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48818 Old River Bluff Rd, Saint Peter, MN, 56082

5beds
3baths
3,328sqft
$499,900
$150price/sqft
$3,441/moest. monthly cost
$137,640/yrincome needed

About This Home

Beautifully renovated and back on the market! Country living and convenience collide perfectly in this 5 bedroom, 3 bath, 6 stall rambler that is perched perfectly to take advantage of the gorgeous Minnesota River valley views, and even has it's own stream running along the property! Located just minutes from Mankato in rural St. Peter, the easy access to Hwy 169 makes getting into town a breeze, and the massive heated 2250 square foot garage is perfect for storing all of the toys you can imagine with room for a workshop! With over 3300 square feet to spread out in the home itself, the large living room and maintenance free deck were designed to capture the tranquil views of the river valley, and the custom bar, solid wood support beams, and cozy family room downstairs are ideal for gathering and relaxing. With a private primary 3/4 bath, and 2 additional baths, everyone can be happy with the space afforded. You are going to fall in love with the completely renovated main level with a brand new kitchen, stainless appliances, new lighting, gorgeous LVT flooring, new carpeting, extended primary suite with a double closet, fresh paint and so much more! Newer HVAC, brand new water heater, compliant septic, and well cared for through and through. Large TV in family room, all appliances and the storage shed and chicken coop in the backyard are all included in the sale! Schedule your tour today to experience this wonderful property today!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

6/10
Hoover Elementary SchoolGrades K-55.0 mi
8/10

Construction

Condition

  • Property condition: Previously Owned
  • Year built: 1981

Materials

  • Roof: Asphalt
  • Construction materials: Frame/Wood,Steel Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch/Rambler (L)
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Disposal,Dryer,Range,Washer,Gas Water Heater
  • Laundry features: Washer/Dryer Hookups,Main Level

Basement

  • Has basement: Yes
  • Basement: Drainage System,Egress Windows,Finished,Sump Pump,Block,Full

Bedroom

  • Level: Main
  • Area: 210

Bedroom1

  • Level: Main
  • Area: 154

Bedroom2

  • Level: Lower
  • Area: 160

Bedroom3

  • Level: Lower
  • Area: 165

Bedroom4

  • Level: Lower
  • Area: 120

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 2
  • Main level bathrooms: 3
  • Main level bedrooms: 5

Dining Room

  • Features: Combine with Living Room,Open Floorplan
  • Level: Main
  • Area: 256

Family Room

  • Level: Lower
  • Area: 437

Features

  • Broadband Available,Ceiling Fan(s),Natural Woodwork,Bath Description: Full Basement,Main Floor Full Bath,Private Primary,Main Floor Bedrooms,3+ Same Floor Bedrooms(L)
  • Window features: Double Pane Windows,Window Coverings
  • Fireplace features: Gas
  • Fireplace: Yes
  • Finished area below ground: 1,564
  • Finished area above ground: 1,664

Heating & Cooling

  • Heating features: Fireplace(s),Forced Air,Propane - Tank Owned
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,228
  • Total interior livable area: 3,328 sqft

Kitchen

  • Level: Main
  • Area: 208

Living Room

  • Level: Main
  • Area: 368

Property

Details

  • Parcel number: 01.013.1005
  • Other equipment: Fuel Tank-Rented,Sump Pump
  • Foundation area: 1664

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Patio
  • On waterfront: Yes
  • Waterfront features: Creek/Stream
  • Waterbody name: Creek/Stream
  • Frontage type: Waterfront
  • Frontage length: Water Frontage: 400

Lot

  • Lot size: 10.08 Acres
  • Features: Irregular Lot,Landscaped,Ravine,Tillable,Many Trees
  • Lot size dimensions: 439,085 sq feet

Parking

  • Total spaces: 6
  • Parking features: Gravel,Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6

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 WaveVery High
  • Hail
    HailVery High
  • Inland Flooding
    Inland FloodingVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Winter Weather
    Winter WeatherVery High
  • Drought
    DroughtModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Cold Wave
Hail
Inland Flooding
Strong Wind
Tornado
Winter Weather
Drought
Heat Wave
Ice Storm

FEMA Declared Disasters in Nicollet 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 $2,527$30,324
Home Insurance *$201$2,412
Property Taxes $433$5,196
Electricity $280$3,368
Total$3,441$41,292
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$117,977/yr
40% on housing$103,230/yr
45% on housing$91,760/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: 11.5%
11.5%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$150This listing

vs Other Active Listings

Avg $/sqft

ZIP 56082$146
Nicollet County$140

vs Homes Sold Last Month

Median $/sqft

ZIP 56082
Nicollet County

Current Market Trends

No market data available for this area

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-08Listed for sale$550,000
2025-12-12Listing removed$499,900
2025-10-26Price change$499,900
2025-10-07Price change$519,700
2025-09-26Price change$524,900
2025-09-05Listed for sale$525,000

For Sale by Agent

AgentJeremy Kolars
BrokerageRealty Executives Associates

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