2331 Budd Street, Independence, MN 55359

New Listing

$4,995,000

12+ acres of subdividable lakefront land with 600+' on Lake Independence — approximate property lines

The whole picture: acreage, lake frontage, and possibility!

Uninterrupted lake views across 600+' of private frontage.

600+' of shoreline on Lake Independence, right in your backyard.

Direct lake access for easy recreational access.

This lot features flat and buildable topography, shape this property into whatever you envision.

12+ acres of usable land, minutes from the 494 loop.

Flat, usable shoreline ideal for a dock, beach, or lakeside living.

This lot has acreage, frontage, and possibility!

Peaceful acreage, just minutes from everyday convenience.

A rare combination of acreage and 600+' of shoreline.

12+ acres with 600+' of shoreline provide endless potential.

Room to roam with 12+ acres of usable land.

Buildable land, ready for whatever you dream up.

Existing structures on the property, including a home and barn.

Lake Independence right outside your door.

With 12+ acres this lot adapts to your plans.

Quiet, open acreage tucked minutes away from the 494 loop.

The space to build something truly your own.

Subdivide, build, or keep the 12+ acres all to yourself.

12+ acres with no covenants or restrictions holding you back.

12+ acres of subdividable lakefront land with 600+' on Lake Independence.

Watch the sunset over Lake Independence from your own backyard.

A bird's-eye look at this rare, subdividable acreage.

A barn from the property's original era remains on-site, offering a unique piece of history.

Property Type: Land Lot Size (sq. ft.): 526,640 Status: Active

Current Price: $4,995,000 List Date: 9/18/2026 Last Modified: 9/21/2026

Overview

Description

Last traded in the 1940s, this is a generational opportunity to own one of the few remaining, subdividable, lakefront, acreage estates on recreational water, within the Twin Cities Metro. At this serene site, it feels like you're hours outside of a city center, yet you're only 15 minutes from the 494 loop, set within the award winning, Orono School District. Carve out your dream on a property that has no covenants, restrictions, or HOAs. The property features 12+ acres, 600+' of frontage on Lake Independence, and ideal topography with significant, flat, usable land at the lake grade which extends in approximately 100' before the hill takes you up to higher ground where the potential build configurations and combinations are endless. Subdivide and sell, create a family compound, start your family farm, or imagine an equestrian estate, residence, and lakefront cabin all-in-one. This property can be split in half creating two, approximately 6 acre lots, each with 300’ of lake frontage, ... (Read more)

Listing Details MLS# 7135757

General Property Information

Comp Sale YN: No
Development: No
Lot Measurement: Acres
Multiple PIDs?: No
Plat Recorded: No
Road Btwn WF & Home?: No
Waterfront Frontage: 600
Waterfront YN: Yes
Yearly/Seasonal: Yearly
Zoning: Other
Lot Dimensions: 511' x 876' x 600' x 1011'
Acres: 12.09
Lake/Waterfront Name: Independence
Assessment Pending: No

Property Features

Available Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected Development Status: Raw Land Improvements: None Land Inclusions: None Lock Box Type: None Sellers Terms: Cash; Conventional; Special Funding Topography: Gently Rolling Waterfront Type: Lake Front Waterfront View: North

Contract Information

Contingency: None
Original List Price: 4995000
ListPrice: 4995000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 2331
Street Name: Budd
Street Suffix: Street
Postal City: Independence
County: Hennepin
State: MN
Zip Code: 55359

Acreage Information

Taxable Acres: 12

Assessments

Tax With Assessments: 12413

More Information

Builder Information

Builder Restrictions: Open

Lake Details

Lake Acres: 832
Lake Depth: 58

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Public Survey Info

Range#: 24
Section#: 24
Township#: 118

Listing Office: Leyendecker Realty

Last Updated: September - 21 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

2331 Budd Street, Independence, MN 55359 (MLS# 7135757)