For Sale: Byron MLS# 7032685
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Property Description
Builder/Investor Opportunity for a Townhome Project in the Somerby Golf Community in Byron, MN. Located just 10 miles west of Downtown Rochester, the Belvior Townhome Community is located within the Somerby Master Planned Golf Community. The lots are fully complete and permit ready. Plans for the townhome units are pre-approved with the community architectural review committee.
The 12 lots are shown below and represent four (4), three-unit buildings to be completed. Approved architectural details available upon request.
The townhomes built within the community are rambler walkout style units, with three bedrooms plus office layouts with two and three car garage options. Represents a fantastic opportunity for an investor or builder to secure a housing project and ready inventory to build new homes in the Rochester, MN area currently experiencing a significant increase in population and housing activity with the continued growth of the area with investments and expansions related to the Mayo Clinic $5 Billion expansion plans.
Residents who live within the Somerby Community are within a 15-minute drive to the Mayo Clinic Campus in Downtown Rochester. In addition, as Somerby Community residents, every owner is granted a social membership in the club via the HOA where they can enjoy all the features and amenities available in the Club. The link below provides additional details on the Somerby Community and Club Amenities.
Tax information is single lot only - all 12 lots are $7, 224 yearly for taxes.
Contact Agent for Additional Details and Seller Financing Options.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$650,000
Property Type:
Lot/Land
City:
Byron
County:
Olmsted
State:
MN
Property Style:
Lot/Land
Zip Code:
55920
Subdivision Name:
Belvior At Somerby 2nd Add Cic
Lot & Land
Acres:
0.08
Geolocation:
44.0468564158, -92.6290133095
Inclusions:
Platted
Lot Dimensions:
40 x 80 x 40 x 80
Restrictions:
Open
Zoning:
Residential-Multi-Family
Farm
Topography:
Walkout
Schools
School District:
1922
District Phone:
5077752383
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$602
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$602
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Finished Lot(s)
Improvements:
Curbs, Paved Streets
Available Utilities:
- Cable Available
- Cable Connected
- Electricity Available
- Electricity Connected
- Natural Gas Available
- Natural Gas Connected
- Phone Available
- Phone Connected
- Sewer Available
- Sewer Connected
- Water Available
- Water Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Terrace Realty Partners.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.