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Rick Theisen
REALTOR®, ABR ,CRS,GRI,SFR
(612) 554-1862

40698 Chestnut Road, Lanesboro, MN 55949

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Listed By

Agency Name: Edina Realty, Inc.
Agency Phone: 507-288-7665

Shown By

Agent Name: Rick Theisen
Agent Phone: (612) 554-1862
Agency Title: Counselor Realty

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Property 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, 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.

40698 Chestnut Road | MLS# 7055574

This single family home located at 40698 Chestnut Road, Lanesboro, MN 55949 is currently listed for sale with an asking price of $749,900. This property was built in 2006 and has 3 bedrooms and 3 full baths with 2324 sq. ft. Chestnut Road is located within the Rushford-Peterson school district. Search Lanesboro real estate on rtheisen.counselorrealty.com today.

Property Features

Property Type: Residential - Single Family
Basement: Yes
Basement: Block, Finished, Full
Cooling: Central Air
Fireplaces: 1
Fuel Type: Propane
Garage: 1 car attached
Heating: Forced Air, Fireplace(s)
Lot Size: 22.54 Acres
Roof Type: Age 8 Years or Less
Stories: 2.0
Taxes: $1,198
Year Built: 2006

Feature Descriptions

Additional Living Info.: Main Floor Laundry, Primary Bdr Suite
Additional Structures: Barn(s), Greenhouse, Hog House, Lean-To, Shed(s), Pole Building, Stables, Tack Room
Appliances: Dishwasher, Dryer, ENERGY STAR Qualified Appliances, Humidifier, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Bath: Full Primary, Private Primary, Main Floor 3/4 Bath, Upper Level 3/4 Bath, Upper Level Full Bath
Bathrooms 3/4: 2
Bathrooms Full: 1
Days on Site: 2
Dining: Kitchen/Dining Room, Living/Dining Room
Down Payment Resource: Yes
Exterior: Block
Fencing: Electric, Full, Wood
Fireplace: Two Sided, Electric
Foundation Size: 1344
Lot: Suitable for Horses, Tillable
Lot Dimensions: Irreg
Parcel#: 040264020
Parking: Attached Garage, Garage Door Opener, Gravel, Insulated Garage, Other
Sewer: Septic System Compliant - Yes
Water: Well

Room Sizes

Bathroom: 5x11
Bathroom: 5x9
Family Room: 15x16
Bedroom: 10x14
Kitchen: 14x28
Laundry: 10x13
Living Room: 14x28
Bedroom 2: 10x11
Bedroom 3: 12x13
Wine Cellar: 6x14

Local Schools

School District: Rushford-Peterson

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Estimated Payment

$ 4,309.84 per month $3,991.28 Principal & Interest $99.83 Property Tax $218.72 Homeowner's Insurance

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 05/17/2026. The listing information on this page last changed on 05/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 05/17/2026 12:00:01 AM EST) or RMLS-MN MLS (last updated Sat 05/16/2026 11:53:31 PM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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