Beautifully Updated Year-Round Lake Home on Little Toad Lake! Tucked away on peaceful Meadow Bay, this charming property offers the perfect blend of modern updates and cozy lake living. Enjoy mornings on the covered front porch or take in the stunning lake views from the spacious deck. Inside, the home features refinished ceiling beams, a fully remodeled kitchen with brand-new cabinets, counters & appliances, as well as durable vinyl plank flooring throughout along with new lakeside upper and lower patio doors and windows.
With 3 bedrooms, additional living space in the walkout basement, and a patio area perfect for entertaining, there's room for everyone to spread out and relax. The oversized 2-stall garage offers even more flexibility with space above ready to finish into a bunkhouse, guest suite or extra storage. Whether you're seeking a year-round residence or a peaceful lakeside retreat, this beautifully updated home checks every box! See documents for list of updated features. This property includes 2 parcels and has 180’ of lake frontage so there is plenty of room to roam. Nice level area to enjoy campfires by the lake, the perfect spot to relax & escape!! Schedule your showing today!!
Closed
$451,000
40172 Meadow Bay, Frazee, MN 56544
3beds
672sqft
Single Family Residence
Built in 1981
0.68 Acres Lot
$457,000 Zestimate®
$671/sqft
$1,210 Estimated rent
Home value
$457,000
Estimated sales range
Not available
$1,210/mo
Zestimate® history
Owner options
List your home for rent
$1,210/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,210/mo
Rent Zestimate®
Refinance and save
$2,678/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,678/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Vinyl plank flooringCovered front porchStunning lake viewsRefinished ceiling beamsRemodeled kitchenWalkout basement
Zillow last checked:
Listing updated:
Listed by:
Michelle Borud 701-491-0296,
Beyond Realty
Bought with:
Meggen Sande
Greenberg Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6709720
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- 3/4 bathrooms: 1
Bedroom
- Level: Main
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Bathroom
- Level: Main
Deck
- Level: Main
Dining room
- Level: Main
Family room
- Level: Basement
Kitchen
- Level: Main
Living room
- Level: Main
Porch
- Level: Main
Utility room
- Level: Basement
Heating
- Forced Air, Wood Stove
Cooling
- Window Unit(s)
Appliances
- Included: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned
Features
- Basement: Block,Partially Finished,Storage Space,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 672
- Total interior livable area: 672 sqft
- Finished area above ground: 672
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage, Garage Door Opener, Storage
- Garage spaces: 2
- Has uncovered spaces: Yes
- Details: Garage Dimensions (28 x 30)
Accessibility
- Accessibility features: None
Features
- Levels: One and One Half
- Stories: 1
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Front, Waterfront Elevation(15-26), Lake Bottom(Hard, Sand)
- Frontage length: Water Frontage: 180
Lot
- Size: 0.68 Acres
- Dimensions: 180 x 200 x 150 x 166
- Features: Tree Coverage - Medium
Details
- Foundation area: 672
- Parcel number: 150462000
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Electric: 200+ Amp Service
- Gas: Propane
- Sewer: Private Sewer, Tank with Drainage Field
- Water: 4-Inch Submersible, Private, Well
Community & neighborhood
Location
- Region: Frazee
- Subdivision: Meadow Bay Point 1st Add
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2025 | Sold | $451,000-4%$671/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6709720 Report a problem | ||
| 6/18/2025 | Pending sale | $470,000$699/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6709720 Report a problem | ||
| 5/2/2025 | Listed for sale | $470,000+67.9%$699/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6709720 Report a problem | ||
| 7/19/2021 | Sold | $280,000+3.7%$417/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6064957 Report a problem | ||
| 5/25/2021 | Listed for sale | $270,000$402/sqft |
Source: MWMMLS #20-33774 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,498 -1.7% | $234,900 -6.7% |
| 2024 | $1,524 -2.9% | $251,800 +3% |
| 2023 | $1,570 +17.9% | $244,400 +11.1% |
| 2022 | $1,332 +9.7% | $220,000 +35.9% |
| 2021 | $1,214 -6.8% | $161,900 +1.1% |
| 2020 | $1,302 +0.2% | $160,200 -0.7% |
| 2019 | $1,300 | $161,300 +3.4% |
| 2018 | $1,300 +7.8% | $156,000 +17.8% |
| 2017 | $1,206 -7.1% | $132,400 -4.4% |
| 2016 | $1,298 -2.1% | $138,500 +1.5% |
| 2015 | $1,326 +0.5% | $136,500 -9.6% |
| 2014 | $1,320 | $151,000 |
Find assessor info on the county website
Neighborhood: 56544
Nearby schools
GreatSchools rating
- 8/10Frazee Elementary SchoolGrades: PK-6Distance: 9.6 mi
- 6/10Frazee SecondaryGrades: 7-12Distance: 9.8 mi
Schools provided by the listing agent
- High: Frazee-Vergas
Source: NorthstarMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Minnesota
- Becker County
- Frazee
- 56544
- 40172 Meadow Bay
Nearby cities
Nearby zip codes
Other Frazee Topics
