Date
Details
Price
Change
Source
5/01/2026
Listed
$785,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/17
$785,000 Coming Soon
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1/17
Property Description
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.
Full Property Details
Full Property Details for 47500 Co Hwy 51
General
- Price: $785,000
- Taxes: $5,242 (2025)
- Status: Coming Soon
- Type: Duplex
- Source: NorthStarMLS_RMLS
- MLS ID: 7065598
- Updated: 5/1/2026
- Added to Site: 6 day(s) ago
- Expected Market Date: 5/8/2026
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Appliances: Dryer, Electric Water Heater, Fuel Tank - Owned, Microwave, Refrigerator, Water Softener Owned
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- 3/4 Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Dining Room: Kitchen/Dining Room, Living/Dining Room
- Formal Dining Room: Kitchen/Dining Room, Living/Dining Room
- Laundry: Electric Dryer Hookup, Washer Hookup, Electric Dryer Hookup, Washer Hookup
Additional Information
- Amenities: Main Floor Primary Bedroom, Panoramic View, In-Ground Sprinkler, Tile Floors, Walk-In Closet
Exterior
- Porch/Patio/Deck: Deck, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Description: 20 x 30 22 x 30
- Garage Spaces: 3
- Parking Features: Attached Garage
Location
- County: Otter Tail
- Township: Gorman Twp
- Driving Directions: Go North of Perham on Hwy 51 3.5 miles and property will be to the East.
School Information
- School District: 549 - Perham-Dent
- High School District: Perham-Dent
Heating & Cooling
- Cooling Type: Geothermal
- Heating Type: Forced Air, In-Floor Heating
- Heating Fuel: Electric, Propane
Utilities
- Sewer: Private Sewer
- Water: Well
Structural Information
- Exterior Const.: Frame
- Foundation Size: 4518
- Roof: Age Over 8 Years
- Disability Access: Fully Wheelchair
- Square Feet: 2,898
- Above Ground: 2,898 Sq. Ft.
- Finished Down/Base.: 2,898 Sq. Ft.
- Year Built: 2006
Additional Structures
- Other Structures: Storage Shed
Lot Features
- Lot Size (Acres): 31.4
- Lot Dimensions: 1742 x 822
- Frontage: County Road
- Zoning: Residential-Single Family
- Lot Description: Heavy Tree Coverage, Medium Tree Coverage
Water Features
- Water Front Desc.: Creek/Stream, Dock, Pond
Financial Considerations
- Tax Amount: $5,242
- Tax Year: 2025
- Terms: Conventional, VA, FHA, Cash
Disclosures and Reports
- 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
- Property ID: 30000260164000
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Schools
Schools serving 47500 Co Hwy 51
School District:Perham-Dent Public School District
| Name | Grades | Distance |
|---|---|---|
Heart Of The Lake Elementary School 810 2nd Avenue Southwest, Perham, MN 56573 | PK-4 | 4.4 mi |
Prairie Wind Middle School 480 Coney Street West, Perham, MN 56573 | 5-8 | 4.4 mi |
Perham Senior High School 800 Coney Street West, Perham, MN 56573 | 9-12 | 4.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 47500 Co Hwy 51
Tax History
Tax History for 47500 Co Hwy 51
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,242
25%
$644,500
-2%
2023
$4,200
—
$658,800
32%
2023
$4,200
1%
$497,300
25%
2022
$4,172
13%
$397,400
10%
2020
$3,694
-5%
$362,600
-21%
2019
$3,876
4%
$460,000
6%
2018
$3,712
-14%
$433,100
11%
2017
$4,298
-3%
$391,000
1%
2016
$4,420
15%
$387,500
3%
2015
$3,856
-2%
$374,800
2%
2014
$3,940
—
$369,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 47500 Co Hwy 51
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- Single Family
- Active
- Updated 22 hours ago
- 3Beds
- 3Total Baths
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- Active
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- Single Family
- Closed
- 4Beds
- 2Total Baths
- 2,464Sq. Ft.
Listed by Jack Chivers Realty
Sold by Jack Chivers Realty
Sold by Jack Chivers Realty
- Single Family
- Closed
- 3Beds
- 3Total Baths
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Listed by New Horizons Realty Of Perham
Sold by Greenberg Realty
Sold by Greenberg Realty
- Lots/Land
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- 3Total Baths
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Listed and Sold by New Horizons Realty Of Perham
47500 County Highway 51, Perham, MN 56573 (MLS# 7065598) is a Duplex property with 5 bedrooms, 4 full bathrooms and 1 partial bathroom. 47500 County Highway 51 is currently listed for $785,000 and was received on May 01, 2026. Want to learn more about 47500 County Highway 51? Do you have questions about finding other Duplex real estate for sale in Perham? You can browse all Perham real estate or contact a Coldwell Banker agent to request more information.