40698 Chestnut Rd

Lanesboro, MN 55949

$749,900
Price
3
Beds
2,324 Sq. Ft.
$323 / Sq. Ft.
2,324
Sq. Ft.
$323
per Sq. Ft.
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Description

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,...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.
  1. Listed by Edina Realty, Inc.

Property Details for 40698 Chestnut Road

Waterfront YN
No
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 05/27/2026 08:29 AM

Property Details for 40698 Chestnut Road

StatusActive
MLS #7055574
Days on Compass6
Taxes$1,198 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family
Year Built2006
Lot Size22.54 AC / 981,842 SF
CountyFillmore County
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Location

Listing Courtesy of Edina Realty, Inc.
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Building Information for 40698 Chestnut Road

Stories-Year Built2006Building Size-Lot Size22.54 AC / 981,842 SF

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$3,837 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,737

Property Taxes

$100

HOA Dues

$0

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Property Information for 40698 Chestnut Road

Summary
Location and General Information
  • City Name: Lanesboro
  • County Or Parish: Fillmore
  • County: Fillmore-MN
  • 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).
  • Latitude: 43.6776984943
  • Longitude: -91.8349105476
  • Map Coordinate: 999-A1
  • City and Location: Lanesboro
  • City and Location Text: Lanesboro(MN)
  • Postal Code: 55949
  • State Or Province: MN
  • Public Survey Township: 103
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 040264020
  • Tax Annual Amount: $1,198.00
  • Tax Legal Description: SECT-31 TWP-103 RANGE-008 22.54 AC 22.54AC E1/2 SE1/4
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2026
  • Tax With Assessments: 1198
School Information
  • High School District: 239 - Rushford-Peterson
  • School District Number: 239
  • School District Phone: 5078647785
Property
Lot Information
  • Above Grade Fin SQFT: 2324.0
  • Below Grade Fin SQFT: 0.0
  • Cultivated Area: 8.0
  • Farm Type: Hobby
  • SQFT Total: 2324.0
  • Living Area Units: Square Feet
  • Lot Features: Suitable for Horses, Tillable
  • Lot Size Area: 22.54
  • Lot Size Dimensions: Irreg
  • Lot Size Units: Acres
  • Other Structures: Barn(s), Greenhouse, Hog House, Lean-To, Shed(s), Pole Building, Stables, Tack Room
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family
  • Property Type: Residential
  • SQFT Main Total: 1344
  • Building Area Total: 2688.0
  • Above Grade SqFt Total: 2688
  • Below Grade SqFt Total: 0
Utilities
  • Electric: 150 Amp Service
  • Sewer: Septic System Compliant - Yes
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Exterior Features: Metal
  • Fencing: Electric, Full, Wood
  • Foundation Area: 1344.0
  • Foundation Details: Block
  • Fuel: Propane
  • Pasture Area: 14.0
  • Pool Features: None
  • Road Frontage Type: County Road
  • Road Responsibility: Public Maintained Road
  • Roof: Age 8 Years or Less
  • Patio Porch Type: Composite Decking,Covered,Deck,Wrap Around
Interior Features
  • Appliances: Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Humidifier, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Basement Type: Block, Finished, Full
  • Amenities Unit: 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
  • Bath Desc: Full Primary,Private Primary,Main Floor 3/4 Bath,Upper Level 3/4 Bath,Upper Level Full Bath
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 2
  • Bathrooms Total Count: 3
  • Bedrooms Total: 3
  • Fireplace Features: Two Sided, Electric
  • Fireplaces Total: 1
  • FireplaceYN: Yes
  • Cooling: Central Air
  • Dining Room Description: Kitchen/Dining Room,Living/Dining Room
  • DP Resource: Yes
  • Garage Square Feet: 364
  • Heating: Forced Air, Fireplace(s)
  • Levels: Two
  • Room List: Bathroom, Family Room, Bedroom, Kitchen, Laundry, Living Room, Bedroom 2, Bedroom 3, Wine Cellar
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 5x11
  • Room Level: Upper
  • Room Type: Bathroom
Room 2
  • Room Dimensions: 5x9
  • Room Level: Main
  • Room Type: Bathroom
Room 3
  • Room Dimensions: 15x16
  • Room Level: Main
  • Room Type: Family Room
Room 4
  • Room Dimensions: 10x14
  • Room Level: Upper
  • Room Type: Bedroom
Room 5
  • Room Dimensions: 14x28
  • Room Level: Upper
  • Room Type: Kitchen
Room 6
  • Room Dimensions: 10x13
  • Room Level: Main
  • Room Type: Laundry
Room 7
  • Room Dimensions: 14x28
  • Room Level: Upper
  • Room Type: Living Room
Room 8
  • Room Dimensions: 10x11
  • Room Level: Upper
  • Room Type: Bedroom 2
Room 9
  • Room Dimensions: 12x13
  • Room Level: Main
  • Room Type: Bedroom 3
Room 10
  • Room Dimensions: 6x14
  • Room Level: Main
  • Room Type: Wine Cellar

Property History for 40698 Chestnut Road

DateEvent & SourcePriceAppreciation
May 16, 2026

Listed (Active)

NorthStar #7055574

—
Aug 24, 2020

Sold (Public Record)

Public Record #1408206501

$190,000

+4.9% / yr

Jan 18, 2017

Sold (Public Record)

Public Record #1195207770

$160,000

+1.6% / yr

DateEvent & SourcePrice
05/16/2026

Listed (Active)

NorthStar #7055574

—
08/24/2020

Sold (Public Record)

Public Record #1408206501

$190,000

+4.9% / yr

01/18/2017

Sold (Public Record)

Public Record #1195207770

$160,000

+1.6% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 40698 Chestnut Road

Taxable ValueLand$175,300Additions$184,300Total$359,600
Tax Record2025$1,120 ($93 / month)
Home Facts
Beds0Total Finished SqFt1,344 SqFtAbove Grade Finished SqFt1,344 SqFtLot Size981,842 SqFtStyleSingle Family ResidenceYear Built2005Year Renovated2006CountyFILLMOREAPN04.0264.020

Schools near 40698 Chestnut Road

This home is within Rushford-Peterson Public Schools.
Rating
School
Type
Grades
Distance
Rushford-Peterson Elementary School
Public - PK to 5
Rushford-Peterson Middle School
Public - 6 to 8
Rushford-Peterson Senior High School
Public - 9 to 12
Rating
School
Distance
Rushford-Peterson Elementary School
PublicPK to 5

Rushford-Peterson Middle School
Public6 to 8

Rushford-Peterson Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 40698 Chestnut Road, Lanesboro, MN 55949

40698 Chestnut Road is a single family home for sale in Lanesboro, MN 55949. This property was listed for sale on May 16, 2026 by Edina Realty, Inc., it's currently listed at $749,900. It has been on the market for a total of 6 days and was last sold on August 24, 2020. This listing's school district is Rushford-Peterson Public Schools. Nearby schools include Rushford-Peterson Elementary School, Rushford-Peterson Middle School and Rushford-Peterson Senior High School. 40698 Chestnut Road is a 3-bed, 3-bath, 2,324 sqft single family home built in 2006.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Edina Realty, Inc.

Based on information submitted to the MLS GRID as of 05/27/2026 08:29 AM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.