Listed at
$695,000
$299/sqft

40698 Chestnut Road

40698 Chestnut Road, Lanesboro, MN, 55949
3  Bedrooms3  Bathrooms2,324  Square Feet22.54  Acres
Days on market136
Year built2006
Garage spaces1
TypeResidential
Est. $17,850buyer credit when you buy with SODL
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About this home

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.

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Home facts

Property typeResidential
Property subtypeSingle Family
Year built2006
LevelsTwo
Living area2,324 sqft
Above-grade finished2,324 sqft
Below-grade finished0 sqft
Lot size22.54 acres (Irreg)
Days on market136
ListedMay 14, 2026
MLS #NST7055574
CountyFillmore
Parcel #040264020

Facts & features

Interior

Bedrooms
3
Bathrooms
3
Bath breakdown
1 full / 2 3/4
Heating
Forced Air, Fireplace(s)
Cooling
Central Air
Appliances
Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Humidifier, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Property

Levels / stories
Two
Garage
1 space · 364 sqft
Parking features
Attached Garage, Garage Door Opener, Gravel, Insulated Garage, Other
Patio & porch
Composite Decking, Covered, Deck, Wrap Around
Exterior features
Metal
Pool
None

Construction

Property type
Residential
Property subtype
Single Family
Construction materials
Block
Foundation
Block · 1,344 sqft
Roof
Age 8 Years or Less
Year built
2006

Utilities

Water
Well
Sewer
Septic System Compliant - Yes
Fuel
Propane
Electric
150 Amp Service

Community & HOA

HOA
No HOA
School district
239 - Rushford-Peterson
High school district
Rushford-Peterson

Financial & listing details

Annual tax
$1,198 (2026)
Listed
May 14, 2026
Days on market
136
Manufactured home
Yes

Interior details

Total bathrooms3
Full baths1
3/4 baths2
Half baths0
1/4 baths0
BasementBlock, Finished, Full
HeatingForced Air, Fireplace(s)
CoolingCentral Air
Fireplaces1
AppliancesDishwasher, Dryer, ENERGY STAR Qualified Appliances, Humidifier, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
DiningKitchen/Dining Room, Living/Dining Room
AmenitiesCeiling Fan(s), Deck, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Patio, Porch, Panoramic View, Vaulted Ceiling(s), Washer/Dryer Hookup, Walk-In Closet
AccessibilityNone
Special featuresMain Floor Laundry, Primary Bdr Suite

Exterior & lot

ExteriorMetal
RoofAge 8 Years or Less
FoundationBlock
Foundation area1,344 sqft
Patio/porchComposite Decking, Covered, Deck, Wrap Around
Lot featuresSuitable for Horses, Tillable
Road frontageCounty Road
Road responsibilityPublic Maintained Road
ZoningResidential-Single Family

Utilities

Water sourceWell
SewerSeptic System Compliant - Yes
FuelPropane

Parking & garage

ParkingAttached Garage, Garage Door Opener, Gravel, Insulated Garage, Other
Garage spaces1
Garage size364 sqft

Financial details

Annual taxes$1,198
Tax year2026
Taxes w/ assessments1198
Assessment pendingNo
Down payment resourceYes
Lender ownedNo
Short saleNo
ForeclosureNo

Schools

District239 - Rushford-Peterson
District number239
District phone5078647785
High schoolRushford-Peterson
SODL flat fee brokerage
$17,850Estimated buyer credit
SODL platform fee $3,000Your buyer credit $17,850

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

$3,984/mo
Principal & interest$3,653
Property taxes$100
Home insurance (est.)$232
%
$139,000
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

40698 Chestnut Road, Lanesboro, MN, 55949

Listing information

MLS #NST7055574
StatusActive
Last updatedSep 8, 2026, 9:00 PM
Originally listedMay 16, 2026, 12:00 AM
Listing officeEdina Realty, Inc.

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.