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CRP and Pasture Farmland
For Sale
$328,000

1458 Terrace Drive, Lake Benton, MN 56149

LAND - Lake Benton, MN

Property SizeContact for details
Lot Size46.43 Acres
Days on Market202

Property Features for 1458 Terrace Drive

General Information

Property type Land
Property subtype Other
Zoning description Agriculture
Subdivision Nielsens Estate
Lot features C R P Land
High school district Hendricks
Directions County Road 15, north on 150th Ave., located on the west side
Standard status Active
APN 140163000
Lot size 46.43 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 93
Listing Agency: Wilson O'Brien REALTORS
Listed By: Angie Schumacher
Added: Jan 22 Changed: Aug 3 Last Checked: Aug 12 at 6:06AM
MLS# 7010559

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 46.43-acre agricultural property includes 34.81 acres enrolled in the Conservation Reserve Program and 11.62 acres of productive pastureland. Established grass cover supports nesting habitat and wildlife, while the gently rolling terrain adds recreational appeal. The CRP contract runs through September 30, 2029, and the property has good access.

Located near the shores of Lake Shaokatan and the community of Lake Benton, the tract combines managed agricultural ground with open space suited to outdoor use. The acreage offers a defined mix of CRP and pasture in a rural Lincoln County setting, with established cover and terrain that support a range of agricultural, land-management, and recreational applications.

Key Highlights

  • 46.43 total acres near Lake Shaokatan
  • 34.81 acres enrolled in CRP
  • 11.62 acres of productive pastureland

Property Analytics

Current Use

Hunting land

Location Intelligence

Trade Area within ½ mile

Demographics for 56149, MN

1,261
Population
734
Households
1.7
Avg Household Size
44
Median Age
25%
College-Educated
95%
High-School Grad
111.4 sq mi
ZIP Area
11
Density / Sq Mi
$61,389
Median Household Income
$41,574
Median Earnings
$681
Median Rent
$150,800
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Rolling agricultural acreage combines established grass cover, CRP enrollment, pasture, and recreational habitat near Lake Shaokatan.
Where is this agricultural land / farmland located?
The property is located at 1458 Terrace Drive Lake Benton, MN.
What is the asking price?
The asking price for this property is $328,000.
What are key features of this property?
This property features: 46.43 total acres near Lake Shaokatan; 34.81 acres enrolled in CRP; 11.62 acres of productive pastureland
More about this property
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