51021 Fish Lake Road, Unit 9, Detroit Lakes, MN 56501
2 Beds | 1 Bath | 480 Sq Ft | Single Family Home | MLS# 7027772Lakefront on Pelican Lake · 3,962 acres · 55 ft deep
Price Drop on M Markdowns — was $295,000 (↓ $25,100)
$1,978/month Estimated
- Principal & interest
- $1,365
- Property taxes
- $149
- Home insurance (est.)
- $157
- Special assessments
- $7
- HOA dues
- $300/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.
50 earns the badge · a typical active home here scores ~9
This home has sat well past the local pace — time is working in a buyer's favor.
- 236 days on market — more than triple the usual 70 days
- Price cut 8.5% (−$25,100)
- No negative signals found in the listing history
MMR track record: Offer-Ready homes closed a median 12% below their highest asking price — vs 3% for non-flagged reduced homes. MMR analysis of 79 vs 998 NorthstarMLS sales, updated monthly.
How the 0–100 Offer-Ready Score works →
Offer-Ready Score is a Modern Market REALTORS® calculation from NorthstarMLS listing data — not MLS-provided data.
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.
Virtual Tour
BuyPulse · Live market read
How 51021 Fish Lake Road Compares to the Detroit Lakes Market
At $562/sqft, this home is priced $324/sqft above the typical Detroit Lakes single-family home of $238/sqft.
The median list price in Detroit Lakes is $459,000.
Verdict: Premium Pricing
Your negotiating position
92 Strong buyer leverage
Seller's market · Balanced · Buyer leverage
Day 235 — Detroit Lakes homes overall typically go under contract by day ~20. This one is past that window.
47% of recent sales closed at or over asking — about half hold full price.
25 similar homes for sale — alternatives if they won't move.
This seller already cut $25,100 — motivation showing.
Homes like this one — single-family homes between $202K and $337K in Detroit Lakes:
- The field: 25 similar Detroit Lakes homes for sale — you have options.
- Negotiation: 47% of the last 15 sales here closed at or over list — about half hold full price.
- Price cuts: 15 of 25 similar homes have trimmed asking — median trim $10,000. This one already cut $25,100.
Powered by the Realgorithm™ — 15 real Detroit Lakes closings, zero guesses · NorthstarMLS
Key Features
- Unit
- 9
- Built
- 1994
- Style
- One
- HOA
- $3,600/Annually
- HOA Includes
- Dock, Hazard Insurance, Lawn Care, Other, Maintenance Grounds, Snow Removal
- Annual Taxes
- $1,785 (2025)
- Specials/yr
- $85
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 480
- Lot Size
- 0.02 acres
- Basement
- No
- Roof
- Asphalt
- County
- Otter Tail
- List Date
- 2026-02-27
- Days on Market
- 235 days
- Parcel ID
- 17000992052000
Financial
- Total Tax incl. Assessments
- $1,870
- Specials Pending
- No
- HOA Name
- ABT Property Management
Home Systems & Utilities
- Heating
- Baseboard
- Cooling
- Wall Unit(s)
- Water
- 4-Inch Submersible, Shared System
- Sewer
- Holding Tank, Shared Septic
- Appliances
- Microwave, Range, Refrigerator
Interior Features
- Laundry
- None
Construction & Exterior
Construction & Structure
- Foundation Type
- Other, Slab
- Foundation Area
- 480 sqft
- Total Building Area
- 480 sqft
Exterior Features
- Exterior Features
- Engineered Wood
- View
- Lake
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Unassigned
Lot & Land
- Lot Features
- Accessible Shoreline, Tree Coverage - Light
- Road Surface
- County Road, Township
- Zoning Description
- Shoreline
Waterfront
- Waterfront
- Yes
- Lake
- Pelican
- Lake Acres
- 3961.76 acres
- Lake Depth
- 55 ft
Agent & Office
- List Office
- Counselor Realty Detroit Lakes
Price History
Reduced $25,100 (8.5%)
- Price reduced to $295,000 — Jun 3, 2026
- Price reduced to $269,900 — Jul 24, 2026
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
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 September 15, 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 136% above the typical Detroit Lakes single-family home of $238/sqft. Its negotiating-position score is 92/100 (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.
What special assessments cost in Fargo-Moorhead — live figures on every home for sale.
- 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?
- 25 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?
- 47% of the last 15 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 10/20/2026, 8:19 PM 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.
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