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4895 NW 21st Avenue, 
Medford, MN 55049

$650,000


4

Beds


2

Baths


2,214

Sq Ft


Single Family

Coming Soon

Listed by

Robert Stalberger

Whitetail Properties Real Estate

217-285-9000

Last updated:

September 13, 2026, 12:19 PM

MLS#

7142085

Source:

NSMLS

About This Home

4895 NW 21st Avenue

Finding an acreage that combines a country home, substantial river frontage, open ground, recreational opportunities and convenient access to Owatonna is not an everyday occurrence. This 30.88+/- acre Steele County property near Medford brings those features together with more than 1,250+/- feet of frontage along the Straight River, a four-bedroom home, paved road access and a mix of open and wooded ground. The Straight River is one of the property's defining features. More than 1,250+/- feet of river frontage creates opportunities to fish, explore the shoreline, watch wildlife or simply spend time along the water. Down near the river is a scenic area that has been used as a place to park a camper, creating a recreational base separate from the home. It is easy to picture spending an evening along the river, sitting around a campfire or having morning coffee while listening to the water and watching the woods come to life. The property also offers a strong recreational component. Deer sign is evident throughout the property, and the combination of river frontage, timber, edge habitat and open ground gives wildlife multiple reasons to travel through and use the acreage. For someone who enjoys hunting close to home, the property offers the ability to walk out the door and spend time outdoors without having to drive to another parcel. Approximately 10+/- acres of open ground add another dimension to the property. These areas could potentially be used for pasture, hay, tillable production, food plots or other agricultural and recreational purposes. That flexibility makes the property an appealing hobby farm option for someone looking for room for animals, equipment and outdoor projects while still having wooded and riverfront acreage to enjoy. The property also has an active mining lease that provides potential for future income. Located on the south end of the acreage is a two-story home originally built in 1929. The home offers four bedrooms and 1.5 bathrooms, providing a traditional country-home setting to go along with the land. The home could be your primary residence or possibly use the entire property as an investment and recreational property. Paved road frontage is another practical advantage. Country properties with this much land and river frontage can sometimes require miles of gravel roads, but this property offers paved access while retaining its rural setting. Location is another part of the story. Medford is only a short drive away, and Owatonna is also quickly accessible for shopping, dining, employment and everyday services. Outdoor enthusiasts will recognize the Owatonna Bass Pro Shops just off I-35, while the Medford area provides convenient access to I-35 for travel north toward the Twin Cities or south through southern Minnesota. The property sits in an interesting position for someone who wants country living without feeling disconnected. Spend the morning checking trail cameras or walking along the Straight River, work around the open acreage during the afternoon and finish the day down by the river. When groceries, supplies, restaurants or other services are needed, Medford and Owatonna are close by. What stands out to me is how many different uses are represented within this acreage. This is not simply a house with a large yard, nor is it solely hunting ground or agricultural acreage. There is a four-bedroom home, more than 1,250+/- feet of Straight River frontage, 10+/- acres of open ground, wildlife habitat, paved access, a camper area near the river and an active mining lease with potential future income. For buyers searching for a Steele County acreage with a residence, hobby farm possibilities, hunting and recreational ground, river frontage and convenient access to Medford and Owatonna, this property offers a combination worth taking a closer look at.

Home Facts

Single Family

2 Baths

4 Bedrooms

Built in 1929

Price Summary

650,000

$293 per Sq. Ft.

MLS #:

7142085

Last Updated:

September 13, 2026, 12:19 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

1

Interior

Living Area:

2,214 Sq. Ft.


Structure

Structure

Building Area:

3,700 Sq. Ft.

Year Built:

1929


Lot

Lot Size (Sq. Ft):

1,345,132


Finances & Disclosures

Finances

Price:

$650,000

Price per Sq. Ft:

$293 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is 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.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.