6685 Fairfax Way, Faribault, MN, 55021
About This Home
Nestled on 4.07 acres across three separate parcels, this custom-built home offers the perfect blend of modern comfort, privacy, and country living with beautiful views of nearby Lake Mazaska. Built in 2020, the home features 1,524 finished square feet, 2 bedrooms, 2 bathrooms, and an open-concept design with soaring vaulted ceilings that create a bright and inviting living space. The thoughtfully designed kitchen is the heart of the home, featuring granite countertops, custom cabinetry, stainless steel appliances, and a large center island perfect for entertaining or everyday living. The spacious loft offers flexible living space ideal for a second bedroom, home office, or family room. Enjoy year-round comfort with in-floor heat, forced-air heating, and central air conditioning. Recent seller improvements include new flooring, a water softener, updated water heater and plumbing, extensive front entry and patio improvements, and a recently serviced septic system. Outside, you'll appreciate the significant investment made throughout the property, including extensive tree clearing and site cleanup, a 16' x 16' insulated, heated outbuilding with electricity and a concrete floor, currently set up as a golf simulator, plus a 12' x 24' storage shed for additional storage and equipment. A 54" Cub Cadet riding lawn mower is included with the sale, and a recent appraisal was completed at $450,000. If you're looking for a newer home with acreage, quality updates, versatile outbuildings, and room to enjoy the outdoors while remaining just minutes from Faribault, this property is a must-see. Schedule your showing today!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2020
Materials
- Roof: Age 8 Years or Less
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Tankless Water Heater,Washer
- Laundry features: Main Level
Basement
- Basement: None
Bedroom
- Level: Main
- Area: 210
- Dimensions: 15x14
Bedroom2
- Level: Main
- Area: 552
- Dimensions: 24x23
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Dining Room
- Level: Main
- Area: 88
- Dimensions: 11x8
Family Room
- Level: Main
- Area: 187
- Dimensions: 17x11
Features
- Finished area below ground: 0
- Finished area above ground: 1,524
Heating & Cooling
- Heating features: Forced Air,In-Floor Heating
- Cooling features: Central Air
Interior Area
- Total structure area: 1,524
- Total interior livable area: 1,524 sqft
Kitchen
- Level: Main
- Area: 154
- Dimensions: 14x11
Laundry
- Level: Main
- Area: 90
- Dimensions: 10x9
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 0631426055
- Zoning description: Other
- Foundation area: 1092
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Front Porch
- Has view: Yes
- View description: Panoramic,West,Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake View
Lot
- Lot size: 4.07 Acres
- Lot size dimensions: Irregular
Parking
- Parking features: Gravel
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 | $2,274 | $27,288 |
| Home Insurance * | $313 | $3,756 |
| Property Taxes | $262 | $3,144 |
| Electricity | $170 | $2,050 |
| Total | $3,019 | $36,228 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Price change | $449,900 |
| 2026-07-29 | Listed for sale | $459,900 |
| 2024-09-12 | Sold | $360,000 |
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