$625,000

48987 Tamarac Dr Pelican Rapids, MN 56572

Estimated payment $3,727/month

Total Views 10,017
3 Beds
2 Baths
2,404 Sq Ft
$260 Price per Sq Ft

Highlights

  • 150 Feet of Waterfront
  • Lake View
  • 1 Fireplace
  • Beach Access
  • Vaulted Ceiling
  • No HOA

About This Home

Welcome to the shores of Tamarac Lake! Whether you’re looking for a year-round home or a peaceful retreat, this gem is a must-see. This well-kept home built in 2002 is move-in ready and offers an estimated 2400SqFt of living space with 3 bedrooms and 2 baths and an attached 2-stall insulated garage. The main living space offers an open-floor plan that is bright and airy, with vaulted ceilings, a functional U-shaped kitchen, a spacious primary bedroom with en suite bath and walk-in closet, and a cozy sunroom that floods the home with natural light with its many windows facing the lake, creating a relaxing retreat in every season and allowing one to take in the beautiful scenery and lake views. The finished walk-out basement holds a large family room, 2 bedrooms, a full bath, laundry room, and the utility room. This home is equipped with efficiency and premium amenities such as a basement made with ICF, In-floor heating, gas forced air furnace, air exchange system. Additionally, the wood stove fireplace in the family room offers extra heat for those chilly days. The exterior amenities of this property don’t fall short in comparison to the interior space, The house itself includes a large wrap-around deck that offers panoramic lake views—perfect for entertaining or unwinding. The house is situated on a spacious 1-acre lot with 150’ of lakeshore PLUS an additional half-acre back lot featuring a garage/shop. This property provides the perfect blend of privacy and convenience. This is your opportunity to enjoy lake life! Property is being sold As-Is. Dock and paddleboat included! Compliant Septic!

Listing Agent

Arianna Zavala

REALTY XPERTS Listed on: 03/31/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,178

Year Built

  • Built in 2002

Lot Details

  • 1.52 Acre Lot
  • 150 Feet of Waterfront
  • Lake Front
  • Additional Parcels

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Lake Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Propane
  • Private Water Source
  • Well
  • Drilled Well

Additional Features

  • Air Exchanger
  • Beach Access

Community Details

  • No Home Owners Association
  • Connie Olson Dev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55000990775000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,178

Year Built

Built in 2002

Lot Details

0

Parking

3

Listing Details

  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Cooling System: Central Air
  • Garage Spaces: 3
  • Accessibility Features: None
  • Fireplaces: 1
  • Water Source: Drilled, Private, Well
  • Year Built: 2002
  • Above Grade Finished Sq Ft: 1312
  • Water Body Name: Tamarac
  • Unit Levels: One
  • New Construction: No
  • FractionalOwnershipYN: No
  • Rental License?: No
  • FoundationDimensions: 39x28
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, ICFs (Insulated Concrete Forms), Walkout
  • Appliances: Air-To-Air Exchanger, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Owned
  • Fireplace Features: Wood Burning Stove
  • Living Area: 2404
  • Fireplace: Yes
  • Below Grade Finished Sq Ft: 1092
  • Basement YN: Yes

Beds/Baths

  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Three Quarter Bathrooms: 1

Exterior Features

  • Roof: Asphalt
  • View: Lake, Panoramic
  • Other Structures: Additional Garage, Workshop
  • Lake Acres: 444
  • LakeChain: N
  • Elevation Highpoint to Waterfront Feet: 0-4
  • Waterfront Frontage: 150

Garage/Parking

  • Parking Features: Attached Garage, Detached
  • Garage Square Feet: 702

Utilities

  • Heating: Forced Air, Fireplace(s), Radiant Floor
  • Sewer: Private Sewer, Tank with Drainage Field
  • Fuel: Propane

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Pelican Rapids
  • SchoolDistrictNumber: 548
  • SchoolDistrictPhone: 218-863-5910

Lot Info

  • Waterfront YN: Yes
  • PropertyAttachedYN: No
  • Lot Size: 150x290 & .53AC irregular lot
  • Lot Size Sq Ft: 66211.2
  • Land Lease: No
  • Lot Features: Accessible Shoreline, Many Trees
  • Additional Parcels Description: 55000990820000
  • Additional Parcels: Yes
  • Zoning Description: Residential-Single Family
  • AssessmentPending: No
  • Yearly/Seasonal: Yearly

Building Info

  • Construction Materials: Cedar

Tax Info

  • Tax Year: 2024
  • Assessor Parcel Number: 55000990775000
  • Tax Annual Amount: 4178
  • TaxWithAssessments: 4178.0000

Multi Family

  • WaterfrontFeatures: Lake Front, Lake View

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,492 $616,700 $302,700 $314,000
2024 $3,608 $540,700 $298,700 $242,000
2023 $3,688 $512,100 $292,700 $219,400
2022 $3,280 $368,800 $0 $0
2021 $3,214 $512,100 $292,700 $219,400
2020 $3,264 $364,900 $169,000 $195,900
2019 $2,878 $330,600 $147,800 $182,800
2018 $2,872 $330,600 $147,800 $182,800
2017 $2,830 $323,000 $152,400 $170,600
2016 $2,906 $326,500 $163,400 $163,100
2015 $2,814 $0 $0 $0
2014 -- $322,300 $163,400 $158,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Price Changed $625,000 -3.1% $260 / Sq Ft
06/05/2025 06/05/25 Price Changed $645,000 -2.6% $268 / Sq Ft
04/21/2025 04/21/25 Price Changed $662,000 +2.6% $275 / Sq Ft
04/21/2025 04/21/25 For Sale $645,000 -- $268 / Sq Ft
Source: NorthstarMLS

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Source: NorthstarMLS

MLS Number: 6695759

NorthstarMLS

APN: 55000990775000