5 months on rocket

540 Prairie Island Rd N, Winona, MN, 55987

$889,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath
1,260 SqFt
$706/SqFt
House

Location

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540 Prairie Island Rd N, Winona$889,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Gravel, Heated Garage, Insulated Garage, RV Access/Parking, Storage
Garage6 spaces
Year Built1906
HeatingForced Air, Wood Stove
CoolingCentral Air
BasementYes
WaterfrontRiver Front
ViewRiver
MLS #6560150
StatusActive

About 540 Prairie Island Rd N

One-of-a-Kind Riverfront Property on fifty plus acres. Discover a truly unique riverfront property offering unparalleled access to the Mississippi River. This property boasts 50+ acres of ponds, scenic trails, a private boat landing, & a versatile, removable dock system with a jet ski port. Enjoy direct, easy access to the water for all your recreational needs. Features and Updates: Modern Conveniences: Recent upgrades include a newer forced air furnace, water softener, central air conditioning, updated shingles, and appliances. Spacious Six-Car Garage: Featuring a newer furnace, a convenient kitchenette, & a custom-made ten-by-nine-foot hangar door. Perfect for storage & projects. Additional Living Space: Above the garage, a beautifully handcrafted finished space adds approximately 430 square feet. This area includes a cozy loft, stunning red elm floors, maple ceilings & walls, & custom doors. Embrace the tranquil beauty & endless possibilities of this remarkable riverfront retreat.

Property Details

Property Features

Property Information:

  • Year Built: 1906
  • Living Area: 1,260 SqFt

Listing Office:

  • Office Name: Edina Realty, Inc.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Water Softener
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: River Front
  • View: River

Parking Information:

  • Garage Space: 6 spaces
  • Attached Garage: No
  • Parking: Detached, Gravel, Heated Garage, Insulated Garage, RV Access/Parking, Storage

Virtual/3D Tour

  • Virtual Tour: 540 Prairie Island Rd N
Virtual Tour

Utilities

Utilities Information:

  • Heating: Forced Air, Wood Stove
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Riverview Drive, head north on Prairie Island Road then take a first right, property is the last one on the road.

Price Information

Listing Price Info

Price Summary:

  • List Price: $889,000
  • Price Per SqFt: $706/SqFt

Tax Information:

  • Annual Amount: $3,736
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Winona, MN.

Med. Sold Price

$232.5K

Med. Price/SqFt

$146

Avg. Days On Market

37

# of Sold Homes

27

540 Prairie Island Rd N vs Winona

174 DAYS ON ROCKET

+137 Days

$889,000

+$656.5K More

$706/SqFt

+$560 More

KEY TAKEAWAY

This property is $656.5K more than the Median Sold Price and $560/SqFt more than other homes in Winona, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6560150

Listing Office:

  • Office Name: Edina Realty, Inc.

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Last updated on: 12/17/2024, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,736$376,100
2020$3,862$315,000
2019$3,966$315,000
2017$3,942$307,300

History based on county public records data.

Payment Calculator

$4,504

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,732

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4303052
6
/10
  • Jefferson Elementary School

  • 1268 W 5th St

  • 1.15 miles

  • Public District Grades KG-4

school-card-donut-4303053
7
/10
  • Goodview Elementary School

  • 5100 W 9th St

  • 2.08 miles

  • Public District Grades KG-4

school-card-donut-4303054
4
/10
  • Washington Kosciusko Elementary School

  • 365 Mankato Ave

  • 3.08 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,550. Residents of Winona, MN typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Living In Winona, MN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Winona, MN.

Winona's housing market presents a diverse array of options, with single-family homes being a significant component, reflecting a mix of architectural styles from classic Victorian to more contemporary designs. The market also includes a variety of apartments and a modest selection of townhouses, accommodating a range of preferences and needs. The majority of homes were constructed during a development surge in the late 20th century, with a homeownership rate that is robust, indicative of a stable residential community.

What is it like to live in Winona, MN?

Winona is celebrated for its scenic beauty and cultural richness, nestled between bluffs and the Mississippi River. The community prides itself on a vibrant arts scene and a calendar dotted with festivals that showcase local traditions and talents. The city's character is further defined by its commitment to preserving natural spaces and promoting outdoor activities, creating a harmonious blend of urban and rural elements.

Is it easy to get around Winona, MN without a car?

The community is served by a solid educational network, including several public schools at the elementary, middle, and high school levels, as well as private educational options. Healthcare is accessible through local clinics and a regional hospital equipped with various specialized services. Winona's public library system supports lifelong learning and community engagement. Retail and dining establishments reflect the local culture, offering both familiar and unique culinary experiences. The city is responsive to the evolving needs of its residents, with initiatives aimed at enhancing service quality and accessibility.

Transportation in Winona, MN.

Winona's transportation infrastructure supports both private and public transit options, with a bus system that facilitates movement around the city. The area's walkability varies, with certain neighborhoods offering more pedestrian-friendly environments than others. The city's road and highway network enables efficient commuting and travel to neighboring areas, and recent efforts have been made to improve transport efficiency and accessibility. Ride-sharing services are available, complementing the existing transportation options.

Frequently Asked Questions About 540 Prairie Island Rd N

What is the listing price of this property?

The listing price of 540 Prairie Island Rd N property is $889,000.

What type of property is this?

The property 540 Prairie Island Rd N is a house located in Winona, Minnesota, 55987.

Is this property for sale now?

Active Listing: 540 Prairie Island Rd N is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,736 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 540 Prairie Island Rd N has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 540 Prairie Island Rd N is 1,260 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 540 Prairie Island Rd N is 1906.

Rocket Homes›Minnesota›Winona County›Winona›55987›540 Prairie Island Rd N

This home is located at 540 Prairie Island Rd N in Winona, MN and zip code 55987. This 1,260 square foot home was built in 1906. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 26, 2024 and is currently priced at $889,000.

Winona, MN housing market in November 2024 saw over 8 listings sold above listed price, more than 6 sold at listed price and over 13 sold below. The inventory of homes for sale in Winona, MN between October 2024 and November 2024 decreased by 8.8%. While the average time on the market in November 2024 was 37 days, the median list price was $232,500.

From Rocket Homes Real Estate and based on county public records data.

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