$1,200,000
SOLD OCT 1, 2025

0 06 15 3 51 001 Island of Circle Lake Unit 7035573 Faribault, MN 55021

100 Acres
$12,000 Price per Acre
4,356,000 Sq Ft Lot

Recently Sold

48% Below List Price

359 Days on Market

Highlights

  • 10,600 Feet of Waterfront
  • Beach Access
  • Landscaped with Trees
  • Bridgewater Elementary School Rated A
  • 100 Acre Lot
  • Level Lot

About This Lot

As of October 2025

Incredible opportunity to own over 100 acre island on Circle Lake with an estimated 10,600 ft of shore line, just 41 miles South of the Twin Cities. The island has been platted for 249 lots and is understood to have had an operating golf course in 1924. Imagine the oasis you can create: a private, tranquil, retreat for yourself, or others. Ideal for the independent and adventurous lifestyle. Deer, eagles, and morel mushrooms have all been sited on Island. Circle lake is 838 acres. The MN DNR Fisheries Lake Survey information describes Circle Lake as a good fishery for panfish, Northern Pike, and Walleye. The majority of the island is in Faribault’s postal district, and a portion of the west side is in Lonsdale’s. Access via public landing at: 4838 Circle Lake Trail, and a private easement on the east side of the lake. *Electricity available.

Last Agent to Sell the Property

Rebecca Thate

Re/Max Advantage Plus Mankato License #20422215 Listed on: 07/29/2024

Re/Max Advantage Plus Mankato

Last Buyer's Agent

Rebecca Thate

Re/Max Advantage Plus Mankato License #20422215 Listed on: 07/29/2024

Re/Max Advantage Plus Mankato

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,484

Lot Details

  • 100 Acre Lot
  • 10,600 Feet of Waterfront
  • Lake Front
  • Level Lot
  • Landscaped with Trees

Home Design

  • Fractional Ownership

Outdoor Features

  • Beach Access

Listing and Financial Details

  • Assessor Parcel Number 06.15.3.51.001, 06.16.4.76.001, 06.22.2.26.001

Property Details

Property Type

Land

Est. Annual Taxes

$2,484

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Classification: Nonhomestead
  • Sub Type: Recreational
  • Beach Type: Undevelopment
  • Dnr Lake Id Number: 66002700
  • Fraction Ownership: Yes
  • L V T Date: 07/31/2024
  • Parcel Number: 06.15.3.51.001, 06.16.4.76.001, 06.22.2.26.001
  • Estimated Number of Acres: 100
  • Additional Information: Platted, Survey
  • Development Status: Raw Land
  • Plat Recorded: Yes
  • Topography: Level, Sloped
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • LakeAcres: 838
  • Waterfront Name: Circle
  • Waterfront: Yes
  • Water Frontage: 10600
  • Waterfront Description: Lake

Lot Info

  • Lot/Land Description: Accessible Shoreline, Tree Coverage - Medium
  • Estimated Lot Dimensions: 100 Acres

Tax Info

  • Year: 2023
  • Tax Value: 2484

MLS Schools

  • School District: Northfield #659

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2025 10/01/25 Sold $1,200,000 -47.8% --
08/19/2025 08/19/25 For Sale $2,300,000 +91.7% --
02/24/2025 02/24/25 Off Market $1,200,000 -- --
07/29/2024 07/29/24 For Sale $2,300,000 -- --
Source: REALTOR® Association of Southern Minnesota

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rebecca Thate

    Seller's Agent in 2025

    Rebecca Thate

    RE/MAX

    (507) 553-6442

    257 Total Sales

    Rebecca Thate
    Section Image
See All Agents

Map

Source: REALTOR® Association of Southern Minnesota

MLS Number: 7035573

REALTOR® Association of Southern Minnesota
Minnesota Rice County Faribault 55021

0 06 15 3 51 001 Island of Circle Lake Unit 7035573, Faribault, MN

This home is located at 0 06 15 3 51 001 Island of Circle Lake Unit 7035573, Faribault, MN 55021 and is currently priced at $1,200,000. 0 06 15 3 51 001 Island of Circle Lake Unit 7035573 is a home located in Rice County with nearby schools including Bridgewater Elementary School, Northfield Middle School, and Northfield Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

REALTOR® Association of Southern Minnesota IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes