515 Vernon Place, Fergus Falls, MN 56537
Just Listed — listed July 11, 2026
3 Beds | 2 Baths | 2,808 Sq Ft | Single Family Home | MLS# 7108043
Located in Waters Add, Fergus Falls, MN.
About This Home
This beautifully updated rambler offers spacious, comfortable living and is designed to meet a variety of needs. Featuring three bedrooms on the same level and large bathrooms on each level, it provides both convenience and functionality. Situated on a quiet street that is only 1 block long and sitting on a generous 0.3+ acre in-town lot, the home boasts a large family room with a fireplace that is perfect for gatherings, movie nights, or relaxing with family and friends. A versatile storage or hobby room offers endless possibilities—ideal for crafts, exercise room, a workshop, or even a bedroom with a little TLC. This basement presents the opportunity to add a fourth and 5th bedroom with the installation of a couple of egress windows. The kitchen is both stylish and practical, featuring modern stainless-steel appliances and a peninsula that provides extra seating. A unique live edge wood countertop is lovely a design focus. Step out the patio doors to enjoy the expansive backyard, whether you're gardening, entertaining, or simply unwinding on the back deck. With quality updates, flexible living spaces, and room to grow, this home is truly a must-see.
BuyPulse — Live Market Read
Homes like this one — single-family homes between $192K and $319K 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 — 1 of the last 16 inside 4 days.
- Negotiation: 45% of the last 22 sales here closed at or over list — about half hold full price.
Powered by the Realgorithm™ — 22 real Fergus Falls closings, zero guesses · NorthstarMLS
Key Features
- Property Type
- Single Family
- Year Built
- 1988
- Above Grade
- 1,908 sq ft
- Below Grade
- 900 sq ft
- Lot Size
- 0.31 acres
- Garage
- 1-car (Attached Garage)
- Heating
- Forced Air
- Cooling
- Central Air
- Basement
- Yes
- Sewer
- City Sewer/Connected
- Water
- City Water/Connected
- Annual Taxes
- $2,064
- School District
- Fergus Falls
- County
- Otter Tail
- Days on Market
- 3
515 Vernon Place is listed in Fergus Falls, MN, part of Otter Tail. Browse all Minnesota homes for sale on 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# 7108043
More Homes for Sale in Fergus Falls, MN
Frequently Asked Questions About 515 Vernon Place
- Is $255,500 a good price for a home in Fergus Falls?
- At $91/sqft, this home is priced significantly below the typical Fergus Falls single-family home of $145/sqft (37% lower), based on comparable active listings. Browse Fergus Falls homes for sale to compare.
- How big is the lot at 515 Vernon Place?
- The lot at 515 Vernon Place is 0.31 acres (13,634 sq ft).
- Does 515 Vernon Place have a basement?
- Yes, this home has a basement with 900 sq ft of below-grade space.
- What type of heating and cooling does 515 Vernon Place have?
- This home has Forced Air heating and Central Air cooling.
- How many homes like 515 Vernon Place are for sale in Fergus Falls?
- 21 similar homes (single-family homes between $192K and $319K in Fergus Falls) are for sale right now — you have options.
- How fast do homes like 515 Vernon Place sell in Fergus Falls?
- Homes like this one (single-family homes between $192K and $319K in Fergus Falls) went pending in a median 15 days over the last 90 days — 1 of the last 16 went under contract within 4 days.
- Do homes in Fergus Falls sell for asking price?
- 45% of the last 22 comparable Fergus Falls sales closed at or over list price — about half hold full price. Based on real NorthstarMLS closings, not estimates.