$259,000

502 Lake St Frazee, MN 56544

$3,076
Closing credit¹
3 beds
1 full
2,203 sqft
$118 / sqft
House

Property details

About 502 Lake St

Welcome to Lake Street Lodge! Located in Frazee only two blocks from the town lake beach and main street Frazee. 3 Bedroom (with bonus room), 1.5 story homestead remodeled and renovated. This beautiful property was set to be a VRBO or a family homestead. Where traditional meets contemporary, boasting original hardwood floors, walk in tile shower, large entry way and large bay window area, wrap around deck, 3 stall garage, large lot, and nice landscaping. Newer stainless steel appliances, gas range, gas water heater, natural gas forced air furnace, and and updates. Sellers would consider furnished sale option as well. This property is located along the heartland trail, and has a newer sidewalk and driveway slope area.

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size2,203 sqft
BasementYes
Year built1896
ParkingDetached
MLS #6734176
Garage3 spaces

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Dryer, Exhaust Fan, Gas Water Heater, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: Yes
  • Total Bedroom Count: 3
  • Garage Space: 3 spaces
  • Attached Garage: No
  • Parking: Detached
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $259,000
  • Price/SqFt: $117
  • HOA Amount: $0
  • Directions: From the gas station in Frazee head West on Lake St S towards town lake to the property on the left side.
  • Year Built: 1896
  • Living Area: 2,203 SqFt
  • MLS Number: 6734176
  • MLS Name: NORTHSTAR
  • Office Name: Counselor Realty Detroit Lakes

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502 Lake St, Frazee, MN 56544 - view from above of property

$259,000

502 Lake St

$3,076

closing credit¹

Sell your home with Rocket and save even more!

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0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

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Nearby schools

6

Frazee Elementary School

Public District PK-6

0.6 mi

Hickory Ave

4

Roosevelt Elementary School

Public District PK-5

9.1 mi

510 11th Ave

6

Rossman Elementary School

Public District PK-5

9.1 mi

1221 Rossman Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $39,919. Residents of Frazee, MN typically earn less than $<35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

45%
<35k
44%
35k-100k
9%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

40%
Single, No Kids
14%
Single, with Kids
28%
Married, No Kids
18%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
35%
35-64 yrs old
18%
65+ yrs old

What do the neighbors do for fun?

  • Monster TrucksMonster Trucks
  • HuntingHunting
  • NASCARNASCAR

Where do the neighbors shop?

  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Bass Pro ShopsBass Pro Shops

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • ChevroletChevrolet
  • RamRam
  • GMCGMC

What do the neighbors listen to?

  • CountryCountry
  • Classic CountryClassic Country
  • New CountryNew Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 502 Lake St

The listing price of 502 Lake St property is $259,000.

The property 502 Lake St is a house located in Frazee, Minnesota, 56544.

Active Listing: 502 Lake St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 502 Lake St are: Frazee Elementary School (GreatSchools Rating 6/10), Roosevelt Elementary School (GreatSchools Rating 4/10), Rossman Elementary School (GreatSchools Rating 6/10), Detroit Lakes Middle School (GreatSchools Rating 5/10), Prairie Wind Middle School (GreatSchools Rating 5/10), Pine Point Elementary School (GreatSchools Rating 4/10), Frazee Secondary School (GreatSchools Rating 5/10), Detroit Lakes Senior High School (GreatSchools Rating 7/10), Detroit Lakes Area Learning Center (GreatSchools Rating 2/10).

The property at 502 Lake St has 3 bedrooms and 2 bathrooms.

The property 502 Lake St is 2,203 SqFt (source: MLS/tax record).

The year of construction for 502 Lake St is 1896.

This home is located at 502 Lake St in Frazee, MN and zip code 56544. This 2,203 square foot home was built in 1896. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 7, 2025 and is currently priced at $259,000.

While more than 1 listings in Frazee, MN in May 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 1 were sold below. Between April and May 2025, Frazee, MN real estate market has seen increase in the number of listings by 23.8%. While the average time on the market in May 2025 was 12 days, the median list price was $315,000.

From Rocket Homes Real Estate and based on county public records data.

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