Pipestone County, MN 160 Acres

$999,999
New Listing

Property Details

ID: 85873
Status: New Listing
Price: $999,999
Acres: 160
Price Per Acre: $6,250
Type: Farms, Horse Property, Ranches, Commercial, Residential Property
Address: 56 40th Avenue
City, State: Jasper, Minnesota
County: Pipestone
Zip Code: 56144
Presented By: Cole Block

Description

Introducing an exceptional and rare opportunity to own a dynamic 160-acre property located in  Eden Township, just a short drive from Jasper, Minnesota. This property brings together a blend of agricultural land, quality pasture, and opportunity for a quartzite quarry. Whether you're a producer looking to expand your operation, an investor seeking diverse income streams, or a buyer looking for a piece of land that balances practicality with potential, this property deserves your close attention.

The property is easily accessed by well-maintained county roads, allowing for efficient movement of equipment, supplies, or livestock. Whether you're hauling grain, transporting hay, managing livestock, or accessing quarry materials, you’ll appreciate the ease of logistics.

Land Breakdown

The 160-acre property is intelligently divided into highly functional components:

  • 82.53 Acres of Tillable Farmland:
    The tillable acres are currently in active production and have been responsibly managed over the years. This ground offers solid yields and is suitable for a range of crops, making it ideal for row crop producers or those looking to add acreage to their existing farm portfolio. The soils in this region are known for their productivity, and this tract offers consistency and scale.
  • Approximately 69 Acres of Pasture:
    The pasture acres are a great complement to the farmland. Fenced and usable for cattle or other grazing animals, this section presents excellent rotational grazing potential or can be leased for additional income.

The mix of grasses, rolling terrain, and access makes it ideal for a livestock operator or rancher, but also adds potential for future development.

  • 7-Acre Building Site:
    The building site offers established infrastructure with immediate utility. It includes:
    • Two homes – Whether for rental, farmhand housing, or personal residence, the existing homes offer great flexibility. One home could serve as your primary residence while the other could generate rental income or house employees.
    • Two pole sheds – These outbuildings provide significant value for storage, machinery, hay, equipment, or workshop needs. They're functional, well-placed, and critical for farm or business operations.

This part of the property opens up a variety of uses: homesteading, small-scale operations, rental income, or simply a base of operations for managing the larger land assets.

Historic Pipestone Quarry with Income Potential

Perhaps the most unique and undervalued asset on this property is the established pipestone rock quarry—a rare geological and historical feature that distinguishes this land from most others in the region.

  • The quarry has historically generated income, and with renewed focus or marketing, it could again become a steady revenue stream.
  • The site contains valuable Pipestone and Sioux Quartzite, part of the well-known quartzite ledge that runs through this region.
  • Quartzite is prized for its strength, color, and beauty—used in everything from historical monuments to modern construction materials.

The quarry adds significant versatility and value for a buyer who may want to reactivate this resource. The extraction rights, materials, and existing infrastructure make it more than just an aesthetic feature—it’s a tangible business opportunity embedded right into the land.

Quartzite Ledge — A Rare Geological Asset

The property's position atop the quartzite ledge is more than a minor footnote—it’s a key component of this land’s value and identity. This geological feature has not only shaped the landscape visually and historically but also opens the door for potential mining or extraction ventures.

Buyers with an eye for business or industrial application will recognize the possibilities that come with owning land on a proven mineral and stone formation. Whether it’s for limited personal use, contracting with a local excavation outfit, or developing a full mining operation (subject to appropriate permitting and regulations), the potential here is real and ready.

Income Streams & Investment Security

This property isn’t just a piece of land—it’s a fully functional multi-income asset. Here's a breakdown of potential and current income sources:

  1. Tillable Lease (2025 already secured) – Immediate ROI with crop income, renewable annually.
  2. Pasture Lease (2025 already secured) – Passive grazing income with low overhead.
  3. Residential Rental Income – Live in one home, lease the other, or rent both.
  4. Quarry Income – Historically producing, with potential for future monetization.
  5. Equipment Storage or Lease – Outbuildings could support third-party use or rental.

With multiple income streams already in place and more potential on the horizon, this property offers a rare balance of security and upside.

Versatility for a Range of Buyers

One of this property’s strongest appeals is its versatility. This isn’t a one-dimensional ag parcel—it’s a multi-purpose investment that can appeal to:

  • Producers and Farmers looking to expand land base, gain control of additional tillable acres, and integrate pasture into their rotation.
  • Investors seeking diverse, stable income with land value appreciation and multiple monetization paths.
  • Outdoor Enthusiasts or Homesteaders wanting a multi-use tract with space, privacy, and land-based living.
  • Businesses or Developers interested in exploring quartzite or pipestone extraction as a commercial venture.

