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Hatch Brokered by Real

| Hatch Brokered by Real | Real Brokerage LLC | PLACE

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1569 Belvior Ln NE , Byron, MN 55920
$650,000
Est. Payment: $3,358.21/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 183
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40554 - 502036625
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Hatch Brokered by Real, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Hatch Brokered by Real
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House Description

Builder/Investor Opportunity for a Townhome Project in the Somerby Golf Community in Byron, MN. Located just 10 miles west of Downtown Rochester, the Belvior Townhome Community is located within the Somerby Master Planned Golf Community. The lots are fully complete and permit ready. Plans for the townhome units are pre-approved with the community architectural review committee. The 12 lots are shown below and represent four (4), three-unit buildings to be completed. Approved architectural details available upon request. The townhomes built within the community are rambler walkout style units, with three bedrooms plus office layouts with two and three car garage options. Represents a fantastic opportunity for an investor or builder to secure a housing project and ready inventory to build new homes in the Rochester, MN area currently experiencing a significant increase in population and housing activity with the continued growth of the area with investments and expansions related to the Mayo Clinic $5 Billion expansion plans. Residents who live within the Somerby Community are within a 15-minute drive to the Mayo Clinic Campus in Downtown Rochester. In addition, as Somerby Community residents, every owner is granted a social membership in the club via the HOA where they can enjoy all the features and amenities available in the Club. The link below provides additional details on the Somerby Community and Club Amenities. Tax information is single lot only - all 12 lots are $7,224 yearly for taxes. Contact Agent for Additional Details and Seller Financing Options.
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Highlights

Listed by Timothy J Brown , 612-802-6948 Terrace Realty Partners , 612-802-6948. Minneapolis/St. Paul and St. Cloud - Northstar MLS

Property Type

Vacant Land
Lot/Acreage
0.08

County

Olmsted

 Neighborhood

Belvior At Somerby 2nd Add Cic

 School District

Byron

Listing ID

7032685

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features

Lot:Curbs,Paved Streets
Lot Dimensions:40x80x40x80
Zoning:Residential-Multi-Family
Principal Interest
$3,358
Taxes
$50

Home Price

$650,000

Loan Details

30 yrs
6.708%

Down Payment

20%
$130,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,358.21

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,358.21 $50.17 $0.00 $3,408.37
Yearly $40,298.46 $602.00 $0.00 $40,900.46
Total $1,208,953.94 $18,060.00 $0.00 $1,227,013.94
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Will Provost
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Market insight data is pulled from the same city as the listing being viewed (Byron, MN).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-06T08:58:07.000Z

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