490th St, Mankato, MN 56003
Property image
Property image
FOR SALE
12.7 ACRES

$399,900

    490th St, Mankato, MN 56003

    Get Pre-Qualified

    Home Highlights

    Property Type
    Lot/Land
    Lot Size
    12.7 acres

    Local Information

    • Map ViewExplore the area around 490th St.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Opportunities like this don't come along often! Discover the perfect blend of privacy, space, and convenience with this exceptional approximately 12.5 acre property. Located just outside of town, you'll enjoy the peacefulness of country living while remaining just minutes from everyday amenities. With approximately 5.5 buildable acres, this is an ideal setting for your dream home. The stunning ravine provides beautiful views, natural wildlife, and a picturesque backdrop, creating a truly one-of-a-kind homesite. An additional 5 acres of ravine offer even more privacy and scenic beauty, while approximately 2 acres of level ground provide endless possibilities for a hobby area, gardens, recreational space, or whatever fits your lifestyle. If you've been searching for acreage that offers room to spread out without feeling isolated, this property is the perfect balance—surrounded by nature with neighboring homes nearby and an unbeatable location close to town. The perfect place to build, grow, and enjoy the best of both town and country living.
    Last check for updates: about 18 hours ago
    Listing courtesy of Staci Murphy
    American Way Realty
    Source: RASM, MLS#267040881
    Also Listed on RASM.

    Home Details for 490th St

    Active Status

    MLS Status: ACTIVE

    Exterior Features

    Frontage
    Not on Waterfront

    Days on Market

    Days on Market: 49

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Mixed Use

    Price & Status

    Price
    List Price: $399,900

    Location

    Direction & Address
    City: North Mankato

    Agent Information

    Listing Agent
    Listing ID: 267040881

    Lot Information

    Lot Area: 12.7 Acres

    Miscellaneous

    Mls Number: 267040881

    Around this home

    What Locals Say about North Mankato

    At least 37 Trulia users voted on each feature.

    • 92 % Say parking is easy

    • 90 % Say there are sidewalks

    • 86 % Say it's dog friendly

    • 83 % Say car is needed

    • 81 % Say there's holiday spirit

    • 76 % Say kids play outside

    • 74 % Say yards are well-kept

    • 74 % Say people would walk alone at night

    • 70 % Say streets are well-lit

    • 62 % Say it's walkable to restaurants

    • 60 % Say it's quiet

    • 58 % Say neighbors are friendly

    • 53 % Say there's wildlife

    • 43 % Say they plan to stay for at least 5 years

    • 28 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Brady Bisel
      "I don’t think there’s anything out of the ordinary. It’s a standard normal family oriented neighborhood with lots of dog walkers. "
      0
      Flag
    • Julia.reichel22
      "Some streets will come together to do a “block party” with a band for entertainment. Some get together to coordinate Christmas light shows. "
      0
      Flag
    • Brady Bisel
      "North Mankato is the nicer of the two Kato’s in my humble opinion. The only drawback is there’s no grocery store in North Mankato. "
      0
      Flag
    • Dani
      "Everyone has a dog, most back yards are fenced in. I’ve only seen 1 dog fight and both were on leash. No dogs at large messing with yours. "
      0
      Flag
    • Sonja K.
      "Great place for kids, lots of Playgrounds and parks nearby to play at. Also the new swimming pool is a lot of fun! Great schools as well!"
      1
      Flag
    • Siri O.
      "I’ve lived in this neighborhood for about three months! The neighbors are always about and are super friendly! There are people of all ages and have yet to meet someone sketchy or who I didn’t trust :)"
      0
      Flag
    • Sarah D.
      "I’m not sure. Haven’t lived here very long. I work a lot so I haven’t had the time to explore the the area."
      1
      Flag
    • Terri '. B.
      "Very dog friendly. Most dog owners are respectful and clean up after them. That is all I have to say"
      0
      Flag
    • Jess B.
      "I drive my own car, but traffic is mild at all times here. Never see a real rush hour! My daily commute is simple and uneventful."
      0
      Flag
    • Jordan F.
      "They would like that they wouldn’t have to worry about their dogs barking because everybody’s dogs bark like crazy "
      0
      Flag
    • Trulia User
      "Grew up in the old part of the neighborhood, loved it. Had the dog babysit me outside and was always fine. Would walk about at night when a teenager and never had any problems."
      1
      Flag
    • Technofunktrial
      "lots of places to walk the dog and also a nice dog park in North Mankato. pretty place to wander, and not any (rarely) dogs off lead"
      0
      Flag
    • Dani W.
      "No traffic very residential. Easy drive over the bridge to mankato, or quick Jim on 14 from upper north "
      0
      Flag
    • Darkichi
      "Great schools, parks and local charm. Quite at night and nice neighbors. Seasonal events as well as a summertime parade"
      1
      Flag
    • Nate a. M.
      "There are lots of businesses nearby. Surrounded by established neighborhoods though. Mixed ages. Some fast food places and a few bars. "
      0
      Flag
    • Hollysweat362
      "I've lived in the area for 3 years. Benson Park is a lovely place to be near for peaceful walking, a nice place for children to play, great for dog walking and well kept. 15 mins from the heart of Mankato. close enough for everything you need but far enough you don't feel cramped. ok the closer side to St Peter, I enjoy shopping at the St Peter for co-op. "
      0
      Flag

