47500 County Highway 51, Perham, MN 56573 (MLS# 7065598)

Overview

Description

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.

Open Houses

Tomorrow, 1:00 pm - 3:00 pm

General Property Information

Common Wall: Yes
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Waterfront Present: Yes
Year Built: 2006
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: 4
Bath Three Quarters: Yes
Main Floor Total SqFt: 2898
Above Grd Total SqFt: 2898
Total SqFt: 2898
Total Finished Sqft: 2898.00
FireplaceYN: Yes
Style: (CC) Two Unit
Foundation Size: 4518
Power Company: Ottertail Power
Garage Stalls: 3
Lot Dimensions: 1742x822
Acres: 31.4
Assessment Pending: No
Bath Half: 0
Bath Quarter: 0
Below Grd Total SqFt: 0
Association Fee: 0

Property Features

Accessible: Fully Wheelchair Air Conditioning: Geothermal Amenities Unit: In-Ground Sprinkler; Main Floor Primary Bedroom; Panoramic View; Tile Floors; Walk-In Closet Appliances: Dryer; Fuel Tank - Owned; Microwave; Refrigerator Basement: None Bath Description: Main Floor 3/4 Bath; Main Floor Full Bath Construction Materials: Frame Construction Status: Previously Owned Dining Room Description: Kitchen/Dining Room; Living/Dining Room Electric: Circuit Breakers Existing Financing: Free and Clear Exterior: Cement Board Fireplace Characteristics: Gas Burning Foundation: Slab Fuel: Electric; Propane Heating: Forced Air; In-Floor Heating Internet Options: Cable; DSL; Fiber Optic; Satellite Laundry: Electric Dryer Hookup; Washer Hookup Lock Box Type: Supra Lot Description: Tree Coverage - Heavy; Tree Coverage - Medium Property Subtype: Acreage Road Frontage: County Road Road Responsibility: Public Maintained Road Roof: Age Over 8 Years Sellers Terms: Cash; Conventional; FHA; VA Sewer: Private Sewer Special Search: Main Floor Laundry; Main Floor Primary Stories: One Water: Well

Contract Information

Contingency: None
Original List Price: 785000
ListPrice: 785000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 47500
Street Name: County Highway 51
Postal City: Perham
County: Otter Tail
State: MN
Zip Code: 56573

Assessments

Tax With Assessments: 5242
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2898

More Information

Lease Details

Land Leased: Not Applicable

Lock Box Type

Lock Box Source: LCAR
Supra: Yes

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 20x30 22x30
Garage Square Feet: 1620

Public Survey Info

Range#: 39
Section#: 26
Township#: 137

Office/Member Info

Association: LCAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: SECT-26 TWP-137 RANGE-039 31.40 AC PT NW1/4 BEG W1/4 COR SEC 26 N 822.22' S87D E 1735.13' S 750.40' W 1744.96' TO BEG
Listing City: Perham
Map Page: 999
Municipality: Gorman Twp
School District: Perham-Dent
School District Phone: 218-346-4501
Zip Plus 4: 7053
Property ID Number: 30000260164000
Tax Year: 2025
Tax Amount: 5242
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: 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.
Directions: Go North of Perham on Hwy 51 3.5 miles and property will be to the East.

Accessible

Fully Wheelchair: Yes

Air Conditioning

Geothermal: Yes

Amenities Unit

In-Ground Sprinkler: Yes
Main Floor Primary Bedroom: Yes
Panoramic View: Yes
Tile Floors: Yes
Walk-In Closet: Yes

Appliances

Dryer: Yes
Fuel Tank - Owned: Yes
Microwave: Yes
Refrigerator: Yes

Basement

None: Yes

Bath Description

Main Floor 3/4 Bath: Yes
Main Floor Full Bath: Yes

Construction Materials

Frame: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Kitchen/Dining Room: Yes
Living/Dining Room: Yes

Electric

Circuit Breakers: Yes

Existing Financing

Free and Clear: Yes

Exterior

Cement Board: Yes

Fireplace Characteristics

Gas Burning: Yes

Foundation

Slab: Yes

Fuel

Electric: Yes
Propane: Yes

Heating

Forced Air: Yes
In-Floor Heating: Yes

Insurance Fee

Insurance Fee: 0

Internet Options

Cable: Yes
DSL: Yes
Fiber Optic: Yes
Satellite: Yes

Lake/Waterfront

Creek/Stream: Yes
Dock: Yes
Pond: Yes

Laundry

Electric Dryer Hookup: Yes
Washer Hookup: Yes

Lot Description

Tree Coverage - Heavy: Yes
Tree Coverage - Medium: Yes

Patio, Porch and Deck Features

Deck: Yes
Patio: Yes

Property Subtype

Acreage: Yes

Restriction/Covenants

None: Yes

Road Frontage

County Road: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age Over 8 Years: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

Private Sewer: Yes

Special Search

Main Floor Laundry: Yes
Main Floor Primary: Yes

Stories

One: Yes

Water

Well: Yes