48978 Fish Lake Road, Pelican Rapids, MN 56572
3 Beds | 1 Bath | 1,616 Sq Ft | Single Family Home | MLS# 7073039
BuyPulse Grade
Below Market
At $265/sqft — This home is priced 17% below the typical Pelican Rapids single-family home of $319/sqft.
Powered by the Realgorithm™ — 47 active Pelican Rapids listings · NorthstarMLS
$2,547/month Estimated
- Principal & interest
- $2,169
- Property taxes
- $128
- Home insurance (est.)
- $250
- HOA dues
- None
20% down ($85,800) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
About This Home
Prime Location Awaits! As the saying goes, “location, location, location!” Nestled in the picturesque lakes area, this six-acre property sits directly across from Fish/Pelican Lake and adjacent to the upcoming 165-acre Echo Bay Park! This property comprises two plotted parcels. The first includes the house, septic system, well, and 40x40 fully insulated and heated shop while the second parcel is currently free of any structures. The house would appreciate some TLC, or perhaps you envision removing it for a new opportunity! The possibilities are nearly endless—come and explore this fantastic opportunity today! Some photos have been virtually staged.
BuyPulse — Live Market Read
Homes like this one — single-family homes between $322K and $536K in Pelican Rapids:
- The field: 6 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
- 1959
- Above Grade
- 1,616 sq ft
- Lot Size
- 6.00 acres
- Lot Features
- Corner Lot, Tree Coverage - Medium
- Garage
- 4-car (Attached Garage, Detached Garage, Asphalt)
- Heating
- Boiler, Forced Air
- Cooling
- Central Air
- Basement
- Yes
- Appliances
- Electric Water Heater, Range, Refrigerator
- Sewer
- Septic System Compliant - Yes
- Water
- Well
- Annual Taxes
- $1,540
- County
- Otter Tail
- Days on Market
- 82
48978 Fish Lake Road is listed in Pelican Rapids, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 48978 Fish 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.
See all Pelican Rapids homes ›
Listed by HomeSmart Adventure Realty · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7073039 · Data refreshed May 27, 2026
More Homes for Sale in Pelican Rapids, MN
Frequently Asked Questions About 48978 Fish Lake Road
- Is $429,000 a good price for a home in Pelican Rapids?
- At $265/sqft, this home is priced below the typical Pelican Rapids single-family home of $319/sqft (17% lower), according to our BuyPulse comparison of comparable active listings. Browse Pelican Rapids homes for sale to compare.
- Does 48978 Fish Lake Road have a basement?
- Yes, 48978 Fish Lake Road has a basement.
- What type of heating and cooling does 48978 Fish Lake Road have?
- 48978 Fish Lake Road has Boiler, Forced Air heating and Central Air cooling.
- Where is 48978 Fish Lake Road located?
- 48978 Fish Lake Road is in Pelican Rapids, MN 56572, in Otter Tail County.
- Is 48978 Fish Lake Road still available?
- Yes — 48978 Fish 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 48978 Fish Lake Road built?
- 48978 Fish Lake Road was built in 1959. It features a block foundation.
- How many homes like 48978 Fish Lake Road are for sale in Pelican Rapids?
- 6 similar homes (single-family homes between $322K and $536K 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.