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2 Beds | 2 Baths | 1,652 Sq Ft | Single Family Home | MLS# 7087551
M Markdowns — Price Reduced — was $619,000 (↓ $20,000)
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.
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®
Buying a home in Frazee? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7087551 · Data refreshed August 4, 2026
More Homes for Sale in Frazee, MN
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.