38132 N Little Mcdonald Drive, Frazee, MN 56544
4 Beds | 3 Baths | 3,865 Sq Ft | Single Family Home | MLS# 7082596
Is 38132 N Little Mcdonald Drive a Good Deal?
BuyPulse Verdict
Premium Pricing
At $594/sqft — This home is priced 202% above the typical Frazee single-family home of $197/sqft.
Powered by the Realgorithm™ — 29 active Frazee listings · NorthstarMLS
$13,579/month Estimated
- Principal & interest
- $11,605
- Property taxes
- $589
- Home insurance (est.)
- $1,339
- Special assessments
- $46 + pending
- HOA dues
- None
20% down ($459,000) · 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.
Located in Lenius Beach 1st Add, Frazee, MN.
About This Home
Overlooking the iconic Little McDonald Lake, positioned on 150' of premier sandy swimming frontage, this landmark property masterfully blends absolute privacy, luxury, and breathtaking lake views. Premier in every sense, Little McDonald Lake stands as one of Minnesota's most exclusive lakes with little turnover. It's crystal-clear waters offer 30+ feet of pristine clarity, a legendary trophy walleye fishery, and perfect sandy swimming beaches, all framed by an impressive collection of high-end custom homes on large private lots that define this majestic body of water. Thoughtfully designed and extensively remodeled, this lake estate captures the essence of an upscale lake lifestyle while preserving the warmth and character of an authentic lake home. Inside, soaring vaulted ceilings, rich cedar craftsmanship, stunning Tigerwood flooring, and an impressive 20’ stone wood-burning fireplace create a dramatic, yet inviting atmosphere. The gourmet kitchen was designed for entertaining with custom maple cabinetry, exotic granite countertops, premium appliances, a wet bar, and an oversized island overlooking the lake. The spacious primary en-suite wing includes a private office both with stunning lake views, a massive walk-in closet, and a luxurious bathroom. Outdoor living is exceptional with six separate decks and patios, multiple firepit areas, beautifully landscaped grounds, a premium dock system, and private sand beach with outstanding swimming. The highly sought after 48x36 “Garage Mahal” offers over 2,500 finished sq ft with in-floor radiant heat, incredible storage capacity and a 2nd floor ideal for storage, recreation or guest quarters. An attached private lakeside guest wing complete with a kitchen, bedroom and living room with separate entrances provides ideal accommodations for guests or rental income. This really is THE home you've been waiting for, schedule a showing today!
Key Features
- Property Type
- Single Family
- Year Built
- 1984
- Above Grade
- 2,905 sq ft
- Below Grade
- 960 sq ft
- Lot Size
- 1.10 acres
- Garage
- 4-car (Detached Garage, Asphalt, Heated Garage, Insulated Garage)
- Heating
- Baseboard, Dual Fuel/Off Peak, Forced Air, Fireplace(s), In-Floor Heating
- Cooling
- Ductless Mini-Split
- Basement
- Finished
- Appliances
- Cooktop, Dishwasher, Double Oven, Dryer, Electric Water Heater, Freezer, Water Filtration System, Water Osmosis System, Microwave, Refrigerator, Wall Oven, Water Softener Owned
- Sewer
- Septic System Compliant - Yes, Tank with Drainage Field
- Water
- Drilled
- Annual Taxes
- $7,070.4
- Special Assessments
- $552
- County
- Otter Tail
- Days on Market
- 114
38132 N Little Mcdonald Drive is listed in Frazee, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 38132 N Little Mcdonald Drive
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 Estate Results · Shown by Modern Market REALTORS®
Buying a home in Frazee? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7082596 · Data refreshed September 14, 2026
Frequently Asked Questions About 38132 N Little Mcdonald Drive
- Is $2,295,000 a good price for a home in Frazee?
- According to BuyPulse, 38132 N Little Mcdonald Drive rates Premium Pricing — at $594/sqft it's priced 202% above the typical Frazee single-family home of $197/sqft. Powered by the Realgorithm™. Browse Frazee homes for sale to compare.
- What are the special assessments at 38132 N Little Mcdonald Drive — and what do they mean?
- This property has $552/yr in annual special assessments with additional 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 $7,070.4/yr. Always factor both into your total monthly housing cost before making an offer.
- Does 38132 N Little Mcdonald Drive have a basement?
- Yes, 38132 N Little Mcdonald Drive has a finished basement with 960 sq ft of below-grade space.
- What type of heating and cooling does 38132 N Little Mcdonald Drive have?
- 38132 N Little Mcdonald Drive has Baseboard, Dual Fuel/Off Peak, Forced Air, Fireplace(s), In-Floor Heating and Ductless Mini-Split cooling.
- Where is 38132 N Little Mcdonald Drive located?
- 38132 N Little Mcdonald Drive is in the Lenius Beach neighborhood of Frazee, MN 56544, in Otter Tail County.
- Is 38132 N Little Mcdonald Drive still available?
- Yes — 38132 N Little Mcdonald Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 38132 N Little Mcdonald Drive built?
- 38132 N Little Mcdonald Drive was built in 1984. It features frame construction, an asphalt roof, and a block, slab foundation.
- Does 38132 N Little Mcdonald Drive have main-floor laundry?
- Yes — the laundry at 38132 N Little Mcdonald Drive is on the main level.
Local Companies to Help You Settle In
From inspection to closing to moving day, here are well-known local companies serving the Frazee area.