405 E Lake Street, Osakis, MN 56360
4 Beds | 4 Baths | 2,280 Sq Ft | Single Family Home | MLS# 7141388Lakefront on Lake Osakis · 6,389 acres · 73 ft deep
Price Drop on M Markdowns — was $550,000 (↓ $50,001)
$3,065/month Estimated
- Principal & interest
- $2,528
- Property taxes
- $245
- Home insurance (est.)
- $292
- HOA dues
- None
20% down ($100,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Clarks Add, Osakis, MN.
About This Home
A Lake Osakis Beauty! Well maintained Victorian home with character just became available on Lake Osakis! This distinctive property offers a wonderful blend of timeless elegance, peaceful surroundings, spacious living, and the convenience of being within walking distance of downtown Osakis. Featuring 4 bedrooms and 4 bathrooms, this thoughtfully designed home offers an abundance of living space and functionality. The kitchen is sure to delight any gourmet cook and flows seamlessly into the formal dining area, making entertaining family and friends a pleasure. The large living room provides a comfortable gathering space, while the main-level bathroom and laundry add everyday convenience. Upstairs, you’ll find three generously sized bedrooms, each offering ample closet space—a rare and highly desirable feature for a home of this era. Additional rooms throughout the home provide plenty of space for hobbies, an office, guests, and storage. The lower level further expands the home's versatility with an additional bedroom featuring an egress window, bathroom, laundry area, and abundant storage space. One of the home's most charming features is its magnificent front porch, the perfect place to relax with your morning coffee, visit with neighbors, or simply enjoy the character and charm of this beloved Osakis neighborhood. A double car garage provides convenient parking and valuable protection from Minnesota's winter weather. And what truly sets this property apart is it comes with Lake shore. Take a leisurely stroll down to the lake, relax on the patio, enjoy your morning coffee, or cast a line and spend a peaceful afternoon fishing. This is a truly special opportunity to own a distinctive and spacious home with Lake Osakis shoreline, abundant living space, a wonderful neighborhood setting, and convenient access to downtown Osakis. A property with this combination of character, and location is a rare find!
BuyPulse · Live market read
How 405 E Lake Street Compares to the Osakis Market
At $219/sqft, this home is priced $1/sqft below the typical Osakis single-family home of $220/sqft.
The median list price in Osakis is $319,950.
Verdict: Fair Market Value
Homes like this one — single-family homes between $375K and $625K in Osakis:
- The field: 6 similar Osakis homes for sale — a short list right now.
- Price cuts: 2 of 6 similar homes have trimmed asking. This one already cut $50,001.
- 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 Osakis closings, zero guesses · NorthstarMLS
Key Features
- Built
- 1916
- Garage
- 2-Car Detached
- Style
- Two
- HOA
- None
- Annual Taxes
- $2,938 (2026)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 1,584
- Below Grade Sq Ft
- 696
- Lot Size
- 0.02 acres
- Basement
- Yes
- Roof
- Asphalt
- County
- Douglas
- List Date
- 2026-09-11
- Days on Market
- 46 days
- Parcel ID
- 930196000
Financial
- Total Tax incl. Assessments
- $2,938
Home Systems & Utilities
- Heating
- Baseboard, Forced Air
- Cooling
- Central Air
- Electric
- 200+ Amp Service
- Water
- City Water/Connected
- Sewer
- City Sewer/Connected
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Interior Features
- Laundry
- Lower Level, Main Level
Construction & Exterior
Construction & Structure
- Foundation Type
- Brick/Mortar
- Foundation Area
- 888 sqft
- Total Building Area
- 2,280 sqft
Exterior Features
- Exterior Features
- Aluminum Siding
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage, Asphalt
Lot & Land
- Lot Features
- Accessible Shoreline
- Road Surface
- City Street
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
- Lake
- Osakis
- Lake Acres
- 6389.37 acres
- Lake Depth
- 73 ft
Agent & Office
- List Office
- Randy Fischer Real Estate, Inc
Price History
- Price reduced to $499,999 — Sep 28, 2026
405 E Lake Street is listed in Osakis, MN, part of Douglas County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 405 E Lake Street
Associate Broker · Modern Market REALTORS®
Your Osakis real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Randy Fischer Real Estate, Inc · Shown by Modern Market REALTORS®
Buying a home in Osakis? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7141388 · Updated October 3, 2026
Similar Homes for Sale Near 405 E Lake Street, Osakis, MN
Frequently Asked Questions About 405 E Lake Street
- Is $499,999 a good price for a home in Osakis?
- According to BuyPulse, 405 E Lake Street rates Fair Market Value — at $219/sqft it's priced right at the typical Osakis single-family home of $220/sqft. Powered by the Realgorithm™. Browse Osakis homes for sale to compare.
- Does 405 E Lake Street have a basement?
- Yes, 405 E Lake Street has a finished basement with 696 sq ft of below-grade space.
- What type of heating and cooling does 405 E Lake Street have?
- 405 E Lake Street has Baseboard, Forced Air heating and Central Air cooling.
- Where is 405 E Lake Street located?
- 405 E Lake Street is in the Clarks neighborhood of Osakis, MN 56360, in Douglas County.
- Is 405 E Lake Street still available?
- Yes — 405 E Lake Street is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 405 E Lake Street built?
- 405 E Lake Street was built in 1916. It features an asphalt roof and a brick/mortar foundation.
- Does 405 E Lake Street have main-floor laundry?
- Yes — the laundry at 405 E Lake Street is on the main level.
- How many homes like 405 E Lake Street are for sale in Osakis?
- 6 similar homes (single-family homes between $375K and $625K in Osakis) 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 Osakis area.
Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/27/2026, 8:49 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.
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