    Market trends in North Mankato

    Last updated July 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    —
    Sale-to-List Price
    —
    Price per sq ft
    —
    Available listings
    75
    1    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    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
    101 Peterson Dr, North Mankato, MN
    1.01
    Lot/Land
    $110,000
    10/03/25
    -
    -
    629 Marie Ln, North Mankato, MN
    1.32
    Lot/Land
    $135,000
    04/21/26
    -
    -
    809 South Ave, North Mankato, MN
    1.86
    Lot/Land
    $42,000
    07/09/26
    -
    -

    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
    Timm Rd, Mankato, MN 56003
    0.02
    $2,037,750
    -
    -
    -
    For Sale
    26 Restless Ct, North Mankato, MN 56003
    0.01
    $284,900
    3
    3
    2,592
    Off Market
    1975 Lancelot Ln, North Mankato, MN 56003
    0.08
    $68,500
    3
    2
    1,216
    Recently Sold
    2034 Lancelot Ln, North Mankato, MN 56003
    0.10
    $103,100
    4
    2
    1,680
    Off Market
    2147 Celtic Ct, North Mankato, MN 56003
    0.11
    $110,000
    4
    2
    2,079
    For Sale
    2021 Morgan Way, North Mankato, MN 56003
    0.13
    $104,700
    3
    2
    1,568
    Off Market
    2067 Winchester Way, North Mankato, MN 56003
    0.14
    $96,500
    3
    2
    1,680
    Recently Sold
    2135 Excalibur Rd, North Mankato, MN 56003
    0.15
    $82,000
    3
    2
    1,296
    Off Market
    2022 Morgan Way, North Mankato, MN 56003
    0.15
    $151,900
    3
    2
    1,568
    For Sale
    165 Kingsway Dr, North Mankato, MN 56003
    0.17
    $146,900
    3
    2
    1,088
    For Sale
    2062 Morgan Way, North Mankato, MN 56003
    0.17
    $65,000
    3
    2
    1,216
    For Sale

    Price and Tax history

    DateEventPrice
    Jul 14, 2026
    Source: RASM #267040881
    		Listed For Sale
    $399,900

    LGBTQ Local Legal Protections

    Staci Murphy, American Way Realty
    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
    Copyright 2026, REALTOR® Association of Southern MN. All Rights Reserved.
    Last Updated: 2026-08-31 16:29:19 PDT

    Similar Homes You May Like

    Skip to last item
    Skip to first item

    New Listings near 490th St

    Skip to last item
    Skip to first item

    Frequently asked questions about 490th St

    490th St, Mankato, MN 56003 is a lot/land. This property is currently available for sale and was listed by RASM on Jul 14, 2026. The MLS # for this home is MLS# 267040881.