5 Properties Priced under $500k in Minnesota

Unlock the door to homeownership in Minnesota with these 5 properties priced under $500k. From cozy family homes to urban retreats, your budget goes further than you might think in the Land of 10,000 Lakes. Check them out below.

3588 215th Ave | $399,000

3588 215th Ave, Breckenridge, MN
Listing agent: Guy Miller

This property is located just east of Breckenridge along the Ottertail River. The 3 bedroom, 2 bath house is all on one level. The family room was added onto the house later, has vaulted ceilings and a gas fireplace. A large patio is out the back of the house.


Size: 1,941 sf


Price: $399,000


Listing details: There is also a 36’ x 40’ pole shed that is partially finished and has a finished dog kennel too. Enjoy the yard with all the trees that cover this property.


Contact: Guy Miller, Miller Realty Inc., +1 701-640-3320

LOT Norwood Rd #F | $180,000

LOT Norwood Rd #F, Battle Lake, MN
Listing agent: Tim McCarte & Steve Young

Here is the opportunity to be part of the last major development on Otter Tail Lake in scenic Otter Tail County MN. Introducing Norwood, a private retreat offering the best of both worlds, privacy and shared community amenities. Lots are wholly owned by each member and the shared amenities include a 324 foot sandy beach, docks, nature trails, board walks, pickle ball courts, playground and community green space with complete with picnic tables and a fire pit.


Size: 0.42 acres


Price: $180,000


Listing details: Golf carts are allowed on the boardwalks and nature trails giving quick and easy access to everything Norwood has to offer. Natural beauty abounds in this small 15 unit private community with some lots having their own private lake shore and some nestled in the woods but still having use of the shared beach and dock system.


Contact: Tim McCarte & Steve Young, Weichert Realtors, +1 218.731.1691, 218.371.9289

Remarkable 2-Acres Property | $448,000

150 County Road 92 N, Maple Plain, MN
Listing agent: Pam Rasmussen & Brett Rasmussen

This remarkable almost 2-acre property offers a 5-bedroom & 2 baths. Each room offers versatility and space for a growing family or guests. The lower level is set up for along term guest apartment with a full kitchen & separate entrance. Each bedroom is designed with thoughtfully placed windows that allow for ample sunlight and delightful views of the pond and surrounding trees.


Size: 2,550  sf


Price: $448,000


Listing details: The detached 2-car garage provides not only convenient parking but also additional storage space, ensuring that your outdoor equipment and hobbies are easily accommodated. With the Luce Line Trail at your doorstep and the enchanting black walnut tree farm across the street, this is a true nature lover’s paradise. Come live your dream!


Contact: Pam Rasmussen & Brett Rasmussen, Coldwell Banker, +1 612.242.5314, 952.465.5943

357 2nd St SW | $339,900

357 2nd St SW, Perham, MN
Listing agent: Corinna Douglas

A timeless classic – Queen Anne Victorian located in a thriving community. One of Perham’s oldest historical homes, once referred to as Elizabeth’s Castle, is available for the first time in almost 25 years. The current owners have lovingly cared for this home, restoring much of it to its original grandeur.


Size: 4,593 sf


Price: $339,900


Listing details: Enough done to be comfortable, enough left to be interesting. As you arrive, the sheer size of this elaborate home with its turret, original stained-glass windows, and wrap-around 3-season porch are the first things you will notice. Just a teaser to what you will find inside – rich original woodwork, hardwood floors, and grand staircase. The owners are having the exterior painted.


Contact: Corinna Douglas, Coldwell Banker, +1 218-831-4415

58714 Frazier St | $444,000

58714 Frazier Street, Park Rapids, MN
Listing agent: Janelle Lake

An outdoor enthusiast’s paradise in the woods with nature at your door. Enjoy the wildlife and more! Acres of remote recreation possibilities. Deer stands included. The property has a nameless water way that passes thru, endless perennial gardens, detached garages, endless trails thru the woods, a dry hunting shack with wood stove and more!


Size: 3,172 sf


Price: $444,000


Listing details: Enjoy the beautiful stone fireplace for cold winter nights. This cozy 3-bedroom home in the woods is a perfect hunters dream, a family retreat or make it your year-round home! Located just 10 minutes west of Park Rapids north of Highway 34. Seller will be removing some yard art & bell.


Contact: Janelle Lake, National Realty Guild, +1 218.252.6504

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