For Sale: Preston Twp MLS# 6680455
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Property Description
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 Minnesotaâ??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 youâ??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 regionâ??donâ??t miss your chance to own a cornerstone of the areaâ??s farming heritage!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$2,100,000
Property Type:
Farm
City:
Preston Twp
County:
Fillmore
State:
MN
Property Style:
Other
Zip Code:
55949
Exterior
Fencing:
None
Road Responsibility:
Public Maintained Road
Road Frontage:
County Road
Lake & Waterfront
Waterfront Present:
N
Waterfront:
Pond
Lot & Land
Acres:
168.5
Geolocation:
43.6401667849, -91.9817638122
Inclusions:
None
Lot Dimensions:
4237 x 2700
Wooded Acres:
2
Addl Parcels:
160084000, 160089000
Restrictions:
- Easements
- Easements-Road/Right of Way
- Easements-Utility
Zoning:
Agriculture
Lot Description:
- Green Acres
- Tillable
Farm
Farm Type:
Crop
Soil Type:
Loam
Agricultural Water:
Pond
Crop Type:
Beans, Corn, Hay/Alfalfa
Tillable Acres:
160
Topography:
Level
Schools
School District:
229
District Phone:
507-467-2229
Financial & Taxes
Tax Year:
2024
Annual Taxes:
$2,738
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$2,738
Association Fee Required:
No
Association Fee:
None
Taxable Acres:
168.500
Miscellaneous
Development Status:
Raw Land
Improvements:
Public Road
Available Utilities:
- Electricity Available
- None Connected
- Phone Available
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Listing provided by RMLS,
courtesy of LandProz Real Estate, LLC.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.