Affinity Real Estate in Park Rapids MN
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MLS 7065598
Residential 5 bedrooms 5.00 baths

$785,000

47500 County Highway 51
Perham MN 56573

Professional Pictures Coming Soon! Rare opportunity to own a high-upside, 31.4-acre estate in Perham, MN, located just five minutes from downtown amenities and the shores of Little Pine Lake. This exceptional property offers a unique blend of privacy, recreation, and significant income potential. The residence is currently configured as two fully separated, self-contained units—a 1,326 sq. ft. 2-bedroom/2-bath unit and a 1,572 sq. ft. 3-bedroom/2.75-bath unit. This layout provides unmatched flexibility, whether you are looking for a multi-generational living solution, a high-performing duplex for long-term tenants, or a lucrative short-term rental (VRBO) near the lakes. For those seeking a massive single-family retreat, the floor plan offers an easy path to integration into a 5-bedroom, 5-bathroom masterpiece. The outdoor amenities are equally impressive and increasingly rare for the area, featuring prime hunting land, abundant wildlife, and a private stocked fishing pond that creates a true sanctuary atmosphere. Complementing the acreage is a standout 44' x 80' fully insulated steel building, complete with concrete floors and in-floor heat. This professional-grade space is perfect for a heated workshop, a home-based business, or storing a large collection of boats and recreational toys. Whether you are an investor looking for a high-yield asset or a homeowner dreaming of a private country retreat with modern utility, this property delivers incredible value and endless possibilities in one of the region's most sought-after locations.

Additional Details

Year Built: 2006
Living Area: 2898 sf
Bedrooms: 5
Bathrooms: 5
Acres: 31.4 Acres
Lot Dimensions: 1742x822
Garage Spaces: 3
School District: 549
County: Otter Tail
Taxes: $5,242
Taxes with Assessments: $5,242
Tax Year: 2025

Additional Features

Basement: None
Fuel: Electric, Propane
Sewer: Private Sewer
Water: Well
Air Conditioning: Geothermal
Amenities: Array
Appliances: Dryer, Electric Water Heater, Fuel Tank - Owned, Microwave, Refrigerator, Water Softener Owned
Other Buildings: Storage Shed
Roof: Age Over 8 Years
Electric: Circuit Breakers

Listing Status

Coming Soon
2026-05-01 15:58:46 Date Listed
2026-05-01 15:58:46 Last Update
2026-05-01 15:58:46 Last Photo Update

Listed by Real Broker, LLC

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Affinity Real Estate Inc
600 Park Avenue South / PO Box 512
Park Rapids, MN 56470

218-237-3333

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Affinity Real Estate in Park Rapids MN
MAIN MENU   |   RESIDENTIAL  |  7065598