$5,000,000
1X Marschall Road
Prior Lake, MN 55372
MLS# 7158662



Rare 70+ Acre Development Opportunity on Spring Lake
  1 / 12  
Rare 70+ Acre Development Opportunity on Spring Lake Vantage point from the north Vantage point from the east Vantage point from the west Photo 5 Photo 6 Photo 7 Photo 8 Flourishing neighborhood in development nearby SPRING LAKE Size: Approx 590 acres; Average Depth: 16-18 ft; Max Depth: 35 ft; Shoreline: 4.5 miles Walking distance to Spring Lake Regional Park with miles of walking/scenic trails Photo 12

Property Description
Exceptional 70+ Acre Development Opportunity on Spring Lake. Rarely does a development site of this size and quality become available in the highly desirable Prior Lake market. Encompassing more than 70 acres with frontage on beautiful Spring Lake, this premier property is currently zoned for Planned Unit Development (PUD), providing flexibility for a wide range of residential and mixed-use development concepts. Positioned in none of the Twin Cities' most sought-after growth corridors, the property offers an outstanding combination of natural amenities and urban accessibility. Future residents will enjoy walking-distance access to Spring Lake Regional Park. The park is approximately 373 acres and includes shoreline on both Spring Lake and Prior Lake. The regional park system, including miles of trails, recreational opportunities, and scenic outdoor spaces. The lakefront setting creates the potential for a distinctive community that blends natural beauty with modern living. Strategically located with convenient access to major transportation routes, the site provides efficient connectivity to employment centers, retail destinations, schools, and the greater Minneapolis-St. Paul metropolitan area. The combination of scale, entitlement potential, recreational amenities, and transportation access makes this an exceptional opportunity for developers, builders, and investors seeking a signature project in a thriving market. Highlights: - 70+ acres of prime development land - Frontage on scenic Spring Lake - Zoned for Planned Unit Development (PUD) - Walking distance to regional park and trail systems - Strong demographics and continued area growth - Excellent access to major transportation corridors - Potential for a variety of residential and mixed-use concepts - Rare large-scale development tract in the Prior Lake market A unique opportunity to create a landmark community in one of Minnesota's most desirable lake-oriented destinations.

Details
Contract Information
Status: Active
Contingency: None
Current Price: $5,000,000
Original List Price: 5000000
ListPrice: 5000000
List Date: 2026-11-06
Owner is an Agent?: No
Auction?: No
General Property Information
Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Waterfront YN: Yes
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family, Other, Shoreline, Reside
Lot Dimensions: 3000x1159x1600x1010
Acres: 71.63
Lake/Waterfront Name: Spring
Assessment Pending: No
Assessments
Tax With Assessments: 21016
Builder Information
Builder Restrictions: Open
Lake Details
Lake Acres: 591
Lake Depth: 37
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Location Tax and Other Information
House Number: 1X
Street Name: Marschall
Street Suffix: Road
Postal City: Prior Lake
County: Scott
State: MN
Zip Code: 55372
Property Features
Available Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available
Development Status: Raw Land
Improvements: Paved Streets; Public Road
Land Inclusions: For Sale Sign
Lock Box Type: None
Lot Description: Accessible Shoreline; Tree Coverage - Medium
Property SubType: Development
Road Frontage: City Street; County Road; No Outlet/Dead End; Paved Streets
Road Responsibility: Public Maintained Road
Sale Options: Sell Entirely
Sellers Terms: Cash; Special Funding; Other
Topography: Gently Rolling
Waterfront Type: Lake Front

IDX
Listing Office: Edina Realty, Inc.

Last Updated: November - 06 - 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. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.