Home › 23710 State Highway 55, Loretto, MN 55357 (MLS# 7046548)

23710 State Highway 55, Loretto, MN 55357 (MLS# 7046548)

$1,825,000
23710 State Highway 55
Loretto, MN 55357
MLS# 7046548

Classic Charm meets Modern Utility- 0002.jpg
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Classic Charm meets Modern Utility- 0002.jpg Highway 55 frontage - 74 Acre farm with long term Solar Lease on the back 40 acres- 0001.jpg 3 Bedroom, 2 Bath Walkout Ranch style house with unfinished lower level - 0003.jpg Unlimited storage possibilities. Tillable acres and Solar Field in background - 0010.jpg View from back of farm yard toward Highway 55. Charming town of Loretto in distance- 0011.jpg Tillable acres on South portion of the farm - 0012.jpg 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 Classic Red Barn, so many options to transform for other uses! - 0007.jpg 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 Living room is adjacent to spacious main level family room. - 0017.jpg Bright & sunny South facing living room- 0022.jpg Open floor plan, perfect for daily living or entertaining - 0018.jpg 23710 State Highway 55, Loretto, MN 55357 Desk & breakfast counter: multi-functional country kitchen design! 0028.jpg 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 Dining room looks into kitchen and is open to front facing living room - 0023.jpg 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 Main floor family room has vinyl plank flooring, painted wainscoting & beautiful wood ceiling - 0029.jpg 23710 State Highway 55, Loretto, MN 55357 Sun filled family room has East & South exposure - 0030.jpg 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 Full bath, spacious vanity, tile floor - 0032.jpg Main level mud/laundry room off back entry - 0041.jpg View to back entry. Enclosed porch beyond - 0040.jpg Half bath conveniently located at back entry - 0042.jpg Walkout lower level is open, with many possibilities to finish at your choosing - 0043.jpg 23710 State Highway 55, Loretto, MN 55357 Root cellar is found past pool table. - 0045.jpg 23710 State Highway 55, Loretto, MN 55357 View from North side (back of property) - 0015.jpg 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 Two separated pasture areas for cattle - 0062.jpg 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 23710 State Highway 55, Loretto, MN 55357 Inside view of historic barn. SO MANY POSSIBILITIES HERE!- 0063.jpg

Property Description
Old World Charm Meets New World Tech! Long term lease in place with Solar company on back 40 acres until fall of 2042. There is the possibility for 2, 5-year extensions to the lease term. Generous annual lease payment. 25 tillable acres, outbuildings and lovely 3 Bedroom 1 1/2 Bath Ranch style home all can provide additional rental income. Home business opportunity for construction company needing extra space? Solid 2 story barn could make wonderful destination event center.

Details
Maps
Documents
Contract Information
Status: Active
Contingency: None
Current Price: 1825000
Original List Price: 1825000
ListPrice: 1825000
List Date: 2026-04-30
Owner is an Agent?: No
Auction?: No
General Property Information
Comp Sale YN: No
Development: No
Drainage: Natural Type
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Waterfront Present: No
Yearly/Seasonal: Yearly
Zoning: Other
Lot Dimensions: irregular
Acres: 74
Power Company: Xcel Energy
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 23710
Street Name: State Highway 55
Postal City: Loretto
County: Hennepin
State: MN
Zip Code: 55357
Acreage Information
Taxable Acres: 74
Tillable Acres: 25
Wooded Acres: 3
Assessments
Tax With Assessments: 35565.08
Builder Information
Builder Restrictions: Open
Lease Details
Land Leased: Not Applicable
Lock Box Type
Lock Box Source: OTHER
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 23
Section#: 31
Township#: 119
Property Features
Agricultural Water: Well
Available Utilities: Electricity Available; Electricity Connected; Natural Gas Connected; Private Septic Connected; Private Well Connected
Crop Type: Hay/Alfalfa
Development Status: Other
Existing Financing: Free and Clear
Farm Type: Beef; Crop; Hobby; Other
Fencing: Wood
Improvements: Paved Streets; Public Road
Land Inclusions: Easements; For Sale Sign
Lock Box Type: None
Lot Description: Irregular Lot; Suitable for Horses; Tillable; Tree Coverage - Light
Outbuildings: Additional Garage; Barn(s); Grain Bin; Machine Shed; Pole Building; Silo
Property SubType: Acreage; Other
Road Frontage: Paved Streets; State Road
Road Responsibility: Public Maintained Road
Sale Options: Sell Entirely
Sellers Terms: Cash; Conventional
Soil Type: Clay; Loam
Surface Water: Stream/Creek
Topography: Gently Rolling; High Ground; Solar Oriented

Listing Office: Coldwell Banker Realty

Last Updated: May - 27 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Thursday 28th of May 2026 08:21 PM

218-998-4400

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