232nd St W, Faribault, MN 55021
Property image
Property image
FOR SALE
1.6 ACRES

$175,000

    232nd St W, Faribault, MN 55021

    Est. Mortgage $1,154/mo*
    Get Pre-Qualified

    Home Highlights

    Lot/Land
    1.6 acre lot

    Local Information

    • Map ViewExplore the area around 232nd St W.
    • Schools1 Elementary School1 Middle School1 High School
    • Shop & Eat
    -- mins to
    Commute Destination

    About this House

    Build your dream lake home on beautiful Cannon Lake! This exceptional 1.6-acre buildable lot offers 150 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.
    Last check for updates: about 18 hours ago
    Listing courtesy of Jennifer Fielding, (507) 390-1071
    eXp Realty
    Dan Nechville, (507) 456-8788
    Source: NorthstarMLS as distributed by MLS GRID, MLS#7079400

    Home Details for 232nd St W

    Active Status

    MLS Status: Active

    Interior Features

    Appliances & Utilities
    Utilities: Natural Gas Available, None Connected
    Gas & Electric
    No Electric on Property
    View
    Has a ViewView: Lake

    Exterior Features

    Frontage
    WaterfrontWaterfront: Lake FrontOn Waterfront
    Farm & Range
    Frontage Length: Water Frontage: 150
    Surface & Elevation
    Topography: Sloped, Walkout

    Days on Market

    Days on Market: 114

    Property Information

    Property Type / Style
    Property Type: LandProperty Subtype: Unimproved Land
    Building
    No Additional Parcels
    Property Information
    Included in Sale: NoneParcel Number: 1418151007

    Price & Status

    Price
    List Price: $175,000

    Location

    Direction & Address
    City: FaribaultCommunity: Birkland 4th Add
    School Information
    High School District: Faribault

    Agent Information

    Listing Agent
    Listing ID: 7079400

    Community

    Community Features: No

    HOA

    No HOAHOA Fee: No HOA Fee

    Lot Information

    Lot Area: 1.602 Acres

    Offer

    Contingencies: None

    Miscellaneous

    Mls Number: 7079400Water ViewWater View: Lake

    Additional Information

    No

    Around this home

    The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

    What Locals Say about Faribault

    At least 76 Trulia users voted on each feature.
    • 90 % Say yards are well-kept

    • 84 % Say car is needed

    • 83 % Say parking is easy

    • 82 % Say it's dog friendly

    • 71 % Say kids play outside

    • 68 % Say there are sidewalks

    • 60 % Say there's holiday spirit

    • 57 % Say it's quiet

    • 54 % Say neighbors are friendly

    • 54 % Say people would walk alone at night

    • 52 % Say streets are well-lit

    • 49 % Say they plan to stay for at least 5 years

    • 45 % Say it's walkable to restaurants

    • 44 % Say it's walkable to grocery stores

    • 38 % Say there's wildlife

    • 32 % Say there are community events

    Sourced by Trulia users. Learn more about our methodology.
    • Trulia User
      "Very safe neighborhood "
    • Ryan W.
      "bike or drive, around town. mostly I work from town and I like using the trail system. for bike riding and exercising "
    • Trulia User
      "There is a park and nature center near by to go with your family and is pet friendly too, we have bike trails all over town."
    • Cheyannefolman
      "It is not that fantastic of a neighbor but my family has been living on the same property for 40+ years. "
    • Dora L.
      "I lived in this neighborhood for about 10 years and is quiet so I like it and I have a park close by."
    • Smkroening
      "Great neighbors, no heavy traffic, pretty safe, small town feel but close to a big city, lots of bike trails, close to lots of lakes, it is where my husband is from."

    Market trends in Faribault

    Last updated August 2026
    Buyer'sMarketSeller'sMarket
    Avg. sale price
    $281K
    $2.65K
    MoM
    Sale-to-List Price
    99.5%
    Price per sq ft
    $150
    $3
    MoM
    Available listings
    127
    2
    MoM

    Home Value

    Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

    Comparable sales

    These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
    Address
    Distance
    Property Type
    Sold Price
    Sold Date
    Bed
    Bath
    Sqft
    3.14
    Lot/Land
    $84,999
    05/29/26
    -
    -
    3.09
    Lot/Land
    $66,000
    07/24/26
    -
    -
    4.49
    Lot/Land
    $135,000
    06/18/26
    -
    -
    5.14
    Lot/Land
    $58,000
    08/25/26
    -
    -
    5.71
    Lot/Land
    $15,000
    12/08/25
    -
    -
    5.51
    Lot/Land
    $231,000
    12/02/25
    -
    -
    5.94
    Lot/Land
    $45,000
    12/05/25
    -
    -
    6.67
    Lot/Land
    $699,900
    08/26/26
    -
    -
    6.80
    Lot/Land
    $375,000
    07/31/26
    -
    -
    7.42
    Lot/Land
    $80,000
    07/10/26
    -
    -

    Nearby home prices

    Get a sense of expected prices in the area by checking the value of nearby homes.
    Address
    Distance
    Price
    Bed
    Bath
    Sqft
    Status
    0.04
    $1,100,000
    4
    4
    5,149
    For Sale
    0.03
    $175,000
    -
    -
    -
    For Sale
    0.06
    $175,000
    -
    -
    -
    For Sale
    0.07
    $795,000
    4
    3
    3,374
    For Sale
    0.04
    $175,000
    -
    -
    -
    For Sale
    0.04
    $680,400
    5
    3.5
    4,035
    Off Market
    0.08
    $564,400
    5
    3
    2,857
    Off Market
    0.10
    -
    -
    -
    -
    Off Market
    0.14
    $102,000
    2
    2
    1,180
    For Sale
    0.18
    $250,000
    2
    1.5
    2,080
    Recently Sold
    0.21
    $281,900
    3
    2
    1,620
    Off Market

    Price and Tax history

    DateEventPrice
    May 22, 2026
    Source: NorthstarMLS as distributed by MLS GRID #7079400
    Listed For Sale
    $175,000

    LGBTQ Local Legal Protections

    Jennifer Fielding, eXp Realty
    Agent Phone: (507) 390-1071
    Based on information submitted to the MLS GRID as of 2026-09-13 00:48:17 PDT. 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. Some IDX listings have been excluded from this website. Click here for more information
    By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement

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    Frequently asked questions about 232nd St W

    • How big is 232nd St W?
      232nd St W in Faribault, MN is about 1.6 acres.
    • What is the price per acre for 232nd St W?
      232nd St W in Faribault, MN is listed at $175,000, or about $110K per acre.
    • What do residents say about Faribault?
      Residents describe Faribault, MN as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See homes for sale in Faribault, MN.
    • What are the closest schools to 232nd St W?
      The closest schools to 232nd St W in Faribault, MN are Faribault Middle School (rated 2/10), Faribault Senior High School (rated 4/10), Lincoln Elementary School (rated 6/10).
    232nd St W, Faribault, MN 55021 is a lot/land. This property is currently available for sale and was listed by NorthstarMLS as distributed by MLS GRID on May 22, 2026. The MLS # for this home is MLS# 7079400.