Welcome to Your Dream Lakefront Retreat. Nestled on the serene shores of Cannon Lake, this stunning lake home is where luxury meets tranquility. With 4 spacious bedrooms and 4 modern baths, this residence offers ample space for family and guests.
Step inside to find an open-concept living area highlighted by vaulted ceilings and panoramic windows that invite in natural light and breathtaking Lake views. The eat in kitchen, equipped with stainless steel appliances, double oven and granite countertops, is perfect for hosting gatherings or enjoying quiet evenings at home.
Main floor features Primary Bedroom and bath, along with office space and beautiful formal dining room.
The lower level walkout is a true highlight, featuring a Large family room ideal for movie nights or game days. Complete with a wet bar, it’s perfect for entertaining guests or unwinding with loved ones. Step outside to find a spacious patio, cozy fire pit area for marshmallow nights and private dock for morning coffees or sunset boat rides. Whether you're swimming, fishing, or simply soaking in the views, life at THE LAKE feels like a perpetual vacation.
Located just minutes from 35W this home provides the perfect balance of seclusion and convenience.
Don’t miss your chance to own this piece of paradise—schedule your private tour today and start making lakeside memories that last a lifetime!
Closed
Street View
$930,000
5701 232nd St W, Faribault, MN 55021
4beds
4,888sqft
Single Family
Built in 2005
0.49 Acres Lot
$923,400 Zestimate®
$190/sqft
$3,989 Estimated rent
Home value
$923,400
$729,000 - $1.17M
$3,989/mo
Zestimate® history
Owner options
List your home for rent
$3,989/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,989/mo
Rent Zestimate®
Refinance and save
$5,764/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,764/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Scott R. Reineke 507-210-1000,
RE/MAX Experts
Bought with:
Scott R. Reineke
RE/MAX Experts
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6629885
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 224 Square Feet
- Dimensions: 16x14
Bedroom 2
- Level: Upper
- Area: 210 Square Feet
- Dimensions: 15x14
Bedroom 3
- Level: Upper
- Area: 168 Square Feet
- Dimensions: 14x12
Bedroom 4
- Level: Lower
- Area: 210 Square Feet
- Dimensions: 15x14
Primary bathroom
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Bathroom
- Level: Upper
- Area: 60 Square Feet
- Dimensions: 12x5
Bathroom
- Level: Main
- Area: 25 Square Feet
- Dimensions: 5x5
Bathroom
- Level: Lower
- Area: 84 Square Feet
- Dimensions: 14x6
Deck
- Level: Main
- Area: 240 Square Feet
- Dimensions: 24x10
Dining room
- Level: Main
- Area: 240 Square Feet
- Dimensions: 15x16
Family room
- Level: Lower
- Area: 880 Square Feet
- Dimensions: 40x22
Kitchen
- Level: Main
- Area: 340 Square Feet
- Dimensions: 20x17
Laundry
- Level: Main
- Area: 72 Square Feet
- Dimensions: 9x8
Living room
- Level: Main
- Area: 323 Square Feet
- Dimensions: 19x17
Loft
- Level: Upper
- Area: 132 Square Feet
- Dimensions: 12x11
Mud room
- Level: Main
- Area: 56 Square Feet
- Dimensions: 8x7
Office
- Level: Main
- Area: 154 Square Feet
- Dimensions: 14x11
Walk in closet
- Level: Main
- Area: 42 Square Feet
- Dimensions: 7x6
Walk in closet
- Level: Main
- Area: 21 Square Feet
- Dimensions: 7x3
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Double Oven, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: Main Level
Features
- Basement: Drain Tiled,Drainage System,Egress Window(s),Finished,Full,Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Gas
Interior area
- Total structure area: 4,888
- Total interior livable area: 4,888 sqft
- Finished area above ground: 2,840
- Finished area below ground: 1,364
Property
Parking
- Total spaces: 3
- Parking features: Attached, Concrete
