16023 Discovery Circle, Park Rapids, MN 56470
3 Beds | 2 Baths | 1,464 Sq Ft | Single Family Home | MLS# 7126064
Price Drop on M Markdowns — was $249,000 (↓ $9,100)
Is 16023 Discovery Circle a Good Deal?
BuyPulse Verdict
Excellent Value
At $164/sqft — This home is priced 24% below the typical Park Rapids single-family home of $216/sqft.
Your Negotiating Position: 72 — Strong buyer leverage
Powered by the Realgorithm™ — 69 active Park Rapids listings · NorthstarMLS
$1,540/month Estimated
- Principal & interest
- $1,213
- Property taxes
- $167
- Home insurance (est.)
- $140
- Special assessments
- $20
- HOA dues
- None
20% down ($47,980) · 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 Green Acres, Park Rapids, MN.
About This Home
Welcome home to this updated, move-in-ready property located in a quiet Park Rapids neighborhood. The layout features three bedrooms and two full bathrooms, offering functional living space for the family. Downstairs, you will find a bonus room ideal for an office, gym, or hobby space, which can become a fourth bedroom with the addition of an egress window. The home is equipped with a new natural gas furnace and a new water filtration system. This property offers peace of mind with major utility upgrades already completed, including a new well and a new septic system. Step outside into the large backyard, which provides space for outdoor play, gardening, and summer BBQs. Situated on Discovery Circle, you will enjoy a friendly neighborhood setting while remaining close to everything Park Rapids has to offer. Schedule your showing today to see this property in person!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $180K and $300K in Park Rapids:
- The field: 14 similar Park Rapids homes for sale — you have options.
- Tempo: homes like this went pending in a median 11 days — 4 of the last 9 inside 4 days.
Powered by the Realgorithm™ — real Park Rapids closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1974
- Above Grade
- 1,264 sq ft
- Below Grade
- 200 sq ft
- Lot Size
- 0.53 acres
- Lot Features
- Green Acres, Irregular Lot, Tree Coverage - Medium
- Garage
- 2-car (Attached Garage, Asphalt, Garage Door Opener)
- Heating
- Baseboard, Boiler, Ductless Mini-Split, Hot Water
- Cooling
- Window Unit(s)
- Basement
- Yes
- Appliances
- Dishwasher, Dryer, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator
- Sewer
- Private Sewer, Tank with Drainage Field
- Water
- 4-Inch Submersible, Drilled, Private
- Annual Taxes
- $2,003
- Special Assessments
- $245
- County
- Hubbard
- Days on Market
- 15
16023 Discovery Circle is listed in Park Rapids, MN, part of Hubbard County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 16023 Discovery Circle
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 Keller Williams Realty Professionals · 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# 7126064 · Data refreshed August 21, 2026
Similar Homes for Sale Near 16023 Discovery Circle, Park Rapids, MN
Frequently Asked Questions About 16023 Discovery Circle
- Is $239,900 a good price for a home in Park Rapids?
- According to BuyPulse, 16023 Discovery Circle rates Excellent Value — at $164/sqft it's priced 24% below the typical Park Rapids single-family home of $216/sqft. Its negotiating-position score is 72/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Park Rapids homes are closing versus list. Powered by the Realgorithm™. Browse Park Rapids homes for sale to compare.
- What are the special assessments at 16023 Discovery Circle — and what do they mean?
- This property has $245/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 $2,003/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 16023 Discovery Circle have a basement?
- Yes, 16023 Discovery Circle has a basement with 200 sq ft of below-grade space.
- What type of heating and cooling does 16023 Discovery Circle have?
- 16023 Discovery Circle has Baseboard, Boiler, Ductless Mini-Split, Hot Water heating and Window Unit(s) cooling.
- Where is 16023 Discovery Circle located?
- 16023 Discovery Circle is in the Green Acres neighborhood of Park Rapids, MN 56470, in Hubbard County.
- Is 16023 Discovery Circle still available?
- Yes — 16023 Discovery Circle is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 16023 Discovery Circle built?
- 16023 Discovery Circle was built in 1974. It features block, concrete, frame construction and a concrete perimeter foundation.
- Does 16023 Discovery Circle have main-floor laundry?
- Yes — the laundry at 16023 Discovery Circle is on the main level.
- How walkable is 16023 Discovery Circle?
- 16023 Discovery Circle has a Walk Score of 32/100 (Car-Dependent) and a Bike Score of 34/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 16023 Discovery Circle are for sale in Park Rapids?
- 14 similar homes (single-family homes between $180K and $300K in Park Rapids) are for sale right now — you have options.
- How fast do homes like 16023 Discovery Circle sell in Park Rapids?
- Homes like this one (single-family homes between $180K and $300K in Park Rapids) went pending in a median 11 days over the last 90 days — 4 of the last 9 went under contract within 4 days.
- 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.