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.
Closed
$329,000
40198 Basswood Ln, Pelican Rapids, MN 56572
2beds
891sqft
Single Family
Built in 1937
0.53 Acres Lot
$335,600 Zestimate®
$369/sqft
$1,428 Estimated rent
Home value
$335,600
$221,000 - $507,000
$1,428/mo
Zestimate® history
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List your homeWhat's special
Breathtaking panoramic viewsClassic up-north characterRustic charmDeck overlooking the lakeLarge windowsCozy living spacesQuiet dead-end road
Zillow last checked:
Listing updated:
Listed by:
Brandon Lambert 218-395-5781,
Keller Williams Realty Professionals
Bought with:
Michael Carlson
RE/MAX Advantage Plus
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6740193
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
- Area: 140.8 Square Feet
- Dimensions: 16x8.8
Bedroom 2
- Level: Main
- Area: 96.9 Square Feet
- Dimensions: 11.4x8.5
Dining room
- Level: Main
- Area: 102.85 Square Feet
- Dimensions: 12.1x8.5
Kitchen
- Level: Main
- Area: 101.15 Square Feet
- Dimensions: 11.9x8.5
Living room
- Level: Main
- Area: 197.12 Square Feet
- Dimensions: 22.4x8.8
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater, Range, Refrigerator
Features
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 891
- Total interior livable area: 891 sqft
- Finished area above ground: 891
- Finished area below ground: 0
Property
Parking
- Parking features: Gravel
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck, Enclosed, Front Porch, Side Porch
- Has view: Yes
- View description: East, Lake, Panoramic
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Lake Bottom(Sand, Weeds)
- Frontage length: Water Frontage: 130
Lot
- Size: 0.53 Acres
- Dimensions: 130 x 176.5
- Features: Accessible Shoreline
Details
- Additional structures: Storage Shed
- Foundation area: 891
- Additional parcels included: 37000990512000
- Parcel number: 37000990511000
- Zoning description: Shoreline
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family
Materials
- Frame
- Roof: Architectural Shingle
Condition
- New construction: No
- Year built: 1937
Utilities & green energy
- Electric: Circuit Breakers, 100 Amp Service
- Gas: Electric
- Sewer: Holding Tank
- Water: Sand Point
Community & HOA
Community
- Subdivision: Olsons Maplewood-Lida Bch 1st Add
HOA
- Has HOA: No
Location
- Region: Pelican Rapids
Financial & listing details
- Price per square foot: $369/sqft
- Tax assessed value: $210,600
- Annual tax amount: $1,929
- Date on market: 6/18/2025
- Cumulative days on market: 25 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2025 | Sold | $329,000-6%$369/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6740193 Report a problem | ||
| 7/14/2025 | Pending sale | $349,900$393/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6740193 Report a problem | ||
| 6/18/2025 | Listed for sale | $349,900+79.4%$393/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6740193 Report a problem | ||
| 10/9/2020 | Sold | $195,000-18.4%$219/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6079648 Report a problem | ||
| 9/5/2020 | Price change | $239,000-8%$268/sqft |
Source: Counselor Realty of Detroit Lakes #20-31283 Report a problem | ||
| 8/25/2020 | Price change | $259,900-10.3%$292/sqft |
Source: Counselor Realty of Detroit Lakes #20-31283 Report a problem | ||
| 8/1/2020 | Listed for sale | $289,900$325/sqft |
Source: Counselor Realty of Detroit Lakes #20-31283 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,231 -0.1% | $210,600 +5.1% |
| 2024 | $1,232 +7.3% | $200,300 +22% |
| 2023 | $1,148 +8.9% | $164,200 +46% |
| 2022 | $1,054 +28.2% | $112,500 |
| 2021 | $822 -3.3% | -- |
| 2020 | $850 -3.7% | $98,600 -2.2% |
| 2018 | $883 -7.6% | $100,800 +1% |
| 2017 | $956 +10.4% | $99,800 +3% |
| 2016 | $866 | $96,900 |
| 2015 | $866 +1.6% | -- |
| 2014 | $852 | $96,700 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | $704 -2% | -- |
| 2010 | $718 | -- |
Find assessor info on the county website
Neighborhood: 56572
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Nearby schools
GreatSchools rating
- 6/10Viking Elementary SchoolGrades: PK-6Distance: 4.1 mi
- 6/10Pelican Rapids SecondaryGrades: 7-12Distance: 4.2 mi
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- Minnesota
- Otter Tail County
- Pelican Rapids
- 56572
- 40198 Basswood Ln
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