Cannon Falls Homes under $400,000

Cannon Falls Homes under $400,000

Welcome to Cannon Falls, Minnesota – a charming city nestled in the heart of Goodhue County, where small-town charm meets vibrant community spirit. Known for its picturesque landscapes and friendly atmosphere, Cannon Falls is the perfect place for families, retirees, and everyone in between to call home. The city is renowned for its stunning views along the Cannon River, offering residents a variety of outdoor recreational activities, from hiking and biking to fishing and kayaking.

Cannon Falls boasts a rich history, reflected in its beautifully preserved architecture and inviting downtown area filled with unique shops, cozy cafes, and local eateries. The community hosts numerous events throughout the year, including the popular Cannon Falls Arts and Crafts Festival, which brings together artisans and visitors from near and far.

For those seeking a home in this delightful city, you’ll be pleased to know that Cannon Falls offers a variety of housing options, with many beautiful homes available for under $400,000. Whether you’re looking for a charming historic home, a modern family residence, or a cozy cottage, you’ll find something that suits your needs and budget. The real estate market here is diverse, making it an ideal time to explore your options and discover the perfect place to settle down.

With its friendly community, stunning natural beauty, and affordable housing, Cannon Falls is more than just a place to live – it’s a place to thrive. Come and experience the warmth of Cannon Falls, where your dream home awaits!

Newest Cannon Falls Homes under $400,000

424 Water Street E, Cannon Falls
$339,000
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7159636 MLS ⋅ 2,174 SqFt.
Updated 3-bedroom, 2-bath home featuring a newer roof, appliances, siding, and flooring. Perfectly situated in a prime location just blocks from local schools (4 blocks), the Cannon Valley Bike Trail (2 blocks), and a neighborhood park (1 block). Enjoy a spacious, private backyard ideal for relaxing or entertaining. The lower-level unit includes a separate entry and flexibility to serve as a rental or mother-in-law suite.

424 Water Street E, Cannon Falls

Listing courtesy of Trust Realty.

115 Village Avenue, Cannon Falls
$159,900
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7158024 MLS ⋅ 1,104 SqFt.
This is your chance to purchase a home and completely renovate it to what you want. It is a fixer upper. The good news is there has been a new furnace and water heater installed. The home is located on a corner lot. There are 3 bedrooms and 1 bath on the main, laundry is in the main floor bathroom. The basement is unfinished. There is a 1 car attached garage.

115 Village Avenue, Cannon Falls

Listing courtesy of WEICHERT REALTORS®-Carnel & Co..

1105 Park Street W Unit 5, Cannon Falls
$219,900
ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7151955 MLS ⋅ 1,632 SqFt.
Move-in ready and easy to love! This beautifully refreshed 2-bedroom plus den/office townhome offers a comfortable, functional floor plan with plenty of space to make your own. Step inside to newer carpet and fresh paint throughout, creating a clean, welcoming feel from the moment you arrive. The main living area features a spacious living room, informal dining area, and kitchen, along with a separate formal dining room—perfect for entertaining, hosting holiday gatherings, or creating an additional flex space. The den/office offers even more versatility for working from home, hobbies, or a cozy retreat. A spacious back entryway provides a convenient everyday drop zone off the 2-car attached garage! Enjoy the separate laundry room and two comfortable bedrooms and a full bath that complete the home. With fresh updates, flexible living spaces, and everything conveniently located on one level, this townhome is truly move-in ready—just unpack, settle in, and enjoy!

1105 Park Street W Unit 5, Cannon Falls

Listing courtesy of Cannon Realty.

107 Ridgebrook Drive Unit 107, Cannon Falls
$320,000
ACTIVE Status ⋅ 2 Beds ⋅ 2 Baths ⋅ 7142365 MLS ⋅ 2,382 SqFt.
Spacious, inviting, and ready for your personal touch! This 2-bedroom, 2-bath townhome offers a fantastic open-concept floor plan with comfortable living spaces throughout. The main level features a kitchen and dining area that flow effortlessly into the living room, where a cozy gas fireplace creates the perfect gathering space. Convenient main-floor laundry adds to the ease of everyday living. The spacious primary bedroom ensuite is a standout, featuring its own sitting area—ideal for a home office, reading nook, hobby space, or simply a quiet place to unwind. Just a few steps down, discover the awesome sunroom overlooking the private backyard—a wonderful spot to enjoy your morning coffee, curl up with a good book, or relax and take in the peaceful setting. The lower level provides even more room to spread out with a large family room, second bedroom, ¾ bath, and a generous storage room. With new flooring and a little fresh paint - this townhome offers a great opportunity to add your own finishing touches and make it truly yours. New furnace and AC in 2021. Great space, a versatile floor plan, and a private backyard setting—come see all this townhome has to offer!

