1508 Brenvei Drive, Fergus Falls, MN 56537
3 Beds | 2 Baths | 2,347 Sq Ft | Single Family Home | MLS# 7100897Lakefront on Hoot Lake · 161 acres · 20 ft deep
Price Drop on M Markdowns — was $590,000 (↓ $40,000)
$3,785/month Estimated
- Principal & interest
- $2,999
- Property taxes
- $465
- Home insurance (est.)
- $321
- HOA dues
- None
20% down ($110,000) · 30-yr fixed, 7.24%
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Estimates only; confirm before you offer.
50 earns the badge · a typical active home here scores ~9
The price here has already come down — the numbers point to real room to negotiate.
- 128 days on market — more than double the usual 55 days
- Price cut 6.8% (−$40,000)
- No negative signals found in the listing history
MMR track record: Offer-Ready homes closed a median 12% below their highest asking price — vs 3% for non-flagged reduced homes. MMR analysis of 79 vs 998 NorthstarMLS sales, updated monthly.
How the 0–100 Offer-Ready Score works →
Offer-Ready Score is a Modern Market REALTORS® calculation from NorthstarMLS listing data — not MLS-provided data.
About This Home
Hoot Lake! Beautiful Updated Three Bedroom Home. Beautiful sunrises overlooking a quiet bay. Has a Large Family Room with a Large Wood burning Fireplace overlooking the Lake with Southern Exposure. Interior has been completely painted with several new light fixtures. Updated flooring and floor coverings. Newer Hi Efficient natural gas forced air furnace, newer gas water heater. Insulated and heated two stall garage. Enclosed Screen House at Water's Edge. Enjoy Living on a Lake in the City limits. Property is on a Public, City maintained Road.
BuyPulse · Live market read
How 1508 Brenvei Drive Compares to the Fergus Falls Market
At $234/sqft, this home is priced $89/sqft above the typical Fergus Falls single-family home of $145/sqft.
The median list price in Fergus Falls is $249,900.
Verdict: Premium Pricing
Your negotiating position
84 Strong buyer leverage
Seller's market · Balanced · Buyer leverage
Day 128 — Fergus Falls homes overall typically go under contract by day ~22. This one is past that window.
5 similar homes for sale — alternatives if they won't move.
This seller already cut $40,000 — the asking price has already moved.
Homes like this one — single-family homes between $413K and $688K in Fergus Falls:
- The field: 5 similar Fergus Falls homes for sale — a short list right now.
- Price cuts: 3 of 5 similar homes have trimmed asking — median trim $10,000. This one already cut $40,000.
- Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.
Powered by the Realgorithm™ — real Fergus Falls closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1939
- Garage
- 2-Car Attached
- Style
- One and One Half
- HOA
- None
- Annual Taxes
- $5,576 (2025)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 2,347
- Lot Size
- 52,272 sqft
- Basement
- Yes
- Roof
- Asphalt
- County
- Otter Tail
- List Date
- 2026-06-29
- Days on Market
- 128 days
- Parcel ID
- 71002500004032
Financial
- Total Tax incl. Assessments
- $5,576
Home Systems & Utilities
- Heating
- Forced Air, Fireplace(s)
- Cooling
- Central Air
- Electric
- Circuit Breakers
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dishwasher, Dryer, Gas Water Heater, Range, Refrigerator, Washer
Interior Features
- Laundry
- Main Level
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- Block
- Foundation Area
- 1,820 sqft
- Total Building Area
- 3,335 sqft
Exterior Features
- Exterior Features
- Cement Board
- Fenced Area
- Yes
- Other Structures
- Screenhouse, Storage Shed
- View
- Bay, East, Lake
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage, Heated Garage, Insulated Garage, Tuckunder Garage
Lot & Land
- Lot Features
- Accessible Shoreline, Tree Coverage - Medium
- Road Surface
- City Street
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
- Lake
- Hoot
- Lake Acres
- 161.33 acres
- Lake Depth
- 20 ft
Agent & Office
- List Office
- Lakes Family Real Estate/Otter Tail Real Estate
Price History
- Price reduced to $550,000 — Sep 8, 2026
1508 Brenvei Drive is listed in Fergus Falls, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 1508 Brenvei Drive
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Your Fergus Falls real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Lakes Family Real Estate/Otter Tail Real Estate · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7100897 · Updated September 8, 2026
Similar Homes for Sale Near 1508 Brenvei Drive, Fergus Falls, MN
Frequently Asked Questions About 1508 Brenvei Drive
- Is $550,000 a good price for a home in Fergus Falls?
- According to BuyPulse, 1508 Brenvei Drive rates Premium Pricing — at $234/sqft it's priced 61% above the typical Fergus Falls single-family home of $145/sqft. Its negotiating-position score is 84/100 (Strong buyer leverage), weighed on days on market, comparable inventory, and how Fergus Falls homes are closing versus list. Powered by the Realgorithm™. Browse Fergus Falls homes for sale to compare.
- Does 1508 Brenvei Drive have a basement?
- Yes, 1508 Brenvei Drive has a basement.
- What type of heating and cooling does 1508 Brenvei Drive have?
- 1508 Brenvei Drive has Forced Air, Fireplace(s) heating and Central Air cooling.
- Where is 1508 Brenvei Drive located?
- 1508 Brenvei Drive is in Fergus Falls, MN 56537, in Otter Tail County.
- Is 1508 Brenvei Drive still available?
- Yes — 1508 Brenvei Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 1508 Brenvei Drive built?
- 1508 Brenvei Drive was built in 1939. It features an asphalt roof and a block foundation.
- Does 1508 Brenvei Drive have main-floor laundry?
- Yes — the laundry at 1508 Brenvei Drive is on the main level.
- How many homes like 1508 Brenvei Drive are for sale in Fergus Falls?
- 5 similar homes (single-family homes between $413K and $688K in Fergus Falls) are for sale right now — a short list right now.
- What does "M Markdowns" mean?
- M Markdowns™ is Modern Market REALTORS®’ real estate tracker of homes for sale with verified MLS price reductions across the Fargo-Moorhead metro and Minnesota lake country. Every reduction is sourced directly from NorthstarMLS — minimum $2,000 drop to filter noise.
- What does "BuyPulse" mean?
- BuyPulse™ is Modern Market REALTORS®’ live market-data brand for Fargo-Moorhead: cohort statistics — homes for sale, median days to pending, and share of sales closing at or over list price — computed from real NorthstarMLS closings, not estimates.
- What does "Realgorithm™" mean?
- The Realgorithm™ is Modern Market REALTORS®’ proprietary market-data engine — it computes every BuyPulse verdict from real NorthstarMLS closings (comparable active inventory, median days to pending, and sale-to-list price ratio) rather than an automated online estimate.
Local Companies to Help You Settle In
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Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/04/2026, 8:49 AM CST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.