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$525,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 2 Partial Baths
  • 2,576 Sq. Ft.
  • 4 Car Garage
  • Updated 5 hours ago
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Step into a storybook setting where French Colonial charm meets coastal serenity and Southern grace, tucked along the banks of the Cannon River in the heart of Morristown. With two parcels included, the home plus an additional buildable lot with 165 feet of pristine shoreline, this property offers a level of privacy, beauty, and possibility that is rarely found. Inside, curated custom finishes and artisan craftsmanship create a home that feels both worldly and welcoming, from whitewashed cedar ceilings and layered textures to oversized windows that flood the open-concept main floor with natural light and frame the river like living artwork, where every window holds a river view and every detail tells a story. Designed for both gathering and quiet moments, you'll enjoy morning coffee on one of two river-facing decks, evenings on the wraparound porch watching eagles soar, and days spent canoeing, fishing, or simply enjoying the peaceful rhythm of river life. The home features three generous bedrooms, including two spa-like ensuite retreats, blending comfort and luxury in perfect harmony. A four-stall tandem heated garage with large windows offers incredible space for vehicles, hobbies, kayaks, and more, feeling more like an extension of the home than a garage. This is more than a home, it's a beautiful riverside lifestyle, where every detail was chosen with intention. And now, with a new price, it presents an incredible opportunity to own one of the most unique and special properties in the area. Located in the charming town of Morristown, just minutes from Faribault and with easy access to I-35 and Mankato, this home offers the rare combination of peaceful small-town living and convenient access to larger city amenities. Surrounded by lakes in every direction, this location is a dream for those who love the outdoors yet need accessibility...a perfect blend of convenience and rural beauty. Truly the best of both worlds!

Full Property Details for 305 1st St NE

General

  • Price: $525,000
  • Taxes: $5,952 (2025)
  • Status: Active
  • Type: Single Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7049081
  • Updated: 4/4/2026
  • Added to Site: 2 day(s) ago

Interior

  • Fireplace(s): Wood-Burning, Wood Burning Stove
  • Appliances: Chandelier, Dishwasher, Dryer, Exhaust Fan, Range, Refrigerator, Stainless Steel Appliances, Washer

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 2
  • 3/4 Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Eat-in kitchen: Yes
  • Dining Room: Eat-In Kitchen, Kitchen/Dining Room, Living/Dining Room
  • Formal Dining Room: Eat In Kitchen, Kitchen/Dining Room, Living/Dining Room
  • Laundry: Laundry Room, Upper Level, Laundry Room, Upper Level

Additional Information

  • Amenities: Balcony, Deck, Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Panoramic View, Washer/Dryer Hookup, Wet Bar, Walk-In Closet

Exterior

  • Porch/Patio/Deck: Composite Decking, Covered, Deck, Wrap Around

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Description: 24 x 42
  • Garage Spaces: 4
  • Parking Features: Attached Garage, Concrete, Garage Door Opener, Heated Garage, Insulated Garage

Location

  • County: Rice
  • Township: Morristown
  • Subdivision: Original Town/Morristown
  • Driving Directions: Highway 60 West towards Morristown. South on Holland Avenue which turns into Bloomer Street East. North (right) on 1st Street NE to property on left. Listing includes the home and lot and adjacent parcel to the North on the River, PID #2023351099.

School Information

  • School District: 1047 - Waterville-Elysian-Morristown
  • High School District: Waterville-Elysian-Morristown

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Wood Stove
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer in Street
  • Water: City Water (In-Street)

Structural Information

  • Basement: Yes
  • Basement Desc.: Crawlspace
  • Foundation Size: 1288
  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • Disability Access: None
  • Square Feet: 2,576
  • Above Ground: 2,576 Sq. Ft.
  • Finished Down/Base.: 2,576 Sq. Ft.
  • Year Built: 2020

Lot Features

  • Lot Size (Acres): 0.7
  • Lot Dimensions: 165 x 185
  • Frontage: Cul-de-Sac, Paved Streets
  • Zoning: Residential-Single Family
  • Lot Description: Accessible Shoreline, Corner Lot, Light Tree Coverage

Water Features

  • Water Front Desc.: Riverfront, River View
  • Water Front Feet: 165

Financial Considerations

  • Tax Amount: $5,952
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash

Disclosures and Reports

  • Legal Description: LOT 3 BLOCK 2 OF MORRISTOWN ORIG TOWN
  • Property ID: 2023351100

Listed by eXp Realty

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— 305 1st St NE —

  • eXp Realty

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Schools serving 305 1st St NE

School District:Waterville-Elysian-Morristown Public School District
NameGradesDistance
Morristown Elementary School
23 Ann Street East, Morristown, MN 55052
5-60.3 mi
Waterville Elementary School
500 Paquin Street East, Waterville, MN 56096
PK-46 mi
Waterville-Elysian-Morristown Jr.
23 Ann Street East, Morristown, MN 55052
7-80.3 mi
Waterville-Elysian-Morristown Sr.
500 Paquin Street East, Waterville, MN 56096
9-126 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 305 1st St NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/02/2026
Listed
$525,000
1844.44%
MLS
8/25/2025
Sold
$27,000
—
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 305 1st St NE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,992
73%
$412,400
69%
2024
$3,468
1506%
$244,400
—
2023
$216
—
$244,400
420%
2021
$216
-91%
$47,000
-70%
2023
$2,528
1039%
$157,700
1334%
2020
$222
-3%
$11,000
—
2019
$230
24%
$11,000
20%
2018
$186
—
$9,200
—
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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Listed by eXp Realty

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305 1st Street NE, Morristown, MN 55052 (MLS# 7049081) is a Single Family property with 3 bedrooms, 2 full bathrooms and 2 partial bathrooms. 305 1st Street NE is currently listed for $525,000 and was received on April 02, 2026. Want to learn more about 305 1st Street NE? Do you have questions about finding other Single Family real estate for sale in Morristown? You can browse all Morristown real estate or contact a Coldwell Banker agent to request more information.

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