Open House 10/17 9am - 10:30am
5414 Elkton Trail
Faribault, MN, 55021 $ 414,900
Bedrooms2 Baths2.0 Sq 2,240 Monthly Estimate*
$ 2,866
for $414,900 with 2 bedrooms and 2 full baths. This 2,240 square foot home was built in 1974 on a lot size of 0.686.
Experience peaceful lake living with beautiful views, amazing landscaping, and deeded access to Cannon Lake. Nestled on a picturesque .56-acre lot surrounded by mature trees and lush perennial gardens, this beautifully maintained home offers over 2,200 finished square feet designed for both comfortable everyday living and effortless entertaining. The bright, open-concept main level is filled with natural light from expansive windows that showcase the surrounding beauty. The spacious kitchen features abundant cabinetry, generous counter space, a large center island with seating, and flows seamlessly into the dining and living areas. Just beyond, the inviting sunroom offers the perfect place to relax with your morning coffee or unwind after a day on the lake. The spacious primary bedroom serves as a private retreat with beautiful views, an incredible walk-in closet, and a custom built-in office and workstation complete with extensive cabinetry, shelving, and storage. The finished walkout lower level provides exceptional additional living space with a cozy family room highlighted by rustic wood accent walls, a sit-up bar area perfect for entertaining, a second bedroom and bathroom, and an attached office/bonus room ideal for hobbies or working from home. An additional storage area adds even more functionality. Outdoor enthusiasts will appreciate being just two blocks from the Sakatah Singing Hills State Trail, offering miles of scenic biking and walking trails stretching from Faribault to Mankato. Whether you're enjoying a quiet evening overlooking the lake, hosting family and friends, or exploring the nearby trails, this exceptional property offers the perfect blend of serenity, recreation, and modern comfort. Don't miss your opportunity to own this move-in-ready home with deeded Cannon Lake access and a setting you'll love coming home to.
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Open House
10/17/2026 9:00 AM - 10:30 AM
5414 Elkton Trail Faribault, MN
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralLiving Area 2240
Sewer Septic System Compliant - Yes
Heating Forced Air
Cooling Central Air
Roof Age Over 8 Years
Appliances Dishwasher Dryer Microwave Range Refrigerator Water Softener Owned
HOA Fee 0
Garage Spaces 2
Construction Materials Block
Year Built 1974
Levels One
Property Subtype Single Family
Tax Year 2026
Waterfront Features Deeded Access
Accessibility Grab Bars In Bathroom Stair Chair Lift
County Rice
New Construction N
Property Type Residential
HOA N
Contingency None
Subdivision Name Witte Add Sub
Full Baths 1
Directions From Faribault follow Hwy 60 West take right onto Elkton Trail.
City Faribault
High School District Faribault
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 2746
Additional Parcels Y/N N
Virtual Tour https://focused-media.aryeo.com/videos/019e9434-dd9c-705a-ae14-ec4e4af44892
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) Hardwood Floors Kitchen Center Island Kitchen Window Primary Bedroom Walk-In Closet Patio Porch Security Lights Sun Room Washer/Dryer Hookup
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InteriorBasement Finished
Total Fireplaces 1
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 1336
Half Baths 0
1/4 Baths 0
3/4 Baths 1
Laundry Features Lower Level
Total Bedrooms 2
Below Grade Finished Area 904
Total Baths 2
Dining Room Description Eat In Kitchen Kitchen/Dining Room
Fuel Natural Gas
Garage Dimensions 24x30
Garage Square Feet 720
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ExteriorFencing None
Parking Features Detached Garage
Lot Features Corner Lot Tree Coverage - Medium
Water Source Private Well
Lot Size Area 0.686
Building Area Total 2240
Lot Dimensions 29 919
Waterfront Y/N N
Foundation Area 1336
Road Frontage Type Township
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* Excluded FeaturesList Byrebecca@lipperthomes.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,866
- Monthly Property Taxes
- $229
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Faribault, MN
Average List Price $425,035
Percent of Sale Price 2%
About Faribault, MN 24,571 Population
16% Since 2002
$ 51,554 Median Income
37.15 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
709225 Elementary School
708958 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/12/2026 | $414,900 | -1.19% | Price Down |
| 9/20/2026 | $419,900 | -2.33% | Price Down |
| 8/24/2026 | $429,900 | -1.17% | Price Down |
| 7/23/2026 | $435,000 | -1.11% | Price Down |
| 6/26/2026 | $439,900 | -2.22% | Price Down |
| 6/5/2026 | $449,900 | | Listed Price |