For Sale: Perham MLS# 6790076
Active
$540,000
Single Family: 1 Story
3 br • 2 ba • Built 1960
1,872 sqft • 54.96 acres
Perham-Dent schools
MLS# 6790076
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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
Listing
Listing Status:
Active
Contingency:
None
List Price:
$540,000
Price per sq ft:
$288
Property Type:
Single Family
City:
Perham
Garage Spaces:
2
County:
Otter Tail
Year Built:
1960
State:
MN
Property Style:
1 Story
Zip Code:
56573
Subdivision Name:
W Life Estate
Interior
Bedrooms:
3
Bathrooms:
2
Finished Area:
1,872 ft2
Total Fireplaces:
0
Living Area:
1,872 ft2
Common Wall:
No
Basement Details:
- Finished
- Full
- Walkout
Exterior
Stories:
One
Garage Spaces:
2
Garage Dimensions:
24x24
Garage Size:
576 ft2
Air Conditioning:
Window Unit(s)
Foundation Size:
840 ft2
Handicap Accessible:
None
Heating System:
Hot Water
Parking Features:
Attached Garage
Exterior Material:
Vinyl Siding
Rooms
1/4 Baths:
None
Full Baths:
1
Half Baths:
None
3/4 Baths:
1
| Main Level | Size | Sq Ft |
|---|---|---|
| Kitchen | — | — |
| Dining Room | — | — |
| Living Room | — | — |
| Family Room | — | — |
| Bedroom 1 | — | — |
| Bedroom 2 | — | — |
| Bathroom | — | — |
| Lower Level | Size | Sq Ft |
|---|---|---|
| Bedroom 3 | — | — |
| Bathroom | — | — |
| Utility Room | — | — |
Lake & Waterfront
Waterfront Present:
Y
Waterfront Name:
Schuster
DNR Lake ID#:
56022100
WF Frontage:
2000
Lake Chain Name:
N
Lake Acres:
44
Lake Depth:
80
Waterfront:
Lake Front
Lot & Land
Acres:
54.96
Geolocation:
46.62673, -95.630136
Lot Dimensions:
54.96±
Zoning:
Agriculture
Schools
School District:
549
District Phone:
218-346-4501
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$2,014
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$2,014
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Fuel System:
Propane
Sewer System:
Private Sewer
Water System:
- Private
- Well
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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 Whitetail Properties Real Esta.
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.