18121 N Diamond Lake Road, Dayton, MN 55327

Overview

Description

A Rare Lakefront Opportunity — Here’s your chance to own one of the most unique and breathtaking properties to hit the market. Situated on 39.87 rolling acres with 2,050' of pristine lakefront, this property offers endless potential - whether you're looking to develop, create a family compound, or build your dream estate from the ground up. The land is open, rolling, and picturesque — wide-open spaces, mature trees, and panoramic water views make it a rare canvas for your vision. Zoned residential with room to expand. An existing home offers one level living and with a little TLC would make a perfect guests house, MIL Suite, or income unit. If the buyer chooses to keep the current residence, the seller is willing to update all windows, doors, deck and siding—a rare and valuable offer to help you make the most of this space. Whether you’re building one dream home or many, there’s no shortage of possibilities—and they all come with shoreline, sunsets, and serenity. View the ... (Read more)

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Road Btwn WF & Home?: No
Waterfront Frontage: 2050
Waterfront YN: Yes
Year Built: 1910
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: Yes
Main Floor Total SqFt: 1303
Above Grd Total SqFt: 1613
Below Grd Total SqFt: 765
Total SqFt: 2378
Total Finished Sqft: 1613.00
FireplaceYN: No
Lake/Waterfront Name: Diamond Lake (Dayton City)
Style: (SF) Single Family
Foundation Size: 765
Garage Stalls: 4
Lot Dimensions: 1,736,737
Acres: 39.87
Number of Fireplaces: 0
Bath Half: 0
Bath Quarter: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: None Basement: Unfinished Construction Status: Previously Owned Exterior: Wood Financing Terms: Cash Foundation: Concrete Block Fuel: Electric Heating: Forced Air Lock Box Type: Combo Sellers Terms: Cash; Conventional Sewer: Private Sewer Stories: One and One Half Water: Well

Contract Information

Off Market Date: 2025-07-08
Contingency: None
Closed Date: 2025-08-29
Original List Price: 1800000
Sales Close Price: 1600000
ListPrice: 1800000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 18121
Street Direction Prefix: N
Street Name: Diamond Lake
Street Suffix: Road
Postal City: Dayton
County: Hennepin
State: MN
Zip Code: 55327

Assessments

Tax With Assessments: 10308
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 1613

More Information

Lake Details

Lake Acres: 405
Lake Depth: 8

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 960

Public Survey Info

Range#: 22
Section#: 18
Township#: 120

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: UNPLATTED 18 120 22 THAT PART OF GOVT LOT 3 LYING ELY OF A LINE BEG AT A PT ON N LINE THOF DIST 1200 FT W OF NE COR THOF TH S 1 DEG 14 MIN 38 SEC W DIST 945.68 FT TH S 0 DEG 59 MIN 43 SEC W TO SHROELINE OF DIAMOND LAKE AND THERE TERMINATING ALSO THAT PART OF GOVT LOT 2 DESC AS BEG AT A PT ON W LINE THOF DIST 567 FT S OF NW COR THOF TH ELY PAR WITH N LINE THOF TO SHORELINE OF DIAMOND LAKE TH SLY ALONG SAID SHORELINE TO W LINE THOF TH N TO BEG EXCEPT ROAD
Listing City: Dayton
Map Page: 48
Municipality: Dayton
School District: Elk River
School District Phone: 763-241-3400
DNR Lake ID#: 27012500
DNR Lake Classification: Recreational Development
Zip Plus 4: 4112
Property ID Number: 1812022120002
Tax Year: 2025
Tax Amount: 10308
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: A Rare Lakefront Opportunity — Here’s your chance to own one of the most unique and breathtaking properties to hit the market. Situated on 39.87 rolling acres with 2,050' of pristine lakefront, this property offers endless potential - whether you're looking to develop, create a family compound, or build your dream estate from the ground up. The land is open, rolling, and picturesque — wide-open spaces, mature trees, and panoramic water views make it a rare canvas for your vision. Zoned residential with room to expand. An existing home offers one level living and with a little TLC would make a perfect guests house, MIL Suite, or income unit. If the buyer chooses to keep the current residence, the seller is willing to update all windows, doors, deck and siding—a rare and valuable offer to help you make the most of this space. Whether you’re building one dream home or many, there’s no shortage of possibilities—and they all come with shoreline, sunsets, and serenity. View the virtual tour.
Directions: CO RD 13 EAST ON N. DIAMOND LAKE RD

Accessible

None: Yes

Air Conditioning

None: Yes

Basement

Unfinished: Yes

Construction Status

Previously Owned: Yes

Exterior

Wood: Yes

Financing Terms

Cash: Yes

Foundation

Concrete Block: Yes

Fuel

Electric: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Lock Box Type

Combo: Yes

Sellers Terms

Cash: Yes
Conventional: Yes

Sewer

Private Sewer: Yes

Stories

One and One Half: Yes

Water

Well: Yes

Room Information

Room Name	Dimensions	Level
Living Room	24x11	Main
Third (3rd) Bedroom	12x11	Upper
Laundry	8x7	Main
First (1st) Bedroom	12x12	Main
Second (2nd) Bedroom	13x11	Upper
Dining Room	19x14	Main
Kitchen	14x12	Main