$600,000
PENDING $25K PRICE DROP

23040 Elgin Trail Faribault, MN 55021

Faribault Area

Estimated payment $3,514/month

Total Views 3,612
3 Beds
2.5 Baths
1,917 Sq Ft
$313 Price per Sq Ft

Highlights

  • Deeded Waterfront Access Rights
  • Heated Floors
  • Covered Patio or Porch
  • Lake View
  • No HOA
  • Stainless Steel Appliances

About This Home

Welcome to this stunning one-level living barndominium built in 2024, offering the perfect blend of modern comfort, functionality, and style. Pre-inspected, exceptionally clean, and move-in ready, this 3-bedroom, 3-bath home is designed for easy living and endless possibilities.
The spacious primary suite features a private 3/4 bath with a walk-in shower and a large walk-in closet. Two additional bedrooms, a dedicated office, and a full bathroom provide plenty of space for family, guests, or working from home. Convenient main-level laundry includes a full-size washer and dryer.
The open-concept kitchen is the heart of the home, featuring a large center island with sink and seating, stainless steel appliances, and seamless flow into the dining area with access to the backyard patio—perfect for entertaining or enjoying quiet evenings outdoors.
A standout feature of this property is the impressive 1,500-square-foot attached garage/shop, complete with a half bath and ample room for storage, hobbies, equipment, or projects. The garage is insulated and also includes in-floor heating so you can utilize that space year round! The garage also includes 220 volt outlets and footings for a future car lift. Durable engineered wood siding, closed spray foam insulation, a metal roof, and a welcoming covered front porch add both charm and low-maintenance appeal.
Enjoy deeded access to beautiful Cannon Lake, offering opportunities for recreation and relaxation just moments from your doorstep. Don't miss this rare opportunity to own a nearly new barndominium that combines comfortable living with exceptional workspace and lake access. This property includes a deeded easement for lake access to Cannon Lake (access purposes only), per the recorded legal description. The scope of permitted uses under this easement — including any possibility of dock installation or improvements to the lake access area — has not been independently verified by the seller. Buyers are strongly encouraged to consult with a real estate attorney to review the easement and determine what uses may be permitted. The seller will not be conducting any additional research, improvements, or modifications related to the easement or lake access prior to closing.

Listing Agent

Chad Skluzacek

Keller Williams Preferred Rlty Listed on: 06/04/2026

Keller Williams Preferred Rlty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,520

Year Built

  • Built in 2024

Lot Details

  • Lot Dimensions are 287.2x256.8x115x180.89

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Insulated Garage
  • Garage Door Opener

Home Design

  • Shop House
  • Slab Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,917 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Heated Floors
  • Lake Views

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Stainless Steel Appliances
  • The kitchen features windows

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deeded Waterfront Access Rights
  • Shared Waterfront
  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Radiant Heating System
  • 200+ Amp Service
  • Well
  • Drilled Well
  • Water Softener is Owned
  • Septic System

Community Details

  • No Home Owners Association
  • Witte Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1417126048

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,520

Year Built

Built in 2024

Lot Details

0.92 Acres

Parking

2

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family
  • Cooling System: Central Air
  • Outside Features: Engineered Wood
  • Garage Spaces: 2
  • Accessibility Features: None
  • Water Source: Drilled, Well
  • Year Built: 2024
  • Above Grade Finished Sq Ft: 1917
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • NST_SingleFamilySubType: Shouse (Shop + House)
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
  • Living Area: 1917
  • Fireplace: No
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Age 8 Years or Less, Metal
  • PoolFeatures: None
  • Fencing: None
  • Foundation Details: Slab
  • PatioPorchType: Covered, Front Porch, Patio

Garage/Parking

  • Parking Features: Attached Garage, Gravel, Concrete, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage

Utilities

  • Heating: Forced Air, In-Floor Heating, Radiant
  • Sewer: Septic System Compliant - Yes, Tank with Drainage Field
  • LaundryFeatures: Main Level
  • Electric: 200+ Amp Service
  • Fuel: Natural Gas

Condo/Co-op/Association

  • Association: No
  • Amenities Unit: Ceiling Fan(s), Kitchen Center Island, Kitchen Window, Primary Bedroom Walk-In Closet, Main Floor Primary Bedroom, Paneled Doors, Vaulted Ceiling(s), Washer/Dryer Hookup

Schools

  • Junior High Dist: Faribault
  • SchoolDistrictPhone: 5073336016

Lot Info

  • Waterfront YN: No
  • PropertyAttachedYN: No
  • Lot Size: 287.2x256.8x115x180.89
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Other
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Tax Info

  • Tax Year: 2026
  • Assessor Parcel Number: 1417126048
  • Tax Annual Amount: 2520
  • TaxWithAssessments: 2580

Multi Family

  • WaterfrontFeatures: Deeded Access, Lake View, Shared

Map

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/15/2026 07/15/26 Pending -- -- --
07/08/2026 07/08/26 Price Changed $600,000 -4.0% $313 / Sq Ft
06/04/2026 06/04/26 For Sale $625,000 -- $326 / Sq Ft
Source: NorthstarMLS

Source: NorthstarMLS

MLS Number: 7080704

NorthstarMLS

APN: 14.17.1.26.048

Your Personal Tour Guide

Ask me questions while you tour the home.