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2 Beds | 1 Bath | 480 Sq Ft | Single Family Home | MLS# 7027772
Is 51021 Fish Lake Road a Good Deal?
BuyPulse Verdict
Premium Pricing
At $562/sqft — This home is priced 143% above the typical Detroit Lakes single-family home of $232/sqft.
Your Negotiating Position
84 — Strong buyer leverage
Day 183 — Detroit Lakes homes overall typically go under contract by day ~21. This one is past that window.
41% of recent sales closed at or over asking — about half hold full price.
29 similar homes for sale — alternatives if they won't move.
Powered by the Realgorithm™ — 114 active Detroit Lakes listings · NorthstarMLS
$5,278/month Estimated
- Principal & interest
- $1,365
- Property taxes
- $149
- Home insurance (est.)
- $157
- Special assessments
- $7
- HOA dues
- $3,600/mo
20% down ($53,980) · 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.
Located in Kohler Strom's Pelican Cove, Detroit Lakes, MN.
About This Home
HUGE PRICE IMPROVEMENT AND ONLY 2 UNITS LEFT AT THIS PRICE!! Welcome to The Pelican Cove, where lake life is simplified. This new development on Pelican Lake offers a rare, turnkey opportunity to enjoy one of Minnesota’s most sought-after lakes—without the cost and complexity of traditional lake ownership. Located on the east side of Pelican Lake, this cottage community features 566 feet of shared shoreline, a sand beach, captivating sunsets, fire pits, and just 14 designated boat slips—a true scarcity on a 3,000+ acre lake. Buyers can choose from established 2-bedroom, 1-bath cabins starting at $269,900 or newly built 4-season cottages with lofts starting at $299,900. Ideal for first-time lake buyers, families upgrading from seasonal RV'S - rentals, or lake homeowners seeking additional guest space, the community is designed for connection, comfort, and flexibility. Contract for Deed options make Pelican Lake living more attainable than ever, and owners can offer these homes for rent by the month. Whether you’re looking for weekend getaways, long summer stays, or a smart investment, Pelican Cove is your easy way into Pelican Lake life—but opportunities like this don’t last long. Schedule your tour today.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $202K and $337K in Detroit Lakes:
- The field: 29 similar Detroit Lakes homes for sale — you have options.
- Negotiation: 41% of the last 22 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 22 real Detroit Lakes closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1994
- Above Grade
- 480 sq ft
- Lot Size
- 0.02 acres
- Lot Features
- Accessible Shoreline, Tree Coverage - Light
- Heating
- Baseboard
- Cooling
- Wall Unit(s)
- Appliances
- Microwave, Range, Refrigerator
- Sewer
- Holding Tank, Shared Septic
- Water
- 4-Inch Submersible, Shared System
- HOA
- $3,600/month (includes Dock, Hazard Insurance, Lawn Care, Other, Maintenance Grounds, Snow Removal)
- Annual Taxes
- $1,785
- Special Assessments
- $85
- County
- Otter Tail
- Days on Market
- 183
51021 Fish Lake Road, Unit #9 is listed in Detroit Lakes, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 51021 Fish Lake Road, Unit #9
Shannon Barnum
Associate Broker · Modern Market REALTORS®
Your Detroit Lakes real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Counselor Realty Detroit Lakes · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7027772 · Data refreshed August 29, 2026
Similar Homes for Sale Near 51021 Fish Lake Road, Detroit Lakes, MN
Frequently Asked Questions About 51021 Fish Lake Road, Unit #9
- Is $269,900 a good price for a home in Detroit Lakes?
- According to BuyPulse, 51021 Fish Lake Road rates Premium Pricing — at $562/sqft it's priced 143% above the typical Detroit Lakes single-family home of $232/sqft. Its negotiating-position score is 84/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Detroit Lakes homes are closing versus list. Powered by the Realgorithm™. Browse Detroit Lakes homes for sale to compare.
- What are the special assessments at 51021 Fish Lake Road — and what do they mean?
- This property has $85/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 $1,785/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 51021 Fish Lake Road have an HOA?
- Yes, 51021 Fish Lake Road has a homeowners association with dues of $3,600 annually. HOA includes: Dock, Hazard Insurance, Lawn Care, Other, Maintenance Grounds, Snow Removal.
- What type of heating and cooling does 51021 Fish Lake Road have?
- 51021 Fish Lake Road has Baseboard heating and Wall Unit(s) cooling.
- Where is 51021 Fish Lake Road located?
- 51021 Fish Lake Road is in the Kohler Strom's Pelican Cove neighborhood of Detroit Lakes, MN 56501, in Otter Tail County.
- Is 51021 Fish Lake Road still available?
- Yes — 51021 Fish Lake Road is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 51021 Fish Lake Road built?
- 51021 Fish Lake Road was built in 1994. It features an asphalt roof and a other, slab foundation.
- How walkable is 51021 Fish Lake Road?
- 51021 Fish Lake Road has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 16/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 51021 Fish Lake Road are for sale in Detroit Lakes?
- 29 similar homes (single-family homes between $202K and $337K in Detroit Lakes) are for sale right now — you have options.
- Do homes in Detroit Lakes sell for asking price?
- 41% of the last 22 comparable Detroit Lakes sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
- What does "BuyPulse" mean?
- BuyPulse is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
- What does "Realgorithm™" mean?
- The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Detroit Lakes area.