2006 townhouse for sale at 16418 Park Estates Drive in Brainerd, MN — 3 bed, 2 bath (photo 1 of 42)

16418 Park Estates Drive — Townhouse, Brainerd, MN 56401

3 Beds | 2 Baths | 2,032 Sq Ft | Townhouse | MLS# 7034929

Price Reduced — was $525,000 (↓ $25,000) · M Markdowns

$500,000

Is 16418 Park Estates Drive a Good Deal?

BuyPulse Verdict

Premium Pricing

At $246/sqft — This home is priced 35% above the typical Brainerd townhome of $182/sqft.

Powered by the Realgorithm™ — 5 active Brainerd listings · NorthstarMLS

$3,445/month Estimated

Principal & interest
$2,528
Property taxes
$223
Home insurance (est.)
$292
Special assessments
$2
HOA dues
$400/mo

20% down ($100,000) · 30-yr fixed, 6.5% · Can I afford this home?

Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.

Brainerd, MN Active
Offer-Ready57/100Top 2% for leverage

50 earns the badge · a typical active home here scores ~13

This home has sat well past the local pace — time is working in a buyer's favor.

  • 166 days on market — more than double the usual 57 days
  • Price cut 4.8% (−$25,000)
  • No negative signals found in the listing history

MMR track record: Offer-Ready homes closed a median 11% below their highest asking price — vs 3% for non-flagged reduced homes. MMR analysis of 19 vs 429 NorthstarMLS sales, updated monthly.

Offer-Ready Score is a Modern Market REALTORS® calculation from NorthstarMLS listing data — not MLS-provided data.

Located in CIC 1076, Brainerd, MN.

About This Home

Welcome to maintenance free living on beautiful Clearwater Lake. This well-maintained 3 bedroom, 2 bathroom home includes a versatile flex room suitable for office, hobby room or additional bunk room. Located in the desirable Park Estates community on Clearwater Lake this home features upgraded kitchen amenities, vaulted ceiling and modern finishes with tile and natural woodwork throughout. With a seamless flow into spacious living areas this home is ideal for both everyday living or weekend getaways. The expansive unfinished lower level offers excellent potential for future equity, with space to add an additional bedroom, family room and bathroom. Enjoy association access to 9.5 manicured acres and 465 feet on beautiful Clearwater Lake, along with, shared garden area and hiking trails. The lakeside community room with nearby restrooms available for gatherings of family and friends. This townhome includes a deeded boat slip, A wonderful opportunity to enjoy comfort, space, and lake access in a prime location.

Virtual Tour

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Key Features

Property Type
(TH) Side x Side
Year Built
2006
Above Grade
2,032 sq ft
Lot Size
0.06 acres
Lot Features
Tree Coverage - Medium
Garage
2-car attached (Attached Garage)
Heating
Forced Air
Cooling
Central Air
Basement
Yes
Appliances
Air-To-Air Exchanger, Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Sewer
Septic System Compliant - Yes, Shared Septic
Water
Drilled
HOA
$400/month (includes Beach Access, Building Exterior, Dock, Lawn Care, Maintenance Grounds, Sewer, Snow Removal)
Annual Taxes
$2,677
Special Assessments
$25
County
Crow Wing
Days on Market
165

16418 Park Estates Drive is listed in Brainerd, MN, part of Crow Wing County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 16418 Park Estates Drive

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Brainerd real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by Edina Realty, Inc. · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7034929 · Data refreshed July 30, 2026

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Frequently Asked Questions About 16418 Park Estates Drive

Is $500,000 a good price for a home in Brainerd?
According to BuyPulse, 16418 Park Estates Drive rates Premium Pricing — at $246/sqft it's priced 35% above the typical Brainerd townhome of $182/sqft. Powered by the Realgorithm™. Browse Brainerd homes for sale to compare.
What are the special assessments at 16418 Park Estates Drive — and what do they mean?
This property has $25/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $2,677/yr. Always factor both into your total monthly housing cost before making an offer.
Does 16418 Park Estates Drive have a basement?
Yes, 16418 Park Estates Drive has a basement.
Does 16418 Park Estates Drive have an HOA?
Yes, 16418 Park Estates Drive has a homeowners association with dues of $400 monthly. HOA includes: Beach Access, Building Exterior, Dock, Lawn Care, Maintenance Grounds, Sewer, Snow Removal.
What type of heating and cooling does 16418 Park Estates Drive have?
16418 Park Estates Drive has Forced Air heating and Central Air cooling.
Where is 16418 Park Estates Drive located?
16418 Park Estates Drive is in the Cic 1076 neighborhood of Brainerd, MN 56401, in Crow Wing County.
Is 16418 Park Estates Drive still available?
Yes — 16418 Park Estates Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 16418 Park Estates Drive built?
16418 Park Estates Drive was built in 2006. It features block, frame construction and a block foundation.
Does 16418 Park Estates Drive have main-floor laundry?
Yes — the laundry at 16418 Park Estates Drive is on the main level.
What does "M Markdowns" mean?
M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.

Local Companies to Help You Settle In

From inspection to closing to moving day, here are well-known local companies serving the Brainerd area.