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.
Single Family
- Price
- $ 1,399,999
- City
- Elko New Market
- Bedrooms
- 4
- Full Bathrooms
- 3
- County
- SCOTT
- Half Bathrooms
- 1
- Area
- Schalwig 1st Add
- Lot Size
- 9.75 Acres
- Zip
- 55020
- Sqr Footage
- 4,165
- Year Built
- 2018
- Taxes
- $ 6404
- Style
- Single Family
- MLS#
- 7028042
Features
General
Interior Features
Exterior Features
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Affordability Calculator
$3,786
Per MonthBased on the average sale price from the Faribault, MN office
- Monthly Principal & interest $2,658
- Monthly Property Taxes $1,062
- Monthly Home Insurance $67
Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
Schools
Price History
Property vs Zip Code Average in 55020
Areas That We Cover
- Belle Plaine
- Blakeley Twp
- Blooming Prairie
- Bridgewater Twp
- Cedar Lake Twp
- Credit River Twp
- Dennison
- Dundas
- Elko New Market
- Ellendale
- Erin Twp
- Faribault
- Forest Twp
- Helena Twp
- Jordan
- Kilkenny
- Lakeville
- Lonsdale
- Louisville Twp
- Medford
- Montgomery
- Morristown
- Nerstrand
- New Market Twp
- New Prague
- Northfield
- Northfield Twp
- Owatonna
- Prior Lake
- Saint Lawrence Twp
- Sand Creek Twp
- Savage
- Shakopee
- Shieldsville Twp
- Somerset Twp
- Spring Lake Twp
- Veseli
- Warsaw
- Waseca
- Waterville
- Webster
- Webster Twp
- Wells Twp
7604 E 250th Street Elko New Market, MN is a Single Family Home for sale at $1399999 with 4165 sqft and a lot size of 9.75 Acres Acre(s). 7604 E 250th Street Elko New Market has 4 bedrooms, 3 baths and was built in 2018. The property's zip code is 55020 which is in Elko New Market, MN
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.