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49307 368th Ave, Frazee, MN 56544
49307 368th Ave, Frazee, MN 56544
Sold for $730,000
49307 368th Ave, Frazee, MN 56544
Sold for $730,000
49307 368th Ave, Frazee, MN 56544
49307 368th Ave, Frazee, MN 56544
49307 368th Ave, Frazee, MN 56544
49307 368th Ave, Frazee, MN 56544

49307 368th Ave Frazee, MN 56544

$730,000

CLOSED
Beds
3
Baths
2
Sqft
2,550
Acres
3.098
Year
2022
Close Date
Aug 24, 2026
Property Type
Residential
Sub Type
Single Family
Per Square Foot
$286
Date Listed
Feb 16, 2026

Description of 49307 368th Ave, Frazee, MN 56544

Listing details for 49307 368th Ave, Frazee, MN 56544 : Situated on approximately 3.1 acres with +/-297 feet of shoreline on Rose Lake in Otter Tail County, this exceptional lakefront property offers a rare blend of privacy, modern living, and functional shop space in the heart of Minnesota’s Lakes Country. Built in 2022, the thoughtfully designed shop/house sits on a heavily wooded, gently sloping lot filled with mature hardwoods, delivering peaceful surroundings and stunning west-facing sunset views over the lake. In addition to personal enjoyment, the property has demonstrated rental potential, with prior short-term rental history reported at approximately $500 per night with a four-night minimum stay, offering flexibility for owners seeking occasional income when not in personal use. The 40’ x 60’ Shouse was constructed with both comfort and practicality in mind, featuring 18-foot sidewalls and two levels of finished living space totaling roughly 2,550 square feet. The main level offers approximately 1,500 square feet highlighted by an open-concept living, dining, and kitchen area with vaulted ceilings, abundant natural light, and beautiful lake views. Modern finishes are found throughout, including solid surface quartz countertops, custom cabinetry, LG appliances, luxury vinyl plank flooring, and commercial-grade energy-efficient windows and doors. A wood-burning fireplace anchors the living space, creating a warm and inviting gathering area year-round. The main level also includes a spacious master suite with a large walk-in closet, a large mudroom and laundry area with built-in cabinetry, and excellent pantry and storage space. Upstairs, an additional 1,050 square feet provides more living quarters along with a bonus room that could easily function as a fourth bedroom. Noise-reducing insulation between floors, spray foam insulation, in-floor heat, a tankless water heater, reverse osmosis water system, and high-speed internet make this home extremely comfortable and energy efficient for full-time living or seasonal enjoyment. Connected shop space measuring approximately 20’ x 22’ with a 14-foot overhead door offers ideal storage for lake toys, equipment, or vehicles and can also serve as additional entertaining or flexible-use space. Outside, a maintenance-free lakeside deck overlooks the water, while a concrete walkway surrounds the home for ease of access. The sale includes an outdoor spa, patio furniture, game table, a large dock system with seating, and custom-built steps leading to the shoreline. A cleared area on the property offers excellent potential for an additional pole barn, camper parking, or even a future guest cabin. The included WOAS permit also allows the owner to construct a small non-residential accessory building closer to the lake, such as a boathouse, sauna, or storage shed, adding further value and flexibility. Rose Lake itself spans roughly 1,200 acres with nearly ten miles of shoreline, clean clear water, and excellent fishing opportunities for walleye, bass, pike, crappie, and panfish. Boat-up access to local dining at Spanky’s Stonehearth adds to the recreational appeal. The property is centrally located between Detroit Lakes and Perham, with Frazee and Vergas just minutes away. Nearby attractions include Detroit Mountain Recreation Area, championship golf courses, boutique shopping, fantastic dining options, Maplewood State Park, and extensive hiking, biking, ATV, and public hunting opportunities, providing four-season recreation right outside your door. Whether you are seeking a full-time residence, family lake retreat, or a recreational basecamp with modern conveniences and flexible storage space, or a property with established short-term rental history, this Rose Lake offering provides an outstanding opportunity to enjoy everything Minnesota’s Lakes Country has to offer in one beautifully designed and private setting.
Listing Updated : 08-25-2026 at 6:11 AM CDT

Properties displayed may be listed or sold by various participants in the MLS

Source

NorthstarMLS as distributed by MLS GRID, MLS#: 7019138

What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$511K – $852K
Exact number$2,845,000

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What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$511K – $852K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

Property History

DateEventPrice
8/24/2026
Sold
$730,000 -17%
$286/sqft
Source:NorthstarMLS #NST7019138
2/16/2026
Listed for sale
$879,000
$345/sqft
Source:NorthstarMLS #NST7019138

Location of 49307 368th Ave, Frazee, MN 56544

Streetview of 49307 368th Ave, Frazee, MN 56544

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What's this home worth?

National portals guess with an algorithm. We price it from actual closed sales on your street.

Your home value estimate
$511K – $852K
Exact number$2,845,000

Want an exact number? Use an Agent, not an algorithm.

Is this your home?

Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.

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Based on information submitted to the MLS GRID as of 2026-08-25. 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. Some IDX listings have been excluded from this website. By searching NorthstarMLS listings you agree to the NorthstarMLS End User License Agreement
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