Active Real Estate Listings in Lost River
Browse the latest homes for sale in Lost River, Horace. Discover premium estate-sized lots, properties zoned for Horace High School, and custom-built luxury homes eligible for our Max Abatement Strategy.
Lost River Horace: 2026 Strategy & Estate Guide
Lost River is the premier "Legacy Asset" corridor in Horace. Based on our full-year 2025 market audit, this neighborhood commands a $610,099 median sold price, reflecting its position as a high-end estate community. Defined by its riparian scarcity and wooded Sheyenne River frontage, Lost River offers a level of privacy and custom architectural freedom that remains unmatched in the Fargo-Moorhead metro.
2025-2026 Neighborhood Performance
Home Wealth: Estate Taxes & Utility Audit
| Metric | 2025-2026 Audit Stats | Buyer Strategy |
|---|---|---|
| Special Assessments | $41,876 (Median) | Funds premium estate-tier infrastructure |
| Lot Scarcity | High (River/Wooded) | Natural hedge against suburban inflation |
| Market Segment | Premium / Custom | Lower volatility than entry-level sectors |
| Exit Timeline | Buy & Hold (7-10 Year) | Prioritizes capital preservation |
Location Check: Drive Times
Setup: Local Utilities & Links
| Fiber Internet | ReadiTech Fiber | 701-347-2020 |
| Electricity | Cass County Electric | 701-356-4400 |
| Natural Gas | Xcel Energy | 800-895-4999 |
| City Services | City of Horace | 701-492-2972 |
School District Info
Students in Lost River attend Horace Elementary, Heritage Middle, and Horace High School.
Neighborhood Expert & Market FAQ
Lost River is one of the few developments in the metro offering river-adjacent custom lots with wooded privacy. In a rapidly expanding city like Horace, this riparian scarcity acts as a natural long-term hedge against price volatility.
Luxury custom homes typically have a longer Days on Market (DOM) cycle. We recommend Lost River for "Buy-and-Hold" investors and families planning a 7-10 year ownership window to maximize equity capture.
Yes. Primary residents qualify for the $1,600 property tax credit. When combined with Horace's 2-year abatement on new construction, it provides significant carry-cost relief for high-value custom footprints.
The median balance is approximately $41,876. While significant, it is lower than the newest high-density spec additions, as Lost River phases have begun to mature, reducing the remaining municipal debt load.
Lost River is anchored in the flagship "Hawk Track." Residents utilize Horace Elementary, Heritage Middle School, and Horace High School, which are all within a 3-minute drive.