4895 Nw 21st Avenue

Medford, MN
$ 650,000 Beds 4 Baths 1.5 Sq 2,214
Monthly Estimate* How much can I afford?

Finding an acreage that combines a country home, substantial river frontage, open ground, recreational opportunities and convenient access to Owatonna is not an everyday occurrence. This 30.88+/- acre Steele County property near Medford brings those features together with more than 1,250+/- feet of frontage along the Straight River, a four-bedroom home, paved road access and a mix of open and wooded ground. The Straight River is one of the property's defining features. More than 1,250+/- feet of river frontage creates opportunities to fish, explore the shoreline, watch wildlife or simply spend time along the water. Down near the river is a scenic area that has been used as a place to park a camper, creating a recreational base separate from the home. It is easy to picture spending an evening along the river, sitting around a campfire or having morning coffee while listening to the water and watching the woods come to life. The property also offers a strong recreational component. Deer sign is evident throughout the property, and the combination of river frontage, timber, edge habitat and open ground gives wildlife multiple reasons to travel through and use the acreage. For someone who enjoys hunting close to home, the property offers the ability to walk out the door and spend time outdoors without having to drive to another parcel. Approximately 10+/- acres of open ground add another dimension to the property. These areas could potentially be used for pasture, hay, tillable production, food plots or other agricultural and recreational purposes. That flexibility makes the property an appealing hobby farm option for someone looking for room for animals, equipment and outdoor projects while still having wooded and riverfront acreage to enjoy. The property also has an active mining lease that provides potential for future income. Located on the south end of the acreage is a two-story home originally built in 1929. The home offers four bedrooms and 1.5 bathrooms, providing a traditional country-home setting to go along with the land. The home could be your primary residence or possibly use the entire property as an investment and recreational property. Paved road frontage is another practical advantage. Country properties with this much land and river frontage can sometimes require miles of gravel roads, but this property offers paved access while retaining its rural setting. Location is another part of the story. Medford is only a short drive away, and Owatonna is also quickly accessible for shopping, dining, employment and everyday services. Outdoor enthusiasts will recognize the Owatonna Bass Pro Shops just off I-35, while the Medford area provides convenient access to I-35 for travel north toward the Twin Cities or south through southern Minnesota. The property sits in an interesting position for someone who wants country living without feeling disconnected. Spend the morning checking trail cameras or walking along the Straight River, work around the open acreage during the afternoon and finish the day down by the river. When groceries, supplies, restaurants or other services are needed, Medford and Owatonna are close by. What stands out to me is how many different uses are represented within this acreage. This is not simply a house with a large yard, nor is it solely hunting ground or agricultural acreage. There is a four-bedroom home, more than 1,250+/- feet of Straight River frontage, 10+/- acres of open ground, wildlife habitat, paved access, a camper area near the river and an active mining lease with potential future income. For buyers searching for a Steele County acreage with a residence, hobby farm possibilities, hunting and recreational ground, river frontage and convenient access to Medford and Owatonna, this property offers a combination worth taking a closer look at.

Single Family

  • Price
  • $ 650,000
  • City
  • Medford
  • Bedrooms
  • 4
  • Full Bathrooms
  • 1
  • County
  • STEELE
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 30.88 Acres
  • Zip
  • 55049
  • Sqr Footage
  • 2,214
  • Year Built
  • 1929
  • Taxes
  • $ 4766
  • Style
  • Single Family
  • MLS#
  • 7142085
Listed By: Whitetail Properties Real Estate
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2214
Sewer Private Sewer
Heating Hot Water
Cooling Ductless Mini-Split
Garage Spaces 2
Year Built 1929
Levels Two
Property Subtype Single Family
Tax Year 2026
Waterfront Features River Front
Accessibility None
County Steele
New Construction No
Property Type Residential
HOA No
Contingency None
Full Baths 1
Directions rom Medford,head out on Central Ave W and continue onto N County Rd 45 for about a mile and a half. Turn left onto NW 21st Ave. The property is on the left.
City Medford
High School District Medford
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4766
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
PostalCity Medford

Interior Features

Basement Unfinished
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 2214
Half Baths 1
Total Bedrooms 4
Total Baths 2
Fuel Propane
Garage Square Feet 1360

Exterior Features

Parking Features Detached Garage
Water Source Well
Lot Size Area 30.88
Building Area Total 3700
Waterfront Y/N Yes
Foundation Area 1486
Cultivated Area 10

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

9/10/2026 Listed $650,000

Property vs Zip Code Average in 55049

Price
AVG $380K
$650K
Taxes
AVG $4,267
$4,766
Year Built
AVG 1975
1929
Visits
AVG 129
5
Data Provided by Inside Real Estate®

4895 Nw 21st Avenue Medford, MN is a Single Family Home for sale at $650000 with 2214 sqft and a lot size of 30.88 Acres Acre(s). 4895 Nw 21st Avenue Medford has 4 bedrooms, 1 baths and was built in 1929. The property's zip code is 55049 which is in Medford, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.