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Just Listed on M Premiere — listed August 12, 2026
1 Bed | 2 Baths | 416 Sq Ft | Single Family Home | MLS# 7124126
BuyPulse Grade
Premium Priced
At $1103/sqft — This home is priced 234% above the typical Pelican Rapids single-family home of $330/sqft.
Powered by the Realgorithm™ — 46 active Pelican Rapids listings · NorthstarMLS
$2,721/month Estimated
- Principal & interest
- $2,321
- Property taxes
- $132
- Home insurance (est.)
- $268
- HOA dues
- None
20% down ($91,800) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Deciding Week · Day 1 of 7
Day count from the MLS listing date · cohort stats from the last 90 days · NorthstarMLS
Located in Southern Exposure Sub, Pelican Rapids, MN.
About This Home
PETE LAKE! Welcome to your peaceful lake getaway on beautiful Pete Lake! Located within approximately 45 minutes of Fargo-Moorhead and just minutes from Pelican Lake and Dunvilla. This property offers the perfect combination of privacy, nature, and convenient lake-country living. Enjoy 200 feet of level lake frontage on 2.46 acres, with great fishing right outside your door. This 2025 custom-built unique accessory cabin features large, picturesque windows overlooking the lake, beautiful quartz countertops, and a custom bathroom. The bedroom loft offers a private deck—perfect for morning coffee, evening sunsets, or simply relaxing and enjoying the peaceful surroundings. Designed with the option to build an additional larger home. The established 3-car garage has been extensively updated and includes new heater, metal siding, all new doors, a new bathroom, new water heaters, water softener, 220 Volt outlets, and more. The new mound septic system can accommodate an additional 2 bedroom home. Whether you’re looking for a weekend retreat, a quaint little lake home, or a private place to enjoy fishing and the outdoors, this Pete Lake property is the ideal place. See Seller Improvement List! Dock and lift included!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $344K and $574K in Pelican Rapids:
- The field: 7 similar Pelican Rapids homes for sale — a short list right now.
Powered by the Realgorithm™ — real Pelican Rapids closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 2025
- Above Grade
- 416 sq ft
- Lot Size
- 2.46 acres
- Garage
- 3-car (Detached Garage)
- Heating
- Ductless Mini-Split, Space Heater
- Cooling
- Ductless Mini-Split
- Basement
- Yes
- Appliances
- Electric Water Heater, Microwave, Refrigerator, Water Softener Owned
- Sewer
- Mound Septic, Private Sewer, Septic System Compliant - Yes
- Water
- 4-Inch Submersible, Drilled, Private
- Annual Taxes
- $1,578
- County
- Otter Tail
- Days on Market
- 0
16806 476th Street is listed in Pelican Rapids, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 16806 476th Street
Shannon Barnum
Associate Broker · Modern Market REALTORS®
Your Pelican Rapids real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
See all Pelican Rapids homes ›
Listed by Counselor Realty Detroit Lakes · Shown by Modern Market REALTORS®
Buying a home in Pelican Rapids? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7124126 · Data refreshed August 12, 2026
More Homes for Sale in Pelican Rapids, MN
Frequently Asked Questions About 16806 476th Street
- Is $459,000 a good price for a home in Pelican Rapids?
- At $1103/sqft, this home is priced significantly above the typical Pelican Rapids single-family home of $330/sqft (234% higher), according to our BuyPulse comparison of comparable active listings. Browse Pelican Rapids homes for sale to compare.
- Does 16806 476th Street have a basement?
- Yes, 16806 476th Street has a basement.
- What type of heating and cooling does 16806 476th Street have?
- 16806 476th Street has Ductless Mini-Split, Space Heater heating and Ductless Mini-Split cooling.
- Where is 16806 476th Street located?
- 16806 476th Street is in the Southern Exposure neighborhood of Pelican Rapids, MN 56572, in Otter Tail County.
- Is 16806 476th Street still available?
- Yes — 16806 476th Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 16806 476th Street built?
- 16806 476th Street was built in 2025. It features block, post and beam construction and a block foundation.
- How many homes like 16806 476th Street are for sale in Pelican Rapids?
- 7 similar homes (single-family homes between $344K and $574K in Pelican Rapids) are for sale right now — a short list right now.
- What does "M Premiere" mean?
- M Premiere™ is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
- 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 Pelican Rapids area.