1 bed 1 bath single family home for sale at 306 E River Drive, Park Rapids MN MLS# 7115183 - Photo 1 of 11

306 E River Drive, Park Rapids, MN 56470

1 Bed | 1 Bath | 1,200 Sq Ft | Single Family Home | MLS# 7115183

$289,000

BuyPulse Grade

At Market

At $241/sqft — This home is priced 8% above the typical Park Rapids single-family home of $223/sqft.

Powered by the Realgorithm™ — 73 active Park Rapids listings · NorthstarMLS

$1,884/month Estimated

Principal & interest
$1,461
Property taxes
$234
Home insurance (est.)
$169
Special assessments
$20
HOA dues
None

20% down ($57,800) · 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.

Park Rapids, MN Active

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 $217K and $361K in Park Rapids:

  • The field: 19 similar Park Rapids homes for sale — you have options.
  • Negotiation: 60% of the last 20 sales here closed at or over list — Park Rapids doesn't discount.

Powered by the Realgorithm™ — 20 real Park Rapids closings, zero guesses · NorthstarMLS

Key Features

Property Type
Single Family
Year Built
1927
Above Grade
1,200 sq ft
Lot Size
0.22 acres
Lot Features
Irregular Lot, Tree Coverage - Medium
Garage
2-car (Attached Garage, Asphalt, Garage Door Opener, Insulated Garage)
Heating
Baseboard, Boiler, Fireplace(s), Hot Water
Cooling
Wall Unit(s)
Basement
Yes
Appliances
Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
Sewer
City Sewer/Connected
Water
City Water/Connected
Annual Taxes
$2,805
Special Assessments
$245
County
Hubbard
Days on Market
13

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

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®

Schedule a Home Tour View Full Listing & Photos

MLS# 7115183 · Data refreshed July 25, 2026

More Homes for Sale in Park Rapids, MN

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Frequently Asked Questions About 306 E River Drive

Is $289,000 a good price for a home in Park Rapids?
At $241/sqft, this home is priced near the typical Park Rapids single-family home of $223/sqft (8% higher), according to our BuyPulse comparison of comparable active listings. 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.
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 many homes like 306 E River Drive are for sale in Park Rapids?
19 similar homes (single-family homes between $217K and $361K in Park Rapids) are for sale right now — you have options.
Do homes in Park Rapids sell for asking price?
60% of the last 20 comparable Park Rapids sales closed at or over list price — Park Rapids doesn't discount. 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.