5024 Cannon Lake Trail, Faribault, MN 55021

New Listing
$775,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,582 Lot Size (sq. ft.): 38,768 Status: Active
Current Price: $775,000 List Date: 5/04/2026 Last Modified: 5/05/2026

Overview

Description

Opportunity for Lake living at it’s best! The lot measures .89 acres with 90 ft of boulder walled beach shoreline. Two spacious paver patios with shade trees & beautiful landscaping framing the panoramic views of Cannon Lake. Newly constructed 5 car garage with new concrete driveways to both buildings. Garage shed is insulated, in-floor heat and mini split AC. in ground sprinkler system, new septic &well, shows the high level of care the property owners strive for and expect. The interior has been totally renovated. New windows, doors, kitchen, bedrooms & baths. Plumbing heating & electrical updates throughout. Cannon Lake is an active year-round experience, waterfowl, fishing, all forms of watercraft, wind sailing, summer and winter! Float planes touch and go, a splendid event! Put this as a must see!

Open Houses

Listing Details MLS# 7038264

General Property Information

Common Wall
No
Lot Measurement
Acres
Manufactured Home?
No
Multiple PIDs?
No
New Development
No
Number of Fireplaces
Yes
Waterfront Frontage
99
Waterfront Present
Yes
Year Built
1987
Yearly/Seasonal
Yearly
Zoning
Residential-Single Family
Bath Full
Yes
Bath Three Quarters
Yes
Main Floor Total SqFt
1582
Above Grd Total SqFt
1582
Total SqFt
1582
Total Finished Sqft
1582.00
FireplaceYN
Yes
Lake/Waterfront Name
Cannon
Style
(SF) Single Family
Foundation Size
1582
Power Company
Xcel Energy
Garage Stalls
7
Lot Dimensions
38,704
Acres
0.89
Assessment Pending
No
Bath Half
0
Bath Quarter
0
Below Grd Total SqFt
0
Association Fee
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Cable; Ceiling Fan(s); Dock; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Paneled Doors; Panoramic View; Patio; Porch; Sun Room; Tile Floors Appliances: Dishwasher; Microwave; Range; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Concrete Block; Crawl Space; Sump Pump; Unfinished Bath Description: Main Floor Full Bath; 3/4 Primary Construction Materials: Brick Construction Status: Previously Owned Dining Room Description: Breakfast Bar; Kitchen/Dining Room Electric: 200+ Amp Service Elevation Highpoint to Waterfront Slope: Level Exterior: Brick/Stone; Wood Family Room Characteristics: Main Level Fencing: None Fireplace Characteristics: Brick; Gas Burning Foundation: Concrete Block Fuel: Natural Gas Heating: In-Floor Heating Internet Options: Cable; DSL; Fiber Optic Lake Details: Rocky; Sand Laundry: Main Level Lock Box Type: Combo Lot Description: Accessible Shoreline; Irregular Lot; Tree Coverage - Medium Parking Characteristics: Finished Garage; Driveway - Shared; Garage Door Opener; Heated Garage; Insulated Garage Property Subtype: Ranch-Style Home Road Frontage: County Road Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less Sellers Terms: Cash; Conventional Sewer: Mound Septic; Septic System Compliant - Yes Special Search: All Living Facilities on One Level; Main Floor Laundry; Main Floor Primary Stories: One Water: Well Waterfront View: Lake; Panoramic; South; East

Contract Information

Contingency
None
Original List Price
775000
ListPrice
775000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
5024
Street Name
Cannon Lake
Street Suffix
Trail
Postal City
Faribault
County
Rice
State
MN
Zip Code
55021
Complex/Dev/Subdivision
Anderson Sub

Assessments

Tax With Assessments
3584
Assessment Balance
0

Basement

Foundation Dimensions
40 x 42
Concrete Block
Yes
Crawl Space
Yes
Sump Pump
Yes
Unfinished
Yes

More Information

Building Information

Finished SqFt Above Ground
1582

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
4-10

Lake Details

Lake Acres
1593
Lake Depth
15
Rocky
Yes
Sand
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

DP Resource
Yes
Homestead
No

Ownership

Fractional Ownership
No

Parking Characteristics

Garage Square Feet
2280
Finished Garage
Yes
Driveway - Shared
Yes
Garage Door Opener
Yes
Heated Garage
Yes
Insulated Garage
Yes

