Active
3 beds2,324 sqft$299/sqft
40698 Chestnut Rd, Lanesboro, MN 55949
Est: $3,632/moGet pre-approved
Single FamilyProperty Type
22.54 acresLot Size
2006Year Built
$299/sq ftPrice per sq ft
1 carParking Spaces

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.
100 days on Market
  • Listed by: • Edina Realty, Inc.
Last updated: 07/23/2026 01:58 PM • Source: NorthStar, MLS#: 7055574

Location

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

Property Details
  • Taxes: $1,198 / year
  • MLS Type: Residential / Single Family
  • Waterfront YN: No
  • Zoning Jurisdiction: Residential-Single Family
Building Information
  • Year Built: 2006
  • Lot Size: 22.54 AC / 981,842 SF
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
Jul 23, 2026

Price Change

NorthStar #7055574

$695,000
Jun 3, 2026

Price Change

NorthStar #7055574

$710,000
May 16, 2026

Listed (Active)

NorthStar #7055574

DateEvent & SourcePrice
07/23/2026

Price Change

NorthStar #7055574

$695,000
06/03/2026

Price Change

NorthStar #7055574

$710,000
05/16/2026

Listed (Active)

NorthStar #7055574

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$186,600Total$361,900
Tax Record2026$1,198 ($100 / month)
Home Facts
Beds0Total Finished SqFt1,344 SqFtAbove Grade Finished SqFt1,344 SqFtStories1Lot Size981,842 SqFtStyleSingle Family ResidenceYear Built2006Year Renovated2006CountyFILLMOREAPN04.0264.020

Schools near 40698 Chestnut Road

This home is within Rushford-Peterson Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
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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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 $695,000. It has been on the market for a total of 100 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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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 07/23/2026 01:58 PM. 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.