Lester Prairie Homes under $400,000

Welcome to Lester Prairie, Minnesota—a charming small town nestled in the heart of McLeod County. Known for its friendly community and picturesque landscapes, Lester Prairie offers a delightful blend of small-town charm and modern conveniences. With a population of just over 1,500 residents, this vibrant community is perfect for families, retirees, and anyone seeking a peaceful lifestyle away from the hustle and bustle of city life.

Lester Prairie is rich in history and boasts an array of outdoor recreational opportunities. Enjoy leisurely strolls or invigorating bike rides along the scenic trails, or spend a sunny afternoon at one of the local parks, where children can play and families can gather for picnics. The town also hosts various community events throughout the year, fostering a strong sense of togetherness and belonging.

For those looking to make Lester Prairie their home, you’ll be delighted to discover a range of beautiful houses available for under $400,000. These homes offer fantastic value, combining affordability with the comfort and space that families desire. Whether you’re seeking a cozy starter home, a charming bungalow, or a spacious family residence, there’s something for everyone in this welcoming community.

With its excellent schools, low crime rate, and easy access to nearby cities like Hutchinson and Waconia, Lester Prairie is an ideal place to settle down. Explore the real estate opportunities today and discover why so many are choosing to call Lester Prairie home. Your dream home awaits in this delightful Minnesota town!

Newest Lester Prairie Homes under $400,000

$374,900

2 Beds ⋅ 3 Baths ⋅ 7135064 MLS

Welcome to 140 Cedar Ave S! This well-maintained 2-bedroom, 3-bathroom rambler offers 1,784 square feet of comfortable main-level living in a desirable cul-de-sac setting. Situated on a beautiful lot with light tree coverage, this home features a spacious kitchen with pantry, informal dining area, vaulted ceilings, and a welcoming living room with a gas-burning fireplace. The primary suite includes a private full bathroom and walk-in closet, while the main level also offers a second bedroom, additional full bath, convenient half bath, office, and laundry. The unfinished lower level offers 1,784 additional square feet and an 8+ foot foundation pour, providing an excellent opportunity to create additional living space tailored to your needs. An extra-deep 3-car attached garage offers an impressive 888 square feet of space, providing plenty of room for vehicles, storage, hobbies, and more. Enjoy outdoor living from the deck and covered porch, along with the convenience of central air, natural gas forced-air heat, in-ground sprinklers, air-to-air exchanger, and owned water softener. Located on a paved, curbed street in a peaceful cul-de-sac, this home offers a great combination of space, functionality, and future potential.

140 Cedar Drive S, Lester Prairie

Listing courtesy of JPW Realty.

$344,999

5 Beds ⋅ 2 Baths ⋅ 7142457 MLS

Welcome home! Step inside to a spacious entryway that immediately makes you feel at home, then head upstairs into a bright, open layout featuring modern finishes, 3 bedrooms, and 2 bathrooms. The primary suite features a beautiful farmhouse-modern bath that feels both timeless and on-trend. Downstairs, the possibilities are yours. Two additional bedrooms are drywalled with mud and tape set to be complete before closing, along with a future third bathroom framed out. The main level is ready to enjoy, while the lower level is ready for your vision. Grab your paint at Pink Hardware, stop by Big Don’s Carthederal on the way home for ice cream, and make this space your own. Outside, enjoy a large fenced backyard with plenty of room to relax, entertain, and soak up the sunset. With Sunrise Park in your backyard, this home offers the perfect mix of modern style, everyday comfort, and room to grow. Come see it—you’ll want to stay and enjoy your daily views of sunrises/sunsets from Sunrise Park. Basement is completed with level 5 drywall finishing and knockdown texture.

2108 Blake Avenue, Lester Prairie

Listing courtesy of Real Broker, LLC.

$275,000

5 Beds ⋅ 2 Baths ⋅ 7130438 MLS

Wow! Wonderful rambler with a stunning kitchen, flexible living spaces and a beautiful yard. Inviting living and dining areas. Stunning kitchen! Every detail thoughtfully considered! Soft-close drawers and cabinets, subway tile backsplash, an abundance of counter and storage space, glass-front cabinets for added flair, modern farmhouse sink, task lighting, newer flooring and a coffee bar area too! Sought-after mudroom and laundry area help keep everyday life organized. Three main-floor bedrooms, two with hardwood floors, plus closets with organizers. Spacious lower-level family room offers versatile spaces. One lower-level bedroom features a large walk-in closet and private ¾ bath. Currently enjoyed as the primary suite, it also makes a wonderful private space for guests or family. A second bedroom on this level gives you even more flexibility. Step outside to the yard! Imagine hosting the next gathering with friends and family, enjoying the patio, roasting marshmallows around the firepit this Fall, or simply relaxing on a quiet afternoon. Home also features newer windows, a screened porch, reverse-osmosis filtered water, stone exterior accents, updated lighting and fixtures, and thoughtful décor with today’s style in mind. Walk to school, ball-field, nearby parks and more! Welcome Home!

136 Elm Street N, Lester Prairie

Listing courtesy of RE/MAX Advantage Plus.

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.