31880 Terrois Lane, Pequot Lakes, MN 56472
3 Beds | 1 Bath | 1,400 Sq Ft | Single Family Home | MLS# 7116659
BuyPulse Grade
Well Below Market
At $161/sqft — This home is priced 43% below the typical Pequot Lakes single-family home of $284/sqft.
Powered by the Realgorithm™ — 53 active Pequot Lakes listings · NorthstarMLS
$1,418/month Estimated
- Principal & interest
- $1,138
- Property taxes
- $147
- Home insurance (est.)
- $131
- Special assessments
- $2
- HOA dues
- None
20% down ($45,000) · 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 Field Of Dreams, Pequot Lakes, MN.
About This Home
Welcome to this inviting 3-bedroom, 1-bath home situated on nearly an acre just outside of Pequot Lakes. Offering the perfect blend of peaceful country living and convenient access to town, this property is ideal for first-time homebuyers, those looking to downsize, or anyone seeking extra space to enjoy. The home features a 20' x 24' detached two-car garage, providing plenty of room for vehicles, storage, or a workshop. Outdoor enthusiasts will love being just minutes from the Paul Bunyan Trail, offering miles of scenic biking, walking, and snowmobiling opportunities. With a spacious yard, great location, and endless potential to make it your own, this property is ready for its next owner. Don't miss your chance to enjoy the best of the Brainerd Lakes Area at an affordable price!
BuyPulse — Live Market Read
Homes like this one — single-family homes between $169K and $281K in Pequot Lakes:
- The field: 6 similar Pequot Lakes homes for sale — a short list right now.
Powered by the Realgorithm™ — real Pequot Lakes closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1990
- Above Grade
- 928 sq ft
- Below Grade
- 472 sq ft
- Lot Size
- 0.93 acres
- Lot Features
- Tree Coverage - Light
- Garage
- 2-car (Detached Garage, Driveway - Other Surface, Garage Door Opener)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Yes
- Appliances
- Dryer, Range, Refrigerator, Washer
- Sewer
- Private Sewer, Tank with Drainage Field
- Water
- Drilled, Well
- Annual Taxes
- $1,765
- Special Assessments
- $25
- County
- Crow Wing
- Days on Market
- 9
31880 Terrois Lane is listed in Pequot Lakes, MN, part of Crow Wing County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 31880 Terrois Lane
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 RE/MAX Advantage Plus · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7116659 · Data refreshed August 1, 2026
More Homes for Sale in Pequot Lakes, MN
Frequently Asked Questions About 31880 Terrois Lane
- Is $225,000 a good price for a home in Pequot Lakes?
- At $161/sqft, this home is priced significantly below the typical Pequot Lakes single-family home of $284/sqft (43% lower), according to our BuyPulse comparison of comparable active listings. Browse Pequot Lakes homes for sale to compare.
- What are the special assessments at 31880 Terrois Lane — 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 $1,765/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 31880 Terrois Lane have a basement?
- Yes, 31880 Terrois Lane has a basement with 472 sq ft of below-grade space.
- What type of heating and cooling does 31880 Terrois Lane have?
- 31880 Terrois Lane has Forced Air heating and Central Air cooling.
- Where is 31880 Terrois Lane located?
- 31880 Terrois Lane is in the Field Of Dreams neighborhood of Pequot Lakes, MN 56472, in Crow Wing County.
- Is 31880 Terrois Lane still available?
- Yes — 31880 Terrois Lane is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 31880 Terrois Lane built?
- 31880 Terrois Lane was built in 1990. It features a block foundation.
- How many homes like 31880 Terrois Lane are for sale in Pequot Lakes?
- 6 similar homes (single-family homes between $169K and $281K in Pequot Lakes) 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 Pequot Lakes area.