24391 Panama Avenue Elko New Market, MN 55020

$869,000
Active
estimated monthly payment
5 Beds  |  3 Baths  |  2,489 Sq Ft  |  Single Family  |  MLS # 7056183
Open House(s)
Sat, Apr. 25 10:30am to 1:00pm
  • 10 Acres of Serene Privacy!
    10 Acres of Serene Privacy!
  • High-end Exterior Updates James Hardie Siding LP Trim Andersen Windows New Roof
    High-end Exterior Updates James Hardie Siding LP Trim Andersen Windows New Roof
  • 36 x 54 Heated Insulated with Concrete Floors Outbuilding. 12'W x 10'H door with electric opener and 12' inner side walls
    36 x 54 Heated Insulated with Concrete Floors Outbuilding. 12'W x 10'H door with electric opener and 12' inner side walls
  • An unforgettable idyllic drive up to the home off of a tar road - no dirty cars!
    An unforgettable idyllic drive up to the home off of a tar road - no dirty cars!
  • Drive out to West Full Bloom.png
    Drive out to West Full Bloom.png
  • Rain on Horizon over the Pond
    Rain on Horizon over the Pond
  • Spring Trees in Bloom.png
    Spring Trees in Bloom.png
  • Relax and take in western sunsets over your own pond
    Relax and take in western sunsets over your own pond
  • Enter and take in the fully updated exterior through the upgraded front entry!
    Enter and take in the fully updated exterior through the upgraded front entry!
  • Granite counters surrounding kitchen w/ gorgeous backsplash
    Granite counters surrounding kitchen w/ gorgeous backsplash
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    009_file_2140.jpg
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    011_file_2350.jpg
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    006_file_4447.jpg
  • 005_file_8745.jpg
    005_file_8745.jpg
  • 007_file_6942.jpg
    007_file_6942.jpg
  • Dining area to upper (future) deck
    Dining area to upper (future) deck
  • Primary Bedroom w/ vanity wing
    Primary Bedroom w/ vanity wing
  • Primary connects to ensuite private bathroom and walk-in closet
    Primary connects to ensuite private bathroom and walk-in closet
  • Primary ensuite bathroom
    Primary ensuite bathroom
  • Bedroom 2
    Bedroom 2
  • Upper main level full bathroom
    Upper main level full bathroom
  • Upper level bedroom 3
    Upper level bedroom 3
  • 1000012408.jpg
    1000012408.jpg
  • hall-tree-front-entry.jpg
    hall-tree-front-entry.jpg
  • Lower-level-Rec-family room.jpg
    Lower-level-Rec-family room.jpg
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    023_file_9233.jpg
  • 1000012413.jpg
    1000012413.jpg
  • Lower level bathroom with custom tiled walk-in shower
    Lower level bathroom with custom tiled walk-in shower
  • Lower level large bedroom
    Lower level large bedroom
  • Laundry utility room
    Laundry utility room
  • Aerial 11.jpg
    Aerial 11.jpg
  • Approximate parcel highlight
    Approximate parcel highlight
  • Aerial 1.jpg
    Aerial 1.jpg
  • Aerial 3.jpg
    Aerial 3.jpg
  • Aerial 14.jpg
    Aerial 14.jpg
  • Aerial 13.jpg
    Aerial 13.jpg
  • 10 Back.jpg
    10 Back.jpg
  • 11 Back.jpg
    11 Back.jpg
  • 12 Back.jpg
    12 Back.jpg
  • 15 Patio.jpg
    15 Patio.jpg
  • Rear garden
    Rear garden
  • Front landscaping
    Front landscaping
  • Apple trees
    Apple trees
  • And Pear trees throughout the property
    And Pear trees throughout the property
  • Maiden grass
    Maiden grass
  • Winter Drive in.png
    Winter Drive in.png
  • Trumpeter Swans and Waterfowl views from the front yard
    Trumpeter Swans and Waterfowl views from the front yard
  • Twilight
    Twilight
  • Upper level floorplan
    Upper level floorplan
  • Lower level floorplan
    Lower level floorplan

About The Listing

Prepare for a complete lifestyle change as you experience unmatched privacy and natural beauty on this stunning 10-acre estate. Your journey begins on a tar road and winds through a picturesque, fruit-tree-lined drive—especially breathtaking during spring bloom—setting the tone for the peaceful retreat that awaits. Tucked among mature trees and overlooking a scenic pond, this property offers daily encounters with wildlife, from waterfowl on the water to deer and turkey at sunrise, all enjoyed from panoramic kitchen views. Evenings bring unforgettable western sunsets, casting a warm glow across your semi-private pond.

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, new carpet in most rooms, 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 a 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 finished ¾ bath with a tiled walk-in shower.

The fully finished 36x54 heated and insulated steel outbuilding, complete with concrete floors and a separate electrical panel, provides exceptional space for a workshop, storage, or hobbies.

Located in the highly sought-after New Prague School District, this property blends refined updates with peaceful country living—an exceptional opportunity to own your own private retreat that doesn't come up often!


Listing courtesy of Steven Eischens, eXp Realty
Purchase Price
Loan Type
Down Payment
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Active
Contingency Type: None
Year Built: 1992
MLS #: 7056183
Bedrooms: 5
Square Feet: 2,489
Bathrooms (Full): 1
Price Per Square Foot: $349
Bathrooms (Half) : 0
Bathrooms (Three Quarters) : 2
Garage Spaces: 6
Parking Description: Attached Garage, Detached Garage, Gravel, Electric, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages
Sewer Description: Mound Septic, Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
Air Conditioning Type: Central Air
Water: Private, Well
Heat Type: Forced Air
Basement: Block, Egress Window(s), Finished, Full, Storage Space, Tile Shower, Walkout
Foundation Type: Block
Construction Description: Block, Frame
Roof Description: Age 8 Years or Less, Architectural Shingle, Asphalt
Days On Market (Continuous): 0
Disability Features: None
Latest Update: 04/21/2026
List Date: 04/20/2026
Listing Agent ID: 503516643
Listing Office: eXp Realty
Listing Office ID: 26719
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Dishwasher, Dryer, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Tankless Water Heater, Washer, Water Softener Owned
Laundry Features: Electric Dryer Hookup, Lower Level, Sink, Washer Hookup
Number of Fireplaces: 0
Exterior Features: Cement Board, Engineered Wood, Shakes
Lot Dimensions: 1283x344
Lot Size: 10.13 Acres
Lot Features: Tree Coverage - Heavy
View Description: West
Waterfront: Pond
School District: New Prague Area Schools
Tax Year: 2025
Estimated Taxes: $3,612
Contingency Type: None
City: Elko New Market
Zip: 55020
County: Scott
State: MN
Listing last updated: 04/21/26

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