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46747 Poss Beach Rd, Pelican Rapids, MN, 56572

4beds
3baths
2,313sqft
$875,000
$378price/sqft
$5,653/moest. monthly cost
$226,120/yrincome needed

About This Home

Exceptional opportunity on Lake Lizzie offering the perfect blend of privacy, functionality, and lakeside charm. This 5-acre property features 56 feet of sandy shoreline with a beautifully designed one level home with three bedrooms and two bathrooms, ideal for easy living and entertaining. The property also includes a separate nautical themed lakeside guest cabin with one bedroom and one bathroom. The massive 50X60 steel quonset shed with an interior heated shop provides incredible space for storage, hobbies, or business use. A rare combination of acreage, outbuilding, and lakefront lifestyle. This property has it all.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

6/10
Viking Elementary SchoolGrades PK-65.9 mi
6/10
Pelican Rapids SecondaryGrades 7-125.8 mi

Construction

Condition

  • Year built: 2003

Materials

  • Construction materials: Concrete,Frame,Steel Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Air-To-Air Exchanger,Dishwasher,Dryer,Exhaust Fan,Microwave,Range,Refrigerator,Stainless Steel Appliance(s),Washer,Wood Water Heater
  • Laundry features: Laundry Room,Main Level

Basement

  • Basement: Crawl Space

Bedroom

  • Level: Main

Bedroom2

  • Level: Main

Bedroom3

  • Level: Main

Bedroom4

  • Level: Main

Bedrooms & Bathrooms

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

Dining Room

  • Level: Main

Family Room

  • Level: Main

Features

  • Number of fireplaces: 2
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,313

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,313
  • Total interior livable area: 2,313 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Primary Bathroom

  • Level: Main

Sun Room

  • Level: Main

Walk In Closet

  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 17000310370028
  • Zoning description: Residential-Single Family
  • Other equipment: Fuel Tank - Owned
  • Foundation area: 2312

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Porch
  • Has view: Yes
  • View description: East,Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Waterfront Elevation(15-26),Lake Bottom(Hard,Sand)
  • Frontage length: Water Frontage: 56

Lot

  • Lot size: 5 Acres
  • Features: Irregular Lot
  • Lot size dimensions: E x hibit A

Parking

  • Total spaces: 4
  • Parking features: Attached,Detached Garage,Asphalt,Concrete
  • 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 $4,424$53,088
Home Insurance *$585$7,020
Property Taxes $449$5,388
Electricity $195$2,340
Total$5,653$67,836
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$193,817/yr
40% on housing$169,590/yr
45% on housing$150,746/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

$378This listing

vs Other Active Listings

Avg $/sqft

ZIP 56572$312
Otter Tail County$188

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
2026-04-30Price change$969,000
2026-03-20Listed for sale$999,000
2025-09-18Listing removed$1,095,000
2025-05-06Price change$1,095,000
2025-03-27Listed for sale$1,225,000

For Sale by Agent

AgentKarissa L. Haugen
BrokerageRE/MAX Advantage Plus

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