24826 Panama Avenue

Elko New Market, MN
$ 649,900 Beds 4 Baths 2 Sq 3,098 Virtual Tour
Monthly Estimate* How much can I afford?

Discover the perfect blend of privacy, space, and modern updates in this beautifully maintained 4-bedroom rambler set on over 8 acres. Thoughtfully updated throughout, this home offers comfortable one-level living with a private, peaceful setting surrounded by nature. The expansive property provides endless opportunities for recreation, gardening, or simply enjoying the outdoors. A standout feature is the impressive detached 40x60 garage, to go along with the attached 2-car garage, offering abundant space for vehicles, toys, hobbies, storage, or a workshop. If you’re looking for an updated home with acreage, privacy, and exceptional garage space, this property is a must-see!

Single Family

  • Price
  • $ 649,900
  • City
  • Elko New Market
  • Bedrooms
  • 4
  • Full Bathrooms
  • 2
  • County
  • SCOTT
  • Half Bathrooms
  • 0
  • Area
  • Sunny Oak Hills
  • Lot Size
  • 8.34 Acres
  • Zip
  • 55020
  • Sqr Footage
  • 3,098
  • Year Built
  • 1972
  • Taxes
  • $ 4514
  • Style
  • Single Family
  • MLS#
  • 7129159
Listed By: Fieldstone Real Estate Specialists
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 3098
Sewer Septic System Compliant - Yes
Heating Forced Air
Cooling Central Air
Appliances Dishwasher,Dryer,Exhaust Fan,Humidifier,Gas Water Heater,Iron Filter,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer
Garage Spaces 8
Construction Materials Frame
Year Built 1972
Electric 100 Amp Service
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Scott
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Sunny Oak Hills
Other Structures Storage Shed
Full Baths 2
Directions Highway 19/Panama Ave home on West side of road.
City Elko New Market
High School District New Prague Area Schools
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4514
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Hardwood Floors,Kitchen Window,Natural Woodwork,Patio,Paneled Doors,Porch,Washer/Dryer Hookup
PostalCity Elko New Market

Interior Features

Basement Drain Tiled,Finished,Storage Space,Sump Basket,Sump Pump,Walkout
Total Fireplaces 1
Fireplace Features Stone,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1898
Laundry Features Gas Dryer Hookup,Lower Level,Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 1200
Total Baths 2
Bath Desc Full Basement,Main Floor Full Bath,Walk Thru
Dining Room Description Kitchen/Dining Room,Living/Dining Room,Separate/Formal Dining Room
Fuel Natural Gas
Garage Dimensions 21x23.5 40x60
Garage Square Feet 2917

Exterior Features

Parking Features Attached Garage,Detached Garage,Asphalt,Garage Door Opener,Insulated Garage,Tuckunder Garage
Lot Features Tree Coverage - Heavy
Water Source Well
Lot Size Area 8.34
Building Area Total 3484
Lot Dimensions 732x305x510x104x197x133x487
Waterfront Y/N No
Foundation Area 1586
Road Frontage Type County Road
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/18/2026 Listed $649,900

Property vs Zip Code Average in 55020

Price
AVG $610K
$650K
Taxes
AVG $3,963
$4,514
Year Built
AVG 2017
1972
Visits
AVG 128
27
Data Provided by Inside Real Estate®

24826 Panama Avenue Elko New Market, MN is a Single Family Home for sale at $649900 with 3098 sqft and a lot size of 8.34 Acres Acre(s). 24826 Panama Avenue Elko New Market has 4 bedrooms, 2 baths and was built in 1972. The property's zip code is 55020 which is in Elko New Market, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.