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2882 Rice Creek Ter, New Brighton, MN, 55112

5beds
4baths
3,016sqft
$625,000
$207price/sqft
$4,651/moest. monthly cost
$186,040/yrincome needed

About This Home

Welcome to 2882 Rice Creek Terrace in New Brighton, where thoughtful updates, spacious living, and a private setting come together in this beautifully renovated 5-bedroom, 4-bathroom home situated on an impressive .60-acre lot. Offering an ideal combination of size, functionality, and modern finishes, this move-in-ready property provides plenty of room for both everyday living and entertaining. The heart of the home is the stunning new kitchen featuring custom cabinetry, elegant quartz countertops, and new appliances. Extensive updates throughout include a brand-new roof, updated plumbing, new electrical outlets and fixtures, new AC, new interior doors and trim, luxury vinyl plank flooring, and new carpet, giving the home a fresh, modern feel from top to bottom. Designed with convenience in mind, the spacious main level offers three bathrooms, main-floor laundry, and a cozy fireplace that creates a warm and inviting atmosphere. Large windows fill the home with natural light, while the thoughtful floor plan provides comfortable living spaces for families of all sizes. The finished walkout lower level significantly expands the living area and offers endless possibilities for a family room, recreation space, home office, exercise room, or guest accommodations. Step outside to enjoy the large, private backyard on a rare .60-acre lot, providing exceptional space for entertaining, outdoor activities, gardening, or simply relaxing in your own backyard retreat. With 5 bedrooms, 4 bathrooms, a beautifully remodeled interior, finished walkout basement, main-level living amenities, and a large private yard, this exceptional New Brighton home offers the space, updates, and lifestyle today’s buyers are looking for. Conveniently located near parks, trails, shopping, dining, and major commuting routes, this is a rare opportunity to own a turnkey home on one of the area’s larger lots.

Getting Around

56
WalkingSomewhat Walkable
31
TransitSome Transit
53
BikeBikeable

Schools

5/10
6/10
Edgewood Middle SchoolGrades 6-81.1 mi
8/10

Construction

Condition

  • Year built: 1971

Materials

  • Roof: Age 8 Years or Less,Asphalt

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Range,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Finished,Full,Walk-Out Access

Bedroom

  • Level: Main
  • Area: 216.46
  • Dimensions: 13.7x15.8

Bedroom2

  • Level: Main
  • Area: 159.12
  • Dimensions: 10.2x15.6

Bedroom3

  • Level: Main
  • Area: 123.76
  • Dimensions: 10.4x11.9

Bedroom4

  • Level: Lower
  • Area: 175.38
  • Dimensions: 11.10x15.8

Bedroom5

  • Level: Lower
  • Area: 215.73
  • Dimensions: 14.10x15.3

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 1
  • 3/4 bathrooms: 3

Dining Room

  • Level: Main
  • Area: 232.3
  • Dimensions: 23x10.10

Features

  • Number of fireplaces: 2
  • Fireplace features: Electric
  • Fireplace: Yes
  • Finished area below ground: 1,086
  • Finished area above ground: 1,930

Foyer

  • Level: Main
  • Area: 99.36
  • Dimensions: 21.6x4.6

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,016
  • Total interior livable area: 3,016 sqft

Kitchen

  • Level: Main
  • Area: 136.77
  • Dimensions: 14.10x9.7

Laundry

  • Level: Main
  • Area: 26
  • Dimensions: 10x2.6

Living Room

  • Level: Main
  • Area: 344
  • Dimensions: 21.5x16

Recreation Room

  • Level: Lower
  • Area: 475.58
  • Dimensions: 30.1x15.8

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 183023240008
  • Zoning description: Residential-Single Family
  • Foundation area: 1930

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 0.69 Acres
  • Lot size dimensions: Irregular

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Tornado
Heat Wave
Inland Flooding
Winter Weather

FEMA Declared Disasters in Ramsey County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,160$37,920
Home Insurance *$366$4,392
Property Taxes $871$10,452
Electricity $254$3,052
Total$4,651$55,812
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$159,462/yr
40% on housing$139,530/yr
45% on housing$124,026/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.1%
2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$207This listing

vs Other Active Listings

Avg $/sqft

ZIP 55112$162
Ramsey County$166

vs Homes Sold Last Month

Median $/sqft

ZIP 55112$194
Ramsey County$198

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-30Price change$625,000
2026-07-24Price change$635,000
2026-07-13Price change$655,000
2026-07-08Price change$665,000
2026-06-23Price change$675,000
2026-06-18Listed for sale$699,900
2025-12-15Sold$375,000

For Sale by Agent

AgentMark P. Abdel
BrokerageRE/MAX Advantage Plus

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