Build your dream lake home on beautiful Cannon Lake! This exceptional 1.6-acre buildable lot offers 150 feet of shoreline and the perfect opportunity to create your own private lakefront retreat. Enjoy breathtaking water views, peaceful surroundings, abundant wildlife, incredible sunsets, and year-round recreation including boating and fishing. With ample space for your future home, outdoor entertaining areas, and additional storage or recreational amenities, this property offers the rare combination of privacy, space, and prime lake frontage. Conveniently located near Faribault with easy access to the Twin Cities corridor, this is an outstanding opportunity to enjoy luxury lake living on one of the area’s most desirable lakes.
Active
$175,000
232nd St W, Faribault, MN 55021
--beds
--baths
1.6Acres
Residential
Built in ----
1.6 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Abundant wildlifeBreathtaking water viewsIncredible sunsetsPrivate lakefront retreatPeaceful surroundings
- 35 days |
- 87 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Jennifer Fielding,
Exp Realty
Source: RASM,MLS#: 7040384
Facts & features
Property
Features
- On waterfront: Yes
- Waterfront features: Lake Front
- Body of water: Cannon
- Frontage type: Waterfront
- Frontage length: Water Frontage: 150
Lot
- Size: 1.6 Acres
- Dimensions: 150 x 110 x 614 x 501
Community & HOA
Location
- Region: Faribault
Financial & listing details
- Annual tax amount: $630
- Date on market: 5/23/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2026 | Listed for sale | $175,000 |
Source:  RASM #7040384 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 55021
Nearby schools
GreatSchools rating
- 6/10Lincoln Elementary SchoolGrades: K-5Distance: 6 mi
- 2/10Faribault Middle SchoolGrades: 6-8Distance: 5.7 mi
- 4/10Faribault Senior High SchoolGrades: 9-12Distance: 5.8 mi
Schools provided by the listing agent
- District: Faribault #656
Source: RASM. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Minnesota
- Rice County
- Faribault
- 55021
- 232nd St W
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