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To Be Determined 232nd St W , Faribault, MN 55021

$175,000

Build your dream lake home on beautiful Cannon Lake! This exceptional 1.7-acre buildable lot offers 125 feet of shoreline and the perfect opportunity to create your own private lakefront retreat. Enjoy breathtaking water views, peaceful surroundings, abundant wildlife, incredible sunsets, and year-round recreation including boating and fishing. With ample space for your future home, outdoor entertaining areas, and additional storage or recreational amenities, this property offers the rare combination of privacy, space, and prime lake frontage. Conveniently located near Faribault with easy access to the Twin Cities corridor, this is an outstanding opportunity to enjoy luxury lake living on one of the area’s most desirable lakes.

Highlights

  • Land
  • 1.702 Acre Lot
  • Waterfront
  • 175 days on Market


  • Acres
    1.702
  • Lot Features
    Sloped, Waterfront
  • Water Front Features
    Lake Front
  • Water Front
    Yes
  • View
    Lake
  • Utilities
    Natural Gas Available, None

  • County
    Rice
  • City
    Faribault
  • Neighborhood
    Birkland 4th Add
  • Zip Code
    55021

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Frequently Asked Questions

How do I schedule a tour of To Be Determined 232nd St W?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to To Be Determined 232nd St W.

They know lands in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about To Be Determined 232nd St W?

Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $175,000. We can talk through recent upgrades, potential seller motivation, how this land compares to others in Faribault, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for To Be Determined 232nd St W?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for To Be Determined 232nd St W at around $1,045. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy To Be Determined 232nd St W?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Rice County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for To Be Determined 232nd St W?

In most cases, yes. Whether To Be Determined 232nd St W is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Faribault's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on To Be Determined 232nd St W?

We can handle that for you. Our preferred local agent specializes in lands in Faribault and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

How long has this property been on the market?

To Be Determined 232nd St W was listed on May 22, 2026, which means it's been on the market for 175 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What is the lot size of this property?

To Be Determined 232nd St W sits on a 1.7-acre lot, which is 74,052 square feet.

What are the property taxes for To Be Determined 232nd St W?

The most recent public record shows annual property taxes for To Be Determined 232nd St W were approximately $592. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is To Be Determined 232nd St W still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 13, 2026 at 02:27AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: November 13, 2026 at 02:27AM | Source: NorthstarMLS | MLS#: 7079376

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