1005 2nd Street SE, Faribault, MN 55021

New Listing
$365,900
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,228 Lot Size (sq. ft.): 10,890 Status: Active
Current Price: $365,900 List Date: 4/28/2026 Last Modified: 4/29/2026

Overview

Description

Welcome to this brand-new slab-on-grade home with projected completion at the end of May 2026. This thoughtfully designed home offers true one-level living with 2 bedrooms, 1 full bath, and a private primary suite featuring a 3/4 bath and walk-in closet. The layout is both functional and comfortable, with an open kitchen, dining, and living area that flows. The primary bedroom is set apart from the second bedroom, offering added privacy and a more practical day-to-day layout. A dedicated laundry room and convenient access to the 2-car attached garage add to the home’s overall usability. Outside maintenance free siding, windows, and a covered front porch. Easy access to schools, River Bend Nature Center, Teepee Tonka Park, and historic Downtown Faribault. A great opportunity for anyone looking for low-maintenance, one-level living in a brand-new home.

Listing Details MLS# 7063467

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Projected Completion Date
2026-05-30
Waterfront Present
No
Year Built
2025
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Main Floor Total SqFt
1228
Above Grd Total SqFt
1228
Total SqFt
1228
Total Finished Sqft
1228.00
FireplaceYN
No
Style
(SF) Single Family
Foundation Size
1228
Power Company
Xcel Energy
Garage Stalls
2
Lot Dimensions
73x150
Acres
0.25
Assessment Pending
No
Number of Fireplaces
0
Bath Half
0
Bath Quarter
0
Below Grd Total SqFt
0
Association Fee
0

Property Features

Accessible: No Stairs External; No Stairs Internal Air Conditioning: Central Air Amenities Unit: Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Washer/Dryer Hookup Appliances: Dishwasher; Microwave; Range; Refrigerator Assumable Loan: Not Assumable Basement: None Bath Description: Main Floor Full Bath; 3/4 Primary Construction Materials: Frame Construction Status: Under Construc/Spec Homes Dining Room Description: Informal Dining Room Electric: 150 Amp Service Exterior: Vinyl Fencing: None Foundation: Slab Fuel: Natural Gas Heating: Forced Air Internet Options: DSL; Fiber Optic Laundry: Gas Dryer Hookup; Main Level; Washer Hookup Lock Box Type: Combo Lot Description: Tree Coverage - Medium Parking Characteristics: Garage Door Opener Road Frontage: City Street; Curbs; Paved Streets; Storm Sewer; Street Lights Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Architectural Shingle Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: One Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
365900
ListPrice
365900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
1005
Street Name
2nd
Street Suffix
Street
Street Direction Suffix
SE
Postal City
Faribault
County
Rice
State
MN
Zip Code
55021
Complex/Dev/Subdivision
Brand Peony Add

Assessments

Tax With Assessments
548
Assessment Balance
0

Building Information

Finished SqFt Above Ground
1228

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Door Width
16
Garage Square Feet
482
Garage Door Opener
Yes

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 2 BLOCK 3 OF BRAND PEONY ADD
Listing City
Faribault
Map Page
999
Municipality
Faribault
School District
Faribault
School District Phone
507-333-6016
Zip Plus 4
8020
Property ID Number
1832428054
Tax Year
2026
Tax Amount
548
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Welcome to this brand-new slab-on-grade home with projected completion at the end of May 2026. This thoughtfully designed home offers true one-level living with 2 bedrooms, 1 full bath, and a private primary suite featuring a 3/4 bath and walk-in closet. The layout is both functional and comfortable, with an open kitchen, dining, and living area that flows. The primary bedroom is set apart from the second bedroom, offering added privacy and a more practical day-to-day layout. A dedicated laundry room and convenient access to the 2-car attached garage add to the home’s overall usability. Outside maintenance free siding, windows, and a covered front porch. Easy access to schools, River Bend Nature Center, Teepee Tonka Park, and historic Downtown Faribault. A great opportunity for anyone looking for low-maintenance, one-level living in a brand-new home.
Directions
1st St NE, South on State Ave, East on Division St E, South on 10th Ave SE, East on 2nd St SE

Accessible

No Stairs External
Yes
No Stairs Internal
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Kitchen Center Island
Yes
Kitchen Window
Yes
Main Floor Primary Bedroom
Yes
Washer/Dryer Hookup
Yes

Appliances

Dishwasher
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes

Assumable Loan

Not Assumable
Yes

Basement

None
Yes

Bath Description

Main Floor Full Bath
Yes
3/4 Primary
Yes

Construction Materials

Frame
Yes

Construction Status

Under Construc/Spec Homes
Yes

Dining Room Description

Informal Dining Room
Yes

Electric

150 Amp Service
Yes

Exterior

Vinyl
Yes

Fencing

None
Yes

Foundation

Slab
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Insurance Fee

Insurance Fee
0

Internet Options

DSL
Yes
Fiber Optic
Yes

Laundry

Gas Dryer Hookup
Yes
Main Level
Yes
Washer Hookup
Yes

Lock Box Type

Combo
Yes

Lot Description

Tree Coverage - Medium
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Storm Sewer
Yes
Street Lights
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes
Architectural Shingle
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

One
Yes

Water

City Water/Connected
Yes
Listing Office: Re/Max Advantage Plus
IDX
Last Updated: April - 29 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.