47500 County Highway 51 Perham, MN 56573

$785,000
Active
estimated monthly payment
5 Beds  |  5 Baths  |  2,898 Sq Ft  |  (CC) Two Unit  |  MLS # 7065598
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About The Listing

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.


Listing courtesy of Kyle Haberman, Real Broker, LLC
Purchase Price
Loan Type
Down Payment
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
HOA Dues
Private Mortgage Insurance
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Property Details

Features

 
 
 
Property Type: Single Family
Status: Active
Contingency Type: None
Year Built: 2006
MLS #: 7065598
Bedrooms: 5
Square Feet: 2,898
Bathrooms (Full): 4
Price Per Square Foot: $271
Bathrooms (Half) : 0
Bathrooms (Three Quarters) : 1
Garage Spaces: 3
Parking Description: Attached Garage
Sewer Description: Private Sewer, Septic System Compliant - Yes
Air Conditioning Type: Geothermal
Water: Well
Heat Type: Forced Air, In-Floor Heating
Basement: None
Foundation Type: Slab
Construction Description: Frame
Roof Description: Age Over 8 Years
Days On Market (Continuous): 0
Disability Features: Fully Wheelchair
Latest Update: 05/29/2026
List Date: 05/07/2026
Listing Agent ID: 498000646
Listing Office: Real Broker, LLC
Listing Office ID: 253162
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Appliances: Dryer, Electric Water Heater, Fuel Tank - Owned, Microwave, Refrigerator, Water Softener Owned
Fireplace Features: Gas
Laundry Features: Electric Dryer Hookup, Washer Hookup
Number of Fireplaces: 1
Exterior Features: Cement Board
Lot Dimensions: 1742x822
Lot Size: 31.4 Acres
Lot Features: Tree Coverage - Heavy, Tree Coverage - Medium
Waterfront: Creek/Stream, Dock, Pond
School District: Perham-Dent
Tax Year: 2025
Estimated Taxes: $5,242
Contingency Type: None
City: Perham
Zip: 56573
County: Otter Tail
State: MN

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Listing last updated: 05/29/26

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