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406 7th St NW, Hinckley, MN, 55037

4beds
3baths
4,799sqft
$749,000
$156price/sqft
$5,463/moest. monthly cost
$218,520/yrincome needed

About This Home

Offered for the first time, this spectacular estate includes two adjacent 2.97-acre parcels (nearly 6 acres total), creating a rare opportunity for space, privacy, and possibility within the Hinckley city limits. The custom-built home features a new lifetime-guaranteed roof, genuine oak hardwood floors throughout the main and upper levels, and a stunning two-story, vaulted ceiling, great room with dramatic 2-sided brick gas fireplace and open catwalk above. The spacious kitchen is designed for gathering, complete with black stainless steel appliances and seamless flow into a bright four-season sunroom overlooking woods and beautifully landscaped grounds. The main-level primary bedroom offers an en-suite spa-like retreat with Pearl jetted soaking tub and a custom walk-in tile shower featuring natural bedrock and dual shower heads. Upstairs includes three additional bedrooms and a full bath, while the lower level is built for entertaining with flexible spaces for fitness, games, crafts, and storage. Outdoors, the property truly shines. Professionally landscaped gardens, a developing mini-apple orchard, a raspberry hedge, perennial blooms throughout the seasons, and raised garden beds create a private, nature-filled setting. The second parcel includes a 30’ x 36’ barn with stalls and storage as well as a 12’ x 36’ lean-to adding versatility for a variety of uses. It is thoughtfully divided into multiple fenced areas, offering flexibility for hobby use, recreation, or future customization . Located less than a quarter mile from the Willard Munger State Trail and bordering DNR land along the scenic Grindstone River, this property offers unmatched access to nature and wildlife while still being just minutes from I-35. A truly unique property blending comfort, character, and opportunity. This is a must-see!

Getting Around

3
WalkingCar-Dependent
0
TransitVery Limited Transit
51
BikeBikeable

Schools

3/10
4/10

Construction

Condition

  • Year built: 1997

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Basement

  • Has basement: Yes
  • Basement: Full,Partially Finished

Bedrooms & Bathrooms

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

Features

  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,783

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,799
  • Total interior livable area: 4,799 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 400107002
  • Zoning description: Residential-Single Family
  • Foundation area: 2016

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 5.90 Acres
  • Lot size dimensions: 400 x 600

Parking

  • Total spaces: 3
  • Parking features: Attached
  • 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

  • Cold Wave
    Cold WaveVery High
  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Hail
Strong Wind
Tornado
Heat Wave
Ice Storm
Wildfire
Winter Weather

FEMA Declared Disasters in Pine 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 $3,787$45,444
Home Insurance *$630$7,560
Property Taxes $642$7,704
Electricity $404$4,857
Total$5,463$65,556
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$187,302/yr
40% on housing$163,890/yr
45% on housing$145,680/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: 10.0%
10.0%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$156This listing

vs Other Active Listings

Avg $/sqft

ZIP 55037$152
Pine County$171

vs Homes Sold Last Month

Median $/sqft

ZIP 55037
Pine County$105

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
2026-04-14Listed for sale$749,000
2026-04-14Listing removed$599,000
2026-01-02Price change$599,000
2025-09-25Listed for sale$735,000
1997-10-08Sold$12,000

For Sale by Agent

AgentLuke Hegge
BrokerageLocal Realty Inc.

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