24826 Panama Avenue Elko, MN ^$ 624,900

24826 Panama Avenue

^$ 624,900

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24826 Panama Avenue

Elko, MN, 55020

^$ 624,900

Bedrooms4 Baths2.0 Sq 3,098

Monthly Estimate*

^$ 4,316

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View a Virtual Tour

Single Family Home for sale in Elko, MN

for $624,900 with 4 bedrooms and 2 full baths. This 3,098 square foot home was built in 1972 on a lot size of 8.34.

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 Active

Price

^$ 624,900

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 4,514

Style

Single Family

Lot Size

8.34

Year Built

1972

Town/City

Elko

County/Region

Scott

MLS | Web ID

7129159

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

HOA Fee 0

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 N

Property Type Residential

HOA N

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 N

Land Lease Y/N N

Tax Annual Amount 4514

Additional Parcels Y/N N

Virtual Tour https://my.matterport.com/show/?m=2YhNYoQkDZN&mls=1

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

Interior

Basement Drain Tiled Finished Storage Space Sump Basket Sump Pump Walkout

Total Fireplaces 1

Fireplace Features Stone Wood Burning

Basement (Y/N) Y

Fireplace Y/N Y

Above Grade Finished Area 1898

Half Baths 0

1/4 Baths 0

3/4 Baths 0

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

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 N

Foundation Area 1586

Road Frontage Type County Road

Road Responsibility Public Maintained Road

Internal Only

Street Number 1 24826

* Excluded Features

List By

Fieldstone Real Estate Specialists

Broker

taddandlorij@yahoo.com

Affordability Calculator

$4,692

Per Month

Monthly Principal & Interest: $4,316
Monthly Property Taxes: $376
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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.

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Nearby

Trends
Schools

Single family listings in Elko, MN

Average List Price ^$559,995

Percent of Sale Price 10%

About Elko, MN

4,311 Population

84% Since 2002

^$100,178 Median Income

36.56 Median Age

48% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

709012 Elementary School

708575 Middle School

Unknown High School High School

Pricing History

Date	Price	Price Change	Description
10/2/2026	$624,900	-3.85%	Price Down
8/18/2026	$649,900		Listed Price

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24826 Panama Avenue, Elko, MN, 55020 is a Single Family Home for sale at $624,900 with 3,098 sqft and a lot size of 8.34. 24826 Panama Avenue has 4 bedrooms, 2.0 baths, and was built in 1972. The property's zip code is 55020 which is in Elko, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

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.

Data is updated as of 10/15/2026.

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24826 Panama Avenue

Single Family Home for sale in Elko, MN

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