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18625 62nd St, New Germany, MN, 55367

4beds
2baths
2,800sqft
$960,000
$343price/sqft
$6,055/moest. monthly cost
$242,200/yrincome needed

About This Home

Welcome to your dream hobby farm nestled on 44 beautiful acres just minutes from Waconia and within easy reach of the Twin Cities metro area. This exceptional property offers the perfect blend of peaceful country living and modern convenience. The updated farmhouse combines timeless character with thoughtful upgrades, offering comfortable living surrounded by nature. The spacious layout provides room for guests, entertaining, or simply enjoying the scenic views of your land. In addition to the main home, you'll find a charming guest house—ideal for visitors, rental potential, or multi-generational living. A classic barn, multiple outbuildings, and a variety of storage and utility structures make this a turnkey option for hobby farming, livestock, or equipment use. The land features productive tillable acres, mature trees, and rolling meadows—perfect for farming, horses, or simply enjoying the great outdoors. With access from the southern end of the property and an additional building site, there's opportunity for expansion or future development. Whether you’re looking to start a hobby farm, escape the city, or invest in your own piece of Minnesota countryside, this property offers endless possibilities—all just a short drive from urban amenities. Property is right next to the well known Dakota Rail Regional Trail, offering scenic view the whole way. Come experience the perfect blend of rural tranquility and city convenience—schedule your private tour today! (Additional 47 Acres Available)

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

8/10
Bayview Elementary SchoolGrades K-510.1 mi
7/10
Waconia Middle SchoolGrades 6-89.7 mi

Construction

Condition

  • Year built: 1908

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Cooktop,Dryer,Electric Water Heater,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer

Basement

  • Has basement: Yes
  • Basement: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1

Features

  • Number of fireplaces: 1
  • Fireplace features: Brick
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,800

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,800
  • Total interior livable area: 2,800 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 020060300
  • Zoning description: Agriculture
  • Foundation area: 1400

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Rear Porch
  • Topography of land: High Ground,Level,Wooded

Lot

  • Lot size: 44.26 Acres
  • Features: Suitable for Horses,Tillable,Tree Coverage - Light
  • Lot size dimensions: 44.26ac

Parking

  • Total spaces: 8
  • Parking features: Detached Garage,Heated Garage
  • Has garage: Yes
  • Attached garage spaces: 8
  • Covered spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Hail
Heat Wave
Inland Flooding
Tornado
Winter Weather

FEMA Declared Disasters in Carver County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,854$58,248
Home Insurance *$375$4,500
Property Taxes $590$7,080
Electricity $236$2,833
Total$6,055$72,660
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$207,600/yr
40% on housing$181,650/yr
45% on housing$161,466/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: -0.3%
-0.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$343This listing

vs Other Active Listings

Avg $/sqft

ZIP 55367$137
Carver County$193

vs Homes Sold Last Month

Median $/sqft

ZIP 55367$344
Carver County$220

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-06Price change$1,560,000
2026-05-06Price change$960,000
2026-04-10Price change$1,575,000
2026-01-06Price change$975,000
2025-11-26Price change$1,575,000
2025-07-18Listed for sale$1,650,000

For Sale by Agent

AgentJordan Yira
BrokerageAmerican Legacy Land Co., LLC

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