Lori Gustafson

8550 Timberlane Loop Nw

Rice, MN
$ 535,000 Beds 5 Baths 2.5 Sq 2,905 Virtual Tour
Monthly Estimate* How much can I afford?

Come see this beautiful 5-bedroom country home in Watab Township of Benton County Minnesota. Just off HWY 10 and only minutes north of centra care plaza, Walmart, Sams club and more. This home sits on 2.5 Acres of flat land with mature trees and open space. Plenty of privacy and paved streets right up to your garage. Enjoy the lovely landscaping gardens with pond and Tiger Lillys, hydrangeas, hostas and more. Here you have room to roam and watch all the wildlife, including deer, rabbits, squirrels, chipmunks and tons of birds from the large paver patio. Only minutes from Benton County's Bend in the River Regional Park. This home has been extensively remodeled with all new carpets, and up graded bathrooms, interior paint, appliances (dishwasher, refrigerator, and washer and dryer), you will love the huge primary bedroom suite with crown molding and enormous 20x5 walk-in closet with organizers. The new well system provides constant pressure and quality soft water to enjoy. Other features just to name a few are; granite counter tops, copper sink in guest bath, large jacuzzi tub in primary bath, window blinds, additional insulation, insulated and finished attached garage, new fire door in garage, new window in garage, 6 panel solid core doors, new front porch coating both Garages have had urethane floor coatings done, many new light fixtures, upgraded electric panel and meter stack. If you need storage for your vehicles or toys the oversized 28x24 detached garage with 8 ft doors and holds two full size vehicles its insulated and heated with door openers. The new 32x14 workshop is insulated and heated and has AC and doors on both ends great for boats, jet skis and 4 wheelers. Or as a workshop combo. Both outbuildings have new 90-amp service panels and underground electric and gas installed. 30-amp exterior power outlets are on both buildings for campers etc. There is also a 10x12 Garden shed to service the 30x50 fenced in garden. There is a 20-amp 220 wire run underground to the garden area for a future irrigation well. The 5th bedroom is currently being used as a Man Cave but is compliant for a 5th bedroom. Completed Plans and Survey for new construction 2,500 SF post frame building are available. Saving you thousands. Consider scheduling a showing you won't be disappointed.

Single Family

  • Price
  • $ 535,000
  • City
  • Rice
  • Bedrooms
  • 5
  • Full Bathrooms
  • 2
  • County
  • BENTON
  • Half Bathrooms
  • 1
  • Area
  • Timberlane Estates
  • Lot Size
  • 2.518 Acres
  • Zip
  • 56367
  • Sqr Footage
  • 2,905
  • Year Built
  • 1990
  • Taxes
  • $ 4572
  • Style
  • Single Family
  • MLS#
  • 7097872
Listed By: 123 Realty
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 2905
Sewer Septic System Compliant - Yes
Heating Forced Air,Fireplace(s)
Cooling Central Air
Roof Age Over 8 Years,Architectural Shingle,Asphalt
Garage Spaces 2
Pool Features None
Construction Materials Block,Frame
Year Built 1990
Electric Circuit Breakers,200+ Amp Service
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility Grab Bars In Bathroom
County Benton
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Timberlane Estates
Other Structures Garage(s),Workshop,Storage Shed
Full Baths 1
Directions From HWY 10 go West on County Rd 79 to NE River Road turn Right and go to Timber Lan Loop NW,Turn Right Property is on the Right.
City Rice
High School District Sauk Rapids-Rice
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4572
Additional Parcels Y/N No
Virtual Tour https://video214.com/play/4WCnVTAxQSxvzEEKCuhdGA/s/dark
Standard Status Active
Lender Owned No
Amenities Unit Hardwood Floors,Hot Tub,Kitchen Window,Primary Bedroom Walk-In Closet,Natural Woodwork,Patio,Paneled Doors,Porch,Satellite Dish,Security System,Security Lights,Washer/Dryer Hookup
PostalCity Rice

Interior Features

Basement Block,Crawl Space,Egress Window(s),Finished,Partially Finished,Storage Space,Sump Basket,Sump Pump
Total Fireplaces 1
Fireplace Features Family Room,Gas
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2380
Half Baths 1
3/4 Baths 1
Laundry Features Electric Dryer Hookup,Main Level
Total Bedrooms 5
Below Grade Finished Area 525
Total Baths 3
Dining Room Description Kitchen/Dining Room,Separate/Formal Dining Room
Foundation Dimensions 51x28.5x23x8
Fuel Natural Gas
Garage Dimensions 20x21
Garage Door Width 7
Garage Square Feet 462

Exterior Features

Fencing None
Parking Features Attached Garage,Asphalt,Electric,Finished Garage,Heated Garage,Insulated Garage,Multiple Garages,Storage
Lot Features Cleared,Irregular Lot,Tree Coverage - Light,Underground Utilities
Water Source Drilled,Private
Lot Size Area 2.518
Building Area Total 3164
Lot Dimensions 543x385x387x141
Waterfront Y/N No
Foundation Area 1637
Road Frontage Type Paved Streets,Township
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

6/23/2026 Listed $557,000
7/11/2026 2% - $549,000
7/24/2026 2% - $539,000
8/14/2026 1% - $535,000

Property vs Zip Code Average in 56367

Price
AVG $570K
$540K
Taxes
AVG $3,783
$4,572
Year Built
AVG 1993
1990
Visits
AVG 134
134
Data Provided by Inside Real Estate®

Areas That We Cover

8550 Timberlane Loop Nw Rice, MN is a Single Family Home for sale at $535000 with 2905 sqft and a lot size of 2.518 Acres Acre(s). 8550 Timberlane Loop Nw Rice has 5 bedrooms, 2 baths and was built in 1990. The property's zip code is 56367 which is in Rice, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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