XXX Island of Circle Lake, Faribault, MN 55021

$1,200,000
Property Type: Land Lot Size (sq. ft.): 4,486,680 Status: Closed
Current Price: $1,200,000 List Date: 7/31/2024 Last Modified: 10/02/2025

Overview

Description

Incredible opportunity to own over 100 acre island on Circle Lake with an estimated 10,600 ft of shore line, just 41 miles South of the Twin Cities. The island has been platted for 249 lots and is understood to have had an operating golf course in 1924. Imagine the oasis you can create: a private, tranquil, retreat for yourself, or others. Ideal for the independent and adventurous lifestyle. Deer, eagles, and morel mushrooms have all been sited on Island. Circle lake is 838 acres. The MN DNR Fisheries Lake Survey information describes Circle Lake as a good fishery for panfish, Northern Pike, and Walleye. The majority of the island is in Faribault’s postal district, and a portion of the west side is in Lonsdale’s. Access via public landing at: 4838 Circle Lake Trail, and a private easement on the east side of the lake. *Electricity available.

Listing Details MLS# 6577456

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
Yes
Plat Recorded
Yes
Road Btwn WF & Home?
No
Waterfront Frontage
10000
Waterfront Present
Yes
Yearly/Seasonal
Yearly
Zoning
Other, Shoreline
Lot Dimensions
100 Acres
Acres
103
Lake/Waterfront Name
Circle
Power Company
Steele-Waseca Co-op Electric
Association Fee
0

Property Features

Available Utilities: None Connected Development Status: Raw Land Elevation Highpoint to Waterfront Slope: Gradual; Level Financing Terms: Other Improvements: None Land Inclusions: Platted Lot Description: Accessible Shoreline; Island/Peninsula; Tree Coverage - Medium Property SubType: Acreage; Lake Property; Recreational Road Frontage: None Surface Water: Lake Topography: Level; Sloped Waterfront View: Lake; Panoramic

Contract Information

Off Market Date
2025-02-24
Contingency
None
Closed Date
2025-10-01
Original List Price
2300000
Sales Close Price
1200000
ListPrice
2300000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
XXX
Street Name
Island of Circle Lake
Postal City
Faribault
County
Rice
State
MN
Zip Code
55021
Complex/Dev/Subdivision
Circle Island

Additional Parcels Information

Property ID #2
0622226001
Property ID #3
0615351001

Assessments

Tax With Assessments
2646
Assessment Balance
0

More Information

Builder Information

Builder Restrictions
Open

Lake Details

Lake Acres
837
Lake Depth
14

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
Yes
Partial Ownership
100

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
THAT PART CIRCLE ISLAND LOCATED IN SEC16 SEE PARCELS 06.15.3.51.001 & 06.22.2.26.001 FOR PARTS CIRCLE ISLAND LOCATED IN SEC15 & SEC22
Listing City
Faribault
Map Page
999
Municipality
Forest Twp
School District
Northfield
School District Phone
507-663-0629
DNR Lake ID#
66002700
DNR Lake Classification
Recreational Development
Zip Plus 4
9314
Property ID Number
0616476001
Tax Year
2024
Tax Amount
2646
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Incredible opportunity to own over 100 acre island on Circle Lake with an estimated 10,600 ft of shore line, just 41 miles South of the Twin Cities. The island has been platted for 249 lots and is understood to have had an operating golf course in 1924. Imagine the oasis you can create: a private, tranquil, retreat for yourself, or others. Ideal for the independent and adventurous lifestyle. Deer, eagles, and morel mushrooms have all been sited on Island. Circle lake is 838 acres. The MN DNR Fisheries Lake Survey information describes Circle Lake as a good fishery for panfish, Northern Pike, and Walleye. The majority of the island is in Faribault’s postal district, and a portion of the west side is in Lonsdale’s. Access via public landing at: 4838 Circle Lake Trail, and a private easement on the east side of the lake. *Electricity available.
Directions
Use the public access at 4838 Circle Lake Trail, Lonsdale

Development Status

Raw Land
Yes

Elevation Highpoint to Waterfront Slope

Gradual
Yes
Level
Yes

Financing Terms

Other
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Lake Front
Yes
Lake View
Yes

Lot Description

Accessible Shoreline
Yes
Island/Peninsula
Yes
Tree Coverage - Medium
Yes

Restriction/Covenants

None
Yes

Road Frontage

None
Yes

Topography

Level
Yes
Sloped
Yes

Waterfront View

Lake
Yes
Panoramic
Yes

Available Utilities

None Connected
Yes

Improvements

None
Yes

Land Inclusions

Platted
Yes

Property SubType

Acreage
Yes
Lake Property
Yes
Recreational
Yes

Surface Water

Lake
Yes

Documents

Listing Office: RE/MAX Advantage Plus
IDX
Last Updated: October - 02 - 2025
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.