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Single Family Home for Sale in Frazee, MN Lakefront on Little McDonald Lake · 1,316 acres · 109 ft deep 3 Beds | 4 Baths | 2,912 Sq Ft
$7,673/month Estimated
- Principal & interest
- $6,531
- Property taxes
- $392
- Home insurance (est.)
- $699
- Special assessments
- $51
- HOA dues
- None
20% down ($239,600) · 30-yr fixed, 7.24%
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Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.
Located in Hill View Estates, Frazee, MN.
About This Home
LITTLE MCDONALD-KERBS LAKE! Set on a Remarkable 4.65-Acre Wooded Lot, this Lakefront Retreat offers 304 ft. of Hard-Bottom Shoreline and one of the Finest Sugar-Sand Beaches in Lakes Country. Custom-Built in 2016, the home’s Hilltop Setting captures Sweeping Lake Views, while the Spring-Fed, Crystal-Clear Waters offer outstanding Walleye Fishing. At the heart of the home, the Living Room features a Masonry Natural Gas Fireplace and Floor-to-Ceiling Windows framing Incredible Lake Views. Hickory Hardwood Floors & a Knotty Pine Vaulted Ceiling bring warmth to the Open-Concept Floorplan while offering Functional One-Level Living complete with a spacious Owner’s Suite with a Private Ensuite Bath & Walk-In Closet. Downstairs, the Walk-Out Basement expands the living space with a generous Family Room, Two Bedrooms, a Full Bath, Home Office, and a Bonus Room just an egress window away from becoming a 4th Bedroom. Step outside to the Professionally Landscaped Multi-Level Patio, featuring a Covered Porch with Built-In Speakers, Upper & Lower Dining Areas, and Paver Fire Pit. The Meticulously Landscaped Yard slopes gently toward the lake, providing convenient Golf Cart Access, while a well-maintained Nature Trail offers a scenic route through the trees to the Water’s Edge. From the Picture-Perfect Lot & Exceptional Shoreline to the Custom Finishes & Craftsmanship, this property offers a truly second-to-none setting you need to see to believe!
BuyPulse · Live market read
How 45140 W Little McDonald Dr Compares to the Frazee Market
At $411/sqft, this home is priced $199/sqft above the typical Frazee single-family home of $212/sqft.
The median list price in Frazee is $429,000.
Verdict: Premium Pricing
Powered by the Realgorithm™ — real Frazee closings, zero guesses · NorthstarMLS
Key Features
- Built
- 2016
- Garage
- 3-Car
- Style
- One
- HOA
- None
- Annual Taxes
- $4,705.86 (2026)
- Specials/yr
- $612
Neighborhood & Schools
- Neighborhood
- Hill View Estates
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,512
- Below Grade Sq Ft
- 1,400
- Lot Size
- 4.65 acres
- Basement
- Yes
- Roof
- Asphalt
- Construction
- Frame, ICFs (Insulated Concrete Forms)
- County
- Otter Tail
- List Date
- 2026-10-22
- Days on Market
- 21 days
- Parcel ID
- 20000990778000
Financial
- Total Tax incl. Assessments
- $5,318
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Forced Air, Fireplace(s)
- Cooling
- Central Air
- Electric
- 200+ Amp Service
- Water
- 4-Inch Submersible, Private, Well
- Sewer
- Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
- Appliances
- Air-To-Air Exchanger, Dishwasher, Disposal, Dryer, Electric Water Heater, ENERGY STAR Qualified Appliances, Humidifier, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer, Water Softener Owned
Interior Features
- Laundry
- Laundry Room, Main Level, Sink
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- ICFs (Insulated Concrete Forms), Poured Concrete
- Foundation Area
- 1,512 sqft
- Total Building Area
- 3,024 sqft
Exterior Features
- Exterior Features
- Engineered Wood
- Other Structures
- Garage(s), Pole Building, Workshop, Storage Shed
- View
- East, Panoramic, South
- Accessibility Features
- Other
Parking & Garage
- Parking Features
- Attached Garage, Detached Garage, Asphalt, Concrete, Floor Drain, Finished Garage, Heated Garage, Insulated Garage, Multiple Garages, RV Access/Parking, Storage
Lot & Land
- Lot Features
- Accessible Shoreline, Tree Coverage - Heavy
- Topography
- High Ground,Ravine,Sloped,Solar Oriented,Walkout,Wooded
- Road Surface
- Township
- Wooded Area
- 2.3 acres
- Zoning Description
- Shoreline,Residential-Single Family
Waterfront
- Waterfront
- Yes
- Lake
- Little McDonald
- Lake Acres
- 1316.02 acres
- Lake Depth
- 109 ft
Agent & Office
- List Office
- Jack Chivers Realty
Price History
Listed at $1,198,000 on Oct 22, 2026 — No price changes
45140 W Little McDonald Dr is listed in Frazee, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 45140 W Little McDonald Dr
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Listed by Jack Chivers Realty · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7157792 · Updated November 11, 2026
Similar Homes for Sale Near 45140 W Little McDonald Dr, Frazee, MN
Frequently Asked Questions About 45140 W Little McDonald Dr
- Is $1,198,000 a good price for a home in Frazee?
- According to BuyPulse, 45140 W Little McDonald Dr rates Premium Pricing — at $411/sqft it's priced 94% above the typical Frazee single-family home of $212/sqft. Powered by the Realgorithm™. Browse Frazee homes for sale to compare.
- What are the special assessments at 45140 W Little McDonald Dr — and what do they mean?
- This property has $612/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 $4,705.86/yr. Always factor both into your total monthly housing cost before making an offer.
What special assessments cost in Fargo-Moorhead — live figures on every home for sale.
- Does 45140 W Little McDonald Dr have a basement?
- Yes, 45140 W Little McDonald Dr has a finished basement with 1,400 sq ft of below-grade space.
- What type of heating and cooling does 45140 W Little McDonald Dr have?
- 45140 W Little McDonald Dr has Forced Air, Fireplace(s) heating and Central Air cooling.
- Where is 45140 W Little McDonald Dr located?
- 45140 W Little McDonald Dr is in the Hill View Estates neighborhood of Frazee, MN 56544, in Otter Tail County.
- Is 45140 W Little McDonald Dr still available?
- Yes — 45140 W Little McDonald Dr is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 45140 W Little McDonald Dr built?
- 45140 W Little McDonald Dr was built in 2016. It features frame, icfs (insulated concrete forms) construction, an asphalt roof, and a icfs (insulated concrete forms), poured concrete foundation.
- Does 45140 W Little McDonald Dr have main-floor laundry?
- Yes — the laundry at 45140 W Little McDonald Dr 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.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 11/12/2026, 1:53 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.