For Sale: Faribault MLS# 7057706
Active
NEW!
$549,900
Condo/Townhome: Side x Side
2 br • 2 ba • Built 2005
2,625 sqft • 0.086 acres
Waterville-Elysian-Morris schools
MLS# 7057706
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Tucked away in a peaceful setting just off blacktop roads, this beautifully designed townhome offers the perfect blend of comfort, convenience, and lifestyle. Enjoy true one-level living with access to beautiful Cedar Lake, including the option for a boat slip, along with shared amenities such as a community garden and cozy fire pit area — creating the ideal balance of relaxation and recreation. Inside, the home is filled with natural light and features an inviting open-concept layout perfect for everyday living and entertaining. The spacious kitchen offers abundant cabinetry, generous prep space, and a large eat-at center island that naturally becomes the heart of the home. The adjoining living room showcases a stunning stone gas fireplace complemented by custom built-ins, creating a warm and welcoming focal point. Just beyond, the bright four-season porch offers panoramic views and walks out to a private deck — the perfect spot for morning coffee. The thoughtfully designed primary suite is a true retreat, featuring a large walk-in tile shower, jetted soaking tub, dual sinks, a separate toilet closet, and an incredible amount of built-in storage. The finished heated garage, abundant storage throughout the home, and underground dog fencing add even more functionality and convenience. The fully finished lower level expands your living space with a large family room, a wet bar area, and space already roughed in for a potential third bedroom complete with an egress window—offering flexibility for guests, hobbies, or future expansion. From lake life and entertaining spaces to thoughtful details and low-maintenance living, this property offers a rare opportunity to enjoy comfort, community, and convenience all in one exceptional home.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$549,900
Price per sq ft:
$209
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:
2
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"+
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 |
|---|---|---|
| Deck | 15.4 x 12.3 | 180 |
| Dining Room | 10 x 14 | 140 |
| Bedroom | 22 x 15 | 330 |
| Four Season Porch | 12 x 12 | 144 |
| Foyer | 18 x 17 | 306 |
| Kitchen | 18 x 12 | 216 |
| Laundry | 8.7 x 8.5 | 64 |
| Living Room | 17 x 14 | 238 |
| Bedroom 2 | 12 x 12 | 144 |
| Lower Level | Size | Sq Ft |
|---|---|---|
| Bar/Wet Bar Room | 15.8 x 15.9 | 225 |
| Family Room | 16 x 16 | 256 |
| Recreation Room | 16.7 x 15.6 | 240 |
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
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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.
Connect with Eric today to get started with your home purchase!
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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.