Lori Gustafson

3698 135th Street

Plato, MN
$ 1,149,900 Beds 4 Baths 3 Sq 3,500
Monthly Estimate* How much can I afford?

Multiple tax parcels selling as one property. Welcome to a spectacular 3,500+ sq. ft. modern executive estate nestled on 48 pristine, highly managed acres of ultimate privacy and breathtaking rural views! Perfectly engineered for luxury country living, outdoor enthusiasts, and conservationists alike, this property offers a rare combination of premium infrastructure and lucrative passive income. This meticulously maintained home boasts an open-concept design across two fully finished levels of spacious living. The main level features a sunlit great room with 9’ ceilings, convenient main-floor laundry, and a private primary suite complete with a walk-in closet and a jetted tub designed for relaxation. The finished walkout lower level features a cozy gas fireplace with remote/thermostat, a spacious family room, an inviting 4-season porch with panoramic views, and a flexible guest bedroom/office layout. Enjoy unmatched winter comfort with a premium, multi-zone radiant in-floor heating system, full Napco security, and a state-of-the-art Rainy Iron Master water conditioning system. Immediate peace of mind is guaranteed by substantial recent exterior upgrades, including a premium Timberline HDZ lifetime roof on both the house and outbuildings (2023), upgraded insulated garage doors, and new privacy fencing. THE INCOME & OUTDOOR PARADISE: The acreage generates over $11,500 in annual passive income via top-tier, high-yielding conservation contracts ($7,500/yr CRP through 2033 and a transferable $4,000+ /yr CSP contract). The diverse landscape features 11 acres of mature woods with established ATV trails, 3 acres of prime tillable wildlife food plots, and nearly 2,000 professionally planted conservation trees—including an established orchard of pear, apricot, plum, and apple trees. Waterfowl and fishing opportunities are premier: the property includes roughly 1 total acre of managed duck habitat and shallow ponds, centered around a gorgeous 0.35-acre backyard fishing pond complete with a solar-powered aerator and loaded with bass, crappie, and sunfish. Outbuilding and Storage: Includes a 30’x50’ cold-storage pole shed with dual-side access doors for all your equipment, plus an attached 3-stall heated attached garage. THE STRATEGIC "212 FACTOR": Enjoy absolute rural tranquility without sacrificing metro access. With the massive Hwy 212 four-lane highway expansion completing in Fall 2026, you are positioned on a high-growth equity corridor just 20 minutes from Carver and 30 minutes from the Chaska Medical Center. Truly a turn-key legacy estate!

Single Family

  • Price
  • $ 1,149,900
  • City
  • Plato
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • MCLEOD
  • Half Bathrooms
  • 0
  • Area
  • Lot Size
  • 48 Acres
  • Zip
  • 55370
  • Sqr Footage
  • 3,500
  • Year Built
  • 2000
  • Taxes
  • $ 4280
  • Style
  • Single Family
  • MLS#
  • 7107840
Listed By: Mages Land Co & Auction
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 3500
Sewer Private Sewer
Heating Forced Air,In-Floor Heating
Cooling Central Air
Roof Age 8 Years or Less,Architectural Shingle
Appliances Dishwasher,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Washer,Water Softener Owned
Garage Spaces 3
Year Built 2000
Electric Circuit Breakers
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
Additional Parcels Description 020341050,020341000,020271250
County McLeod
New Construction No
Property Type Residential
HOA No
Contingency None
Other Structures Shed(s)
Full Baths 3
Directions Head towards McLeod Ave N,turn right onto McLeod Ave N,turn left onto 135th St,turn left to 3698 135th St.
City Plato
High School District Lester Prairie
Zoning Description Forestry,Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4280
Additional Parcels Y/N Yes
Standard Status Active
Lender Owned No
Farm Type Hobby,Other,Wooded/Hunting
Amenities Unit Kitchen Center Island,Kitchen Window,Natural Woodwork,Panoramic View,Tile Floors,Washer/Dryer Hookup,Walk-In Closet
PostalCity Plato

Interior Features

Basement Drain Tiled,Finished,Full,Walkout
Total Fireplaces 1
Fireplace Features Family Room,Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2000
Laundry Features Main Level
Total Bedrooms 4
Below Grade Finished Area 1500
Total Baths 3
Dining Room Description Informal Dining Room
Fuel Propane
Garage Square Feet 792

Exterior Features

Fencing Wood
Parking Features Attached Garage,Garage Door Opener
Lot Features CRP Land,Green Acres,Suitable for Horses,Tillable,Tree Coverage - Medium,Wetlands
Water Source Well
Lot Size Area 48
Building Area Total 4000
Lot Dimensions 2100 x 1100 x 800 x 2100
Waterfront Y/N No
Foundation Area 3500
Road Responsibility Private Maintained Road

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

7/10/2026 Listed $1,199,900
8/26/2026 1% - $1,194,900
8/26/2026 4% - $1,149,900

Property vs Zip Code Average in 55370

Price
AVG $680K
$1.15M
Taxes
AVG $2,852
$4,280
Year Built
AVG 1968
2000
Visits
AVG 12
21
Data Provided by Inside Real Estate®

Areas That We Cover

3698 135th Street Plato, MN is a Single Family Home for sale at $1149900 with 3500 sqft and a lot size of 48 Acres Acre(s). 3698 135th Street Plato has 4 bedrooms, 3 baths and was built in 2000. The property's zip code is 55370 which is in Plato, 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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