$5,926 Closing Credit¹
#6725884, Listing office: National Realty Guild
$1,450,000 List price
12235 323rd St Princeton, MN 55371
$10,000
Closing credit¹
3 beds
1 full
1,621 sqft
$895 / sqft
House
Property details
About 12235 323rd St
Seize the chance to develop 31.39 acres of prime real estate annexed into the City of Princeton. This property is ready for transformation strategically located along a prominent frontage road, ensuring high visibility and accessibility for commercial development. Potential for 3 commercial lots with direct frontage road access, perfect for retail, office, or mixed-use development. Stunning man-made pond, framed by natural boulders and a fountain, offers an attractive centerpiece. 18 hole golf course backdrop, enhancing the property’s appeal and value. Infrastructure Readiness: Completed water delineation report, ensuring smoother planning and development processes. Endless Development Possibilities - Ideal for a wide range of uses, including retail center or mixed-use commercial spaces, a high-end residential community or housing development, recreational facilities and/or event centers, Investor Advantages with high growth potential in Princeton, a city on the rise with increasing demand for commercial and residential projects. Supportive city officials eager to see this property’s potential realized. Quick approvals approximately 90-120 days! A unique blend of natural aesthetics and functional layout, ensuring appeal to future buyers or tenants.
Highlights
Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,621 sqft
BasementYes
Year built1910
ParkingCarport, Covered, Detached, Gravel, Asphalt, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, RV Access/Parking, Storage
MLS #6717726
Garage6 spaces
FireplaceBrick, Family Room, Gas
Virtual tour
Summary
- Full Bathrooms: 1
- Appliances: Central Vacuum, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Oven, Washer, Water Softener
- Basement: Yes
- Fireplace: Brick, Family Room, Gas
- Total Bedroom Count: 3
- Garage Space: 6 spaces
- Attached Garage: No
- Parking: Carport, Covered, Detached, Gravel, Asphalt, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, RV Access/Parking, Storage
- Heating: Forced Air
- Cooling: Central Air
- List Price: $1,450,000
- Price/SqFt: $894
- HOA Amount: $0
- Lot: Irregular Lot, On Golf Course, Many Trees
- Directions: US-169 N, to exit onto County Rd 29 N/S Rum River Dr exit. Follow County Rd 29 N/S Rum River Dr to 323rd Ave NW in Princeton, trn on 323rd Ave N to arrive at destination.
- Year Built: 1910
- Living Area: 1,621 SqFt
- MLS Number: 6717726
- MLS Name: NORTHSTAR
- Office Name: eXp Realty
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$1,450,000
12235 323rd St
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Princeton North Elementary
Public District 3-5
2.1 mi
•1202 7th Ave N
7
Westwood Elementary School
Public District 3-5
8.0 mi
•13651 4th Ave S
6
Milaca Elementary School
Public District PK-6
14.1 mi
•500 Highway 23 W
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 $84,483. Most Princeton, MN residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
13%
<35k
56%
35k-100k
27%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
25%
Single, No Kids
8%
Single, with Kids
35%
Married, No Kids
32%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
11%
12-17 yrs old
17%
18-34 yrs old
44%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Hunting
Figure Skating
NASCAR
Where do the neighbors shop?
Dick's Sporting Goods
Dillards
Wal-Mart
Where do the neighbors go to eat?
Texas Roadhouse
Cracker Barrel
Hardee's
What do the neighbors drive?
Subaru
Cadillac
Ram
What do the neighbors listen to?
New Country
News/Talk/Information
Classic Country
All data provided by Home Junction and Claritas
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Frequently asked questions
About 12235 323rd St
The listing price of 12235 323rd St property is $1,450,000.
The property 12235 323rd St is a house located in Princeton, Minnesota, 55371.
Active Listing: 12235 323rd St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 12235 323rd St are: Princeton North Elementary (GreatSchools Rating 5/10), Westwood Elementary School (GreatSchools Rating 7/10), Milaca Elementary School (GreatSchools Rating 6/10), Princeton Middle School (GreatSchools Rating 6/10), Zimmerman Middle School (GreatSchools Rating 6/10), St. Francis Middle School (GreatSchools Rating 2/10), Princeton High School (GreatSchools Rating 5/10), Princeton Online Mn (GreatSchools Rating 4/10), Princeton Area Learning Center (GreatSchools Rating 4/10).
The property at 12235 323rd St has 3 bedrooms and 2 bathrooms.
The property 12235 323rd St is 1,621 SqFt (source: MLS/tax record).
The year of construction for 12235 323rd St is 1910.
This home is located at 12235 323rd St in Princeton, MN and zip code 55371. This 1,621 square foot home was built in 1910. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 9, 2025 and is currently priced at $1,450,000.
In May 2025 more than 5 listings in Princeton, MN were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 6 were sold below. The number of homes for sale in Princeton, MN increased by 23.5% between April and May 2025. While the average time on the market in May 2025 was 37 days, the median list price was $345,000.
From Rocket Homes Real Estate and based on county public records data.