Historic Elegance. Timeless Character. One Extraordinary Home. Own a remarkable piece of Faribault history with this magnificent Victorian, iconic “Gallagher Home” designed by longtime Minnesota State Architect C.H. Johnston. Situated on an oversized double corner lot, this stately home offers 6 spacious bedrooms, beautiful historic details, generous living spaces, and a unique 4-stall garage converted from a historic dairy barn. A charming front porch welcomes you into the grand foyer and expansive living area, where gorgeous hardwood floors, exquisite stained-glass windows, a breathtaking fireplace, and incredible original woodwork showcase the craftsmanship of a bygone era. Double pocket doors lead to the elegant formal dining room featuring a stunning built-in hutch, while the adjoining butler’s pantry flows into the beautifully updated kitchen with abundant cabinetry, stainless-steel appliances, and a separate pantry room. The main level also offers a comfortable bedroom, half bath, and wonderful three-season screened porch— perfect for relaxing on warm summer evenings. Upstairs you’ll find 4 generously sized bedrooms, a full bathroom, large laundry room, spacious landing, and charming sleeping porch. Framed reproductions of the home’s original blueprints displayed on the landing provide a fascinating connection to its rich architectural history. The third floor features an additional expansive bedroom plus a versatile bonus room ideal for a home office, playroom, studio, or guest retreat. The lower level adds even more living space with a large family room perfect for movie nights and entertaining, along with three storage rooms and additional laundry hookups. Outside, a lovely rail fence complements the home’s stately character, while the impressive 4-stall garage— converted from a historic dairy barn—offers generous upper-level storage and incredible character of its own. With its brand-new roof, historic architecture, beautiful craftsmanship, spacious double lot, 6 bedrooms, and one-of-a-kind character, this extraordinary property is truly a rare find. Photos simply cannot capture everything this home has to offer. Schedule your private showing today and experience this incredible piece of Faribault history for yourself!
Single-familyProperty Type
1905Year Built
0.5 acresLot Size
$75Price/Sq.Ft.
4 car garageParking
Listed by Michelle Jasinski• Weichert, REALTORS- Heartland
Amazing stately mansion. Double city lot. Home has been completely updated & renovated. Jaw-dropping beauty & attention to detail. This home (we have the blueprints) was designed by a well known architect which has been featured on PBS. See virtual tour.
RASM #4717102
Apr 7, 2015
Sold
$240,000
$55/sq ft
Feb 12, 2015
Listed
$249,900
$58/sq ft
NORTHSTARMLS as Distributed by MLS Grid #4478448
Oct 9, 2014
Listing Removed
—
Sep 24, 2014
Price Changed
$234,900
$54/sq ft
Aug 29, 2014
Price Changed
$239,900
$55/sq ft
Jul 18, 2014
Price Changed
$250,000
$58/sq ft
Jun 12, 2014
Price Changed
$275,000
$64/sq ft
May 10, 2014
Listed
$292,900
$68/sq ft
NORTHSTARMLS as Distributed by MLS Grid #4431033
Apr 18, 2014
Listing Removed
—
Mar 27, 2014
Price Changed
$292,900
$68/sq ft
Feb 25, 2014
Listed
$294,900
$68/sq ft
NORTHSTARMLS as Distributed by MLS Grid #4362753
Nov 3, 2013
Listing Removed
—
May 3, 2013
Listed
$299,900
$69/sq ft
NORTHSTARMLS as Distributed by MLS Grid #1325670
Oct 29, 1998
Sold
$135,000
$31/sq ft
Aug 25, 1998
Listing Removed
—
Feb 11, 1998
Listed
$166,000
$38/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$4,908 (+4.4%)
2025
$4,700 (+8.8%)
2024
$4,320 (+6.2%)
2023
$4,068 (+6.2%)
2022
$3,830 (−1.7%)
2021
$3,896 (+9.3%)
2020
$3,564 (+8.1%)
2019
$3,296 (+2.0%)
2018
$3,232 (+6.7%)
2017
$3,030 (+3.7%)
2015
$2,922 (+51.4%)
2014
$1,930 (+8.3%)
2013
$1,782
Public record
Public record
Zoning
Beds
5
Baths
2.5
Stories
1.5
Lot width
13 ft.
Lot depth
17 ft.
Lot size
0.5 Acres
Year renovated
1905
Finished Sq. Ft.
2,821
Unfinished Sq. Ft.
—
Total Sq. Ft.
2,821
Year built
1905
Style
Single Family Residential
County
Rice County
APN
1830375091
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
R-3
Medium Density Residential District
The R-3, Medium Density Residential District, is established to provide for an environment of predominantly medium density apartments and congregate living arrangements, and single and two-family dwellings, along with directly related, complementary uses. It is intended that where an R-3, Medium Density Residential District directly abuts a zoning district of higher or lower density, a transition from existing uses to new uses be provided. Such transition may be accomplished by a continuation of similar uses to the extent possible given allowable uses within the district, landscape buffering as provided in Chapter 4, or both, as required by the City in conjunction with plat approval.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Multiple units
Housing-Senior
Fire house
Police station
Park & open space
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, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Faribault, MN • 55021
Average low and high temperatures (°F)
23
7
31
14
49
28
58
38
71
49
79
61
82
65
78
61
77
56
66
45
44
31
30
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 24% for direct sun exposure in Faribault. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.7 hrs
6.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 504 7th St NW
$327,099
$2,199 over list price of $325K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $273K to $380K.