38132 N Little Mcdonald Drive

Frazee, MN
$ 2,295,000 Beds 4 Baths 3 Sq 3,865
Monthly Estimate* How much can I afford?

Overlooking the iconic Little McDonald Lake, positioned on 150' of premier sandy swimming frontage, this landmark property masterfully blends absolute privacy, luxury, and breathtaking lake views. Premier in every sense, Little McDonald Lake stands as one of Minnesota's most exclusive lakes with little turnover. It's crystal-clear waters offer 30+ feet of pristine clarity, a legendary trophy walleye fishery, and perfect sandy swimming beaches, all framed by an impressive collection of high-end custom homes on large private lots that define this majestic body of water. Thoughtfully designed and extensively remodeled, this lake estate captures the essence of an upscale lake lifestyle while preserving the warmth and character of an authentic lake home. Inside, soaring vaulted ceilings, rich cedar craftsmanship, stunning Tigerwood flooring, and an impressive 20’ stone wood-burning fireplace create a dramatic, yet inviting atmosphere. The gourmet kitchen was designed for entertaining with custom maple cabinetry, exotic granite countertops, premium appliances, a wet bar, and an oversized island overlooking the lake. The spacious primary en-suite wing includes a private office both with stunning lake views, a massive walk-in closet, and a luxurious bathroom. Outdoor living is exceptional with six separate decks and patios, multiple firepit areas, beautifully landscaped grounds, a premium dock system, and private sand beach with outstanding swimming. The highly sought after 48x36 “Garage Mahal” offers over 2,500 finished sq ft with in-floor radiant heat, incredible storage capacity and a 2nd floor ideal for storage, recreation or guest quarters. An attached private lakeside guest wing complete with a kitchen, bedroom and living room with separate entrances provides ideal accommodations for guests or rental income. This really is THE home you've been waiting for, schedule a showing today!

Single Family

  • Price
  • $ 2,295,000
  • City
  • Frazee
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • OTTER TAIL
  • Half Bathrooms
  • 0
  • Area
  • Lenius Beach 1st Add
  • Lot Size
  • 1.101 Acres
  • Zip
  • 56544
  • Sqr Footage
  • 3,865
  • Year Built
  • 1984
  • Taxes
  • $ 7070
  • Style
  • Single Family
  • MLS#
  • 7082596
Listed By: Real Estate Results
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 3865
Sewer Septic System Compliant - Yes,Tank with Drainage Field
Heating Baseboard,Dual Fuel/Off Peak,Forced Air,Fireplace(s),In-Floor Heating
Cooling Ductless Mini-Split
Roof Asphalt
Appliances Cooktop,Dishwasher,Double Oven,Dryer,Electric Water Heater,Freezer,Water Filtration System,Water Osmosis System,Microwave,Refrigerator,Wall Oven,Water Softener Owned
Garage Spaces 4
Construction Materials Frame
Year Built 1984
View East,South,West
Levels One
Property Subtype Single Family
Tax Year 2026
Waterfront Features Lake Front
Accessibility None
County Otter Tail
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Lenius Beach 1st Add
Full Baths 2
Directions Google Maps
City Frazee
High School District Perham-Dent
Zoning Description Shoreline
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 7070.4
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Deck,Dock,Exercise Room,Hardwood Floors,Hot Tub,Kitchen Center Island,Kitchen Window,Primary Bedroom Walk-In Closet,Main Floor Primary Bedroom,Natural Woodwork,Patio,In-Ground Sprinkle
PostalCity Frazee

Interior Features

Basement Finished
Total Fireplaces 1
Fireplace Features Stone,Wood Burning
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 2905
3/4 Baths 1
Laundry Features Laundry Room,Main Level
Total Bedrooms 4
Below Grade Finished Area 960
Total Baths 3
Bath Desc Bathroom Ensuite,Full Primary,Main Floor 3/4 Bath,Separate Tub & Shower
Dining Room Description Informal Dining Room
Foundation Dimensions 2905
Fuel Electric,Oil
Garage Dimensions 48x36
Garage Square Feet 1728
Waterfront Feet 150

Exterior Features

Parking Features Detached Garage,Asphalt,Heated Garage,Insulated Garage
Water Source Drilled
Lot Size Area 1.101
Building Area Total 3865
Lot Dimensions 150x296
Waterfront Y/N Yes
Foundation Area 2905
Road Frontage Type Paved Streets
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/31/2026 Listed $2,450,000
7/2/2026 7% - $2,295,000

Property vs Zip Code Average in 56544

Price
AVG $530K
$2.3M
Taxes
AVG $2,978
$7,070
Year Built
AVG 1976
1984
Visits
AVG 68
66
Data Provided by Inside Real Estate®

38132 N Little Mcdonald Drive Frazee, MN is a Single Family Home for sale at $2295000 with 3865 sqft and a lot size of 1.101 Acres Acre(s). 38132 N Little Mcdonald Drive Frazee has 4 bedrooms, 3 baths and was built in 1984. The property's zip code is 56544 which is in Frazee, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.