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Cannon Lake Waterfront Land
For Sale
$175,000

To Be Determine W 232nd Street, Faribault, MN 55021

LAND - Faribault, MN

Property SizeContact for details
Lot Size1.70 Acres
Days on Market94

Property Features for To Be Determine W 232nd Street

General Information

Property type Land
Property subtype Other
Lot features Accessible Shoreline
Elementary school district Faribault #656
Middle school district Faribault #656
High school district Faribault #656
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.
Subdivision FARIBAULT
Standard status Active
APN 1418151009
Lot size 1.70 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description LOT 9 BLOCK 1 OF BIRKLAND 4TH ADD
Tax Annual Amount 592
Legal Description LOT 9 BLOCK 1 OF BIRKLAND 4TH ADD

Utilities

Water front features Lake
Water front 1
Listing Agency: eXp Realty
Listed By: Jennifer Fielding · License #40416607
Added: May 22 Changed: May 26 Last Checked: Aug 23 at 8:06AM
MLS# 7040383

Copyright © 2026 Realtor Association of Southern Minnesota. 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 1.7-acre buildable lot offers 125 feet of shoreline on Cannon Lake, presenting an opportunity to build a lake home. The property allows for the creation of a private lakefront retreat with water views and peaceful surroundings. The site is suitable for outdoor entertaining areas, additional storage, and recreational amenities. Located near Faribault, it provides access to the Twin Cities corridor. The property is located on W 232nd Street, Faribault, MN 55021, in Rice County.

Key Highlights

  • 1.7‑acre buildable lot with 125 feet of shoreline on Cannon Lake
  • Breathtaking water views and incredible sunsets
  • Year‑round recreation including boating and fishing

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
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Frequently Asked Questions

What type of property is this?
Waterfront Land - 1.7-acre lot with 125 feet of shoreline on Cannon Lake.
Where is this waterfront land located?
The property is located at To Be Determine W 232nd Street 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: 1.7‑acre buildable lot with **125 feet of shoreline on Cannon Lake**; Breathtaking water views and incredible sunsets; Year‑round recreation including boating and fishing
More about this property
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