Preston Real Estate

Preston Real Estate

Welcome to Preston, Minnesota – a charming gem nestled in the heart of Fillmore County. Known for its picturesque landscapes and strong sense of community, Preston is a place where small-town charm meets modern convenience. With a population of just over 1,000 residents, this vibrant city offers a welcoming atmosphere that makes it easy to feel right at home.

Preston is renowned for its stunning natural beauty, surrounded by rolling hills, lush forests, and the serene waters of the Root River. Outdoor enthusiasts will find endless opportunities for adventure, whether it’s hiking, biking, or fishing in the nearby parks and trails. The city is also part of the scenic Bluff Country, famous for its breathtaking bluffs and rich wildlife, making it a perfect spot for nature lovers.

At the heart of Preston lies a thriving downtown area, where you can explore unique shops, cozy cafes, and local eateries that serve up delicious fare. The community takes pride in its local events, including the annual Preston Trout Festival, which celebrates the area's rich fishing heritage and brings residents together for a weekend of fun and festivities.

Families will appreciate the excellent educational opportunities offered by the local school district, while the friendly atmosphere and close-knit community make Preston an ideal place to raise children. With its blend of natural beauty, community spirit, and convenient access to larger cities, Preston, MN, is not just a place to live; it’s a place to thrive. Discover your new home in this delightful city, where every day feels like a breath of fresh air.

Newest Listings in Preston

$289,900
ACTIVE Status ⋅ 3 Beds ⋅ 7114518 MLS ⋅ 2,376 SqFt.
Peaceful Country Living on 15 Scenic Acres nestled among rolling hills and wooded terrain of SE Minnesota is naturally attractive! Built in 2017, this inviting home offers a farmhouse feel with family gatherings in mind and designed with practicality. The main level features an open living area, a den adaptable to your needs, a walk-in pantry, and a sizeable laundry, mudroom area super handy for coming in from the outdoors. Upstairs, you'll find three additional bedrooms and den for flexible use. Designed for those who appreciate country living, the property includes purposeful outbuildings, including a newer barn with hay loft and carriage shed. A cute mustard yellow two-story storage building with lower-level cold storage. The perfect place to preserve and store your harvest, while the spacious garden/potting shed—currently used as a workshop—offers endless possibilities for hobbies or projects. Established gardens areas with strawberries, grapes, red raspberries, and black raspberries. This beautiful property includes a new 380 ft deep well with water to home, barn, and hydrant, approximately 6 acres of fenced pasture and 4 acres of woods, with frequent sightings of white-tailed deer, wild turkeys, pheasants, and a variety of colorful songbirds. The simplicity of this acreage offers the perfect blend of rural charm, natural beauty, and room to grow.

18395 Game Road, Preston

Listing courtesy of RE/MAX Select Properties.

$269,000
ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7106145 MLS ⋅ 2,443 SqFt.
Welcome to this charming 4-bedroom, 2-bath home in the heart of Preston, MN, blending timeless character with modern updates. Built in 1920 and offering over 2000 sq ft of living space, this residence features beautiful original woodwork, spacious rooms, and abundant natural light. The main level boasts a warm and inviting living area, a functional kitchen with ample cabinetry, and dining space perfect for gatherings. Upstairs, you'll find generously sized bedrooms and a full bath, providing comfort and privacy for the whole family. Set on a well-kept lot, the property includes a welcoming front porch, a backyard ideal for outdoor entertaining, and a detached garage for extra storage. Located in a friendly neighborhood close to schools, parks, and downtown amenities, this home offers small-town charm with everyday convenience.

305 North Street NW, Preston

Listing courtesy of Edina Realty, Inc..

$149,000
ACTIVE Status ⋅ 3 Beds ⋅ 1 Baths ⋅ 7104420 MLS ⋅ 1,424 SqFt.
Welcome home to an affordable, updated 3-bedroom, 1-bath charmer in a friendly neighborhood just minutes from downtown. Fresh upgrades in the kitchen and bathroom mean you can move right in and enjoy from day one. Love the outdoors? You’re only blocks from the Root River bike trail and multiple parks for weekend rides, playgrounds, and picnics. Schedule your tour this week and see why this is the perfect first home. Homes in this location and price range don’t last.

309 Pleasant Street NE, Preston

Listing courtesy of Counselor Realty of Rochester.

$199,900
ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7087443 MLS ⋅ 1,644 SqFt.
You'll fall in love with this classic 4 bed, 2 bath home at the corner of Pleasant and Main! Complete ground-up home renovation finished last month - you'll need to check out the kitchen first, with brand new appliances, open-concept design with tons of cabinets and counter space, and snack bar between the eat-in kitchen and formal dining room. Main floor bedroom and full bath, as well as laundry room off of the kitchen, and enjoy the warmth of a wood fire in the brick fireplace in the cozy living room. Did I mention the new roof, siding, insulation, windows, sheetrock, 200 amp electrical service, and plumbing? Convenience is yours with a grocery store, pharmacy, coffee shop and bakery, sandwich shop, pub, American Legion/VFW, bank, fitness center, post office and several retail stores within a couple of blocks of this downtown location. Spacious lot with perennials and room for gardening and outdoor activities. All this, and only about 35 minutes from Rochester! Old homes with good bones freshly renovated throughout are hard to come by – this one is worth a look! Please note, this home is not in the flood plain - please see attached FEMA document officially removing it from the flood plain map. Check out the five virtually staged photos to see how you can make this home your own!

201 Main Street SE, Preston

Listing courtesy of Pathfinder Realty, LLC.

$175,000
ACTIVE Status ⋅ 7079896 MLS
Excellent investment opportunity in the heart of Preston! This 8-lot mobile home park offers steady income potential with all lots currently set up with individual gas, electric, and water utilities. Tenants own their homes, making this a low-maintenance land lease investment. Current lot rents are $250/month per site. Conveniently located directly across from the school and just blocks from U.S. Highway 52, providing easy access and strong rental appeal. Great opportunity to expand your investment portfolio with stable cash flow and upside potential.

813 Chatfield Avenue NW, Preston

Listing courtesy of eXp Realty.

$212,900
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7076453 MLS ⋅ 1,792 SqFt.
Welcome home to this spacious gem nestled in one of Preston's most charming neighborhoods. With nearly 2,700 square feet of living space, three bedrooms, and one and a half bathrooms, this house has room to stretch out and then some. Let's talk about that screened porch, because honestly, it might become your favorite room in the house. Picture yourself sipping coffee on a cool morning while the bugs stay exactly where they belong — outside. It's the perfect spot to unwind after a long day or host friends for a lazy weekend hangout without worrying about mosquitoes crashing the party. The outdoor space here is a real treat. Whether you're into gardening, grilling, or just soaking up some sunshine, you've got plenty of room to make it your own. There's plenty of space to enjoy the outdoors, and you'll love taking it all in from that gorgeous screened porch. The neighborhood is the kind of place where you actually want to spend your evenings outdoors. Goose Flat Park is just a short distance away, perfect for picnics or enjoying the outdoors. The local fairgrounds are nearby too, adding a fun community vibe that's hard to beat. Nature lovers will appreciate the proximity to the South Branch Root River for weekend adventures. Small-town living doesn't get much better than this. With generous square footage, fantastic outdoor living, and a neighborhood that feels like home, this one won't last long. Schedule your showing today!

308 Fillmore Street W, Preston

Listing courtesy of Homes Plus Realty.

$210,000
ACTIVE Status ⋅ 7073448 MLS
5300 sq ft building with unlimited potential. Large heated shop with 2 large doors (12' and 16'). Ideal for auto repair, storage rental or other possibilities . Front 1/2 of building was used as work out center, office space and retail opportunities. Men and women bathrooms. Newer metal roof

221 River Street SW, Preston

Listing courtesy of Property Brokers of Minnesota.

$524,900
ACTIVE Status ⋅ 4 Beds ⋅ 2 Baths ⋅ 7042683 MLS ⋅ 2,887 SqFt.
Completely reworked from top to bottom, this 4-bedroom, 2-bath home offers the rare combination of a full interior remodel and major infrastructure upgrades already completed, set on 5 private acres just outside Preston. The home has been opened up to create a bright, functional layout, anchored by a fully remodeled kitchen with custom cabinetry, updated appliances, and seamless flow into the main living and dining areas. The sunken living room adds character, while the finished lower level provides additional living space, a fireplace, and a large bonus room ideal for a second living area, office, or hobby space. What truly sets this property apart is everything behind the scenes. A new well (500+ ft deep) and new septic system have already been installed, along with extensive grading and drainage improvements around the home to ensure proper water management. The result is a property where the major concerns typical of rural homes have already been addressed. The attached 3-stall garage has also been fully upgraded—heated, insulated, rewired, and equipped with a floor drain—making it ideal for storage, projects, or workspace use. Set on 5 acres with the option to purchase additional land, this property offers flexibility for a variety of uses, from hobby farm potential to future outbuilding expansion. If you’ve been looking for a move-in ready acreage property where both the finishes and the foundational systems have been taken care of, this one is worth a closer look.

