8494 320th Street Way, Cannon Falls, MN 55009

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8494 320th Street Way, Cannon Falls, MN 55009

$1,399,000

Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 4,520 Lot Size (sq. ft.): 217,800 Status: Coming Soon

Current Price: $1,399,000 List Date: 9/02/2026 Last Modified: 9/09/2026

Overview

Description

Some properties have a great house. Others have impressive outdoor spaces or the shop everyone wishes they had. This 5+/- acre property near Cannon Falls brings all three together, creating a private country setting built around recreation, entertaining and enjoying time at home.Located on a dead-end road and surrounded by mature timber, the property offers privacy that is noticeable from the moment you arrive. Behind the home, that setting has been transformed into an outdoor entertainment area that gives this property its real wow factor.At the center is an in-ground 20' x 50' swimming pool constructed in fall 2024. The pool features a diving board, basketball hoop, volleyball net, built-in sun deck in the shallow end, swim-out benches in the deep end and a powered cover. Mature timber provides a natural backdrop around the outdoor living area.Overlooking the pool is a 19' x 22' pool house designed for much more than getting out of the sun. The covered entertaining space includes a f ... (Read more) Some properties have a great house. Others have impressive outdoor spaces or the shop everyone wishes they had. This 5+/- acre property near Cannon Falls brings all three together, creating a private country setting built around recreation, entertaining and enjoying time at home.Located on a dead-end road and surrounded by mature timber, the property offers privacy that is noticeable from the moment you arrive. Behind the home, that setting has been transformed into an outdoor entertainment area that gives this property its real wow factor.At the center is an in-ground 20' x 50' swimming pool constructed in fall 2024. The pool features a diving board, basketball hoop, volleyball net, built-in sun deck in the shallow end, swim-out benches in the deep end and a powered cover. Mature timber provides a natural backdrop around the outdoor living area.Overlooking the pool is a 19' x 22' pool house designed for much more than getting out of the sun. The covered entertaining space includes a fireplace, sink, three mini refrigerators, granite countertops, a Memphis wood-fire grill, a Le Griddle stainless flat-top grill and a large storage area.The outdoor setup continues with an 18' x 40' TimberTech deck overlooking the pool and wooded backyard. New deck boards and railing were completed in 2025. Below the deck is an artificial-turf putting green, with additional turf extending east to create a chipping surface. A 7' x 8' Hot Spring Grand hot tub, approximately three years old, provides another outdoor option. A HEOS entertainment system installed within the past two years connects many of the property's gathering spaces, wirelessly serving the pool area, deck and several areas inside the home, including the lower-level entertainment spaces, workout room, game area and dining area.Then there's the 62' x 54' detached shed, a major feature in its own right. Heated and spray-foam insulated throughout, this building goes far beyond equipment storage. A finished man cave and gathering area includes a sink and butcher area, cabinetry, rolling island, sound system and TVs. The building also features a rear walk-in cooler room, built-in hoist and dedicated lawn mower and equipment storage area.The 5+/- acres are surrounded by mature timber, helping create a natural buffer around the home, shop and outdoor living areas. Combined with the dead-end road location, the setting offers a sense of seclusion while remaining convenient to Cannon Falls. The wooded acreage also provides habitat and opportunities for deer and turkey hunting. Built in 2002, the home offers approximately 4,320 finished square feet with five bedrooms, 3.5 bathrooms, a three-car attached garage and a finished walkout lower level. Nearly the entire interior, with the exception of the primary bathroom, was refinished in 2024.The main living area features vaulted ceilings, large windows overlooking the backyard and a floor-to-ceiling stone gas fireplace. Warm wood finishes and stone accents carry throughout much of the updated interior. The kitchen features updated cabinetry, substantial countertop space and a large center island, with an adjoining dining area that takes advantage of the views toward the deck, pool and surrounding timber.Additional main-level spaces include a formal dining room with a stone accent wall, a dedicated office and a walk-in pantry. Two gas fireplaces with stone surrounds are found within the home, and the combination of tall ceilings and large windows brings plenty of natural light into the main living spaces.The finished walkout lower level provides another entertainment area. A custom wet bar includes three mini refrigerators, an ice maker, sink, lighted shelving and a large-screen television, alongside a game area, additional gathering space and a dedicated workout room.

Listing Details MLS# 7138054

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: 2
Waterfront YN: No
Year Built: 2002
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 3
Bath Half: Yes
Main Floor Total SqFt: 1677
Above Grd Total SqFt: 2843
Below Grd Total SqFt: 1677
Total SqFt: 4520
Total Finished Sqft: 4320.00
FireplaceYN: Yes
Style: (SF) Single Family
Foundation Size: 1677
Garage Stalls: 3
Acres: 5
Assessment Pending: No

Property Features

Accessible: None Air Conditioning: Central Air Construction Status: Previously Owned Exterior: Vinyl Foundation: Poured Concrete Fuel: Propane Heating: Forced Air Outbuildings: Pole Building Pool Description: Below Ground Sewer: Private Sewer Stories: Two Water: Well

Contract Information

Contingency: None
Original List Price: 1399000
ListPrice: 1399000
Owner is an Agent?: Yes
Auction?: No

Location Tax and Other Information

House Number: 8494
Street Name: 320th Street
Street Suffix: Way
Postal City: Cannon Falls
County: Goodhue
State: MN
Zip Code: 55009

Assessments

Tax With Assessments: 7754

Building Information

Finished SqFt Above Ground: 2843
Finished SqFt Below Ground: 1477

More Information

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 744

Public Survey Info

Range#: 17
Section#: 28
Township#: 112

Room Information

Room Name	Dimensions	Level
Bar/Wet Bar Room	17x16	Lower
Bathroom	7x4	Main
Bathroom	12x6	Lower
Dining Room	14x13	Main
Exercise Room	14x15	Lower
Fifth (5th) Bedroom	16x13	Upper
First (1st) Bedroom	11x15	Main
Fourth (4th) Bedroom	16x10	Upper
Great Room	19x18	Main
Informal Dining Room	11x13	Main
Kitchen	12x12	Main
Laundry	8x7	Main
Primary Bath	13x12	Upper
Media Room	14x15	Lower
Office	14x11	Main
Second (2nd) Bedroom	11x12	Upper
Third (3rd) Bedroom	14x10	Upper

Listing Office: Whitetail Properties Real Estate

Last Updated: September - 09 - 2026

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.