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51509 County Highway 9, Pelican Rapids, MN, 56572

4beds
3baths
3,680sqft
$1,081,000
$294price/sqft
$7,073/moest. monthly cost
$282,920/yrincome needed

About This Home

PELICAN LAKE This spacious 2020 built home is situated on 1.35 ac with 150 ft frontage. The 3,680 sq. ft 4-bedroom home is stick built on slab with in-floor heat. Custom woodwork though out that includes Black Walnut, Knotty Alder, & Knotty Pine. Other features are high tiered Quartz & Granite counter tops. The beautiful kitchen has stainless appliances & a large quartz island. Open floor plan! Great for entertaining! The living room has vaulted 21 ft ceilings allowing for plenty of sunshine and lake views. The upstairs features a living room, three bedrooms, a bathroom, and a loft sitting area. The attached garage/shop is 40’ x 60’ with in-floor heat, an office, a bathroom & 3 large, oversized garage doors. The lake shore has nice depth and a hard bottom. Natural gas! 3 Parcels! See Seller Additional Information List in Documents.

Getting Around

6
WalkingCar-Dependent
0
TransitVery Limited Transit
20
BikeSomewhat Bikeable

Schools

6/10
Viking Elementary SchoolGrades PK-610.2 mi
6/10
Pelican Rapids SecondaryGrades 7-1210.0 mi

Construction

Condition

  • Year built: 2020

Materials

  • Roof: Age 8 Years or Less,Metal
  • Construction materials: Post and Beam,Frame,Steel Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Dishwasher,Double Oven,Dryer,Water Osmosis System,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Tankless Water Heater,Washer,Wine Cooler
  • Laundry features: Laundry Room,Main Level,Sink

Basement

  • Basement: None

Bedroom

  • Level: Main

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Upper

Bedroom4

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main

Family Room

  • Level: Upper

Features

  • Fireplace features: Other
  • Finished area below ground: 0
  • Finished area above ground: 3,680

Garage

  • Level: Main

Heating & Cooling

  • Heating features: Boiler,Ductless Mini-Split,In-Floor Heating,Radiant,Zoned
  • Cooling features: Ductless Mini-Split

Interior Area

  • Total structure area: 3,680
  • Total interior livable area: 3,680 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Office

  • Level: Main

Patio

  • Level: Main

Utility Room

  • Level: Main

Workshop

  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 55000990302000
  • Zoning description: Shoreline,Residential-Single Family
  • Foundation area: 2400

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Covered,Patio
  • Has view: Yes
  • View description: Lake,South
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Deeded Access,Lake Front,Lake Bottom(Hard)
  • Frontage length: Water Frontage: 150

Lot

  • Lot size: 1.35 Acres
  • Features: Accessible Shoreline,Tree Coverage - Light
  • Lot size dimensions: 150 x

Parking

  • Total spaces: 4
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

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

  • Winter Weather
    Winter WeatherVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Winter Weather
Cold Wave
Inland Flooding
Strong Wind
Tornado
Hail
Wildfire

FEMA Declared Disasters in Otter Tail 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 $5,466$65,592
Home Insurance *$723$8,676
Property Taxes $574$6,888
Electricity $310$3,724
Total$7,073$84,876
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$242,502/yr
40% on housing$212,190/yr
45% on housing$188,613/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: 12.3%
12.3%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$294This listing

vs Other Active Listings

Avg $/sqft

ZIP 56572$318
Otter Tail County$189

vs Homes Sold Last Month

Median $/sqft

ZIP 56572$225
Otter Tail County$152

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
2026-05-02Listed for sale$1,150,000
2026-03-31Listing removed$1,150,000
2025-12-11Listed for sale$1,150,000
2025-12-02Listing removed$1,150,000
2025-10-22Price change$1,150,000
2025-06-01Listed for sale$1,200,000
2018-12-21Sold$110,000
2018-12-06Pending sale$125,000
2018-11-21Price change$125,000
2018-10-10Price change$149,000
2018-07-20Price change$169,000
2018-04-28Listed for sale$189,000
2017-12-31Listing removed$200,000
2017-08-25Price change$200,000
2016-08-02Listed for sale$250,000

For Sale by Agent

AgentStacy Scott
BrokerageCounselor Realty Detroit Lakes

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