Residential Land with Home for Sale in Chisago City, Minnesota

Rarely does a property like this come to market. Set on over five acres with direct Green Lake frontage, this estate delivers the kind of space, privacy, and upside that's getting harder to find on the Chisago Lakes Chain. With more than 5 acres of land, a 40x50 pole barn, and over 3,000 square feet of combined garage space, this property is built for big plans, renovation, expansion, income, or redevelopment.

The existing three-bedroom, two-bath home (built in 1987) sits on a solid foundation and is primed for a value-add transformation. Renovate the interior and exterior to create a modern luxury lake home, finish the lower level for additional living space, bedrooms, recreation areas, and entertaining zones, or explore an addition to increase total square footage and elevate the property into a true premier lakefront estate.

For buyers focused on cash flow, the layout and setting also create a compelling opportunity to reposition the home as a luxury lakefront vacation rental--leveraging the acreage, the shoreline, and the recreational draw of Green Lake, while also exploring additional income potential by renting out the pole barn for storage or specialty use.

Developers and builders will recognize another major upside: the parcel may offer the potential to be divided into three to four 1+ acre lots with the opportunity to build multiple single-family homes--similar to development activity seen on the neighboring parcel (buyer to verify subdivision and building feasibility with the city/county).

Financing flexibility adds another layer of opportunity: the loan is assumable, and the seller is open to creative terms, making this a rare lakefront offering with both asset upside and deal-structure options. Minutes from downtown Chisago City and within easy reach of the Twin Cities, this is a true value-add lake property with multiple paths to create long-term wealth and legacy. Buyer agent to verify all measurements.