Tract A 470th Street, Pelican Rapids, MN 56572

$370,000
Property Type: Land Lot Size (sq. ft.): 230,868 Status: Closed
Current Price: $370,000 List Date: 4/15/2024 Last Modified: 6/05/2025

Overview

Description

FRANKLIN LAKE - Tract A - Great swimming at the last available point lot on this premium lake! Just dream of all the possibilities with 900+ feet of lake frontage with several nice building location choices on this 5+ acre wooded lot! There are areas of the lot with a nice shelf and easy access with 5-10 steps to the shoreline. This is the one you've been dreaming of and waiting for! Don't let it pass you by!

Listing Details MLS# 6519346

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
No
Road Btwn WF & Home?
No
Waterfront Frontage
900
Waterfront Present
Yes
Yearly/Seasonal
Yearly
Zoning
Shoreline
Lot Dimensions
666x343 irregular
Acres
5.3
Lake/Waterfront Name
Franklin Lake (56075900)
Power Company
Lake Region Electric Co-op
Association Fee
0

Property Features

Available Utilities: Electricity Available; None Connected Development Status: Raw Land Elevation Highpoint to Waterfront Slope: Gradual Financing Terms: Cash Improvements: None Lake Details: Hard; Sand Land Inclusions: Survey Lock Box Type: None Lot Description: Irregular Lot; Tree Coverage - Medium Property SubType: Lake Property; Recreational; Residential Lot Road Frontage: No Outlet/Dead End; Private Road; Unimproved Road Responsibility: Private Maintained Road Topography: Gently Rolling Waterfront View: Lake; North; East

Contract Information

Off Market Date
2024-04-23
Contingency
None
Closed Date
2024-05-20
Original List Price
375000
Sales Close Price
370000
ListPrice
375000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
Tract A
Street Name
470th
Street Suffix
Street
Postal City
Pelican Rapids
County
Otter Tail
State
MN
Zip Code
56572
Complex/Dev/Subdivision
Franklin Lake

Acreage Information

Taxable Acres
5
Wooded Acres
5.3

Builder Information

Builder Restrictions
Open

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet
10-15

Lake Details

Lake Acres
1087
Lake Depth
48
Hard
Yes
Sand
Yes

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
42
Section#
27
Township#
137

Office/Member Info

Association
GLAR

Location, Tax and Other Information

AssocFeeYN
No
Listing City
Pelican Rapids
Map Page
999
Municipality
Pelican Rapids
School District
Pelican Rapids
School District Phone
218-863-5910
DNR Lake ID#
56075900
DNR Lake Classification
Recreational Development
Property ID Number
17000270351000
Tax Year
2024
Tax Amount
0
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
FRANKLIN LAKE - Tract A - Great swimming at the last available point lot on this premium lake! Just dream of all the possibilities with 900+ feet of lake frontage with several nice building location choices on this 5+ acre wooded lot! There are areas of the lot with a nice shelf and easy access with 5-10 steps to the shoreline. This is the one you've been dreaming of and waiting for! Don't let it pass you by!
Directions
From Pelican Rapids, N on Hwy 59 for 8 miles to E Lake Lizzie Rd, right for 1.7 mi to 470th St, left 1/2 mile to 24499 470th St. Turn left onto gravel road by gate, follow to lots to the north of the home.

Assessments

Assessment Balance
0
Tax With Assessments
0

Development Status

Raw Land
Yes

Elevation Highpoint to Waterfront Slope

Gradual
Yes

Financing Terms

Cash
Yes

Insurance Fee

Insurance Fee
0

Lake/Waterfront

Lake Front
Yes

Lock Box Type

None
Yes

Lot Description

Irregular Lot
Yes
Tree Coverage - Medium
Yes

Restriction/Covenants

Other
Yes

Road Frontage

No Outlet/Dead End
Yes
Private Road
Yes
Unimproved
Yes

Road Responsibility

Private Maintained Road
Yes

Topography

Gently Rolling
Yes

Waterfront View

Lake
Yes
North
Yes
East
Yes

Available Utilities

Electricity Available
Yes
None Connected
Yes

Improvements

None
Yes

Land Inclusions

Survey
Yes

Property SubType

Lake Property
Yes
Recreational
Yes
Residential Lot
Yes
IDX
Listing Office: Coldwell Banker Preferred Partners
Last Updated: June - 05 - 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. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.

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