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3 Beds | 2 Baths | 1,945 Sq Ft | Single Family Home | MLS# 7037249
Price Drop on M Markdowns — was $829,000 (↓ $30,000)
Is 24281 Hazel Wood Drive a Good Deal?
BuyPulse Verdict
Premium Pricing
At $411/sqft — This home is priced 96% above the typical Park Rapids single-family home of $210/sqft.
Your Negotiating Position
84 — Strong buyer leverage
Day 199 — Park Rapids homes overall typically go under contract by day ~14. This one is past that window.
9 similar homes for sale — alternatives if they won't move.
This seller already cut $30,000 — motivation showing.
Powered by the Realgorithm™ — 65 active Park Rapids listings · NorthstarMLS
$4,867/month Estimated
- Principal & interest
- $4,040
- Property taxes
- $341
- Home insurance (est.)
- $466
- Special assessments
- $20
- HOA dues
- None
20% down ($159,800) · 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.
About This Home
Potato Lake Home on Nearly 8 Acres. Travel down Hazelwood Drive, lined with towering trees, and the noise of life goes silent. You'll immediately sense the privacy and magic that awaits. This 3-bedroom, 2-bath home has breathtaking southern views from the main level overlooking approximately 300 feet of coveted shoreline. Offered for the first time, this is a rare opportunity to own significant acreage on one of the area's most highly sought-after lakes. Here, wooded acreage and prime lakefront living come together in one remarkable property. Enjoy the stunning lake scenery with a morning coffee on the main-level deck or in the inviting screened-in porch. Inside, a magnificent floor-to-ceiling Wilkening wood fireplace creates a stunning focal point for cozy evenings. Pristine and exceptionally well-kept, this property radiates pride of ownership at every turn, including a charming fenced garden area with raised garden beds just waiting for your green thumb. The lower level is finished with a spacious family room, a third bedroom, a second bath, and in-floor heat, all with walkout access to the grounds. A 24x30 detached garage and a rare, private boat ramp complete this exceptional package. Whether you envision a year-round home or a cherished seasonal escape, the expansive property provides a perfect canvas with plenty of room to grow. Come see this property to make it your new home or your family getaway. A true legacy property — more than a home, it's a destination for generations to come. This one is a must see — schedule your private tour today.
Virtual Tour
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $599K and $999K in Park Rapids:
- The field: 9 similar Park Rapids homes for sale — a short list right now.
Powered by the Realgorithm™ — real Park Rapids closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1990
- Garage
- 2-Car Detached
- Style
- One
- HOA
- None
- Annual Taxes
- $4,091 (2026)
- Specials/yr
- $245
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,120
- Below Grade Sq Ft
- 825
- Lot Size
- 7.84 acres
- Basement
- Yes
- Roof
- Age Over 8 Years, Asphalt, Pitched
- Construction
- Brick, Concrete, Frame
- County
- Hubbard
- List Date
- 2026-03-27
- Days on Market
- 199 days
- Parcel ID
- 022300500
Financial
- Total Tax incl. Assessments
- $4,336
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Dual Fuel/Off Peak, Forced Air, Fireplace(s), In-Floor Heating
- Cooling
- Central Air
- Electric
- 150 Amp Service
- Water
- Drilled, Well
- Sewer
- Tank with Drainage Field
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Interior Features
- Laundry
- Lower Level, Laundry Room
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Slab
- Foundation Area
- 1,120 sqft
- Total Building Area
- 2,240 sqft
Exterior Features
- Exterior Features
- Cedar, Metal, Wood
- Pool
- Yes
- View
- Panoramic, South
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage, Gravel, Concrete, Electric, Garage Door Opener
Lot & Land
- Lot Features
- Tree Coverage - Heavy
- Road Surface
- Township
- Zoning Description
- Shoreline,Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Coldwell Banker Crown Realtors
Price History
Reduced $30,000 (3.6%)
- Price reduced to $829,000 — May 18, 2026
- Price reduced to $799,000 — Jul 29, 2026
24281 Hazel Wood Drive is listed in Park Rapids, MN, part of Hubbard County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 24281 Hazel Wood Drive
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®
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View Full Listing & PhotosMLS# 7037249 · Data refreshed October 5, 2026
Similar Homes for Sale Near 24281 Hazel Wood Drive, Park Rapids, MN
Frequently Asked Questions About 24281 Hazel Wood Drive
- Is $799,000 a good price for a home in Park Rapids?
- According to BuyPulse, 24281 Hazel Wood Drive rates Premium Pricing — at $411/sqft it's priced 96% above the typical Park Rapids single-family home of $210/sqft. Its negotiating-position score is 84/100 (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 24281 Hazel Wood 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 $4,091/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 24281 Hazel Wood Drive have a basement?
- Yes, 24281 Hazel Wood Drive has a finished basement with 825 sq ft of below-grade space.
- What type of heating and cooling does 24281 Hazel Wood Drive have?
- 24281 Hazel Wood Drive has Dual Fuel/Off Peak, Forced Air, Fireplace(s), In-Floor Heating and Central Air cooling.
- Where is 24281 Hazel Wood Drive located?
- 24281 Hazel Wood Drive is in Park Rapids, MN 56470, in Hubbard County.
- Is 24281 Hazel Wood Drive still available?
- Yes — 24281 Hazel Wood Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 24281 Hazel Wood Drive built?
- 24281 Hazel Wood Drive was built in 1990. It features brick, concrete, frame construction and a slab foundation.
- Does 24281 Hazel Wood Drive have main-floor laundry?
- No — the laundry at 24281 Hazel Wood Drive is in the lower level.
- How many homes like 24281 Hazel Wood Drive are for sale in Park Rapids?
- 9 similar homes (single-family homes between $599K and $999K 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 10/13/2026, 1:17 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.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.