2 months on rocket

49849 Royal Pine Rd, Pine Lake Twp, MN, 56573

$749,000

Home List Price

$8,894*

Closing Credit

4 Bedrooms
3 Full Baths
2,912 SqFt
$257/SqFt
Multi

Location

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49849 Royal Pine Rd, Perham$749,000

Buyer Closing Credits

$8,894*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAttached Garage, Gravel
Attached Garage2 spaces
Year Built2019
HeatingForced Air
CoolingCentral Air
BasementYes
WaterfrontDock, Lake Front
ViewPanoramic, Other
MLS #6619564
StatusActive

About 49849 Royal Pine Rd

Embrace Year-Round Living on Big Pine Lake! Discover the charm of lakeside living with this stunning duplex home on the highly sought-after Big Pine Lake, spanning 4728 acres of pristine waters. Nestled on the picturesque north shore near Perham, MN. This exquisite property is designed for both relaxation and investment potential. Property Highlights: -Upper Unit: Features 2 spacious bedrooms and 2 modern bathrooms, offering comfort and privacy. - Lower Unit: 2 bedrooms and 1 bathroom with the added benefit of direct access to the backyard and beach – ideal for family gatherings and entertaining guests. - Natural Light and Scenic Views: Enjoy breathtaking southern exposure, filling your home with natural light and showcasing panoramic views of the tranquil lake. - Convenient Location: Easily accessible off Highway 10, This property is positioned between Fargo, ND, and Minneapolis, MN making it a prime location for year-round living or a vacation retreat. With a successful history as a vacation rental, this property not only serves as an ideal year- round residence with convenient one -level living but also stands out as a smart investment opportunity. Whether you’re looking to escape to a peaceful lakeside getaway or add a unique asset to your rental portfolio, this rare find is sure to impress. Don’t miss your chance to own a slice of paradise at Big Pine Lake!

Property Details

Property Features

Property Information:

  • Year Built: 2019
  • Living Area: 2,912 SqFt

Listing Office:

  • Office Name: eXp Realty (3523 FGO)

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener
  • Basement: Yes
  • Flooring Type: Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Dock, Lake Front
  • View: Panoramic, Other

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached Garage, Gravel

Lot Features

Lot Information:

  • Lot: Accessible Shoreline, Underground Utilities

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

Other

Directions Information:

  • Directions: please use GPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $749,000
  • Price Per SqFt: $257/SqFt
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Housing Market Comparison

See how this home compares to others in Perham, MN.

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Perham, MN

City

Med. Sold Price

$345K

Med. Price/SqFt

$155

Avg. Days On Market

103

# of Sold Homes

9

49849 Royal Pine Rd vs Perham

68 DAYS ON ROCKET

-35 Days

$749,000

+$404K More

$257/SqFt

+$101 More

KEY TAKEAWAY

This property is $404K more than the Median Sold Price and $101/SqFt more than other homes in Perham, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6619564

Listing Office:

  • Office Name: eXp Realty (3523 FGO)

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Last updated on: 12/24/2024, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$3,806

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1455714
8
/10

  • New York Mills Elementary School

  • 209 Hayes Ave

  • 6.06 miles

  • Public District Grades PK-6

school-card-donut-1455715
3
/10

  • Heart of the Lake Elementary School

  • 810 2nd Ave SW

  • 6.23 miles

  • Public District Grades PK-4

school-card-donut-1455716
6
/10

  • Frazee Elementary School

  • Hickory Ave

  • 15.24 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $55,521. Most Perham, MN residents have annual incomes between $35k-100k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Otter Tail County›Perham›56573›49849 Royal Pine Rd

This home is located at 49849 Royal Pine Rd in Pine Lake Twp, MN and zip code 56573. This 2,912 square foot home was built in 2019. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $749,000.

While more than 2 listings in Perham, MN in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 7 were sold below. The number of listings in Perham, MN increased by 6.4% between October 2024 and November 2024. Listings spent 103 days on the market in November 2024, and had a median list price of $345,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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