23040 S Lizzie Isle, Pelican Rapids, MN 56572
3 Beds | 1 Bath | 1,080 Sq Ft | Single Family Home | MLS# 7055075
Is 23040 S Lizzie Isle a Good Deal?
BuyPulse Verdict
Premium Pricing
At $1199/sqft — This home is priced 207% above the typical Pelican Rapids single-family home of $391/sqft.
Your Negotiating Position
76 — Strong buyer leverage
Day 158 — Pelican Rapids homes overall typically go under contract by day ~14. This one is past that window.
8 similar homes for sale — alternatives if they won't move.
Powered by the Realgorithm™ — 33 active Pelican Rapids listings · NorthstarMLS
$7,625/month Estimated
- Principal & interest
- $6,548
- Property taxes
- $322
- Home insurance (est.)
- $755
- HOA dues
- None
20% down ($259,000) · 30-yr fixed, 6.5% · Can I afford this home?
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
Homes like this one — single-family homes between $971K and $1.6M in Pelican Rapids:
- The field: 8 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
- 1935
- Above Grade
- 1,080 sq ft
- Lot Size
- 2.75 acres
- Heating
- Space Heater
- Cooling
- None
- Sewer
- Septic System Compliant - Yes
- Water
- Lake Water
- Annual Taxes
- $3,864
- County
- Otter Tail
- Days on Market
- 158
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
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Listed by Beycome Brokerage Realty LLC · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7055075 · Data refreshed April 17, 2026
Similar Homes for Sale Near 23040 S Lizzie Isle, Pelican Rapids, MN
- 44662 County Highway 31 — $1,310,000 · 4 bed · 3 bath
- 24086 Bass Harbor Trail — $1,350,000 · 3 bed · 3 bath
- 51313 Knoll Road — $1,399,000 · 4 bed · 4 bath
- 23455 Sunset Beach Trail — $1,145,000 · 5 bed · 3 bath
- 51509 County Highway 9 — $1,081,000 · 4 bed · 3 bath
- 20971 Summer Haven Road — $1,585,000 · 3 bed · 2 bath
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 207% above the typical Pelican Rapids single-family home of $391/sqft. Its negotiating-position score is 76/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Pelican Rapids homes are closing versus list. 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?
- 8 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.