47069 425th Ave, Perham, MN 56573
Single Family Home for Sale in Perham, MN Lakefront on Otter Tail River(Red Rive · 313 acres · 55 ft deep 3 Beds | 2½ Baths | 3,600 Sq Ft
M Markdowns — Price Reduced — was $665,000 (↓ $15,000)
$4,129/month Estimated
- Principal & interest
- $3,544
- Property taxes
- $199
- Home insurance (est.)
- $379
- Special assessments
- $7
- HOA dues
- None
20% down ($130,000) · 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.
About This Home
CUSTOM-BUILT HOME ON OTTER TAIL RIVER! Experience exceptional Privacy & Craftsmanship with this stunning 2016 custom-built home set on 6 beautifully wooded acres with over 1,400 ft. of frontage on the Otter Tail River. Tucked into a peaceful rural setting, this property offers quiet country living with convenient access to Perham just minutes away. With the right watercraft, the Otter Tail River can provide access to a remarkable chain of premier fishing lakes. Inside, Thoughtful Craftsmanship & High-End Finishes are found throughout, including Marvin Casement Windows, Designer Lighting Fixtures, and Custom Outlets & Switches. The Chef’s Kitchen is a true centerpiece, featuring an Oversized Island, Granite Countertops, Custom Cabinetry, and Luxury Thermador Appliances. The open-concept living room brings everything together with Panoramic River Views, 18 Ft. Vaulted Ceilings, and a beautiful Masonry Fireplace. The Primary Suite is equally impressive, offering sweeping River Views, a Walk-In Closet, and an Ensuite Bath straight out of a magazine. Highlights include a Walk-In Shower, Soaking Tub, Dual Vanities, and a custom Stone Accent Wall with each stone Hand-Selected for the perfect fit. Downstairs, the Fully Finished Basement adds versatility with two additional Bedrooms, a Full Bath, a Family Room, a Home Office that can double as guest overflow, and high-end utility systems that reflect the home’s quality. From the setting and shoreline to the finishes and craftsmanship, this property delivers a one-of-a-kind experience that perfectly captures everything great about Lakes Country.
BuyPulse · Live market read
How 47069 425th Ave Compares to the Perham Market
At $181/sqft, this home is priced $2/sqft above the typical Perham single-family home of $179/sqft.
The median list price in Perham is $369,500.
Verdict: Fair Market Value
Homes like this one — single-family homes between $488K and $813K in Perham:
- The field: 10 similar Perham homes for sale — you have options.
- Price cuts: 4 of 10 similar homes have trimmed asking — median trim $20,550. This one already cut $15,000.
- Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.
Powered by the Realgorithm™ — real Perham closings, zero guesses · NorthstarMLS
Key Features
- Built
- 2016
- Style
- One
- HOA
- None
- Annual Taxes
- $2,387 (2026)
- Specials/yr
- $85
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,835
- Below Grade Sq Ft
- 1,765
- Lot Size
- 6.03 acres
- Basement
- Yes
- Roof
- Asphalt
- Construction
- Concrete, Frame
- County
- Otter Tail
- List Date
- 2026-05-22
- Days on Market
- 174 days
- Parcel ID
- 30000270170000
Financial
- Total Tax incl. Assessments
- $2,472
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Boiler, Hot Water, In-Floor Heating, Radiant
- Cooling
- None
- Electric
- 200+ Amp Service
- Water
- Drilled, Private, Well
- Sewer
- Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
- Appliances
- Dishwasher, Double Oven, Dryer, Exhaust Fan, Freezer, Fuel Tank - Rented, Gas Water Heater, Water Filtration System, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
Interior Features
- Laundry
- Lower Level, Laundry Room, Sink
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Poured Concrete
- Foundation Area
- 1,765 sqft
- Total Building Area
- 3,600 sqft
Exterior Features
- Exterior Features
- Stone, Engineered Wood
- Other Structures
- Greenhouse
- View
- West
- Accessibility Features
- Other
Parking & Garage
- Parking Features
- Driveway - Other Surface
Lot & Land
- Lot Features
- Accessible Shoreline, Tree Coverage - Medium
- Topography
- High Ground,Solar Oriented,Wooded
- Road Surface
- Township
- Wooded Area
- 3.8 acres
- Zoning Description
- Shoreline,Residential-Single Family
Waterfront
- Waterfront
- Yes
- Lake
- Otter Tail River(Red Rive
- Lake Acres
- 313.22 acres
- Lake Depth
- 55 ft
Agent & Office
- List Office
- Jack Chivers Realty
Price History
Reduced $15,000 (2.3%)
- Price reduced to $665,000 — Aug 4, 2026
- Price reduced to $650,000 — Nov 2, 2026
47069 425th Ave is listed in Perham, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 47069 425th Ave
Associate Broker · Modern Market REALTORS®
Your Perham real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Jack Chivers Realty · Shown by Modern Market REALTORS®
Buying a home in Perham? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7062285 · Updated November 2, 2026
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Frequently Asked Questions About 47069 425th Ave
- Is $650,000 a good price for a home in Perham?
- According to BuyPulse, 47069 425th Ave rates Fair Market Value — at $181/sqft it's priced right at the typical Perham single-family home of $179/sqft. Powered by the Realgorithm™. Browse Perham homes for sale to compare.
- What are the special assessments at 47069 425th Ave — 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 $2,387/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 47069 425th Ave have a basement?
- Yes, 47069 425th Ave has a finished basement with 1,765 sq ft of below-grade space.
- What type of heating and cooling does 47069 425th Ave have?
- 47069 425th Ave has Boiler, Hot Water, In-Floor Heating, Radiant heating and None cooling.
- Where is 47069 425th Ave located?
- 47069 425th Ave is in Perham, MN 56573, in Otter Tail County.
- Is 47069 425th Ave still available?
- Yes — 47069 425th Ave is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 47069 425th Ave built?
- 47069 425th Ave was built in 2016. It features concrete, frame construction, an asphalt roof, and a poured concrete foundation.
- Does 47069 425th Ave have main-floor laundry?
- No — the laundry at 47069 425th Ave is in the lower level.
- How many homes like 47069 425th Ave are for sale in Perham?
- 10 similar homes (single-family homes between $488K and $813K in Perham) are for sale right now — you have options.
- 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 Perham area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/12/2026, 1:49 PM 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.