23050 Lantern Rd, Preston, MN 55965
OFF MARKET

$620,200

Trulia Estimate
  • Studio

23050 Lantern Rd, Preston, MN 55965

Est. Refi. Payment $3,880/mo*
Refinance Your Home
Currently Off Market - Sold Dec 31, 2020 for $600,000

Home Value

Trulia Estimate
$620K
Since last month
Decreased$56K (-8.8%)
Since last year
Decreased$57K (-8.9%)
Since last sale
Decreased$15K (-2.5%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +39% in the last 10 years
MonthEstimated value
2026
September 2026$585K
August 2026$620K
July 2026$641K
June 2026$636K
May 2026$613K
April 2026$604K
March 2026$615K
February 2026$594K
January 2026$635K
2025
2024
2023

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
2.41
Single-Family Home
$610,000
07/31/26
3
2.5
2,944
3.41
Single-Family Home
$285,000
06/03/26
-
3,716
3.76
Single-Family Home
$579,000
04/28/26
5
4.5
4,792
3.45
Single-Family Home
$202,000
06/01/26
2
2
2,022
3.73
Single-Family Home
$325,000
05/22/26
3
2
3,464
3.73
Single-Family Home
$285,000
07/31/26
3
2
1,793
3.55
Single-Family Home
$160,000
04/29/26
2
2
4,338
3.68
Single-Family Home
$249,900
10/23/25
3
3
2,288
3.65
Single-Family Home
$125,000
08/31/26
3
1.5
1,000
4.48
Single-Family Home
$600,000
10/07/25
5
2
3,872

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
6.12
$466,600
Studio
-
-
Off Market
6.31
$608,000
Studio
-
-
Off Market
6.31
$204,800
1
1
2,020
Off Market
0.39
-
Studio
-
-
Off Market
4.96
$201,000
Studio
-
-
Off Market

Local Information

  • Map ViewExplore the area around 23050 Lantern Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
41.25 acre lot

About this House

This single-family home is located at 23050 Lantern Rd, Preston, MN. 23050 Lantern Rd is in Preston, MN and in ZIP code 55965. This property has a lot size of 41.25 acres.
23050 Lantern Rd, Preston, MN 55965 is a studio single-family home. It last sold for $600,000 on Dec 31, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $620,200, with a rent estimate of $2,285/month.

Home Details for 23050 Lantern Rd

Property Information

Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 41.25 acres

Price and Tax history

DateEventPrice
Dec 31, 2020
Source: N/A
Sold
$600,000

Market trends in Preston

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
13
5
MoM

What Locals Say about Preston

At least 2 Trulia users voted on each feature.
  • 100 % Say kids play outside

  • 100 % Say streets are well-lit

  • 80 % Say yards are well-kept

  • 80 % Say there's wildlife

  • 75 % Say it's walkable to grocery stores

  • 75 % Say parking is easy

  • 67 % Say people would walk alone at night

  • 67 % Say they plan to stay for at least 5 years

  • 50 % Say it's dog friendly

  • 50 % Say there are community events

  • 50 % Say there's holiday spirit

  • 50 % Say it's walkable to restaurants

  • 50 % Say car is needed

  • 50 % Say there are sidewalks

  • 38 % Say neighbors are friendly

  • 33 % Say it's quiet

Sourced by Trulia users. Learn more about our methodology.
  • Jonathan Wood
    "Preston has great access to Hwy 52 which connects to other communities going Northbound or Southbound. "
  • Jmgrebin
    "Trout days is the big community celebration for Preston. Food stands, parade, dances, golf tournament, fishing contests, Also Wednesday night dances at The Club, Friday burger night and meat raffle"

LGBTQ Local Legal Protections

Frequently asked questions about 23050 Lantern Rd

  • What is 23050 Lantern Rd estimated to be worth?
    Trulia's estimated value for 23050 Lantern Rd in Preston, MN is $620,200.
  • What is the price history for 23050 Lantern Rd?
    23050 Lantern Rd in Preston, MN last sold for $600,000 in December 2020.
  • Is Preston a buyer's or seller's market?
    Preston is currently a balanced market, based on recent for-sale activity.
  • What are the closest schools to 23050 Lantern Rd?
    The closest schools to 23050 Lantern Rd in Preston, MN are Kingsland Elementary School (Pre-K, rated 8/10), Kingsland Senior High School (Middle, rated 6/10).
  • How big is the lot at 23050 Lantern Rd?
    The lot at 23050 Lantern Rd in Preston, MN is about 41.3 acres.

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