1020 Centennial Drive, Thief River Falls, MN 56701
8 Beds | 8 Baths | 13,261 Sq Ft | Single Family Home | MLS# 7122938
Price Drop on M Markdowns — was $1,400,000 (↓ $200,000)
Is 1020 Centennial Drive a Good Deal?
BuyPulse Verdict
Excellent Value
At $90/sqft — This home is priced 31% below the typical Thief River Falls single-family home of $130/sqft.
Powered by the Realgorithm™ — 38 active Thief River Falls listings · NorthstarMLS
$7,816/month Estimated
- Principal & interest
- $6,068
- Property taxes
- $1,048
- Home insurance (est.)
- $700
- HOA dues
- None
20% down ($240,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Rustads Add, Thief River Falls, MN.
About This Home
Experience a once-in-a-lifetime opportunity to own one of Thief River Falls' most iconic and prestigious homes. This remarkable 13,261 square foot estate offers 6 bedrooms, 6 bathrooms, 2 bonus rooms, a spacious 3 car attached garage, an additional single stall lower garage, and breathtaking river frontage in one of the area's most desirable locations. Meticulously maintained, the home features nearly new forced-air furnaces, exceptional craftsmanship, and timeless elegance throughout. A truly rare offering that combines luxury, space, and an unmatched setting. The potential is almost limitless with this home. Schedule a tour with your agent today.
Key Features
- Built
- 1993
- Garage
- 4-Car Attached
- Style
- One
- HOA
- None
- Annual Taxes
- $12,576 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 7,124
- Below Grade Sq Ft
- 6,137
- Lot Size
- 2.938 acres
- Basement
- Yes
- Roof
- Wood
- County
- Pennington
- List Date
- 2026-08-06
- Days on Market
- 67 days
- Parcel ID
- 2504700100
Financial
- Total Tax incl. Assessments
- $12,576
Home Systems & Utilities
- Heating
- Forced Air, Fireplace(s)
- Cooling
- Central Air
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dryer, Range, Refrigerator, Washer
Interior Features
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Poured Concrete
- Foundation Area
- 7,124 sqft
- Total Building Area
- 13,261 sqft
Exterior Features
- Exterior Features
- Stone
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage, Underground
Lot & Land
- Road Surface
- City Street
- Zoning Description
- Residential-Single Family
Agent & Office
- List Office
- USA Realty
Price History
- Price reduced to $1,200,000 — Sep 25, 2026
1020 Centennial Drive is listed in Thief River Falls, MN, part of Pennington County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1020 Centennial Drive
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View Full Listing & PhotosMLS# 7122938 · Data refreshed September 25, 2026
Similar Homes for Sale Near 1020 Centennial Drive, Thief River Falls, MN
Frequently Asked Questions About 1020 Centennial Drive
- Is $1,200,000 a good price for a home in Thief River Falls?
- According to BuyPulse, 1020 Centennial Drive rates Excellent Value — at $90/sqft it's priced 31% below the typical Thief River Falls single-family home of $130/sqft. Powered by the Realgorithm™. Browse Thief River Falls homes for sale to compare.
- Does 1020 Centennial Drive have a basement?
- Yes, 1020 Centennial Drive has a finished basement with 6,137 sq ft of below-grade space.
- What type of heating and cooling does 1020 Centennial Drive have?
- 1020 Centennial Drive has Forced Air, Fireplace(s) heating and Central Air cooling.
- Where is 1020 Centennial Drive located?
- 1020 Centennial Drive is in the Rustads neighborhood of Thief River Falls, MN 56701, in Pennington County.
- Is 1020 Centennial Drive still available?
- Yes — 1020 Centennial Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1020 Centennial Drive built?
- 1020 Centennial Drive was built in 1993. It features a wood roof and a poured concrete foundation.
- How walkable is 1020 Centennial Drive?
- 1020 Centennial Drive has a Walk Score of 15/100 (Car-Dependent) and a Bike Score of 32/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- 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.
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Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 6:31 AM CDT. 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.
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