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40698 Chestnut Road, 
Lanesboro, MN 55949

$695,000


3

Beds


3

Baths


2,324

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Camille Hanson

Edina Realty, Inc.

507-288-7665

Last updated:

August 1, 2026, 12:10 PM

MLS#

7055574

Source:

NSMLS

About This Home

40698 Chestnut Road

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.

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 2006

Price Summary

695,000

$299 per Sq. Ft.

MLS #:

7055574

Last Updated:

August 1, 2026, 12:10 PM

Added:

2 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

1

Interior

Living Area:

2,324 Sq. Ft.


Structure

Structure

Building Area:

2,688 Sq. Ft.

Year Built:

2006


Lot

Lot Size (Sq. Ft):

981,842


Finances & Disclosures

Finances

Price:

$695,000

Price per Sq. Ft:

$299 per Sq. Ft.

Source:NSMLS
Data is deemed reliable but is not guaranteed accurate by the MLS. The information being provided is 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.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.