50791 E Lake Seven Road, Frazee, MN 56544
Just Listed on M Premiere — listed October 16, 2026
4 Beds | 3 Baths | 2,806 Sq Ft | Single Family Home | MLS# 7159046
$5,359/month Estimated
- Principal & interest
- $4,293
- Property taxes
- $564
- Home insurance (est.)
- $495
- Special assessments
- $7
- HOA dues
- None
20% down ($169,800) · 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 Jerry-Marg Beach 5th Add, Frazee, MN.
About This Home
BEAUTIFUL LAKE SEVEN RETREAT WITH 150' OF SHORELINE! Enjoy lake living at it's finest in this 4 bedroom 3 bath home on the east side. Set on over an acre , this property offers incredible lake views, stunning sunsets and plenty of room to relax and entertain. The kitchen features granite countertops, large island, stainless steel appliances & corner fireplace while the inviting living/dining area showcases two electric fireplaces, vaulted wood ceiling and plenty of lakeside glass. Two of the bedrooms offer private baths for added comfort and privacy. Step outside to the lakeside deck, complete with a gazebo and hot tub and take in those unforgettable sunsets. Additional amenities include a seasonable bunkhouse with bathroom, carport, heated two-stall garage/game room and a lakeside water toy shed. Enjoy the swimming and fishing with a "Pier Pleasure" dock system and cedar platform lakeside Whether you are looking for a year-round home, a lake getaway or a property with potential for VRBO or Airbnb rental income, this exceptional property offers a wonderful opportunity to enjoy lake life!
BuyPulse · Live market read
Is 50791 E Lake Seven Road a Good Deal?
At $303/sqft, this home is priced $108/sqft above the typical Frazee single-family home of $195/sqft.
The median list price in Frazee is $454,950.
Verdict: Premium Pricing
Homes like this one — single-family homes between $637K and $1.1M in Frazee:
- The field: 6 similar Frazee homes for sale — a short list right now.
- Price cuts: 5 of 6 similar homes have trimmed asking — median trim $30,000. This one hasn't budged.
- Too few have sold recently to chart how fast they go or how they close — BuyPulse won't estimate those off a thin sample.
Powered by the Realgorithm™ — real Frazee closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1970
- Garage
- 2-Car Detached
- Style
- Two
- HOA
- None
- Annual Taxes
- $6,765 (2026)
- Specials/yr
- $85
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 2,806
- Lot Size
- 1.19 acres
- Basement
- No
- Roof
- Metal
- Construction
- Frame
- County
- Otter Tail
- List Date
- 2026-10-16
- Days on Market
- 1 day
- Parcel ID
- 32000990542000
Financial
- Total Tax incl. Assessments
- $6,850
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Baseboard, Boiler, Ductless Mini-Split, Forced Air, Fireplace(s), In-Floor Heating
- Cooling
- Ductless Mini-Split
- Electric
- Circuit Breakers
- Water
- 4-Inch Submersible, Drilled, Private
- Sewer
- Private Sewer, Septic System Compliant - Yes, Tank with Drainage Field
- Appliances
- Cooktop, Dishwasher, Dryer, Electric Water Heater, Fuel Tank - Rented, Microwave, Range, Refrigerator, Stainless Steel Appliances, Trash Compactor, Washer, Water Softener Owned, Wine Cooler
Interior Features
- Laundry
- In Hall, Laundry Closet, Main Level
- Fireplace
- 3 fireplaces
Construction & Exterior
Construction & Structure
- Foundation Type
- Slab
- Foundation Area
- 1,894 sqft
- Total Building Area
- 2,806 sqft
Exterior Features
- Exterior Features
- Vinyl
- Other Structures
- Bunk House, Gazebo, Hot Tub, Storage Shed
- View
- Lake, West
- Accessibility Features
- None
Parking & Garage
- Carport Spaces
- 1
- Parking Features
- Carport, Detached Garage, Asphalt
Lot & Land
- Lot Features
- Tree Coverage - Medium
- Road Surface
- Township, Unpaved Streets
- Zoning Description
- Shoreline
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- New Horizons Realty Of Perham
Price History
Listed at $849,000 on Oct 16, 2026 — No price changes
50791 E Lake Seven Road is listed in Frazee, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 50791 E Lake Seven Road
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Listed by New Horizons Realty Of Perham · Shown by Modern Market REALTORS®
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View Full Listing & PhotosMLS# 7159046 · Data refreshed October 16, 2026
Similar Homes for Sale Near 50791 E Lake Seven Road, Frazee, MN
Frequently Asked Questions About 50791 E Lake Seven Road
- Is $849,000 a good price for a home in Frazee?
- According to BuyPulse, 50791 E Lake Seven Road rates Premium Pricing — at $303/sqft it's priced 55% above the typical Frazee single-family home of $195/sqft. Powered by the Realgorithm™. Browse Frazee homes for sale to compare.
- What are the special assessments at 50791 E Lake Seven Road — and what do they mean?
- This property has $85/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 $6,765/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.
- What type of heating and cooling does 50791 E Lake Seven Road have?
- 50791 E Lake Seven Road has Baseboard, Boiler, Ductless Mini-Split, Forced Air, Fireplace(s), In-Floor Heating and Ductless Mini-Split cooling.
- Where is 50791 E Lake Seven Road located?
- 50791 E Lake Seven Road is in the Jerry-marg Beach neighborhood of Frazee, MN 56544, in Otter Tail County.
- Is 50791 E Lake Seven Road still available?
- Yes — 50791 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 50791 E Lake Seven Road built?
- 50791 E Lake Seven Road was built in 1970. It features frame construction, a metal roof, and a slab foundation.
- Does 50791 E Lake Seven Road have main-floor laundry?
- Yes — the laundry at 50791 E Lake Seven Road is on the main level.
- How walkable is 50791 E Lake Seven Road?
- 50791 E Lake Seven Road has a Walk Score of 0/100 (Car-Dependent) and a Bike Score of 14/100 (Minimal Bike Infrastructure). Scores provided by Walk Score® →
- How many homes like 50791 E Lake Seven Road are for sale in Frazee?
- 6 similar homes (single-family homes between $637K and $1.1M in Frazee) are for sale right now — a short list right now.
- What does "M Premiere" mean?
- M Premiere™ is Modern Market REALTORS®’ early-access tracker for homes entering NorthstarMLS during the critical first 96 hours on market. Well-priced homes in Fargo-Moorhead frequently receive their strongest buyer attention in that opening window. M Premiere surfaces new inventory the moment it lists — so buyers can act before a home becomes widely discovered.
- 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 10/17/2026, 6:09 PM 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.