Public Survey Info

Range#
21
Section#
05
Township#
109

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
L2 ANDERSON SUB GOV L1 TOG/WI THAT PART L11 & PART VAC PRIVATE DR LYG BTW LOTS 2 & 11 ANDERSON SUB DAF BEG NE COR L2 ANDERSON SUB TH S76D07'W 85FT TO NW COR L2 TH N21D45'W 261FT M OR L TO SLY R/W LI CSAH 13 TH NELY ALG R/W LI TO EXTD W LI L1 ANDERSON SUB TH S18D01'E TO POB & ALSO PART L3 & PART L11 & PART VAC DR LYG BTW LOTS 3 & 11 ANDERSONS SUB GOV L1 DAF BEG MOST NLY COR L3 TH N21D45'W 83.67FT TH S68D15'W 10FT TH S21D45'E TO WATERS EDGE CANNON LAKE TH NELY ALG WATERS EDGE TAP SELY PROL NELY LI L3 TH N21D45'W TO POB
Listing City
Faribault
Map Page
999
Municipality
Faribault
School District
Faribault
School District Phone
507-333-6016
DNR Lake ID#
66000800
DNR Lake Classification
General Development
Zip Plus 4
7878
Property ID Number
1405476002
Tax Year
2026
Tax Amount
3870
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Opportunity for Lake living at it’s best! The lot measures .89 acres with 90 ft of boulder walled beach shoreline. Two spacious paver patios with shade trees & beautiful landscaping framing the panoramic views of Cannon Lake. Newly constructed 5 car garage with new concrete driveways to both buildings. Garage shed is insulated, in-floor heat and mini split AC. in ground sprinkler system, new septic &well, shows the high level of care the property owners strive for and expect. The interior has been totally renovated. New windows, doors, kitchen, bedrooms & baths. Plumbing heating & electrical updates throughout. Cannon Lake is an active year-round experience, waterfowl, fishing, all forms of watercraft, wind sailing, summer and winter! Float planes touch and go, a splendid event! Put this as a must see!
Directions
West on Hwy 60, right at CR 12, around north end of Cannon Trail CR 13, continue to property

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Unit

Cable
Yes
Ceiling Fan(s)
Yes
Dock
Yes
In-Ground Sprinkler
Yes
Kitchen Center Island
Yes
Kitchen Window
Yes
Main Floor Primary Bedroom
Yes
Paneled Doors
Yes
Panoramic View
Yes
Patio
Yes
Porch
Yes
Sun Room
Yes
Tile Floors
Yes

Appliances

Dishwasher
Yes
Microwave
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Assumable Loan

Not Assumable
Yes

Bath Description

Main Floor Full Bath
Yes
3/4 Primary
Yes

Construction Materials

Brick
Yes

Construction Status

Previously Owned
Yes

Dining Room Description

Breakfast Bar
Yes
Kitchen/Dining Room
Yes

Electric

200+ Amp Service
Yes

Elevation Highpoint to Waterfront Slope

Level
Yes

Exterior

Brick/Stone
Yes
Wood
Yes

Family Room Characteristics

Main Level
Yes

Fencing

None
Yes

Fireplace Characteristics

Brick
Yes
Gas Burning
Yes

Foundation

Concrete Block
Yes

Fuel

Natural Gas
Yes

Heating

In-Floor Heating
Yes

Insurance Fee

Insurance Fee
0

Internet Options

Cable
Yes
DSL
Yes
Fiber Optic
Yes

Lake/Waterfront

Dock
Yes
Lake Front
Yes
Lake View
Yes

Laundry

Main Level
Yes

Lock Box Type

Combo
Yes

Lot Description

Accessible Shoreline
Yes
Irregular Lot
Yes
Tree Coverage - Medium
Yes

Patio, Porch and Deck Features

Patio
Yes
Porch
Yes

Property Subtype

Ranch-Style Home
Yes

Road Frontage

County Road
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age 8 Years or Less
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Sewer

Mound Septic
Yes
Septic System Compliant - Yes
Yes

Special Search

All Living Facilities on One Level
Yes
Main Floor Laundry
Yes
Main Floor Primary
Yes

Stories

One
Yes

Water

Well
Yes

Waterfront View

Lake
Yes
Panoramic
Yes
South
Yes
East
Yes

Room Information

Dining Room Dimensions: 13 x 10 Level: Main First (1st) Bedroom Dimensions: 9.4 x 10.2 Level: Main Kitchen Dimensions: 16 x 15.6 Level: Main Laundry Dimensions: 5.9 x 5.6 Level: Main Living Room Dimensions: 17 x 13.6 Level: Main Patio Dimensions: 25.5 x 25.5 Level: Main Porch Dimensions: 7 x 12 Level: Main Second (2nd) Bedroom Dimensions: 11.10 x 13.4 Level: Main Third (3rd) Bedroom Dimensions: 10 x 12.10 Level: Main
Listing Office: Edina Realty, Inc.
IDX
Last Updated: May - 05 - 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.