8992 Shields Lake Path Faribault, MN 55021
Estimated payment $2,211/month
Total Views
982
3
Beds
1.5
Baths
1,328
Sq Ft
$271
Price per Sq Ft
About This Home
Peaceful Acreage, Stunning Views & Deeded Lake Access—A Rare Opportunity! Nestled on over an acre of land with serene lake views this beautifully updated home is a rare find. Whether you envision building your dream shop, expanding your garden, or simply enjoying wide-open space, this property offers endless potential. A spacious 12x28 storage shed is included in the sale—perfect for extra storage, hobbies, or a future workshop. The three-season room is shining with charm with views at every angle feeling like you are perched in nature. Over the last five years, nearly every major component has been thoughtfully upgraded for comfort and peace of mind. The kitchen features soft-close cabinetry, updated countertops, and modern appliances. The main-level bathroom has been fully remodeled with a walk-in shower, new toilet, sink, fixtures, and vanity. A large newer picture window in the living room fills the space with natural light and frames scenic views of the an 88-acre State Wildlife Management Area and wildlife beyond. Enjoy efficient and reliable utilities with a newer boiler, mini-split system with two air handlers, and a gas water heater. The home also features a newer well pump, new in the last few years poured cement driveway, a newer cement floor in the attached two-car garage, and a stylish paver patio perfect for relaxing outdoors. The durable steel siding offers long-term value and low maintenance. The full walkout basement with a daylight window is ready to be finished, offering plenty of space to add more living area, a guest suite, or a recreation room. Deeded lake access is just a short walk away, making it easy to enjoy water activities year-round. With modern updates, stunning views, and room to grow, this home offers the perfect blend of comfort, privacy, and outdoor lifestyle. Properties like this don’t come along often—schedule your private showing today!
Map
Home Details
Home Type
Single Family
Est. Annual Taxes
$2,676
Year Built
1976
Lot Details
0
Parking
2
Listing Details
- Type: Residential
- Property Subtype 1: Single Family Residence
- Cooling System: Ductless Mini-Split
- Garage Spaces: 2
- Accessibility Features: None
- Water Source: Private, Well
- Year Built: 1976
- Above Grade Finished Sq Ft: 1276
- Water Body Name: Shields
- Unit Levels: One
- New Construction: No
- FractionalOwnershipYN: No
- Rental License?: No
- Special Features: None
- Property Sub Type: Detached
Interior Features
- Basement: Block, Daylight/Lookout Windows, Full, Partially Finished, Storage Space, Walkout
- Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
- Living Area: 1328
- Below Grade Finished Sq Ft: 52
- Basement YN: Yes
- Dining Room Type: Kitchen, Dining Room, Living Room, Bedroom 1, Bedroom 2, Bedroom 3, Laundry, Bathroom, Family Room, Storage, Three Season Porch
Beds/Baths
- Half Bathrooms: 1
- Total Bedrooms: 3
- Three Quarter Bathrooms: 1
Exterior Features
- Roof: Age 8 Years or Less
- Other Structures: Storage Shed
- ConstructionMaterialsDesc: Block
- PatioPorchType: Patio
- Lake Acres: 940
- LakeChain: N
Garage/Parking
- Parking Features: Attached Garage, Concrete, Tuckunder Garage
- Garage Square Feet: 600
Utilities
- Heating: Boiler
- Sewer: Private Sewer, Septic System Compliant - Yes
- Electric: Circuit Breakers, 100 Amp Service
- Fuel: Natural Gas
Condo/Co-op/Association
- Association: No
- Amenities Unit: Patio,Vaulted Ceiling(s),Washer/Dryer Hookup
Schools
- Junior High Dist: Faribault
- SchoolDistrictNumber: 656
- SchoolDistrictPhone: 507-333-6016
Lot Info
- Waterfront YN: No
- PropertyAttachedYN: No
- Lot Size: 1x1
- Lot Size Sq Ft: 46173.6
- Land Lease: No
- Lot Features: Corner Lot, Some Trees
- Additional Parcels Description: 0902326016
- Additional Parcels: Yes
- Zoning Description: Shoreline,Residential-Single Family
- AssessmentPending: No
- Yearly/Seasonal: Yearly
Building Info
- Construction Materials: Metal Siding
Tax Info
- Tax Year: 2025
- Assessor Parcel Number: 0902326017
- Tax Annual Amount: 2636
- TaxWithAssessments: 2676.0000
Multi Family
- WaterfrontFeatures: Deeded Access, Lake View
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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 | $2,676 | $348,600 | $81,600 | $267,000 |
| 2024 | $2,676 | $317,400 | $72,500 | $244,900 |
| 2023 | $2,374 | $317,400 | $72,500 | $244,900 |
| 2022 | $2,082 | $288,500 | $66,500 | $222,000 |
| 2021 | $1,850 | $247,200 | $48,400 | $198,800 |
| 2020 | $1,656 | $220,900 | $48,400 | $172,500 |
| 2019 | $1,716 | $204,800 | $42,700 | $162,100 |
| 2018 | $1,276 | $197,700 | $42,700 | $155,000 |
| 2017 | $1,296 | $159,500 | $42,700 | $116,800 |
| 2016 | $1,294 | $152,200 | $42,700 | $109,500 |
| 2015 | $1,246 | $148,500 | $42,700 | $105,800 |
| 2014 | -- | $148,500 | $42,700 | $105,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Pending | -- | -- | -- |
| 06/27/2025 06/27/25 | For Sale | $360,000 | -- | $271 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Trustee Deed | $189,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $179,600 | New Conventional | |
| Closed | $179,550 | New Conventional |
Source: Public Records
Similar Homes in Faribault, MN
Source: NorthstarMLS
MLS Number: 6745093
APN: 09.02.3.26.017
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