20503 Jewel Drive, Park Rapids, MN 56470
1 Bed | 2 Baths | 864 Sq Ft | Single Family Home | MLS# 7052750
BuyPulse Grade
Premium Priced
At $520/sqft — This home is priced 133% above the typical Park Rapids single-family home of $223/sqft.
Powered by the Realgorithm™ — 73 active Park Rapids listings · NorthstarMLS
$2,821/month Estimated
- Principal & interest
- $2,270
- Property taxes
- $269
- Home insurance (est.)
- $262
- Special assessments
- $20
- HOA dues
- None
20% down ($89,800) · 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 Fifth Principal Meridian, Park Rapids, MN.
About This Home
Motivated seller. Discover your ideal getaway with this inviting 1-bedroom, 2-bathroom home, featuring an impressive 398 feet of pristine frontage on the stunning Big Mantrap Lake, renowned as one of the top musky fishing destinations in the Northwoods. With its contemporary design, sleek stainless steel appliances, and panoramic views, this home offers a serene and relaxing atmosphere that you'll love coming back to. But that’s not all! This property also includes a brand-new 40 x 60 ft shop with 16 ft sidewalls, perfect for storing your boat or personal RV. The location is unbeatable—just minutes away from the Paul Bunyan State Forest, ATV trails, snowmobile trails, and the Heartland Trail. Whether your passion is hunting, fishing, snowmobiling, or hiking, this exceptional property provides everything you need for an exciting outdoor lifestyle. Don't miss out on this incredible opportunity!
3D Home Tour
BuyPulse — Live Market Read
Homes like this one — single-family homes between $337K and $561K in Park Rapids:
- The field: 22 similar Park Rapids homes for sale — you have options.
- Tempo: homes like this went pending in a median 32 days — 2 of the last 8 inside 4 days.
- Negotiation: 50% of the last 16 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 16 real Park Rapids closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1987
- Above Grade
- 864 sq ft
- Lot Size
- 5.00 acres
- Lot Features
- Tree Coverage - Light
- Garage
- 4-car (Detached Garage, Gravel)
- Heating
- Baseboard, Ductless Mini-Split
- Cooling
- Ductless Mini-Split
- Appliances
- Dryer, Range, Refrigerator, Washer
- Sewer
- Private Sewer, Tank with Drainage Field
- Water
- 4-Inch Submersible
- Annual Taxes
- $3,225
- Special Assessments
- $245
- County
- Hubbard
- Days on Market
- 117
20503 Jewel Drive is listed in Park Rapids, MN, part of Hubbard County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 20503 Jewel 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 Wolff & Simon Real Estate · Shown by Modern Market REALTORS®
Buying a home in Park Rapids? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7052750 · Data refreshed August 5, 2026
More Homes for Sale in Park Rapids, MN
Frequently Asked Questions About 20503 Jewel Drive
- Is $449,000 a good price for a home in Park Rapids?
- At $520/sqft, this home is priced significantly above the typical Park Rapids single-family home of $223/sqft (133% higher), according to our BuyPulse comparison of comparable active listings. Browse Park Rapids homes for sale to compare.
- What are the special assessments at 20503 Jewel Drive — 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 $3,225/yr. Always factor both into your total monthly housing cost before making an offer.
- What type of heating and cooling does 20503 Jewel Drive have?
- 20503 Jewel Drive has Baseboard, Ductless Mini-Split heating and Ductless Mini-Split cooling.
- Where is 20503 Jewel Drive located?
- 20503 Jewel Drive is in the Fifth Principal Meridian neighborhood of Park Rapids, MN 56470, in Hubbard County.
- Is 20503 Jewel Drive still available?
- Yes — 20503 Jewel Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 20503 Jewel Drive built?
- 20503 Jewel Drive was built in 1987. It features frame construction and a slab foundation.
- Does 20503 Jewel Drive have main-floor laundry?
- Yes — the laundry at 20503 Jewel Drive is on the main level.
- How many homes like 20503 Jewel Drive are for sale in Park Rapids?
- 22 similar homes (single-family homes between $337K and $561K in Park Rapids) are for sale right now — you have options.
- How fast do homes like 20503 Jewel Drive sell in Park Rapids?
- Homes like this one (single-family homes between $337K and $561K in Park Rapids) went pending in a median 32 days over the last 90 days — 2 of the last 8 went under contract within 4 days.
- Do homes in Park Rapids sell for asking price?
- 50% of the last 16 comparable Park Rapids sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.
- 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.