$610,000

4870 Cannon Lake Trl Faribault, MN 55021

$7,244
Closing credit¹
4 beds
1 full, 1 partial
2,308 sqft
$264 / sqft
House

Property details

About 4870 Cannon Lake Trl

Discover a rare opportunity to own a meticulously updated lakefront property on the serene shores of Cannon Lake. Spanning over half an acre, this exceptional residence boasts 100 feet of private lakeshore, offering unparalleled privacy, breathtaking views, and a seamless blend of modern amenities and natural beauty. From the moment you arrive, you'll be captivated by the home's impeccable condition and thoughtful design. The open-concept kitchen, dining, and living area creates a welcoming atmosphere, perfect for both intimate gatherings and grand entertaining. Expansive windows frame stunning vistas of your private lakeshore, bringing the tranquility of the outdoors inside. The heart of this home is undoubtedly the completely remodeled kitchen. Granite countertops gleam under recessed lighting, complementing the stainless steel appliances and custom cabinetry. A spacious center island provides ample workspace and a natural gathering point for family and friends. The main level primary bedroom is a true retreat, offering direct lake views that invite you to wake up to the beauty of the water. An ensuite bathroom features a double vanity and a modern design, providing a spa-like experience. The walk-out lower level expands your living space, offering excellent entertaining options. The large family room is perfect for movie nights, game days, or simply relaxing. Step outside onto your maintenance-free deck or patio and immerse yourself in the joys of lake life. The expansive yard provides endless space for outdoor activities, from lawn games to summer barbecues. A private boat launch on-site makes it easy to get out on the water, while a dock with a boat lift ensures your watercraft is always ready for adventure. Beyond the home's interior and outdoor amenities, this property also boasts a massive 2-car garage, providing ample storage for vehicles, water toys, and more.? Conveniently located just 30 minutes from the Twin Cities, this property offers the perfect balance of privacy and accessibility. Whether you're seeking a primary residence or a lakeside cabin, this is an opportunity you won't want to miss. Imagine spending your weekends boating, fishing, swimming, or simply relaxing by the water, all within easy reach of the city's amenities. This piece of paradise is truly one-of-a-kind. The combination of a meticulously updated home, a sprawling lakefront lot, and a convenient location is a true Lakefront Dream Home.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusSale Pending
(Active)
CoolingCentral Air
Size2,308 sqft
BasementYes
Year built1968
ParkingDetached, Gravel, Garage Door Opener
MLS #6684961
Garage2 spaces
WaterfrontLake Front
ViewLake, Panoramic

Summary

  • MLS Number: 6684961
  • MLS Name: NORTHSTAR
  • Office Name: Keller Williams Preferred Rlty

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drone / aerial view featuring a water view

$610,000

4870 Cannon Lake Trl

$7,244

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Sep 11, 2017
Home Sold
$285,000

Tax history

YearAssessmentProperty Tax
2024$374,700$2,708
2023$374,700$2,208
2022$323,800$2,326
2021$291,000$2,208
2019$233,100$1,916
2018$226,200$1,866
2017$180,900$1,550

History based on county public records data.

Nearby schools

3

Jefferson Elementary School

Public District KG-5

3.6 mi

922 Home Pl

5

Lincoln Elementary School

Public District KG-5

3.8 mi

510 Lincoln Ave NW

6

Morristown Elementary School

Public District 5-6

5.5 mi

23 Ann St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $75,000. The majority of Faribault, MN residents have income between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

16%
<35k
54%
35k-100k
27%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

26%
Single, No Kids
7%
Single, with Kids
46%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
9%
12-17 yrs old
13%
18-34 yrs old
49%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Figure SkatingFigure Skating
  • NASCARNASCAR

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • Hardee'sHardee's

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • RamRam

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

Frequently asked questions

About 4870 Cannon Lake Trl

This home is located at 4870 Cannon Lake Trl in Faribault, MN and zip code 55021. This 2,308 square foot home was built in 1968. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 9, 2025 and is currently priced at $610,000.

In March 2025, from all listings sold in Faribault, MN there were more than 5 sold above asking price, over 8 sold below and more than 5 were sold right at the asked price. Between February and March 2025, Faribault, MN real estate market has seen increase in the number of listings by 13.5%. While the average time on the market in March 2025 was 46 days, the median list price was $315,000.

From Rocket Homes Real Estate and based on county public records data.

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