1988 single family home for sale at 24295 Matson Point Trail in Pelican Rapids, MN — 4 bed, 3 bath (photo 1 of 86)

24295 Matson Point Trail, Pelican Rapids, MN 56572

4 Beds | 3 Baths | 3,360 Sq Ft | Single Family Home | MLS# 7056942

$674,900

Is 24295 Matson Point Trail a Good Deal?

BuyPulse Verdict

Excellent Value

At $201/sqft — This home is priced 45% below the typical Pelican Rapids single-family home of $364/sqft.

Powered by the Realgorithm™ — 32 active Pelican Rapids listings · NorthstarMLS

$4,167/month Estimated

Principal & interest
$3,413
Property taxes
$347
Home insurance (est.)
$394
Special assessments
$13
HOA dues
None

20% down ($134,980) · 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.

Pelican Rapids, MN Pending

About This Home

North Lida- If you’ve been looking for a spot on one of the area’s most desirable lakes, this one is worth a look. With 120 feet of pristine shoreline, this 4 bedroom, 3 bath home offers over 3,000 square feet set up for easy lake living and gathering with family and friends. Originally constructed as a manufactured home, it has been completely taken down to the studs and rebuilt from the foundation up with all new plumbing, electrical, windows, insulation, siding, sheetrock, and finishes. Inside, you’ll find an open layout, two fireplaces, and a 3 season porch that make it comfortable throughout the year. The outdoor space is what really sets this property apart, with a lakeside deck featuring a hot tub, a second tiered deck along the lake with a firepit, and an outdoor kitchen with space for a kegerator, making it an ideal setup for entertaining, all surrounded by a well maintained yard supported by an in ground sprinkler system. Additional space across the road provides convenient extra parking for guests. A great opportunity to get onto one of North Lida’s best stretches of shoreline.

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BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $506K and $844K in Pelican Rapids:

  • The field: 12 similar Pelican Rapids homes for sale — you have options.

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

Key Features

Built
1988
Garage
2-Car Attached
Style
Two
HOA
None
Annual Taxes
$4,164 (2026)
Specials/yr
$150

Property Details

Property Type
Single Family
Above Grade Sq Ft
1,680
Below Grade Sq Ft
1,680
Lot Size
0.56 acres
Basement
Yes
Roof
Age 8 Years or Less, Asphalt
County
Otter Tail
List Date
2026-04-17
Days on Market
179 days
Parcel ID
37000280150010

Financial

Total Tax incl. Assessments
$4,314
Specials Pending
No

Home Systems & Utilities

Heating
Forced Air, Fireplace(s)
Cooling
Central Air
Water
Well
Sewer
Septic System Compliant - Yes
Appliances
Dishwasher, Disposal, Dryer, Fuel Tank - Rented, Humidifier, Water Osmosis System, Microwave, Range, Refrigerator, Trash Compactor, Washer, Water Softener Rented, Wine Cooler

Interior Features

Laundry
Main Level
Fireplace
2 fireplaces

Construction & Exterior

Construction & Structure

Foundation Type
Block
Foundation Area
1,680 sqft
Total Building Area
3,360 sqft

Exterior Features

Exterior Features
Metal
Fenced Area
Yes
Other Structures
Storage Shed
View
North
Accessibility Features
None

Parking & Garage

Parking Features
Attached Garage, Asphalt, Finished Garage, Garage Door Opener, Heated Garage, Insulated Garage, Tuckunder Garage

Lot & Land

Lot Features
Accessible Shoreline
Road Surface
Private Road
Zoning Description
Shoreline

Waterfront

Waterfront
Yes

Agent & Office

List Office
eXp Realty

Price History

Reduced $175,100 (20.6%)

  • Price reduced to $850,000 — May 4, 2026
  • Price reduced to $825,000 — May 18, 2026
  • Price reduced to $799,900 — May 31, 2026
  • Price reduced to $750,000 — Jun 3, 2026
  • Price reduced to $699,900 — Jun 17, 2026
  • Price reduced to $674,900 — Jul 5, 2026

24295 Matson Point Trail is listed in Pelican Rapids, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 24295 Matson Point Trail

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.

Listed by eXp Realty · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7056942 · Data refreshed August 24, 2026

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Frequently Asked Questions About 24295 Matson Point Trail

Is $674,900 a good price for a home in Pelican Rapids?
According to BuyPulse, 24295 Matson Point Trail rates Excellent Value — at $201/sqft it's priced 45% below the typical Pelican Rapids single-family home of $364/sqft. Powered by the Realgorithm™. Browse Pelican Rapids homes for sale to compare.
What are the special assessments at 24295 Matson Point Trail — and what do they mean?
This property has $150/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 $4,164/yr. Always factor both into your total monthly housing cost before making an offer.

What special assessments cost in Fargo-Moorhead — live figures on every home for sale.

Does 24295 Matson Point Trail have a basement?
Yes, 24295 Matson Point Trail has a finished basement with 1,680 sq ft of below-grade space.
What type of heating and cooling does 24295 Matson Point Trail have?
24295 Matson Point Trail has Forced Air, Fireplace(s) heating and Central Air cooling.
Where is 24295 Matson Point Trail located?
24295 Matson Point Trail is in Pelican Rapids, MN 56572, in Otter Tail County.
Is 24295 Matson Point Trail still available?
24295 Matson Point Trail is currently pending. The seller may still accept backup offers — contact us to learn more.
When was 24295 Matson Point Trail built?
24295 Matson Point Trail was built in 1988. It features a block foundation.
Does 24295 Matson Point Trail have main-floor laundry?
Yes — the laundry at 24295 Matson Point Trail is on the main level.
How walkable is 24295 Matson Point Trail?
24295 Matson Point Trail has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 25/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
How many homes like 24295 Matson Point Trail are for sale in Pelican Rapids?
12 similar homes (single-family homes between $506K and $844K in Pelican Rapids) are for sale right now — you have options.
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

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MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2026, 7:59 PM CDT. 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.

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