12572 224th Court NW Elk River, MN 55330

$525,000
Active
estimated monthly payment
5 Beds  |  4 Baths  |  3,563 Sq Ft  |  Single Family  |  MLS # 7157828
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About The Listing

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 courtesy of Heather G Peterson, Coldwell Banker Realty
Purchase Price
Loan Type
Down Payment
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
Private Mortgage Insurance
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Active
Contingency Type: Sale of Another Property
Year Built: 2005
MLS #: 7157828
Bedrooms: 5
Square Feet: 3,563
Bathrooms (Full): 2
Price Per Square Foot: $147
Bathrooms (Half) : 1
Bathrooms (Three Quarters) : 1
Garage Spaces: 3
Parking Description: Attached Garage, Asphalt, Garage Door Opener, Heated Garage
Sewer Description: Shared Septic
Air Conditioning Type: Central Air
Water: Shared System, Well
Heat Type: Forced Air
Basement: Drain Tiled, Egress Window(s), Finished
Foundation Type: Block
Construction Description: Block
Roof Description: Age 8 Years or Less, Asphalt
Days On Market (Continuous): 92
Disability Features: None
Latest Update: 10/19/2026
List Date: 10/12/2026
Listing Agent ID: 816011662
Listing Office: Coldwell Banker Realty
Listing Office ID: 7750
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Water Osmosis System, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Fireplace Features: Gas, Living Room, Stone
Laundry Features: Laundry Room, Main Level
Number of Fireplaces: 1
Exterior Features: Stone
Fence: None
Lot Dimensions: 95x165x77x64x153
Lot Size: 0.44 Acres
Pool Description: None
Lot Features: Tree Coverage - Medium
School District: Elk River
Tax Year: 2026
HOA: The Ridges of Rice Lake
Estimated Taxes: $7,386
HOA Fee: 145.0
Contingency Type: Sale of Another Property
HOA Frequency: Monthly
HOA Fee Inclusions: Professional Mgmt, Sewer, Shared Amenities
HOA Requirment: 1
City: Elk River
Zip: 55330
County: Sherburne
Subdivision: The Ridges Of Rice Lake Cic #21
State: MN

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Listing last updated: 10/19/26

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