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  • Price cut: $10K (6/26)
    $439,900

    5414 Elkton Trl, Faribault, MN 55021

    2beds
    2,240sqft
    : 
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    Single Family
    Built in 1974
    0.69 Acres Lot
    $433,500 Zestimate®
    $196/sqft
    $-- HOA

    What's special

    Experience peaceful lake living with beautiful views, amazing landscaping, and deeded access to Cannon Lake. Nestled on a picturesque .56-acre lot surrounded by mature trees and lush perennial gardens, this beautifully maintained home offers over 2,200 finished square feet designed for both comfortable everyday living and effortless entertaining. The bright, open-concept main level is filled with natural light from expansive windows that showcase the surrounding beauty. The spacious kitchen features abundant cabinetry, generous counter space, a large center island with seating, and flows seamlessly into the dining and living areas. Just beyond, the inviting sunroom offers the perfect place to relax with your morning coffee or unwind after a day on the lake. The spacious primary bedroom serves as a private retreat with beautiful views, an incredible walk-in closet, and a custom built-in office and workstation complete with extensive cabinetry, shelving, and storage. The finished walkout lower level provides exceptional additional living space with a cozy family room highlighted by rustic wood accent walls, a sit-up bar area perfect for entertaining, a second bedroom and bathroom, and an attached office/bonus room ideal for hobbies or working from home. An additional storage area adds even more functionality. Outdoor enthusiasts will appreciate being just two blocks from the Sakatah Singing Hills State Trail, offering miles of scenic biking and walking trails stretching from Faribault to Mankato. Whether you're enjoying a quiet evening overlooking the lake, hosting family and friends, or exploring the nearby trails, this exceptional property offers the perfect blend of serenity, recreation, and modern comfort. Don't miss your opportunity to own this move-in-ready home with deeded Cannon Lake access and a setting you'll love coming home to.
    38 days
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    401
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    11
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    Zillow last checked:

    Listing updated:

    Listed by:

    Rebecca Lippert 507-384-8198,

    eXp Realty

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7085603MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      Bedroom
      • Level: Main
      • Area: 375 Square Feet
      • Dimensions: 15x25
      Bedroom 2
      • Level: Lower
      • Area: 264 Square Feet
      • Dimensions: 22x12
      Dining room
      • Level: Main
      • Area: 156 Square Feet
      • Dimensions: 12x13
      Family room
      • Level: Lower
      • Area: 525 Square Feet
      • Dimensions: 21x25
      Kitchen
      • Level: Main
      • Area: 208 Square Feet
      • Dimensions: 16x13
      Living room
      • Level: Main
      • Area: 216 Square Feet
      • Dimensions: 18x12
      Office
      • Level: Lower
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Sun room
      • Level: Main
      • Area: 144 Square Feet
      • Dimensions: 12x12
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Water Softener Owned
      • Laundry: Lower Level
      Features
      • Basement: Finished
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 2,240
      • Total interior livable area: 2,240 sqft
      • Finished area above ground: 1,336
      • Finished area below ground: 904
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached Garage
      • Garage spaces: 2
      • Details: Garage Dimensions (24x30)
      Accessibility
      • Accessibility features: Grab Bars In Bathroom, Stair Lift
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Porch
      • Fencing: None
      • Waterfront features: Deeded Access
      Lot
      • Size: 0.69 Acres
      • Dimensions: 29,919
      • Features: Corner Lot, Tree Coverage - Medium
      Details
      • Foundation area: 1336
      • Parcel number: 1417126023
      • Zoning description: Residential-Single Family

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family
      Materials
      • Block
      • Roof: Age Over 8 Years
      Condition
      • New construction: No
      • Year built: 1974

      Utilities & green energy

      • Gas: Natural Gas
      • Sewer: Septic System Compliant - Yes
      • Water: Private, Well

      Community & HOA

      Community
      • Subdivision: Witte Add Sub
      HOA
      • Has HOA: No
      Location
      • Region: Faribault

      Financial & listing details

      • Price per square foot: $196/sqft
      • Tax assessed value: $391,400
      • Annual tax amount: $2,746
      • Date on market: 6/5/2026
      • Cumulative days on market: 190 days

        Estimated market value

        $433,500

        $412,000 - $455,000

        $2,093/mo

        Price history

        DateEventPrice
        6/26/2026Price change$439,900-2.2%$196/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7085603 Report a problem
        6/5/2026Price change$449,900-1.1%$201/sqft
        Source: NorthstarMLS as distributed by MLS GRID #7085603 Report a problem
        5/8/2026Price change$455,000-2.2%$203/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6822969 Report a problem
        4/22/2026Price change$465,000-1%$208/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6822969 Report a problem
        12/4/2025Listed for sale$469,900+14.1%$210/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6822969 Report a problem
        5/26/2023Sold$412,000+3%$184/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6347772 Report a problem
        4/7/2023Pending sale$399,900$179/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6347772 Report a problem
        4/5/2023Listed for sale$399,900+110.5%$179/sqft
        Source: NorthstarMLS as distributed by MLS GRID #6347772 Report a problem
        9/11/2003Sold$190,000$85/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,676 +12.2%$391,400 +5.8%
        2024$2,384 +5.4%$369,800 +11.3%
        2023$2,262 +11.6%$332,300 +10.9%
        2022$2,026 +3.1%$299,700 +16.9%
        2021$1,966 +11.8%$256,300 +3.1%
        2020$1,758 $248,600 +8.4%
        2019$1,758 +3.2%$229,400 +3.1%
        2018$1,704 +6.1%$222,600 +7.7%
        2017$1,606 +9.7%$206,700 +1.5%
        2016$1,464 $203,700 +17%
        2015$1,464 +3.1%$174,100 -0.7%
        2014$1,420 -1.9%$175,300
        2013$1,448 -9.5%--
        2012$1,600 --
        2011$1,600 +11.9%--
        2010$1,430 +8.5%--
        2009$1,318 -2.1%--
        2008$1,346 -9.7%--
        2007$1,490 +17.7%--
        2006$1,266 +42.9%--
        2004$886 +5.2%--
        2003$842 +2.4%--
        2002$822 -24.7%--
        2001$1,092 --
        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.
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        Climate risks

        Neighborhood: 55021

        Getting around

        6 / 100
        Car-Dependent
        42 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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