30973 Rasmussen Road, Pequot Lakes, MN 56472
Just Listed on M Premiere — listed September 11, 2026
5 Beds | 3 Baths | 2,154 Sq Ft | Single Family Home | MLS# 7140632
Is 30973 Rasmussen Road a Good Deal?
BuyPulse Verdict
Excellent Value
At $200/sqft — This home is priced 28% below the typical Pequot Lakes single-family home of $278/sqft.
Your Negotiating Position
56 — Balanced market
Day 0 — similar homes typically go under contract by day ~21, so this one is early in its window.
38% of recent sales closed at or over asking — most sellers here negotiate.
17 similar homes for sale — alternatives if they won't move.
Powered by the Realgorithm™ — 55 active Pequot Lakes listings · NorthstarMLS
$2,653/month Estimated
- Principal & interest
- $2,174
- Property taxes
- $226
- Home insurance (est.)
- $251
- Special assessments
- $2
- HOA dues
- None
20% down ($86,000) · 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 COLES PLAT OF PEQUOT, Pequot Lakes, MN.
About This Home
Downtown Pequot Lakes — Turnkey, Fully Furnished Home with Proven Rental Income. Beautifully renovated and fully furnished 5BR/3BA home with 3-car garage, ideally located just one block from downtown Pequot Lakes. This turnkey property offers a unique opportunity for an investor, second-home buyer, or full-time resident. Originally renovated with a $200K+ investment, the property has continued to receive improvements since October 2024, including a brand-new exterior AC unit, air exchanger, professional landscaping, and numerous cosmetic updates. The spacious interior features vaulted ceilings, a generous primary suite with private bath, updated bathrooms, quartz countertops, upgraded lighting and fixtures, and a well-appointed kitchen. Enjoy the large deck, private backyard, and inviting front porch. Home is being sold fully furnished with high-end furnishings, décor, appliances, and household items. Strong rental history: approximately $40,000 in rental income in 2025 through a combination of long-term and Airbnb rentals. The property is on track for approximately $40,000 in 2026 through a long-term rental. Current tenant is leased through May 31, 2027, providing established rental income for the new owner. Rental demand has been strong, with four prospective tenants expressing interest within 72 hours when the property was offered for rent. Enjoy the convenience of being just one block from downtown, with restaurants, churches, shops, schools, and everyday amenities within easy walking distance. Families will appreciate the proximity to Pequot Lakes schools, including highly regarded Pequot Lakes High School. Outdoor enthusiasts will enjoy nearby access to the Paul Bunyan Trail, offering approximately 115 miles of trails for biking and snowmobiling. Highway 371 is just minutes away for convenient access throughout the Brainerd Lakes Area. Turnkey. Fully furnished. Updated. Income-producing. Leased through May 2027. Exceptional downtown location. A rare opportunity to own a versatile property with proven rental performance and immediate income already in place.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $322K and $537K in Pequot Lakes:
- The field: 17 similar Pequot Lakes homes for sale — you have options.
- Tempo: homes like this went pending in a median 21 days — 0 of the last 9 inside 4 days.
- Negotiation: 38% of the last 16 sales here closed at or over list — there's room to negotiate.
Powered by the Realgorithm™ — 16 real Pequot Lakes closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1985
- Above Grade
- 1,104 sq ft
- Below Grade
- 1,050 sq ft
- Lot Size
- 0.31 acres
- Garage
- 3-car (Detached Garage, Asphalt, Electric, Garage Door Opener)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Finished
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $2,717
- Special Assessments
- $25
- County
- Crow Wing
- Days on Market
- 0
30973 Rasmussen Road is listed in Pequot Lakes, MN, part of Crow Wing County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 30973 Rasmussen Road
Associate Broker · Modern Market REALTORS®
Your Pequot Lakes real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Edina Realty, Inc. · Shown by Modern Market REALTORS®
Buying a home in Pequot Lakes? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7140632 · Data refreshed September 11, 2026
Similar Homes for Sale Near 30973 Rasmussen Road, Pequot Lakes, MN
Frequently Asked Questions About 30973 Rasmussen Road
- Is $429,999 a good price for a home in Pequot Lakes?
- According to BuyPulse, 30973 Rasmussen Road rates Excellent Value — at $200/sqft it's priced 28% below the typical Pequot Lakes single-family home of $278/sqft. Its negotiating-position score is 56/100 (Balanced market), weighed on days on market, comparable inventory, and how Pequot Lakes homes are closing versus list. Powered by the Realgorithm™. Browse Pequot Lakes homes for sale to compare.
- What are the special assessments at 30973 Rasmussen Road — and what do they mean?
- This property has $25/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 $2,717/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 30973 Rasmussen Road have a basement?
- Yes, 30973 Rasmussen Road has a finished basement with 1,050 sq ft of below-grade space.
- What type of heating and cooling does 30973 Rasmussen Road have?
- 30973 Rasmussen Road has Forced Air heating and Central Air cooling.
- Where is 30973 Rasmussen Road located?
- 30973 Rasmussen Road is in the Coles Plat Of Pequot neighborhood of Pequot Lakes, MN 56472, in Crow Wing County.
- Is 30973 Rasmussen Road still available?
- Yes — 30973 Rasmussen Road is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 30973 Rasmussen Road built?
- 30973 Rasmussen Road was built in 1985. It features frame construction and a block foundation.
- Does 30973 Rasmussen Road have main-floor laundry?
- No — the laundry at 30973 Rasmussen Road is in the lower level.
- How many homes like 30973 Rasmussen Road are for sale in Pequot Lakes?
- 17 similar homes (single-family homes between $322K and $537K in Pequot Lakes) are for sale right now — you have options.
- How fast do homes like 30973 Rasmussen Road sell in Pequot Lakes?
- Homes like this one (single-family homes between $322K and $537K in Pequot Lakes) went pending in a median 21 days over the last 90 days — 0 of the last 9 went under contract within 4 days.
- Do homes in Pequot Lakes sell for asking price?
- 38% of the last 16 comparable Pequot Lakes sales closed at or over list price — there's room to negotiate. Based on real NorthstarMLS closings, not estimates.
- What does "M Premiere" mean?
- M Premiere™ is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
- 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 Pequot Lakes area.