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Single Family Home for Sale in Frazee, MN Lakefront on Long Lake · 1,289 acres · 128 ft deep 5 Beds | 5 Baths | 4,582 Sq Ft
Price Reduced — was $798,000 (↓ $1,000) · M Markdowns
$5,326/month Estimated
- Principal & interest
- $4,345
- Property taxes
- $516
- Home insurance (est.)
- $465
- HOA dues
- None
20% down ($159,400) · 30-yr fixed, 7.24%
Try our home affordability calculator
Estimates only; confirm before you offer.
About This Home
Now priced over $100,000 below tax assessed value! A truly one of a kind lake property offering the perfect blend of space, luxury, and modern efficiency. With over 5,200 sq ft , 6.19 acres of land, and 375 feet of sandy shoreline the opportunities are endless to enjoy lake living. The home boasts 5 bedrooms (with the potential for 8), 5 bathrooms, and an attached 3-stall garage. An additional 3-stall shop is located on the property perfect for extra storage, lake hobbies, or recreational use. Designed to capture the beauty of its surroundings, the home features stunning lake views throughout. The main level includes two spacious living rooms, a large kitchen with abundant cabinetry and storage, a gas stove, and is complemented by formal and informal dining spaces. The primary suite hosts a private ensuite bathroom with a double vanity, offering a comfortable and functional retreat. The partially finished basement offers excellent potential, with space to add up to three additional bedrooms providing flexibility for future growth, guests, or expanded living space. Outside, the property truly shines. In addition to the sandy shoreline, the expansive acreage is enhanced by mature trees and thoughtful landscaping. A covered porch attached to the home provides the perfect place to relax or entertain while taking in both sunrise and sunset views over the water. Extensively updated with efficiency and long-term durability, the property features numerous high-quality upgrades and energy-efficient systems, including: - ICF concrete foundation (2019) - Attached garage (2019) - Updated lighting with new electrical (2019) - New windows throughout the entire house (2019) - Geothermal heating and cooling system (2019) - In-floor heat in the basement, 3-stall attached garage, and the shop (2019) - Durable ABC seamless steel siding with transferable lifetime warranty (2025) - Air exchanger (2026) - Boiler with tankless water heater (2026) - Dual-zone central air This is a rare combination of space, setting, and updates located on desirable Long Lake. Don’t miss the opportunity to make this impressive lake property your own!
BuyPulse · Live market read
How 36968 Co Highway 60 Compares to the Frazee Market
At $174/sqft, this home is priced $38/sqft below the typical Frazee single-family home of $212/sqft.
The median list price in Frazee is $429,000.
Verdict: Excellent Value
Homes like this one — single-family homes between $598K and $996K in Frazee:
- The field: 9 similar Frazee homes for sale — a short list right now.
- Price cuts: 6 of 9 similar homes have trimmed asking — median trim $28,000. This one already cut $1,000.
- 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 Frazee closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1977
- Garage
- 6-Car
- Style
- Two
- HOA
- None
- Annual Taxes
- $6,190 (2025)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 3,314
- Below Grade Sq Ft
- 1,268
- Lot Size
- 6.19 acres
- Basement
- Yes
- Roof
- Shake
- Construction
- Concrete, ICFs (Insulated Concrete Forms)
- County
- Otter Tail
- List Date
- 2026-08-14
- Days on Market
- 90 days
- Parcel ID
- 32000270188019
Financial
- Total Tax incl. Assessments
- $6,190
Home Systems & Utilities
- Heating
- Geothermal, In-Floor Heating, Zoned
- Cooling
- Central Air, Geothermal
- Electric
- 200+ Amp Service
- Water
- Well
- Sewer
- Mound Septic
- Appliances
- Air-To-Air Exchanger, Central Vacuum, Dishwasher, Disposal, Dryer, Fuel Tank - Owned, Humidifier, Gas Water Heater, Water Filtration System, Water Osmosis System, Microwave, Other, Refrigerator, Tankless Water Heater, Wall Oven, Washer, Water Softener Owned
Interior Features
- Laundry
- Main Level
Construction & Exterior
Construction & Structure
- Foundation Type
- ICFs (Insulated Concrete Forms)
- Foundation Area
- 1,768 sqft
- Total Building Area
- 5,228 sqft
Exterior Features
- Exterior Features
- Stone, Steel Siding, Wood
- Pool
- Yes
- Fenced Area
- Yes
- Other Structures
- Garage(s)
- View
- Lake, South
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage, Detached Garage, Gravel, Insulated Garage
Lot & Land
- Lot Features
- Irregular Lot, Tillable, Tree Coverage - Medium
- Zoning Description
- Shoreline,Residential-Single Family
Waterfront
- Waterfront
- Yes
- Lake
- Long
- Lake Acres
- 1288.78 acres
- Lake Depth
- 128 ft
Agent & Office
- List Office
- REAL (1022 FGO)
Price History
- Price reduced to $797,000 — Sep 11, 2026
36968 Co Highway 60 is listed in Frazee, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 36968 Co Highway 60
Associate Broker · Modern Market REALTORS®
Your Frazee real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by REAL (1022 FGO) · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7127428 · Updated November 11, 2026
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Frequently Asked Questions About 36968 Co Highway 60
- Is $797,000 a good price for a home in Frazee?
- According to BuyPulse, 36968 Co Highway 60 rates Excellent Value — at $174/sqft it's priced 18% below the typical Frazee single-family home of $212/sqft. Powered by the Realgorithm™. Browse Frazee homes for sale to compare.
- Does 36968 Co Highway 60 have a basement?
- Yes, 36968 Co Highway 60 has a basement with 1,268 sq ft of below-grade space.
- What type of heating and cooling does 36968 Co Highway 60 have?
- 36968 Co Highway 60 has Geothermal, In-Floor Heating, Zoned heating and Central Air, Geothermal cooling.
- Where is 36968 Co Highway 60 located?
- 36968 Co Highway 60 is in Frazee, MN 56544, in Otter Tail County.
- Is 36968 Co Highway 60 still available?
- Yes — 36968 Co Highway 60 is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 36968 Co Highway 60 built?
- 36968 Co Highway 60 was built in 1977. It features concrete, icfs (insulated concrete forms) construction, a shake roof, and a icfs (insulated concrete forms) foundation.
- Does 36968 Co Highway 60 have main-floor laundry?
- Yes — the laundry at 36968 Co Highway 60 is on the main level.
- How many homes like 36968 Co Highway 60 are for sale in Frazee?
- 9 similar homes (single-family homes between $598K and $996K in Frazee) 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
From inspection to closing to moving day, here are well-known local companies serving the Frazee area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/12/2026, 1:49 PM 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.