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314 Falcon Run, Eagle Lake, MN, 56024

3beds
2baths
3,040sqft
$399,900
$132price/sqft
$2,997/moest. monthly cost
$119,880/yrincome needed

About This Home

**UNDER CONSTRUCTION WALKOUT RAMBLER W/UNFINISHED BASEMENT SPEC HOME!** Enjoy the ease of one-level living in this thoughtfully designed walkout rambler featuring an attached 3-car garage and a bright, open-concept floor plan. The main living area seamlessly connects the living room with a cozy fireplace, dining area, and kitchen, creating an ideal space for everyday living and entertaining. The kitchen features granite countertops, stainless steel appliances, soft-close cabinetry and drawers, a tile backsplash, and a spacious pantry. The private primary suite offers a walk-in shower, dual sinks, and a spacious walk-in closet. Additional highlights include quartz countertops in the bathrooms and a convenient laundry/mudroom located just off the garage entrance. The unfinished walkout lower level provides outstanding potential for future expansion, with space for additional bedrooms, a bathroom, a family room, and ample storage. Listing photos are of a previously completed model.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

9/10
6/10
6/10

Construction

Condition

  • Property condition: Under Construction-Spec Home
  • New construction: Yes
  • Year built: 2026

Materials

  • Roof: Asphalt
  • Construction materials: ICFs (Insulated Concrete Forms),Stone,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Range,Refrigerator,Gas Water Heater
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Unfinished,Walk-Out Access,Concrete,Walk-out

Bedroom

  • Level: Main

Bedroom1

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Features: Informal Dining Room,Open Floorplan
  • Level: Main

Features

  • Kitchen Center Island,Vaulted Ceiling(s),Bath Description: 3/4 Primary,Main Floor Full Bath,Private Primary,3+ Same Floor Bedrooms(L),Main Floor Bedrooms
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,520

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,520
  • Total interior livable area: 3,040 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Property

Details

  • Parcel number: R120913405008
  • Foundation area: 1520

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 8,712 sqft
  • Lot size dimensions: 70 x 125

Parking

  • Total spaces: 3
  • Parking features: Concrete,Attached
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Strong Wind
    Strong WindVery High
  • Winter Weather
    Winter WeatherVery High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Winter Weather
Hail
Tornado
Heat Wave
Inland Flooding

FEMA Declared Disasters in Blue Earth County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$197$2,364
Property Taxes $522$6,264
Electricity $256$3,076
Total$2,997$35,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$102,754/yr
40% on housing$89,910/yr
45% on housing$79,920/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.7%
9.7%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$132This listing

vs Other Active Listings

Avg $/sqft

ZIP 56024$111
Blue Earth County$135

vs Homes Sold Last Month

Median $/sqft

ZIP 56024
Blue Earth County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-28Listed for sale$399,900
2025-07-23Listing removed$63,000
2025-07-21Listed for sale$63,000
2025-07-17Listing removed$63,000
2025-06-20Pending sale$63,000
2024-06-17Listed for sale$63,000

New Construction

AgentKatyana Miller
BrokerageMiller Real Estate

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