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OWNER
Glasrud Trust
AUCTION LOCATION
LandProz.com
or
In-Person at AuctionCast Studios:
1800 Roscoe Avenue, Zumbrota MN
PROPERTY DESCRIPTION
LandProz is pleased to present the Glasrud Trust Auction in Washington County, MN. This 84 +/- Acres will be offered to the public to bid their price via AuctionCast at LandProz.com. Online Bidding will open August 5th, 2026.
An extraordinary opportunity awaits in the heart of the Southeast Twin Cities Metro Area. Encompassing 84 +/- deeded acres, this remarkable property offers a rare combination of development potential, scenic beauty, strategic location, and investment value within the City of Cottage Grove. Positioned along highly visible Highway 61 frontage, the property enjoys excellent accessibility and exposure while offering breathtaking panoramic views of the majestic Mississippi River. Opportunities of this scale and quality are exceptionally rare, particularly within a growing metropolitan community where large, undeveloped riverfront tracts have become increasingly scarce. The property features 27.4 +/- tillable acres with a CPI of 37.8, providing open, gently rolling terrain that complements the site's overall development potential. Beyond the farmland, the landscape transitions into beautiful, wooded topography overlooking the river, creating an ideal setting for premium residential homesites that could capitalize on expansive river views and natural surroundings. Located adjacent to the renowned River Oaks Golf Course, the property is surrounded by established residential neighborhoods, including River Oaks and Pine Coulee, offering immediate integration into one of Cottage Grove's most desirable residential corridors. Additional access potential from the Pine Coulee Subdivision further enhances development flexibility and future planning opportunities. Currently zoned R-2 Residential Estates within the City of Cottage Grove, the property presents a compelling opportunity for residential development, estate homes, luxury riverfront residences, or a thoughtfully designed neighborhood that embraces the natural beauty of the Mississippi River corridor. The wooded riverfront setting provides privacy, mature trees, and elevated views rarely found in metropolitan development parcels. Conveniently located just minutes from Cottage Grove's growing commercial, retail, dining, healthcare, and recreational amenities, residents would enjoy the perfect balance of peaceful riverfront living and everyday convenience. The property also benefits from its proximity to the greater Twin Cities metropolitan area, with easy access to downtown Minneapolis, downtown St. Paul, and Minneapolis–Saint Paul International Airport, making it an attractive location for future homeowners seeking both connectivity and natural beauty. Adding character and history to the property are an older farmhouse and an eclectic collection of agricultural buildings that stand as reminders of the land's farming heritage. While the site is primed for future development, these existing improvements contribute to the property's unique story and legacy. Large-scale Mississippi River frontage development parcels within a thriving metropolitan community are exceptionally difficult to find. With its combination of river frontage, golf course adjacency, established neighborhood connections, development-ready zoning, transportation access, scenic vistas, and significant acreage, this property represents a truly one-of-a-kind offering. Properties of this caliber seldom become available. Whether envisioned as a luxury riverfront estate community, residential development project, or long-term investment holding, this exceptional Cottage Grove property offers a rare chance to shape one of the most desirable remaining riverfront tracts in the Twin Cities metropolitan area.
Please contact LandProz Auction Manager Brian Haugen 507-208-0791 or LandProz Broker/Auctioneer Greg Jensen 507-383-1067 for more information regarding this auction.
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PROPERTY FEATURES
• 84 +/- Deeded Acres
• 27.4 +/- Tillable Acres
• Prime Mississippi River frontage development land
• City of Cottage Grove, Washington County MN
• Southeast Twin Cities Metro Area
• Highway 61 frontage with access
• Short drive to MSP airport and Twin Cities major metro amenities
• Nestled next door to beautiful River Oaks Golf Course
• Borders River Oaks Neighborhood and Pine Coulee Neighborhood
• Very close to Cottage Grove amenities
• Expansive and panoramic river views
• Wooded topography for river lots
• CPI of 37.8
• Tillable farmland with gently rolling topography
• Prominent Soil Type: Sparta loamy sand
• Older home and eclectic farm buildings from days gone by
• Zoned (R2) Residential Estates within the City of Cottage Grove
• Additional neighborhood access from Pine Coulee Subdivision
• Very rarely do prime parcels like this come for sale to the public
• Real Estate Taxes: $6250
TERMS
10% [non-refundable] of earnest money down on the day of the auction or mailed to LandProz Real Estate Trust: 111 East Clark St, Albert Lea, MN 56007 within 3 business days. Earnest money will be held in the listing brokerage escrow account until closing. Only approved bidders will be registered to bid. This is being advertised as a reserve sale, and sellers may choose to accept or reject any and or all bids. Sellers may choose at sellers’ sole discretion during or after the auction sale to deem the reserve lifted on the tract offered and at that point the tract will be confirmed by the auctioneer. Buyers will need to provide a letter of credit or proof of funds to the auction manager or auction company prior to being approved for bidding. The closing will be on or about September 23, 2026, subject to title. There will be no financing contingencies. Bidding will be dollars per deeded acres of 84 +/- acres multiplied by the bid price. The possession of the property will be upon closing. Please contact the auction manager for more information. Buyers to perform their own due diligence and sellers or seller’s agent do not guarantee building or homesites as the property is being sold as-is where-is with all faults, and that seller or seller's representative is not making any warranties or representations of any nature, whether express or implied nor do any agents of seller make any warranties or representations of any nature, whether express or implied with no guarantees. Any statement made on the day of the auction takes precedence over previous materials. All information provided herein was obtained from sources deemed reliable, but neither the auction company nor the seller guarantee its accuracy.
