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47944 E Lake Lizzie Road, Pelican Rapids, MN 56572

$1,000,000
Property Type: Land Lot Size (sq. ft.): 6,577,560 Status: Closed
Current Price: $1,000,000 List Date: 8/28/2023 Last Modified: 6/04/2025

Overview

Description

These 151 acres of surveyed land are located in Northern Otter Tail County and positioned between Pelican, Lizzie and Franklin Lakes and 1/2 mile off US HWY 59. The land consists of 40+ acres of high-fenced rolling pasture and tillable, 53+ acres of wooded land, a 13 acre pond w/private boat ramp and 356' of lakeshore on Franklin Lake. The area is loaded with wildlife and incredible views. There are also two 40x80 steel buildings for storage and work shop space. The buildings have underground power and fiber optic to the pole building. The pole building has an RV hookup and a 1500 gallon holding tank. The private water supply, security cameras, 5+/- miles of groomed trails make this a premier piece of land in the heart of Lakes Country. The land consists of 6 individual parcels, giving the future owner options for development or sales.

Listing Details MLS# 6418601

General Property Information

Comp Sale YN
No
Development
No
Drainage
Good
Lot Measurement
Acres
Multiple PIDs?
Yes
Plat Recorded
No
Road Btwn WF & Home?
No
Waterfront Frontage
356
Waterfront YN
Yes
Yearly/Seasonal
Yearly
Zoning
Agriculture
Lot Dimensions
151
Acres
151
Lake/Waterfront Name
Franklin Lake (56075900)
Power Company
Lake Region Electric Co-op

Property Features

Agricultural Water: Pond; Well Available Utilities: Broadband Connected; Electricity Connected; Private Septic Available; Underground Utilities; Underground Utilities Available; Water Available Crop Type: Hay/Alfalfa Development Status: Raw Land Elevation Highpoint to Waterfront Slope: Gradual Fencing: Partial; Wire Financing Terms: Cash Improvements: Fence; Public Road Internet Options: Fiber Optic Lake Details: Undeveloped; Weeds Land Inclusions: Survey Lot Description: Accessible Shoreline; Suitable for Horses; Tillable; Tree Coverage - Medium; Underground Utilities Outbuildings: Pole Building; Storage Property SubType: Acreage; Confinement/Livestock; Lake Property; Pasture and Timber; Recreational Road Frontage: Paved Streets; Township Road Responsibility: Public Maintained Road Sale Options: Sell Entirely Sellers Terms: Cash; Conventional Soil Type: Loam; Sand Surface Water: Lake; Pond; Wetlands Topography: Pasture; Wooded; High Ground; Hilly; Low Land Waterfront View: Lake; Panoramic; North; South; East; West

Contract Information

Off Market Date
2023-12-15
Contingency
None
Closed Date
2024-03-18
Original List Price
1100000
Sales Close Price
1000000
ListPrice
1100000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
47944
Street Direction Prefix
E
Street Name
Lake Lizzie
Street Suffix
Road
Postal City
Pelican Rapids
County
Otter Tail
State
MN
Zip Code
56572

Acreage Information

Pasture Acres
29.43
Taxable Acres
152
Tillable Acres
11.2
Wooded Acres
53.09

Additional Parcels Information

Property ID #2
17000210289000
Property ID #3
17000280353021,17000280356011,17000280356005,17000210283003

More Information

Assessments

Tax With Assessments
2632

Builder Information

Builder Restrictions
Open

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
10-15

Lake Details

Lake Acres
1087
Lake Depth
48

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
42
Section#
21
Township#
137
IDX
Listing Office: REMAX Lakes Region
Last Updated: June - 04 - 2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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