Escape to the beauty of the bluff country with this stunning hobby farm nestled halfway between Rushford and Lanesboro. This Amish-built home was thoughtfully updated in 2021, blending timeless craftsmanship with modern comfort to create a truly inviting space. Step inside to a spacious, open-concept main living area designed with entertaining in mind. The seamless flow between the kitchen, dining, and living room creates the perfect gathering place whether you're hosting holidays, family dinners, or simply enjoying the peaceful surroundings. Outside, the property is fully equipped for hobby farming, equestrian use, or small business potential. The barn features a horse stall, tack room, and water access, while the impressive 70x120 pole shed offers both water and electricity ideal for equipment storage, workshops, or expanded operations. An additional insulated shed with electricity provides even more flexibility. For those with a green thumb or year-round growing ambitions, the greenhouse is a standout feature, complete with gas heat and a water hydrant. Two additional smaller sheds round out the outbuildings, offering ample storage and versatility. Surrounded by the rolling hills and natural beauty of southeastern Minnesota, this property offers the perfect balance of rural tranquility and functional living. Whether you're dreaming of horses, gardening, or simply space to breathe, this hobby farm is ready to bring your vision to life.
Active
$749,900
40698 Chestnut Rd, Lanesboro, MN 55949
3beds
2,688sqft
Est.: Get pre-qualified
Single Family
Built in 2006
22.54 Acres Lot
$704,500 Zestimate®
$279/sqft
$-- HOA
What's special
- 15 days |
- 1,252 |
- 74 |
Zillow last checked:
Listing updated:
Listed by:
Camille Hanson 507-313-3885,
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7055574
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Bedroom
- Level: Upper
- Area: 140 Square Feet
- Dimensions: 10x14
Bedroom 2
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 10x11
Bedroom 3
- Level: Main
- Area: 156 Square Feet
- Dimensions: 12x13
Bathroom
- Level: Upper
- Area: 55 Square Feet
- Dimensions: 5x11
Bathroom
- Level: Main
- Area: 45 Square Feet
- Dimensions: 5x9
Family room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 15x16
Kitchen
- Level: Upper
- Area: 392 Square Feet
- Dimensions: 14x28
Laundry
- Level: Main
- Area: 130 Square Feet
- Dimensions: 10x13
Living room
- Level: Upper
- Area: 392 Square Feet
- Dimensions: 14x28
Other
- Level: Main
- Area: 84 Square Feet
- Dimensions: 6x14
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Humidifier, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliance(s), Washer, Water Softener Owned
Features
- Basement: Block,Finished,Full
- Number of fireplaces: 1
- Fireplace features: Double Sided, Electric
Interior area
- Total structure area: 2,688
- Total interior livable area: 2,688 sqft
- Finished area above ground: 2,324
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage Door Opener, Gravel, Insulated Garage, Other
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Composite Decking, Covered, Deck, Wrap Around
- Pool features: None
- Fencing: Electric,Full,Wood
Lot
- Size: 22.54 Acres
- Features: Suitable for Horses, Tillable
Details
- Additional structures: Barn(s), Greenhouse, Hog House, Lean-To, Shed(s), Pole Building, Stable(s)
- Foundation area: 1344
- Parcel number: 040264020
- Zoning description: Residential-Single Family
- Horse amenities: Tack Room
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Electric: 150 Amp Service
- Gas: Propane
- Sewer: Septic System Compliant - Yes
- Water: Well
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lanesboro
Financial & listing details
- Price per square foot: $279/sqft
- Tax assessed value: $359,600
- Annual tax amount: $1,198
- Date on market: 5/14/2026
Estimated market value
$704,500
$669,000 - $740,000
$3,035/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2026 | Listed for sale | $749,900+294.7%$279/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7055574 Report a problem | ||
| 9/2/2020 | Sold | $190,000+18.8%$71/sqft |
Source: Public Record Report a problem | ||
| 1/23/2017 | Sold | $160,000+6.7%$60/sqft |
Source: Public Record Report a problem | ||
| 12/21/2012 | Sold | $150,000$56/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,628 +6.8% | $328,539 +6% |
| 2024 | $1,525 +19.4% | $309,833 +9.3% |
| 2023 | $1,277 +48.9% | $283,600 +11.5% |
| 2022 | $858 | $254,400 +5% |
| 2021 | -- | $242,300 +7.9% |
| 2020 | $684 -61% | $224,500 +6.9% |
| 2019 | $1,754 +237.3% | $210,100 |
| 2018 | $520 | $210,100 +10.3% |
| 2017 | $520 | $190,400 +3.9% |
| 2016 | $520 | $183,200 +0.5% |
| 2015 | $520 | $182,300 -0.4% |
| 2014 | $520 | $183,000 +19.6% |
| 2013 | $520 -13% | $153,000 +6.8% |
| 2012 | $598 | $143,200 |
| 2011 | -- | -- |
| 2010 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 55949
Nearby schools
GreatSchools rating
- 6/10Lanesboro Elementary SchoolGrades: PK-6Distance: 7.6 mi
- 7/10Lanesboro SecondaryGrades: 7-12Distance: 7.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Minnesota
- Fillmore County
- Lanesboro
- 55949
- 40698 Chestnut Rd
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Nearby zip codes
Other Lanesboro Topics
