




7604 E 250th St, Elko New Market, MN, 55020
About This Home
Welcome to a beautifully designed hobby farm opportunity in Elko New Market, offering space, functionality, and modern comfort on nearly 10 acres of usable land. Built in 2018, this custom rambler provides over 4,000 finished square feet with 4 bedrooms, 4 bathrooms, and a thoughtfully designed open-concept layout. The main level features spacious living areas filled with natural light, oversized windows, and seamless flow between the kitchen, dining, and living spaces. Double doors off the main living area open to a maintenance-free deck, creating an easy transition to outdoor living while taking in peaceful countryside views. The kitchen includes a large center island, walk-in pantry, and abundant cabinetry—ideal for everyday living and entertaining. The main-level primary suite offers a private bath, walk-in closet, and convenient access to the laundry room. A dedicated office/study provides flexibility for remote work or additional living space. The finished walkout lower level expands your living options with three additional bedrooms, including a Jack and Jill full bathroom, an additional ¾ bath, and generous open space for a family room, recreation area, or home gym. Designed with hobby farm and equestrian use in mind, the property includes three fenced pastures, water lines servicing the paddocks, and two lean-to shelters. A 42’ x 48’ pole building offers excellent potential for a future barn setup with space planned for 12’ stalls and a center aisle. Power and water are roughed in nearby, providing a strong foundation for future improvements. The front paddock features packed Class 5 footing, and pastures are seeded with a quality pasture mix. The heated 3-car garage adds functionality with a double bay depth of approximately 23’ and an extended third stall at 26’ deep, complete with a floor drain and utility sink. This property offers a rare combination of newer construction, acreage, scenic views, and infrastructure already in place—ideal for those seeking a hobby farm, equestrian property, or additional space with room to grow.
Getting Around
Schools
Construction
Condition
- Year built: 2018
Materials
- Roof: Age 8 Years or Less
- Construction materials: Concrete
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Cooktop,Dishwasher,Dryer,Exhaust Fan,Gas Water Heater,Water Filtration System,Microwave,Refrigerator,Stainless Steel Appliance(s),Wall Oven,Washer,Water Softener Rented
- Laundry features: Laundry Room,Main Level
Basement
- Has basement: Yes
- Basement: Daylight,Drain Tiled,Finished,Concrete,Sump Pump,Walk-Out Access
Bedroom
- Level: Main
- Area: 232
- Dimensions: 14.5x16
Bedroom2
- Level: Main
- Area: 192
- Dimensions: 16x12
Bedroom3
- Level: Main
- Area: 182
- Dimensions: 14x13
Bedroom4
- Level: Lower
- Area: 182
- Dimensions: 14x13
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Deck
- Level: Main
Dining Room
- Level: Main
- Area: 165
- Dimensions: 10x16.5
Family Room
- Level: Lower
- Area: 460
- Dimensions: 23x20
Features
- Number of fireplaces: 2
- Fireplace features: Family Room,Gas,Living Room
- Fireplace: Yes
- Finished area below ground: 2,000
- Finished area above ground: 2,165
Foyer
- Level: Main
- Area: 112
- Dimensions: 14x8
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 4,330
- Total interior livable area: 4,330 sqft
Kitchen
- Level: Main
- Area: 272.25
- Dimensions: 16.5x16.5
Living Room
- Level: Main
- Area: 357
- Dimensions: 21x17
Other
- Level: Main
- Area: 57.75
- Dimensions: 10.5x5.5
Porch
- Level: Main
Study
- Level: Main
- Area: 161
- Dimensions: 14x11.5
Walk In Closet
- Level: Main
- Area: 120
- Dimensions: 15x8
Property
Accessibility
- Accessibility features: Doors 36"+
Details
- Parcel number: 080690070
- Zoning description: Residential-Single Family
- Foundation area: 2165
Features
- Levels: One
- Stories: 1
- Pool features: None
- Patio & porch: Deck,Front Porch
- Fencing: Electric,Wood
- Topography of land: Gently Rolling
Lot
- Lot size: 9.75 Acres
- Features: Suitable for Horses
- Lot size dimensions: 1296 x 327 x 1294 x 327
Parking
- Total spaces: 3
- Parking features: Attached,Gravel,Asphalt,Garage,Heated Garage,Insulated Garage
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
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
- Cold Wave
- Hail
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Scott County and Minnesota
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $7,079 | $84,948 |
| Home Insurance * | $834 | $10,008 |
| Property Taxes | $768 | $9,216 |
| Electricity | $365 | $4,382 |
| Total | $9,046 | $108,552 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-14 | Listed for sale | $1,500,000 |
| 2025-11-18 | Listing removed | $1,537,000 |
| 2025-09-29 | Listed for sale | $1,537,000 |
| 2019-04-29 | Sold | $753,778 |
| 2019-01-10 | Sold | $753,779 |
| 2014-06-17 | Sold | $142,500 |
| 1999-02-03 | Sold | $395,000 |
| 1998-03-17 | Sold | $165,000 |
