Lake life is the best life! Weekday sunsets and weekend getaways are easy with this year round cabin just 25 minutes from Minot. This impressive lake property touts 100ft of shoreline, a cozy 1,800 sq. ft cabin with 3 bedrooms, 1.75 bath, newly finished walkout basement, a 40 x 40 shop, HUGE brand new deck, and private boat ramp! Entering the cabin you'll be welcomed by a great room with a wall of windows overlooking the water. The kitchen has new dark stainless appliances and breakfast bar - all with new quartz countertops. The dining area has double sliders leading to your deck that offers panoramic views of the lake, evening shade and protection from the predominant western winds. The living room is cozy with electric fireplace and you'll love the new modern cable railing. Two bedrooms with new carpet and 3/4 bath round out the main. The walk out basement is newly finished and has the WOW factor you're wanting! A huge third bedroom and 3/4 bath with dual sink vanity makes lake life easy. There's a finished laundry room, great room with plenty of seating and a second fireplace, as well as rec space to do as you please. Panoramic windows, finished concrete flooring and modern finishes throughout will have you sold! Did we mention the shop? You might not think you need a 40 x 40 shop, but you do! It's perfect for storing your lake toys and makes making friends easy come fall when other Rice Lakers are looking for boat storage! This is a rare chance to get on Rice Lake, especially rare with a property that has this much to offer! Call to schedule your private showing today! FAQ: Like many Rice lake properties, this cabin received water when the lake levels rose. A dike was built to the elevation of the natural outlet in the SW corner of the lake, so lake water will not be an issue in the future. In addition to the dike, drain tile and a sump pump was installed in the basement and the property has been dry since.
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Market trends in 58735, ND
Last updated July 2026
Sale-to-List Price
100.0%
0.0% MoM
Median sale price
$485K
$0 MoM
Avg. days on market
25d
0 days MoM
Recently sold homes
1
0 MoM
Provided by Redfin
Sale history for 397 Rice Lake Rd
Date
Event
Price
Public Records
Jun 17, 2022
Sold
$440,000
$242/sq ft
MMLS #220346
Jun 17, 2022
Sold
—
Mar 8, 2022
Listed
$444,000
$244/sq ft
Public Records
May 27, 2020
Sold
$270,000
$149/sq ft
MMLS #200944
May 26, 2020
Sold
—
May 7, 2020
Listed
$260,000
$143/sq ft
+25
Lake life is the best life! Weekday sunsets and weekend getaways are easy with this year round cabin just 25 minutes from Minot. This impressive lake property touts 100ft of shoreline, a cozy 1,800 sq. ft cabin with two bedrooms, one bath and an unfinished walkout basement ready to be finished as you please, a 40 x 40 shop, and private boat ramp! Entering the cabin you'll be welcomed by a great room with a wall of windows overlooking the water. The kitchen has stainless steel appliances and breakfast bar. The dining area has double sliders leading to your deck that offers panoramic views of the lake, evening shade and protection from the predominant western winds. The walk out basement is unfinished with plumbing for a future bathroom stubbed in and laundry hook ups. You might not think you need a 40 x 40 shop, but you do! It's perfect for storing your lake toys and makes making friends easy come fall when other Rice Lakers are looking for boat storage! This is a rare chance to get on Rice Lake, especially rare with a property that has this much to offer! Call to schedule your private showing today! FAQ: Like many Rice lake properties, this cabin received water when the lake levels rose. A dike was built to the elevation of the natural outlet in the SW corner of the lake, so lake water will not be an issue in the future. In addition to the dike, the seller has installed drain tile and a sump pump in the basement and has not had water since.
Public Records
Jul 7, 2017
Sold
—
Public Records
Jul 5, 2016
Sold
—
MMLS #160668
Jul 1, 2016
Sold
—
Apr 5, 2016
Listed
$140,000
$77/sq ft
+18
Great cabin located at Rice Lake. Main floor is move in ready with lots of windows and beautiful cabin feel!! Kitchen is nice size with stainless steel appliances. The lot is large with tons of parking space. Large shop built in 2010. Shop is 40 x 40. Basement is an open pallet to be finished to your liking. The basement has been thoroughly cleaned.
Public Records
Sep 29, 2008
Sold
—
Year
Property tax
Land + Additions
Assessment*
2025
$6,056 (+15.5%)
$58,500 + $160,500
$219,000
2024
$5,244 (+12.6%)
$58,500 + $160,500
$219,000
2023
$4,657 (+34.3%)
$44,000 + $146,000
$190,000
2022
$3,467 (−30.3%)
$42,000 + $89,000
$131,000
2021
$4,974 (+15.4%)
$42,000 + $85,500
$127,500
2020
$4,309 (−25.0%)
$27,500 + $69,000
$96,500
2017
$5,749 (+0.4%)
$27,500 + $69,000
$96,500
2014
$5,725
$10,500 + $77,500
$88,000
Tax history for 397 Rice Lake Rd
Year
Property tax
Land + Additions
Assessment*
2025
$6,056 (+15.5%)
$58,500 + $160,500
$219,000
2024
$5,244 (+12.6%)
$58,500 + $160,500
$219,000
2023
$4,657 (+34.3%)
$44,000 + $146,000
$190,000
2022
$3,467 (−30.3%)
$42,000 + $89,000
$131,000
2021
$4,974 (+15.4%)
$42,000 + $85,500
$127,500
2020
$4,309 (−25.0%)
$27,500 + $69,000
$96,500
2017
$5,749 (+0.4%)
$27,500 + $69,000
$96,500
2014
$5,725
$10,500 + $77,500
$88,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.