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20355 Cedar Lake Trl, Morristown, MN, 55052

3beds
2baths
1,809sqft
$550,000
$304price/sqft
$3,565/moest. monthly cost
$142,600/yrincome needed

About This Home

Discover the perfect blend of modern design, comfort, and accessibility in this recently built single-level patio home located in Shieldsville Township, just minutes from Cedar Lake and less than 10 minutes from I-35 and Faribault. Set on a beautiful 1.25-acre lot, this property offers plenty of space to add a large pole shed, garden, or simply enjoy peaceful views of the surrounding countryside and nearby lakes. Inside, you’ll find high-end finishes and thoughtful design throughout. The open-concept kitchen is a true showpiece—featuring quartz countertops, a large 3'6" x 7'2" center island, custom cabinetry with open shelving, a pull-out spice rack, and stainless steel Whirlpool appliances, including a five-burner gas stove and commercial-grade vent hood. The kitchen flows into a sun-filled living room with six large windows, a birch engineered hardwood floor, and a cozy electric fireplace with blower—ideal for relaxing or entertaining. The primary suite is designed for luxury and ease, showcasing rustic hardwood floors, a spa-inspired bathroom with dual sinks, a soaking tub, and a walk-in tiled shower illuminated by a skylight. Two additional spacious bedrooms and two full bathrooms make this home perfect for family, guests, or downsizing without compromise. Wide 36” doors and 42” hallways enhance accessibility and create a comfortable, open feel throughout. Step outside to enjoy the private 16x16 concrete patio with a privacy fence—perfect for outdoor dining or quiet evenings. A matching steel-sided black dog house adds a fun and functional touch. The insulated two-stall garage offers excellent storage and workspace, complete with a corner drain, three windows, gas-heat readiness, and a pedestrian door for direct backyard access. Energy-efficient features like the tankless water heater add everyday value and sustainability. Whether you’re seeking main-level living, modern finishes, or a peaceful setting near Cedar Lake, Faribault, and Southern Minnesota’s scenic backroads, this home truly checks every box.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
15
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 2022

Materials

  • Roof: Asphalt
  • Construction materials: Frame/Wood,Metal Siding,Steel Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Washer,Electric Water Heater,Water Softener Owned
  • Laundry features: Washer/Dryer Hookups,Main Level

Basement

  • Has basement: Yes
  • Basement: None

Bedroom

  • Level: Main
  • Area: 196.3472222222222

Bedroom1

  • Level: Main
  • Area: 185.4375

Bedroom2

  • Level: Main
  • Area: 168.81944444444446

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Dining Room

  • Features: Combine with Kitchen,Combine with Living Room,Eat-in Kitchen,Open Floorplan

Features

  • Broadband Available,Ceiling Fan(s),Eat-In Kitchen,Kitchen Center Island,Natural Woodwork,Walk-In Closet(s),Bath Description: Full Primary,Main Floor Full Bath,Private Primary,Separate Tub & Shower,Main Floor Bedrooms,3+ Same Floor Bedrooms(L)
  • Window features: Skylight(s),Combination Windows (L),Window Coverings
  • Flooring: Hardwood,Tile
  • Fireplace features: Electric
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,809

Heating & Cooling

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

Interior Area

  • Total structure area: 1,809
  • Total interior livable area: 1,809 sqft

Kitchen

  • Level: Main
  • Area: 172.05555555555554

Living Room

  • Level: Main
  • Area: 234.54861111111111

Property

Accessibility

  • Accessibility features: Partially Wheelchair,No Stairs Internal,No Stairs External,Accessible Doors,Accessible Hallway(s),Roll in Shower,Grab Bars in Bathroom

Details

  • Parcel number: 0935275002
  • Foundation area: 1809

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio
  • Waterfront features: Lake Front
  • Waterbody name: Cedar

Lot

  • Lot size: 1.25 Acres
  • Features: Few Trees
  • Lot size dimensions: 164 x 332

Parking

  • Total spaces: 2
  • Parking features: Gravel,Shared Driveway,Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Hail
    HailVery High
  • Inland Flooding
    Inland FloodingVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Drought
    DroughtModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Hail
Inland Flooding
Strong Wind
Tornado
Cold Wave
Winter Weather
Drought
Ice Storm
Lightning

FEMA Declared Disasters in Rice 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 $2,781$33,372
Home Insurance *$321$3,852
Property Taxes $293$3,516
Electricity $170$2,050
Total$3,565$42,780
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$122,228/yr
40% on housing$106,950/yr
45% on housing$95,066/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: 10.8%
10.8%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 4.2%
4.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$304This listing

vs Other Active Listings

Avg $/sqft

ZIP 55052$155
Rice County$180

vs Homes Sold Last Month

Median $/sqft

ZIP 55052$255
Rice County$165

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

DateEventPrice
2026-04-16Price change$550,000
2025-11-25Price change$560,000
2025-10-31Price change$575,000
2025-09-17Price change$599,000
2025-07-31Price change$637,000
2025-05-08Listed for sale$647,000
2025-04-29Listing removed$647,000
2025-04-22Price change$647,000
2025-03-18Price change$675,000
2024-10-11Price change$695,000
2024-09-11Listed for sale$710,000
2024-08-21Listing removed$765,000
2024-08-02Listed for sale$765,000
2024-07-23Listing removed--
2024-05-29Listed for sale$857,000

For Sale by Agent

AgentSONJA ZOET, Real Broker, LLC
BrokerageReal Broker, LLC

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