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27241 Pete's Hill Trail, Elko New Market, MN 55020

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For Sale

$134,900

0.26 acres

Estimated Payment

$ 824 /mo. †

6.76% APR for 30 yrs.
$1,480 in taxes
Change Loan Terms

  • Other Residential
    Property type

  • 0.3 acres
    Lot size

Explore this Property

Incredible opportunity to build your dream home in a prime location! Situated at the highest point in Scott County with breathtaking views and spacious lots, Pete's Hill offers the ideal setting for a custom single-family home. With lot sizes of up to 110 feet in width, you'll have ample space to design and construct the home you've always envisioned, without the constraints often associated with smaller lots. Additionally, the community's trails provide convenient access to nearby amenities and offer a space for you to connect with your neighbors at Pete's Hill Park. The proximity to Interstate 35 ensures easy access to major transportation routes, while being within the acclaimed Lakeville school district adds to the appeal for families. Bring your own builder - this opportunity presents the chance to create a truly unique and personalized living space in a desirable location.
MLS# 6490607

Courtesy Of Keller Williams Preferred Realty

(952) 746-9696

Property Features

  • Architecture Style
    Other
  • Lot Size
    0.26 Acres

Map and Directions

Directions to 27241 Pete's Hill Trail, Elko New Market, MN 55020

Home seller CENTURY 21 Affiliated

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Affiliated

(715) 386-8207
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $701
  • Property Taxes
    $123
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $824

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

John F. Kennedy Elementary School

Grades KG-5 Public School

Lakeville, MN 55044 7.1 miles
21240 holyoke ave

470 total students
14:1 Student teacher ratio

School Rating: B-

School Details

Mcguire Middle School

Grades 6-8 Public School

Lakeville, MN 55044 7 miles
21220 holyoke ave

817 total students
18:1 Student teacher ratio

School Rating: B-

School Details

Lakeville South High School

Grades 9-12 Public School

Lakeville, MN 55044 6.4 miles
21135 jacquard ave

1888 total students
17:1 Student teacher ratio

School Rating: A-

School Details
Other Nearby Schools Distance Type Grades School Rating
Eagle View Elementary 3 miles Public EE-5 B+
Glory Academy 3 miles Private PK-11
Holy Cross Catholic School 3.7 miles Private KG-8

Eagle View Elementary

Distance: 3 miles

Type Public

Grades: EE-5

B+

Glory Academy

Distance: 3 miles

Type Private

Grades: PK-11

Holy Cross Catholic School

Distance: 3.7 miles

Type Private

Grades: KG-8

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Elko New Market, MN 55020

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Elko New Market, MN 55020

This community’s employment is highest in the transportation and construction industries. The area’s overall household expenses are above the national average.

83° July
Hottest Average Month
3° January
Coldest Average Month
1,741 Total Households in Area
4.2% Increase in population since the year 2010
58.4%
of households
have children
26 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Elko New Market, MN 55020

Elko New Market, MN 55020 has a population of 5,264 people in 1,741 households with a median age of 36.3 years old.

4.2%
Increase in population
since the year 2010
Population is Trending up
1,631
Total households as of 2010
7.2%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 36.3 years old. The smallest percentage group is 45-54 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 89%
Hispanic 3%
Asian 2%
Other 1%
Black 1%
Native American <1%
The most prevalent ethnicity is White at 89%, followed by Hispanic at 3%, Asian at 2%, and Other at 1%.

Economics
for Elko New Market, MN 55020

211 /sq mi
Population Density
$135,789 /yr
Median Household Income
$429,950
Median Sales Price
26 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 23.67% of the households.

Transportation to Work

  • Drive 81%
  • Work from Home 17%
  • Public Transit 1%
  • Walk or Bike 1%

Occupancy by Type

Owned 1,698 96%
Rented 42 2%
Vacant 32 2%

White vs Blue Collar Jobs







White Collar 83%
Blue Collar 17%

Family & Education Facts
for Elko New Market, MN 55020

36.3 Median Age

Average Household Size

3
persons per
household

80.6%

Married Households

Community Population By Education

Bachelors Degree 30%
Associates Degree 19%
Some College 17%
Graduate Degree 17%
High School Graduate 13%
Some High School 4%
Of the total people surveyed, the most prevalent educational attainment level is Bachelors Degree, representing 30.2% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
58.4% of households have children

Weather
for Elko New Market, MN 55020

The weather for this area ranges from a high of 83° F in July to a low of 3° F in January

83° July
Hottest Average Month
3° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
3°
22°
Feb
8°
27°
Mar
21°
40°
Apr
35°
57°
May
47°
70°
Jun
56°
79°
Jul
61°
83°
Aug
59°
81°
Sep
50°
72°
Oct
38°
60°
Nov
24°
41°
Dec
10°
27°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Elko New Market, MN 55020!
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Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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