Presenting a rare opportunity: 1567 County Road 7, Balaton, MN 56115 is an expansive 5-bedroom, 3-bath country estate on 10 acres of prime Minnesota land. Boasting 2,631 sq ft of living space, this 1917 farmhouse blends rustic charm with modern essentials—ideal for those seeking room to grow, hobby farming, or country living within reach of Balaton community amenities.
The home’s inviting layout highlights a spacious living area with a cozy fireplace, perfect for gathering on cold winter nights. Enjoy updated comforts including a 3-year-old hot water heater, a 4-year-old A/C unit, and a well-maintained furnace. Durable shingle roofing (installed in 1993), a sturdy basement and pier beam foundation, and a classic wooden plank exterior provide lasting peace of mind. Fresh carpet, tile, and LVP plank flooring add comfort on every level.
Practical features include well water, a septic system that received a full cleaning and new pump this year, and an oversized garage for vehicles or storage. There are no termite or lead paint issues, and the property is located outside flood zones. Utility providers support both electricity and gas, with current status ready for occupancy. The property does require a new roof, updated windows, minor siding repairs, bathroom refresh, new carpet, and cosmetic upgrades—offering a blank canvas for your personal touch.
This is an exceptional find for large families, investors, or anyone looking for an affordable acreage home in the heart of Balaton’s thriving real estate market, where prices are climbing and supply remains tight.?
Don’t miss your chance to own a piece of Minnesota countryside with space to spread out and endless potential. Schedule your private tour today!
Active
$245,000
1567 County Road 7, Balaton, MN 56115
5beds
2,631sqft
Est.:
Single Family Residence
Built in 1900
10 Acres Lot
$252,500 Zestimate®
$93/sqft
$-- HOA
What's special
- 13 days |
- 1,384 |
- 86 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 28, 2025 at 03:03am
Listed by:
Jeffrey Hagel 952-395-2799,
Jeff Hagel
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6822498
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Daylight,Egress Window(s),Finished
- Number of fireplaces: 1
Interior area
- Total structure area: 2,631
- Total interior livable area: 2,631 sqft
- Finished area above ground: 2,001
- Finished area below ground: 630
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
- Details: Garage Dimensions (22x24)
Accessibility
- Accessibility features: None
Features
- Levels: Four or More Level Split
Lot
- Size: 10 Acres
- Dimensions: 750 x 509
Details
- Foundation area: 1164
- Parcel number: 040060060
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- Age of Property: 125
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: Propane
- Sewer: Private Sewer
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Balaton
Financial & listing details
- Price per square foot: $93/sqft
- Tax assessed value: $265,800
- Annual tax amount: $1,642
- Date on market: 11/27/2025
- Cumulative days on market: 10 days
Estimated market value
$252,500
$240,000 - $265,000
$2,029/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/27/2025 | Listed for sale | $245,000+33.5%$93/sqft |
Source: | ||
| 9/18/2015 | Sold | $183,500-2.9%$70/sqft |
Source: | ||
| 7/21/2015 | Pending sale | $189,000$72/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #6010122 Report a problem | ||
| 5/26/2015 | Listed for sale | $189,000$72/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #6010122 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,456 +4% | $265,800 +9.1% |
| 2023 | $1,400 +29.9% | $243,700 +27.7% |
| 2022 | $1,078 -10% | $190,800 +18.5% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,250/mo
Principal & interest
$950
Property taxes
$214
Home insurance
$86
Climate risks
Neighborhood: 56115
Nearby schools
GreatSchools rating
- 5/10Tracy Elementary SchoolGrades: PK-6Distance: 10.3 mi
- 6/10Tracy SecondaryGrades: 7-12Distance: 10 mi
- Loading
- Loading




