2 bed 2 bath single family home for sale at 50705 E Lake Seven Road, Unit 7RD, Frazee MN MLS# 7087551 - Photo 1 of 45

50705 E Lake Seven Road, Unit 7RD, Frazee, MN 56544

2 Beds | 2 Baths | 1,652 Sq Ft | Single Family Home | MLS# 7087551

M Markdowns — Price Reduced — was $619,000 (↓ $20,000)

$599,000

BuyPulse Grade

Premium Priced

At $363/sqft — This home is priced 70% above the typical Frazee single-family home of $214/sqft.

Powered by the Realgorithm™ — 25 active Frazee listings · NorthstarMLS

$3,725/month Estimated

Principal & interest
$3,029
Property taxes
$347
Home insurance (est.)
$349
HOA dues
None

20% down ($119,800) · 30-yr fixed, 6.5% · Can I afford this home?

Estimates only; confirm before you offer.

Frazee, MN Active

About This Home

Amazing Sunset Views! 2 Bedroom 2 Bath Year Round Chalet Style Lake Home on Crystal Clear Lake Seven. 3rd Bedroom could be added in the Lower Level. Open Floorplan Woodburning 2 Sided Fireplace. Updated Kitchen Features Stainless Appliances and Spacious Granite Counters. The Sitting Room off the Kitchen allows you to Enjoy your Guests as you Cook. Sitting on the Maintenance Free Deck you Feel like you are in a Tree House. Beautiful Large Yard with 226 Front Feet of Hard Sand Bottom, for Excellent Swimming. Detached Oversized 2 Car Garage. Great Location just outside of Vergas, and an Easy Drive to Spanky's. Don't let this one Slip Away!

BuyPulse™ — Live Market Read

Homes like this one — single-family homes between $449K and $749K in Frazee:

  • The field: 5 similar Frazee homes for sale — a short list right now.

Powered by the Realgorithm™ — real Frazee closings, zero guesses · NorthstarMLS

Key Features

Property Type
Single Family
Year Built
1973
Above Grade
1,652 sq ft
Lot Size
0.80 acres
Garage
2-car (Detached Garage)
Heating
Baseboard, Ductless Mini-Split
Cooling
Ductless Mini-Split
Basement
Yes
Sewer
Tank with Drainage Field
Water
4-Inch Submersible
Annual Taxes
$4,158
County
Otter Tail
Days on Market
68

50705 E Lake Seven Road, Unit 7RD is listed in Frazee, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 50705 E Lake Seven Road, Unit 7RD

Shannon Barnum

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 REMAX Lakes Region · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7087551 · Data refreshed August 4, 2026

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Frequently Asked Questions About 50705 E Lake Seven Road, Unit 7RD

Is $599,000 a good price for a home in Frazee?
At $363/sqft, this home is priced significantly above the typical Frazee single-family home of $214/sqft (70% higher), according to our BuyPulse comparison of comparable active listings. Browse Frazee homes for sale to compare.
Does 50705 E Lake Seven Road have a basement?
Yes, 50705 E Lake Seven Road has a basement.
What type of heating and cooling does 50705 E Lake Seven Road have?
50705 E Lake Seven Road has Baseboard, Ductless Mini-Split heating and Ductless Mini-Split cooling.
Where is 50705 E Lake Seven Road located?
50705 E Lake Seven Road is in Frazee, MN 56544, in Otter Tail County.
Is 50705 E Lake Seven Road still available?
Yes — 50705 E Lake Seven Road is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 50705 E Lake Seven Road built?
50705 E Lake Seven Road was built in 1973. It features a block foundation.
How many homes like 50705 E Lake Seven Road are for sale in Frazee?
5 similar homes (single-family homes between $449K and $749K 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.