Land with Home for Sale in Magnolia, Minnesota

7.48-Acre Property with Updated Home, Large Morton Building & Grain Storage Come check out this impressive 7.48-acre property located at 1923 131st St, Magnolia, MN 56158! Offering a well maintained 2-bedroom, 2-bathroom home with 1,232 sq. ft., this property combines comfortable living with excellent shop, storage, and agricultural capabilities. The home was built in 1979 and has seen numerous updates, including new LP SmartSide siding, roof, gutters, and doors in 2024, a new electric furnace in 2023, and new windows in 2020. The basement also has an installed radon system with a sump pump that is equipped with battery backup. It has also been tiled around the basement to keep your water worries at ease. One of the standout features is the 60' x 99' Morton building, offering plenty of room for equipment, vehicles, projects, and storage. The building features an all-concrete floor, 14-foot sidewalls, and a 24' x 12' overhead door. It also has water service, 220-volt electric, and all-new tin installed in 2024. For those looking for substantial grain-storage capacity, the property includes four grain bins with capacities of approximately 42,000, 18,000, 10,000, and 9,000 bushels. The 42,000- and 18,000-bushel bins come equipped power sweeps, while the 10,000-bushel bin is equipped with drying capabilities. The dryer bin has a DMC continuous system with 2 new burners and 2 new centrifugal fans. The property is serviced by Rock County Rural Water, Sioux Valley Electric, and Alliance for internet, providing the essential utilities for both the home and property. With nearly 7.5 acres, an updated home, a large Morton building, and significant grain-storage capacity, this property offers a unique combination of country living and practical agricultural infrastructure.