Step into a storybook setting where French Colonial charm meets coastal serenity and Southern grace, tucked along the banks of the Cannon River in the heart of Morristown. With two parcels included, the home plus an additional buildable lot with 165 feet of pristine shoreline, this property offers a level of privacy, beauty, and possibility that is rarely found. Inside, curated custom finishes and artisan craftsmanship create a home that feels both worldly and welcoming, from whitewashed cedar ceilings and layered textures to oversized windows that flood the open-concept main floor with natural light and frame the river like living artwork, where every window holds a river view and every detail tells a story. Designed for both gathering and quiet moments, you’ll enjoy morning coffee on one of two river-facing decks, evenings on the wraparound porch watching eagles soar, and days spent canoeing, fishing, or simply enjoying the peaceful rhythm of river life. The home features three generous bedrooms, including two spa-like ensuite retreats, blending comfort and luxury in perfect harmony. A four-stall tandem heated garage with large windows offers incredible space for vehicles, hobbies, kayaks, and more, feeling more like an extension of the home than a garage. This is more than a home, it’s a beautiful riverside lifestyle, where every detail was chosen with intention. And now, with a new price, it presents an incredible opportunity to own one of the most unique and special properties in the area. Located in the charming town of Morristown, just minutes from Faribault and with easy access to I-35 and Mankato, this home offers the rare combination of peaceful small-town living and convenient access to larger city amenities. Surrounded by lakes in every direction, this location is a dream for those who love the outdoors yet need accessibility...a perfect blend of convenience and rural beauty. Truly the best of both worlds!
Active
Price cut: $10K (7/2)
$515,000
305 1st St NE, Morristown, MN 55052
3beds
2,576sqft
Single Family
Built in 2020
0.7 Acres Lot
$506,300 Zestimate®
$200/sqft
$-- HOA
What's special
Two river-facing decksWhitewashed cedar ceilingsLayered texturesArtisan craftsmanshipTwo spa-like ensuite retreatsThree generous bedroomsCurated custom finishes
- 158 days
- 170
- 11
Zillow last checked:
Listing updated:
Listed by:
Hailey M. Warner 507-210-1625,
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7049081
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Bedroom 4
- Level: Upper
Deck
- Level: Main
Deck
- Level: Upper
Den
- Level: Main
Dining room
- Level: Main
Family room
- Level: Upper
Kitchen
- Level: Main
Laundry
- Level: Upper
Living room
- Level: Main
Heating
- Forced Air, Wood Stove
Cooling
- Central Air
Appliances
- Included: Chandelier, Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: Laundry Room, Upper Level
Features
- Basement: Crawl Space
- Fireplace features: Wood Burning, Wood Burning Stove
Interior area
- Total structure area: 2,576
- Total interior livable area: 2,576 sqft
- Finished area above ground: 2,576
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Attached, Concrete, Garage Door Opener, Heated Garage, Insulated Garage
- Attached garage spaces: 4
- Has uncovered spaces: Yes
- Details: Garage Dimensions (24x42)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Composite Decking, Covered, Deck, Wrap Around
- Has view: Yes
- View description: North, River
- Has water view: Yes
- Water view: River
- Waterfront features: River Front, River View
- Frontage length: Water Frontage: 165
Lot
- Size: 0.7 Acres
- Dimensions: 165 x 185
- Features: Accessible Shoreline, Corner Lot, Tree Coverage - Light
Details
- Foundation area: 1288
- Parcel number: 2023351100
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Roof: Age 8 Years or Less,Asphalt,Pitched
Condition
- New construction: No
- Year built: 2020
Utilities & green energy
- Electric: Circuit Breakers
- Gas: Natural Gas
- Sewer: City Sewer - In Street
- Water: City Water - In Street
Community & HOA
Community
- Subdivision: Original Town/Morristown
HOA
- Has HOA: No
Location
- Region: Morristown
Financial & listing details
- Price per square foot: $200/sqft
- Tax assessed value: $412,400
- Annual tax amount: $5,952
- Date on market: 4/4/2026
- Cumulative days on market: 195 days
- Road surface type: Paved
Estimated market value
$506,300
$481,000 - $532,000
$2,702/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/2/2026 | Price change | $515,000-1.9%$200/sqft |
Source: | ||
| 4/4/2026 | Listed for sale | $525,000$204/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,992 +72.8% | $412,400 +7.3% |
| 2024 | $3,468 +37.2% | $384,400 +57.3% |
| 2023 | $2,528 +216.8% | $244,400 +55% |
| 2022 | $798 +269.4% | $157,700 +235.5% |
| 2021 | $216 -2.7% | $47,000 +327.3% |
| 2020 | $222 | $11,000 |
| 2019 | $222 -3.5% | $11,000 |
| 2018 | $230 | $11,000 |
Find assessor info on the county website
Monthly payment
Est. payment





