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Faribault / Waterville Area Homes For Sale
Minnesota

Faribault / Waterville Area Homes For Sale
Minnesota

Faribault / Waterville Area, Minnesota

The Faribault / Waterville Area real estate market is a limited supply marketplace for lake property in Minnesota.

Faribault / Waterville Area Real Estate

Total Listings
53
Total Value
$22,350,300
Updated as of
11-26-2020

Faribault / Waterville Area, Minnesota

The Faribault / Waterville Area real estate market is a limited supply marketplace for lake property in Minnesota.

 

Faribault / Waterville Area Real Estate for Sale

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2811 Morristown Boulevard, Faribault, MN 55021 - Image 1
Waterfront

2811 Morristown Boulevard

$2,600,000

Acreage: 52.9

Status: Active

View Details »

Other Faribault Area Lakes, MN

15XXX Shieldsville Blvd, Faribault, MN 55021 - Image 1
Waterfront

15XXX Shieldsville Blvd

$1,400,000

Acreage: 73.6

Status: Active

View Details »

Other Faribault Area Lakes, MN

28601 Hub Drive, Madison Lake, MN 56063 - Image 1
New Listing
Waterfront

28601 Hub Drive

$1,250,000

Bedrooms: 5 |  Bathrooms: 5|  SF: 5741

Acreage: 0.99

Status: Active

View Details »

Other Faribault Area Lakes, MN

XXX Knotty Oak Lane, Morristown, MN 55052 - Image 1
Waterfront

XXX Knotty Oak Lane

$1,200,000

Acreage: 43

Status: Active

View Details »

Lower Sakatah Lake, MN

xxxx N Canby Avenue, Wells Twp, MN 55021 - Image 1

xxxx N Canby Avenue

$1,100,000

Acreage: 123

Status: Active

View Details »

Roberds Lake - Wells Twp, MN

18570 Shelby Court, Waterville, MN 56096 - Image 1
Waterfront

18570 Shelby Court

$879,900

Bedrooms: 4 |  Bathrooms: 3|  SF: 3340

Acreage: 5.5

Status: Active

View Details »

Tetonka Lake - Waterville Twp, MN

195xx Gonvick Avenue, Faribault, MN 55021 - Image 1

195xx Gonvick Avenue

$850,000

Bedrooms: 5 |  Bathrooms: 4|  SF: 3779

Acreage: 2.5

Status: Pending

View Details »

Cedar Lake - Faribault, MN

5565 232nd Street W, Faribault, MN 55021 - Image 1
Waterfront

5565 232nd Street W

$724,900

Bedrooms: 4 |  Bathrooms: 3|  SF: 4218

Acreage: 1.07

Status: Pending

View Details »

Cannon Lake - Faribault, MN

19594 Gonvick Avenue, Faribault, MN 55021 - Image 1

19594 Gonvick Avenue

$674,000

Bedrooms: 5 |  Bathrooms: 4|  SF: 3779

Acreage: 2.5

Status: Pending

View Details »

Cedar Lake - Faribault, MN

5540 Cannon Lake Court, Faribault, MN 55021 - Image 1
Waterfront

5540 Cannon Lake Court

$659,900

Bedrooms: 4 |  Bathrooms: 3|  SF: 3968

Acreage: 1.49

Status: Pending

View Details »

Cannon Lake - Faribault, MN

4675 180th Court W, Faribault, MN 55021 - Image 1
Waterfront

4675 180th Court W

$635,000

Bedrooms: 5 |  Bathrooms: 3|  SF: 3158

Acreage: 0.62

Status: Pending

View Details »

Roberds Lake - Wells Twp, MN

48941 N Shore Road, Waterville, MN 56096 - Image 1
Waterfront

48941 N Shore Road

$560,000

Bedrooms: 5 |  Bathrooms: 3|  SF: 3000

Acreage: 1.01

Status: Active

View Details »

Tetonka Lake - Waterville Twp, MN

12900 Culver Avenue, Faribault, MN 55021 - Image 1

12900 Culver Avenue

$549,000

Bedrooms: 5 |  Bathrooms: 4|  SF: 4767

Acreage: 1.49

Status: Active

View Details »

