1983 condo for sale at 31018 Rasmussen Road, Unit 208 in Pequot Lakes, MN — 2 bed, 1 bath (photo 1 of 43)

31018 Rasmussen Road, Unit 208, Pequot Lakes, MN 56472

Open House

  • Open House: Saturday, November 7, 2026 · 2:00 PM – 4:00 PM

M Premiere — Just Listed — listed November 2, 2026

2 Beds | 1 Bath | 1,295 Sq Ft | Condo | MLS# 7167669

$199,900

$1,633/month Estimated

Principal & interest
$1,090
Property taxes
$99
Home insurance (est.)
$117
Special assessments
$2
HOA dues
$325/mo

20% down ($39,980) · 30-yr fixed, 7.24%

Try our home affordability calculator

Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.

Pequot Lakes, MN Active

Located in Condo #1001 Scandia North 1st Suppl, Pequot Lakes, MN.

About This Home

Enjoy easy living in the heart of Pequot Lakes! Located in a desirable 55+ community, this beautifully updated condo offers over 1,200+ square feet of comfortable, single-level living with a spacious 2-bedroom, 1-bathroom floor plan and 1 stall garage unit. Freshly painted throughout, the home features new LVP flooring, new appliances, updated lighting and plumbing fixtures, a newer mini-split system for year-round comfort, and the convenience of in-unit laundry. Enjoy low-maintenance living with fantastic association amenities, including access to an indoor heated swimming pool! Ideally situated just minutes from local shopping, dining, golf courses, and the Paul Bunyan Trail, you'll love having everything Pequot Lakes has to offer right outside your door. Whether you're looking to simplify, downsize, or enjoy an active lifestyle in a welcoming community, this move-in-ready condo is a wonderful place to call home!

3D Home Tour

Take a 3D home tour of this home

BuyPulse · Live market read

How 31018 Rasmussen Road Compares to the Pequot Lakes Market

At $154/sqft, this home is priced $120/sqft below the Pequot Lakes median of $274/sqft.

The median list price in Pequot Lakes is $474,000.

Verdict: Excellent Value

Powered by the Realgorithm™ — real Pequot Lakes closings, zero guesses · NorthstarMLS

Key Features

Unit
208
Built
1983
Garage
1-Car Detached
Style
One
HOA
$325/Monthly
HOA Includes
Building Exterior, Controlled Access, Hazard Insurance, Lawn Care, Maintenance Grounds, Parking, Shared Amenities, Snow Removal
Annual Taxes
$1,191 (2026)
Specials/yr
$25

Property Details

Property Type
(CC) Low Rise (3- Levels)
Above Grade Sq Ft
1,295
Lot Size
0.04 acres
Basement
No
Construction
Brick
County
Crow Wing
List Date
2026-11-02
Days on Market
2 days
Parcel ID
29140505

Financial

Total Tax incl. Assessments
$1,216
Specials Pending
No
HOA Name
Scandia North Condo Assoc-Debra Norman Treas.

Home Systems & Utilities

Heating
Baseboard, Ductless Mini-Split
Cooling
Ductless Mini-Split
Water
City Water/Connected
Sewer
City Sewer/Connected
Appliances
Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer

Interior Features

Laundry
Laundry Closet, In Unit

Construction & Exterior

Construction & Structure

Foundation Type
Brick/Mortar
Foundation Area
1,295 sqft
Total Building Area
1,295 sqft

Exterior Features

Exterior Features
Stone
Pool
Yes
Fenced Area
Yes
Other Structures
Garage(s)
Accessibility Features
Accessible Elevator Installed, Hallways 42"+

Parking & Garage

Parking Features
Detached Garage, Asphalt, Parking Lot, Paved Lot

Lot & Land

Road Surface
County Road
Zoning Description
Residential-Multi-Family

Agent & Office

List Office
Edina Realty, Inc.

Price History

Listed at $199,900 on Nov 2, 2026 — No price changes

31018 Rasmussen Road, Unit 208 is listed in Pequot Lakes, MN, part of Crow Wing County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 31018 Rasmussen Road, Unit 208

Shannon Barnum

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®

Schedule a Home Tour View Full Listing & Photos

MLS# 7167669 · Updated November 3, 2026

Similar Homes for Sale Near 31018 Rasmussen Road, Pequot Lakes, MN

See all homes for sale in Pequot Lakes, MN →

Frequently Asked Questions About 31018 Rasmussen Road, Unit 208

Is $199,900 a good price for a home in Pequot Lakes?
According to BuyPulse, 31018 Rasmussen Road rates Excellent Value — at $154/sqft it's priced 44% below the Pequot Lakes median of $274/sqft. Powered by the Realgorithm™. Browse Pequot Lakes homes for sale to compare.
What are the special assessments at 31018 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 $1,191/yr. Always factor both into your total monthly housing cost before making an offer.

What special assessments cost in Fargo-Moorhead — live figures on every home for sale.

Does 31018 Rasmussen Road have an HOA?
Yes, 31018 Rasmussen Road has a homeowners association with dues of $325 monthly. HOA includes: Building Exterior, Controlled Access, Hazard Insurance, Lawn Care, Maintenance Grounds, Parking, Shared Amenities, Snow Removal.
What type of heating and cooling does 31018 Rasmussen Road have?
31018 Rasmussen Road has Baseboard, Ductless Mini-Split heating and Ductless Mini-Split cooling.
Where is 31018 Rasmussen Road located?
31018 Rasmussen Road is in the Condo #1001 Scandia North 1st Suppl neighborhood of Pequot Lakes, MN 56472, in Crow Wing County.
Is 31018 Rasmussen Road still available?
Yes — 31018 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 31018 Rasmussen Road built?
31018 Rasmussen Road was built in 1983. It features brick construction and a brick/mortar foundation.
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.

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.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/04/2026, 7:59 AM CST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.