1930 single family home for sale at 31397 State Highway 113 in Waubun, MN — 2 bed, 1 bath (photo 1 of 32)

31397 State Highway 113, Waubun, MN 56589

Single Family Home for Sale in Waubun, MN Lakefront on Tulaby Lake · 832 acres · 43 ft deep 2 Beds | 1 Bath | 704 Sq Ft

$339,900

$2,240/month Estimated

Principal & interest
$1,853
Property taxes
$183
Home insurance (est.)
$198
Special assessments
$6
HOA dues
None

20% down ($67,980) · 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.

Waubun, MN Active

About This Home

LAKEFRONT OPPORTUNITY — PRICED $25,100 BELOW OCTOBER 2026 APPRAISED VALUE! Enjoy the charm of lakeside living in this cozy 704 sq ft year-round cabin featuring approximately 190 feet of lake frontage on beautiful Tulaby Lake! Set on nearly an acre parcel with a wooded area to the east, this property offers a peaceful setting for your own lake retreat. The inviting interior showcases tongue-and-groove finishes throughout, a full kitchen with dining area flowing into the living space, 2 bedrooms and 1 bath. A wood stove adds warmth and rustic cabin charm for crisp fall evenings after a day of fishing, hunting, or snowmobiling. Step outside to a lakefront deck overlooking the water, with a storage shed for your recreational gear. A wonderful opportunity to own a lakefront getaway and create lasting memories for years to come!

BuyPulse · Live market read

How 31397 State Highway 113 Compares to the Waubun Market

At $483/sqft, this home is priced $192/sqft above the typical Waubun single-family home of $291/sqft.

The median list price in Waubun is $329,900.

Verdict: Premium Pricing

Homes like this one — single-family homes between $255K and $425K in Waubun:

  • The field: 3 similar Waubun homes for sale — a short list right now.
  • Price cuts: none of the 3 similar homes have trimmed asking yet. 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 Waubun closings, zero guesses · NorthstarMLS

Key Features

Built
1930
Style
One
HOA
None
Annual Taxes
$2,192 (2026)
Specials/yr
$74

Property Details

Property Type
Single Family
Above Grade Sq Ft
704
Lot Size
38,300 sqft
Basement
No
Construction
Concrete, Frame
County
Mahnomen
List Date
2026-10-29
Days on Market
14 days
Parcel ID
100340500

Financial

Total Tax incl. Assessments
$2,266
Specials Pending
No

Home Systems & Utilities

Heating
Baseboard, Wood Stove
Cooling
Wall Unit(s)
Water
Private, Shared System, Well
Sewer
Holding Tank, Private Sewer
Appliances
Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator

Interior Features

Laundry
Laundry Closet, Main Level

Construction & Exterior

Construction & Structure

Foundation Type
Combination, Slab
Foundation Area
704 sqft
Total Building Area
704 sqft

Exterior Features

Exterior Features
Vinyl
Other Structures
Storage Shed
View
Lake, South
Accessibility Features
None

Parking & Garage

Parking Features
Driveway - Other Surface

Lot & Land

Lot Features
Accessible Shoreline, Tree Coverage - Medium
Road Surface
County Road
Zoning Description
Residential-Single Family

Waterfront

Waterfront
Yes
Lake
Tulaby
Lake Acres
832.07 acres
Lake Depth
43 ft

Agent & Office

List Office
REALTY XPERTS

Price History

Listed at $339,900 on Oct 29, 2026 — No price changes

31397 State Highway 113 is listed in Waubun, MN, part of Mahnomen County. Browse all Minnesota homes for sale on Modern Market REALTORS®.

Showing — 31397 State Highway 113

Shannon Barnum

Associate Broker · Modern Market REALTORS®

Your Waubun real estate expert since 2012 — I represent you, not the seller. Quick to respond, easy to text.

Listed by REALTY XPERTS · Shown by Modern Market REALTORS®

Schedule a Home Tour View Full Listing & Photos

MLS# 7165505 · Updated November 12, 2026

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Frequently Asked Questions About 31397 State Highway 113

Is $339,900 a good price for a home in Waubun?
According to BuyPulse, 31397 State Highway 113 rates Premium Pricing — at $483/sqft it's priced 66% above the typical Waubun single-family home of $291/sqft. Powered by the Realgorithm™. Browse Waubun homes for sale to compare.
What are the special assessments at 31397 State Highway 113 — and what do they mean?
This property has $74/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 $2,192/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 31397 State Highway 113 have?
31397 State Highway 113 has Baseboard, Wood Stove heating and Wall Unit(s) cooling.
Where is 31397 State Highway 113 located?
31397 State Highway 113 is in Waubun, MN 56589, in Mahnomen County.
Is 31397 State Highway 113 still available?
Yes — 31397 State Highway 113 is currently listed as Active on the MLS and accepting showings. Contact us to schedule a tour or make an offer.
When was 31397 State Highway 113 built?
31397 State Highway 113 was built in 1930. It features concrete, frame construction and a combination, slab foundation.
Does 31397 State Highway 113 have main-floor laundry?
Yes — the laundry at 31397 State Highway 113 is on the main level.
How many homes like 31397 State Highway 113 are for sale in Waubun?
3 similar homes (single-family homes between $255K and $425K in Waubun) are for sale right now — a short list right now.
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 Waubun area.

MLS GRID Listings courtesy of NorthstarMLS as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 11/12/2026, 1:29 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.