23889 County Hwy 1, Fergus Falls, MN 56537
0 Beds | 1 Bath | Single Family Home | MLS# 7068207
M Markdowns — Price Reduced — was $595,000 (↓ $45,000)
$3,388/month Estimated
- Principal & interest
- $2,781
- Property taxes
- $271
- Home insurance (est.)
- $321
- Special assessments
- $15
- HOA dues
- None
20% down ($110,000) · 30-yr fixed, 6.5% · Can I afford this home?
Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.
50 earns the badge · a typical active home here scores ~8
The price here has already come down — the numbers point to real room to negotiate.
- 137 days on market — more than double the usual 58 days
- Price cut 7.6% (−$45,000)
- No negative signals found in the listing history
MMR track record: Offer-Ready homes closed a median 13% below their highest asking price — vs 3% for non-flagged reduced homes. MMR analysis of 29 vs 742 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
Check out this versatile property with many great options. Currently has a 1910 farm home in the stage of being remodeled with the exterior pretty much to a finished state and inside has been taken down to the studs. Full basement with a detached 2 stall garage built in 1978. The crowning jewels of the property are the over 5,000 sq ft of finished operational shop with current business as well as the 23.88 acres of land that it sits on. Approximately 17 acres of tillable with 3 acres of pasture. The shop was built in 2 stages. The East 1/2 in 2007 with in floor heat and the West 1/2 built in 2020. 3-phase electrical system, 2-12 ft overhead doors with 3 entry doors. 14 ft ceilings in main shop area. Separate rooms for office and break room. Views from all directions with this property as it sits atop a hill. The opportunities for use of this property are up to the buyer and their vision. The machining business itself is for sale as well but not necessary to sell to complete the property sale. Personal property as well as business assets will be removed unless otherwise negotiated as part of sale.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $413K and $688K in Fergus Falls:
- The field: 12 similar Fergus Falls homes for sale — you have options.
Powered by the Realgorithm™ — real Fergus Falls closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1910
- Lot Size
- 23.88 acres
- Garage
- 2-car (Detached Garage, Other)
- Heating
- None
- Cooling
- None
- Sewer
- Tank with Drainage Field
- Water
- Well
- Annual Taxes
- $3,255
- Special Assessments
- $185
- County
- Otter Tail
- Days on Market
- 136
23889 County Hwy 1 is listed in Fergus Falls, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 23889 County Hwy 1
Associate Broker · Modern Market REALTORS®
Your Fergus Falls real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Century 21 Atwood · Shown by Modern Market REALTORS®
Buying a home in Fergus Falls? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7068207 · Data refreshed June 29, 2026
Similar Homes for Sale Near 23889 County Hwy 1, Fergus Falls, MN
Frequently Asked Questions About 23889 County Hwy 1
- What are the special assessments at 23889 County Hwy 1 — and what do they mean?
- This property has $185/yr in annual special assessments, with no specials pending. Special assessments are separate from property taxes — they are charges levied by the city for infrastructure improvements like streets, water, sewer, and sidewalks. Annual property taxes are $3,255/yr. Always factor both into your total monthly housing cost before making an offer.
- What type of heating and cooling does 23889 County Hwy 1 have?
- 23889 County Hwy 1 has None heating and None cooling.
- Where is 23889 County Hwy 1 located?
- 23889 County Hwy 1 is in Fergus Falls, MN 56537, in Otter Tail County.
- Is 23889 County Hwy 1 still available?
- Yes — 23889 County Hwy 1 is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 23889 County Hwy 1 built?
- 23889 County Hwy 1 was built in 1910. It features a other foundation.
- How many homes like 23889 County Hwy 1 are for sale in Fergus Falls?
- 12 similar homes (single-family homes between $413K and $688K in Fergus Falls) are for sale right now — you have options.
- 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
From inspection to closing to moving day, here are well-known local companies serving the Fergus Falls area.