Courtesy: Weichert, REALTORS- Heartland
507-334-2173
Breathtaking acreage on the north side of Circle Lake! This exceptional property offers rolling terrain, stunning elevations, and panoramic southwest and southeast views—providing the perfect setting for your dream home or private estate. The groundwork has already been completed, with a 200-amp, single-phase, 240-volt service panel, a well ready for use, an Iowa hydrant installed, and a soil test completed by Nerstrand Excavating. Drain tiled as a bonus! Convenient access to I-35 and an easy commute to the Twin Cities. Whether you're looking to build now or invest in future possibilities, this property offers endless potential in a highly desirable location.
Courtesy: eXp Realty
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 areaâ??s most desirable lakes.
Courtesy: eXp Realty
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 areaâ??s most desirable lakes.
Courtesy: eXp Realty
612-751-9303
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.
Courtesy: eXp Realty
612-751-9303
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.
Courtesy: Weichert, REALTORS- Heartland
507-334-2173
Beautiful opportunity to own 105 feet of shoreline on highly sought-after Shields Lake in Rice County. This level lot offers stunning sunset views and the perfect setting for your future lake home or getaway retreat. Enjoy boating, fishing, swimming, hunting, and snowmobiling all from one location. Open builder lot with electricity already available and connected. Peaceful lakeside living while still being conveniently located just minutes from Faribault and approximately 1 hour from the Twin Cities metro. Rare chance to build on one of the area's premier recreational lakes.
Courtesy: Re/Max Advantage Plus
651-272-4688
HIGH VISIBILITY + PRODUCTIVE FARMLAND! Rare opportunity to own approximately 40 acres just off Hwy 21/Bagley Ave on the edge of Faribault offering a strong mix of income potential, usability, and future flexibility. This parcel features productive tillable acreage with an impressive 76 CPI along with open pasture ground ideal for livestock, hobby farming, or future agricultural use. Existing improvements include a 25x80 open front pole building built in 2003, 36x60 steel building built in 1975, and a classic 27x55 barn dating back to 1900—providing excellent storage and versatility for equipment, livestock, or workshop space. Convenient access from Becker Trail with easy connectivity to Hwy 21 and I-35. City sewer is on the west side of CR46 and city water runs on the east side of CR46 for future hookup. Looking for more space? An additional 9 acres including a 3500 sq ft one story home and several more outbuildings is also available for purchase (see listing at 2312 Becker Trail), creating the opportunity for an expanded homestead, business operation, or multi-generational setup. Properties with this location, acreage quality, and flexibility rarely become available!
Courtesy: Edina Realty, Inc.
507-334-1695
THE TWO VACANT LOTS ARE TO BE SOLD AT THE SAME TIME AS THE 4454 MORRISTOWN BLVD PROPERTY SELLS. The possibilities are endless for the combination sale. Warehouse can be renovated into a barndominium/storage/indoor sports, marina, watercraft sales/business. The lots offer a nearly impossible find for desirable Lake Shore. Spectacular location for new construction, NW panoramic view of Cannon. The lake is active the entire year, with water & ice sport. Wind surfing! Seaplanes touch and goes. Water fowl aplenty! Truly beautiful. The 2 lots create 1.57 acres of fenced land, to create septic area and a private space with a total of 300 ft of shoreline with the adjoining lot.
Courtesy: Weichert, REALTORS- Heartland
507-334-2173
Discover the perfect canvas for your dream home on this picturesque 2-acre lot nestled in the serene countryside. With all utilities readily available, including water, electricity, and sewer, the possibilities are endless. Enjoy the freedom to choose your own builder and bring your vision to life in this tranquil setting. Whether you envision a sprawling estate or a cozy retreat, this expansive lot offers the space and versatility to create the home you've always desired. Don't miss this rare opportunity to embrace rural living at its finest.
Courtesy: Savvy Avenue, LLC
888-490-1268
Courtesy: RE/MAX Experts
507-332-2282
Build your dream home and Shed on this beautiful lot in the country. Community water and sewer collection system already to property. Driveway and House Pad with Gravel past fall. $20k+ in fillwork. Possible walkout.
