306 E River Drive, Park Rapids, MN 56470
1 Bed | 1 Bath | 1,200 Sq Ft | Single Family Home | MLS# 7115183
Price Drop on M Markdowns — was $289,000 (↓ $8,500)
Is 306 E River Drive a Good Deal?
BuyPulse Verdict
Premium Pricing
At $234/sqft — This home is priced 11% above the typical Park Rapids single-family home of $210/sqft.
Your Negotiating Position
84 — Strong buyer leverage
Day 81 — Park Rapids homes overall typically go under contract by day ~14. This one is past that window.
56% of recent sales closed at or over asking — about half hold full price.
18 similar homes for sale — alternatives if they won't move.
This seller already cut $8,500 — motivation showing.
Powered by the Realgorithm™ — 65 active Park Rapids listings · NorthstarMLS
$1,836/month Estimated
- Principal & interest
- $1,418
- Property taxes
- $234
- Home insurance (est.)
- $164
- Special assessments
- $20
- HOA dues
- None
20% down ($56,100) · 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 Sunset View Add, Park Rapids, MN.
About This Home
Enjoy year-round waterfront living on the Fishhook River with direct access to Fishhook Lake! This charming 1-bedroom, 1-bath log home is tucked away on a quiet dead-end road just minutes from downtown Park Rapids, schools, the golf course, Heartland Park, and recreational trails. Inside, you'll find an updated kitchen, a stunning floor-to-ceiling stone fireplace, warm log accents, and a cozy, inviting living space. A bonus room offers the opportunity to finish it into additional sleeping space, making it ideal for guests or a growing family. Step outside to a spacious deck overlooking the river, towering pines, and your private dock with room for a pontoon or fishing boat just steps from the back door. An attached garage, city utilities, and move-in-ready condition make this an ideal year-round home, weekend getaway, or investment property. Rustic charm, a convenient location, and easy access to one of the area's most popular lakes make this a rare waterfront opportunity.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $210K and $351K in Park Rapids:
- The field: 18 similar Park Rapids homes for sale — you have options.
- Negotiation: 56% 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
- Built
- 1927
- Garage
- 2-Car Attached
- Style
- One
- HOA
- None
- Annual Taxes
- $2,805 (2026)
- Specials/yr
- $245
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,200
- Lot Size
- 0.22 acres
- Basement
- Yes
- Roof
- Age Over 8 Years
- Construction
- Block, Frame
- County
- Hubbard
- List Date
- 2026-07-23
- Days on Market
- 81 days
- Parcel ID
- 321400600
Financial
- Total Tax incl. Assessments
- $3,050
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Baseboard, Boiler, Fireplace(s), Hot Water
- Cooling
- Wall Unit(s)
- Electric
- Circuit Breakers, 100 Amp Service
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Interior Features
- Laundry
- In Kitchen
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,200 sqft
- Total Building Area
- 1,200 sqft
Exterior Features
- Exterior Features
- Log Siding, Wood
- View
- River, West
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage, Asphalt, Garage Door Opener, Insulated Garage
Lot & Land
- Lot Features
- Irregular Lot, Tree Coverage - Medium
- Road Surface
- City Street
- Zoning Description
- Shoreline,Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Wolff & Simon Real Estate
Price History
- Price reduced to $280,500 — Aug 6, 2026
306 E River Drive is listed in Park Rapids, MN, part of Hubbard County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 306 E River 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 Wolff & Simon Real Estate · 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# 7115183 · Data refreshed August 6, 2026
Similar Homes for Sale Near 306 E River Drive, Park Rapids, MN
Frequently Asked Questions About 306 E River Drive
- Is $280,500 a good price for a home in Park Rapids?
- According to BuyPulse, 306 E River Drive rates Premium Pricing — at $234/sqft it's priced 11% 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 306 E River 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 $2,805/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 306 E River Drive have a basement?
- Yes, 306 E River Drive has a basement.
- What type of heating and cooling does 306 E River Drive have?
- 306 E River Drive has Baseboard, Boiler, Fireplace(s), Hot Water heating and Wall Unit(s) cooling.
- Where is 306 E River Drive located?
- 306 E River Drive is in the Sunset View neighborhood of Park Rapids, MN 56470, in Hubbard County.
- Is 306 E River Drive still available?
- Yes — 306 E River Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 306 E River Drive built?
- 306 E River Drive was built in 1927. It features block, frame construction and a block foundation.
- How walkable is 306 E River Drive?
- 306 E River Drive has a Walk Score of 3/100 (Car-Dependent) and a Bike Score of 33/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 306 E River Drive are for sale in Park Rapids?
- 18 similar homes (single-family homes between $210K and $351K in Park Rapids) are for sale right now — you have options.
- Do homes in Park Rapids sell for asking price?
- 56% 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.
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.
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