15158 241st Avenue, Preston

Listing courtesy of Engel & Volkers - Rochester.

$159,900
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7029333 MLS ⋅ 1,476 SqFt.
Charming 3-bedroom, 2-bath home situated on a spacious .26-acre corner lot in Preston! Full of character and timeless charm, this property features a large deck perfect for relaxing or entertaining, along with a detached 2-car garage for added convenience. Enjoy small-town living with plenty of outdoor space and classic appeal.

113 Valley Street NE, Preston

Listing courtesy of Property Brokers of Minnesota.

$264,900
ACTIVE Status ⋅ 4 Beds ⋅ 3 Baths ⋅ 7008962 MLS ⋅ 3,048 SqFt.
Discover exceptional space, flexibility, and small-town living at 327 Parkside Dr SE in Preston. Offering over 3,000 finished square feet, 4 bedrooms, and 3 bathrooms, this ranch-style home provides room to grow, gather, and enjoy everyday life. The main level features an open layout filled with natural light, vaulted ceilings, a spacious living area, and a sunroom that creates the perfect place to relax and enjoy the surrounding views. The primary suite includes a walk-in closet and private bath with a jetted tub and separate shower. Two additional bedrooms, a full bath, and main-floor laundry provide the convenience of one-level living. The walk-out lower level offers incredible flexibility with a fourth bedroom, large family room, second kitchen, dining area, and bathroom. Whether you're accommodating extended family, hosting guests, creating a hobby space, working from home, or exploring future apartment potential, this level provides options to fit a variety of lifestyles. Situated on a generous lot in a quiet cul-de-sac, the home also features an attached two-car garage and easy access to everything that makes Preston a wonderful place to live. Enjoy nearby trails, parks, outdoor recreation, local dining, and the natural beauty of Southeast Minnesota's Driftless Region. If you've been searching for a home with space, functionality, and value, this property deserves a closer look.

327 Parkside Drive SE, Preston

Listing courtesy of RE/MAX Select Properties.

$484,325
ACTIVE Status ⋅ 4 Beds ⋅ 3 Baths ⋅ 7000207 MLS ⋅ 1,927 SqFt.
Beautiful to-be-built model by Pollock Construction, a collaboration with local builder Jonathan Wood Construction. This is the perfect opportunity to customize your dream home! The builder has the ability to make interior layout changes to this plan, as well as options in things like a backyard patio or deck. Experience rolling topography and stunning golf course views! Choose from five generously sized lots, or purchase them all—with an additional 5-acre lot available right on the course. Most lots are wooded, while others feature picturesque meadows. Enjoy added perks, including the seller offering a flexible 3-year timeline to build your dream home. Pay 50% of the lot price in the first year, with the option to pay 25% in both the second and third years—interest-free. These lots are conveniently located near the state’s newest Veterans Home in Preston, a community recognized as both telecommuter-friendly and Veteran-friendly. Property highlights include a paved street, protective covenants, and new construction housing incentives of $10,000+ offered through the City of Preston Economic Development Authority. Each lot requires a $5,000 down payment, and covenants, city housing incentives, and waived road assessment fees are available online. See supplements for details.

1024 Golfview Drive, Preston

Listing courtesy of Re/Max Results.

$57,900
ACTIVE Status ⋅ 6808139 MLS
Want a lot for your dream house that is wooded and private? Look no further. This 1+ acre lot slopes to the south and is especially proud of the great views to the South, Southeast, and Southwest. Electricity, Water, Sewer, and Natural Gas are all available. The lot next to this is also for sale. Buy them both for over 2 acres of nature.

315 Oak Drive NW, Preston

Listing courtesy of Alton Erickson & Associates.

Start Your Search

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Listing data © 2026 Regional Multiple Listing Service of Minnesota. All rights reserved. By searching, you agree to the EULA.