3990 Cannon Lake Trail

Off Market

3990 Cannon Lake Trail

Faribault MN 55021

0.66 ac.

Single-Family

Last sold for $250,000

Susan M Jackson, last sold this property on 11 May 2026 after 44 days on market.

Overview

Rare opportunity to own a beautifully improved lakefront lot on Cannon Lake! Situated on .66 acres, this unique property offers stunning water views from both sides-imagine sunrise coffee and sunset evenings without ever leaving home. The heavy lifting is already done. A newly constructed 3 car garage ( built in 2021) sits above the flood plain, providing immediate utility and a solid start for your future build. The lot has variance approval from the city/county to rebuild on the existing footprint or smaller (34x62) for construction of a new home above the flood plain, and to make things even easier, the sale includes professionally designed house plans valued at $2,500. This property is equipped with an existing well and mound septic system, ready to be reconnected when you build. Whether you're dreaming of a year-round residence or a weekend retreat, the groundwork is in place to bring your vision to life. Enjoy lake living from day one with included dock, boat lift, picnic table, and two fire pits-perfect for entertaining, relaxing, and making the most of every season. If you've been waiting for the right lake lot without the usual headaches, this is it. Build your dream home and start living the lake life you've been planning.

Features

3 carspaces

3 garage spaces

0.66 ac. lot size

Single-Family

Estimated Value

Based on this property and similar single-family properties sold in Faribault over the last 12 months, the estimated median property value of 3990 Cannon Lake Trail is $309k.

Median value

$309k

Estimated value range

$45k - $1.1m

Median days on market

Estimated value trend

-8%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Faribault. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3990 Cannon Lake Trail

2026

Sold

$250,000

11 May 2026 by Susan M Jackson, of RE/MAX Results

2017

Sold

$240,925

22 Jun 2017 by Tim Strobel, of D & L Real Estate, Inc.

Happy sellers in Faribault

<50%

Less than 50% of sellers in Faribault reported that their sale price either exceeded or met their price expectations.

Faribault stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Faribault over the last 12 months.

Local market activity for single-family properties in Faribault

In the last 12 months, 286 single-family properties similar to 3990 Cannon Lake Trail, have been sold.

This represents a 3% decrease in single-family properties sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Faribault for a market analysis.

Michelle Jasinski

at Weichert, REALTORS- Heartland

(12 reviews)

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David Bauer

at REMAX Advantage Plus | Faribault

(24 reviews)

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Shara Schmidt

at eXp Realty

(13 reviews)

Get a market analysis

Dave & Jenny Campbell

at Weichert, REALTORS- Heartland

(10 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Faribault

Michelle Jasinski

Michelle Jasinski is an award winning recommended agent for Faribault. They have 21 local sales and collected 7 local reviews across the last 12 months.