Other Faribault Area Lakes, MN

XXXSF Wells Lake Court, Faribault, MN 55021 - Image 1

XXXSF Wells Lake Court

$519,900

Bedrooms: 2 |  Bathrooms: 2|  SF: 1668

Acreage: 0.99

Status: Active

View Details »

Other Faribault Area Lakes, MN

30024 330th Street, Le Sueur, MN 56058 - Image 1
Waterfront

30024 330th Street

$499,900

Bedrooms: 4 |  Bathrooms: 3|  SF: 2474

Acreage: 20

Status: Active

View Details »

Other Faribault Area Lakes, MN

33046 Marie Lane, Saint Peter, MN 56082 - Image 1
New Listing
Waterfront

33046 Marie Lane

$485,000

Bedrooms: 3 |  Bathrooms: 4|  SF: 3099

Acreage: 1.69

Status: Active

View Details »

Other Faribault Area Lakes, MN

3900 Cedar Lake Boulevard, Faribault, MN 55021 - Image 1

3900 Cedar Lake Boulevard

$449,900

Bedrooms: 3 |  Bathrooms: 4|  SF: 3283

Acreage: 0.72

Status: Active

View Details »

Other Faribault Area Lakes, MN

15xxx Johnson Trail, Nerstrand, MN 55053 - Image 1
Waterfront

15xxx Johnson Trail

$429,900

Acreage: 31.78

Status: Active

View Details »

Other Faribault Area Lakes, MN

901 Clear Lake Drive, Waseca, MN 56093 - Image 1
New Listing
Waterfront

901 Clear Lake Drive

$424,900

Bedrooms: 5 |  Bathrooms: 6|  SF: 3992

Acreage: 0.35

Status: Active

View Details »

Other Faribault Area Lakes, MN

3711 Culver Trail, Faribault, MN 55021 - Image 1
New Listing
Waterfront

3711 Culver Trail

$409,900

Bedrooms: 3 |  Bathrooms: 2|  SF: 1957

Acreage: 0.4

Status: Active

View Details »

Other Faribault Area Lakes, MN


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About Faribault / Waterville Area

Faribault and Waterville Area, MN

Faribault, Minnesota is a city of about 30,000 residents and is a little less than an hour from downtown Minneapolis and St. Paul, just off Interstate 35. It is a convenient location for commuters to the Twin Cities who like the atmosphere of Southern Minnesota, or for those who just need to be somewhat close to the metro area.

Just over the Rice County line is the community of Waterville, lodged between the two major water bodies of Tetonka Lake and Sakatah Lake.

History

Before 1745, the Wahpekute band of Dakotah inhabited the land of Faribault, but the tribe was pushed south after many fights with the Ojibwe over territory.

The popular Alexander Faribault House was built in 1853 by Alexander himself, and it still stands in its original location today.

Waterville was incorporated as a city in 1898 and its name originates from Waterville, Maine.

Activities in Faribault and Waterville

Sakatah State Park is just out of town to the east of Waterville, and its location in the middle of the Sakatah State Trail - a paved bike trail running from Faribault to Mankato - makes it a perfect stopping off point for hungry and thirsty peddlers.

In Faribault, the Paradise Center of the Arts hosts many annual events and concerts throughout the year and its located right in the heart of downtown.

Twice a week in Waterville, SAIL (Stay Active and Independent for Life) holds hour-long exercises at no costs. This is a great way to socially interact with the people of Waterville, have fun, and stay active.

Kamp Dels in Waterville on the shores of Lake Sakatah provides boat rentals, swimming, fishing on site, a waterpark, and beautiful views of the lake.

Geography

Faribault sits in the south-central portion of Rice County, and just to its west is where you will find a reasonably large cluster of recreational lakes extending through Waterville and all the way over to Mankato. The largest of the lakes in Rice County is 1,600 acre Cannon Lake, only a couple miles out of town. From there the Cannon River flows through the north side of the community, and further east into the Mississippi River, which gives Faribault a variety of waterfront amenities within the city limits.

