
Land with Home for Sale in Cedar Lake Township, Minnesota
24391 Panama Ave, Cedar Lake Township, MN 55020
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.
Location
- Street address
- 24391 Panama Ave
- County
- Scott County
- Zip code
- 55020
- Elevation
- 1,015 feet
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.
Property details
- Acreage
- 10.13 acres
- Zoning
- Residential-Single Family
- MLS #
- RMLS 7056183
- Posted
Property taxes
- 2025
- $3,612
Parcels
- 039140074
Legal description
SECTION 14 TOWNSHIP 113 RANGE 022 S1/2 N1/2 SW1/4 NW1/4
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Exterior
- Parking
- Driveway, Garage, Garage-Attached, Garage-Detached, Heated
- Features
- Cement Board, Engineered Wood, Shakes
Structure
- Heating
- Forced Air
- Cooling
- Central Air
- Materials
- Block, Frame
- Roof
- Asphalt, Shingle
Interior
- Room Count
- 12
- Rooms
- Bathroom x 3, Bedroom x 5
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water-Softener
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| June 9, 2026 | Price drop | $829,000 | $30,000 -3.5% | RMLS |
| May 28, 2026 | Price drop | $859,000 | $10,000 -1.2% | RMLS |
| Apr 22, 2026 | New listing | $869,000 | — | RMLS |















































