5024 Cannon Lake Trail, Faribault, MN 55021 (MLS# 7038264)


$775,000
5024 Cannon Lake Trail
Faribault, MN 55021
MLS# 7038264
3 beds  |  2 baths  |  1582 sqft


5024 Cannon Lake Trail, Faribault, MN 55021
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Property Description
Opportunity for Lake living at it’s best! The lot measures .89 acres with 90 ft of boulder walled beach shoreline. Two spacious paver patios with shade trees & beautiful landscaping framing the panoramic views of Cannon Lake. Newly constructed 5 car garage with new concrete driveways to both buildings. Garage shed is insulated, in-floor heat. In ground sprinkler system, new septic &well, shows the high level of care the property owners strive for and expect. The interior has been totally renovated. New windows, doors, kitchen, bedrooms & baths. Plumbing heating & electrical updates throughout. Cannon Lake is an active year-round experience, waterfowl, fishing, all forms of watercraft, wind sailing, summer and winter! Float planes touch and go, a splendid event! Dock & lift are included. Put this as a must see!

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 775000
Original List Price: 775000
ListPrice: 775000
List Date: 2026-05-04
Owner is an Agent?: No
Auction?: No
General Property Information
Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 1
Waterfront Frontage: 99
Waterfront Present: Yes
Year Built: 1987
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 3
Baths Total: 2
Bath Full: 1
Bath Three Quarters: 1
Main Floor Total SqFt: 1582
Above Grd Total SqFt: 1582
Total SqFt: 1582
Total Finished Sqft: 1582.00
FireplaceYN: Yes
Lake/Waterfront Name: Cannon
Style: (SF) Single Family
Foundation Size: 1582
Power Company: Xcel Energy
Garage Stalls: 7
Lot Dimensions: 38,704
Acres: 0.89
Assessment Pending: No
Location Tax and Other Information
House Number: 5024
Street Name: Cannon Lake
Street Suffix: Trail
Postal City: Faribault
County: Rice
State: MN
Zip Code: 55021
Complex/Dev/Subdivision: Anderson Sub
Assessments
Tax With Assessments: 3584
Basement
Foundation Dimensions: 40 x 42
Building Information
Finished SqFt Above Ground: 1582
Elevation Highpoint to Waterfront Feet
Elevation Highpoint Waterfront Feet: 4-10
Lake Details
Lake Acres: 1593
Lake Depth: 15
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: No
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 2280
Public Survey Info
Range#: 21
Section#: 05
Township#: 109
Property Features
Accessible: None
Air Conditioning: Central Air
Amenities Unit: Cable; Ceiling Fan(s); Dock; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Main Floor Primary Bedroom; Paneled Doors; Panoramic View; Patio; Porch; Sun Room; Tile Floors
Appliances: Dishwasher; Microwave; Range; Refrigerator; Washer
Assumable Loan: Not Assumable
Basement: Concrete Block; Crawl Space; Sump Pump; Unfinished
Bath Description: Main Floor Full Bath; 3/4 Primary
Construction Materials: Brick
Construction Status: Previously Owned
Dining Room Description: Breakfast Bar; Kitchen/Dining Room
Electric: 200+ Amp Service
Elevation Highpoint to Waterfront Slope: Level
Exterior: Brick/Stone; Wood
Family Room Characteristics: Main Level
Fencing: None
Fireplace Characteristics: Brick; Gas Burning
Foundation: Concrete Block
Fuel: Natural Gas
Heating: In-Floor Heating
Internet Options: Cable; DSL; Fiber Optic
Lake Details: Rocky; Sand
Laundry: Main Level
Lock Box Type: Combo
Lot Description: Accessible Shoreline; Irregular Lot; Tree Coverage - Medium
Parking Characteristics: Finished Garage; Driveway - Shared; Garage Door Opener; Heated Garage; Insulated Garage
Property Subtype: Ranch-Style Home
Road Frontage: County Road
Road Responsibility: Public Maintained Road
Roof: Age 8 Years or Less
Sellers Terms: Cash; Conventional
Sewer: Mound Septic; Septic System Compliant - Yes
Special Search: All Living Facilities on One Level; Main Floor Laundry; Main Floor Primary
Stories: One
Water: Well
Waterfront View: Lake; Panoramic; South; East
Room Information
Room Name Dimensions Level
Dining Room13 x 10Main
First (1st) Bedroom9.4 x 10.2Main
Kitchen16 x 15.6Main
Laundry5.9 x 5.6Main
Living Room17 x 13.6Main
Patio25.5 x 25.5Main
Porch7 x 12Main
Second (2nd) Bedroom11.10 x 13.4Main
Third (3rd) Bedroom10 x 12.10Main

Listing Office: Edina Realty, Inc.

Last Updated: May - 28 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

Sunday 31st of May 2026 03:57 AM

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