




















































43951 Percheron Loop, Pelican Rapids, MN 56572
4 Beds | 4 Baths | 2,760 Sq Ft | Single Family Home | MLS# 7040820
M Markdowns — Price Reduced — was $750,000 (↓ $10,000)
Is 43951 Percheron Loop a Good Deal?
BuyPulse Grade
Below Market
At $268/sqft — This home is priced 19% below the typical Pelican Rapids single-family home of $332/sqft.
Powered by the Realgorithm™ — 43 active Pelican Rapids listings · NorthstarMLS
$4,418/month Estimated
- Principal & interest
- $3,742
- Property taxes
- $237
- Home insurance (est.)
- $432
- Special assessments
- $7
- HOA dues
- None
20% down ($148,000) · 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.
Located in Geske Add, Pelican Rapids, MN.
About This Home
Lakeside Living Meets Everyday Luxury – Just Minutes from Pelican Rapids! This beautifully maintained 4-bedroom, 4-bath home offers the perfect blend of comfort, convenience, and waterfront charm, just 2 miles from Pelican Rapids on Highway 59.. Property Highlights: - Spacious & Smart Layout: 4 bedrooms and 4 bathrooms provide room to spread out and unwind, with heated floors in 2 baths adding a cozy touch. - Outdoor Oasis: Maintenance-free wraparound deck (new fall 2020), propane grill hookup, and included dock make lake life a breeze. - Shoreline Paradise: Clear water and a nice stretch of shoreline create the ideal setting for fishing, swimming, or relaxing sunsets. -Updates: - Steel siding (July 2021) - New shingles (July 2024) - New well (May 2025) -Newly remodeled sunroom (2025) - Fiber optic internet for reliable streaming & work-from-home setup - Year-Round Comfort: Heated, insulated garage featuring a Marathon water heater and cozy propane stove in the living room ensure a warm welcome no matter the season.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $555K and $925K 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
- 1971
- Above Grade
- 2,760 sq ft
- Lot Size
- 0.93 acres
- Garage
- 2-car (Attached Garage)
- Heating
- Forced Air, In-Floor Heating
- Cooling
- Central Air
- Basement
- Yes
- Sewer
- Septic System Compliant - Yes
- Water
- Well
- Annual Taxes
- $2,844
- Special Assessments
- $85
- County
- Otter Tail
- Days on Market
- 150
43951 Percheron Loop is listed in Pelican Rapids, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 43951 Percheron Loop
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.
See all Pelican Rapids homes ›
Listed by Park Co., REALTORS® · Shown by Modern Market REALTORS®
Buying a home in Pelican Rapids? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7040820 · Data refreshed August 19, 2026
Similar Homes for Sale Near 43951 Percheron Loop, Pelican Rapids, MN
- 41780 Kansas Point Lane — $695,000 · 5 bed · 3 bath
- 44585 Monument Beach Loop — $689,000 · 3 bed · 2 bath
- 24295 Matson Point Trail — $674,900 · 4 bed · 3 bath
- 23716 Stony Bar Circle — $674,000 · 3 bed · 3 bath
- 44308 220th Avenue — $659,000 · 4 bed · 3 bath
- 24718 W Elbow Road — $599,999 · 3 bed · 2 bath
Frequently Asked Questions About 43951 Percheron Loop
- Is $740,000 a good price for a home in Pelican Rapids?
- At $268/sqft, this home is priced below the typical Pelican Rapids single-family home of $332/sqft (19% lower), according to our BuyPulse comparison of comparable active listings. Browse Pelican Rapids homes for sale to compare.
- What are the special assessments at 43951 Percheron Loop — 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 $2,844/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 43951 Percheron Loop have a basement?
- Yes, 43951 Percheron Loop has a basement.
- What type of heating and cooling does 43951 Percheron Loop have?
- 43951 Percheron Loop has Forced Air, In-Floor Heating and Central Air cooling.
- Where is 43951 Percheron Loop located?
- 43951 Percheron Loop is in the Geske neighborhood of Pelican Rapids, MN 56572, in Otter Tail County.
- Is 43951 Percheron Loop still available?
- Yes — 43951 Percheron Loop is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 43951 Percheron Loop built?
- 43951 Percheron Loop was built in 1971. It features a block, slab foundation.
- How many homes like 43951 Percheron Loop are for sale in Pelican Rapids?
- 17 similar homes (single-family homes between $555K and $925K 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.