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Active Contingent NEW!
$525,000
/mo Edit
Single Family:  2 Stories
5 br • 4 ba • Built 2005
3,563 sqft • 0.44 acres
Elk River schools
MLS# 7157828
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    Property Description

    Welcome to the Ridges of Rice Lake! This impressive 5 bedroom 4 bathroom home sits on approximately a half-acre lot and offers the perfect opportunity to get into one of the area's most sought-after developments. One of the things that makes Ridges of Rice Lake so special is the incredible Association owned 280 acres, available for bow hunting by Association members, along with a great neighborhood hockey/ice skating rink. Another unique benefit is the shared well and septic system, so you don't have the expense of maintaining your own well and septic system. Inside, you'll love the open-concept floor plan, amazing kitchen with an oversized island, spacious mudroom with built-ins, and main-level bedroom. Also, a versatile flex room on the main level could easily serve as a home office, playroom, hobby room, or formal dining room. Upstairs offers 3 bedrooms, including a spacious primary suite with a private bath. The finished lower level is where the fun really begins, featuring an entertainment-ready space with a bar and fifth bedroom. And for the ultimate entertaining setup, the sellers are willing to negotiate the pool table, jukebox, gun safe, theater setup, arcade games, and slot machines with the right offer. You could move right in and have an incredible game and entertainment space from day one! Outside, enjoy the large deck overlooking the private, treed backyard, complete with a storage shed and plenty of room to relax or entertain. A half-acre private lot, access to 280 acres of Association land, incredible neighborhood amenities, 5 bedrooms, and a lower-level built for entertaining; this is a very rare opportunity to get into this neighborhood at an amazing price!

    Listing

    Contingency: Sale of Another Property
    Price per sq ft: $147
    City: Elk River
    County: Sherburne
    State: MN
    Property Style: 2 Stories
    Zip Code: 55330
    Subdivision Name: The Ridges Of Rice Lake Cic #21

    Interior

    Living Area: 3,563 ft2
    Common Wall: No
    Appliances Included:
    • Air-To-Air Exchanger
    • Dishwasher
    • Disposal
    • Dryer
    • Microwave
    • Range
    • Refrigerator
    • Washer
    • Water Osmosis System
    • Water Softener Owned
    Fireplace Details:
    • Gas
    • Living Room
    • Stone
    Basement Details:
    • Drain Tiled
    • Egress Window(s)
    • Finished

    Exterior

    Stories: Two
    Garage Spaces: 3
    Garage Dimensions: 38x24
    Garage Size: 912 ft2
    Air Conditioning: Central Air
    Foundation Size: 1,472 ft2
    Fencing: None
    Handicap Accessible: None
    Out Buildings: Storage Shed
    Road Responsibility: Public Maintained Road
    Heating System: Forced Air
    Parking Features:
    • Asphalt
    • Attached Garage
    • Garage Door Opener
    • Heated Garage
    Unit Amenities:
    • Ceiling Fan(s)
    • Deck
    • Hardwood Floors
    • In-Ground Sprinkler
    • Kitchen Center Island
    • Kitchen Window
    • Natural Woodwork
    • Primary Bedroom Walk-In Closet
    • Tile Floors
    • Walk-In Closet
    • Washer/Dryer Hookup
    Road Frontage:
    • City Street
    • Paved Streets
    • Street Lights
    Exterior Material: Block
    Pool: None
    Roof Details:
    • Age 8 Years or Less
    • Asphalt

    Rooms

    1/4 Baths: None
    Full Baths: 2
    Half Baths: 1
    3/4 Baths: 1
    Bathroom Details:
    • 3/4 Basement
    • Full Primary
    • Jetted Tub
    • Main Floor 1/2 Bath
    • Private Primary
    • Separate Tub & Shower
    • Upper Level Full Bath
    Dining/Kitchen:
    • Informal Dining Room
    • Separate/Formal Dining Room
    Laundry:
    • Laundry Room
    • Main Level
    Upper Level Size Sq Ft
    Bedroom  18 x 13  234 
    Bedroom 2  12 x 11  132 
    Bedroom 3  13 x 11  143 
    Main Level Size Sq Ft
    Deck  —  — 
    Dining Room  —  — 
    Flex Room  —  — 
    Bedroom 4  13 x 12  156 
    Kitchen  15 x 13  195 
    Laundry  12 x 11  132 
    Living Room  25 x 16  400 
    Lower Level Size Sq Ft
    Bar/Wet Bar Room  —  — 
    Family Room  —  — 
    Bedroom 5  —  — 

    Lake & Waterfront

    Waterfront Present: N

    Lot & Land

    Acres: 0.44
    Geolocation: 45.37699, -93.586071
    Lot Dimensions: 95 x 165 x 77 x 64 x 153
    Zoning: Residential-Single Family
    Lot Description: Tree Coverage - Medium

    Schools

    School District: 728
    District Phone: 7632413400

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $7,386
    Lender-owned: No
    Assessment Pending: Unknown
    Taxes w/ Assessments: $7,386
    Association Fee Required: Yes
    Association Fee: $145
    Association Fee Frequency: Monthly
    Association Fee Includes:
    • Professional Mgmt
    • Sewer
    • Shared Amenities
    Association Company: The Ridges of Rice Lake
    Association Company Number: 7634656548

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: Shared Septic
    Water System:
    • Shared System
    • Well

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    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.