Property Details
3698 135th St Plato, MN 55370
Directions: From Plato head North on Cty Rd 9 for 2.5 miles, turn west onto 135th St and travel 1.4 miles. The property will be on the north side of the road. Watch for Signs!
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.
THE EXECUTIVE RESIDENCE: 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: For the investor or habitat manager, this land is an absolute goldmine. 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. The fruit bearing trees (including fruiting pear, apricot, plum, and apple trees) are currently too young to produce harvestable fruit.
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 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!
Utilities: Private well & LP gas. Real Estate Auction Closing at 5PM on July 8th
For showings or more information contact: Matt Mages – 507-276-7002
Additional Income Source from the Land
CRP Contracts ($7500 per year – AVG of $288/Acre): Of the 48 acres, 26 acres are enrolled in Conservation Reserve Program (CRP) Contracts. These contracts are scheduled to expire & be up for renewal as follows:
- 5.8 Acres Expires 9/30/2027
- 16.22 Acres Expires 9/30/2028
- 4.0 Acres Expires 9/30/2033
CSP Contract ($4000+ per year): This property is enrolled into a five-year Conservation Stewardship Program (CSP) with the NRCS. CSP contracts can be difficult to obtain, but once enrolled, new contract applications are more likely to be more successful. The contract for this property is set to expire at the end of 2029, with new applications starting prior to or in 2030. The remaining payout schedule for this program is as follows:
- 10/2026 = $4000
- 10/2027 = $4000
- 10/2028 = $4000
- 10/2029 = $8069
Note: CSP differs from CRP in that it is paid out based on actions and not per acre. CSP contracts have a minimum payout of $4000 per year. This CSP contract has 2 of 3 actions that have been completed. (Completed tasks done: Put up a bat house & Plant & tube 25 white swamp oaks) The last action needed to fulfill this contract is to perform a 1.5 acre forest stand improvement. To take over this contract the buyer will need to complete & finish thinning less desired tree species for a 1.5 acre section of the woods (east side) and to replant more desirable shrubs/trees for wildlife. These can be saplings and native species of their choice. Once completed, the buyer will get an additional $4069 in 2029. If the buyer agrees to take over the CSP contract, they will get over $20,000 over the next four years.
* The CSP program is completely voluntary on whether the buyer wants to continue that program. If they do, they will be obligated to perform a 1.5 acre “Forest Stand Improvement” and “Thinning for Wildlife and Forest Health” some time by the end of 2029. This is on the eastern portion of the woods.
*The CRP contracts must be taken though. If the buyer wants, they can buy out the contract after they take on the contracts, but we will not buy out the contracts.
Interior Home Features
- Heated (radiant) floor throughout the house. In areas such as the kitchen, bathrooms, & downstairs gaming area.
- New Rainy 2510 Iron Master C.R. 26 water conditioning system installed September 2024
- Gas fireplace with remote & thermostat
- Napco Gemini Security System
- Lifebreath 205MAX air exchanger
- Hot water heater replaced February 2022
- Septic was pumped & inspected December 2025
- Furnace circuit board was replaced May 2025
- EUFY E340 security video doorbell
Exterior Home Features
- 30′ x 50′ old storage pole shed
- Attached 3-stall Garage – Garage upgraded with insulated overhead doors featuring windows, installed in May 2023.
- New roof on house, installed May 2023 (Timberline HDZ Lifetime Shingles)
- New roof of pole shed – May 2023
- New siding on east side of house – May 2023
- New privacy fence off the side deck – November 2025
- Driveway asphalt cracks filled & sealed – July 2025
- Truck-load of gravel added to the properties entrance lane – July 2025
- Added a 36′ x 45′ garden, south of the pole shed
- Deck & fence stained – November 2025
For showings or more information contact: Matt Mages – 507-276-7002
Real Estate Terms: No Buyer’s Premium on Real Estate. Bidders are required to mail in or drop off a $30,000 earnest money cashiers check made out to the bidder and Mages Land Company Trust. Checks will be held, and not deposited. All checks must be mailed or delivered to the Mages office no later than July 6th to be approved for online bidding. Once becoming the winning bidder, the buyer’s previous $30,000 will become nonrefundable earnest money down, and enter into a *non-contingent purchase agreement with the balance to be paid upon closing on or before August 18th.* Non winning bidders may pick up cashiers checks or Mages Land Company will mail them back via certified mail. The property will be sold in “AS IS” condition including refrigerator, stove, washer, dryer & deer stands on property, does not include any other personal property. The seller or seller’s agents are not responsible for any errors in information. This is a guide. Buyers are responsible to collect their own info. Anything said the day of the auction takes precedence over written material. Seller has the right to reject any & all bids. Auctioneer has the right to run the sale however he feels best serves the seller. Mages Land Co & Auction Service represents the seller in this transaction. *Buyer can possible be contingent on sale of their property. Contact listing broker if needed.
Broker: Matt Mages 507-276-7002; Founder: Larry Mages 507-240-0030
Realtors: Joe Maidl 507-276-7749; Deb Fischer 507-240-0546; Ed Mages 507-276-2976; Lynn Lodes 507-276-7039; Jim Heil 507-276-1405; Katie Mayland 507-473-3755
Contact Us About This Property Or contact right away by calling (507) 276-7002
