1954 single family home for sale at 48488 Pike Beach Road in Pelican Rapids, MN — 2 bed, 1 bath

48488 Pike Beach Road, Pelican Rapids, MN 56572

2 Beds | 1 Bath | 912 Sq Ft | Single Family Home | MLS# 7104989

Price Drop on M Markdowns — was $425,000 (↓ $25,100)

$399,900

Is 48488 Pike Beach Road a Good Deal?

BuyPulse Verdict

Premium Pricing

At $438/sqft — This home is priced 12% above the typical Pelican Rapids single-family home of $391/sqft.

Your Negotiating Position

84 — Strong buyer leverage

Day 75 — Pelican Rapids homes overall typically go under contract by day ~14. This one is past that window.

4 similar homes for sale — alternatives if they won't move.

This seller already cut $25,100 — motivation showing.

Powered by the Realgorithm™ — 33 active Pelican Rapids listings · NorthstarMLS

$2,391/month Estimated

Principal & interest
$2,022
Property taxes
$136
Home insurance (est.)
$233
HOA dues
None

20% down ($79,980) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Pelican Rapids, MN Active

Located in Pike Beach, Pelican Rapids, MN.

About This Home

Lake memories start here. Tucked away at the end of a publicly maintained road, this charming 2-bedroom, 1-bath seasonal cabin on Tamarac Lake is the perfect place to slow down, spend time outdoors, and enjoy summers the way they were meant to be. The lake-facing sunroom is ideal for morning coffee, rainy-day card games, or relaxing after a day on the water. This isn't a high-maintenance lake home, it's a true cabin designed for simple, carefree weekends. Arrive, change into your lake clothes, and spend your days boating, fishing, kayaking, or gathering with friends at the sandbar. As evening falls, settle in around the fire and enjoy everything lake life has to offer. Currently used as a seasonal cabin and not winterized, the property offers excellent potential for future improvements if extended use is desired. Turnkey property being sold as is thus providing an opportunity to start enjoying the lake immediately. Sale includes most furniture, furnishings, appliances, docks, lawn care equipment, and other personal property—making it easy to arrive, unpack, and start making memories. Conveniently located just 10 miles north of Pelican Rapids, 20 miles from Detroit Lakes and an easy 45 min drive from the Fargo-Moorhead area, this is your chance to own an affordable lakeside getaway and start creating memories that will last for generations.

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $300K and $500K in Pelican Rapids:

  • The field: 4 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
1954
Above Grade
912 sq ft
Lot Size
0.27 acres
Lot Features
Accessible Shoreline
Garage
1-car (Attached Garage)
Heating
None
Cooling
Wall Unit(s)
Appliances
Electric Water Heater, Microwave, Range, Refrigerator
Sewer
Tank with Drainage Field
Water
Drilled, Well
Annual Taxes
$1,634
County
Otter Tail
Days on Market
75

48488 Pike Beach Road is listed in Pelican Rapids, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 48488 Pike Beach 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 Beyond Realty · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7104989 · Data refreshed August 27, 2026

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Frequently Asked Questions About 48488 Pike Beach Road

Is $399,900 a good price for a home in Pelican Rapids?
According to BuyPulse, 48488 Pike Beach Road rates Premium Pricing — at $438/sqft it's priced 12% above the typical Pelican Rapids single-family home of $391/sqft. Its negotiating-position score is 84/100 (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 48488 Pike Beach Road have?
48488 Pike Beach Road has None heating and Wall Unit(s) cooling.
Where is 48488 Pike Beach Road located?
48488 Pike Beach Road is in the Pike Beach neighborhood of Pelican Rapids, MN 56572, in Otter Tail County.
Is 48488 Pike Beach Road still available?
Yes — 48488 Pike Beach Road is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 48488 Pike Beach Road built?
48488 Pike Beach Road was built in 1954. It features a block foundation.
Does 48488 Pike Beach Road have main-floor laundry?
Yes — the laundry at 48488 Pike Beach Road is on the main level.
How walkable is 48488 Pike Beach Road?
48488 Pike Beach Road has a Walk Score of 1/100 (Car-Dependent) and a Bike Score of 25/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
How many homes like 48488 Pike Beach Road are for sale in Pelican Rapids?
4 similar homes (single-family homes between $300K and $500K in Pelican Rapids) are for sale right now — a short list right now.
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.