9350 Forest Rd, Cannon Falls, MN, 55009
About This Home
Exceptional craftsmanship and a rare opportunity to own an executive level riverfront estate along the Cannon River in Cannon Falls offering 5 bedrooms, 7 bathrooms, and nearly 12,000 total square feet. Set on a scenic stretch of the river, this remarkable property combines expansive living spaces, thoughtful design, and stunning natural surroundings. The home features a large gourmet kitchen with walk-in pantry, ideal for entertaining and everyday living, along with a formal dining room, sun room, private office, and den. Multiple gathering areas throughout the home provide exceptional space for hosting, including a dedicated bar area. A private elevator provides convenient access from the basement to the second floor. The spacious primary suite includes a private en suite bathroom, creating a comfortable retreat within the home. A separate mother-in-law suite offers flexibility for guests or multigenerational living. Enjoy beautiful views of the Cannon River from many areas of the home and step outside to relax in the saltwater in-ground pool surrounded by peaceful natural scenery. The property also includes a shed and extensive outdoor space for recreation and entertaining. In addition to the primary homesite, an additional 3.68 acre parcel with a buildable site is also available for sale, creating a rare opportunity for expansion, added privacy, or a future homesite. This extraordinary Cannon Falls estate offers luxury, space, and a truly unique riverfront setting. Please note the properties are located on a private road. Access is not public. Only potential buyers with approved showings are permitted. Thank you for respecting the privacy of the neighboring properties.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2005
Materials
- Roof: Age 8 Years or Less,Architectural Shingle
- Construction materials: Concrete,Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family
Interior
Appliances
- Appliances included: Air-To-Air Exchanger,Chandelier,Cooktop,Dishwasher,Double Oven,Dryer,Electric Water Heater,ENERGY STAR Qualified Appliances,Exhaust Fan,Water Filtration System,Water Osmosis System,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Wall Oven,Washer,Water Softener Owned,Wine Cooler
- Laundry features: Electric Dryer Hookup,Laundry Closet,Laundry Room,Main Level,Sink,Upper Level,Washer Hookup
Basement
- Has basement: Yes
- Basement: Daylight,Drain Tiled,Full,Concrete,Storage Space,Unfinished,Walk-Out Access
Bathroom
- Level: Main
Bedroom
- Level: Main
Bedroom2
- Level: Second
Bedroom3
- Level: Second
Bedroom4
- Level: Second
Bedroom5
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 7
- Full bathrooms: 2
- 3/4 bathrooms: 2
- 1/2 bathrooms: 3
Dining Room
- Level: Main
Features
- Number of fireplaces: 5
- Fireplace features: Gas,Living Room,Primary Bedroom,Wood Burning
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 8,695
Heating & Cooling
- Heating features: Fireplace(s),Geothermal,Heat Pump,Zoned
- Cooling features: Geothermal,Whole House Fan
Interior Area
- Total structure area: 11,815
- Total interior livable area: 11,815 sqft
Kitchen
- Level: Main
Laundry
- Level: Main
Living Room
- Level: Main
Office
- Level: Main
Other
- Level: Main
Other
- Level: Main
Primary Bathroom
- Level: Main
Property
Accessibility
- Accessibility features: Doors 36"+,Accessible Elevator Installed,Hallways 42"+
Details
- Parcel number: 281350020
- Zoning description: Residential-Single Family
- Other equipment: Fuel Tank - Rented
- Wooded area: 43560
- Foundation area: 4480
Features
- Levels: Two
- Stories: 2
- Private pool: Yes
- Pool features: In Ground,Heated,Outdoor Pool
- Patio & porch: Enclosed,Front Porch,Rear Porch,Screened,Side Porch
- Fencing: Full,Split Rail
- Has view: Yes
- View description: River,South
- Has water view: Yes
- Water view: River
- On waterfront: Yes
- Waterfront features: River Front,River View,Waterfront Elevation(40+)
- Frontage length: Water Frontage: 500
Lot
- Lot size: 2.73 Acres
- Features: Additional Land Available,Irregular Lot,Tree Coverage - Heavy
- Lot size dimensions: 158 x 118 x 417 x 248 x 509
Parking
- Total spaces: 4
- Parking features: Attached,Detached Garage,Asphalt,Electric,Garage,Garage Door Opener,Heated Garage,Insulated Garage,Storage
- Has garage: Yes
- Attached garage spaces: 4
- Covered spaces: 4
- Has uncovered spaces: Yes
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
- Strong Wind
- Tornado
- Cold Wave
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Goodhue 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 | $10,087 | $121,044 |
| Home Insurance * | $1,315 | $15,780 |
| Property Taxes | $1,721 | $20,652 |
| Electricity | $996 | $11,957 |
| Total | $14,119 | $169,428 |
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 |
|---|---|---|
| 2026-04-16 | Price change | $2,250,000 |
| 2026-03-13 | Listed for sale | $2,500,000 |
| 2024-08-02 | Sold | $2,000,000 |
| 2024-05-12 | Pending sale | $2,500,000 |
| 2024-02-23 | Listed for sale | $2,500,000 |
| 2023-11-19 | Listing removed | -- |
| 2023-08-11 | Listed for sale | $2,500,000 |
| 2023-08-01 | Listing removed | -- |
| 2023-01-18 | Price change | $2,500,000 |
| 2022-09-17 | Listed for sale | $3,250,000 |
| 2022-09-14 | Listing removed | -- |
| 2022-03-03 | Listed for sale | $3,250,000 |
| 2021-11-01 | Listing removed | -- |
| 2021-09-17 | Listed for sale | $3,250,000 |
| 2004-05-25 | Sold | $259,000 |
| 2001-09-27 | Sold | $176,000 |
| 2000-10-18 | Sold | $100,000 |
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