Lori Gustafson

18123 Deer Road

Lanesboro, MN
$ 1,200,000 Beds 7 Baths 4.5 Sq 4,017
Monthly Estimate* How much can I afford?

Private 40-Acre Retreat. Escape to Southeast Minnesota and discover your own private hide away among the rolling hills and wooded terrain of Historic Bluff Country. This beautiful ranch-style home offers an open, bright living space with a sunroom and walk-out lower level providing room for family and friends. The kitchen is well arranged with a large island and pantry, plus an additional sink and wood cook stove as an option for the homesteader at heart. The large living room features a freestanding gas fireplace, wood floors and direct access to the sunroom. A large primary bedroom with ensuite and walk-in closet, 4 additional bedrooms, 1 ½ baths, large laundry room, and home office complete the main level living space. The lower-level rec room offers incredible flexibility, featuring a freestanding wood fireplace and space for gathering, adding a home gym, and allows for easy access to the back yard. With two additional bedrooms and bathrooms, a second laundry, and abundant storage, this level is ideal for guests and family and offers flexibility to adapt to your needs. The home is generator ready and fiber optics internet wired. There is a large attached 2 car garage plus an XL 1-car detached garage with finished interior, and cabinets. The property includes a 32' x 48' steel building with concrete floors, a 24 x 40 greenhouse, a potting shed, a couple older buildings, and original windmill that completes the building site and simply adds to the charm. This awesome 40-acre retreat offers a lifestyle to dream of with a desirable combination of features including a comfortable home, a nice set of buildings, productive land, mature woods, a spring-fed trout stream, and walking trails. The property is zoned residential-ag, allowing livestock, and currently has approx. 10 acres of hay ground. If you’ve been dreaming of space, privacy, nature, and a place to make memories, come see for yourself what makes this 40-acre retreat so special and discover the possibilities waiting for you.

Single Family

  • Price
  • $ 1,200,000
  • City
  • Lanesboro
  • Bedrooms
  • 7
  • Full Bathrooms
  • 4
  • County
  • FILLMORE
  • Half Bathrooms
  • 1
  • Area
  • Lot Size
  • 40.57 Acres
  • Zip
  • 55949
  • Sqr Footage
  • 4,017
  • Year Built
  • 1992
  • Taxes
  • $ 3162
  • Style
  • Single Family
  • MLS#
  • 7116091
Listed By: RE/MAX Select Properties
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 4017
Sewer Private Sewer
Heating Forced Air,Wood Stove
Cooling None
Roof Asphalt
Appliances Dryer,Exhaust Fan,Fuel Tank - Owned,Microwave,Range,Refrigerator,Washer,Water Softener Owned
Garage Spaces 3
Construction Materials Frame
Year Built 1992
Electric Circuit Breakers,100 Amp Service,200+ Amp Service
Levels One
Property Subtype Single Family
Tax Year 2025
Waterfront Features Creek/Stream
Accessibility Doors 36 +,Grab Bars In Bathroom,Hallways 42 +,Door Lever Handles,Partially Wheelchair,Wheelchair Ramp(s)
Additional Parcels Description 10177000
County Fillmore
New Construction No
Property Type Residential
HOA No
Contingency None
Other Structures Greenhouse,Shed(s),Root Cellar,Storage Shed
Full Baths 2
Directions South of Lanesboro on County 21,at Y state on County 12,at stop sign turn right onto County 23,then left onto 186th st,at bend road turns into Deer Rd stay left,sign will be on the right side.
City Lanesboro
High School District Lanesboro
Zoning Description Agriculture,Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 3162
Additional Parcels Y/N Yes
Standard Status Active
Lender Owned No
Farm Type Hobby
Amenities Unit Hardwood Floors,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Patio,Skylight,Sun Room,Tile Floors,Washer/Dryer Hookup
PostalCity Lanesboro

Interior Features

Basement Daylight/Lookout Windows,Finished,Partially Finished,Storage Space,Walkout
Total Fireplaces 2
Fireplace Features Family Room,Free Standing,Gas,Living Room,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2678
Half Baths 1
3/4 Baths 2
Laundry Features Lower Level,Laundry Room,Main Level
Total Bedrooms 7
Below Grade Finished Area 1339
Total Baths 5
Bath Desc Two Basement Baths,3/4 Basement,Full Primary,Private Primary,Main Floor 1/2 Bath,Main Floor Full Bath,Separate Tub & Shower
Dining Room Description Breakfast Bar,Informal Dining Room
Foundation Dimensions irregular
Fuel Propane
Garage Dimensions 30 x 30,20 x 24
Garage Square Feet 1476

Exterior Features

Parking Features Attached Garage,Detached Garage,Floor Drain,Finished Garage,Garage Door Opener,Insulated Garage
Lot Features Tree Coverage - Medium
Water Source Private
Lot Size Area 40.57
Building Area Total 5356
Lot Dimensions irregular
Wooded Area 15
Waterfront Y/N Yes
Foundation Area 2678
Road Frontage Type Township
Cultivated Area 10
Pasture Area 4

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

8/17/2026 Listed $1,200,000

Property vs Zip Code Average in 55949

Price
AVG $490K
$1.2M
Taxes
AVG $3,229
$3,162
Year Built
AVG 1923
1992
Visits
AVG 18
36
Data Provided by Inside Real Estate®

Areas That We Cover

18123 Deer Road Lanesboro, MN is a Single Family Home for sale at $1200000 with 4017 sqft and a lot size of 40.57 Acres Acre(s). 18123 Deer Road Lanesboro has 7 bedrooms, 4 baths and was built in 1992. The property's zip code is 55949 which is in Lanesboro, 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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