Is $349,000 a good price for a home in Pelican Rapids?

At $294/sqft, this home is priced below the typical Pelican Rapids single-family home of $332/sqft (11% lower), according to our BuyPulse comparison of comparable active listings.

What are the special assessments at 48658 Alder Drive — 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 $1,557/yr. Always factor both into your total monthly housing cost before making an offer.

What type of heating and cooling does 48658 Alder Drive have?

48658 Alder Drive has Forced Air heating and Central Air cooling.

Where is 48658 Alder Drive located?

48658 Alder Drive is in the Oak Haven Beach neighborhood of Pelican Rapids, MN 56572, in Otter Tail County.

Is 48658 Alder Drive still available?

Yes — 48658 Alder Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.

When was 48658 Alder Drive built?

48658 Alder Drive was built in 2003. It features a pillar/post/pier foundation.

Does 48658 Alder Drive have main-floor laundry?

Yes — the laundry at 48658 Alder Drive is on the main level.

How many homes like 48658 Alder Drive are for sale in Pelican Rapids?

7 similar homes (single-family homes between $262K and $436K 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.

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 1 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 2 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 3 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 4 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 5 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 6 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 7 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 8 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 9 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 10 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 11 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 12 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 13 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 14 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 15 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 16 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 17 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 18 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 19 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 20 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 21 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 22 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 23 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 24 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 25 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 26 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 27 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 28 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 29 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 30 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 31 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 32 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 33 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 34 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 35 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 36 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 37 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 38 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 39 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 40 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 41 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 42 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 43 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 44 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 45 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 46 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 47 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 48 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 49 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 50 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 51 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 52 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 53 of 54)

2003 single family home for sale at 48658 Alder Drive in Pelican Rapids, MN — 3 bed, 2 bath (photo 54 of 54)

48658 Alder Drive, Pelican Rapids, MN 56572

3 Beds | 2 Baths | 1,187 Sq Ft | Single Family Home | MLS# 7090046

$349,000

Is 48658 Alder Drive a Good Deal?

BuyPulse Grade

Below Market

At $294/sqft — This home is priced 11% below the typical Pelican Rapids single-family home of $332/sqft.

$2,106/month Estimated

Principal & interest: $1,765
Property taxes: $130
Home insurance (est.): $204
Special assessments: $7
HOA dues: None

20% down ($69,800) · 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 Active

Located in Oak Haven Beach 3rd Add, Pelican Rapids, MN.

About This Home

Turnkey lake place ready for your enjoyment. This beautiful property is being sold fully furnished! Just a couple items leaving. Outdoor furniture and all household furniture and items staying other than the exclusions listed. Dock included! 3 bedrooms and 2 bathrooms, updated siding, maintenance free deck, plus a large sunken living room and spacious kitchen make this the perfect affordable lake place. Add the garage with 1/2 bath and changing area, plus a full RV hookup on the property with 30amp electric, water, and sewer!! This creates a property where you can invite your friends and enjoy Tamarac which is just a 45 min drive to the FM area!! Agent related to Seller

Virtual Tour

Take a virtual tour of this home

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $262K and $436K in Pelican Rapids:

The field: 7 similar Pelican Rapids homes for sale — a short list right now.

Key Features

Property Type: Single Family
Year Built: 2003
Above Grade: 1,187 sq ft
Lot Size: 0.46 acres
Lot Features: Accessible Shoreline
Garage: 1-car (Detached Garage)
Heating: Forced Air
Cooling: Central Air
Appliances: Dishwasher, Dryer, Electric Water Heater, Fuel Tank - Owned, Microwave, Range, Refrigerator, Washer
Sewer: Holding Tank
Water: Well
Annual Taxes: $1,557
Special Assessments: $85
County: Otter Tail
Days on Market: 48

48658 Alder Drive is listed in Pelican Rapids, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 48658 Alder Drive

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®

Schedule a Home Tour

First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.

View Full Listing & Photos

MLS# 7090046 · Data refreshed August 12, 2026

Similar Homes for Sale Near 48658 Alder Drive, Pelican Rapids, MN

See all homes for sale in Pelican Rapids, MN →

Frequently Asked Questions About 48658 Alder Drive

Is $349,000 a good price for a home in Pelican Rapids?: At $294/sqft, this home is priced below the typical Pelican Rapids single-family home of $332/sqft (11% lower), according to our BuyPulse comparison of comparable active listings. Browse Pelican Rapids homes for sale to compare.
What are the special assessments at 48658 Alder Drive — 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 $1,557/yr. Always factor both into your total monthly housing cost before making an offer.
What type of heating and cooling does 48658 Alder Drive have?: 48658 Alder Drive has Forced Air heating and Central Air cooling.
Where is 48658 Alder Drive located?: 48658 Alder Drive is in the Oak Haven Beach neighborhood of Pelican Rapids, MN 56572, in Otter Tail County.
Is 48658 Alder Drive still available?: Yes — 48658 Alder Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 48658 Alder Drive built?: 48658 Alder Drive was built in 2003. It features a pillar/post/pier foundation.
Does 48658 Alder Drive have main-floor laundry?: Yes — the laundry at 48658 Alder Drive is on the main level.
How many homes like 48658 Alder Drive are for sale in Pelican Rapids?: 7 similar homes (single-family homes between $262K and $436K 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.