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$250,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Car Garage
  • Updated 4 hours ago
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Rare opportunity to own a beautifully improved lakefront lot on Cannon Lake! Situated on .66 acres, this unique property offers stunning water views from both sides-imagine sunrise coffee and sunset evenings without ever leaving home. The heavy lifting is already done. A newly constructed 3 car garage ( built in 2021) sits above the flood plain, providing immediate utility and a solid start for your future build. The lot has variance approval from the city/county to rebuild on the existing footprint or smaller (34x62) for construction of a new home above the flood plain, and to make things even easier, the sale includes professionally designed house plans valued at $2,500. This property is equipped with an existing well and mound septic system, ready to be reconnected when you build. Whether you're dreaming of a year-round residence or a weekend retreat, the groundwork is in place to bring your vision to life. Enjoy lake living from day one with included dock, boat lift, picnic table, and two fire pits-perfect for entertaining, relaxing, and making the most of every season. If you've been waiting for the right lake lot without the usual headaches, this is it. Build your dream home and start living the lake life you've been planning.

Full Property Details for 3990 Cannon Lake Trail

General

  • Price: $250,000
  • Taxes: $1,164 (2026)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7044649
  • Updated: Today (3/27/2026)
  • Added to Site: Today

Additional Information

  • Amenities: Dock, Panoramic View

Parking

  • Garage: Yes
  • Garage Description: 36 x 30
  • Garage Spaces: 3
  • Parking Features: Detached Garage

Location

  • County: Rice
  • Township: Warsaw Twp
  • Driving Directions: Hwy 60 to Dalton Ave to Property

School Information

  • School District: 2145 - Faribault
  • High School District: Faribault

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None
  • Heating Fuel: Other

Utilities

  • Sewer: Other
  • Water: Other

Structural Information

  • Foundation Size: 1
  • Disability Access: None
  • Year Built: 2026

Lot Features

  • Lot Size (Acres): 0.66
  • Lot Dimensions: 342 x 24 x 281 x 74 x 81
  • Frontage: City Street, Paved Streets
  • Zoning: Residential-Single Family

Water Features

  • Water Front Desc.: Dock, Lakefront, Lake View
  • Water Front Feet: 188
  • Lake Front: Yes

Financial Considerations

  • Tax Amount: $1,164
  • Tax Year: 2026

Disclosures and Reports

  • Legal Description: THOSE PARTS GOV L1 SEC4 & GOV L1 SEC3 LYG SLY C/L CSAH 12 BEG NW COR GOV L1 SEC4 TH ELY ALG N LI GOV L1 SEC4 WH N LI IS ALSO ON LI BTW NW COR & NE COR NW4 SEC3 659.77FT TO NW COR E2 GOV L1 SEC4 TH S0D08'40"W ALG W LI E2 GOV L1 SEC4 262.13FT TAP C/L C NTY HWY 12 TH S80D29'33"E ALG HWY C/L 666.42FT TO TPOB PAR TO BE HD TH S80D29'33"E ALG HWY C/L 341.39FT TH S3D22"55"E ABOUT 79FT TO WATERS EDGE CANNON LAKE TH NWLY ALG WATERS EDGE TAP IN A LI S8D04'13"W TPOB TH N8D04'13"E ABOUT 119FT TO TPOB SEE PAR 14.03.2.25.902 WH IS LEASED LD ON THIS PAR
  • Property ID: 1403225002

Listed by RE/MAX Results

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Schools serving 3990 Cannon Lake Trail

School District:Faribault Public School District
NameGradesDistance
Lincoln Elementary School, Faribault, MN
510 Lincoln Avenue Northwest, Faribault, MN 55021
K-52.9 mi
Faribault Middle School
704 17th Street Southwest, Faribault, MN 55021
6-83.3 mi
Faribault Senior High School
330 9th Avenue Southwest, Faribault, MN 55021
9-122.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3990 Cannon Lake Trail Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/27/2026
Listed
$250,000
3.77%
MLS
6/05/2017
Sold
$240,924
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3990 Cannon Lake Trail

Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,198
-53%
$162,200
-53%
2024
$2,538
19%
$348,600
—
2023
$2,140
—
$348,600
31%
2021
$2,140
-13%
$266,600
-16%
2023
$2,456
28%
$317,900
35%
2020
$1,912
3%
$236,200
4%
2019
$1,854
15%
$228,100
18%
2018
$1,606
—
$193,100
9%
2017
$1,606
15%
$177,900
19%
2016
$1,392
33%
$149,400
29%
2015
$1,044
-7%
$115,400
6%
2014
$1,122
9%
$109,000
2%
2013
$1,032
—
$106,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3990 Cannon Lake Trail, Faribault, MN 55021 (MLS# 7044649) is a Single Family property with 0 bedrooms and 0 full bathrooms. 3990 Cannon Lake Trail is currently listed for $250,000 and was received on March 27, 2026. Want to learn more about 3990 Cannon Lake Trail? Do you have questions about finding other Single Family real estate for sale in Faribault? You can browse all Faribault real estate or contact a Coldwell Banker agent to request more information.

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