OFF MARKET
Google satellite image for 45848 Rice Lake Rd, Waterville, MN 56096
OFF MARKET
$1,070,338
3
bd
•
2 ba
•
1,514
sq ft

45848 Rice Lake Rd, Waterville, MN 56096

map-entry

About this home

45848 Rice Lake Rd is a 1,514 square foot house on a 80 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Waterville data, we estimate the home's value is $1,070,338.
Single-familyProperty Type
1990Year Built
80 acresLot Size
$707Est. Price/Sq.Ft.
Source:Public Records

Redfin Estimate

$1,070,338
$23K since August

This home's estimate is 123.3% higher than the average sale price ($479K) of 6 comparable homes.

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Earn from this home

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$1,699/mo
Redfin rental estimate

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Market trends in 56096, MN

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price
100.4%

+2.2% MoM

Median sale price
$302K

$28K MoM

Avg. days on market
45d

4 days MoM

Recently sold homes
18

3 MoM

New listings for sale

Provided by Redfin

Sale history for 45848 Rice Lake Rd

As the MLS and public records start to fill up, we'll list the details here.

Tax history for 45848 Rice Lake Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

A

Agriculture District

The Agriculture A District is established for areas where agriculture uses are seen as the best and highest long term use of the land. The land itself needs to be preserved for primarily agricultural activities. These areas should avoid existing cities, residential zones and subdivisions. They should be large contiguous land areas with mostly prime soils. Rezoning should only be considered on the zone's borders in order to maintain the Zoning integrity of the District. Dwellings that are allowed should be on the edges of the open farmland where possible or utilize existing abandoned farm sites. The total number of Dwellings shall not exceed 16 per section of land with the exception of Transfer of Development Right and lots of record. Transfer of development rights may be utilized to exceed the permitted housing density of 1 dwelling per quarter-quarter section 40 acres, provided that the density does not exceed 4 dwellings per quarter-quarter section in the receiving quarter-quarter section. Lots of Record shall be exempt from density standards
Permitted uses

Include but are not limited to:

  • Livestock production
  • Housing-Single unit
  • Infrastructure
  • Recreation
  • Agriculture-Cropland
  • Agriculture-Pastureland
  • Park & open space

Property details

Around this home

Schools

Waterville Elementary School

Public PreK-4 • Assigned • 8.0mi

6/10
Waterville-Elysian-Morristown Jr.

Public 7-8 • Assigned • 13.0mi

8/10
Waterville-Elysian-Morristown Sr.

Public 9-12 • Assigned • 8.0mi

6/10
Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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 100° expected this year, 15 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Waterville, MN • 56096
Average low and high temperatures (°F)
23
7
31
14
49
29
57
38
70
49
79
61
82
65
78
61
77
56
65
45
44
30
30
14
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec

Sun exposure

In this area, properties receive around 10.3 hours in June and 3.7 hours in December, which is comparable to the U.S. average for solar exposure.

10.3 hrs
3.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.02M – $1.23M

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Nearby similar homes

$770,000
4 beds3 baths3,045 sq ft
11 Cedar Point Ln NW, Elysian, MN 56028
$749,900
6 beds5 baths4,253 sq ft
20811 Ocean Rd, Janesville, MN 56048
$1,299,900
3 beds3 baths4,424 sq ft
28612 Hub Dr, Madison Lake, MN 56063
$249,900
3 beds2 baths1,250 sq ft
813 Broadway St, Cleveland, MN 56017
$499,900
5 beds3 baths2,663 sq ft
58 Balsam Ln, Madison Lake, MN 56063
$239,900
4 beds2 baths1,725 sq ft
2 S Maple Ave, Le Center, MN 56057

New listings for sale in 56096

$595,000
3 beds3 baths2,586 sq ft
46916 Glens Beach Rd, Waterville, MN 56096
$649,900
3 beds2 baths2,184 sq ft
943 Reed St N, Waterville, MN 56096

Home values near 45848 Rice Lake Rd

Data from public records.
AddressRedfin Estimate
3 Beds | 2 Baths | 1120 Sq. Ft.
—
3 Beds | 2 Baths | 1400 Sq. Ft.
$734,452
AddressRedfin Estimate
3 Beds | 2 Baths | 1816 Sq. Ft.
$417,545
4 Beds | 2 Baths | 1408 Sq. Ft.
$426,559
AddressRedfin Estimate
3 Beds | 1 Baths | 912 Sq. Ft.
$350,504
3 Beds | 1 Baths | 1428 Sq. Ft.
$314,545

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