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  • Price cut: $10K (7/2)
    $515,000

    305 1st St NE, Morristown, MN 55052

    3beds
    2,576sqft
    : 
    $3,251/mo
    Get pre-qualified
    Single Family
    Built in 2020
    0.7 Acres Lot
    $-- Zestimate®
    $200/sqft
    $-- HOA

    What's special

    Two river-facing decksWhitewashed cedar ceilingsLayered texturesArtisan craftsmanshipTwo spa-like ensuite retreatsThree generous bedroomsCurated custom finishes
    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!
    114 days
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    375
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    21
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    Zillow last checked:

    Listing updated:

    Listed by:

    Hailey M. Warner 507-210-1625,

    eXp Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7049081MLS Logo

      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: $22,600
      • Annual tax amount: $5,952
      • Date on market: 4/4/2026
      • Cumulative days on market: 207 days
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $3,205/mo

        Price history

        DateEventPrice
        7/2/2026Price change$515,000-1.9%$200/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7049081 Report a problem
        4/4/2026Listed for sale$525,000-2.6%$204/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7049081 Report a problem
        11/9/2025Listing removed$539,000$209/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6721277 Report a problem
        9/8/2025Price change$539,000-1.8%$209/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6721277 Report a problem
        6/13/2025Price change$549,000-1.1%$213/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6721277 Report a problem
        5/14/2025Listed for sale$555,000+1.8%$215/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6721277 Report a problem
        11/13/2024Listing removed$545,000$212/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6590907 Report a problem
        8/23/2024Listed for sale$545,000-0.9%$212/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6590907 Report a problem
        8/21/2024Listing removed--
        Source: NorthstarMLS as distributed by MLS GRID #6524848 Report a problem
        7/9/2024Price change$549,900-3.4%$213/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6524848 Report a problem
        6/4/2024Price change$569,000-2.6%$221/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6524848 Report a problem
        5/16/2024Price change$584,000-2.5%$227/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6524848 Report a problem
        4/24/2024Listed for sale$599,000+999.1%$233/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6524848 Report a problem
        7/7/2019Listing removed$54,500$21/sqft
        Source: Faribault - WEICHERT, REALTORS - Heartland #4860315 Report a problem
        7/7/2019Price change$54,500+194.6%$21/sqft
        Source: Faribault - WEICHERT, REALTORS - Heartland #4860315 Report a problem
        4/19/2019Price change$18,500-66.1%$7/sqft
        Source: Faribault - WEICHERT, REALTORS - Heartland #4860315 Report a problem
        7/9/2018Price change$54,500+172.5%$21/sqft
        Source: Faribault - WEICHERT, REALTORS - Heartland #4860315 Report a problem
        6/13/2018Listed for sale$20,000-63.6%$8/sqft
        Source: Faribault - WEICHERT, REALTORS - Heartland #4860315 Report a problem
        4/4/2018Listing removed$55,000$21/sqft
        Source: Faribault - WEICHERT, REALTORS - Heartland #4860315 Report a problem
        9/27/2017Price change$55,000-26.7%$21/sqft
        Source: Faribault - WEICHERT, REALTORS - Heartland #4860315 Report a problem
        8/1/2017Listed for sale$75,000$29/sqft
        Source: Faribault - WEICHERT, REALTORS - Heartland #4860315 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2017$452 -3.8%$22,600
        2016$470 $22,600
        2015$470 +16.9%$22,600
        2014$402 -9.5%$22,600
        2013$444 -18.1%--
        2012$542 --
        2011$542 +51.4%--
        2010$358 +18.5%--
        2009$302 --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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: 55052

        Getting around

        27 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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