2004 single family home for sale at 15861 Fortune Drive in Park Rapids, MN — 7 bed, 3 bath

15861 Fortune Drive, Park Rapids, MN 56470

7 Beds | 3 Baths | 4,338 Sq Ft | Single Family Home | MLS# 6824302

Price Reduced — was $342,000 (↓ $6,000) · M Markdowns

$336,000

Is 15861 Fortune Drive a Good Deal?

BuyPulse Verdict

Excellent Value

At $77/sqft — This home is priced 64% below the typical Park Rapids single-family home of $216/sqft.

Powered by the Realgorithm™ — 69 active Park Rapids listings · NorthstarMLS

$2,135/month Estimated

Principal & interest
$1,699
Property taxes
$232
Home insurance (est.)
$196
Special assessments
$8
HOA dues
None

20% down ($67,200) · 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.

Park Rapids, MN Active

About This Home

A rare find! This 7-bedroom, 3-bathroom home sits on 10 pristine wooded acres just one mile from town, offering unmatched convenience without sacrificing privacy. The main level impresses with dramatic vaulted ceilings and an expansive kitchen built for gathering. Outdoors, enjoy a 2-stall attached garage, storage shed, barn, and miles of trails right out your back door. The home is solid and spacious, with room to elevate the finishes to your taste. Properties like this, with acreage, location, and site, don't come around often!

Virtual Tour

Take a virtual tour of this home

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $252K and $420K in Park Rapids:

  • The field: 15 similar Park Rapids homes for sale — you have options.
  • Negotiation: 44% of the last 18 sales here closed at or over list — about half hold full price.

Powered by the Realgorithm™ — 18 real Park Rapids closings, zero guesses · NorthstarMLS

Key Features

Property Type
Single Family
Year Built
2004
Above Grade
3,218 sq ft
Below Grade
1,120 sq ft
Lot Size
10.00 acres
Lot Features
Tree Coverage - Medium
Garage
2-car (Attached Garage)
Heating
Baseboard, Radiant, Space Heater, Wood Stove
Cooling
None
Basement
Yes
Appliances
Air-To-Air Exchanger, Cooktop, Dishwasher, Double Oven, Dryer, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer
Sewer
Tank with Drainage Field
Water
Well
Annual Taxes
$2,787
Special Assessments
$91
County
Hubbard
Days on Market
267

15861 Fortune Drive is listed in Park Rapids, MN, part of Hubbard County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 15861 Fortune Drive

Shannon Barnum

Associate Broker · Modern Market REALTORS®

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

Listed by Coldwell Banker Crown Realtors · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 6824302 · Data refreshed August 12, 2026

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Frequently Asked Questions About 15861 Fortune Drive

Is $336,000 a good price for a home in Park Rapids?
According to BuyPulse, 15861 Fortune Drive rates Excellent Value — at $77/sqft it's priced 64% below the typical Park Rapids single-family home of $216/sqft. Powered by the Realgorithm™. Browse Park Rapids homes for sale to compare.
What are the special assessments at 15861 Fortune Drive — and what do they mean?
This property has $91/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 $2,787/yr. Always factor both into your total monthly housing cost before making an offer.
Does 15861 Fortune Drive have a basement?
Yes, 15861 Fortune Drive has a basement with 1,120 sq ft of below-grade space.
What type of heating and cooling does 15861 Fortune Drive have?
15861 Fortune Drive has Baseboard, Radiant, Space Heater, Wood Stove heating and None cooling.
Where is 15861 Fortune Drive located?
15861 Fortune Drive is in Park Rapids, MN 56470, in Hubbard County.
Is 15861 Fortune Drive still available?
Yes — 15861 Fortune Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 15861 Fortune Drive built?
15861 Fortune Drive was built in 2004. It features a block foundation.
How walkable is 15861 Fortune Drive?
15861 Fortune Drive has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 14/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
How many homes like 15861 Fortune Drive are for sale in Park Rapids?
15 similar homes (single-family homes between $252K and $420K in Park Rapids) are for sale right now — you have options.
Do homes in Park Rapids sell for asking price?
44% of the last 18 comparable Park Rapids 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 Park Rapids area.