Cannon Falls Homes under $400,000

Welcome to Cannon Falls, Minnesota—a charming city nestled in the heart of Goodhue County, known for its rich history, vibrant community, and stunning natural landscapes. Situated just a short drive from the Twin Cities, Cannon Falls offers the perfect blend of small-town charm and convenient access to urban amenities.

As you explore this picturesque city, you'll find a warm, welcoming atmosphere that invites you to call it home. With its historic downtown area featuring unique shops, delightful eateries, and local art galleries, there's always something to see and do. Nature enthusiasts will appreciate the scenic beauty of the Cannon River, which meanders through the city, providing ample opportunities for kayaking, fishing, and hiking along the trails that wind through the lush surroundings.

For those looking to settle down in Cannon Falls, the real estate market offers an array of options, particularly for homes under $400,000. Whether you're a first-time buyer, a growing family, or looking to downsize, you'll find charming single-family homes, cozy townhouses, and even some delightful fixer-uppers that cater to various tastes and budgets. The affordability of housing in Cannon Falls makes it an attractive choice for anyone seeking a peaceful lifestyle without sacrificing convenience.

With its friendly community, excellent schools, and abundant recreational activities, Cannon Falls is not just a place to live—it's a place to thrive. Come discover your dream home in this enchanting city and experience all that Cannon Falls has to offer!

Newest Cannon Falls Homes under $400,000

$315,000

4 Beds ⋅ 2 Baths ⋅ 7155787 MLS

Fabulously maintained 4-bedroom, 2-bath rambler offering tasteful updates throughout and an impressive list of recent improvements. The main level features beautiful original hardwood floors, two bedrooms, a remodeled full bath, and a welcoming kitchen equipped with stainless steel appliances, a gas range, double wall ovens, and a stylish backsplash. Downstairs, the fully finished lower level provides even more living space with a spacious primary suite, an additional bedroom or home office, remodeled bath, and newer carpet. Step outside to a newly updated backyard featuring a 6-foot vinyl privacy fence and concrete patio, creating a private space to relax, entertain, or enjoy the outdoors. An oversized 2-car detached garage provides plenty of room for vehicles, storage, and more. Pride of ownership is evident throughout, with numerous major updates including new siding, newer windows, roof, furnace, gutters, driveway, concrete sidewalk and patio, exterior doors, garage door and opener, water heater, radon mitigation system, and more. Both bathrooms were beautifully remodeled in 2024, and the ceilings throughout have been updated with knockdown texture. Conveniently located just minutes from downtown Cannon Falls and the Cannon River, with easy access to Highway 52 for commuting. This move-in-ready home combines the character of a classic rambler with the updates and improvements today's buyers are looking for!

1108 Hoffman Street W, Cannon Falls

Listing courtesy of Coldwell Banker Realty.

$219,900

2 Beds ⋅ 1 Baths ⋅ 7151955 MLS

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

2 Beds ⋅ 2 Baths ⋅ 7142365 MLS

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.

$259,000

3 Beds ⋅ 2 Baths ⋅ 7125547 MLS

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.

$379,400

2 Beds ⋅ 3 Baths ⋅ 7088455 MLS

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.

$239,900

2 Beds ⋅ 1 Baths ⋅ 7061687 MLS

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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