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For Sale:  Faribault MLS# 7044649

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Active Contingent NEW!
$250,000
/mo Edit
Single Family:  1 Story
Built 2026
0.66 acres
MLS# 7044649
763-576-8286
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    Property Description

    Rare opportunity to own a beautifully improved lakefront lot on Cannon Lake! Situated on .66 acres, this unique property offers stunning water views from both sides-imagine sunrise coffee and sunset evenings without ever leaving home. The heavy lifting is already done. A newly constructed 3 car garage ( built in 2021) sits above the flood plain, providing immediate utility and a solid start for your future build. The lot has variance approval from the city/county to rebuild on the existing footprint or smaller (34x62) for construction of a new home above the flood plain, and to make things even easier, the sale includes professionally designed house plans valued at $2, 500. This property is equipped with an existing well and mound septic system, ready to be reconnected when you build. Whether you're dreaming of a year-round residence or a weekend retreat, the groundwork is in place to bring your vision to life. Enjoy lake living from day one with included dock, boat lift, picnic table, and two fire pits-perfect for entertaining, relaxing, and making the most of every season. If you've been waiting for the right lake lot without the usual headaches, this is it. Build your dream home and start living the lake life you've been planning.

    Listing

    Listing Status: Active Contingent
    Contingency: Other
    List Price: $250,000
    Property Type: Single Family
    City: Faribault
    Garage Spaces: 3
    County: Rice
    Year Built: 2026
    State: MN
    Property Style: 1 Story
    Zip Code: 55021

    Interior

    Bedrooms: 0
    Bathrooms: 0
    Total Fireplaces: 0
    Common Wall: No
    Basement Details: None

    Exterior

    Stories: One
    Garage Spaces: 3
    Garage Dimensions: 36x30
    Garage Size: 1,080 ft2
    Air Conditioning: None
    Foundation Size: 1 ft2
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System: None
    Parking Features: Detached Garage
    Unit Amenities:
    • Dock
    • Panoramic View
    Road Frontage:
    • City Street
    • Paved Streets

    Rooms

    1/4 Baths: None
    Full Baths: None
    Half Baths: None
    3/4 Baths: None

    Lake & Waterfront

    WF Frontage: 188
    Waterfront:
    • Dock
    • Lake Front
    • Lake View

    Lot & Land

    Acres: 0.66
    Geolocation: 44.282002, -93.342941
    Lot Dimensions: 342 x 24 x 281 x 74 x 81
    Zoning: Residential-Single Family

    Schools

    School District: 2145
    District Phone: 5073336016

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $1,164
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $1,164
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Other
    Sewer System: Other
    Water System: Other

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.