17021 470th Street, Pelican Rapids, MN 56572
3 Beds | 2 Baths | 2,608 Sq Ft | Single Family Home | MLS# 7033840
Price Reduced — was $885,000 (↓ $90,000) · M Markdowns
Is 17021 470th Street a Good Deal?
BuyPulse Grade
At Market
At $305/sqft — This home is priced 8% below the typical Pelican Rapids single-family home of $332/sqft.
Powered by the Realgorithm™ — 43 active Pelican Rapids listings · NorthstarMLS
$4,702/month Estimated
- Principal & interest
- $4,020
- Property taxes
- $211
- Home insurance (est.)
- $464
- Special assessments
- $7
- HOA dues
- None
20% down ($159,000) · 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
One-of-a-Kind Private Lake Home - 10.4 Acres Discover a rare opportunity to own 10.4 acres of pure serenity, nestled on a private lake with over 2,000 feet of pristine lake frontage, on its own peninsula. This custom-built log-style home, now only in its second ownership, offers unmatched privacy, stunning water views from every window, and a lifestyle that feels like a year-round vacation. Step inside to find 3 bedrooms and 2 baths, newer granite countertops, a cozy gas fireplace nestled in the family room/bar area, and a brand-new furnace heating system, and central A/C. Every detail has been thoughtfully updated, from the new mound septic system to the upgraded mechanicals, this home is truly "new, new, new." The detached shop is a dream: newly poured cement flooring, spray foam insulation, and now fully heated; perfect for hobbies, storage, or a workshop. Outdoors, you'll find a large garden area, private road access, and endless opportunities for fishing, boating, birdwatching, or simply soaking in the tranquil beauty of your own private oasis. Located just minutes from medical facilities, shopping, and amenities, yet worlds away from the noise of everyday life. If you've been searching for a property that offers space, privacy, and unmatched natural beauty, this is it.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $596K and $994K in Pelican Rapids:
- The field: 17 similar Pelican Rapids homes for sale — you have options.
Powered by the Realgorithm™ — real Pelican Rapids closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1995
- Above Grade
- 1,304 sq ft
- Below Grade
- 1,304 sq ft
- Lot Size
- 10.40 acres
- Garage
- 2-car (Attached Garage)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Yes
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Sewer
- Septic System Compliant - Yes
- Water
- Well
- Annual Taxes
- $2,529
- Special Assessments
- $85
- County
- Otter Tail
- Days on Market
- 163
17021 470th Street is listed in Pelican Rapids, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 17021 470th 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 Oxford Realty, LLC · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7033840 · Data refreshed June 26, 2026
Similar Homes for Sale Near 17021 470th Street, Pelican Rapids, MN
- 43951 Percheron Loop — $740,000 · 4 bed · 4 bath
- 40834 Backroad Trail — $695,000 · 3 bed · 3 bath
- 44585 Monument Beach Loop — $689,000 · 3 bed · 2 bath
- 24295 Matson Point Trail — $674,900 · 4 bed · 3 bath
- 23716 Stony Bar Circle — $674,000 · 3 bed · 3 bath
- 44308 220th Avenue — $659,000 · 4 bed · 3 bath
Frequently Asked Questions About 17021 470th Street
- Is $795,000 a good price for a home in Pelican Rapids?
- At $305/sqft, this home is priced near the typical Pelican Rapids single-family home of $332/sqft (8% lower), according to our BuyPulse comparison of comparable active listings. Browse Pelican Rapids homes for sale to compare.
- What are the special assessments at 17021 470th Street — and what do they mean?
- This property has $85/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 $2,529/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 17021 470th Street have a basement?
- Yes, 17021 470th Street has a basement with 1,304 sq ft of below-grade space.
- What type of heating and cooling does 17021 470th Street have?
- 17021 470th Street has Forced Air heating and Central Air cooling.
- Where is 17021 470th Street located?
- 17021 470th Street is in Pelican Rapids, MN 56572, in Otter Tail County.
- Is 17021 470th Street still available?
- Yes — 17021 470th Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 17021 470th Street built?
- 17021 470th Street was built in 1995. It features a 8 ft+ pour foundation.
- How many homes like 17021 470th Street are for sale in Pelican Rapids?
- 17 similar homes (single-family homes between $596K and $994K in Pelican Rapids) are for sale right now — you have options.
- 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 Pelican Rapids area.