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22329 Watson Cir NW, Elk River, MN, 55330

2beds
2baths
1,772sqft
$499,900
$282price/sqft
$3,505/moest. monthly cost
$140,200/yrincome needed

About This Home

Welcome to this beautifully "shows like a new model" home located in the sought after Ridges of Rice Lake Neighborhood. From the moment you drive into this neighborhood you will feel the serenity and peacefulness by the beauty, abundance of wildlife, the wooded backdrop, walking trails leading to a private park setting with a gazebo and skating rink (winter time). The feeling of being far away from the hustle and bustle of City life, yet conveniently located with easy access to major roadways, shopping, restaurants and all the Elk River amenities has to offer. This beautiful rambler with its open floor plan, hardwood floors, fireplace, custom cabinets, large pantry, a chefs dream kitchen, main floor laundry, lots of windows bringing in the natural light as well as the beauty from outside to the inside will have you never wanting to leave home. The unfinished lower level is a perfect blank canvas to expand your living space and design exactly what you need and want. You will find yourself being drawn outdoors to the beautiful patio, listening to the waterfall featured in the the pond abundance of plants, the sounds of the birds welcoming you to your new home. Don't miss this rare chance to be part of this beautiful neighborhood.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

8/10
6/10
8/10

Construction

Condition

  • Year built: 2003

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer,Water Softener Owned
  • Laundry features: Main Level,Sink

Basement

  • Has basement: Yes
  • Basement: Drain Tiled,Egress Window(s),Full,Unfinished

Bedroom

  • Level: Main
  • Area: 234
  • Dimensions: 18x13

Bedroom2

  • Level: Main
  • Area: 171
  • Dimensions: 15x11.4

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: Main
  • Area: 165
  • Dimensions: 15x11

Features

  • Number of fireplaces: 1
  • Fireplace features: Gas,Living Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,772

Heating & Cooling

  • Heating features: Forced Air,Fireplace(s)
  • Cooling features: Central Air

Interior Area

  • Total structure area: 3,544
  • Total interior livable area: 1,772 sqft

Kitchen

  • Level: Main
  • Area: 165
  • Dimensions: 15x11

Living Room

  • Level: Main
  • Area: 270
  • Dimensions: 18x15

Sitting Room

  • Level: Main
  • Area: 120
  • Dimensions: 12x10

Walk In Closet

  • Level: Main
  • Area: 64
  • Dimensions: 10x6.4

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 75006720375
  • Zoning description: Residential-Single Family
  • Foundation area: 1772

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Patio

Lot

  • Lot size: 0.50 Acres
  • Features: Tree Coverage - Heavy
  • Lot size dimensions: 137 x 160 x 118 x 182

Parking

  • Total spaces: 3
  • Parking features: Attached,Asphalt
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Lightning
    LightningModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Cold Wave
Hail
Lightning
Wildfire
Winter Weather

FEMA Declared Disasters in Sherburne 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 *$266$3,192
Property Taxes $542$6,504
Electricity $170$2,050
Total$3,505$42,060
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$120,171/yr
40% on housing$105,150/yr
45% on housing$93,466/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: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 4.3%
4.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$282This listing

vs Other Active Listings

Avg $/sqft

ZIP 55330$178
Sherburne County$176

vs Homes Sold Last Month

Median $/sqft

ZIP 55330$187
Sherburne County$175

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
2026-07-29Price change$499,900
2026-07-16Price change$519,900
2026-06-24Listed for sale$534,900
2014-08-29Sold$272,500
2003-02-28Sold$71,900

For Sale by Agent

AgentJames J Singewald
BrokerageRE/MAX Results

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