504 7th Street NW, Faribault, MN 55021 (MLS# 7046739)


$359,000
504 7th Street NW
Faribault, MN 55021
MLS# 7046739
5 beds  |  3 baths  |  4326 sqft


504 7th Street NW, Faribault, MN 55021
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Open House (07/11/2026 - 2:00 pm - 3:30 pm)

Property Description
ATTENTION...LISTING UPDATE...THIS HOME HAS A BRAND NEW ROOF! Introducing a magnificent Victorian home, deeply rooted in the history of Faribault and recognized as one of the iconic “Gallagher Homes” designed by the long time state architect C.H. Johnston. This regal residence features 6 generously sized bedrooms and 2 elegant bathrooms, all nestled on a sprawling oversized double corner lot that offers an abundance of outdoor space. As you approach this enchanting property, you are greeted by a charming, large front porch, perfect for relaxing on summer days. The inviting wooden front door opens into a grand foyer that beckons you into the expansive great room and living area, where you’ll discover a breathtaking fireplace, exquisite stained glass windows, and stunning hardwood floors that reflect the home's timeless elegance. Double pocket doors gracefully separate the grand living area from the formal dining room, a space that showcases intricate woodwork and a gorgeous built-in hutch, perfect for displaying treasured China. The adjoining butler's pantry offers ample storage and convenience, leading you seamlessly into a beautifully updated kitchen. This culinary haven boasts an abundance of cabinet space, sleek stainless steel appliances, and an efficient pantry room to accommodate all your kitchen essentials. As you continue to explore the main level, you’ll find a delightful three-season screened porch, an ideal spot for savoring warm summer evenings while surrounded by nature. Also, a convenient half bathroom and a comfortable bedroom, perfect for guests or family members seeking privacy and relaxation. Venture upstairs to discover a retreat featuring 4 spacious bedrooms, each offering ample natural light and comfort. The layout includes a generous landing area, a full bathroom, and a thoughtfully located large laundry room, along with a cozy sleeping porch that provides an intimate escape. You'll also appreciate the framed reproductions of the original blueprints displayed on the landing, telling a story of the home’s rich heritage. The third floor reveals yet another expansive bedroom, coupled with a versatile bonus room that can serve multiple purposes, such as a home office, playroom, or additional guest space. Descend into the basement, where an expansive family room awaits, perfectly suited for lively game nights or cozy movie marathons. This level includes laundry hookups in one of the three storage rooms and features a fur safe, blending practicality with peace of mind. The property is surrounded by a lovely rail fence, enhancing its stately charm and providing an added sense of privacy. Completing this extraordinary home is a 4-stall garage, cleverly converted from a historic dairy barn, offering generous upper-level storage and a unique character that ties back to the property’s rich past. This stunning home is a rare gem, offering a blend of historic grandeur and modern convenience. It truly needs to be seen in person to be fully appreciated—call today to experience a piece of Faribault history before it’s gone!

Details
Maps
Contract Information
Status: Active
Contingency: None
Current Price: 359000
Original List Price: 380000
ListPrice: 359000
List Date: 2026-04-03
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: 2
Waterfront YN: No
Year Built: 1905
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bedrooms: 5
Baths Total: 3
Bath Full: 1
Bath Three Quarters: 1
Bath Half: 1
Main Floor Total SqFt: 1443
Above Grd Total SqFt: 2883
Below Grd Total SqFt: 1443
Total SqFt: 4326
Total Finished Sqft: 4326.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 1443
Garage Stalls: 4
Lot Dimensions: 132x165
Acres: 0.5
Assessment Pending: Unknown
Location Tax and Other Information
House Number: 504
Street Name: 7th
Street Suffix: Street
Street Direction Suffix: NW
Postal City: Faribault
County: Rice
State: MN
Zip Code: 55021
Complex/Dev/Subdivision: Paquins 2nd Add
Assessments
Assessment Balance: 60
Tax With Assessments: 4908
Building Information
Finished SqFt Above Ground: 2883
Finished SqFt Below Ground: 1443
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
DP Resource: Yes
Homestead: Yes
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Square Feet: 988
Property Features
Accessible: None
Air Conditioning: Window Unit(s)
Amenities Unit: Hardwood Floors; Kitchen Window; Natural Woodwork; Patio; Porch; Washer/Dryer Hookup
Appliances: Dishwasher; Dryer; Microwave; Range; Refrigerator; Washer
Basement: Concrete Block
Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath
Construction Status: Previously Owned
Dining Room Description: Separate/Formal Dining Room
Exterior: Shakes; Wood
Family Room Characteristics: Family Room
Fencing: Split Rail
Fireplace Characteristics: Living Room; Primary Bedroom
Foundation: Concrete Block
Fuel: Natural Gas
Heating: Hot Water
Laundry: Laundry Room; Upper Level
Lot Description: Corner Lot
Parking Characteristics: Floor Drain; Garage Door Opener
Road Frontage: City Street; Curbs; Sidewalks; Street Lights
Road Responsibility: Public Maintained Road
Sewer: City Sewer/Connected
Special Search: 2nd Floor Laundry; 3 BR on One Level; Main Floor Bedroom
Stories: More Than 2 Stories
Water: City Water/Connected
Room Information
Room Name Dimensions Level
Three Season Porch7x22Upper
Bonus Room13x15Lower
Deck15x18Main
Dining Room13x15Main
Family Room21x16Main
Family Room30x31Lower
Fifth (5th) Bedroom10x11Upper
First (1st) Bedroom12x12Main
Fourth (4th) Bedroom10x12Upper
Foyer4x7Main
Kitchen11x13Main
Laundry11x13Lower
Living Room14x16Main
Mud Room7x7Main
Pantry (Walk-In)8x11Main
Porch8x36Main
Porch9x11Main
Second (2nd) Bedroom13x15Upper
Third (3rd) Bedroom13x15Upper
Other9x10Lower

Listing Office: Weichert, REALTORS- Heartland

Last Updated: July - 09 - 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.

Saturday 11th of July 2026 06:42 PM

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