7284 205th St W Faribault, MN 55021
Estimated payment $3,831/month
Highlights
- Deeded Waterfront Access Rights
- Waterfront Community
- New Construction
- 100 Feet of Waterfront
- Dock Facilities
- 1 Fireplace
About This Home
LUXURY LAKE LIVING...NO WAITING, NO COMPROMISES! Why wait to build when you can move right now into this jaw-dropping, custom-designed twin home just steps from beautiful Cedar Lake? This 4-bedroom, 4-bath stunner combines all the upscale finishes and thoughtful design of a luxury new build without the stress, delays, or decision fatigue. Every inch is crafted for comfort, convenience, and pure wow-factor. From the moment you walk in, you’ll feel it: the effortless elegance of open-concept living, soaring ceilings, and premium touches around every corner. The gourmet kitchen is a showstopper, boasting a massive center island, gleaming stone countertops, and seamless flow into the spacious dining and living areas: perfect for entertaining or cozy nights by the fireplace. Love to host? You’ll adore the screened porch and oversized deck overlooking a lush yard, one that you don't even have to maintain! Ideal for summer BBQs, fall bonfires, or a quiet morning coffee in the sun. And tucked behind sleek custom cabinetry? A hidden walk-in pantry that keeps everything organized and your kitchen clutter-free. Every detail has been dialed up: designer trim, fireplace surround, porch accents, and oversized closets throughout. The fully finished lower level adds even more living space, perfect for guests, in-laws, or even a separate suite, with second laundry and a kitchen stub already in place. Outside, enjoy the ultimate lake lifestyle, without the hassle. Your home includes lawn care, snow removal, and access to a pristine shared lake lot with docks & opportunity to have a slip for your own boat, kayak racks, firepit area, and endless space to soak up the beauty of Cedar Lake. Whether you're entertaining friends, catching fish off the dock, or cruising into the sunset, this is resort-style living at its finest. Move-in ready. Maintenance-free. Masterfully built. This is more than a home...it’s your dream life waiting to begin. But act fast, homes like this don’t last. Schedule your private tour today and make Cedar Lake yours before someone else does!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $510
Year Built
- Built in 2025 | New Construction
Lot Details
- 3,746 Sq Ft Lot
- Lot Dimensions are 50x75
- 100 Feet of Waterfront
- Corner Lot
HOA Fees
- $63 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Heated Garage
- Insulated Garage
Home Design
- Property Attached
Interior Spaces
- 1-Story Property
- 1 Fireplace
Bedrooms and Bathrooms
- 4 Bedrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Drain
- Basement Window Egress
Outdoor Features
- Deeded Waterfront Access Rights
- Dock Facilities
Utilities
- Forced Air Heating and Cooling System
- 200+ Amp Service
- Shared Water Source
- Well
- Shared Septic
- Septic System
Listing and Financial Details
- Assessor Parcel Number 0936151017
Community Details
Overview
- Association fees include beach access, dock, lawn care, snow removal
- Gray's Landing Association, Phone Number (507) 384-7724
- Built by ERICK WARNER CONSTRUCTION INC
- Grays Lndg Cic 65 Subdivision
Recreation
- Waterfront Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $510 | $631,600 | $60,400 | $571,200 |
| 2024 | $510 | $46,900 | $46,900 | $0 |
| 2023 | $424 | $46,900 | $46,900 | $0 |
| 2022 | $286 | $44,700 | $44,700 | $0 |
| 2021 | $298 | $26,600 | $26,600 | $0 |
| 2020 | $226 | $26,600 | $26,600 | $0 |
| 2019 | $236 | $20,000 | $20,000 | $0 |
| 2018 | $0 | $20,000 | $20,000 | $0 |
| 2017 | $170 | $20,000 | $20,000 | $0 |
| 2016 | $178 | $16,500 | $16,500 | $0 |
| 2015 | $156 | $16,500 | $16,500 | $0 |
| 2014 | -- | $16,500 | $16,500 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Pending | -- | -- | -- |
| 07/17/2025 07/17/25 | Price Changed | $689,000 | -5.5% | $170 / Sq Ft |
| 06/20/2025 06/20/25 | Price Changed | $729,000 | -6.4% | $179 / Sq Ft |
| 04/10/2025 04/10/25 | For Sale | $779,000 | -- | $192 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $30,000 | -- | |
| Warranty Deed | $60,000 | On Site Title |
Source: NorthstarMLS
MLS Number: 6700709
APN: 09.36.1.51.017
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