Single Family in Norwood Young America, MN

Active

$849,900

For sale

425 an••••• 505 3rd Ave SE (Sign up for 50 free credits to unlock)Norwood Young America, MN 55397

3Beds

1Baths

1,480Sq Ft Living

447,797Sq Ft Lot

1915Year Built

Property Description

Rare Private 10+ Acre Family Compound - Available for the First Time in Decades! A truly unique opportunity to own a secluded family compound surrounded by wetlands and natural beauty, all within the city limits of Norwood Young America. Offered for the first time in decades, this remarkable 10+ acre property includes two single-family homes, two substantial outbuildings, and the exceptional privacy of a peaceful country retreat with the convenience of city water and sewer. The property features the original 1,480 sq ft 3 bedroom farmhouse, a 1998 built 1,424 sq ft 2 bedroom single-level home, a 30' x 50' storage shed, and a 40' x 60' heated and insulated pole barn with electricity, water, and sewer. Ideal for multigenerational living, extended family, hobbyists, collectors, or an owner-operated business, subject to city approval. The expansive grounds and natural wetland surroundings create a rare sense of seclusion, while offering potential opportunities to explore additional residential homesites with the city, subject to necessary approvals. Privacy, acreage, versatility, and a once-in-a-generation opportunity to create your own family legacy. Buyers should reference MLS #7163821 for additional information and photographs of the second single-family home included in this combined offering. Take a look and make this amazing opportunity yours today!

Property Facts & Features

Property Type: Single Family
Status: Active
Listed: Oct 28, 2026
Price per Sq Ft: $574/sqft
ZIP Code: 55397
Full Baths: 1
Garage: 10 spaces
Parking: Detached Garage, Driveway Gravel, Driveway Concrete, Garage Door Opener, Heated Garage, Insulated Garage, RV Access/Parking
Heating: Forced Air
Cooling: Central
Property Tax (2025): $4,134/yr
Assessed Value: $273,000
Last Sold: $132,500 · Jun 1, 1998
County: Carver
School District: Central Public School District

Features & Amenities

Bedrooms

Bedrooms: 3

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Land Info

Additional Parcels Description: 580511091
Additional Parcels: Yes
Lot Description: Tree Coverage - Light
Lot Size Acres: 10.28
Lot Size Dimensions: Irregular
Lot Size Square Feet: 447797

Utilities

Sewer: City Sewer/Connected
Water Source: City Water/Connected

Appliances

Range
Refrigerator

Other Rooms

Bathrooms: Upper Level Full Bath
Basement Description: Crawl Space, Partial, Unfinished

Garage and Parking

Garage Spaces: 10
Other Parking: 6
Parking Features: Detached Garage, Driveway - Gravel, Driveway - Concrete, Garage Door Opener, Heated Garage, Insulated Garage, RV Access/Parking
Garage Dimensions: 40x60

School Information

High School District: Central

Heating and Cooling

Cooling Features: Central
Heating Features: Forced Air
Heating Fuel: Oil
Heating: Yes

Other Property Info

Annual Tax Amount: 9992
Source Listing Status: Active
County: Carver
Directions: Hwy 212 to Tacoma North, to 3rd Ave SE (Gravel road on left), to home. Property is on left when entering.
Tax Year: 2025
Source Neighborhood: City Lts Of Young America
Parcel Number: 580511090
Postal City: Norwood Young America
Postal Code Plus 4: 9728
Public Survey Range: 26
Public Survey Section: 11
Public Survey Township: 115
Subdivision: City Lts Of Young America
Township: Norwood Young America
Zoning Description: Residential-Single Family
Property Subtype: (SF) Single Family

Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

Building and Construction

Total Square Feet Living: 1480
Year Built: 1915
Building Exterior Type: Wood
Foundation Area: 1052
Property Age: 111
Property Attached: No
Roof: Age Over 8 Years, Asphalt Shingles, Pitched
Total Area Main: 1052

Exterior and Lot Features

Other Structures: Pole Building, Shed - Storage
Road Frontage Type: City Street, Private Road
Road Responsibility: Public Maintained Road

Price & Event History

Date	Event	Price	$/Sq Ft
Oct 28, 2026	Listed	$849,900	$574
Jun 1, 1998	Sold	$132,500	$90

Property Tax History

Year	Tax	Assessed	Land	Building	Market
2025	$4,134	$273,000	-	-	$293,200
2023	$4,252	$303,600	-	-	$312,700
2022	$3,682	$241,700	-	-	$255,900
2021	$3,442	$235,500	-	-	$250,200
2020	$3,340	$225,800	-	-	$241,300
2019	$2,990	$216,000	-	-	$232,300
2018	$2,980	$204,000	-	-	$221,300
2017	$3,220	$218,700	-	-	$234,800
2016	$2,968	$210,800	-	-	$227,600
2015	$2,768	$198,300	-	-	$216,100
2014	$2,730	$183,400	-	-	$202,400
2013	$2,444	$163,800	-	-	$184,400

Nearby Schools

6/10
Central Middle School
Public · Middle · Grades 6-8
0.5 mi
9/10
Central Senior High School
Public · High · Grades 9-12
0.5 mi
7/10
Central Elementary School
Public · Elementary · Grades K-5
0.7 mi
NR
St John S Lutheran School
Private · Elementary, Middle · Grades K-8
0.5 mi