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$1,249,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 6 Beds
  • 3 Full Baths
  • 2 Partial Baths
  • 5,397 Sq. Ft.
  • 3 Car Garage
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Welcome to your dream hobby farm retreat on the shore of Fountain Lake in Montrose, Minnesota. This charming traditional-style home is nestled at the end of a picturesque, tree-lined driveway surrounded by restored prairie, offering luxury, privacy and country charm. From masterfully designed perennial gardens with abundant wildlife, to a heated saltwater pool and whimsical play area, lovingly known as Neverland, every inch of this property is beautifully crafted. This property is truly special. Step inside and fall in love with the sun-filled family room boasting towering two-story windows, wood floors, and a fireplace. A formal dining room provides an elegant space for entertaining and is adjacent to a quiet office overlooking the front yard. The main floor primary suite serves as a private retreat with a ensuite bathroom and walk-in closet. The kitchen is the heart of the home, with a stunning gourmet kitchen featuring custom cabinetry, including a beautifully carved range hood, and a large center island with beautiful granite countertops. You will appreciate the extra storage and wine cooler in the butler's pantry. The kitchen is complete with beautiful views of the lake, pool, and gardens from the breakfast nook and informal dining area. Upstairs offers three spacious bedrooms, a Jack-and-Jill bath with double sinks. The downstairs is perfect for a movie night or entertaining friends, with a wet bar and easy access to the pool. Two spacious bedrooms, a playroom, two bathrooms, and plenty of storage complete the home. Cultivate new hobbies with the perennial gardens and raised flower beds, or in the greenhouse. Store your toys in the 45x30 toybox, or in the comfort of the divided 48x36 heated shop, complete with a floor drain. Want to raise chickens, goats or other animals, do so, in the back half of the shop. Offering peace, privacy, and endless opportunity, this property is ideal, whether you want to relax, raise animals, connect with nature, or start and grow your business. Welcome home!

Full Property Details for 7040 Meridian Ave S

General

  • Price: $1,249,000
  • Taxes: $9,650 (2024)
  • Status: Pending
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6789376
  • Updated: 12/6/2025
  • Added to Site: 122 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 3
  • Fireplace(s): Gas, Wood-Burning, Wood Burning Stove
  • Appliances: Central Vacuum, Dishwasher, Disposal, Double Oven, Dryer, Electronic Air Filter, Exhaust Fan, Fuel Tank - Rented, Gas Water Heater, Water Filtration System, Water Osmosis System, Iron Filter, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Rented, Wine Cooler

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 3
  • 3/4 Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 6

Additional Information

  • Pool: Yes
  • Pool Description: Below-Ground, Heated

Exterior

  • Porch/Patio/Deck: Composite Decking, Deck, Patio

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 32 x 23
  • Garage Spaces: 3
  • Parking Features: Attached Garage, Asphalt, Floor Drain, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Multiple Garages

Location

  • County: Wright
  • Driving Directions: Hwy 12 West of Delano, South on Meridian, driveway on left.

School Information

  • School District: 877 - Buffalo-Hanover-Montrose
  • High School District: Buffalo-Hanover-Montrose

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air, Geothermal
  • Heating Type: Geothermal
  • Heating Fuel: Propane

Utilities

  • Sewer: Septic System Compliant - No
  • Water: Well

Structural Information

  • Exterior Const.: Cedar, Metal Siding, Stucco
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Drain Tiles, Drainage System, Egress Window(s), Finished, Walk-Out
  • Foundation Size: 2355
  • Roof: Shake, Age Over 8 Years
  • Disability Access: None
  • Square Feet: 5,397
  • Above Ground: 3,708 Sq. Ft.
  • Below Ground: 2,340 Sq. Ft.
  • Finished Down/Base.: 6,048 Sq. Ft.
  • Year Built: 1994

Additional Structures

  • Other Structures: Greenhouse

Lot Features

  • Lot Size (Acres): 7.8
  • Lot Dimensions: 291 x 696 x 497 x 362 x 637
  • Frontage: Township, Unpaved Streets
  • Zoning: Agriculture, Residential-Single Family
  • Lot Description: Suitable for Horses
  • Fencing (Description): Chain Link

Water Features

  • Water Front: Yes
  • Water Front Name: Fountain
  • Water Front Desc.: Lakefront
  • Water Front Num: 86008600
  • Lake Front: Yes
  • Lake Acres: 434
  • Lake Depth: 10

Financial Considerations

  • Tax Amount: $9,650
  • Tax Year: 2024
  • Terms: Conventional, VA, Cash

Disclosures and Reports

  • Legal Description: SECT-07 TWP-118 RANGE-025 UNPLATTED LAND FRANKLIN TWP3 TH PRT OF GOV LT1TH LIES S OF LN A DES COM NW COR OF SD LT1TH S89D21'27"E ALG N LN633.60FT TO POB TH S64D31'07"E TO SHR OF FOUNTAIN LK&TERM&LIES N OF LN B DES COM NW COR OF SD LT1TH S0D0'0"W ALG W LN300FT TO POB TH S69D21'51"E TO SHR OF FOUNTAIN LK& TERM
  • Property ID: 208200072204

Listed by Compass

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— 7040 Meridian Ave S —

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NMLS#: 1598647

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Schools serving 7040 Meridian Ave S

School District:Buffalo-Hanover-Montrose Schools
NameGradesDistance
Montrose Elementary School
100 2nd Street South, Montrose, MN 55363
K-51.6 mi
Buffalo Community Middle School
1300 Minnesota 25, Buffalo, MN 55313
6-89.8 mi
Buffalo Senior High School
877 Bison Boulevard, Buffalo, MN 55313
9-129.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7040 Meridian Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/09/2025
Price Reduced
$1,249,000
-3.55%
MLS
9/19/2025
Listed
$1,295,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 7040 Meridian Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$9,872
8%
$967,500
—
2023
$9,112
—
$963,700
-5%
2023
$9,112
1%
$1,011,300
14%
2022
$9,066
-5%
$886,100
15%
2021
$9,592
1%
$768,100
—
2020
$9,514
8%
$766,800
—
2019
$8,828
8%
$768,200
5%
2018
$8,204
6%
$733,700
6%
2017
$7,724
—
$689,300
3%
2016
$7,720
2%
$666,800
3%
2015
$7,582
5%
$647,900
9%
2014
$7,228
-1%
$597,000
—
2013
$7,330
—
$597,300
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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7040 Meridian Avenue S, Franklin Township, MN 55363 (MLS# 6789376) is a Single Family property with 6 bedrooms, 3 full bathrooms and 2 partial bathrooms. 7040 Meridian Avenue S is currently listed for $1,249,000 and was received on September 18, 2025. Want to learn more about 7040 Meridian Avenue S? Do you have questions about finding other Single Family real estate for sale in Franklin Township? You can browse all Franklin Township real estate or contact a Coldwell Banker agent to request more information.

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