XXX Island of Circle Lake, Faribault, MN 55021 (MLS# 6577456)

XXX Island of Circle Lake, Faribault, MN 55021

$1,200,000
Property Type: Land Lot Size (sq. ft.): 4,486,680 Status: Closed
Current Price: $1,200,000 List Date: 7/31/2024 Last Modified: 10/02/2025

Overview

Description

Incredible opportunity to own over 100 acre island on Circle Lake with an estimated 10,600 ft of shore line, just 41 miles South of the Twin Cities. The island has been platted for 249 lots and is understood to have had an operating golf course in 1924. Imagine the oasis you can create: a private, tranquil, retreat for yourself, or others. Ideal for the independent and adventurous lifestyle. Deer, eagles, and morel mushrooms have all been sited on Island. Circle lake is 838 acres. The MN DNR Fisheries Lake Survey information describes Circle Lake as a good fishery for panfish, Northern Pike, and Walleye. The majority of the island is in Faribault’s postal district, and a portion of the west side is in Lonsdale’s. Access via public landing at: 4838 Circle Lake Trail, and a private easement on the east side of the lake. *Electricity available.

Listing Details MLS# 6577456

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
Yes
Plat Recorded
Yes
Road Btwn WF & Home?
No
Waterfront Frontage
10000
Waterfront YN
Yes
Yearly/Seasonal
Yearly
Zoning
Other, Shoreline
Lot Dimensions
100 Acres
Acres
103
Lake/Waterfront Name
Circle
Power Company
Steele-Waseca Co-op Electric

Property Features

Available Utilities: None Connected Development Status: Raw Land Elevation Highpoint to Waterfront Slope: Gradual; Level Financing Terms: Other Improvements: None Land Inclusions: Platted Lot Description: Accessible Shoreline; Island/Peninsula; Tree Coverage - Medium Property SubType: Acreage; Lake Property; Recreational Road Frontage: None Surface Water: Lake Topography: Level; Sloped Waterfront View: Lake; Panoramic

Contract Information

Off Market Date
2025-02-24
Contingency
None
Closed Date
2025-10-01
Original List Price
2300000
Sales Close Price
1200000
ListPrice
2300000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
XXX
Street Name
Island of Circle Lake
Postal City
Faribault
County
Rice
State
MN
Zip Code
55021
Complex/Dev/Subdivision
Circle Island

Additional Parcels Information

Property ID #2
0622226001
Property ID #3
0615351001

Assessments

Tax With Assessments
2646

More Information

Builder Information

Builder Restrictions
Open

Lake Details

Lake Acres
837
Lake Depth
14

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
Yes
Partial Ownership
100

Documents

IDX
Listing Office: RE/MAX Advantage Plus
Last Updated: October - 02 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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