- Attached garage spaces: 3
- Details: Garage Dimensions (32 x 24)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Composite Decking, Deck, Patio
- Has view: Yes
- View description: Lake, North, Panoramic
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Waterfront Elevation(0-4), Lake Bottom(Sand)
- Frontage length: Water Frontage: 105
Lot
- Size: 0.49 Acres
- Dimensions: 105 x 208 x 100 x 211
- Features: Accessible Shoreline, Tree Coverage - Medium
Details
- Foundation area: 2048
- Parcel number: 1417201021
- Zoning description: Shoreline,Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block, Brick, Frame
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Electric: 200+ Amp Service
- Gas: Electric, Natural Gas
- Sewer: Septic System Compliant - Yes, Tank with Drainage Field
- Water: Well
- Utilities for property: Underground Utilities
Community & HOA
Community
- Subdivision: Draper Add
HOA
- Has HOA: No
Location
- Region: Faribault
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $951,600
- Annual tax amount: $7,054
- Date on market: 11/13/2024
- Cumulative days on market: 63 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/4/2025 | Sold | $930,000-2.1%$190/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6629885 Report a problem | ||
| 1/17/2025 | Pending sale | $949,900$194/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6629885 Report a problem | ||
| 11/15/2024 | Listed for sale | $949,900+55.7%$194/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6629885 Report a problem | ||
| 2/19/2016 | Sold | $610,000-4.7%$125/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4564093 Report a problem | ||
| 1/18/2016 | Pending sale | $640,000+4.9%$131/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4564093 Report a problem | ||
| 11/18/2015 | Sold | $610,000-4.7%$125/sqft |
Source: Agent Provided Report a problem | ||
| 2/20/2015 | Listed for sale | $640,000$131/sqft |
Source: Edina Realty, Inc., a Berkshire Hathaway affiliate #4564093 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,258 +2.9% | $951,600 +4.6% |
| 2024 | $7,054 +9.2% | $909,400 +0.6% |
| 2023 | $6,460 +7.9% | $903,800 +14.2% |
| 2022 | $5,986 +3.4% | $791,500 +13.4% |
| 2021 | $5,790 +13.5% | $698,200 +3.5% |
| 2020 | $5,102 | $674,800 +9.4% |
| 2019 | $5,102 -7.7% | $616,800 -6.4% |
| 2018 | $5,528 +6.9% | $658,800 +8.5% |
| 2017 | $5,170 +19.7% | $607,300 +2% |
| 2016 | $4,320 | $595,400 +25.9% |
| 2015 | $4,320 +20.8% | $472,800 +16.2% |
| 2014 | $3,576 -1.2% | $406,800 |
| 2013 | $3,620 -14.5% | -- |
| 2012 | $4,232 | -- |
| 2011 | $4,232 +1.6% | -- |
| 2010 | $4,164 +1.2% | -- |
| 2009 | $4,116 +9% | -- |
| 2008 | $3,776 +8.1% | -- |
| 2007 | $3,494 +598.8% | -- |
| 2006 | $500 | -- |
Find assessor info on the county website
Neighborhood: 55021
Nearby homes
- $883,7001 bd3 ba2k sqft5691 232nd St W, Faribault, MN 55021Off Market
- $757,1003 bd3 ba3.3k sqft5641 232nd St W, Faribault, MN 55021Off Market
- $736,0005 bd5 ba4.5k sqft5755 232nd St W, Faribault, MN 55021Sold
- $---- bd-- ba-- sqft5690 232nd St W, Faribault, MN 55021Off Market
- $995,6001 bd3 ba2.6k sqft5765 232nd St W, Faribault, MN 55021Off Market
- $1,195,0004 bd4 ba6k sqft5785 232nd St W, Faribault, MN 55021For Sale
- $1,087,7003 bd3 ba3.5k sqft5657 232nd St W, Faribault, MN 55021Off Market
- $701,0002 bd2 ba2.2k sqft6025 232nd St W, Faribault, MN 55021Off Market
Nearby schools
GreatSchools rating
- 6/10Lincoln Elementary SchoolGrades: K-5Distance: 5.6 mi
- 2/10Faribault Middle SchoolGrades: 6-8Distance: 5.3 mi
- 4/10Faribault Senior High SchoolGrades: 9-12Distance: 5.3 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$923,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$923,400
- Minnesota
- Rice County
- Faribault
- 55021
- 5701 232nd St W
Nearby cities
Nearby zip codes
Other Faribault Topics
