Set on a picturesque 10.27-acre property surrounded by mature trees and a scenic ravine, this beautifully maintained home offers the perfect blend of privacy, charm, and functionality. This one owner home, (with both home and pole barn/shed built in 2002) is being offered for sale for the first time! Both structures have been thoughtfully designed and impeccably cared for; with beautifully landscaped grounds forming a peaceful retreat with stunning views in every season. Inside, you’ll find an inviting layout featuring both formal and informal dining spaces, a spacious kitchen with newer appliances, breakfast bar seating, and abundant cabinetry. The cozy family room is highlighted by a striking fieldstone fireplace and soaring ceilings that enhance the home’s warm and welcoming feel. The main-floor primary suite offers a private escape with its 3/4 bath, oversized walk-in closet, and attached three-season porch that overlooks the serene property. Upstairs, two additional bedrooms, a full bath, and a versatile bonus room provide excellent space for an office, hobby room, or extra storage. Charming dormers and an open hallway overlooking the family room below add character and architectural appeal throughout the upper level. The finished lower level includes a fourth bedroom, full bathroom, spacious rec room, mechanical room, and plenty of storage space. Outside, the home is polished with cement board siding, a quaint front porch, private back deck, firepit gathering area, and a resting spot near the countless plants in the perennial gardens! The detached 66x44 shed features a concrete floor and numerous windows that fill the space with natural light—ideal for a workshop, studio, or additional storage needs. This is your rare opportunity to lavish in the best of acreage living; privacy, beauty, and thoughtfully designed spaces both inside and out are waiting to be yours!
Sold-co-op by mls member
Zestimate®
$740,000
38462 498th St, North Mankato, MN 56003
4beds
3,992sqft
Single Family Residence
Built in 2002
10.27 Acres Lot
$740,000 Zestimate®
$185/sqft
$3,867 Estimated rent
Home value
$740,000
Estimated sales range
Not available
$3,867/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
MICHELLE STARKEY,
True Real Estate
Bought with:
Gene Lancaster
Re/Max Results
Source: RASM,MLS#: 7040382
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 223.22
- Dimensions: 16.33 x 13.67
Bedroom 1
- Level: Upper
- Area: 180
- Dimensions: 15 x 12
Bedroom 2
- Level: Upper
- Area: 168
- Dimensions: 14 x 12
Bedroom 3
- Level: Basement
- Area: 204.75
- Dimensions: 15.75 x 13
Dining room
- Features: Breakfast Nook, Eat-in Kitchen, Formal Dining Room, Informal Dining Room
- Level: Main
- Area: 164.67
- Dimensions: 13 x 12.67
Family room
- Description: Irregular shaped
- Level: Lower
Kitchen
- Level: Main
- Area: 233.33
- Dimensions: 18.67 x 12.5
Living room
- Description: Vaulted to upper level
- Level: Main
- Area: 252
- Dimensions: 21 x 12
Heating
- Forced Air, Propane - Tank Rented
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Electric Water Heater, Water Softener Owned
- Laundry: Washer/Dryer Hookups, Main Level
Features
- Ceiling Fan(s), Eat-In Kitchen, Natural Woodwork, Vaulted Ceiling(s), Walk-In Closet(s), Bath Description: 3/4 Primary, Full Basement, Main Floor 1/2 Bath, Private Primary, Upper Level Bath, Main Floor Bedrooms
- Flooring: Hardwood
- Windows: Combination Windows (L)
- Basement: Egress Windows,Finished,Block,Full
- Has fireplace: Yes
- Fireplace features: Gas
Interior area
- Total structure area: 3,685
- Total interior livable area: 3,992 sqft
- Finished area above ground: 2,590
- Finished area below ground: 1,095
Property
Parking
- Total spaces: 2
- Parking features: Asphalt, Gravel, RV Access/Parking, Attached, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: 2.25 - 2.75 Story
- Stories: 2
- Patio & porch: Deck, Patio, Porch
Lot
- Size: 10.27 Acres
- Dimensions: 447,361 sq.ft.
- Features: Landscaped, Tree Coverage - Medium
Details
- Additional structures: Storage Shed
- Foundation area: 1402
- Parcel number: 01.023.1520
- Other equipment: Air to Air Exchange
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame/Wood, Cement Board
- Roof: Asphalt
Condition
- Previously Owned
- New construction: No
- Year built: 2002
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Private Sewer
- Water: Private
Community & HOA
Location
- Region: North Mankato
Financial & listing details
- Price per square foot: $185/sqft
- Tax assessed value: $603,100
- Annual tax amount: $6,346
- Date on market: 8/21/2026
- Listing terms: Cash,Conventional,DVA,FHA,Rural Development
- Road surface type: Gravel
Price history
| Date | Event | Price |
|---|---|---|
| 8/21/2026 | Sold | $740,000-1.3%$185/sqft |
Source:  RASM #7040382 Report a problem | ||
| 5/23/2026 | Listed for sale | $749,900$188/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #7079851 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,046 +0.9% | $603,100 -2.5% |
| 2024 | $5,992 -1% | $618,700 +3.3% |
| 2023 | $6,054 +21.6% | $599,200 |
| 2022 | $4,978 +2% | $599,200 +35.1% |
| 2021 | $4,880 +1.2% | $443,400 +2.8% |
| 2020 | $4,822 | $431,500 |
| 2019 | $4,822 | $431,500 +1.3% |
| 2018 | -- | $425,900 +9.2% |
| 2017 | -- | $389,900 |
| 2016 | -- | -- |
| 2015 | -- | -- |
Find assessor info on the county website
Neighborhood: 56003
Nearby homes
- $297,900-- bd-- ba-- sqft38418 498th St, North Mankato, MN 56003Off Market
- $240,7004 bd2 ba1.5k sqft38458 498th St, North Mankato, MN 56003Off Market
- $433,9003 bd1 ba-- sqft38594 498th St, North Mankato, MN 56003Off Market
- $2,194,8008 bd9 ba-- sqft38418 498th St, North Mankato, MN 56003Off Market
- $548,9003 bd2 ba1.6k sqft49624 Old River Bluff Rd, North Mankato, MN 56003Off Market
- $592,2005 bd3 ba-- sqft38414 498th St, North Mankato, MN 56003Off Market
- $656,7003 bd2 ba1.5k sqft38810 498th St, North Mankato, MN 56003Off Market
- $412,9002 bd2 ba1.8k sqft38305 490th St, Saint Peter, MN 56082Off Market
Nearby schools
GreatSchools rating
- 6/10Hoover Elementary SchoolGrades: K-5Distance: 4.2 mi
- 7/10Dakota Meadows Junior High SchoolGrades: 6-8Distance: 3.2 mi
- 8/10Mankato West Senior High SchoolGrades: 9-12Distance: 5 mi
Schools provided by the listing agent
- Elementary: Hoover
- Middle: Dakota Meadows
- High: Mankato West
- District: Mankato #77
Source: RASM. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Minnesota
- Nicollet County
- Mankato
- 56003
- 38462 498th St
