51021 Fish Lake Road, Unit 7, Detroit Lakes, MN 56501
2 Beds | 1 Bath | 768 Sq Ft | Single Family Home | MLS# 7082804Lakefront on Pelican Lake · 3,962 acres · 55 ft deep
Price Drop on M Markdowns — was $450,000 (↓ $15,000)
$2,915/month Estimated
- Principal & interest
- $2,200
- Property taxes
- $162
- Home insurance (est.)
- $254
- HOA dues
- $299/mo
20% down ($87,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Kohler-Stroms Res Cic 109, Detroit Lakes, MN.
About This Home
Come check out this beautifully remodeled home on Pelican Lake! This property has been updated top to bottom with a tasteful, modern aesthetic and high-end finishes throughout. Features include white oak hardwood floors, custom cabinetry, tile backsplash, new appliances, and MORE. This home has also seen numerous updates on the exterior including engineered hardwood siding, new windows, and a mini-split capable of heating as cold as -25F! Enjoy maintenance-free lake living with an association that handles it all—snow removal, lawn care, and boat slip management. Relax and make the most of the lake without the hassle. Schedule your showing with your favorite realtor today!
BuyPulse · Live market read
How 51021 Fish Lake Road Compares to the Detroit Lakes Market
At $566/sqft, this home is priced $336/sqft above the typical Detroit Lakes single-family home of $230/sqft.
The median list price in Detroit Lakes is $449,000.
Verdict: Premium Pricing
Your negotiating position
95 Strong buyer leverage
Seller's market · Balanced · Buyer leverage
Day 147 — Detroit Lakes homes overall typically go under contract by day ~22. This one is past that window.
40% of recent sales closed at or over asking — about half hold full price.
46 similar homes for sale — alternatives if they won't move.
This seller already cut $15,000 — the asking price has already moved.
Homes like this one — single-family homes between $326K and $544K in Detroit Lakes:
- The field: 46 similar Detroit Lakes homes for sale — you have options.
- Negotiation: 40% of the last 25 sales here closed at or over list — about half hold full price.
- Price cuts: 22 of 46 similar homes have trimmed asking — median trim $10,000. This one already cut $15,000.
Powered by the Realgorithm™ — 25 real Detroit Lakes closings, zero guesses · NorthstarMLS
Key Features
- Unit
- 7
- Built
- 1994
- Style
- One
- HOA
- $299/Monthly
- HOA Includes
- Lawn Care, Sewer, Snow Removal, Water
- Annual Taxes
- $1,944 (2025)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 768
- Lot Size
- 0.27 acres
- Basement
- No
- County
- Otter Tail
- List Date
- 2026-06-02
- Days on Market
- 147 days
- Parcel ID
- 17000992050000
Financial
- Total Tax incl. Assessments
- $1,944
- HOA Name
- ABT Property Management
Home Systems & Utilities
- Heating
- Baseboard, Ductless Mini-Split
- Cooling
- Ductless Mini-Split
- Water
- Well
- Sewer
- Shared Septic
Construction & Exterior
Construction & Structure
- Foundation Type
- Slab
- Foundation Area
- 768 sqft
- Total Building Area
- 768 sqft
Exterior Features
- Exterior Features
- Engineered Wood
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Gravel
Lot & Land
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
- Lake
- Pelican
- Lake Acres
- 3961.76 acres
- Lake Depth
- 55 ft
Agent & Office
- List Office
- REAL (2534 FGO)
Price History
- Price reduced to $435,000 — Jun 17, 2026
51021 Fish Lake Road, Unit 7 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 7
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 REAL (2534 FGO) · Shown by Modern Market REALTORS®
Buying a home in Detroit Lakes? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7082804 · Updated June 17, 2026
Similar Homes for Sale Near 51021 Fish Lake Road, Detroit Lakes, MN
Frequently Asked Questions About 51021 Fish Lake Road, Unit 7
- Is $435,000 a good price for a home in Detroit Lakes?
- According to BuyPulse, 51021 Fish Lake Road rates Premium Pricing — at $566/sqft it's priced 146% above the typical Detroit Lakes single-family home of $230/sqft. Its negotiating-position score is 95/100 (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.
- Does 51021 Fish Lake Road have an HOA?
- Yes, 51021 Fish Lake Road has a homeowners association with dues of $299 monthly. HOA includes: Lawn Care, Sewer, Snow Removal, Water.
- What type of heating and cooling does 51021 Fish Lake Road have?
- 51021 Fish Lake Road has Baseboard, Ductless Mini-Split heating and Ductless Mini-Split cooling.
- Where is 51021 Fish Lake Road located?
- 51021 Fish Lake Road is in the Kohler-stroms Res Cic 109 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 a slab foundation.
- How many homes like 51021 Fish Lake Road are for sale in Detroit Lakes?
- 46 similar homes (single-family homes between $326K and $544K in Detroit Lakes) are for sale right now — you have options.
- Do homes in Detroit Lakes sell for asking price?
- 40% of the last 25 comparable Detroit Lakes sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
- 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.
- 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.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/27/2026, 8:49 AM CDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.