Generally, Southern Minnesota lakes are harder to come by than they are to the north and west of the Twin Cities. Other larger cities in the area such as Northfield, Owatonna and Waseca have a few lakes and various rivers near them, but the largest grouping is near Faribault and Waterville.

Experience Lake Life

You should be pleasantly surprised by the prices for waterfront properties here, as lakeshore real estate is typically quite reasonable on many of these lakes. There are still plenty of lake cabins mixed in with year-round homes throughout the area and a wide variety of waterfront settings to choose from. Contact us or one of our local real estate experts for more information on homes for sale in this Southern Minnesota region.

Sell Your Lake Home

Off Market Properties

Faribault / Waterville Area Information

State: Minnesota

Counties: Le Sueur County, Rice County

2811 Morristown Boulevard, Faribault, MN 55021 - Image 1
Waterfront

2811 Morristown Boulevard

$2,600,000

Acreage: 52.9

Status: Active

View Details »Other Faribault Area Lakes, MN
15XXX Shieldsville Blvd, Faribault, MN 55021 - Image 1
Waterfront

15XXX Shieldsville Blvd

$1,400,000

Acreage: 73.6

Status: Active

View Details »Other Faribault Area Lakes, MN
28601 Hub Drive, Madison Lake, MN 56063 - Image 1
New Listing
Waterfront

28601 Hub Drive

$1,250,000

Bedrooms: 5 |  Bathrooms: 5|  SF: 5741

Acreage: 0.99

Status: Active

View Details »Other Faribault Area Lakes, MN
XXX Knotty Oak Lane, Morristown, MN 55052 - Image 1
Waterfront

XXX Knotty Oak Lane

$1,200,000

Acreage: 43

Status: Active

View Details »Lower Sakatah Lake, MN
xxxx N Canby Avenue, Wells Twp, MN 55021 - Image 1

xxxx N Canby Avenue

$1,100,000

Acreage: 123

Status: Active

View Details »Roberds Lake - Wells Twp, MN
18570 Shelby Court, Waterville, MN 56096 - Image 1
Waterfront

18570 Shelby Court

$879,900

Bedrooms: 4 |  Bathrooms: 3|  SF: 3340

Acreage: 5.5

Status: Active

View Details »Tetonka Lake - Waterville Twp, MN
195xx Gonvick Avenue, Faribault, MN 55021 - Image 1

195xx Gonvick Avenue

$850,000

Bedrooms: 5 |  Bathrooms: 4|  SF: 3779

Acreage: 2.5

Status: Pending

View Details »Cedar Lake - Faribault, MN
5565 232nd Street W, Faribault, MN 55021 - Image 1
Waterfront

5565 232nd Street W

$724,900

Bedrooms: 4 |  Bathrooms: 3|  SF: 4218

Acreage: 1.07

Status: Pending

View Details »Cannon Lake - Faribault, MN
19594 Gonvick Avenue, Faribault, MN 55021 - Image 1

19594 Gonvick Avenue

$674,000

Bedrooms: 5 |  Bathrooms: 4|  SF: 3779

Acreage: 2.5

Status: Pending

View Details »Cedar Lake - Faribault, MN
5540 Cannon Lake Court, Faribault, MN 55021 - Image 1
Waterfront

5540 Cannon Lake Court

$659,900

Bedrooms: 4 |  Bathrooms: 3|  SF: 3968

Acreage: 1.49

Status: Pending

View Details »Cannon Lake - Faribault, MN
4675 180th Court W, Faribault, MN 55021 - Image 1
Waterfront

4675 180th Court W

$635,000

Bedrooms: 5 |  Bathrooms: 3|  SF: 3158

Acreage: 0.62

Status: Pending

View Details »Roberds Lake - Wells Twp, MN
48941 N Shore Road, Waterville, MN 56096 - Image 1
Waterfront

48941 N Shore Road

$560,000

Bedrooms: 5 |  Bathrooms: 3|  SF: 3000

Acreage: 1.01

Status: Active

View Details »Tetonka Lake - Waterville Twp, MN
12900 Culver Avenue, Faribault, MN 55021 - Image 1