Courtesy: Re/Max Advantage Plus
651-272-4688
Premier development opportunity in a high-growth Faribault location! This 2.6 acre (110,947 SF) commercial site offers outstanding visibility and access in a rapidly expanding corridor. Zoned Commercial/Industrial/Public Utility, the property provides flexibility for a wide range of uses including retail, medical, office, service, or light industrial. Surrounded by established businesses and supported by strong daily traffic counts, this location benefits from quick and convenient access to Interstate 35, delivering excellent connectivity to the Twin Cities and Southern Minnesota. Nearby medical services and long-term care facilities create consistent traffic and demand, making this an exceptional fit for healthcare-related users or service-based businesses. Level, buildable land with strong exposure—ideal for a larger footprint project, multi-tenant development, or flagship location. Opportunities of this size and positioning are limited—secure your spot in one of Faribault’s most active commercial areas.
Courtesy: Re/Max Advantage Plus
651-272-4688
High-visibility commercial opportunity in one of Faribault’s fastest-growing corridors! This 0.8 acre (34,563 SF) site at offers prime positioning for retail, office, service, or light industrial development. Zoned Commercial/Industrial/Public Utility, this flexible parcel is surrounded by established businesses and benefits from strong traffic flow with quick access to Interstate 35—connecting you directly to the Twin Cities and the broader Southern Minnesota market. Located near established medical services and long-term care facilities, this site is especially well-suited for medical, dental, clinic, or professional office users looking to serve a consistent and growing patient base. Flat, usable land with excellent exposure makes this an ideal location for a drive-thru concept, franchise, or owner-user looking to capture daily traffic counts. Opportunities like this in Faribault’s expanding commercial area are limited—position your business where the growth is happening. Offered at $8.50/SF
Courtesy: RES Realty
952-898-5760
Beautiful 1.6-acre property featuring a scenic pond, located on a paved road. Includes a shared well and septic, with electricity ready for connection. Just half a mile from Cedar Lake and only minutes from several nearby lakes. Driveway permit has been obtained, survey has been conducted, septic drawing/layout prepared and much more for the next buyer. There are a few completed house plans if so desired. Builder familiar with this lot and available to provide guidance, design ideas, layout options, and general budgeting. Great opportunity to plan and build a home tailored specifically to this property. Pictures coming soon.
Courtesy: Fitzke Real Estate
612-483-0475
Parkland Village is a quiet community that has a rural feel but is still part of the city. It has good highway access and is good for commuters to I-35. Quiet corner lot that has a walking trail that leads to a park. Parkland Village has Architectural Standards to maintain the aesthetics of the neighborhood. Other lots are available.
Courtesy: Fitzke Real Estate
612-483-0475
Parkland Village is a quiet community that has a rural feel but is still part of the city. It has easy highway access and good for commuters to I-35. Split Entry Walk-out lot, or Full basement lookout lot. Parkland Village has Architectural Standards to maintain the aesthetics of the neighborhood. Other lots available.
Courtesy: Weichert, REALTORS- Heartland
507-334-2173
Fantastic opportunity to build, in a great central location just off Lyndale Avenue. Bring your own builder and let them make your dreams a reality!
Courtesy: Weichert, REALTORS- Heartland
507-334-2173
An exceptional opportunity awaits on the south end of Faribault with this expansive 74-acre parcel ideally positioned near a church and private school, offering both peaceful surroundings and future growth potential. With sweeping open views and stunning sunrises and sunsets stretching across the horizon, this property delivers the perfect blend of natural beauty and strategic location. Whether you’re seeking productive farmland, a long-term investment, or a prime development site, this acreage offers remarkable versatility. Preliminary development plans have already been initiated with the City of Faribault, providing a strong foundation for future residential or mixed-use possibilities (subject to city approvals). Conveniently located just minutes from town amenities while maintaining a serene, country feel, this property presents a rare chance to secure a substantial tract of land in an area poised for continued expansion. Opportunities of this size, location, and potential are seldom available — explore the possibilities today.
