6000 Fairbanks Path APT 15, Faribault, MN, 55021
About This Home
Welcome to 6000 Fairbanks Path #15 in Faribault, where you'll find a charming 2-bedroom, 1-bathroom seasonal single-family home nestled on a land lease. One of the standout features of this property is its private dock, providing direct access to the waterfront for boating, fishing, or simply relaxing by the water's edge. Whether you're a water enthusiast or simply enjoy the tranquility of waterfront living, this home offers a unique opportunity to embrace a waterfront lifestyle. Additionally, being part of a land lease arrangement offers the benefits of ownership without the full responsibility of land ownership, making it an attractive option for those seeking a low-maintenance lifestyle. Located in Faribault, this home combines the best of peaceful lakeside living with convenient access to amenities, parks, and recreational opportunities. Don't miss out on the chance to make this waterfront retreat your own!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1960
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Exhaust Fan,Microwave,Range,Refrigerator
Basement
- Basement: None
Bedroom
- Level: Main
- Area: 80
- Dimensions: 8 X 10
Bedroom2
- Level: Main
- Area: 80
- Dimensions: 8 X 10
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 3/4 bathrooms: 1
Dining Room
- Level: Main
- Area: 25
- Dimensions: 5 X 5
Features
- Finished area below ground: 0
- Finished area above ground: 486
Heating & Cooling
- Heating features: Space Heater
- Cooling features: Window Unit(s)
Interior Area
- Total structure area: 486
- Total interior livable area: 486 sqft
Kitchen
- Level: Main
- Area: 80
- Dimensions: 8 X 10
Living Room
- Level: Main
- Area: 150
- Dimensions: 10 X 15
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 1006100910
- Zoning description: Residential-Single Family
- Foundation area: 486
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio,Porch
- Fencing: None
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- On waterfront: Yes
- Waterfront features: Dock,Lake Front,Lake View
Lot
- Lot size dimensions: 0
Parking
- Parking features: None
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
- Strong Wind
- Tornado
- Cold Wave
- Hail
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Rice County and Minnesota
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $631 | $7,572 |
| Home Insurance * | $87 | $1,044 |
| Property Taxes | $59 | $708 |
| Electricity | $170 | $2,050 |
| Total | $947 | $11,364 |
Income You'd Need if You Spent...
Minnesota FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-23 | Listed for sale | $124,900 |
For Sale by Agent
View on Zillow