12900 Culver Avenue

$549,000

Bedrooms: 5 |  Bathrooms: 4|  SF: 4767

Acreage: 1.49

Status: Active

View Details »Other Faribault Area Lakes, MN
XXXSF Wells Lake Court, Faribault, MN 55021 - Image 1

XXXSF Wells Lake Court

$519,900

Bedrooms: 2 |  Bathrooms: 2|  SF: 1668

Acreage: 0.99

Status: Active

View Details »Other Faribault Area Lakes, MN
30024 330th Street, Le Sueur, MN 56058 - Image 1
Waterfront

30024 330th Street

$499,900

Bedrooms: 4 |  Bathrooms: 3|  SF: 2474

Acreage: 20

Status: Active

View Details »Other Faribault Area Lakes, MN
33046 Marie Lane, Saint Peter, MN 56082 - Image 1
New Listing
Waterfront

33046 Marie Lane

$485,000

Bedrooms: 3 |  Bathrooms: 4|  SF: 3099

Acreage: 1.69

Status: Active

View Details »Other Faribault Area Lakes, MN
3900 Cedar Lake Boulevard, Faribault, MN 55021 - Image 1

3900 Cedar Lake Boulevard

$449,900

Bedrooms: 3 |  Bathrooms: 4|  SF: 3283

Acreage: 0.72

Status: Active

View Details »Other Faribault Area Lakes, MN
15xxx Johnson Trail, Nerstrand, MN 55053 - Image 1
Waterfront

15xxx Johnson Trail

$429,900

Acreage: 31.78

Status: Active

View Details »Other Faribault Area Lakes, MN
901 Clear Lake Drive, Waseca, MN 56093 - Image 1
New Listing
Waterfront

901 Clear Lake Drive

$424,900

Bedrooms: 5 |  Bathrooms: 6|  SF: 3992

Acreage: 0.35

Status: Active

View Details »Other Faribault Area Lakes, MN
3711 Culver Trail, Faribault, MN 55021 - Image 1
New Listing
Waterfront

3711 Culver Trail

$409,900

Bedrooms: 3 |  Bathrooms: 2|  SF: 1957

Acreage: 0.4

Status: Active

View Details »Other Faribault Area Lakes, MN

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About Faribault / Waterville Area

Faribault, Minnesota is a city of about 30,000 residents a little less than an hour from downtown Minneapolis and St. Paul, just off Interstate 35. It is a convenient location for commuters to the Twin Cities who like the atmosphere of Southern Minnesota, or for those who just need to be somewhat close to the metro area. You can find waterfront homes and cabins on the many lakes in the area, and also along the Cannon River.

Faribault sits in the south central portion of Rice County, and just to its west is where you will find a reasonably large cluster of recreational lakes extending through Waterville and all the way over to Mankato. The largest of the lakes in Rice County is 1,600 acre Cannon Lake, only a couple miles out of town. From there the Cannon River flows through the north side of the community, and further east into the Mississippi River, which gives Faribault a variety of waterfront amenities within the city limits.

Just over the Rice County line is the community of Waterville, lodged between the two major water bodies of Tetonka Lake and Sakatah Lake. Its lifestyle is very much tied to the surrounding waters, and its name suits it perfectly. At about 2,000 permanent residents, it is also an attractive destination for visitors. Sakatah State Park is just out of town to the east, and its location in the middle of the Sakatah State Trail - a paved bike trail running from Faribault to Mankato - makes it a perfect stopping off point for hungry and thirsty peddlers.

Generally, Southern Minnesota lakes are harder to come by than they are to the north and west of the Twin Cities. Other larger cities in the area such as Northfield, Owatonna and Waseca have a few lakes and various rivers near them, but the largest grouping is near Faribault and Waterville.

You should be pleasantly surprised by the prices for waterfront properties here, as lakeshore real estate is typically quite reasonable on many of these lakes. There are still plenty of lake cabins mixed in with year-round homes throughout the area, and a wide variety of waterfront settings to choose from. Contact us or one of our local real estate experts for more information on homes for sale in this Southern Minnesota region.

Faribault / Waterville Area Information

State: Minnesota

Counties: Le Sueur County, Rice County