$5,047 Closing Credit¹
#6715791, Listing office: RE/MAX Advantage Plus
$349,900 List price
40198 Basswood Ln Pelican Rapids, MN 56572
$4,155
Closing credit¹
2 beds
1 bath
891 sqft
$393 / sqft
House
Property details
About 40198 Basswood Ln
Welcome to your serene seasonal escape on the shores of South Lida Lake. This 2-bedroom, 1-bath lake cabin is full of rustic charm and nestled second to the end of a quiet dead-end road, offering privacy and breathtaking panoramic views of both the water and Maplewood State Park! Enjoy peaceful mornings on the deck overlooking the lake, lazy afternoons by the shore, and starlit evenings surrounded by nature. The cabin exudes classic up-north character with cozy living spaces, and large windows that bring the outdoors in. South Lida connects directly to North Lida, giving you access to even more boating, fishing, and exploring.
Highlights
Home typeSingle Family Residence
HeatingBaseboard
StatusActive
CoolingWindow Unit(s)
Size891 sqft
Year built1937
ParkingGravel
MLS #6740193
WaterfrontLake Front
ViewOther, Lake, Panoramic
Virtual tour
Summary
- Appliances: Electric Water Heater, Range, Refrigerator
- Basement: No
- Total Bedroom Count: 2
- Parking: Gravel
- Waterfront: Lake Front
- View: Other, Lake, Panoramic
- Heating: Baseboard
- Cooling: Window Unit(s)
- List Price: $349,900
- Price/SqFt: $392
- HOA Amount: $0
- Annual Tax Amount: $1,362
- Tax Year: 2024
- Lot: Accessible Shoreline
- Directions: 1. Start in downtown Pelican Rapids (e.g., near Hwy?108 & Hwy?59 intersection). 2. Drive east on State Highway?108 for approximately 5 miles. 3. Turn right onto 230th Ave (Cross Point Road) 4. Follow Cross Point Road, then turn left onto Cross Point Lane 5. Keep left when the road forks onto Bas
- Year Built: 1937
- Living Area: 891 SqFt
- MLS Number: 6740193
- MLS Name: NORTHSTAR
- Office Name: Keller Williams Realty Professionals
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$349,900
40198 Basswood Ln
$4,155
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $200,300 | $1,362 |
| 2023 | $164,200 | $1,278 |
| 2021 | $164,200 | $1,054 |
| 2020 | $98,600 | $892 |
| 2019 | $100,800 | $920 |
| 2018 | $100,800 | $956 |
| 2017 | $99,800 | $938 |
History based on county public records data.
Nearby schools
5
Viking Elementary School
Public District PK-6
4.0 mi
•1 Viking Dr
4
Rothsay Elementary School
Public District PK-6
14.2 mi
•2040 County Road 52
8
Cleveland Elementary School
Public District 2-4
17.8 mi
•919 Northern Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $45,955. Residents of Pelican Rapids, MN typically earn between $35k-100k each year. Most families are married, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
39%
<35k
51%
35k-100k
10%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
32%
Single, No Kids
8%
Single, with Kids
41%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
16%
18-34 yrs old
45%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Figure Skating
Where do the neighbors shop?
Academy Sports & Outdoors
Bass Pro Shops
Wal-Mart
Where do the neighbors go to eat?
Jimmy Johns
Hardee's
Applebees
What do the neighbors drive?
Chevrolet
GMC
Ram
What do the neighbors listen to?
New Country
Classic Country
Oldies
All data provided by Home Junction and Claritas
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Frequently asked questions
About 40198 Basswood Ln
The listing price of 40198 Basswood Ln property is $349,900.
The property 40198 Basswood Ln is a house located in Pelican Rapids, Minnesota, 56572.
Active Listing: 40198 Basswood Ln is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 40198 Basswood Ln are: Viking Elementary School (GreatSchools Rating 5/10), Rothsay Elementary School (GreatSchools Rating 4/10), Cleveland Elementary School (GreatSchools Rating 8/10), Kennedy Middle School (GreatSchools Rating 8/10), Prairie Wind Middle School (GreatSchools Rating 5/10), Detroit Lakes Middle School (GreatSchools Rating 5/10), Pelican Rapids Secondary School (GreatSchools Rating 6/10), Rothsay Secondary School (GreatSchools Rating 7/10), Kennedy High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2024 is $1,362 (source: MLS/based on county public records data).
The property at 40198 Basswood Ln has 2 bedrooms and 1 bathroom.
The property 40198 Basswood Ln is 891 SqFt (source: MLS/tax record).
The year of construction for 40198 Basswood Ln is 1937.
This home is located at 40198 Basswood Ln in Pelican Rapids, MN and zip code 56572. This 891 square foot home was built in 1937. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since June 18, 2025 and is currently priced at $349,900.
While more than 4 listings in Pelican Rapids, MN in May 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 3 were sold below. In May 2025 in Pelican Rapids, MN there were 36% more homes for sale than in April. Listings spent 15 days on the market in May 2025, and had a median list price of $359,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.