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$399,900  (list price)
$385,000
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Single Family:  1.5 Stories
3 br3 baBuilt 1973
2,610 sqft1.5 acres
Faribault schools
MLS# 5667933
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    Property Description

    Rare opportunity - spectacular 300 feet of lakefront property on the northwest side of Cedar Lake including a 3 bedroom, 3 bathroom home with panoramic views and three fireplaces. The lot includes sloped and level areas and a sheltered bay which allows the dock to stay in year-round. Very private, yet with easy access to the highway. Garage has a generous bonus room above, perfect for an office or studio. Additional shed for storing all the outdoor toys. Attractively priced, so any updates will mean instant equity. If you're looking for a year-round lake home or just a weekend retreat, this property is sure to please!

    Listing

    Contingency: None
    Price per sq ft: $153
    City: Faribault
    County: Rice
    State: MN
    Property Style: 1.5 Stories
    Zip Code: 55021

    Interior

    Living Area: 2,610 ft2
    Above Ground Living: 1,660 ft2
    Below Ground Living: 950 ft2
    Common Wall: No
    Fireplace Details:
    • Brick
    • Family Room
    • Gas
    • Living Room
    • Stone
    • Wood Burning
    Appliances Included:
    • Dishwasher
    • Disposal
    • Dryer
    • Electric Water Heater
    • Iron Filter
    • Microwave
    • Range
    • Refrigerator
    • Washer
    • Water Osmosis System
    • Water Softener Owned
    Basement Details:
    • Block
    • Walkout

    Exterior

    Garage Spaces: 2
    Air Conditioning: Window Unit(s)
    Heating System: Hot Water
    Foundation Size: 1,416 ft2
    Handicap Accessible: None
    Out Buildings: Pole Building, Storage Shed
    Unit Amenities:
    • Ceiling Fan(s)
    • Deck
    • Main Floor Master Bedroom
    • Panoramic View
    • Patio
    • Vaulted Ceiling(s)
    • Wet Bar
    Road Frontage: Township
    Exterior Material: Wood Siding
    Roof Details:
    • Age Over 8 Years
    • Rubber
    • Shake

    Rooms

    1/4 Baths: None
    Full Baths: 2
    Half Baths: 1
    3/4 Baths: None
    Bathroom Details:
    • Full Basement
    • Full Master
    • Main Floor 1/2 Bath
    • Main Floor Full Bath
    Dining/Kitchen:
    • Eat In Kitchen
    • Separate/Formal Dining Room
    Upper Level Size Sq Ft
    Bedroom 2  14 x 14  196 
    Main Level Size Sq Ft
    Living Room  19 x 23  437 
    Dining Room  14 x 14  196 
    Kitchen  14 x 14  196 
    Bedroom 1  12.5 x 21  252 
    Lower Level Size Sq Ft
    Family Room  14 x 22  308 
    Bedroom 3  11 x 13  143 
    Bar/Wet Bar Room  14 x 22  308 
    Laundry  7.5 x 10  70 
    Storage  14 x 19  266 

    Lake & Waterfront

    Lake / Waterfront:
    • Dock
    • Lake Front
    • Lake View
    Lake / Waterfront Name: Cedar
    DNR Lake ID#: 66005200
    Waterfront Slope: Gradual
    Lake Acres: 885
    Lake Depth: 42

    Lot

    Acres: 1.5
    Geolocation: 44.30688402, -93.43969397
    Lot Dimensions: 304 x 230 x 286 x 235
    Zoning:
    • Residential-Single Family
    • Shoreline
    Lot Description: Accessible Shoreline

    Schools

    School District: 656
    District Phone: 507-333-6016

    Financial & Taxes

    Tax Year: 2020
    Annual Taxes: $2,986
    Assessment Pending: No
    Taxes w/ Assessments: $3,026
    Association Fee: None

    Miscellaneous

    Fuel System:
    • Natural Gas
    • Propane
    Sewer System:
    • Private Sewer
    • Tank with Drainage Field
    Water System: Well

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    651-253-2144
    Jason & Kim Stone
    Branch Manager & Co-Branch Manager
    Fairway Mortgage    NMLS#1018649
    Jason Stone joined Fairway Independent Mortgage Corporation in October 2017, as a Producing Branch Manager with over 15 years of experience in the mortgage industry. Throughout his career, Jason has originated over $500,000,000 in residential loan volume and has helped several thousand customers with their home financing needs. Jason was named Minneapolis Magazine: Super Mortgage Professional in 2018-2023, Scotsman Guide: Top Mortgage Originator 2019-2022, and Minnesota Housing: Platinum Leander. He is also a retired volunteer firefighter for the city of Mendota Heights, MN which is one of the reasons he’s a Home for Heroes affiliate lender.

    Kim Stone joined Fairway Independent Mortgage Corporation in August 2021, as Co-Branch Manager and Loan Officer. Kim leverages her previous experience as a leader in the non-profit sector to provide care and support throughout each home financing transaction. She has a bachelor’s degree in Communication and Marketing from Minnesota State University, Mankato and a master’s degree in International Business from Nova Southeastern University in Ft Lauderdale, FL.

    Leveraging more than 20 years of combined industry experience, the Stone Mortgage Team of Fairway Independent Mortgage Corporation, considers customer service as a way of life. Not only are we dedicated to finding great rates for our customers, but we also offer some of the fastest turn times in the industry. We pride ourselves on being personable, knowledgeable, accessible and reliable. Financing a home is one of the biggest commitments you will ever make - let us help guide you throughout the entire loan process from application to closing and beyond.
    It would be our pleasure to assist you with your home purchase!

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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.