Courtesy: Kubes Realty Inc
952-445-9110
Own an acre of land on the highly sought-after Shields Lake which is well known for its Walleye, Perch, Pike and Bass fishing, Crappie & Bluegill too. This lot offers the ideal setting to build your dream home or lake retreat while enjoying all the benefits of Minnesota lake living. Bring your builder & your vision, the time is now to live the lake life you’ve been dreaming of!
Courtesy: Revival Commercial Real Estate
612-440-9775
Prime development parcel in a high-visibility Faribault location. This 3.9 acre site sits directly along I-35 with exceptional frontage exposure and easy access via Lyndale Avenue. Zoned C-2 Highway Commercial, the property supports a wide range of commercial uses and already benefits from adjacency to established multifamily, office, and service businesses. The lot features flexible topography, multiple potential building areas, and scenic views overlooking a natural pond/wetland along the eastern boundary. Utilities are available in the street, and the site configuration allows for efficient circulation, parking layouts, and phased development. An excellent opportunity for an investor, owner-user, medical/office developer, hospitality concept, or mixed-use commercial project seeking visibility, access, and strong traffic counts.
Courtesy: Summit Realty LLC
612-708-2631
Courtesy: Edina Realty, Inc.
507-334-1695
What a fantastic opportunity this property presents! Situated on 6.4 acres of versatile land, this parcel offers a wide range of possibilities for future development or personal use. Currently zoned TUD, the property provides flexibility for a variety of potential projects. Whether you're envisioning a private retreat to build your dream home, considering the development of multi-family housing, or planning an agricultural or business venture, this land has the space and zoning to support your vision. With its expansive layout and adaptable potential, it's a rare find with countless opportunities to explore. Don't miss your chance to bring your ideas to life on this exceptional piece of land.
Courtesy: Edina Realty, Inc.
507-334-1695
Rare Development Opportunity – 95 Acres of Prime Land in Faribault. Uncover the potential of this exceptional 95-acre parcel perfectly positioned for development. Ideally located at the intersection of Interstate I-35, Lyndale Avenue (Highway 21), and Bagley Avenue, this property offers unparalleled visibility, access, and strategic value. With direct adjacency to Maple Lawn Park and already annexed into the city limits of Faribault, this land is development-ready with municipal services nearby. Zoned for future growth and surrounded by established infrastructure, this site is ideal for a variety of uses including residential neighborhoods, mixed-use development, commercial enterprises, or light industrial projects (subject to zoning and approvals). Proximity to major transportation corridors ensures high traffic exposure and ease of logistics, making it a compelling investment for forward-thinking developers. Don’t miss this unique opportunity to secure a large, contiguous tract of land in one of southern Minnesota’s fastest-growing communities. Property Identification Number 18.01.2.25.001 this parcel is zoned TUD or Transitional Urban Development District, and per Rice County is 91.40 acres. 18.36.3.75.004 is zoned R-2 and per Rice County is 3.60 acres. TUD is a flexible zoning allows for multiple potential development opportunities.
Courtesy: Help-U-Sell Heritage Real Est.
507-451-6000
Beautiful 6.24 acre buildable lot availble now! Located right across the road from Grandma's Lakeside Resort near French Lake. Lot has been surveyed and septic design has been completed. Build your own paradise right near the lake! Schedule your showing today!
Courtesy: RE/MAX Advantage Plus
507-301-0600
Edge of property is along Kelly Lake, possible development, can be subdivided
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. 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. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2026, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
The data on this web site comes in part from the REALTOR® Association of Southern Minnesota. The listings presented on behalf of the REALTOR® Association of Southern Minnesota may come from many different brokers but are not necessarily all listings of the REALTOR® Association of Southern Minnesota are visible on this site. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or selling. Information is believed to be reliable, but not guaranteed. Copyright ©2026 REALTOR® Association of Southern Minnesota. All rights reserved.
Faribault is located in Minnesota. Faribault, Minnesota has a population of 24,310. Faribault is less family-centric than the surrounding county with 28.01% of the households containing married families with children. The county average for households married with children is 31.62%.
The median household income in Faribault, Minnesota is $55,229. The median household income for the surrounding county is $71,384 compared to the national median of $69,021. The median age of people living in Faribault is 38.3 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 4.2 degrees. The average rainfall is approximately 33.8 inches per year, with 45.3 inches of snow per year.
