Welcome to 1101 Faribault Road, a property full of character, flexibility, and opportunity! Situated on nearly an acre of mostly fenced, private outdoor space, this 4-bedroom, 3-bathroom home offers over 2, 700 square feet of living space, a separate mother-in-law suite, and plenty of room for hobbies, storage, and more. Recently refreshed throughout, the home features fresh interior paint, brand-new carpeting across the entire upper level, and thoughtful updates to the lower-level living space. The lower-level kitchen has been refreshed with freshly painted cabinetry, a new countertop, and a new sink, while new luxury vinyl plank flooring adds a clean, updated feel to the lower-level living room. One of the property's standout features is its separate mother-in-law suite, offering incredible flexibility for multigenerational living, extended guests, a private retreat, or potential rental income. Whether you're looking for additional living space or an opportunity to offset your mortgage, this versatile layout provides options to fit a variety of needs. Outside, the expansive, fully fenced yard has been extensively trimmed and cleaned up, creating more usable outdoor space to enjoy. With approximately 0.92 acres, there's plenty of room for outdoor activities, entertaining, pets, or simply enjoying the privacy. The property also features four garage spaces and a spacious pole shed, which has been cleaned out and is ready for storage, a workshop, hobbies, or your next project. Combining recent improvements, flexible living arrangements, generous outdoor space, and exceptional storage, this property offers a unique opportunity to enjoy space, privacy, and versatility while remaining conveniently located in Faribault. Move in, spread out, and make it your own!