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24391 Panama Avenue, Elko New Market, MN 55020

$829,000

High-end Exterior Updates James Hardie Siding LP Trim Andersen Windows New Roof

Virtual Tour

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Virtual Tour

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An unforgettable idyllic drive up to the home off of a tar road - no dirty cars!

36 x 54 Heated Insulated with Concrete Floors Outbuilding. 12'W x 10'H door with electric opener and 12' inner side walls

10x12' electric open garage door. Full sheet metal inner 12'H walls.

Relax and take in western sunsets over your own pond

Enter and take in the fully updated exterior through the upgraded front entry!

Granite counters surrounding kitchen w/ gorgeous backsplash

Primary connects to ensuite private bathroom and walk-in closet

Lower level bathroom with custom tiled walk-in shower

Trumpeter Swans and Waterfowl views from the front yard

Property Type: Residential Bedrooms: 5 Baths: 3 Square Footage: 2,652 Lot Size (sq. ft.): 441,263 Status: Active

Current Price: $829,000 List Date: 4/21/2026 Last Modified: 6/09/2026

Overview

Description

Rarely does a property offer this combination of acreage, outbuilding space, and location. Set on 10 beautiful acres in the New Prague School District, this property features a fully finished 36x54 heated and insulated shop with concrete floors and a separate electrical panel—perfect for hobbyists, business owners, storage, or recreation with plenty of room to expand the shop if desired. You'll discover a peaceful country retreat tucked among mature trees and overlooking a scenic pond. A picturesque tree-lined gravel drive welcomes you home, while daily encounters with wildlife, including deer, turkey, and waterfowl, create a setting that feels miles away from the everyday. Evenings bring breathtaking western sunsets that cast a warm glow across the pond and surrounding landscape. No expense has been spared in the home's extensive updates. The exterior showcases premium James Hardie siding, engineered shakes and trim, a new roof, upgraded exterior doors, and all-new high-end Anders ... (Read more)

Listing Details MLS# 7056183

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Waterfront Present: No
Year Built: 1992
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: 2
Main Floor Total SqFt: 1353
Above Grd Total SqFt: 1353
Below Grd Total SqFt: 1299
Total SqFt: 2652
Total Finished Sqft: 2489.00
FireplaceYN: No
Style: (SF) Single Family
Foundation Size: 1353
Garage Stalls: 6
Lot Dimensions: 1283x344
Acres: 10.13
Assessment Pending: No
Number of Fireplaces: 0
Bath Half: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Cable; Ceiling Fan(s); Exercise Room; Hardwood Floors; Kitchen Window; Main Floor Primary Bedroom; Natural Woodwork; Paneled Doors; Panoramic View; Patio; Porch; Primary Bedroom Walk-In Closet; Security Lights; Tile Floors; Vaulted Ceiling(s); Walk-In Closet; Washer/Dryer Hookup Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer; Water Filtration System Assumable Loan: Not Assumable Basement: Concrete Block; Egress Windows; Full; Storage Space; Tile Shower Bath Description: Upper Level 3/4 Bath; Upper Level Full Bath; 3/4 Primary; Private Primary; 3/4 Basement; Bathroom Ensuite; Walk-In Shower Stall Construction Materials: Block; Frame Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Kitchen/Dining Room; Living/Dining Room Electric: 150 Amp Service; Circuit Breakers Existing Financing: Conventional Exterior: Cement Board; Engineered Wood; Shakes Family Room Characteristics: 2 or More; 2 Story/High/Vaulted Ceilings; Family Room; Lower Level; Main Level Foundation: Concrete Block Fuel: Natural Gas; Propane Heating: Forced Air Internet Options: Fiber Optic Laundry: Electric Dryer Hookup; Lower Level; Sink; Washer Hookup Lock Box Type: Combo Lot Description: Tree Coverage - Heavy Outbuildings: Additional Garage; Machine Shed Parking Characteristics: Finished Garage; Multiple Garages; Garage Door Opener; Heated Garage; Insulated Garage Road Frontage: County Road Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Architectural Shingle; Asphalt Shingles Sellers Terms: Adj. Rate/Gr Payment; Cash; Conventional; VA Sewer: Mound Septic; Private Sewer; Septic System Compliant - Yes; Tank with Drainage Field Special Search: 3 BR on One Level; Divided Bdr Flr Plan; Primary Bdr Suite Stories: Bi-Level Water: Private; Well Waterfront View: West

Contract Information

Contingency: None
Original List Price: 869000
ListPrice: 829000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 24391
Street Name: Panama
Street Suffix: Avenue
Postal City: Elko New Market
County: Scott
State: MN
Zip Code: 55020

Assessments

Tax With Assessments: 3612
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1353
Finished SqFt Below Ground: 1136

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: Yes

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 22x22
Garage Square Feet: 484
Finished Garage: Yes
Multiple Garages: Yes
Garage Door Opener: Yes
Heated Garage: Yes
Insulated Garage: Yes

