23040 S Lizzie Isle, Pelican Rapids, MN 56572
3 Beds | 1 Bath | 1,080 Sq Ft | Single Family Home | MLS# 7055075Lakefront on Lizzie Lake · 4,145 acres
$8,137/month Estimated
- Principal & interest
- $7,060
- Property taxes
- $322
- Home insurance (est.)
- $755
- HOA dues
- None
20% down ($259,000) · 30-yr fixed, 7.24%
Try our home affordability calculator
Estimates only; confirm before you offer.
About This Home
Welcome to Massie Island - an extraordinary private island on Lake Lizzie in Pelican Rapids, Minnesota. Accessible by boat, this rare property boasts complete privacy, expansive lake views, and a true escape from the noise of everyday life. The fully furnished home features comfortable living spaces, a well-appointed kitchen, and inviting bedrooms designed for extended stays and effortless summer living. Step outside to enjoy long lake days, quiet mornings, and unforgettable evenings. Swim, fish, boat, and explore your own island sanctuary. A private nine-hole golf course adds a unique and memorable touch to the experience. Whether you’re seeking a family retreat, legacy property, or seasonal escape, Massie Island is a rare opportunity to own something truly special.
BuyPulse · Live market read
How 23040 S Lizzie Isle Compares to the Pelican Rapids Market
At $1199/sqft, this home is priced $814/sqft above the typical Pelican Rapids single-family home of $385/sqft.
The median list price in Pelican Rapids is $675,000.
Verdict: Premium Pricing
Homes like this one — single-family homes between $971K and $1.6M in Pelican Rapids:
- The field: 5 similar Pelican Rapids homes for sale — a short list right now.
- Price cuts: 2 of 5 similar homes have trimmed asking. This one hasn't budged.
- Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.
Powered by the Realgorithm™ — real Pelican Rapids closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1935
- Style
- One
- HOA
- None
- Annual Taxes
- $3,864 (2025)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,080
- Lot Size
- 2.75 acres
- Basement
- No
- County
- Otter Tail
- List Date
- 2026-04-14
- Days on Market
- 204 days
- Parcel ID
- 17000320376000
Financial
- Total Tax incl. Assessments
- $3,864
Home Systems & Utilities
- Heating
- Space Heater
- Cooling
- None
- Water
- Lake Water
- Sewer
- Septic System Compliant - Yes
Interior Features
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Slab
- Foundation Area
- 1,080 sqft
- Total Building Area
- 1,080 sqft
Exterior Features
- Pool
- Yes
- View
- Lake
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Open
Lot & Land
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
- Lake
- Lizzie Lake
- Lake Acres
- 4145 acres
Agent & Office
- List Office
- Beycome Brokerage Realty LLC
Price History
Listed at $1,295,000 on Apr 14, 2026 — No price changes
23040 S Lizzie Isle is listed in Pelican Rapids, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 23040 S Lizzie Isle
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 Beycome Brokerage Realty LLC · Shown by Modern Market REALTORS®
Buying a home in Pelican Rapids? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7055075 · Updated April 17, 2026
Similar Homes for Sale Near 23040 S Lizzie Isle, Pelican Rapids, MN
Frequently Asked Questions About 23040 S Lizzie Isle
- Is $1,295,000 a good price for a home in Pelican Rapids?
- According to BuyPulse, 23040 S Lizzie Isle rates Premium Pricing — at $1199/sqft it's priced 211% above the typical Pelican Rapids single-family home of $385/sqft. Powered by the Realgorithm™. Browse Pelican Rapids homes for sale to compare.
- What type of heating and cooling does 23040 S Lizzie Isle have?
- 23040 S Lizzie Isle has Space Heater heating and None cooling.
- Where is 23040 S Lizzie Isle located?
- 23040 S Lizzie Isle is in Pelican Rapids, MN 56572, in Otter Tail County.
- Is 23040 S Lizzie Isle still available?
- Yes — 23040 S Lizzie Isle is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 23040 S Lizzie Isle built?
- 23040 S Lizzie Isle was built in 1935. It features a slab foundation.
- How many homes like 23040 S Lizzie Isle are for sale in Pelican Rapids?
- 5 similar homes (single-family homes between $971K and $1.6M in Pelican Rapids) are for sale right now — a short list right now.
- 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.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/04/2026, 10:29 AM CST. 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.