51097 E Wymer Lake Road, Frazee, MN 56544
Single Family Home for Sale in Frazee, MN Lakefront on Wimer Lake · 293 acres · 58 ft deep 10 Beds | 6 Baths | 9,424 Sq Ft
Price Reduced — was $779,000 (↓ $80,000) · M Markdowns
$4,708/month Estimated
- Principal & interest
- $3,811
- Property taxes
- $482
- Home insurance (est.)
- $408
- Special assessments
- $7
- HOA dues
- None
20% down ($139,800) · 30-yr fixed, 7.24%
Try our home affordability calculator
Includes special assessments — the FM-metro cost most portals leave out. Estimates only; confirm before you offer.
Located in Karinall, Frazee, MN.
About This Home
Karinall Estate | Wymer Lake 51097 E Wymer Lake Rd, Frazee, MN | ~9,424 Sq Ft | 298’ Private Shoreline Welcome to Karinall Estate, a one-of-a-kind lakefront retreat on the private shores of Wymer Lake. Spanning nearly 9,500 sq ft, this architectural standout is ideal for entertaining, corporate retreats, or multi-generational living. A stunning two-story indoor solarium with a waterfall and live trees anchors the home, complemented by a private Cinema Suite and two expansive Great Rooms with stone fireplaces and panoramic views. With 10 bedrooms, the layout includes a themed Rental Wing (sleeping 20+) and a private 2BR+office/1BA Owner’s Residence above the garage. Set on a rare double lot with 298’ of wooded shoreline, enjoy unmatched privacy, peaceful sunsets, and lakeside entertaining. This proven Airbnb performer is just 15 minutes from Detroit Lakes. Currently ran as the Karinall Estate, check it out online.
BuyPulse · Live market read
How 51097 E Wymer Lake Road Compares to the Frazee Market
At $74/sqft, this home is priced $138/sqft below the typical Frazee single-family home of $212/sqft.
The median list price in Frazee is $429,000.
Verdict: Excellent Value
Homes like this one — single-family homes between $524K and $874K in Frazee:
- The field: 10 similar Frazee homes for sale — you have options.
- Price cuts: 6 of 10 similar homes have trimmed asking — median trim $23,000. This one already cut $80,000.
- 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
- 1960
- Garage
- 4-Car
- Style
- Two
- HOA
- None
- Annual Taxes
- $5,789 (2026)
- Specials/yr
- $85
Neighborhood & Schools
- Neighborhood
- Karinall
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 8,164
- Below Grade Sq Ft
- 1,260
- Lot Size
- 1.297 acres
- Basement
- Yes
- Roof
- Age Over 8 Years
- County
- Otter Tail
- List Date
- 2026-08-13
- Days on Market
- 91 days
- Parcel ID
- 32000990497000
Financial
- Total Tax incl. Assessments
- $5,874
- Specials Pending
- No
Home Systems & Utilities
- Heating
- Baseboard, Forced Air
- Cooling
- Central Air
- Water
- Well
- Sewer
- Private Sewer, Septic System Compliant - No, Septic System Compliant - Yes
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener Rented
Interior Features
- Laundry
- Laundry Room, Main Level
- Fireplace
- 2 fireplaces
Construction & Exterior
Construction & Structure
- Foundation Type
- Combination
- Foundation Area
- 3,804 sqft
- Total Building Area
- 9,424 sqft
Exterior Features
- Exterior Features
- Other, Wood
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Attached Garage, Detached Garage, Gravel
Lot & Land
- Lot Features
- Accessible Shoreline, Irregular Lot, Tree Coverage - Medium
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
- Lake
- Wimer
- Lake Acres
- 292.84 acres
- Lake Depth
- 58 ft
Agent & Office
- List Office
- REMAX Lakes Region
Price History
- Price reduced to $699,000 — Oct 15, 2026
51097 E Wymer Lake Road is listed in Frazee, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 51097 E Wymer Lake Road
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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®
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View Full Listing & PhotosMLS# 7127218 · Updated October 15, 2026
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Frequently Asked Questions About 51097 E Wymer Lake Road
- Is $699,000 a good price for a home in Frazee?
- According to BuyPulse, 51097 E Wymer Lake Road rates Excellent Value — at $74/sqft it's priced 65% below 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 51097 E Wymer Lake 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 $5,789/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 51097 E Wymer Lake Road have a basement?
- Yes, 51097 E Wymer Lake Road has a finished basement with 1,260 sq ft of below-grade space.
- What type of heating and cooling does 51097 E Wymer Lake Road have?
- 51097 E Wymer Lake Road has Baseboard, Forced Air heating and Central Air cooling.
- Where is 51097 E Wymer Lake Road located?
- 51097 E Wymer Lake Road is in the Karinall neighborhood of Frazee, MN 56544, in Otter Tail County.
- Is 51097 E Wymer Lake Road still available?
- Yes — 51097 E Wymer Lake Road is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 51097 E Wymer Lake Road built?
- 51097 E Wymer Lake Road was built in 1960. It features a combination foundation.
- Does 51097 E Wymer Lake Road have main-floor laundry?
- Yes — the laundry at 51097 E Wymer Lake Road is on the main level.
- How many homes like 51097 E Wymer Lake Road are for sale in Frazee?
- 10 similar homes (single-family homes between $524K and $874K in Frazee) are for sale right now — you have options.
- 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 11/12/2026, 1:49 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.