A Rare Lakefront Opportunity — Here’s your chance to own one of the most unique and breathtaking properties to hit the market. Situated on 39.87 rolling acres with 2,050' of pristine lakefront, this property offers endless potential - whether you're looking to develop, create a family compound, or build your dream estate from the ground up.
The land is open, rolling, and picturesque — wide-open spaces, mature trees, and panoramic water views make it a rare canvas for your vision. Zoned residential with room to expand. An existing home offers one level living and with a little TLC would make a perfect guests house, MIL Suite, or income unit. If the buyer chooses to keep the current residence, the seller is willing to update all windows, doors, deck and siding—a rare and valuable offer to help you make the most of this space. Whether you’re building one dream home or many, there’s no shortage of possibilities—and they all come with shoreline, sunsets, and serenity. View the virtual tour.
Closed
$1,600,000
18121 N Diamond Lake Rd, Dayton, MN 55327
3beds
2,378sqft
Single Family Residence
Built in 1910
39.87 Acres Lot
$1,600,800 Zestimate®
$673/sqft
$2,691 Estimated rent
Home value
$1,600,800
$1.47M - $1.74M
$2,691/mo
Zestimate® history
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$2,691/mo
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$8,324/mo
Est. payment
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: September 04, 2025 at 07:16am
Listed by:
Devin Perry 612-290-4930,
eXp Realty
Bought with:
Daniel F Thompson
RE/MAX Results
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6731329
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom 1
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Bedroom 2
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 13x11
Bedroom 3
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12x11
Dining room
- Level: Main
- Area: 266 Square Feet
- Dimensions: 19x14
Kitchen
- Level: Main
- Area: 168 Square Feet
- Dimensions: 14x12
Laundry
- Level: Main
- Area: 56 Square Feet
- Dimensions: 8x7
Living room
- Level: Main
- Area: 264 Square Feet
- Dimensions: 24x11
Heating
- Forced Air
Cooling
- None
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,378
- Total interior livable area: 2,378 sqft
- Finished area above ground: 1,613
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Detached
- Garage spaces: 4
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Deeded Access, Lake Front, Lake View, Waterfront Num(27012500), Lake Acres(405), Lake Depth(8)
- Body of water: Diamond Lake (Dayton City)
- Frontage length: Water Frontage: 2050
Lot
- Size: 39.87 Acres
- Dimensions: 1,736,737
Details
- Foundation area: 765
- Parcel number: 1812022120002
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Wood Siding
Condition
- Age of Property: 115
- New construction: No
- Year built: 1910
Utilities & green energy
- Gas: Electric
- Sewer: Private Sewer
- Water: Well
Community & neighborhood
Location
- Region: Dayton
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $1,600,000-11.1%$673/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6731329 Report a problem | ||
| 7/9/2025 | Pending sale | $1,800,000$757/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6731329 Report a problem | ||
| 6/4/2025 | Listed for sale | $1,800,000$757/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6731329 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 55327
Nearby schools
GreatSchools rating
- 9/10Rogers Middle SchoolGrades: 5-8Distance: 1.7 mi
- 10/10Rogers Senior High SchoolGrades: 9-12Distance: 1.7 mi
- 7/10Hassan Elementary SchoolGrades: K-4Distance: 3.3 mi
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Estimated market value
$1,600,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,600,800
- Minnesota
- Hennepin County
- Dayton
- 55327
- 18121 N Diamond Lake Rd