41474 460th ST, Perham, MN 56573 - MLS#6790076

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Nick Leavy

nick@ermetro.com +1(612) 236-5331

$540,000

Est. payment - /mo

3 Beds

2 Baths

1,872 SqFt

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,872 sqft

Price per Sqft $288

Subdivision W Life Estate

MLS Listing ID 6790076

Style (SF) Single Family

Bedrooms 3

Full Baths 1

Three Quarter Bath 1

Year Built 1960

Annual Tax Amount $2,014

Acres 54.96

Lot Dimensions 54.96±

Property Description

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

Location

State MN

County Otter Tail

Community W Life Estate

Zoning Agriculture

Direction From Perham, West on Hwy 10 to 460th Street.

Rooms

Basement Full

Interior

Heating Hot Water

Cooling Window Unit(s)

Flooring 2394057.6

Fireplace No

Exterior

Garage Spaces 2.0

Accessibility None

Total Parking Spaces 2

Building

Foundation Concrete Block

Water Private, Well

Architectural Style (SF) Single Family

Others

Senior Community No

Tax ID 51000050066000

Virtual Tour https://wellcomemat.com/embed/59prff5d95d11mbrg?mls=1

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Listed by Whitetail Properties Real Esta

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