24718 W Elbow Road, Pelican Rapids, MN 56572
3 Beds | 2 Baths | 2,696 Sq Ft | Single Family Home | MLS# 7140845
Is 24718 W Elbow Road a Good Deal?
BuyPulse Verdict
Excellent Value
At $228/sqft — This home is priced 42% below the typical Pelican Rapids single-family home of $391/sqft.
Your Negotiating Position
40 — Seller-leaning market
Day 6 — Pelican Rapids homes overall typically go under contract by day ~14, so this one is early in its window.
8 similar homes for sale — alternatives if they won't move.
Powered by the Realgorithm™ — 33 active Pelican Rapids listings · NorthstarMLS
$3,716/month Estimated
- Principal & interest
- $3,109
- Property taxes
- $241
- Home insurance (est.)
- $359
- Special assessments
- $7
- HOA dues
- None
20% down ($122,980) · 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.
About This Home
A unique waterfront property offering privacy, quality construction, and a peaceful lakes-area setting on 5+ acres along Elbow Lake. Built in 2018, this 3-bedroom, 2-bath home features an open floor plan, 9 foot ceilings, main-level primary suite, gas fireplace in living room with 12 foot vaulted ceiling, custom kitchen with center island and stainless steel appliances, in-floor heat, and beautiful Brazilian pecan hardwood flooring. ICF construction and low-maintenance steel siding provide durability and efficiency. Enjoy the screened-in porch with built-in hot tub, stamped concrete patio, and lakeside firepit. The property offers 180 feet of lake frontage with dock included, plus a permanent deer stand built into the hillside. An insulated and heated two-stall garage adds year-round convenience, and a 20x30 concrete slab is ready for a future shop. A distinctive property for those seeking privacy, acreage, and waterfront access in the heart of lakes country.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $461K and $769K 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
- 2018
- Above Grade
- 2,696 sq ft
- Lot Size
- 5.02 acres
- Lot Features
- Accessible Shoreline
- Garage
- 2-car (Floor Drain, Heated Garage, Insulated Garage)
- Heating
- Boiler, Forced Air, In-Floor Heating, Zoned
- Cooling
- Central Air, Zoned
- Appliances
- Air-To-Air Exchanger, Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- Sewer
- Mound Septic, Private Sewer, Septic System Compliant - Yes
- Water
- Private, Well
- Annual Taxes
- $2,889
- Special Assessments
- $85
- County
- Otter Tail
- Days on Market
- 6
24718 W Elbow Road is listed in Pelican Rapids, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 24718 W Elbow Road
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View Full Listing & PhotosMLS# 7140845 · Data refreshed September 15, 2026
Similar Homes for Sale Near 24718 W Elbow Road, Pelican Rapids, MN
- 22465 Seifert Beach Road — $579,000 · 3 bed · 1 bath
- 44308 220th Avenue — $655,000 · 4 bed · 3 bath
- 44585 Monument Beach Loop — $689,000 · 3 bed · 2 bath
- 40834 Backroad Trail — $695,000 · 3 bed · 3 bath
- 25131 Franklin Lake Road — $699,900 · 4 bed · 4 bath
- 44591 Crystal Hills Way — $524,900 · 3 bed · 1 bath
Frequently Asked Questions About 24718 W Elbow Road
- Is $614,900 a good price for a home in Pelican Rapids?
- According to BuyPulse, 24718 W Elbow Road rates Excellent Value — at $228/sqft it's priced 42% below the typical Pelican Rapids single-family home of $391/sqft. Its negotiating-position score is 40/100 (Seller-leaning market), 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 are the special assessments at 24718 W Elbow Road — 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 $2,889/yr. Always factor both into your total monthly housing cost before making an offer.
- What type of heating and cooling does 24718 W Elbow Road have?
- 24718 W Elbow Road has Boiler, Forced Air, In-Floor Heating, Zoned heating and Central Air, Zoned cooling.
- Where is 24718 W Elbow Road located?
- 24718 W Elbow Road is in Pelican Rapids, MN 56572, in Otter Tail County.
- Is 24718 W Elbow Road still available?
- Yes — 24718 W Elbow Road is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 24718 W Elbow Road built?
- 24718 W Elbow Road was built in 2018. It features frame, icfs (insulated concrete forms) construction and a icfs (insulated concrete forms), slab foundation.
- Does 24718 W Elbow Road have main-floor laundry?
- Yes — the laundry at 24718 W Elbow Road is on the main level.
- How walkable is 24718 W Elbow Road?
- 24718 W Elbow Road has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 16/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 24718 W Elbow Road are for sale in Pelican Rapids?
- 8 similar homes (single-family homes between $461K and $769K 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.