107 Ridgebrook Drive Unit 107, Cannon Falls

Listing courtesy of Cannon Realty.

233 Pine Street, Cannon Falls
$259,000
ACTIVE Status ⋅ 3 Beds ⋅ 2 Baths ⋅ 7125547 MLS ⋅ 1,528 SqFt.
Welcome home to easy living in Cannon Falls! This inviting 3-bedroom, 2-bath townhouse offers a comfortable, functional layout with the convenience of a 2-car attached garage and a private backyard patio perfect for relaxing, grilling, or enjoying Minnesota summers. A main-level bedroom provides great flexibility for guests, a home office, or anyone looking for fewer stairs. Upstairs, you'll love the newly updated full bathroom featuring a jetted tub—the perfect place to unwind at the end of the day. With three bedrooms, two bathrooms, comfortable living spaces, and attached garage parking, this home offers the space you need without the upkeep of a traditional single-family property. PROPERTY HIGHLIGHTS: • 3 bedrooms • 2 bathrooms • Main-level bedroom • Newly updated upper-level full bathroom • Relaxing jetted tub • 2-car attached garage • Backyard patio • Functional multi-level floor plan • Low-maintenance townhouse living And the location makes it even better! Cannon Falls offers the charm of a smaller community while being conveniently located along Highway 52, approximately 40 minutes from both Rochester and the Minneapolis–St. Paul area. Enjoy historic downtown Cannon Falls, local shopping and dining, the Cannon River, community parks, and miles of outdoor recreation along the Cannon Valley Trail, which connects Cannon Falls toward Red Wing. Lake Byllesby and additional outdoor recreation are also nearby. Whether you're purchasing your first home, downsizing, or simply looking for a comfortable home in a great community, 233 Pine Street is one you'll want to see in person. Schedule a tour today!

233 Pine Street, Cannon Falls

Listing courtesy of Gold Door Realty LLC.

30389 72nd Avenue Way, Cannon Falls
$379,400
ACTIVE Status ⋅ 2 Beds ⋅ 3 Baths ⋅ 7088455 MLS ⋅ 1,752 SqFt.
Enjoy the convenience of 1-Level living with a variety of other detached villa home designs that are available to choose from that will best fit your lifestyle and needs. This detached villa includes 2 bedrooms 3 bathrooms, office and a 2 car garage. Main level has owner's bedroom with a walk-in closet & bathroom. Finishing out the main level there is the kitchen with quartz countertops & stainless steel appliances, dining area, great room, mud/laundry room, and foyer area. The lower level has a spacious family room, 1 additional bedroom, office/flex room and full bath. Please note this is a TO-BE-BUILT, there is no home to show. When built, you are only minutes away from the Cannon Falls downtown, bike trails, Cannon Falls Schools and just a quick drive on Hwy 52 to Rochester/Mayo Clinic or St Paul/surrounding suburbs. This could be your brand new home, or there are other available lots to build a different plan for your new home! This home INCLUDES passive radon system, air exchanger, 1-2-10 MN home warranties. Home and development information, including pricing, included features, terms, availability/amenities, are subject to change prior to sale at any time without notice or obligation. Photographs, virtual tours, colors, features, and sizes are for illustration purposes only and may vary from homes as built. Any pictures showing grass and/or furniture have been digitally added to give you an idea what it could look like. No landscaping is factored in price to give buyer ability to choose what they may want. Don’t pass up the many other opportunities to build the home of your choice on one of the available lots in Cannon Falls!!

30389 72nd Avenue Way, Cannon Falls

Listing courtesy of Fieldstone Real Estate Specialists.

126 Floyd Street S Unit 1, Cannon Falls
$239,900
ACTIVE Status ⋅ 2 Beds ⋅ 1 Baths ⋅ 7061687 MLS ⋅ 1,520 SqFt.
Step into this delightful 2-bedroom, 1-bath unit where convenience meets comfort! The fantastic foyer welcomes you home, leading to a formal dining room perfect for entertaining. Enjoy cozy evenings in the spacious living room or bask in natural light in the separate sun room, ideal for morning coffee or a serene reading nook. This well-designed layout features a dedicated laundry room, a full bath, and two nicely-sized bedrooms, providing all the space you need. Plus, the one-car garage offers not just parking, but valuable storage space for all your extras. Don’t miss out on this gem—perfect for enjoying everything that one-level living has to offer! Schedule your tour today!

126 Floyd Street S Unit 1, Cannon Falls

Listing courtesy of Cannon Realty.

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota. Real estate listings held by brokerage firms other this firm are marked with the Broker Reciprocity logo. Information Deemed Reliable But Not Guaranteed. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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