51313 Knoll Road, Pelican Rapids, MN 56572
4 Beds | 4 Baths | 3,996 Sq Ft | Single Family Home | MLS# 7064420
Price Drop on M Markdowns — was $1,459,000 (↓ $60,000)
Is 51313 Knoll Road a Good Deal?
BuyPulse Verdict
Strong Value
At $350/sqft — This home is priced 10% below the typical Pelican Rapids single-family home of $391/sqft.
Your Negotiating Position
76 — Strong buyer leverage
Day 141 — Pelican Rapids homes overall typically go under contract by day ~14. This one is past that window.
7 similar homes for sale — alternatives if they won't move.
This seller already cut $60,000 — motivation showing.
Powered by the Realgorithm™ — 33 active Pelican Rapids listings · NorthstarMLS
$8,909/month Estimated
- Principal & interest
- $7,074
- Property taxes
- $1,012
- Home insurance (est.)
- $816
- Special assessments
- $7
- HOA dues
- None
20% down ($279,800) · 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.
Located in Martin Knoll, Pelican Rapids, MN.
About This Home
NEW PRICE + FULLY FURNISHED! This is lake life done right. Turnkey and completely remodeled from top to bottom, this 4-bedroom, 4-bath home sits on over 2 acres with an impressive 241 feet of Pelican Lake shoreline—and the furniture is now included. Inside, you’ll find loads of natural light, beautifully refinished hardwood floors, a custom kitchen made for gathering, and two true primary suites, alpng with a massive main floor bedroom offering flexibility for guests, multi-generational living, or a private retreat. The lower level provides even more room to spread out with a spacious family room and bar, additional bedroom, flex space, large bonus room, and laundry. Outside, the property is designed for enjoying lake life with an outdoor kitchen, hot tub, electric tram to the water, updated exterior, new septic system, and two garages with plenty of room for vehicles and lake toys. The 3-bay Gal-Va-Dock system and three boat lifts are also included. Located less than half a mile from Zorbaz and now priced $20,000 lower, this is an incredible opportunity to own a turnkey, fully furnished Pelican Lake property with everything in place to start enjoying lake life year-round from day one.
Virtual Tour
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $1.0M and $1.7M in Pelican Rapids:
- The field: 7 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
- 1948
- Above Grade
- 2,184 sq ft
- Below Grade
- 1,812 sq ft
- Lot Size
- 2.25 acres
- Lot Features
- Accessible Shoreline, Irregular Lot, Tree Coverage - Light
- Garage
- 4-car (Attached Garage, Detached Garage, Concrete, Finished Garage, Heated Garage, Insulated Garage, Paved Lot)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Yes
- Appliances
- Cooktop, Dishwasher, Disposal, Double Oven, Dryer, Microwave, Refrigerator, Stainless Steel Appliances, Washer
- Sewer
- Septic System Compliant - Yes
- Water
- Private
- Annual Taxes
- $12,149
- Special Assessments
- $85
- County
- Otter Tail
- Days on Market
- 141
51313 Knoll Road is listed in Pelican Rapids, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 51313 Knoll Road
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View Full Listing & PhotosMLS# 7064420 · Data refreshed September 15, 2026
Similar Homes for Sale Near 51313 Knoll Road, Pelican Rapids, MN
- 24086 Bass Harbor Trail — $1,350,000 · 3 bed · 3 bath
- 44662 County Highway 31 — $1,310,000 · 4 bed · 3 bath
- 23040 S Lizzie Isle — $1,295,000 · 3 bed · 1 bath
- 20971 Summer Haven Road — $1,585,000 · 3 bed · 2 bath
- 49567 Fish Lake Road — $1,600,000 · 2 bed · 1 bath
- 23455 Sunset Beach Trail — $1,145,000 · 5 bed · 3 bath
Frequently Asked Questions About 51313 Knoll Road
- Is $1,399,000 a good price for a home in Pelican Rapids?
- According to BuyPulse, 51313 Knoll Road rates Strong Value — at $350/sqft it's priced 10% below the typical Pelican Rapids single-family home of $391/sqft. Its negotiating-position score is 76/100 (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 are the special assessments at 51313 Knoll Road — 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 $12,149/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 51313 Knoll Road have a basement?
- Yes, 51313 Knoll Road has a basement with 1,812 sq ft of below-grade space.
- What type of heating and cooling does 51313 Knoll Road have?
- 51313 Knoll Road has Forced Air heating and Central Air cooling.
- Where is 51313 Knoll Road located?
- 51313 Knoll Road is in the Martin Knoll neighborhood of Pelican Rapids, MN 56572, in Otter Tail County.
- Is 51313 Knoll Road still available?
- Yes — 51313 Knoll Road is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 51313 Knoll Road built?
- 51313 Knoll Road was built in 1948. It features a poured concrete foundation.
- Does 51313 Knoll Road have main-floor laundry?
- No — the laundry at 51313 Knoll Road is on the upper level.
- How walkable is 51313 Knoll Road?
- 51313 Knoll Road has a Walk Score of 5/100 (Car-Dependent) and a Bike Score of 7/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 51313 Knoll Road are for sale in Pelican Rapids?
- 7 similar homes (single-family homes between $1.0M and $1.7M 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.