516 Cottonwood Circle, Lake City, MN 55041 - Photo 1

1/1

$42,900 Just Listed

For Sale
Active
Lots/Land
0.2 Acres
Updated 5 hours ago

1/1

Property Description

Prime cul-de-sac residential lot in The Jewel. Nestled in the scenic bluffs of the Mississippi Valley, use the builder of your choice in this premier golf course community. Minutes to the Marina, Lake Pepin, River walk and downtown Lake City.

Full Property Details

Full Property Details for 516 Cottonwood Cir

General

Price: $42,900
HOA FEE: $23/month
HOA FEE FREQ.: Annually
Taxes: $404 (2025)
Status: Active
Type: Lots/Land
Source: NorthStarMLS_RMLS
MLS ID: 7043821
Updated: 3/27/2026
Added to Site: 1 day(s) ago

Location

County: Wabasha
Township: Lake City
Subdivision: Jewel Third Add
Driving Directions: Hwy 63 to Jewel Entrance, Enter on Green Parkway, Left on Clubhouse Dr., Right on Cedar Dr, Right on Cottonwood Circle, End of Cul De Sac.

School Information

School District: 2281 - Lake City
High School District: Lake City

Community

Association: Yes
Assoc. Name: Matik Management
Assoc. Fees Include: Professional Management

Utilities

Utility Description: Cable Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Phone Available, Water Available

Lot Features

Lot Size (Acres): 0.2
Lot Dimensions: Irregular
Frontage: City Street, Cul-de-Sac, Curbs, Paved Streets
Development Status: Finished Lot(s)
Zoning: Residential-Single Family
Lot Description: Irregular Lot, Underground Utilities

Financial Considerations

Association Fee: $279
Assoc Fee Freq.: Annually
Tax Amount: $404
Tax Year: 2025
Terms: Conventional, Cash

Disclosures and Reports

Legal Description: SECT-06 TWP-111 RANGE-012 JEWEL THIRD ADDITION LOT-006 BLOCK-005
CC&Rs: Yes
Restrictions: Open
Inclusions: Easements, Platted
Property ID: R220212100

Listed by Elcor Realty of Rochester Inc.

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— 516 Cottonwood Cir —

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Schools

Schools serving 516 Cottonwood Cir

School District:Lake City Public School District

Name	Grades	Distance
Bluff View Elementary School 1156 West Lakewood Avenue, Lake City, MN 55041	PK-6	1.4 mi
Lincoln Secondary, Lake City, MN 300 South Garden Street, Lake City, MN 55041	7-12	1.7 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 516 Cottonwood Cir Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/26/2026

Listed

$42,900

-87.74%

MLS

2/15/2007

Sold

$350,000

—

Public Record

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

Tax History for 516 Cottonwood Cir

Year

Property Taxes

Change

Tax Assessment

Change

2025

$404

-2%

$25,000

—

2023

$412

171%

$25,000

25%

2021

$152

-63%

$20,000

-20%

2023

$414

172%

$25,000

212%

2021

$152

—

$8,000

—

2020

$152

-4%

$8,000

—

2019

$158

1%

$8,000

—

2017

$156

-2%

$8,000

100%

2015

$160

—

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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Estimate the Cost for 516 Cottonwood Cir

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Listed by Re/Max Results

516 Cottonwood Circle, Lake City, MN 55041 (MLS# 7043821) is a Lots/Land property with a lot size of 0.2 acres. 516 Cottonwood Circle is currently listed for $42,900 and was received on March 26, 2026. Want to learn more about 516 Cottonwood Circle? Do you have questions about finding other Lots/Land real estate for sale in Lake City? You can browse all Lake City real estate or contact a Coldwell Banker agent to request more information.

516 Cottonwood Cir Lake City, MN 55041