2171 A 21 1/8 Street, Rice Lake, WI, 54868
About This Home
Nestled in the desirable Hiawatha Park area along the scenic Red Cedar River with direct access to the main body of Rice Lake, this charming waterfront property offers beautiful views and a peaceful setting. Set on four lots with approximately 199 feet of river frontage, this property provides an exceptional amount of space, privacy, and future potential. The expansive lot configuration offers opportunities for recreation, landscaping, or future improvements, while the attractive frontage with gently moving water and the undeveloped shoreline across the river create a peaceful, natural setting.The cozy home features two bedrooms, one bathroom, and a full basement with limited finished areas, making it an ideal cabin, year-round residence, or investment property. Whether you're looking to enjoy the home as it is or explore additions, remodeling, or other improvements, this unique waterfront property offers outstanding potential in one of Rice Lake's most desirable locations.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: 21+ Years
- Year built: 1968
Materials
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Freezer,Range/Oven,Washer
Basement
- Has basement: Yes
- Basement: Full,Partially Finished,Concrete
Bedroom2
- Level: Main
- Area: 110
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Family Room
- Level: Lower
- Area: 220
Features
- Window features: Some window coverings
- Finished area below ground: 415
- Finished area above ground: 956
Heating
- Heating features: Natural Gas,Forced Air
Interior Area
- Total structure area: 1,371
- Total interior livable area: 1,371 sqft
Kitchen
- Level: Main
- Area: 121
Living Room
- Level: Main
- Area: 209
Master Bedroom
- Level: Main
- Area: 143
Property
Details
- Parcel number: 038408947000
- Zoning: Recreational
- Exclusions: Excluded:sellers Personal
Features
- Levels: One
- Stories: 1
- On waterfront: Yes
- Waterfront features: 101-199 feet,Bottom-Gravel,Bottom-Sand,Lake,Waterfront
- Waterbody name: Rice Lake/Red Cedar River
- Living area range: 1251-1500
Lot
- Lot size: 0.68 Acres
- Lot size dimensions: 200 x 125 x 199 x 125
Parking
- Total spaces: 2
- Parking features: 2 Car,Attached,Garage Door Opener
- 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
- Hail
- Lightning
- Strong Wind
- Tornado
- Heat Wave
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Wisconsin Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,996 | $23,952 |
| Home Insurance * | $240 | $2,880 |
| Property Taxes | $401 | $4,812 |
| Electricity | $171 | $2,054 |
| Total | $2,808 | $33,696 |
Income You'd Need if You Spent...
Wisconsin FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-12 | Price change | $359,900 |
| 2026-07-17 | Listed for sale | $394,900 |
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