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$749,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 1 Full Bath
  • 2 Partial Baths
  • 2,324 Sq. Ft.
  • 1 Car Garage
  • Updated 1 day ago
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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.

Full Property Details for 40698 Chestnut Rd

General

  • Price: $749,900
  • Taxes: $1,198 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7055574
  • Updated: 5/16/2026
  • Added to Site: 4 day(s) ago

Interior

  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Two Sided, Electric
  • Appliances: Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Humidifier, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 1
  • 3/4 Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Dining Room: Kitchen/Dining Room, Living/Dining Room
  • Formal Dining Room: Kitchen/Dining Room, Living/Dining Room

Additional Information

  • Amenities: Ceiling 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

Exterior

  • Porch/Patio/Deck: Composite Decking, Covered, Deck, Wrap Around

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Parking Features: Attached Garage, Garage Door Opener, Gravel, Insulated Garage, Other

Location

  • County: Fillmore
  • Township: Norway Twp
  • Driving Directions: From Rushford: take 43 South to County Rd 37, turn right follow Co Rd 37 for 5 miles, turn left onto 401st Ave, then turn left onto Chestnut Rd, driveway will be on your right (at the turn in the road).

School Information

  • School District: 239 - Rushford-Peterson
  • High School District: Rushford-Peterson

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Fireplace(s)
  • Heating Fuel: Propane

Utilities

  • Sewer: Septic System Compliant - Yes
  • Water: Well

Structural Information

  • Exterior Const.: Block
  • Basement: Yes
  • Finished basement: Yes
  • Basement Desc.: Block, Finished, Full
  • Foundation Size: 1344
  • Roof: Age 8 Years or Less
  • Disability Access: None
  • Square Feet: 2,324
  • Above Ground: 2,688 Sq. Ft.
  • Finished Down/Base.: 2,688 Sq. Ft.
  • Year Built: 2006

Additional Structures

  • Other Structures: Barn(s), Greenhouse, Hog House, Lean-To, Shed(s), Pole Building, Stables, Tack Room

Lot Features

  • Lot Size (Acres): 22.54
  • Lot Dimensions: Irreg
  • Frontage: County Road
  • Land Use: Hobby
  • Zoning: Residential-Single Family
  • Lot Description: Suitable for Horses, Tillable
  • Fencing (Description): Electric, Full, Wood

Financial Considerations

  • Tax Amount: $1,198
  • Tax Year: 2026

Disclosures and Reports

  • Legal Description: SECT-31 TWP-103 RANGE-008 22.54 AC 22.54AC E1/2 SE1/4
  • Property ID: 40264020

Listed by Edina Realty, Inc.

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— 40698 Chestnut Rd —

  • Edina Realty, Inc.

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Schools serving 40698 Chestnut Rd

School District:Rushford-Peterson Public Schools
NameGradesDistance
Rushford-Peterson Elementary School
1000 Pine Meadows Lane, Rushford, MN 55971
PK-510.6 mi
Rushford-Peterson Middle School
1000 Pine Meadows Lane, Rushford, MN 55971
6-810.6 mi
Rushford-Peterson Senior High School
1000 Pine Meadows Lane, Rushford, MN 55971
9-1210.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 40698 Chestnut Rd Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/16/2026
Listed
$749,900
294.68%
MLS
8/24/2020
Sold
$190,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 40698 Chestnut Rd

Year
Property Taxes
Change
Tax Assessment
Change
2026
$1,198
14%
$359,600
17%
2024
$1,054
23%
$307,600
—
2020
$858
—
$307,600
27%
2020
$858
20%
$242,300
10%
2020
$714
-59%
$221,200
—
2019
$1,754
—
$221,200
5%
2019
$1,754
237%
$210,100
—
2013
$520
—
$210,100
10%
2013
$520
—
$190,400
4%
2013
$520
—
$183,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Edina Realty, Inc.

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40698 Chestnut Road, Lanesboro, MN 55949 (MLS# 7055574) is a Single Family property with 3 bedrooms, 1 full bathroom and 2 partial bathrooms. 40698 Chestnut Road is currently listed for $749,900 and was received on May 14, 2026. Want to learn more about 40698 Chestnut Road? Do you have questions about finding other Single Family real estate for sale in Lanesboro? You can browse all Lanesboro real estate or contact a Coldwell Banker agent to request more information.

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