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40172 Meadow Bay

Frazee, MN 56544

3 beds
1 bath
672 sqft
~3/4 acre lot
$699 per sqft
1981 build
– on site

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!!

Listing courtesy of NORTHSTAR / Michelle Borud / Beyond Realty

Last checked: Checking… • Last updated May 7, 2025 •

MLS# 6709720 —

The Building

Year Built:

1981
New Construction:

false
Age Of Property:

44
Construction Materials:

Fiber Board, Log Siding
Roof:

Asphalt
Accessibility Features:

None
Levels:

One and One Half
Main Level Finished Area:

672.0000
Basement:

Block, Partially Finished, Storage Space, Walkout
Basement:

true
Foundation Area:

672
Manufactured Home:

No
Building Area Total:

1344
Above Grade Finished Area:

672

Interior

Dining Room Description:

Informal Dining Room
Fireplace:

false
Amenities:

Deck,Dock,Kitchen Window,Patio,Porch,Vaulted Ceiling(s)

Room Dimensions

Living Area:

672

Location

Latitude:

46.834962
Longitude:

-95.558995

The Property

Parcel Number:

150462000
Zoning Description:

Residential-Single Family
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Attached:

false
Additional Parcels:

false
Lot Features:

Many Trees
Lot Size Area:

0.68
Lot Size Dimensions:

180 x 200 x 150 x 166
Lot Size SqFt:

29620.8
Lot Size Units:

Acres
View:

Lake
Lake Chain:

N
Lake Acres:

434
Lake Depth:

65
Lake Bottom:

Hard,Sand
Water Body Name:

Little Toad
Waterfront Slope:

Steep
Waterfront Feet:

180
Waterfront Elevation:

15-26
Road Between Waterfront and Home:

No
Road Frontage Type:

Township
Water Source:

Submersible - 4 Inch, Private, Well
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

1826
Tax With Assessments:

1886.0000

Beds

Bedrooms Total:

3

Baths

Total Baths:

1
Bath Description:

Main Floor 3/4 Bath
Three Quarter Baths:

1

The Listing

Virtual Tour Unbranded:

Virtual Tour

Heating & Cooling

Heating:

Forced Air, Wood Stove
Cooling:

Window Unit(s)

Utilities

Electric:

200+ Amp Service
Sewer:

Private Sewer, Tank with Drainage Field

Appliances

Appliances:

Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Water Softener Owned

Schools

High School District:

Frazee-Vergas

The Community

Subdivision Name:

Meadow Bay Point 1st Add
Waterfront:

true
Waterfront Features:

Lake Front
Association:

false
Assessment Pending:

No

Parking

Parking Features:

Detached, Garage Door Opener, Storage
Garage Spaces:

2
Garage Dimensions:

28 x 30

Monthly cost estimate

Asking price

$470,000

Expense	Monthly cost
Mortgage	$2,516
Taxes	$152
Insurance	$129
Utilities	$134 See report
Total	$2,931/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price	% Change
5/2/25 May 2, 2025	Listed / Active	NORTHSTAR	$470,000	67.9% (17.9% / YR)
7/19/21 Jul 19, 2021		NORTHSTAR	$280,000

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This house located in MN 56544 is currently for sale for $470,000. 40172 Meadow Bay is a 672 square foot house with 3 beds and 1 bath that has been on Estately for 8 days. This house is in the attendance area of Frazee Secondary School and Frazee Elementary School.

Listing Courtesy of: NORTHSTAR and Beyond Realty.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively 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. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. 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.