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.
Est. $3,970 per month, based on comparable rentals
Sale and tax history for 9350 Forest Rd
Sale History
Tax History
Date
Event
Price
NORTHSTARMLS as Distributed by MLS Grid #7033218
Nov 2, 2026
Sold
$1,925,000
Sep 21, 2026
Pending
—
Sep 8, 2026
Contingent
—
Jun 24, 2026
Price Changed
$1,995,000
May 7, 2026
Relisted
—
May 1, 2026
Listing Removed
—
Apr 30, 2026
Relisted
—
Apr 25, 2026
Listing Removed
—
Apr 15, 2026
Price Changed
$2,250,000
Mar 13, 2026
Listed
$2,500,000
Mar 9, 2026
Coming Soon
$2,500,000
NORTHSTARMLS as Distributed by MLS Grid #6474247
Aug 2, 2024
Sold
$2,000,000
May 12, 2024
Pending
—
Feb 23, 2024
Listed
$2,500,000
Feb 21, 2024
Coming Soon
$2,500,000
+45
Whether you are trying to find your own private retreat or to create a homestead property, this well planned home, sited atop a hill with views of the Cannon River & all the natural splendor that surrounds it, creates a welcoming environment. Gather around the hearth inside or out; enjoy the refreshing pool as the swans fly overhead; celebrate formal and informal occasions and still find room to spread out in the tranquility of the porches or the more lively spaces within the home. Main floor owner's suite is opulent & private. The three upper level bedrooms & baths are complimented by a central living room & balcony with views to the river.The upper level also has separate living quarters with its own kitchen, dining & sitting areas. This flexible space would be ideal for long term guests or remote office with space for in person meetings. The lower level is ready for your custom touch. All three levels can be accessed by elevator. Come for a showing. You won't want to leave.
NORTHSTARMLS as Distributed by MLS Grid #6262085
Aug 30, 2023
Contingent
—
Jan 18, 2023
Price Changed
$2,500,000
Sep 16, 2022
Listed
$3,250,000
NORTHSTARMLS as Distributed by MLS Grid #6157031
Sep 14, 2022
Listing Removed
—
Mar 3, 2022
Listed
$3,250,000
NORTHSTARMLS as Distributed by MLS Grid #5684642
Oct 31, 2021
Listing Removed
—
Sep 17, 2021
Listed
$3,250,000
Public Records
May 25, 2004
Sold
$259,000
Year
Property tax
Land + Additions
Assessment*
2026
$24,036 (+7.7%)
$220,300 + $2,000,300
$2,220,600
2025
$22,312 (−3.5%)
$220,300 + $2,000,300
$2,220,600
2024
$23,116 (+11.2%)
$220,300 + $2,042,600
$2,262,900
2023
$20,786 (+11.7%)
$219,500 + $1,795,100
$2,014,600
2022
$18,608 (+6.9%)
$221,000 + $1,456,400
$1,677,400
2021
$17,410 (+21.8%)
$221,000 + $1,344,600
$1,565,600
2020
$14,298 (−21.0%)
$221,000 + $1,077,700
$1,298,700
2019
$18,088 (−0.2%)
$221,000 + $1,334,100
$1,555,100
2018
$18,128 (+16.0%)
$216,700 + $1,375,400
$1,592,100
2017
$15,626 (−0.6%)
$216,699 + $1,126,701
$1,343,400
2015
$15,716 (−4.2%)
$216,700 + $1,229,800
$1,446,500
2014
$16,404 (−3.7%)
$216,700 + $1,280,000
$1,496,700
2013
$17,030
$216,701 + $1,298,299
$1,515,000
Public record
Public record
Zoning
Beds
5
Baths
5
Stories
2
Lot width
—
Lot depth
—
Lot size
2.73 Acres
Year renovated
2005
Sq. Ft.
10,935
Year built
2005
Style
Single Family Residential
County
Goodhue County
APN
281350020
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 13, 2026.
A2
Agriculture District
The purpose of this district is to maintain and conserve agricultural investments and prime agricultural farmland, but provide for a slightly higher density of dwellings than the A-1 District. This A-2 District is intended to apply to those areas where large farms and feedlots are more scattered and greater numbers of non-farm uses or small parcels are present. This district also has more topographic features and less prime farmland than the A-1 District.
Lot Features: Additional Land Available, Irregular Lot, Tree Coverage - Heavy
Lot Size Area: 2.73
Lot Size Units: Acres
Lot Size Dimensions: 158 x 118 x 417 x 248 x 509
Road Frontage Type: Cul De Sac, No Outlet/Dead End, Paved Streets, Private Road
Road Responsibility: Association Maintained Road
Financial
Assessment Information
Other Annual Assessment Amount: $1,000
Tax Information
Tax Annual Amount: $22,312
Tax Year: 2025
Tax With Assessments: $22,312
Utilities
Utility Information
Water Source: Private, Well
Electric: Circuit Breakers, 200+ Amp Service
Power Company Name: Dakota Electric Association
Sewer: Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
Fuel: Electric,Propane
Location
HOA Information
Association Name: Mineral Springs Home Owners
Has HOA
Association Fee: $1,000
Association Fee Frequency: Annually
Association Fee Includes: Lawn Care, Other, Maintenance Grounds, Shared Amenities, Snow Removal, Taxes
School Information
High School District: Cannon Falls
School District Number: 252
School District Phone: 5072636800
Location Information
Directions: From County Road 20/5th St N and County 17 Blvd, head East. Stay right where County 17 Blvd turns into 95th Ave Way and go South. Go until you come to a T in the road and turn right (West) onto Forest Road. The vacant lot in right there on the left (South) and the home is at the end on the right.
Map Coordinate: 208-D3
Public facts
Beds: 5
Baths: 5.0
Sq. Ft.: 10,935
Stories: 2.0
Lot Size: 2.73 acres
Style: Single Family Residential
Year Built: 2005
Year Renovated: 2005
County: Goodhue County
APN: 281350020
Home facts updated by county records on Oct 12, 2026
Other
Home Information
Living Area: 8695
Living Area Units: Square Feet
Main Level Finished Area: 4480
Building Area Total: 11815
Levels: Two
Around this home
Schools
Cannon Falls Elementary School
Public PreK-5 • Assigned • 2.2mi
5/10
Cannon Falls Secondary
Public 6-12 • Assigned • 2.3mi
8/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Cannon Falls, MN • 55009
Average low and high temperatures (°F)
22
7
30
14
49
28
57
38
70
48
78
60
83
65
78
60
75
55
62
44
44
31
29
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
87/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.3 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$2.44M – $2.96M
Sell confidently with a local market expert in Cannon Falls.