20403 County 1 #5, Park Rapids, MN 56470
3 Beds | 2 Baths | 1,280 Sq Ft | Single Family Home | MLS# 7113129Lakefront on Fish Hook Lake · 1,643 acres · 76 ft deep
M Markdowns — Price Reduced — was $185,000 (↓ $10,000)
$1,176/month Estimated
- Principal & interest
- $885
- Property taxes
- $58
- Home insurance (est.)
- $102
- HOA dues
- $131/mo
20% down ($35,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
About This Home
MOTIVATED SELLER – PRICE REDUCED! Take advantage of a rare value on Fish Hook Lake! The seller is highly motivated and has reduced the price for the third time, making this pristine, move-in ready seasonal home an incredible buy in Park Rapids. Why You'll Love It: Turnkey & Fully Furnished: A hard-to-find 16-wide layout featuring 3 spacious bedrooms, 2 full bathrooms, and sold furnished so you can drop your bags and start relaxing. 100% Carefree Living: Forget lawn mowing and outdoor upkeep—all ground care and maintenance are handled for you within the highly desired Sunny Shores community. Resort-Style Waterfront: Set on over 12 acres featuring 1,200+ feet of sugar-sand swimming beach along Fish Hook Lake. Prime Location: Directly adjacent to Headwaters Golf Course and seconds from the Heartland Trail for biking, running, and walking. Motivated sellers mean incredible opportunity—bring your offer today and claim your spot on the lake before it's gone!
BuyPulse · Live market read
How 20403 County 1 #5 Compares to the Park Rapids Market
At $137/sqft, this home is priced $70/sqft below the typical Park Rapids single-family home of $207/sqft.
The median list price in Park Rapids is $419,000.
Verdict: Excellent Value
Your negotiating position
76 Strong buyer leverage
Seller's market · Balanced · Buyer leverage
Day 98 — Park Rapids homes overall typically go under contract by day ~17. This one is past that window.
8 similar homes for sale — alternatives if they won't move.
This seller already cut $10,000 — the asking price has already moved.
Homes like this one — single-family homes between $131K and $219K in Park Rapids:
- The field: 8 similar Park Rapids homes for sale — a short list right now.
- Price cuts: 4 of 8 similar homes have trimmed asking — median trim $8,700. This one already cut $10,000.
- Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.
Powered by the Realgorithm™ — real Park Rapids closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1994
- Style
- One
- HOA
- $1,575/Annually
- HOA Includes
- Beach Access, Dock, Hazard Insurance, Lawn Care, Maintenance Grounds, Sewer, Shared Amenities
- Annual Taxes
- $700 (2025)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,280
- Lot Size
- 5 acres
- Basement
- No
- Roof
- Asphalt
- County
- Hubbard
- List Date
- 2026-07-21
- Days on Market
- 98 days
- Parcel ID
- 271200500
Financial
- Total Tax incl. Assessments
- $700
- HOA Name
- Sunny Shores Inc
Home Systems & Utilities
- Heating
- Forced Air
- Cooling
- Central Air
- Water
- Shared System
- Sewer
- Shared Septic
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Fuel Tank - Owned, Microwave, Range, Refrigerator, Washer
Construction & Exterior
Construction & Structure
- Foundation Type
- None
- Foundation Area
- 1,280 sqft
- Total Building Area
- 1,280 sqft
Exterior Features
- Exterior Features
- Vinyl
- View
- Lake
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Concrete
Lot & Land
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
- Lake
- Fish Hook
- Lake Acres
- 1642.57 acres
- Lake Depth
- 76 ft
Agent & Office
- List Office
- Dane Arthur Real Estate Agency-Park Rapids
Price History
Reduced $20,000 (10.3%)
- Price reduced to $195,000 — Aug 8, 2026
- Price reduced to $185,000 — Aug 24, 2026
- Price reduced to $175,000 — Sep 14, 2026
20403 County 1 #5 is listed in Park Rapids, MN, part of Hubbard County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 20403 County 1 #5
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 Dane Arthur Real Estate Agency-Park Rapids · 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# 7113129 · Updated September 14, 2026
Similar Homes for Sale Near 20403 County 1 #5, Park Rapids, MN
Frequently Asked Questions About 20403 County 1 #5
- Is $175,000 a good price for a home in Park Rapids?
- According to BuyPulse, 20403 County 1 #5 rates Excellent Value — at $137/sqft it's priced 34% below the typical Park Rapids single-family home of $207/sqft. Its negotiating-position score is 76/100 (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.
- Does 20403 County 1 #5 have an HOA?
- Yes, 20403 County 1 #5 has a homeowners association with dues of $1,575 annually. HOA includes: Beach Access, Dock, Hazard Insurance, Lawn Care, Maintenance Grounds, Sewer, Shared Amenities.
- What type of heating and cooling does 20403 County 1 #5 have?
- 20403 County 1 #5 has Forced Air heating and Central Air cooling.
- Where is 20403 County 1 #5 located?
- 20403 County 1 #5 is in Park Rapids, MN 56470, in Hubbard County.
- Is 20403 County 1 #5 still available?
- Yes — 20403 County 1 #5 is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 20403 County 1 #5 built?
- 20403 County 1 #5 was built in 1994. It features an asphalt roof and a none foundation.
- How many homes like 20403 County 1 #5 are for sale in Park Rapids?
- 8 similar homes (single-family homes between $131K and $219K in Park Rapids) are for sale right now — a short list right now.
- 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.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/27/2026, 11:59 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.
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