Listed at
$328,000

Nielsens Estate

1458 Terrace Drive, Lake Benton, MN, 56149
46.43  Acres
Days on market250
TypeLand
Est. $6,840buyer credit when you buy with SODL
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About this home

Discover the rare opportunity to purchase a perfect blend of productivity and natural beauty with this exceptional parcel of land available for sale located close to the beautiful shores of Lake Shaokatan. This desirable tract of 46.43 acres offers a combination of income-producing CRP acres of 34.81 and current productive pastureland of 11.62 acres making it a versatile opportunity for investors, land managers, or recreational buyers. The CRP ground provides a steady annual income of $4,906.00, with a contract expiration of September 30, 2029, with minimal maintenance, while the pasture acres are well suited for a variety of possibilities. The property features established grass cover and good access. Gently rolling terrain creates outstanding wildlife habitat and recreational value. The established CRP grasses provide exceptional cover for nesting habitat, deer, and other game species. This is a great location with close proximity to nearby towns offering great amenities. With steady annual CRP payments, great habitat, and perfect multi-use options, this property appeals to buyers seeking income, recreation, and long-term land value. This is an excellent opportunity for sportsmen, investors, or those seeking to enjoy the outdoors while owning productive land.

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Home facts

Property typeLand
Lot size46.43 acres (2568 x 1520.6 x 195.7 x 700.1 x 251 x 1705 ft.)
Days on market250
ListedJan 22, 2026
MLS #NST7010559
CountyLincoln
SubdivisionNielsens Estate
Parcel #140163000

Facts & features

Interior

Bathrooms
0

Property

Fencing
Partial, Wire
Lot size
46.43 acres
Lot dimensions
2568 x 1520.6 x 195.7 x 700.1 x 251 x 1705 ft.
Lot features
CRP Land
Road frontage
Township, Unpaved Streets
Parcel #
140163000

Construction

Property type
Land

Utilities

Utilities
None Connected, Other Available

Community & HOA

Subdivision
Nielsens Estate
HOA
No HOA
School district
402 - Hendricks
High school district
Hendricks

Financial & listing details

Annual tax
$106 (2025)
Tax with assessments
274
Listed
Jan 22, 2026
Days on market
250
Inclusions
Platted,Survey

Interior details

Total bathrooms0

Exterior & lot

Lot featuresCRP Land
Road frontageTownship, Unpaved Streets
ZoningAgriculture

Utilities

Parking & garage

Financial details

Annual taxes$106
Tax year2025
Taxes w/ assessments274
Assessment pendingYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District402 - Hendricks
District number402
District phone5072753115
High schoolHendricks
SODL flat fee brokerage
$6,840Estimated buyer credit
SODL platform fee $3,000Your buyer credit $6,840

How SODL buyer credits work

When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.

  • Tour homes with SODL’s flexible showing network
  • Submit offers and manage your transaction through the platform
  • Keep more money at closing through transparent flat-fee pricing

A clear, modern way to buy with expert guidance and meaningful savings.

Estimated monthly payment

$1,842/mo
Principal & interest$1,724
Property taxes$9
Home insurance (est.)$109
%
$65,600
0%50%
Credit score
Loan term

These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.

Location

1458 Terrace Drive, Lake Benton, MN, 56149

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Listing information

MLS #NST7010559
StatusActive
Last updatedSep 4, 2026, 10:13 PM
Originally listedJan 22, 2026, 2:11 PM
Listing officeWilson O'Brien REALTORS

Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.