Lori Gustafson

51313 Knoll Road

Pelican Rapids, MN
$ 1,399,000 Beds 4 Baths 4 Sq 3,996 Virtual Tour
Monthly Estimate* How much can I afford?

NEW PRICE + FULLY FURNISHED! This is lake life done right. Turnkey and completely remodeled from top to bottom, this 4-bedroom, 4-bath home sits on over 2 acres with an impressive 241 feet of Pelican Lake shoreline—and the furniture is now included. Inside, you’ll find loads of natural light, beautifully refinished hardwood floors, a custom kitchen made for gathering, and two true primary suites, alpng with a massive main floor bedroom offering flexibility for guests, multi-generational living, or a private retreat. The lower level provides even more room to spread out with a spacious family room and bar, additional bedroom, flex space, large bonus room, and laundry. Outside, the property is designed for enjoying lake life with an outdoor kitchen, hot tub, electric tram to the water, updated exterior, new septic system, and two garages with plenty of room for vehicles and lake toys. The 3-bay Gal-Va-Dock system and three boat lifts are also included. Located less than half a mile from Zorbaz and now priced $20,000 lower, this is an incredible opportunity to own a turnkey, fully furnished Pelican Lake property with everything in place to start enjoying lake life year-round from day one.

Single Family

  • Price
  • $ 1,399,000
  • City
  • Pelican Rapids
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • County
  • OTTER TAIL
  • Half Bathrooms
  • 0
  • Area
  • Martin Knoll
  • Lot Size
  • 2.249 Acres
  • Zip
  • 56572
  • Sqr Footage
  • 3,996
  • Year Built
  • 1948
  • Taxes
  • $ 12149
  • Style
  • Single Family
  • MLS#
  • 7064420
Listed By: REALTY XPERTS
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 3996
Sewer Septic System Compliant - Yes
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Architectural Shingle
Appliances Cooktop,Dishwasher,Disposal,Double Oven,Dryer,Microwave,Refrigerator,Stainless Steel Appliances,Washer
Garage Spaces 4
Year Built 1948
View Lake
Levels One
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front,Lake View
Accessibility No Stairs Internal
County Otter Tail
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Martin Knoll
Other Structures Workshop
Full Baths 2
Directions N. side of Pelican Lake just E. of Zorbaz. From Lake Park take Cty Rd 5 So. Then E. on Cty Rd. 20
City Pelican Rapids
High School District Pelican Rapids
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 12149
Additional Parcels Y/N No
Virtual Tour https://wellcomemat.com/embed/54sn79d01ef91mmfq?mls=1
Standard Status Active
Lender Owned No
Amenities Unit Deck,Dock,Hardwood Floors,Hot Tub,Kitchen Center Island,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Outdoor Kitchen,Patio,Panoramic View,Boat Slip,In-Ground Sprinkler,Walk-In Closet
PostalCity Pelican Rapids

Interior Features

Basement Full
Total Fireplaces 1
Fireplace Features Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2184
3/4 Baths 2
Laundry Features Laundry Room,Upper Level
Total Bedrooms 4
Below Grade Finished Area 1812
Total Baths 4
Dining Room Description Kitchen/Dining Room
Fuel Natural Gas
Garage Square Feet 784
Waterfront Feet 241

Exterior Features

Parking Features Attached Garage,Detached Garage,Concrete,Finished Garage,Heated Garage,Insulated Garage,Paved Lot
Lot Features Accessible Shoreline,Irregular Lot,Tree Coverage - Light
Water Source Private
Lot Size Area 2.249
Building Area Total 3996
Lot Dimensions Irregular
Waterfront Y/N Yes
Foundation Area 1812

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/2/2026 Listed $1,695,000
5/29/2026 6% - $1,595,000
6/23/2026 7% - $1,499,000
7/23/2026 2% - $1,479,000
8/27/2026 2% - $1,459,000
9/15/2026 5% - $1,399,000

Property vs Zip Code Average in 56572

Price
AVG $780K
$1.4M
Taxes
AVG $4,068
$12,149
Year Built
AVG 1969
1948
Visits
AVG 82
64
Data Provided by Inside Real Estate®

Areas That We Cover

51313 Knoll Road Pelican Rapids, MN is a Single Family Home for sale at $1399000 with 3996 sqft and a lot size of 2.249 Acres Acre(s). 51313 Knoll Road Pelican Rapids has 4 bedrooms, 4 baths and was built in 1948. The property's zip code is 56572 which is in Pelican Rapids, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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