38132 N Little Mcdonald Drive
Frazee, MN, 56544 $ 2,295,000
Bedrooms4 Baths3.0 Sq 3,865 Monthly Estimate*
$ 15,851
for $2,295,000 with 4 bedrooms and 3 full baths. This 3,865 square foot home was built in 1984 on a lot size of 1.101.
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!
See more
FeaturesGeneralLiving 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
HOA Fee 0
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 N
Property Type Residential
HOA N
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 N
Land Lease Y/N N
Tax Annual Amount 7070.4
Additional Parcels Y/N N
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
See more
InteriorBasement Finished
Total Fireplaces 1
Fireplace Features Stone Wood Burning
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 2905
Half Baths 0
1/4 Baths 0
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
See more
ExteriorParking 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 Y
Foundation Area 2905
Road Frontage Type Paved Streets
Road Responsibility Public Maintained Road
See more
* Excluded FeaturesList ByReal Estate ResultsBroker
nick@realestateresultsmn.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $15,851
- Monthly Property Taxes
- $589
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbySingle family listings in Frazee, MN
Average List Price $507,373
Percent of Sale Price 78%
About Frazee, MN 1,552 Population
7% Since 2002
$ 54,141 Median Income
39.91 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
3048402 Elementary School
3048384 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/2/2026 | $2,295,000 | -6.33% | Price Down |
| 5/31/2026 | $2,450,000 | | Listed Price |