Lori Gustafson

508 Clay Street

Mantorville, MN
$ 850,000 Beds 3 Baths 4 Sq 3,683 Virtual Tour
Monthly Estimate* How much can I afford?

A rare opportunity in the heart of historic Mantorville! This one-of-a-kind two-house property blends modern luxury, historic character, and incredible income-producing potential — all overlooking charming downtown Mantorville. Tucked behind the original home is a stunning 2023-built ranch style home featuring high-end finishes throughout, thoughtful design, and an open-concept layout that is perfect for entertaining. The beautiful kitchen is designed for both everyday living and hosting, with high-end appliances that make cooking dinner and gathering with guests feel effortless. From there, the large front door opens to an incredible front porch and fire pit area, creating the perfect extension of your entertaining space while overlooking downtown Mantorville. The newer residence also includes a fully finished heated garage with sealed floors, along with sealed exterior surfaces that add durability, function, and a polished look throughout the property. From the quality craftsmanship to the inviting outdoor spaces, this home offers the comfort and convenience of modern living in a truly special historic setting. Also included is an extensively updated 1870 historic home, offering incredible flexibility and character. The main level features rentable office space, while the home also includes two bedrooms, two full bathrooms, and a kitchen. Whether used as office space, an Airbnb, bed and breakfast, guest house, studio, or another passive-income opportunity, this second home opens the door to endless possibilities. Located right in the heart of historic Mantorville, this property is ideal for someone looking for a unique live/work setup, multi-generational living, investment potential, or simply a remarkable property with both new construction comfort and timeless historic charm. Two homes. One incredible property. Endless possibilities in one of Minnesota’s most historic small towns.

Single Family

  • Price
  • $ 850,000
  • City
  • Mantorville
  • Bedrooms
  • 3
  • Full Bathrooms
  • 4
  • County
  • DODGE
  • Half Bathrooms
  • 0
  • Area
  • City-Mantorville
  • Lot Size
  • 0.21 Acres
  • Zip
  • 55955
  • Sqr Footage
  • 3,683
  • Year Built
  • 2023
  • Taxes
  • $ 9600
  • Style
  • Single Family
  • MLS#
  • 7080683
Listed By: Pemberton RE
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 3683
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Metal
Appliances Dishwasher,Disposal,Double Oven,Dryer,ENERGY STAR Qualified Appliances,Exhaust Fan,Gas Water Heater,Water Filtration System,Microwave,Range,Refrigerator,Stainless Steel Appliances,Washer,Water Soften
Garage Spaces 3
Year Built 2023
Levels One
Property Subtype Single Family
Tax Year 2025
Accessibility None
County Dodge
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name City/Mantorville
Other Structures Second Residence
Full Baths 2
Directions From US-52,take the MN-57 exit toward Mantorville. Follow MN-57 into town,then turn east on Clay Street. Continue to 508 Clay Street; the property will be on the left.
City Mantorville
High School District Kasson-Mantorville
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 9600
Additional Parcels Y/N No
Virtual Tour https://www.zillow.com/view-imx/be39e052-6160-49ed-984c-e5f0691107d2?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Active
Lender Owned No
Amenities Unit Hardwood Floors,Kitchen Center Island,Main Floor Primary Bedroom,Vaulted Ceiling(s)
PostalCity Mantorville

Interior Features

Basement Egress Window(s),Finished,Full,Sump Pump
Total Fireplaces 2
Fireplace Features Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2508
3/4 Baths 2
Laundry Features Main Level
Total Bedrooms 3
Below Grade Finished Area 1175
Total Baths 4
Fuel Natural Gas
Garage Square Feet 850

Exterior Features

Parking Features Attached Garage,Finished Garage,Heated Garage,Insulated Garage
Water Source City Water/Connected
Lot Size Area 0.21
Building Area Total 3683
Lot Dimensions 70x150
Waterfront Y/N No
Foundation Area 1330

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/5/2026 Listed $950,000
7/13/2026 11% - $850,000

Property vs Zip Code Average in 55955

Price
AVG $610K
$850K
Taxes
AVG $5,151
$9,600
Year Built
AVG 1980
2023
Visits
AVG 50
202
Data Provided by Inside Real Estate®

Areas That We Cover

508 Clay Street Mantorville, MN is a Single Family Home for sale at $850000 with 3683 sqft and a lot size of 0.21 Acres Acre(s). 508 Clay Street Mantorville has 3 bedrooms, 4 baths and was built in 2023. The property's zip code is 55955 which is in Mantorville, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site 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.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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