Public Survey Info

Range#: 22
Section#: 14
Township#: 113

Office/Member Info

Association: SEMR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: SECTION 14 TOWNSHIP 113 RANGE 022 S1/2 N1/2 SW1/4 NW1/4
Listing City: Elko New Market
Map Page: 189
Municipality: Cedar Lake Twp
School District: New Prague Area Schools
School District Phone: 952-758-1700
Zip Plus 4: 9539
Property ID Number: 039140074
Tax Year: 2025
Tax Amount: 3612
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Rarely does a property offer this combination of acreage, outbuilding space, and location. Set on 10 beautiful acres in the New Prague School District, this property features a fully finished 36x54 heated and insulated shop with concrete floors and a separate electrical panel—perfect for hobbyists, business owners, storage, or recreation with plenty of room to expand the shop if desired. You'll discover a peaceful country retreat tucked among mature trees and overlooking a scenic pond. A picturesque tree-lined gravel drive welcomes you home, while daily encounters with wildlife, including deer, turkey, and waterfowl, create a setting that feels miles away from the everyday. Evenings bring breathtaking western sunsets that cast a warm glow across the pond and surrounding landscape. No expense has been spared in the home's extensive updates. The exterior showcases premium James Hardie siding, engineered shakes and trim, a new roof, upgraded exterior doors, and all-new high-end Andersen windows. Inside, you'll find solid paneled hardwood doors, rich oak trim, and beautifully updated bathrooms throughout. The bright, welcoming kitchen features granite countertops and stainless steel appliances and flows seamlessly into the home's functional layout. The upper level offers a spacious primary suite with a walk-in closet, vanity area, and stunningly updated ensuite bath, along with two additional bedrooms and a fully updated full bathroom. The walk-out lower level is ideal for entertaining, complete with a large family room and gaming area, two additional bedrooms, and a beautifully re-finished bathroom with a tiled walk-in shower. Properties offering 10 acres, a heated shop, extensive updates, and New Prague Schools are becoming increasingly difficult to find. Don't miss this exceptional opportunity to enjoy the space, privacy, and lifestyle you've been searching for.
Directions: Panama Ave North from 280th (MN-19)to shared driveway on right. Panama Ave South from 220th (CR-8) to shared driveway on left.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Cable: Yes
Ceiling Fan(s): Yes
Exercise Room: Yes
Hardwood Floors: Yes
Kitchen Window: Yes
Main Floor Primary Bedroom: Yes
Natural Woodwork: Yes
Paneled Doors: Yes
Panoramic View: Yes
Patio: Yes
Porch: Yes
Primary Bedroom Walk-In Closet: Yes
Security Lights: Yes
Tile Floors: Yes
Vaulted Ceiling(s): Yes
Walk-In Closet: Yes
Washer/Dryer Hookup: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes
Water Filtration System: Yes

Assumable Loan

Not Assumable: Yes

Basement

Concrete Block: Yes
Egress Windows: Yes
Full: Yes
Storage Space: Yes
Tile Shower: Yes

Bath Description

Upper Level 3/4 Bath: Yes
Upper Level Full Bath: Yes
3/4 Primary: Yes
Private Primary: Yes
3/4 Basement: Yes
Bathroom Ensuite: Yes
Walk-In Shower Stall: Yes

Construction Materials

Block: Yes
Frame: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Eat In Kitchen: Yes
Kitchen/Dining Room: Yes
Living/Dining Room: Yes

Electric

150 Amp Service: Yes
Circuit Breakers: Yes

Existing Financing

Conventional: Yes

Exterior

Cement Board: Yes
Engineered Wood: Yes
Shakes: Yes

Family Room Characteristics

2 or More: Yes
2 Story/High/Vaulted Ceilings: Yes
Family Room: Yes
Lower Level: Yes
Main Level: Yes

Foundation

Concrete Block: Yes

Fuel

Natural Gas: Yes
Propane: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Internet Options

Fiber Optic: Yes

Lake/Waterfront

Pond: Yes

Laundry

Electric Dryer Hookup: Yes
Lower Level: Yes
Sink: Yes
Washer Hookup: Yes

Lock Box Type

Combo: Yes

Lot Description

Tree Coverage - Heavy: Yes

Outbuildings

Additional Garage: Yes
Machine Shed: Yes

Patio, Porch and Deck Features

Front Porch: Yes
Patio: Yes

Road Frontage

County Road: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes
Architectural Shingle: Yes
Asphalt Shingles: Yes

Sellers Terms

Adj. Rate/Gr Payment: Yes
Cash: Yes
Conventional: Yes
VA: Yes

Sewer

Mound Septic: Yes
Private Sewer: Yes
Septic System Compliant - Yes: Yes
Tank with Drainage Field: Yes

Special Search

3 BR on One Level: Yes
Divided Bdr Flr Plan: Yes
Primary Bdr Suite: Yes

Stories

Bi-Level: Yes

Water

Private: Yes
Well: Yes

Waterfront View

West: Yes

Room Information

Room Name	Dimensions	Level
Dining Room	12x10	Upper
Fifth (5th) Bedroom	16x11	Lower
First (1st) Bedroom	17x14	Upper
Fourth (4th) Bedroom	13x14	Lower
Foyer	8x11	Main
Kitchen	20x15	Upper
Living Room	20x15	Upper
Recreation Room	12x24	Lower
Second (2nd) Bedroom	12x11	Upper
Third (3rd) Bedroom	11x10	Upper
Other	36x54

Documents

Floorplan_24391 Panama.pdf ›

Listing Office: eXp Realty

Last Updated: June - 09 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.