32331 Loon Drive, Vergas, MN 56587
3 Beds | 4 Baths | 3,020 Sq Ft | Single Family Home | MLS# 7043985
M Markdowns — Price Reduced — was $945,000 (↓ $10,000)
Is 32331 Loon Drive a Good Deal?
BuyPulse Verdict
Premium Pricing
At $310/sqft — This home is priced 30% above the typical Vergas single-family home of $239/sqft.
Powered by the Realgorithm™ — 17 active Vergas listings · NorthstarMLS
$5,738/month Estimated
- Principal & interest
- $4,728
- Property taxes
- $465
- Home insurance (est.)
- $545
- HOA dues
- None
20% down ($187,000) · 30-yr fixed, 6.5% · Can I afford this home?
Estimates only; confirm before you offer.
Located in Auditors Sub, Vergas, MN.
About This Home
A RARE OPPORTUNITY! This 3 bdrm, 4 bath home is situated on a 2.5 acre lot w/530+ ft of shoreline located on a PRIVATE PENINSULA-LOON LAKE NEAR VERGAS. The home features a rustic, vaulted living area w/ many windows - capturing incredible views; spacious formal dining w/patio doors lakeside; combo kitchen w/custom built cabinets, island and informal dining w/patio door to lakeside deck; Main floor master & guest bedroom offer fabulous views. Home is designed for entertaining and large family events. Enjoy the comfort of the lower level walkout w/family room, bar area & billiard area along w/ 3rd bedroom, bath & mechanical room. Property includes a 3 stall garage, 2 storage sheds - all framed w/ beautiful trees & perennials. Loon Lake has many bays and great structure with 17 miles of shoreline and the deepest point of 105 ft - GREAT FISHING. Call now for your private showing of this fabulous offering!! SELLERS WILL ENTERTAIN ANY AND ALL REASONABLE OFFERS!!!
BuyPulse™ — Live Market Read
Homes like this one — single-family homes between $701K and $1.2M in Vergas:
- The field: 3 similar Vergas homes for sale — a short list right now.
Powered by the Realgorithm™ — real Vergas closings, zero guesses · NorthstarMLS
Key Features
- Built
- 2001
- Garage
- 3-Car Detached
- Style
- One
- HOA
- None
- Annual Taxes
- $5,584 (2025)
Property Details
- Property Type
- Single Family
- Above Grade Sq Ft
- 2,000
- Below Grade Sq Ft
- 1,020
- Lot Size
- 2.5 acres
- Basement
- Yes
- Construction
- Frame
- County
- Otter Tail
- List Date
- 2026-03-27
- Days on Market
- 200 days
- Parcel ID
- 08000990478000
Home Systems & Utilities
- Heating
- Baseboard, Forced Air
- Cooling
- Central Air
- Electric
- 200+ Amp Service
- Water
- 4-Inch Submersible
- Sewer
- Septic System Compliant - Yes
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Interior Features
- Laundry
- Laundry Closet
- Fireplace
- 1 fireplace
Construction & Exterior
Construction & Structure
- Foundation Type
- 8 ft+ Pour
- Foundation Area
- 2,000 sqft
- Total Building Area
- 3,020 sqft
Exterior Features
- Exterior Features
- Cedar
- Other Structures
- Other, Storage Shed
- View
- South
- Accessibility Features
- None
Parking & Garage
- Parking Features
- Detached Garage
Lot & Land
- Road Surface
- Private Road
- Zoning Description
- Residential-Single Family
Waterfront
- Waterfront
- Yes
Agent & Office
- List Office
- Coldwell Banker At The Lakes
Price History
Reduced $10,000 (1.1%)
- Price reduced to $945,000 — May 25, 2026
- Price reduced to $935,000 — Jul 16, 2026
32331 Loon Drive is listed in Vergas, MN, part of Otter Tail County. Browse all Minnesota homes for sale on Modern Market REALTORS®.
Showing — 32331 Loon Drive
Associate Broker · Modern Market REALTORS®
Your Vergas real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.
Listed by Coldwell Banker At The Lakes · Shown by Modern Market REALTORS®
Buying a home in Vergas? — dedicated buyer representation from pre-approval through closing.
View Full Listing & PhotosMLS# 7043985 · Data refreshed July 18, 2026
Similar Homes for Sale Near 32331 Loon Drive, Vergas, MN
Frequently Asked Questions About 32331 Loon Drive
- Is $935,000 a good price for a home in Vergas?
- According to BuyPulse, 32331 Loon Drive rates Premium Pricing — at $310/sqft it's priced 30% above the typical Vergas single-family home of $239/sqft. Powered by the Realgorithm™. Browse Vergas homes for sale to compare.
- Does 32331 Loon Drive have a basement?
- Yes, 32331 Loon Drive has a basement with 1,020 sq ft of below-grade space.
- What type of heating and cooling does 32331 Loon Drive have?
- 32331 Loon Drive has Baseboard, Forced Air heating and Central Air cooling.
- Where is 32331 Loon Drive located?
- 32331 Loon Drive is in the Auditors neighborhood of Vergas, MN 56587, in Otter Tail County.
- Is 32331 Loon Drive still available?
- Yes — 32331 Loon Drive is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
- When was 32331 Loon Drive built?
- 32331 Loon Drive was built in 2001. It features frame construction and a 8 ft+ pour foundation.
- How many homes like 32331 Loon Drive are for sale in Vergas?
- 3 similar homes (single-family homes between $701K and $1.2M in Vergas) 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
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Listings courtesy of NorthstarMLS as distributed by MLS GRID
Based on information submitted to the MLS GRID as of 10/13/2026, 9:31 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.
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