3325 Lakewood Drive, Fergus Falls, MN 56537
M Premiere — Just Listed — listed August 11, 2026
5 Beds | 2 Baths | 2,604 Sq Ft | Single Family Home | MLS# 7121442
BuyPulse Grade
Below Market
At $106/sqft — This home is priced 27% below the typical Fergus Falls single-family home of $145/sqft.
Powered by the Realgorithm™ — 57 active Fergus Falls listings · NorthstarMLS
$1,700/month Estimated
- Principal & interest
- $1,391
- Property taxes
- $149
- Home insurance (est.)
- $160
- HOA dues
- None
20% down ($55,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Deciding Week · Day 2 of 7
33% of the last 12 homes like this one went under contract within the first week.
Day count from the MLS listing date · cohort stats from the last 90 days · NorthstarMLS
Located in Town & Country Add, Fergus Falls, MN.
About This Home
In 1997 this quiet 1.24 acre country property had a new foundation built and an existing home set in place to create this lovely 4+ bedroom 2 bath property. Home was gutted down to the studs and fully re-built with quality materials. They even made the exterior wall 6" thick so extra insulation could be added. The living room and home theatre have built in speakers and there is even a sound studio in here which could easily become another bedroom. The lower level has a master suite with attached on suite bath with a large tiled walk in shower and a large jetted spa tub. Right off the bedroom is a sitting area in front of patio doors so you can enjoy the secluded park like back yard. There are 2 more bonus rooms in the basement if you want to make this a 6 bedroom home or just have that home office, gym, or hobby space. The upper level of this home has 3 bedrooms, a home theatre with a fireplace and plenty of storage. You will appreciate the 32x26 heated garage built in 2004. The semi-open floor plan is great for entertaining or having people gather around the kitchen island. Another set of patio doors takes you from the kitchen right to the second story deck which also overlooks that lovely back yard. There are only a few more homes down the road so if peace and quiet is what you are looking for, you will find it here. Some photos use AI to show what the lawn will look like in the spring when it gets green again. There are a few easy updating projects you may want to take on so you can make it fit your family to a T and at this price you'll be able to do just that.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $206K and $344K in Fergus Falls:
- The field: 21 similar Fergus Falls homes for sale — you have options.
- Tempo: homes like this went pending in a median 15 days — 2 of the last 12 inside 4 days.
- Negotiation: 39% of the last 23 sales here closed at or over list — there's room to negotiate.
Powered by the Realgorithm™ — 23 real Fergus Falls closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1916
- Above Grade
- 1,892 sq ft
- Below Grade
- 712 sq ft
- Lot Size
- 1.24 acres
- Garage
- 3-car (Gravel, Heated Garage, Insulated Garage)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Yes
- Appliances
- Dishwasher, Double Oven, Dryer, Electric Water Heater, Indoor Grill, Microwave, Range, Refrigerator, Stainless Steel Appliances, Wall Oven, Washer, Water Softener Rented
- Sewer
- Tank with Drainage Field
- Water
- Private
- Annual Taxes
- $1,782
- County
- Otter Tail
- Days on Market
- 1
3325 Lakewood Drive is listed in Fergus Falls, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 3325 Lakewood Drive
Shannon Barnum
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 Trilogy Real Estate · Shown by Modern Market REALTORS®
First-Time Home Buyer Guide for Fargo-Moorhead — ND/MN buyer programs, budgeting, and the 7-step process.
View Full Listing & PhotosMLS# 7121442 · Data refreshed August 12, 2026
More Homes for Sale in Fergus Falls, MN
Frequently Asked Questions About 3325 Lakewood Drive
- Is $275,000 a good price for a home in Fergus Falls?
- At $106/sqft, this home is priced below the typical Fergus Falls single-family home of $145/sqft (27% lower), according to our BuyPulse comparison of comparable active listings. Browse Fergus Falls homes for sale to compare.
- Does 3325 Lakewood Drive have a basement?
- Yes, 3325 Lakewood Drive has a basement with 712 sq ft of below-grade space.
- What type of heating and cooling does 3325 Lakewood Drive have?
- 3325 Lakewood Drive has Forced Air heating and Central Air cooling.
- Where is 3325 Lakewood Drive located?
- 3325 Lakewood Drive is in the Town & Country neighborhood of Fergus Falls, MN 56537, in Otter Tail County.
- Is 3325 Lakewood Drive still available?
- Yes — 3325 Lakewood Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 3325 Lakewood Drive built?
- 3325 Lakewood Drive was built in 1916. It features a wood foundation.
- How many homes like 3325 Lakewood Drive are for sale in Fergus Falls?
- 21 similar homes (single-family homes between $206K and $344K in Fergus Falls) are for sale right now — you have options.
- How fast do homes like 3325 Lakewood Drive sell in Fergus Falls?
- Homes like this one (single-family homes between $206K and $344K in Fergus Falls) went pending in a median 15 days over the last 90 days — 2 of the last 12 went under contract within 4 days.
- Do homes in Fergus Falls sell for asking price?
- 39% of the last 23 comparable Fergus Falls sales closed at or over list price — there's room to negotiate. Based on real NorthstarMLS closings, not estimates.
- What does "M Premiere" mean?
- M Premiere™ is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
- 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.