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Waterfront Residential Buildable Lot
For Sale
$175,000

232nd ST W, Faribault, MN 55021

Land, Faribault, MN

Property SizeContact for details
Lot Size1.60 Acres
Days on Market92

Property Features for 232nd ST W

General Information

Property type Land
Property subtype Other
Zoning description Shoreline
Subdivision Birkland 4th Add
Lot features Accessible Shoreline
High school district Faribault
Directions From I-35 in Faribault, go West on Hwy 60, then turn right on 233rd st West then right on Fairfield Ave then left on 232nd st West and the property is on the right.
Standard status Active
APN 1418151007
Lot size 1.60 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 630

Utilities

Utilities Natural Gas Available
Water front features Lake
Water front 1
Listing Agency: eXp Realty
Listed By: Jennifer Fielding · License #40416607
Added: May 22 Changed: Aug 19 Last Checked: Aug 21 at 5:06AM
MLS# 7079400

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This is a buildable waterfront lot totaling 1.602 acres with approximately 150 feet of shoreline on Cannon Lake. The property is described as offering ample space for a future home and outdoor entertaining, with room for additional storage or recreational amenities.

The lot is located in the Faribault, Minnesota area on 232nd St W (Rice County), with access described as convenient to the Twin Cities corridor.

For buyers seeking to construct a custom lake home, the combination of shoreline frontage and buildable acreage supports a variety of private residential and recreational plans. The waterfront setting is suited to activities noted for the property, including boating and fishing, while maintaining direct lake access from the site.

Key Highlights

  • 1.6‑acre buildable lot with lake frontage on Cannon Lake
  • 150 feet of shoreline on Cannon Lake
  • Waterfront feature: Lake

Property Analytics

Current Use

Waterfront Land

Location Intelligence

Trade Area within ½ mile

13
Businesses Nearby

Demographics for 55021, MN

30,636
Population
12,421
Households
2.5
Avg Household Size
40
Median Age
20%
College-Educated
90%
High-School Grad
177.0 sq mi
ZIP Area
173
Density / Sq Mi
$70,296
Median Household Income
$39,914
Median Earnings
$1,044
Median Rent
$267,600
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - Build on a lakefront lot with shoreline frontage and space for a primary residence and outdoor amenities.
Where is this waterfront land located?
The property is located at 232nd ST W Faribault, MN.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 1.6‑acre buildable lot with lake frontage on Cannon Lake; 150 feet of shoreline on Cannon Lake; Waterfront feature: Lake
More about this property
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