19 Preston Twp Mn 55949

Lanesboro, MN 55949

$2,100,000
Price
7,339,860 / 168.5
Lot Size / Acres

Description

Sellers will review first round of offers on March 24, 2025. Presenting an outstanding 186-acre tillable productive farm located off County Road 19, just south of Lanesboro, Minnesota, and north of Harmony, in one of Southeast Minnesota’s most prestigious and highly desirable areas. The entire farm was 256 total acres, if interested in both, the homesite, pasture and more tillable is a separate listing on MLS 6680442 that is approximately 87.2 acres subject to split and survey. This property is a...Sellers will review first round of offers on March 24, 2025. Presenting an outstanding 186-acre tillable productive farm located off County Road 19, just south of Lanesboro, Minnesota, and north of Harmony, in one of Southeast Minnesota’s most prestigious and highly desirable areas. The entire farm was 256 total acres, if interested in both, the homesite, pasture and more tillable is a separate listing on MLS 6680442 that is approximately 87.2 acres subject to split and survey. This property is a rare find, boasting a Crop Productivity Index (CPI) exceeding 85, ensuring exceptional soil quality and productivity across its approximately 186 acres of tillable, highly fertile farmland. Field drive off county road 19 and easement offered at closing down the driveway for access south of waterway. This farm offers a proven track record of profitability, with past rental rates reaching an impressive $300 per acre. Lime was applied two growing seasons ago, and there is some winter cover crop hay seeded last fall. Yields on corn between 180 and 200 average. As of 2025, there is no written contract in place, and the current renter has expressed a strong interest in continuing to lease the land, providing immediate income potential for the new owner. Whether you’re an investor seeking a reliable revenue stream or a farmer looking to cultivate premium acreage, this property delivers unmatched opportunity. Nestled in the scenic countryside of Southeast Minnesota, this farm combines agricultural excellence with a prime location along County Road 19, offering both accessibility and the tranquility of rural living. Land of this caliber, with such productivity and rental history, is a rarity in this sought-after region—don’t miss your chance to own a cornerstone of the area’s farming heritage!

Property Details for 19 Preston Twp Mn 55949

Waterfront Features
Pond
Waterfront YN
No
Zoning Jurisdiction
Agriculture
LISTING UPDATED: 03/10/2025 05:29 PM

Property Details for 19 Preston Twp Mn 55949

StatusActive
MLS #6680455
Days on Compass15
Taxes$2,738 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size168.50 AC
CountyFillmore County

Building Information for 19 Preston Twp Mn 55949

Lot Size168.50 AC

Property Information for 19 Preston Twp Mn 55949

Summary
Location and General Information
  • City Name: Preston Twp
  • County Or Parish: Fillmore
  • County: Fillmore-MN
  • Directions: From Lanesboro, MN turn right onto Sheridan ST W, in 5.2 miles turn left onto Hwy US 52, in .5 mi turn left onto CR-12, in 1.5 mi turn right onto county road 19, in .4 miles destination is on the left.
  • Latitude: 43.6401667849
  • Longitude: -91.9817638122
  • Map Coordinate: 999-A1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Lanesboro
  • City and Location Text: Lanesboro(MN)
  • Postal Code: 55949
  • State Or Province: MN
  • Public Survey Township: 102
  • Topography: Level
Taxes and HOA Information
  • Additional Parcels Description: 160084000,160089000
  • Additional Parcels: Yes
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 160091000
  • Tax Annual Amount: $2,738.00
  • Tax Legal Description: Survey and split of approximately 168.5 acres in SECT-13 TWP-102 RANGE-010
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 2738.0000
School Information
  • High School District: 229 - Lanesboro
  • School District Number: 229
  • School District Phone: 507-467-2229
Property
Lot Information
  • Cultivated Area: 160.0
  • Crop Type: Beans,Corn,Hay/Alfalfa
  • Farm Type: Crop
  • Lot Features: Green Acres, Tillable
  • Lot Size Area: 168.5
  • Lot Size Dimensions: 4237x2700
  • Lot Size Units: Acres
  • Property Type: Land
  • Soil Type: Loam
  • Taxable Acres: 168.500
  • Wooded Area: 2.0
Utilities
  • Irrigation Source: Pond
  • Utilities: None Connected, Electricity Available, Phone Available
Interior and Exterior Features
Exterior Features
  • Fencing: None
  • Road Frontage Type: County Road
  • Road Responsibility: Public Maintained Road

Property History for 19 Preston Twp Mn 55949

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 19 Preston Twp Mn 55949

This home is within Lanesboro Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Private - 1 to 8
Rating
School
Distance
Lanesboro Elementary School
PublicPK to 6

Lanesboro Secondary
Public7 to 12

Duschee Knob School
Private1 to 8

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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19 Preston Twp Mn 55949 is a 168.5 ac of land for sale in Lanesboro, MN 55949. This property was listed for sale on March 6, 2025 by LandProz Real Estate, LLC, it's currently listed at $2,100,000. This listing's school district is Lanesboro Public School District. Nearby schools include Lanesboro Elementary School, Lanesboro Secondary and Duschee Knob School. 19 Preston Twp Mn 55949 is a 0-bed, 0-bath, 168.5 ac of land on a 7,339,860 sq. ft. / 168.5 acres lot.

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 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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of LandProz Real Estate, LLC

Properties displayed may be listed or sold by various participants in the MLS.Based on information submitted to the MLS GRID as of 03/22/2025 01:24 AMAll data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.