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For Sale:  Faribault MLS# 7115666

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Active NEW!
$534,900
/mo Edit
Condo/Townhome:  Side x Side
3 br • 2 ba • Built 2005
2,625 sqft • 0.086 acres
Waterville-Elysian-Morris schools
MLS# 7115666
763-576-8286
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    Property Description

    Enjoy the best of lake living without the upkeep! This beautifully designed one-level townhome offers Cedar Lake access, the opportunity for a boat slip, scenic lake views, and low-maintenance living—all in a peaceful setting just off paved roads. Thoughtfully designed with comfort and accessibility in mind, the home features wide hallways, oversized doorways, and a zero-threshold walk-in shower, making everyday living both easy and enjoyable. Shared community amenities, including a community garden and fire pit gathering area, create the perfect balance of relaxation and recreation. Inside, you'll find a bright, open-concept floor plan filled with natural light. The spacious kitchen offers abundant cabinetry, generous prep space, and a large center island that flows seamlessly into the inviting living room, where a stunning stone gas fireplace and custom built-ins create a warm focal point. Just beyond, the four-season porch captures beautiful lake views and opens to a private deck—an ideal place to enjoy your morning coffee or unwind at the end of the day. The spacious primary suite is a true retreat, featuring a zero-threshold tiled walk-in shower, jetted soaking tub, dual vanities, private water closet, and exceptional built-in storage. A finished heated garage, underground dog fencing, and plentiful storage throughout the home add everyday convenience. The fully finished lower level expands your living space with a large family room, wet bar, and an area already roughed in for a potential third bedroom with an egress window, providing flexibility for guests, hobbies, or future expansion. Offering the rare combination of lake access, optional boat slip, beautiful views, accessible one-level living, and low-maintenance townhome convenience, this exceptional property is more than a home—it's a lifestyle.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $534,900
    Price per sq ft: $204
    Property Type: Condo/Townhome
    City: Faribault
    Garage Spaces: 2
    County: Rice
    Year Built: 2005
    State: MN
    Property Style: Side x Side
    Zip Code: 55021
    Subdivision Name: Grays Lndg

    Interior

    Bedrooms: 3
    Bathrooms: 2
    Finished Area: 2,625 ft2
    Total Fireplaces: 1
    Living Area: 2,625 ft2
    Common Wall: Yes
    Appliances Included:
    • Dishwasher
    • Dryer
    • ENERGY STAR Qualified Appliances
    • Microwave
    • Range
    • Refrigerator
    • Stainless Steel Appliances
    • Washer
    • Water Softener Owned
    Fireplace Details:
    • Gas
    • Living Room
    • Stone
    Basement Details:
    • Block
    • Drainage System
    • Egress Window(s)
    • Finished
    • Full
    • Partially Finished
    • Storage Space
    • Sump Basket
    • Sump Pump

    Exterior

    Stories: One
    Garage Spaces: 2
    Garage Size: 650 ft2
    Air Conditioning: Central Air
    Foundation Size: 2,025 ft2
    Fencing: Privacy
    Handicap Accessible: Doors 36"+, Hallways 42"+, Roll-In Shower
    Road Responsibility: Association Maintained Road
    Heating System:
    • Fireplace(s)
    • Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • Concrete
    • Finished Garage
    • Heated Garage
    • Insulated Garage
    Unit Amenities:
    • Boat Slip
    • Ceiling Fan(s)
    • Dock
    • Kitchen Center Island
    • Kitchen Window
    • Main Floor Primary Bedroom
    • Natural Woodwork
    • Porch
    • Primary Bedroom Walk-In Closet
    • Tile Floors
    • Vaulted Ceiling(s)
    • Walk-In Closet
    • Washer/Dryer Hookup
    Exterior Material: Block
    Roof Details:
    • Age 8 Years or Less
    • Asphalt
    • Pitched

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: None
    3/4 Baths: 1
    Bathroom Details:
    • Bathroom Ensuite
    • Double Sink
    • Full Primary
    • His and Her Closets
    • Jetted Tub
    • Main Floor 3/4 Bath
    • Private Primary
    • Separate Tub & Shower
    • Walk-In Shower Stall
    Dining/Kitchen:
    • Eat In Kitchen
    • Kitchen/Dining Room
    • Living/Dining Room
    Laundry:
    • Laundry Room
    • Main Level
    • Sink
    • Washer Hookup
    Main Level Size Sq Ft
    Dining Room  13'11 x 10  130 
    Bedroom  22'3 x 15'10  330 
    Foyer  7'10 x 17'11  119 
    Kitchen  12'4 x 17'10  204 
    Living Room  17'10 x 13'11  221 
    Primary Bathroom  18'6 x 9'4  162 
    Bedroom 2  12'2 x 12  144 
    Sun Room  12 x 12'10  144 
    Lower Level Size Sq Ft
    Bar/Wet Bar Room  15'8 x 15'9  225 
    Family Room  16 x 15'9  240 
    Recreation Room  16'7 x 15'6  240 
    Bedroom 3  11 x 12  132 

    Lake & Waterfront

    Waterfront Present: N
    Waterfront View: Lake
    Waterfront:
    • Deeded Access
    • Shared

    Lot & Land

    Acres: 0.086
    Geolocation: 44.292787, -93.409472
    Lot Dimensions: 50 x 75
    Zoning: Residential-Single Family
    Lot Description:
    • Irregular Lot
    • Tree Coverage - Light

    Schools

    School District: 2143
    District Phone: 5072753115

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $3,914
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,974
    Association Fee Required: Yes
    Association Fee: $2,500
    Association Fee Frequency: Annually
    Association Fee Includes:
    • Dock
    • Lawn Care
    • Other
    • Sewer
    • Shared Amenities
    • Snow Removal
    • Water
    Association Company: Grays Landing Association
    Association Company Number: 5073847724

    Miscellaneous

    Fuel System: Propane
    Sewer System:
    • Septic System Compliant - Yes
    • Shared Septic
    Water System:
    • Shared System
    • Well

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    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of Weichert, REALTORS- Heartland.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.