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5989 177th W Street 21, Faribault, MN 55021
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$240,000
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Home Details for 5989 177th W Street 21
Price
$240,000
Type
Single Family
Bedrooms
3
Total Bathrooms
1
Full Bathrooms
1
Year Build
1958
Sq. Ft.
780
Lot Size
3.58
County
Rice
Basement
None
Tax
$584
Hoa
$500
MLS®️ Listing#
6724580
On exitrealty.com
181 days
Property Description
Enjoy breathtaking panoramic views and unforgettable sunsets from this fully updated seasonal cabin on the shores of French Lake.
This turn-key retreat offers 3 bedrooms, 1 bathroom, and a charming sunroom—perfect for relaxing or entertaining. Just steps from the water, you'll love the sandy beach and high-end aluminum dock with a built-in bench. A 9x8 shed is included for convenient storage of water toys and gear, and a newer fire pit is ready for evening gatherings.
Inside, the warm knotty pine interior has been tastefully updated throughout, featuring new siding, roof, windows, kitchen, bath, flooring, plumbing, electrical, and appliances—ensuring comfort and peace of mind.
Located on the highly sought-after French Lake—an 875+ acre recreational lake known for its great fishing and proximity to local restaurants—this property is part of the Southeast Shoreline French Lake Cooperative. The co-op includes 26 cabin owners who jointly own 115.6 acres, including approximately 75 acres of leased cropland.
Don’t miss this rare opportunity to own a pristine lakeside getaway that combines natural beauty, and a unique ownership model.
Ownership Details:
This turn-key cabin includes one ownership share in the Southeast Shoreline French Lake Cooperative. Cabins are considered personal property located on common ground, with each unit representing one co-op share.
Annual co-op fee: $500 (covers electricity for common well and septic, road maintenance, and well testing)
French Lake Association fee: $50/year
Served by a shared well and updated sewer system
Ownership Transfer & Restrictions:
Transfer is handled by the co-op attorney via an Assignment & Assumption Agreement and Bill of Sale recorded with Rice County
Cash purchase or financing through a small local bank (traditional mortgages are not available)
No long-term campers, subleasing, or short-term rentals permitted
Full Cooperative Rules & Bylaws are available in the supplements
Questions? Don’t hesitate to ask—this is a one-of-a-kind chance to own a beautiful cabin on French Lake!
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- Cooling Information
- Ceiling Fan(s)
- Window Unit(s)
- Heating Information
- Propane
- None
- Water Features
- Private
- Well
- Waterfront and Water Access
- Lake Front
- Parking
- Gravel
- Basement
- None
Listing Courtesy: Bald Eagle Realty LLC - 612-296-2281
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$240,000
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EXIT NORTHSTAR REALTY
160 Commerce Dr. E, Belle Plaine, MN 56011
Licensed in the state of Minnesota