cottage Grove Middle School (GreatSchools Rating 5/10), Hastings Middle School (GreatSchools Rating 5/10), Prescott Middle School (GreatSchools Rating 7/10), Access (GreatSchools Rating 6/10), South Washington Alternative High School (GreatSchools Rating 1/10), Hastings High School (GreatSchools Rating 8/10).
This home is located at 10998 Point Douglas Dr S in Cottage Grove, MN and zip code 55033. Features: 0 bathroom. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $6,859,000.
While more than 24 listings in Cottage Grove, MN in June 2025 were sold above asking price, there were more than 21 listings sold at asking price, and more than 8 were sold below. Between May and June 2025, Cottage Grove, MN real estate market has seen increase in the number of listings by 8.3%. In June 2025 median list price was $393,000 and the average listing age was 22 days.