17471 Johnson Memorial Drive
About This Property
Discover a rare opportunity to own a stunning wooded bluff property nestled just south of Shakopee and north of Jordan. This scenic parcel offers the perfect blend of privacy, natural beauty, and convenience-an ideal setting for your dream home.
Perched above the Minnesota River Valley, the land features mature hardwoods, rolling terrain, and scenic elevated views that shift beautifully with the seasons. A quiet place to reconnect with nature, this
property delivers unmatched potential.
Enjoy the tranquility of rural living while staying close to everything: quick access to Hwy 169, minutes from local shops and dining, and an easy commute to the Twin Cities. Outdoor enthusiasts will appreciate nearby parks, trails, and river access.
A property like this-private, wooded, and perfectly located-doesn't come along often. Come walk the land and imagine the possibilities. Scott County zoning transition area (1 per 10 cluster). See supplement.
Listed By
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 1, 2026 | Listed by Edina Realty, Inc. | $1,365,000 | |
| Listed by Edina Realty, Inc. | |||
| Aug 9, 2019 | No longer available | - | |
| No longer available | |||
| Jan 20, 2019 | Listed | $1,150,000 | |
| Listed | |||
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An amazing personal or investment opportunity to own 114+ acres just north of downtown Jordan & less than 15 minutes from Shakopee. Acreage is just off of Highway 169 w/ amazing views of the river valley. Rolling hills w/ a beautiful creek flowing through the property & plenty of flat tillable land which is rented. The property was originally set up to raise Arabian horses as a hobby farm & could easily be transformed into your own private getaway. Property is zoned for Urban Expansion Reserve.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017