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.
Active
$1,450,000
12235 323rd Ave, Princeton, MN 55371
3beds
1,621sqft
Est.:
Single Family Residence
Built in 1910
31.39 Acres Lot
$-- Zestimate®
$895/sqft
$-- HOA
What's special
Stunning man-made pondProminent frontage roadDirect frontage road accessHigh visibility and accessibility
- 3 days
- on Zillow |
- 264 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: June 10, 2025 at 08:06am
Listed by:
Kellie Tabery 763-242-8176,
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6717726

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Rooms
- Room types: Walk In Closet, Bathroom, Bedroom 1, Bedroom 2, Bedroom 3, Bonus Room, Deck, Family Room, Kitchen, Informal Dining Room, Gazebo
Bedroom 1
- Level: Upper
- Area: 192 Square Feet
- Dimensions: 12x16
Bedroom 2
- Level: Upper
- Area: 192 Square Feet
- Dimensions: 12x16
Bedroom 3
- Level: Upper
- Area: 216 Square Feet
- Dimensions: 18x12
Bathroom
- Level: Main
- Area: 96 Square Feet
- Dimensions: 8x12
Bathroom
- Level: Basement
- Area: 40 Square Feet
- Dimensions: 5x8
Bonus room
- Level: Main
- Area: 220 Square Feet
- Dimensions: 11x20
Deck
- Level: Main
- Area: 60 Square Feet
- Dimensions: 10x6
Family room
- Level: Main
- Area: 228 Square Feet
- Dimensions: 12x19
Other
- Level: Main
- Area: 81 Square Feet
- Dimensions: 9x9
Informal dining room
- Level: Main
- Area: 180 Square Feet
- Dimensions: 12x15
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Walk in closet
- Level: Upper
- Area: 100 Square Feet
- Dimensions: 10x10
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Wall Oven, Washer, Water Softener Owned
Features
- Central Vacuum
- Basement: Block,Concrete,Partially Finished
- Number of fireplaces: 1
- Fireplace features: Brick, Family Room, Gas
Interior area
- Total structure area: 1,621
- Total interior livable area: 1,621 sqft
- Finished area above ground: 921
- Finished area below ground: 700
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Carport, Covered, Detached, Gravel, Asphalt, Garage, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages, RV Access/Parking, Storage
- Garage spaces: 6
- Has carport: Yes
- Has uncovered spaces: Yes
- Details: Garage Dimensions (20x20)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck, Patio
- Pool features: None
- Fencing: None
- Waterfront features: Waterfront Num(999999999)
Lot
- Size: 31.39 Acres
- Features: Irregular Lot, On Golf Course, Suitable for Horses, Many Trees
Details
- Additional structures: Additional Garage, Gazebo, Pole Building, Workshop
- Foundation area: 921
- Parcel number: 90000041300
- Zoning description: Residential-Single Family
- Other equipment: Fuel Tank - Rented
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
Condition
- Age of Property: 115
- New construction: No
- Year built: 1910
Utilities & green energy
- Electric: 200+ Amp Service
- Gas: Propane
- Sewer: Private Sewer, Tank with Drainage Field
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Princeton
Financial & listing details
- Price per square foot: $895/sqft
- Annual tax amount: $3,314
- Date on market: 6/9/2025
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