Very few parcels offer this kind of flexibility, location, and built-in infrastructure all in one tract.

Property Features

  • 160 total acres in Eden Township, Pipestone County
  • 82.53 acres of tillable farmland — rented for 2025
  • 69 acres of pasture — rented for 2025
  • 7-acre building site with:
    • 2 homes
    • 2 pole sheds

  • Established pipestone quarry with historic revenue
  • Quartzite ledge—rare geological and mining potential
  • Multiple income streams already active
  • Easy access via county roads
  • Minutes from Jasper, MN

Area Information

City of Jasper

City of Pipestone

Pipestone School District

Luverne School District

Garretson School District

Sioux Quartzite

Directions: From Jasper, head east and turn north on 40th Ave, go 1/2 mile, and the property is on the east side of the road.

Showing Instructions: Please allow 24-48 hour notice for showing.

Additional Details

Home Details

Sq Ft: 2468.00
Beds: 4
Full Baths: 1
Year Built: 1920
Stories: 2
Foundation: Stone
Exterior Materials: Steel Siding, Vinyl Siding
Roof: Asphalt
Basement: Unfinished
Appliances: Oven
Water Source: Well
Heating: Propane

Additional Info

School District: Pipestone
Utilities: Electricity Connected, Sewer Connected, Water Connected
Wildlife: Small Game, Whitetail Deer
Water Access: Creek
Rights: Mineral
Improvements: Fencing, Outbuilding, Shed
Fencing: Wire
Soil: Silty Clay Loam
Crops: Soybean
Road Type: Gravel
Road Frontage: County Road
Horse Amenities: Barn, Pasture
Vegetation: Crop(s)
Current Use: Agricultural, Cattle, Farm, Livestock, Single Family
Possible Use: Agricultural, Cattle, Commercial, Dairy, Farm, Grazing, Horses, Hunting, Livestock, See Remarks

Financial

Listing Terms: 1031 Exchange, Cash, Contract
Tax ID: 04.033.0300
Taxes (annually): $2,000
Tax Year: 2024
Legal Description:

33-105N-46W NW1/4 D118 

When buying a property listed by Tall Tines Trophy Properties, the broker who represents the buyer must be identified at the first point of contact and must be present at all showings unless prior arrangements have been made with Tall Tines Trophy Properties to qualify for compensation. If these requirements are not followed, the selling broker may lose any compensation, as decided solely by Tall Tines Trophy Properties.

Cole Block
Cole Block
Land Specialist

Ask Cole a Question

Get Financing

# Payment Interest Principle Balance

Contact An Agent

Ask Cole About This Property

Nearby Properties Around Pipestone County

Dell Rapids Industrial Shop Lot 2B
New Listing
Minnehaha County, SD
This large lot has 25,896 sq. ft. and contains a 3,000 sq. ft. shop that is fully finished on the outside and has interior insulation and interior sheet metal installed. It has a joint access easement with LOT 2A, and there will be water and sewer ad...
0.59± Acres
|
$220,000
Dell Rapids Industrial Lot 2A
New Listing
Minnehaha County, SD
This lot has great visibility from the busy road of Garfield. It has a joint access easement with LOT 2B, and there will be water and sewer added in the southwest corner of the lot. The property is currently listed as light industrial, which provides...
0.53± Acres
|
$115,000
Dell Rapids Industrial Lot 2C
New Listing
Minnehaha County, SD
This lot and access has great flexibility regarding how you want to place your building. City sewer and water will be located in the southwest corner of the lot. The property is currently listed as light industrial, which provides many different busi...
0.73± Acres
|
$125,000

More Properties from Cole Block

New Listing
Roberts County, SD
Location! Location! Location! - Just two miles from Interstate 29 with direct access off SD Highway 15, this 155.16± acre property in scenic Roberts County, South Dakota, offers a combination of productivity, accessibility, and potential....
155.16± Acres
|
$982,560
New Listing
Roberts County, SD
DESCRIPTIONDiscover your perfect escape on the scenic west shore of Lake Traverse with this 3-bedroom, 2-bath home. Featuring 80 feet of shoreline and stunning lake views, this property is ideal for summer living, weekend retreats, or Airbnb investme...
0.62± Acres
|
$385,000

The information contained here is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage and mapping boundary lines shared herein has not been independently verified and is for marketing purposes only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.

COOPERATING BROKER COMPENSATION:
When purchasing a property listed by Tall Tines Trophy Properties, a Buyer's Broker must be identified during the first contact and must also be present at the initial showing of the property in order to qualify for a share of the real estate commission. If these conditions are not met, any compensation for the Buyer's Broker will be entirely at the discretion of Tall Tines Trophy Properties.