50771 Good Oak Loop, Frazee, MN 56544
4 Beds | 3 Baths | 3,968 Sq Ft | Single Family Home | MLS# 7125736
Price Reduced — was $863,700 (↓ $5,000) · M Markdowns
Is 50771 Good Oak Loop a Good Deal?
BuyPulse Verdict
Premium Pricing
At $216/sqft — This home is priced 16% above the typical Frazee single-family home of $186/sqft.
Powered by the Realgorithm™ — 30 active Frazee listings · NorthstarMLS
$5,277/month Estimated
- Principal & interest
- $4,342
- Property taxes
- $434
- Home insurance (est.)
- $501
- HOA dues
- None
20% down ($171,740) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Oak Ridge Estates 2nd Add, Frazee, MN.
About This Home
Welcome to this stunning lakefront year-round home, perfectly positioned to capture breathtaking sunsets over the water on this private lake with no public access. This 4-bedroom, 3-bathroom home blends comfort, style, and functionality across three beautifully designed levels. Large windows frame picturesque views of the lake, bringing the beauty of nature into virtually every room in the home. As you enter the main level, you're greeted by a warm and inviting living room centered around a cozy fireplace, ideal for relaxing evenings or hosting guests. The kitchen features elegant granite countertops, ample cabinetry, and modern appliances perfect for both everyday cooking and entertaining. The lower level boasts a sauna as well as a spacious family room with bar area, offering the ultimate space for entertaining or casual gatherings. Upstairs, a bonus room with a second fireplace and a private balcony provides a versatile space ideal as a media room, home office, or relaxing getaway. From here, and from most rooms in the home, you can enjoy breathtaking lake views. With four generous bedrooms and three bathrooms, there’s plenty of space for family and guests alike. The combination of thoughtful design, west-facing exposure, and seamless indoor-outdoor flow make this home your ticket to lakeside living at its finest. The recently added private driveway and the second garage with 50 amp camper/motorhome outlet makes this the perfect lake home retreat.
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $644K and $1.1M 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
- Built
- 1997
- Garage
- 4-Car
- Style
- One and One Half
- HOA
- None
- Annual Taxes
- $5,212 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 2,176
- Below Grade Sq Ft
- 1,792
- Lot Size
- 1.43 acres
- Basement
- Yes
- Roof
- Asphalt
- Construction
- Frame
- County
- Otter Tail
- List Date
- 2026-08-11
- Days on Market
- 62 days
- Parcel ID
- 32000990587000
Financial
- Total Tax incl. Assessments
- $5,212
Home Systems & Utilities
- Heating
- Baseboard, Forced Air, Fireplace(s)
- Cooling
- Central Air
- Water
- Drilled, Private, Shared System, Well
- Sewer
- Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
- Appliances
- Microwave, Range, Refrigerator
Interior Features
- Laundry
- Main Level
- Fireplace
- 2 fireplaces
Construction & Exterior
Construction & Structure
- Foundation Type
- Other
- Foundation Area
- 1,792 sqft
- Total Building Area
- 3,968 sqft
Exterior Features
- Exterior Features
- Steel Siding
- Other Structures
- Garage(s)
- View
- West
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage, Detached Garage, Garage Door Opener
Lot & Land
- Road Surface
- Township
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Gallery of Homes
Price History
Reduced $17,000 (1.9%)
- Price reduced to $875,700 — Aug 27, 2026
- Price reduced to $873,700 — Sep 3, 2026
- Price reduced to $868,700 — Sep 10, 2026
- Price reduced to $863,700 — Sep 25, 2026
- Price reduced to $858,700 — Oct 8, 2026
50771 Good Oak Loop is listed in Frazee, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 50771 Good Oak Loop
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View Full Listing & PhotosMLS# 7125736 · Data refreshed October 8, 2026
Similar Homes for Sale Near 50771 Good Oak Loop, Frazee, MN
Frequently Asked Questions About 50771 Good Oak Loop
- Is $858,700 a good price for a home in Frazee?
- According to BuyPulse, 50771 Good Oak Loop rates Premium Pricing — at $216/sqft it's priced 16% above the typical Frazee single-family home of $186/sqft. Powered by the Realgorithm™. Browse Frazee homes for sale to compare.
- Does 50771 Good Oak Loop have a basement?
- Yes, 50771 Good Oak Loop has a finished basement with 1,792 sq ft of below-grade space.
- What type of heating and cooling does 50771 Good Oak Loop have?
- 50771 Good Oak Loop has Baseboard, Forced Air, Fireplace(s) heating and Central Air cooling.
- Where is 50771 Good Oak Loop located?
- 50771 Good Oak Loop is in the Oak Ridge Estates neighborhood of Frazee, MN 56544, in Otter Tail County.
- Is 50771 Good Oak Loop still available?
- Yes — 50771 Good Oak Loop is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 50771 Good Oak Loop built?
- 50771 Good Oak Loop was built in 1997. It features frame construction, an asphalt roof, and a other foundation.
- Does 50771 Good Oak Loop have main-floor laundry?
- Yes — the laundry at 50771 Good Oak Loop is on the main level.
- How walkable is 50771 Good Oak Loop?
- 50771 Good Oak Loop has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 20/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 50771 Good Oak Loop are for sale in Frazee?
- 5 similar homes (single-family homes between $644K and $1.1M 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 10/13/2026, 6:31 AM CDT. 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.