2000 single family home for sale at 25131 Franklin Lake Road in Pelican Rapids, MN — 4 bed, 4 bath (photo 1 of 30)

25131 Franklin Lake Road, Pelican Rapids, MN 56572

4 Beds | 4 Baths | 3,951 Sq Ft | Single Family Home | MLS# 7093099

Price Reduced — was $774,900 (↓ $25,000) · M Markdowns

$749,900

Is 25131 Franklin Lake Road a Good Deal?

BuyPulse Grade

Well Below Market

At $190/sqft — This home is priced 43% below the typical Pelican Rapids single-family home of $332/sqft.

Powered by the Realgorithm™ — 43 active Pelican Rapids listings · NorthstarMLS

$4,556/month Estimated

Principal & interest
$3,792
Property taxes
$327
Home insurance (est.)
$437
HOA dues
None

20% down ($149,980) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Pelican Rapids, MN Active

About This Home

Peaceful Country living on a stunning 9.35 acre paradise! Well built 4 bed, 4 bath slab on grade home, heated floors, large 3 stall finished heated garage, Vaulted ceilings, covered front porch, screened porch in back overlooking meadow grassland & wooded acres. HUGE metal outbuilding with 30X32 finished heated area. Other large part of building used as indoor riding arena previously w/ seperate loafing shed!! Perfect set up for horses, cattle, ENDLESS OPTIONS! Wildlife galore through wooded acres with DNR protected ponds, wetlands for no neighbors to the north of the property! Across the street is the Beautiful Franklin Lake DNR access to put your boat in anytime you want! Enjoy the lake life without the high taxes or constant work! Rare Find in fantastic location.

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $562K and $937K 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
2000
Above Grade
3,951 sq ft
Lot Size
9.35 acres
Lot Features
Corner Lot, CRP Land, Green Acres, Suitable for Horses, Tillable, Tree Coverage - Heavy, Wetlands
Garage
3-car (Attached Garage, Finished Garage, Heated Garage, Insulated Garage)
Heating
Boiler, Forced Air, Fireplace(s), Heat Pump, In-Floor Heating, Radiant
Cooling
Central Air, Ductless Mini-Split, Heat Pump
Sewer
Septic System Compliant - Yes
Water
Private, Well
Annual Taxes
$3,918
County
Otter Tail
Days on Market
62

25131 Franklin Lake Road is listed in Pelican Rapids, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 25131 Franklin Lake Road

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 RE/MAX Legacy Realty · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7093099 · Data refreshed July 30, 2026

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Frequently Asked Questions About 25131 Franklin Lake Road

Is $749,900 a good price for a home in Pelican Rapids?
At $190/sqft, this home is priced significantly below the typical Pelican Rapids single-family home of $332/sqft (43% lower), according to our BuyPulse comparison of comparable active listings. Browse Pelican Rapids homes for sale to compare.
What type of heating and cooling does 25131 Franklin Lake Road have?
25131 Franklin Lake Road has Boiler, Forced Air, Fireplace(s), Heat Pump, In-Floor Heating, Radiant heating and Central Air, Ductless Mini-Split, Heat Pump cooling.
Where is 25131 Franklin Lake Road located?
25131 Franklin Lake Road is in Pelican Rapids, MN 56572, in Otter Tail County.
Is 25131 Franklin Lake Road still available?
Yes — 25131 Franklin Lake Road is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 25131 Franklin Lake Road built?
25131 Franklin Lake Road was built in 2000. It features an asphalt roof and a slab foundation.
Does 25131 Franklin Lake Road have main-floor laundry?
Yes — the laundry at 25131 Franklin Lake Road is on the main level.
How many homes like 25131 Franklin Lake Road are for sale in Pelican Rapids?
17 similar homes (single-family homes between $562K and $937K 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.