Home › 23710 State Highway #55, Loretto, MN 55357 (MLS# 7046586)

23710 State Highway #55, Loretto, MN 55357 (MLS# 7046586)

$1,825,000
23710 State Highway #55
Loretto, MN 55357
MLS# 7046586
3 beds  |  2 baths  |  2842 sqft
Classic Charm meet Modern Utility - 0002.jpg
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Classic Charm meet 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 Long term solar lease on back 40 acres - 0013.jpg 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 West facing walkout door in lower level - 0044.jpg 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 income 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
Common Wall: No
Drainage: Natural Type
House or Land: Includes House
Irrigation System: No
Lot Measurement: Square Feet
Manufactured Home?: No
Multiple PIDs?: No
Waterfront Present: No
Year Built: 1970
Yearly/Seasonal: Yearly
Zoning: Other
Bedrooms: 3
Baths Total: 2
Bath Full: 1
Bath Half: 1
Main Floor Total SqFt: 1582
Above Grd Total SqFt: 1582
Below Ground SqFt: 1260
Lot Size SqFt: 74
Style: (SF) Single Family
Total Finished Sqft: 1582.00
Total SqFt: 2842
FireplaceYN: No
Foundation Size: 1260
Lot Dimensions: irregular
Power Company: Xcel Energy
Garage Stalls: 4
Assessment Pending: No
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
Leased Acres: 40
Taxable Acres: 74
Tillable Acres: 25
Wooded Acres: 3
Assessments
Tax With Assessments: 35565.08
Building Information
Finished SqFt Above Ground: 1582
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Dimensions: 50 x 24
Garage Square Feet: 1200
Property Features
Accessible: None
Agricultural Water: Well
Air Conditioning: Central Air
Amenities Unit: Kitchen Window; Main Floor Primary Bedroom; Porch; Tile Floors; Washer/Dryer Hookup
Appliances: Dishwasher
Available Utilities: Electricity Available; Electricity Connected; Natural Gas Connected; Private Septic Available; Private Septic Connected; Private Well Connected
Basement: Concrete Block
Bath Description: Main Floor 1/2 Bath; Main Floor Full Bath
Construction Materials: Block; Frame
Construction Status: Previously Owned
Crop Type: Hay/Alfalfa
Dining Room Description: Informal Dining Room; Kitchen/Dining Room
Disclosures: Septic System; Well Disclosure
Electric: 100 Amp Service
Existing Financing: Free and Clear
Exterior: Brick/Stone; Fiber Board
Family Room Characteristics: Family Room; Main Level
Farm Type: Beef; Crop; Hobby
Fencing: Wood
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Forced Air
Improvements: Paved Streets; Public Road
Land Agreements: Other/See Remarks
Land Inclusions: Easements; For Sale Sign
Laundry: Main Level
Livestock Confinement: Cattle
Lock Box Type: None
Lot Description: Irregular Lot; Suitable for Horses; Tillable; Tree Coverage - Light
Outbuildings: Barn(s); Grain Bin; Loafing Shed; Machine Shed; Silo
Property SubType: Acreage; Confinement/Livestock; Farm
Road Frontage: Paved Streets; State Road
Road Responsibility: Public Maintained Road
Roof: Age Over 8 Years; Asphalt Shingles; Pitched
Sale Options: Sell Entirely
Sellers Terms: Cash; Conventional
Sewer: Septic System Compliant - No
Soil Type: Clay; Loam
Special Search: 3 BR on One Level; Main Floor Bedroom; Main Floor Laundry
Stories: One
Surface Water: Stream/Creek
Topography: Gently Rolling; High Ground; Solar Oriented
Water: 4-Inch Submersible; Well
Room Information
Room Name Dimensions Level
Amusement RoomLower
Family Room22 x 14Main
(1st) Bedroom12 x 11.6Main
Informal Dining Room11 x 9Main
Kitchen11 x 9Main
LaundryMain
Living Room17 x 13Main
PorchMain
(2nd) Bedroom13.6 x 9Main
(3rd) Bedroom10.6 x 10Main

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 10:22 PM

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