$475,000
SOLD APR 3, 2026

41474 460 St Perham, MN 56573

54.96 Acres
$8,643 Price per Acre
2,394,058 Sq Ft Lot

Sale Details

Date Sold: April 3, 2026

12% Below List Price

193 Days on Market

About This Lot

As of April 2026

In over 15 years of selling real estate, I have not listed a property that offers this many possibilities. Located just outside of Perham on the shore of Schuster Lake, this one-of-a-kind offering features a three-bedroom, two-bath home, Highway 10 frontage, more than 2,000 feet of shoreline, wooded acreage, and tillable land under pivot irrigation. The combination of amenities creates an incredible range of options for the next owner. You can enjoy it as a private lake retreat—Schuster Lake has no public access—while generating income from the tillable ground. The Highway 10 frontage also provides outstanding visibility and makes this an ideal candidate for potential commercial use. With the extensive shoreline, there is investment potential in subdividing and selling lake lots, or simply enjoy it as your year-round home or seasonal lake cabin. Schuster Lake is known for being deep, clean, and cool, providing excellent fishing and recreation. Anglers can target crappie, bluegill, bass, northern pike, and perch, and the water quality ensures great table fare. In addition to boating and summer fun, the property offers excellent winter recreation with ice fishing and snowmobiling right out your door. For hunters, the land provides solid deer, turkey and waterfowl hunting. Conveniently located only 3.5 miles from downtown Perham and its growing community, this property is positioned to serve as a dream home location, commercial investment, development opportunity, or all-season getaway. Properties with this level of versatility are rare—don’t miss the chance to make it your own. *3 bedroom, 2 bath home — move-in ready or ideal as a lake cabin *Over 2,000 feet of shoreline on Schuster Lake *Lake is deep, clean, and cool with excellent fishing and recreation *Species include crappie, bluegill, bass, northern pike, and perch *No public access to the lake — enjoy added privacy *Tillable acres under pivot irrigation with income *Highway 10 frontage with outstanding visibility *Commercial or development possibilities with prime road exposure *Strong hunting opportunities for deer, turkey, and waterfowl *Year-round recreation including boating, ice fishing, and snowmobiling *Just 3.5 miles from downtown Perham and its thriving community *Rare opportunity combining residential, investment, and recreational value

Last Agent to Sell the Property

Jason Ziegler

Whitetail Properties Real Esta Listed on: 09/22/2025

Whitetail Properties Real Esta

Last Buyer's Agent

Stephen Sweere

eXp Realty

eXp Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,014

Year Built

  • Built in 1960

Lot Details

  • 2,000 Feet of Waterfront
  • Lake Front
  • Zoning described as Agriculture

Community Details

  • No Home Owners Association
  • W Life Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number ID51000050066000

Property Details

Property Type

Land

Est. Annual Taxes

$2,014

Year Built

Built in 1960

Listing Details

  • Type: Land
  • Development Status: Other
  • Year Built: 1960
  • FractionalOwnershipYN: No
  • Improvements: None
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Inclusions: None
  • Basement YN: No

Exterior Features

  • Waterfront Frontage: 2000

Utilities

  • Utilities: Electricity Available, Electricity Connected, Propane Available, Propane Connected, Private Well Connected, Sewer Available, Sewer Connected, Water Available

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Perham-Dent
  • SchoolDistrictPhone: 2183464501

Lot Info

  • Topography: Level
  • Lot Size: 54.96±
  • Land Lease: No
  • Additional Parcels: No
  • Zoning Description: Agriculture
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly
  • All Program Acres: 0

Tax Info

  • Tax Year: 2025
  • Assessor Parcel Number: ID51000050066000
  • Tax Annual Amount: 2014
  • TaxWithAssessments: 2014

Multi Family

  • WaterfrontFeatures: Lake Front
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2026 04/03/26 Sold $475,000 -12.0% --
09/22/2025 09/22/25 For Sale $540,000 -- --
Source: NorthstarMLS

Agents Affiliated with this Home

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Map

Source: NorthstarMLS

MLS Number: 6792742

NorthstarMLS
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