Peaceful Acreage, Stunning Views & Deeded Lake Access—A Rare Opportunity! Nestled on over an acre of land with serene lake views this beautifully updated home is a rare find. Whether you envision building your dream shop, expanding your garden, or simply enjoying wide-open space, this property offers endless potential. A spacious 12x28 storage shed is included in the sale—perfect for extra storage, hobbies, or a future workshop. The three-season room is shining with charm with views at every angle feeling like you are perched in nature. Over the last five years, nearly every major component has been thoughtfully upgraded for comfort and peace of mind. The kitchen features soft-close cabinetry, updated countertops, and modern appliances. The main-level bathroom has been fully remodeled with a walk-in shower, new toilet, sink, fixtures, and vanity. A large newer picture window in the living room fills the space with natural light and frames scenic views of the an 88-acre State Wildlife Management Area and wildlife beyond. Enjoy efficient and reliable utilities with a newer boiler, mini-split system with two air handlers, and a gas water heater. The home also features a newer well pump, new in the last few years poured cement driveway, a newer cement floor in the attached two-car garage, and a stylish paver patio perfect for relaxing outdoors. The durable steel siding offers long-term value and low maintenance. The full walkout basement with a daylight window is ready to be finished, offering plenty of space to add more living area, a guest suite, or a recreation room. Deeded lake access is just a short walk away, making it easy to enjoy water activities year-round. With modern updates, stunning views, and room to grow, this home offers the perfect blend of comfort, privacy, and outdoor lifestyle. Properties like this don’t come along often—schedule your private showing today!
Closed
$358,200
8992 Shields Lake Path, Faribault, MN 55021
3beds
1,328sqft
Single Family
Built in 1976
1.06 Acres Lot
$381,200 Zestimate®
$270/sqft
$1,963 Estimated rent
Home value
$381,200
$362,000 - $400,000
$1,963/mo
Zestimate® history
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List your homeWhat's special
Modern updatesScenic viewsStylish paver patioDeeded lake accessSerene lake viewsNewer picture windowModern appliances
Zillow last checked:
Listing updated:
Listed by:
Kathy Kalow 507-323-5236,
Edina Realty, Inc.
Bought with:
Kathy Kalow
Edina Realty, Inc.
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6745093
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Main
- Area: 150.8 Square Feet
- Dimensions: 13x11.6
Bedroom 2
- Level: Main
- Area: 139.2 Square Feet
- Dimensions: 11.6x12
Bedroom 3
- Level: Main
- Area: 106.2 Square Feet
- Dimensions: 11.8x9
Bathroom
- Level: Main
- Area: 40 Square Feet
- Dimensions: 8x5
Dining room
- Level: Main
- Area: 96 Square Feet
- Dimensions: 12x8
Family room
- Level: Lower
- Area: 798 Square Feet
- Dimensions: 38x21
Kitchen
- Level: Main
- Area: 112 Square Feet
- Dimensions: 14x8
Laundry
- Level: Lower
- Area: 119.9 Square Feet
- Dimensions: 11x10.9
Living room
- Level: Main
- Area: 279.18 Square Feet
- Dimensions: 19.8x14.10
Storage
- Level: Lower
- Area: 86.86 Square Feet
- Dimensions: 10.10x8.6
Other
- Level: Main
- Area: 600 Square Feet
- Dimensions: 25x24
Heating
- Boiler
Cooling
- Ductless Mini-Split
Appliances
- Included: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: In Basement
Features
- Basement: Block,Daylight,Full,Partially Finished,Storage Space,Walk-Out Access
Interior area
- Total structure area: 3,152
- Total interior livable area: 1,328 sqft
- Finished area above ground: 1,276
- Finished area below ground: 52
Property
Parking
- Total spaces: 2
- Parking features: Attached, Concrete, Tuckunder Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Deeded Access, Lake View
Lot
- Size: 1.06 Acres
- Dimensions: 1 x 1
- Features: Corner Lot, Tree Coverage - Light
Details
- Additional structures: Storage Shed
- Foundation area: 1276
- Additional parcels included: 0902326016
- Parcel number: 0902326017
- Zoning description: Shoreline,Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Block
- Roof: Age 8 Years or Less
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Gas: Natural Gas
- Sewer: Private Sewer, Septic System Compliant - Yes
- Water: Private, Well
Community & HOA
Community
- Subdivision: Corls Add 02
HOA
- Has HOA: No
Location
- Region: Faribault
Financial & listing details
- Price per square foot: $270/sqft
- Tax assessed value: $348,600
- Annual tax amount: $2,636
- Date on market: 6/27/2025
- Cumulative days on market: 80 days
- Road surface type: Unimproved
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2025 | Sold | $358,200-0.5%$270/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6745093 Report a problem | ||
| 7/1/2025 | Pending sale | $360,000$271/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6745093 Report a problem | ||
| 6/27/2025 | Listed for sale | $360,000-1.4%$271/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6745093 Report a problem | ||
| 6/25/2025 | Listing removed | $365,000$275/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6699079 Report a problem | ||
| 6/10/2025 | Price change | $365,000-2.7%$275/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6699079 Report a problem | ||
| 4/10/2025 | Listed for sale | $375,000$282/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6699079 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,676 +8% | $348,600 +5.3% |
| 2024 | $2,478 +4.4% | $331,100 +4.3% |
| 2023 | $2,374 +14% | $317,400 +10% |
| 2022 | $2,082 +12.5% | $288,500 +16.7% |
| 2021 | $1,850 +11.7% | $247,200 +11.9% |
| 2020 | $1,656 | $220,900 +7.9% |
| 2019 | $1,656 -3.5% | $204,800 +3.6% |
| 2018 | $1,716 +34.5% | $197,700 +23.9% |
| 2017 | $1,276 -1.4% | $159,500 +4.8% |
| 2016 | $1,294 | $152,200 +2.5% |
| 2015 | $1,294 +3.9% | $148,500 |
| 2014 | $1,246 -14% | $148,500 |
| 2013 | $1,448 +9.2% | -- |
| 2012 | $1,326 | -- |
| 2011 | $1,326 +11.8% | -- |
| 2010 | $1,186 -2.6% | -- |
| 2009 | $1,218 -2.7% | -- |
| 2008 | $1,252 +6.6% | -- |
| 2007 | $1,174 +3.5% | -- |
| 2006 | $1,134 +8.8% | -- |
| 2004 | $1,042 +2.8% | -- |
| 2003 | $1,014 +13.2% | -- |
| 2002 | $896 -30.7% | -- |
| 2001 | $1,292 | -- |
Find assessor info on the county website
Neighborhood: 55021
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Nearby schools
GreatSchools rating
- 6/10Lincoln Elementary SchoolGrades: K-5Distance: 8.8 mi
- 2/10Faribault Middle SchoolGrades: 6-8Distance: 10.2 mi
- 4/10Faribault Senior High SchoolGrades: 9-12Distance: 9.3 mi
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Estimated market value
$381,200
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Estimated market value
$381,200
- Minnesota
- Rice County
- Faribault
- 55021
- 8992 Shields Lake Path
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