For Sale: Parkers Prairie MLS# 6788506
Active
NEW!
$1,000,000
Commercial: Resort
Built 1982
3 acres
Parkers Prairie schools
MLS# 6788506
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Property Description
Experience the ultimate lakeside lifestyle at this exceptional Block Lake Family Retreat/Resort! Envision yourself surrounded by 690 feet of pristine lakeshore, boasting breathtaking sunset views and a unique point offering panoramic vistas from nearly every vantage point. This versatile property presents endless possibilities, whether you dream of a cherished multi-generational family retreat or a fantastic income-producing opportunity. The main home features 3 spacious bedrooms and 3 baths, perfectly complemented by four charming 2-bedroom cabins, each with a full bath – ideal for guests or renters. A detached garage, with half of it finished and heated, provides a wonderful gathering space for entertaining or parties. Previously operated as a successful Mom & Pop resort, with the owners residing in the main home and renting out the four cabins, this property offers a proven business model. With 3 acres of land and potential for expansion to the east, there's ample room to grow your vision. The lake itself is a true gem, boasting over 9 feet of clarity and proudly free of invasive species. For more detailed information, including existing and projected rental rates, please refer to the "Documents" tab. This is a rare opportunity to own a piece of lakeside paradise!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1,000,000
Property Type:
Commercial
City:
Parkers Prairie
Garage Spaces:
5
County:
Otter Tail
Year Built:
1982
State:
MN
Property Style:
Resort
Zip Code:
56361
Interior
Ceiling Height:
Less Than 8 Feet
Ranges:
Five
Refrigerators:
Five
Appliances Included:
- Dishwasher
- Dryer
- Exhaust Fan
- Fuel Tank - Rented
- Gas Water Heater
- Microwave
- Range
- Refrigerator
- Washer
- Water Softener Owned
Basement Details:
- Block
- Daylight/Lookout Windows
- Egress Window(s)
- Finished
- Full
- Storage Space
- Walkout
Exterior
Stories:
One
Garage Spaces:
5
Other Parking Spaces:
10
Air Conditioning:
Central Air, Heat Pump
Foundation Size:
1,768 ft2
Handicap Accessible:
Door Lever Handles
Road Responsibility:
Public Maintained Road
Heating System:
- Dual
- Fireplace(s)
- Forced Air
- Heat Pump
Parking Features:
- Attached Garage
- Detached
- Finished Garage
- Garage Door Opener
- Gravel
- Heated Garage
- Insulated Garage
- Multiple Garages
Shared Amenities:
- Beach
- Dock
- Other
Unit Amenities:
- Deck
- Kitchen Window
- Main Floor Primary Bedroom
- Panoramic View
Road Frontage:
- Township
- Unpaved Streets
Exterior Material:
Brick Veneer
Roof Details:
- Age 8 Years or Less
- Composition
- Pitched
Lake & Waterfront
Waterfront Present:
Y
Waterfront Name:
Block
Waterfront View:
Lake, North, West
DNR Lake ID#:
56007900
WF Frontage:
690
Elev Highpt to WF feet:
0-4
Waterfront Slope:
Gradual
Lake Chain Name:
N
Lake Acres:
289
Lake Depth:
23
Waterfront:
Lake Front
Lake Bottom:
- Rocky
- Sand
Lot & Land
Acres:
3
Geolocation:
46.160037, -95.481364
Inclusions:
Building, Business Assets, Business, Fixture/Equipment, Land
Lot Dimensions:
690 x 439 x 311
Zoning:
- Business/Commercial
- Shoreline
Lot Description:
- Accessible Shoreline
- Additional Land Available
- Irregular Lot
- Some Trees
Schools
School District:
547
District Phone:
218-338-6011
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$4,066
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$4,066
Units
Total Units:
5
Miscellaneous
Current Use:
- Residential
- Resort
Fuel System:
- Electric
- Propane
Owner Occupied:
Yes
Sewer System:
- Holding Tank
- Tank with Drainage Field
Available Utilities:
- Electric Common
- Hot Water Separate
Water System:
- Drilled
- Private
- Submersible - 4 Inch
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
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This amortization schedule shows how much of your monthly payment will go towards the principle and how
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| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Dane Arthur Real Estate Agency-Crosslake.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.