24391 Panama Ave

Off Market

24391 Panama Ave

Elko New Market MN 55020

2652 sq. ft.

10.13 ac.

Single-Family

Last sold for $799,000

Steven Eischens, last sold this property on 27 August 2026 after 128 days on market.

Overview

Acreage properties this complete are few and far between. Set on 10 private acres, this exceptional property features a fully finished 1,944-square-foot heated and insulated shop with room to expand, mature fruit trees, a scenic pond, abundant wildlife, and a home extensively updated throughout. No expense has been spared in the home's extensive updates. The exterior showcases premium James Hardie siding, engineered shakes and trim, a newer roof, upgraded exterior doors, and all-new high-end Andersen windows. Inside, you'll find solid paneled hardwood doors, rich oak trim, new carpet in most rooms, and beautifully updated bathrooms throughout. The bright, welcoming kitchen features granite countertops and stainless steel appliances and flows seamlessly into the home's functional layout. The upper level offers a primary suite with a walk-in closet, vanity area, and stunningly updated ensuite bath, along with two additional bedrooms and a fully updated full bathroom. The walk-out lower level is ideal for entertaining, complete with a large family room, two additional bedrooms, and a beautifully finished ¾ bath with a tiled walk-in shower. Whether you're looking for space for your hobbies or business, room to roam, or simply the peace and privacy of country living, this rare property offers a combination of acreage, quality updates, and versatile outbuilding space that is becoming increasingly difficult to find.

Features

5 bedrooms

3 bathrooms

6 carspaces

6 garage spaces

2652 sq. ft. floor area

10.13 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 5 bedroom single-family properties sold in Elko New Market over the last 12 months, the estimated median property value of 24391 Panama Ave is $545k.

Median value

$545k

Estimated value range

$210k - $1.4m

Median days on market

Estimated value trend

17%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Elko New Market. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 24391 Panama Ave

2026

Sold

$799,000

27 Aug 2026 by Steven Eischens

2018

Sold

$417,000

30 Jul 2018 by Shannon Russo, of Russo Realty LLC

1997

Sold

$187,000

28 May 1997 by JERRY GODWIN, of Real Estate Masters, Ltd.

Happy sellers in Elko New Market

We have insufficient information to provide an overview of customer satisfaction for Elko New Market. Viewing the agent profiles, reviews and sales for Elko New Market can provide insights for this location.

Local market activity for 5 bedroom single-family properties in Elko New Market

In the last 12 months, 16 five-bedroom single-family properties similar to 24391 Panama Ave, have been sold.

This represents a 32% increase in five-bedroom single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Elko New Market for a market analysis.

Elizabeth Sandwick

at Coldwell Banker Realty - South Metro Regional

(81 reviews)

Get a market analysis

John Wichmann

at REMAX Advantage Plus | Victoria

(57 reviews)

Get a market analysis

Jason Huerkamp

at Keller Williams Preferred Rlty

(1 review)

Get a market analysis

James Emond

at REMAX Advantage Plus | Lakeville

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Elko New Market

Elizabeth Sandwick

Sellers who recommend Elizabeth Sandwick have praised them for being local expert, responsive, clear communication, supportive, attentive, trustworthy, and patient

5 (81 reviews)
1 Review in Elko New Market
1 Sale in Elko New Market

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John Wichmann

Sellers who recommend John Wichmann have praised them for being local expert, clear communication, responsive, supportive, reliable, resourceful, and great team