Farmland and CRP Recreational
1458 Terrace Drive Lake Benton, MN 56149
1458 Terrace Drive, Lake Benton, MN, 56149
$328,000
For Sale
$328,000
LAND - Lake Benton, MN
Lot Size46.43 Acres
Days on Market181
Property Features for 1458 Terrace Drive
General Information
- Property type
- Land
- Property subtype
- Other
- 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
(507) 532-5756
Listed by
Angie Schumacher
(507) 532-5756
Added: Jan 22 Updated: Jun 29 at 3:45PM Checked: Jul 22 at 7:06PM
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 for-sale land offering totals 46.43 acres and combines income-producing CRP acres with current productive pastureland. The property includes 34.81 acres enrolled in CRP, along with 11.62 acres of pasture. The CRP contract is set to expire September 30, 2029, and the listing notes annual CRP payments of $4,906.00, with minimal maintenance. Cover is described as established grass, and the terrain is gently rolling.
The parcel is located near the shores of Lake Shaokatan, with good access and a natural setting suited to outdoor use. The established CRP grasses are presented as providing cover for nesting habitat and game species, contributing to the property’s recreation and wildlife appeal. The listing also notes proximity to nearby towns for amenities.
This tract is positioned for buyers who want a mix of productivity and recreation. For land managers and investors, the CRP component provides an income-producing acreage with a known contract end date. For recreational buyers, the combination of pasture and established grasses, along with gently rolling ground, supports outdoor activities centered on wildlife habitat and established cover. The pasture acres offer flexibility for a range of uses consistent with the current productive pastureland configuration.
The parcel is located near the shores of Lake Shaokatan, with good access and a natural setting suited to outdoor use. The established CRP grasses are presented as providing cover for nesting habitat and game species, contributing to the property’s recreation and wildlife appeal. The listing also notes proximity to nearby towns for amenities.
This tract is positioned for buyers who want a mix of productivity and recreation. For land managers and investors, the CRP component provides an income-producing acreage with a known contract end date. For recreational buyers, the combination of pasture and established grasses, along with gently rolling ground, supports outdoor activities centered on wildlife habitat and established cover. The pasture acres offer flexibility for a range of uses consistent with the current productive pastureland configuration.
Key Highlights
- 46.43‑acre parcel near Lake Shaokatan with a mix of CRP acres (34.81) and productive pasture (11.62)
- CRP contract provides $4,906.00 in annual income with contract expiration on September 30, 2029
- Established grass cover on the CRP ground with established wildlife nesting and cover value
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hunting land
FAQs
What type of property is this?
Agricultural land / Farmland - 46-acre tract with CRP acres and pasture near Lake Shaokatan for income and outdoor recreation.
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‑acre parcel near Lake Shaokatan with a mix of CRP acres (34.81) and productive pasture (11.62); CRP contract provides $4,906.00 in annual income with contract expiration on September 30, 2029; Established grass cover on the CRP ground with established wildlife nesting and cover value